Italy
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Europe
Italian port workers to strike over self-handling
Workers are planning a strike on May 11, shutting down all Italian ports for the day, citing a need to…
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Europe
Grimaldi in for six ro-ro vessels at Jinling shipyard
Naples-based Grimaldi Group has announced an order for six hybrid ro-ro vessels with Chinese shipyard Jinling for a total investment…
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Europe
Calisa selling MR tanker to PetroVietnam
Genoa-based shipping firm Calisa, part of the Novella Group, is close to selling one of the four tankers in its…
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Europe
Nova Marine Carriers takes handysize from Nisshin Shipping
Lugano-based shipping company Nova Marine Carriers is closing its seventh deal of the year, with the company controlled by Giovanni…
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Europe
Saipem awarded $190m worth of new contracts
Italian offshore services firm Saipem has been awarded several new contracts, led by semi-submersible rig Scarabeo 8, worth a total…
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Europe
Star Bulk adds 16 Augustea bulkers in all-share transaction
Greek dry bulk owner Star Bulk Carriers has moved to take its fleet to 90 vessels, with the acquisition of…
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Europe
New Italian line launched
A new shipping line was launched in Italy yesterday and is due to start operations early next month. ProCargo Line…
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Europe
RINA Services CEO Michele Francioni resigns
Michele Francioni has just resigned from his role of CEO at RINA Services citing personal reasons. The decision by Francioni…
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Europe
Micoperi fails in standstill bid
Ravenna-based Micoperi was not able to reach a positive vote from 51% of the bondholders called to express their votes…
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Africa
Matrix Energy closes in on third tanker
Nigerian group Matrix Energy is close to snapping up the 2004-built tanker for a price of roughly $10m. The ship…
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Europe
D’Amato di Navigazione to fight bankruptcy decision
The Naples-based D’Amato di Navigazione shipping company has been declared bankrupt by a local court but the main shareholder has…
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Europe
Icon Infrastructure buys into Salerno port
UK-based fund Icon Infrastructure has bought into the port of Salerno in southern Italy. Icon has a 45% stake in…
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Europe
Grimaldi taking full control of New TTT Lines
Grimaldi Group is set to take full control of ro-ro shipping company New TTT Lines according to workers unions in…
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Europe
Nova Marine Carriers takes bulk pair from United Seven KG
Lugano-based Nova Marine Carriers is going to add two modern bulk carriers to its fleet. According to some market reports…
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Europe
Moby and Tirrenia sanctioned by antitrust authority in Italy
The Italian Antitrust Authority sanctioned two ferry companies, Moby and Tirrenia CIN which are both part of the Onorato Armatori…
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Europe
Italian bank readies to offload shipping loans
Genoa-based lender Banca Carige has put up for sale the financial exposures of three shipping companies which are worth some…
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Europe
Saipem buys Lewek Constellation
Italy’s Saipem is paying $275m to acquire , an ultra deepwater rigid and flexible pipelay, heavy lift and construction vessel.…
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Europe
Prysmian invests in new cablelayer
Italy’s Prysmian Group, a specialist in the energy and telecom cable systems industry, has announced an investment in excess of…
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Europe
Gestioni Armatoriali now at the mercy of turnaround funds
UK turnaround fund Attestor Capital is rapidly increasing its role in the Italian shipping arena, purchasing its second non-performing-loan of…
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Europe
Giuseppe Bottiglieri rescue plan gains bank approval
Naples-based Giuseppe Bottiglieri Shipping Company has obtained a green light from banks on the restructuring plan proposed jointly with Bain…
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