Italy
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Europe
Unsafe at any draft – Part one
Captain Schettino of the Costa Concordia is off to jail to start his 16-year sentence for manslaughter. Most of the…
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Europe
D’Amico seals Japanese sale and lease back deal
D’Amico International Shipping S.A. has just announced that its operating subsidiary d’Amico Tankers signed a memorandum of agreement and bareboat…
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Europe
Secondhand ship prices fall to lowest level since 2000
Five-year-old ship prices are back to the same level of spring 2000, according to the latest market overview recently presented…
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Europe
Saipem awarded SURF contract by ExxonMobil in Guyana
Italian oil and gas contractor Saipem has been awarded an EPCI contract for the SURF package of the proposed Liza…
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Maritime CEO
D’Amico International Shipping: Three reasons why product tankers are at a turning point
A reduced orderbook for new tankers, an increasing tonne/mile ratio and sea transport demand from refined products constantly soaring: these…
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Europe
LGR Navigazione selling two MR tankers to newly formed Navigare Capital Partners
Italy’s LGR di Navigazione is in the process of selling two of the four MR tankers remaining in its fleet…
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Europe
Two arrests at RINA over alleged irregular certifications
Two inspectors at RINA, the Italian classification society, have been arrested today over irregular certifications to ferries and cargo ships…
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Europe
Fratelli Cosulich lands in Dubai for bunker trading
Genoa-based Fratelli Cosulich Group has just announced that a new office in Dubai has been opened to strengthen its position…
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Europe
RBD Armatori’s capesize en route to Navios
Naples-based RBD Armatori looks like it is about to sell one of the four capsize bulk carriers in its fleet.…
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Europe
Italian transport minister voices concern at container shipping’s consolidation
Italy’s transport minister has voiced his concerns about the supersizing of boxships and the consolidation being seen within the container…
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Europe
Pillarstone takes control of Premuda, hunts new investments
Following the extraordinary shareholders’ meeting held yesterday in Milan, Genoa-based Premuda has now passed under the control of Pillarstone Italy.…
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Europe
Bust Navemar’s fleet sold to Romanian interests
Constanta-based Overseas Suppliers SRL was awarded the two general cargo ships owned by bankrupt Italian line Navemar put up for…
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Europe
Shipping Financial Platform Consortium launches in Italy
A new financial boutique named Shipping Financial Platform Consortium and dedicated to shipping firms has launched in Italy, headquartered in…
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Americas
ENI hits oil in shallow waters of Mexico’s Campeche Bay
Italian giant ENI has hit oil in shallow waters of Mexico’s Campeche Bay, the company announced on Thursday. In its…
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Maritime CEO
Nova Marine Carriers: Technology and partnerships to weather the storm
Amid the current challenging market scenario for dry bulk shipping, Nova Marine Carriers is facing the crisis following two main…
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Europe
Eni looks to sell stake in Saipem
Italian oil and gas giant Eni is likely to sell its stake in offshore contractor Saipem, according to ceo Claudio…
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Europe
Rimorchiatori Riuniti takes Japanese kamsarmax
Rimorchiatori Riuniti is to bolster its presence in the dry bulk industry with the purchase of the kamsarmax bulk carrier…
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Europe
PIR and Edison join forces for a new LNG terminal in the port of Ravenna
The Adriatic Sea will have at least one LNG bunkering facility in Italy. Petrolifera Italo Rumena (PIR) along with Italian…
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Europe
D’Amico looking to offload more tankers
Italian owner d’Amico International Shipping is to adopt a defensive strategy in the tanker market after it closed 2016 with…
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Europe
RBD Armatori puts three bulkers up for sale
Naples-baded RBD Armatori is in there process for reducing its fleet from 17 to 14 vessels, having just announced that is going…
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