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Europe
Gianluigi Aponte blasts China as arrogant
Gianluigi Aponte, founder and chairman of the Geneva-based MSC group, has made clear he is not enamoured with China as…
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Europe
Fears grow oil will wash ashore from Med collision
French and Italian authorities have worked hard to contain a big spill in the Mediterranean, however the oil is spreading…
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Europe
Fight to contain big spill in the Med
Italian and French experts are on the scene in the Mediterranean fighting a major oil spill. Two cargo ships collided…
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Europe
Grimaldi announces a new series of ship orders
Following the renovation of ACL’s fleet, new orders for Finnlines and Grimaldi Euromed’s short sea routes and the new car…
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Europe
Uljanik’s crisis deepens as Algoma cancel another shipbuilding contract
Pula-based shipyard Uljanik has lost another shipbuilding contract as the Canadian group Algoma Central Corporation officially unilaterally rescinded the contract…
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Europe
Nova Marine Carriers flipping bulker for handy profit
Lugano-based Nova Marine Carriers group is expected to make a profit from the sale of one of two 2011-built handysize…
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Europe
Prosecution sought in Manila over illegal recruitment
The National Bureau of Investigation in the Philippines is seeking the prosecution of two Italians and three Filipinos for syndicated…
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Europe
NovaAlgoma and Peter Döhle Schiffahrts create new mini-bulker pool
NovaAlgoma Short Sea Carriers, a joint venture of Algoma Central Corporation and Nova Marine Holdings SA, and Peter Döhle Schiffahrts-KG…
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Europe
Motia restructures with new investor waiting in the wings
Mestre-based Motia Compagnia di Navigazione has officially requested the local coast guard to reflag its fleet of seven tankers from…
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Europe
Court finds Saipem guilty in Sonatrach corruption case in Algeria
In a court ruling in Milan, former Saipem CEO Pietro Tali was sentenced to four years and nine months in…
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Europe
W Marine takes its ninth bulk carrier from Marwave
Athens-based W Marine is reported on the market as the buyer of modern (2011-built) post-panamax bulk carrier for $17.2m. Silvia…
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Europe
South End Tanker Management takes a small tanker from Furtrans
Dordrecht-based South End Tanker Management is reported as the new owner of the 2008-built small chemical tanker , now renamed…
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Europe
Three ports in Italy ready for low sulphur bunker supply before 2020
Shipowners will be glad to hear that at least three ports in Italy will be ready to supply fuel oil…
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Europe
Augustea in negotiations to sell new Pakistan transhipment project
Naples-based Augustea Group is in advanced stages of negotiation with a Chinese counterpart to sell the contract to build and…
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Europe
Fincantieri and CSSC extend cooperation
Italy’s Fincantieri and China State Shipbuilding Corporation have signed a memorandum of understanding for the extension of cooperation, already existing…
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Europe
Saipem scores new offshore contracts in Guyana and Congo worth $700m
Italian contractor Saipem has been awarded contracts by Esso Exploration and Production Guyana for the second phase of the ExxonMobil…
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Greater China
SC Lowy snaps up $160m of shipping NPLs from Italian bank MPS
Hong Kong-based international finance group SC Lowy has just closed its largest Italian shipping debt transaction, acquiring a portfolio of…
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Europe
New container hub planned for Palermo
The Institute for Political, Social and Economic studies (Eurispes) in Italy has just disclosed an ambitious plan to build up…
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Europe
RBD Armatori fleet sale falls through
No one has been willing to shell out the $200m demanded for the 13 ships belonging to bust RBD Armatori.…
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Europe
Coeclerici cashes out of coal transhipment with sale to Vale
After almost half a century Milan-based Coeclerici Group has closed its coal logistics division, the pioneers of coal transhipment claiming…
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