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Europe
Grimaldi takes over ro-ro terminal in Savona
Naples-based Grimaldi Group announced the takeover of the shipping agency and freight forwarder company Marittima Spedizioni which entirely controls Savona…
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Europe
Eni to quit shipowning with LNG carriers sale
Italian energy company Eni will quit the LNG carrier shipowning business in the near future the company told the seafarers…
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Europe
Aponte makes plea to Italian ports to gear up
Mediterranean Shipping Company (MSC) will participate in the tender still to be launched by the Leghorn port authority for the…
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Europe
Deutsche Bank buys into Rimorchiatori Riuniti
Starting next week Deutsche Bank-controlled investment fund Deutsche Altrnative Asset Management will become a new minority shareholder of Rimorchiatori Mediterranei,…
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Europe
Disagreements between Pillarstone and shareholders leave RBD Armatori on the brink
Naples-based RBD Armatori is seeing its rescue hopes slip away as shareholders of the firm, the Rizzo Bottiglieri De Carlini…
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Europe
Crewmembers suspected of killing MSC master
Two crewmembers of the have been arrested, suspected of having killed Yurii Kharytonov, master of the containership which is still…
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Europe
Scorpio Bulkers closes in on resale kamsarmax from Yangzijiang
Monaco-based Scorpio Bulkers is set to ink a deal for the purchase of a resale newbuilding bulk carrier. Broker sources…
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Europe
Augustea finds post-panamax for Pakistan coal project
Naples-based shipping group Augustea has found the post-panamax bulk carrier needed for the forthcoming coal transhipment project to be established…
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Europe
Ukrainian master disappears from MSC containership in Italy
A 54-year-old Ukrainian master has disappeared from the 2,000 teu containership while the vessel was en route from the Italian…
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Europe
RBD Armatori shareholders given jail time for tax evasion
The former management at Naples-based RBD Armatori have collectively been sentenced to over 30 years of jail in a tax…
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Dry Cargo
Pillarstone goes all in on RBD Armatori’s rescue plan
KKR-controlled turnaround fund Pillarstone has decided to go all in for RBD Armatori, the Naples-based shipping company whose non-performing loans…
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Europe
Four private equity funds circle around Rimorchiatori Riuniti’s towage business
Rimorchiatori Riuniti of Italy has started a process to secure a financial partner, targeting new investments and takeovers in its…
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Europe
Deutsche Bank takes non-performing Finaval loans from Unicredit
Another Italian shipownbing company has found itself on Deutsche Bank’s radar for investment. Following the cases of RBD Armatori and…
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Europe
Mario Mattioli elected chairman of Italian shipowner association Confitarma
Mario Mattioli, CEO of the Naples-based Cafima group, has been elected the new chairman of the Italian shipowner association Confitarma,…
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Europe
D’Amico Tankers sells and charters back MR product tanker
Luxembourg-based d’Amico International Shipping, part of the Italy’s d’Amico Società di Navigazione Group, has announced that its Irish operating subsidiary…
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Europe
RBD Armatori’s top management face jail over alleged tax fraud
The top management of RBD Armatori of Italy – Giuseppe Mauro Rizzo, Roberto Rizzo, Ugo De Carlini, Orsola Bottiglieri and…
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Europe
Augustea to invest $70m in new Pakistan coal transhipment project
Augustea Group of Italy will be the maritime branch of a new project soon to be launched by China Power…
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Europe
Scerni takes 10% share of International Andromeda Shipping
Monaco-based International Andromeda Shipping has welcomed Paolo Scerni, head of Scerni di Navigazione, as its new minority shareholder several sources…
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Europe
Nova Marine and Algoma add two ships
Canadian shipping group Algoma Central and its Swiss partner Nova Marine Carriers have just snapped up two ships for the…
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Europe
D’Amico International Shipping seals another sale and leaseback
The Italian shipping group d’Amico Società di Navigazione is proceeding with its sale and leaseback strategy in the liquid bulk…
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