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Europe
Wellard’s newest cattle carrier financed by Italian bank
Australian shipping company Wellard has secured a ship loan from the Italian bank Intesa Sanpaolo (through the bank’s Hong Kong…
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Dry Cargo
Bolloré in the race for Ilva Servizi Marittimi’s fleet
A few weeks after it emerged among the investors interested in the Molo Settoriale terminal of the port of Taranto…
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Europe
Scafi takes over towage business in Rijeka port
Croatian company Jadrinska Pomorski Servis which owns a concession contract for towage services in the port of Rijeka, at crude…
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Europe
Furtrans tanker arrested in the Canary Islands
A tanker vessel owned by Turkey’s Furtrans Denizcilik group and managed by Italian company Furtrans Tanker & Ship Management has…
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Containers
Grimaldi proposes $10 per ton tax on CO2 emissions
Emanuele Grimaldi, chairman of Confitarma and CEO of Naples-based Grimaldi Group, has proposed a tax on ship emissions after the…
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Dry Cargo
Cesare d’Amico on new offices and rates rebounding
D’Amico Societa’ di Navigazione Group is widening its presence on the international shipping market, mainly in South America and in…
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Bunkering
Fratelli Cosulich forms bunkering alliance in Iran with IRISL
A new bunkering alliance between Italy’s Fratelli Cosulich and the Iranian national shipping group IRISL will take shape in the…
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Dry Cargo
Italian shipowners busy selling
Three Italian-related shipping firms are emerging on the market as potential sellers of two bulk carriers and one tanker. Ireland-based…
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Americas
Lorenzo Banchero dreams of New York
Genoa-based broking house Banchero Costa is moving ahead with its internationalisation program. The company’s chairman, Lorenzo Banchero, speaking at the…
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Containers
Business model questioned
Rarely if ever have Italian shipowners had so much introspection about their future. They describe their plight to Splash. In…
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Contributions
The high-tech road to survival
Italian yards have to pursue niches amid intense competition from East Asia. In the last decade shipyards in Italy have…
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Contributions
Overseas push
Non-Italian business is close to surpassing domestic revenues at RINA for the first time. Every year RINA Group becomes more…
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Contributions
Call to make Italian flag more competitive
Italy can boast the second largest registry in the European Union. However, changes need to happen fast to avoid owners…
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Contributions
Alternative capital paths
There’s not as much cash circling to all Italian owners as in the past. Even with the ship finance market…
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Europe
Bollore among bidders for Taranto terminal
Bollore Group has emerged among the investors interested in the Molo Settoriale terminal of the port of Taranto in southern…
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Europe
Saipem wins new contract in Azerbaijan worth $1.3bn
Saipem, along with consortium partners Bos Shelf and Star Gulf, have been awarded call-off 007 under the Shah Deniz Stage 2…
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Dry Cargo
Yangfan hit by further d’Amico cancellations
A few days after the news that d’Amico Group refused to take delivery of the first supramax bulk carrier built…
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Europe
Rimorchiatori Riuniti takes over Augustea’s towage arm
Rimorchiatori Riuniti will take over Augustea Holding’s subsidiary Augustea Imprese Marittime e di Salvataggi in a deal worth some €75m…
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Dry Cargo
D’Amico refuses first supramax delivery from Yangfan
The last supramax bulk carrier built by China’s Yangfan and renamed has been sold to Korea Line because d’Amico Società…
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Europe
KKR-led vehicle takes over Premuda loans
Private equity has increased its presence in the Italian shipping industry. Pillarstone Italy, a turnaround fund created jointly by KKR,…
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