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Europe
Deutsche Bank goes shopping for non-performing loans in Italy
Deutsche Bank is emerging as an aggressive buyer of non-performing shipping loans in the Italian market. Sources tell Splash that…
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Dry Cargo
Gestion Maritime scraps old bulker
The fleet of the Monaco-based shipping company Gestion Maritime will shortly decrease to 10 units. Danilo Fumarola, ceo of the…
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Europe
Grimaldi seeks €200m loan
Grimaldi Group of Italy has headed back to Luxembourg-based European Investments Bank asking for a €200m loan ($212.5m) on a…
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Containers
Maersk Altair sets new Adriatic record
Wednesday saw the port of Trieste in Italy welcome the largest boxship to ever call at an Adriatic port. The…
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Environment
NGO Shipbreaking Platform targets Italian owners
NGO Shipbreaking Platform, a global coalition of 19 environmental, human rights and labour rights organisations working to end polluting and…
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Americas
D’Amico targets growth from Chile
Italian shipping group d’Amico Società di Navigazione is ready to open a new office in South America. Cesare d’Amico, head…
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Europe
D’Amico rules out more tankers
D’Amico International Shipping will no longer invest in any newbuildings or secondhand ships for the near future. Giovanni Barberis, cfo…
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Europe
Polembros confirms double aframax purchase
Polembros of Greece is emerging as one of the most active shipping company in the sale and purchase market in…
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Europe
Esa to relocate shipmanagement from Italy to Malta
The Italian shipping cluster will lose one of its most important shipmanagement companies based in Genoa. From January 1 next…
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Containers
Another boxship for d’Amico
Apart from the huge investment plan in tanker newbuildings, d’Amico Group of Italy has just added a third containership to…
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Europe
Premuda settles aframax sales
There’s a happy ending for the sale of two aframax tankers by Premuda of Italy. As anticipated by Splash a…
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Americas
Grimaldi Group bound for Cuba
Central America, and specifically the island of Cuba, will probably become the next important step for the Grimaldi Group’s business…
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Asia
Romeo behind modern handysize bulker buy
The handysize bulk carrier named owned by Shikishima Kisen of Japan will change hands in the near future. Sources close…
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Europe
Premuda closes in on aframax sale
Following two failed selling attempts in the past months, Premuda of Italy seems to be very close to sign a…
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Europe
Gioia Tauro braced for strike
October 30 will see a strike at the Italian port of Gioia Tauro as workers protest against the current management…
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Europe
Italian owners urge Rome to make flag more competitive
At the latest Confitarma’s general assembly held in Rome, Emanuele Grimaldi, chairman of the Italian shipowners association, listed some conditions…
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Europe
New Italian tonnage tax regime risks local exodus
Italy should brace itself for an exodus from its flag, with Malta likely to be a big winner. As Italy…
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Europe
Italian owner urges P&I Clubs to stop insuring older ships
“All the P&I clubs should stop covering old ships, let’s say ones aged more than 20 years”. This proposal emerged…
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Europe
Merchant shipping should not be rewarded for picking up Med migrants
The head of the Italian shipowners association, Confitarma, has echoed calls from his counterpart in Copenhagen on how best to…
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Europe
One more aframax tanker for Polembros
Polembros Shipping of Greece is to add another aframax tanker to its fleet of dry and liquid bulk carriers. George…
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