Italy
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Europe
Grimaldi looks to fast-track Jinling newbuilds
Naples-based Grimaldi Group is offering a premium to Jinling Shipyard if the Chinese builder can accelerate the construction of the…
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Europe
D’Amico signs product tanker sale and leaseback
Italy’s d’Amico International Shipping has sold 2016-built product tanker to a “reputable Japanese counterparty” for $29.5m, but will continue to…
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Europe
D’Amico International Shipping sells product tanker
Luxembourg-based d’Amico International Shipping has announced that its Irish operating subsidiary d’Amico Tankers has reached an agreement to sell 2003-built…
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Europe
Monteverde di Navigazione reaches restructuring deal with banks
Following the news that Gestioni Armatoriali has reached an agreement with its creditors over the long-awaited financial restructuring, another Italian…
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Europe
Gestioni Armatoriali fleet goes to Deutsche Bank and Attestor Capital
The entire fleet of Ravenna-based Gestioni Armatoriali, made up of nine bulkers and three tankers, will be transferred to Deutsche…
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Europe
Yilport moves to enter the Italian port market at Taranto
Yilport Holding, company part of the Turkish group Yildirim Holding, has officially presented a request for investing in and operating…
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Europe
Okee Maritime snaps up d’Amico boxship
Hamburg-based shipping company Okee Maritime will add a fourth containership to its fleet, taking the from d’Amico Dry, according to…
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Europe
Deutsche Bank shuffles shipping exposure
As HSH Nordbank gears up to make a renewed foray into shipping under new ownership, another big name in German…
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Europe
RINA appoints new shipping head
Nello Sulfaro has been appointed the new head of the shipping division at Italian classification society RINA. He will be…
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Europe
MSC to complete Messina deal by October
MSC’s acquisition of 49% stake in the Genoa-based conro shipping company Messina is expected to be sealed by October, reports…
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Europe
Premuda and Star Bulk tipped to bid for RBD Armatori’s fleet
At least two companies are very likely to make an offer for Italian owner RBD Armatori’s fleet to be sold…
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Maritime CEO
Pillarstone: Premuda’s back in the market in buying mood
One year after KKR Capital’s turnaround fund Pillarstone Italy took control of Italian owner Premuda, the Genoa-based shipping firm is…
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Maritime CEO
Confitarma: Traditional shipping companies at risk in Italy
The ever increasing presence of financial investors such as Pillarstone and Bain Capital in the Italian shipping market is putting…
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Europe
Grimaldi inks six more Jinling roros
Naples-based Grimaldi Group has just exercised the options for a further six roro ships with Jinling shipyard which are worth…
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Europe
Saipem awarded $1.3bn offshore EPCI contract
Italian offshore engineering contractor Saipem has been awarded an offshore pipeline project in the Middle East worth approximately $1.3bn. The…
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Europe
D’Amico, Rina and Telemar debut pioneering fleet operating centre
Italian d’Amico Group has partnered with Rina and Telemar to build a new fleet digital operating centre in Rome. The…
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Europe
MSC and Banca Carige agree deal for Messina restructuring
MSC and Banca Carige have sealed a pre-agreement fixing the main terms of the debt restructuring for Messina Group. MSC…
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Europe
Levantina Bulk to close down
Despite being a commercial success, Genoa-based Levantina Bulk is closing its operations. Levantina Bulk was founded in Italy in 2013…
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Europe
13-strong RBD Armatori fleet to be auctioned with initial bargain $200m price tag
The Court of Torre Annunziata in Naples has put up for sale at auction the entire shipping branch of RBD…
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Tech
Fincantieri joins the 3D printing rush
Shipbuilders’ flirtation with 3D printing continues to mount. Australian metal additive manufacturing company, Titomic has entered into a MoU with…
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