Italy
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Europe
Saipem to cut 8,800 jobs
Italian oil and gas industry contractor Saipem plans to cut 8,800 workers by 2017; the decision part of a restructuring…
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Europe
RBD Armatori’s restructuring plan ready for creditors vote
Genoa: Naples-based RBD Armatori has just submitted a final restructuring plan due to be voted by creditors on November 5, Splash…
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Europe
Finarge cancels AHTS newbuild at SPP Shipbuilding
Genoa: A legal dispute is likely to emerge between Finarge and SPP Shipbuilding after the Italian company, owned by Rimorchiatori…
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Europe
Scorpio Tankers charters in two Montanari aframaxes
Athens: Scorpio Tankers has chartered in one aframax product tanker from Italy’s Navigazione Montanari and placed another under its commercial management –…
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Europe
Breathing space for Premuda
Genoa: Under pressure Italian line Premuda has been granted some breathing space by its creditor banks. The banks have signed…
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Africa
Kenza boxship free to leave Cagliari after two years’ detention
Naples: The 724 teu containership Kenza (built 1991; 8,675 dwt) is free to leave the Italian port of Cagliari after…
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Dry Cargo
Michele Bottiglieri Armatore: Traditional shipowner model called into question
Naples: Michele Bottiglieri is a seasoned shipowner based in Naples, part of a family with a long tradition in the…
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Dry Cargo
Rimorchiatori Riuniti in $19m kamsarmax buy
Genoa: Rimorchiatori Riuniti is back in the market to snatch opportunities. The Genoa-based shipping group, headed by the Gavarone and…
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Dry Cargo
RBD Armatori: Lack of finance stymies owner’s ability to seize opportunities
Naples: Opportunities often emerge for canny shipowners in times of crisis but with a lack of financial support it’s hard to…
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Dry Cargo
Romeo Group orders cement carrier at Ningbo Xinle
Genoa: Italian shipowners Giovanni and Vincenzo Romeo have just ordered a new 6,700 dwt cement carrier with delivery scheduled for 2017.…
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Europe
Scerni di Navigazione fixes charter with Penfield Marine
Genoa: Italy’s Scerni di Navigazione has just signed a time charter contract with Penfield Marine for its LR1 tanker SN Azzurra (72,400…
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Dry Cargo
Grimaldi orders three more car and truck carriers
Athens: Italy’s Grimaldi group has ordered three pure car and truck carrier (PCTC) vessels plus one option to be built at…
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Africa
d’Amico tanker caught up in oil theft row
Hamburg: A d’Amico tanker has become embroiled in an oil theft probe. Police in Germany have arrested the Celio Di…
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Europe
Investors sought for Taranto container hub
Genoa: The Italian government has launched a scouting mission to find local or international investors interested in managing the container…
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Europe
Grimaldi in for up to $600m of new ships at Yangfan
Naples: Grimaldi Group of Naples has just added a further 10 newbuildings to its already large orderbook of ships, Splash…
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Europe
D’Amico orders two more LR1 product tankers from Hyundai Mipo
Athens: D’Amico Tankers (Ireland) has ordered two more 75,000-dwt LR1 product tankers from Hyundai Mipo Dockyard Co for $44m each.…
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Dry Cargo
Giuseppe Bottiglieri Shipping: Family business model questioned
Naples: To be family-business or not to be family-business in shipping? That’s the question Giuseppe Bottiglieri Shipping Company and some…
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Dry Cargo
dACC Maritime: Paolo Clerici’s dry bulk return
Milan: Paolo Clerici is a well-known name in the international shipping market as chairman of Coeclerici, the Italian group based…
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Americas
RINA expands in the USA with new acquisition
Athens: Italy’s RINA classification society is to acquire QIC, a Houston-based testing, inspection and certification (TIC) company serving the energy industry. “QIC is…
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Dry Cargo
Bank of Valletta could be held to account for Deiulemar’s fraudulent bankruptcy
London: Italian dry bulk giant Deiulemar fraudently declared bankruptcy in 2012, owing over €800m, and now its financiers are facing legal…
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