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China eyes eight cruise ships to serve South China Sea

Beijing -

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Ecuador pays $112 million award to Chevron

Caracas - Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement.

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Port of Rotterdam throughput decreased by 3.0%

Rotterdam - The port’s container throughput (in TEU) decreased by 2.3%.

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Amazon set to increase bet on Italy

Milan - Online retailer Amazon.com is set to announce on Friday the first in a seriesof investments in Italy worth at least 500 million euros ($550 million), a bet on the government’s plan to go from laggard to leader in digital commerce, sources said. Amazon will invest 150 million euros to build a major storage centre

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Foreign investments jarred by crackdown

Istanbul - Turkey’s botched coup and an apparent lurch towards authoritarianism is ratting investors and threatens to throw into reverse the hundreds of billions of dollars that have flowed to this once-booming emerging market

Eurozone business growing at weakest rate
Vard, yard utilisation secured in Romania and Vietnam; reduced exposure to Brazil
Livorno, new Vespucci-Verona rail link

Livorno, new Vespucci-Verona rail link

Livorno - A new rail service connecting Interporto Vespucci to Verona. This latest intermodal solution, which began operations on 7 July, reduces the costs of the last mile, and aims to collect traffic from and bound-for the region of Verona, Trento, Bolzano, Vicenza, Mantova and Brescia

RCCL invests in La Spezia’s waterfront

RCCL invests in La Spezia’s waterfront

La Spezia - After a recent announcement by MSC Cruises that it will return to operatein La Spezia from 2017, another piece of good news arrives from Miami: Royal Caribbean has officially confirmed its intention to invest in the construction of La Spezia’s new cruise terminal and the waterfront

Cagliari: new cruise terminal completed

Cagliari: new cruise terminal completed

Cagliari - It covers an area of 10,000 square metres in total within the port of Cagliari.The covered area measures 1000 square meters and is characterized by lighting provided by large windows. There’s also a belt of greenery around the construction