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Montecargo profit falls in 2016

Montecargo profit falls in 2016

Podgorica - Montenegrin majority state-owned rail cargo operator Montecargo said its net profit fell to 12,789 euro ($13,895) in 2016 from 53,717 euro a year earlier. The company’s operating profit decreased 12.9% to 6.2 million euro, while operating costs declined 4.3% to 6.2 million euro

Ancona presents its managing Committee

Ancona presents its managing Committee

The managing Committee for the Port System Authority of the Central Adriatic Seahas been formed, with Rodolfo Giampieri as chairperson. The board includes Giulio Piergallini, Tommaso Coletti, Ida Simonella, Francesco Saverio Ferrara, Raniero De Angelis, Rinaldo Veri

EU funds headed overseas? Italy asks for clarification

EU funds headed overseas? Italy asks for clarification

Trieste - In his opening presentation at the Trieste conference,Brian Simpson did not rule it out: “It is possible to extend the benefits of the implementation plan to a non-European nation.” The E.U. coordinator is therefore leaving the door open to that possibility

Clean transport: EU promises new financing / GALLERY

Clean transport: EU promises new financing / GALLERY

Trieste - Three pillars govern the European Motorways of the Sea policy.What Brussels is mainly focused on is the environment: supporting the technology that makes it possible to reduce emissions and develop the network of terminals and facilities that will allow for the use of alternative fuels like LNG

Fincantieri closes its take-over bid for Vard

Fincantieri closes its take-over bid for Vard

Trieste - Fincantieri has announced -with reference to the public voluntary total acquisition bid aimed at the ordinary shares of Vard Holdings Limited that are not already directly or indirectly held, controlled or subject to an acquisition bid from its own subsidiary, Fincantieri Oil & Gas S.p.A. dated 13 November 2016

Iran sanctions 15 US firms, citing Israel ties

Iran sanctions 15 US firms, citing Israel ties

Teheran - Iran has imposed sanctions on 15 U.S. companies for alleged human rights violations and cooperating with Israel, the state news agency IRNA reported on Sunday. The agency quoted Iran’s foreign ministry as saying the companies had “flagrantly violated human rights” and cooperated with Israel

Libya’s NOC says expects to regain Es Sider, Ras Lanuf oil ports
Italy’s seafarers take to the streets: “A new law is needed”

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