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Fincantieri, two other bids in Bulgarian patrol ship tender
Zeaborn grabs total control of Intermarine
CMA CGM completes public tender for CEVA

CMA CGM completes public tender for CEVA

Marseillle - Following the close of the public tender offer launched on 12 February 2019, the CMA CGM Group announced today that it will hold 97.89% of the outstanding shares and voting rights of CEVA upon settlement of the tendered CEVA shares, scheduled for 16 April 2019

Philippines dominant crewing position under threat

Philippines dominant crewing position under threat

Manila - The Philippines, the world’s dominant source of seafarers this century, is coming under severe pressure with the number of deployed crew dropping drastically last year and a host of top managers warning today that the country’s manning preeminence is under threat

China wants to ban bitcoin mining

China wants to ban bitcoin mining

Shanghai - China’s state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector

EU fines General Electric

EU fines General Electric

Brussels - The Commission has fined General Electric €52 million for providing incorrect information on its planned acquisition of LM Wind, the leading American supplier of blades to the offshore and onshore wind industry

Piraeus Port Authority shows good 2018 results

Piraeus Port Authority shows good 2018 results

Piraeus - The annual briefing to the Hellenic Republic Asset Development Fund (HRADF)of the results of Piraeus Port Authority SA for the year 2018 took place at the headquarters of PPA S.A. in the presence of the CEO of PPA S.A. Captain Fu Chengqiu and Angelos Karakostas, Deputy CEO

Djibouti orders to pay DP World $530M

Djibouti orders to pay DP World $530M

Djibouti - A court in London has awarded global ports operator DP World $385 million in compensation for the government of Djibouti’s decision to shut it out of previously-agreed development opportunities. When adding in unpaid royalties, the total award comes to $533 million

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