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Mariano Maresca, the point of reference for the Italian shipping world
Confetra approves new rules

Confetra approves new rules

Rome - Confetra, the Confederation of Transport and Logistics, has approved its new Statute, which introduces changes ranging “from the revitalization of regional organisations to the establishment of the Coordination for Southern Italy”

Fincantieri, Massolo: “U.S. tender, the market is optimistic”

Fincantieri, Massolo: “U.S. tender, the market is optimistic”

Genoa - Concerning Fincantieri’s participation in the $20 billion tenders for a contract in the United States, “the market is right to be as optimistic as we are.” This was stated by the chairman of Fincantieri, Giampiero Massolo, about the company’s bounce upwards on the stock exchange

New funds for Calabria’s ports

New funds for Calabria’s ports

Reggio Calabria - The Region of Calabria, the Regional Consortium for Production Activities, the Ministry of Infrastructure and Transport and the Port Authority of Gioia Tauro have signed an intergovernmental agreement designating the port infrastructure system to be of international importance

First trains between Prato and La Spezia

First trains between Prato and La Spezia

La Spezia - The line is open and the first two trains have travelled between the port of La Spezia and Prato’s freight village. Initially about twenty containers from the LSCT terminal in Spezia were sent to Prato, hen another convoy with about ten containers made the reverse trip

North Africa

Three kidnapped Turkish engineers released in Libya
Tunisians to vote in first free municipal elections amid economic gloom
Ansaldo Energia signs contracts worth €240 million in Tunisia

Ansaldo Energia signs contracts worth €240 million in Tunisia

Genoa - Ansaldo Energia has signed contracts in Tunisia for the construction of an electricity power plant and related services for a total of €240 million. The contract, signed with the Société Tunisienne de l’Élecriticité et du Gaz (STEG), relates to the construction of an open-cycle gas-fired power plant

Libya examines Total-Marathon purchase, casting doubt on deal
Libya tries to pick itself up again post collapse / ANALYSIS

Middle East

Iran eyes oil for goods barter plan to fight sanctions
Qatar’s food giant invests $500 mln in Sudan

Qatar’s food giant invests $500 mln in Sudan

Doha - Qatar’s Hassad Food has announced its plan to invest 500 million U.S. dollarsin the agricultural and food sector in Sudan over the next three years. The announcement came after Hassad, the wholly owned subsidiary of Qatar Investment Authority, signed a mutual agreement with a Sudanese company

CRCC tests Saudi rail project

CRCC tests Saudi rail project

Riad - China Railway Construction Corp (CRCC) started on Wednesday the testing of the Mecca Light Rail in Saudi Arabia, in preparation for Hajj pilgrimage in August when millions of pilgrims will head to the holiest city in Islam

Jordan to receive USD100 mln from Germany
OPEC meets Russia and allies to agree oil output boost

Black Sea

Georgia, Hong Kong sign free trade deal

Georgia, Hong Kong sign free trade deal

Tbilisi - Hong Kong and Georgia have signed a free trade agreement (FTA) which will provide legal certainty and boost market access and investment flow between the two countries. Georgia will eliminate import tariffs on 96.6% of its tariff lines for Hong Kong products

Putin would be ready to host G7 in Moscow

Putin would be ready to host G7 in Moscow

Qingdao - Russia did not choose to leave the G7 and would be happy to host its members in Moscow, President Vladimir Putin said on Sunday when asked about U.S. President Donald Trump’s suggestion that Russia should have been at its latest meeting

Moody’s slashes Turkish growth forecast to 2.5 percent
New orders for Crimean shipyards

New orders for Crimean shipyards

Yalta - RF Government is set to develop a plan for filling the order backlog of Crimean shipbuilding and ship repairing yards up to 2030 within a couple of months, says Dmitry Rogozin, Deputy Prime Minister of the Russian Federation

Romania’s seaports cargo traffic down 0.2 pct in 2017