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A global network for italian shipowners / EDITORIAL

A global network for italian shipowners / EDITORIAL

The authorisation from the Ministry of Transport allows ABS to check the compliance of Italian flagged vessels with the main International Conventions on safety and prevention of pollution: the international Load Line, the SOLAS and MARPOL conventions.

What types have the largest potential upside

What types have the largest potential upside

London - Using VesselsValue’s Future Market Value module, older tonnage looks to increase by the largest percentage from Q1 2018 - Q1 2019. Topping the list are 15 year old Handysize Bulkers, which are predicted to increase in value by 33%, from $8.92 million in Q1 2018 to a forecasted value of $9.73 million in Q1 2019

“How RAM will serve to relaunch logistics” / INTERVIEW
Port of Genoa: cruises to grow in 2018

Port of Genoa: cruises to grow in 2018

Genova - The port of Genoa closed December 2017 with a slight downward trendin cruise traffic and an essentially stable trend in ferry traffic. Looking at the total numbers of cruises and ferries, in 2017, 3,003,652 passengers were recorded versus 3,110,432 in 2016 (-106,780 passengers or -3.4%)

Carige: Chenavari Fund retains 4.9%

Carige: Chenavari Fund retains 4.9%

Genova - The British investment fund Chenavari now holds less than 5% of Carige, reducing the size of the stake that it wound up with after the bank’s capital increase - according to CONSOB’s press release on significant equity investments

Italian shipping world mourns Enrico Burke

Italian shipping world mourns Enrico Burke

Genova - The Genoese broker Enrico Burke passed away Monday evening, after a long illness. With Giovanni Novi, he was the founder of Burke & Novi, one of the most important maritime brokerage companies in Italy and one of the most famous in the world

Small town models waste disposal on ships

Small town models waste disposal on ships

Genova - Rovegno,a small town near Genoa, is modelling itself on a cruise ship, as the mayor, Giuseppe Isola, explained: “Summing it all up, we want to create a waste treatment plant similar to what’s used on large cruise ships”

Shipowners return to buying ways

Shipowners return to buying ways

Genova - There were 411 newbuilds contracted by ship owners in 2017(20,000 DWT bulk carriers and above, 30,000 DWT tankers and above, 500 TEU container ships and above), compared to 166 vessels during the previous year

Seaman nabbed for harassing female worker

Seaman nabbed for harassing female worker

Ulsan - A Russian crewman of a car carrier has been arrested on charges of forcibly hugging and kissing a South Korean female welfare center worker, the maritime police in Ulsan said Monday. The 44-year-old, identified only as “A,”is suspected of having molested the woman

Russia to acquire 10 minesweepers

Russia to acquire 10 minesweepers

St. Petersburg -The Russian Federation Navy is planning to acquire 10 Alexandrit-class (Project 12700) minesweepers by 2027 and 30 by 2035, according to Deputy Chief of the Naval Shipbuilding Directorate Captain Mikhail Krasnopeyev

BIMCO’s Peter Sand: 2017 was year of change

BIMCO’s Peter Sand: 2017 was year of change

Copenhagen - 2017 was a year of change. Much of it for the better, but a cautious approach is still needed for 2018 to maintain the progress already achieved. Economic growth has accelerated in Europe, Asia and the Americas since mid-2016, and the IMF now expects the global GDP growth rate to raise slightly in 2018

APM Terminal, first 10 cranes arrived in Vado Ligure
Cruises in Catalonia: smaller ports doing well / REPORTAGE
NCL Holdings migrates to IB’s InfoSHIP Evo-Ers

NCL Holdings migrates to IB’s InfoSHIP Evo-Ers

Genova - Norwegian Cruise Line Holdings, parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, has just stated its intention to migrate from the current InfoSHIP version, covering the Event Reporting, Ship Certificates and Audit & Inspection Processes, to the new web-based platform by IB

Putin okays loading start at Yamal LNG

Putin okays loading start at Yamal LNG

Moscow - President Vladimir Putin on Friday launched the first loading of liquefied natural gas at the Novatek-led Yamal LNG project in the Arctic, which will further expand Russia’s global energy reach. The Yamal project required investments of $27 billion

ASC stopped from talking up yards capabilities

ASC stopped from talking up yards capabilities

Canberra - Defence stopped ASC spruiking its shipbuilding abilities,a Freedom of Information request shows. The Advertiser revealed earlier this year that the tender for the $30 billion Future Frigates made it clear the foreign designers would not have to use the Adelaide shipbuilder

BIMCO CEO extends contract 5 years

BIMCO CEO extends contract 5 years

Copenhagen - BIMCO’s Secretary General & CEO, Angus Frew, will extend his contract to the end of 2022. His top priority in 2018 will be environmental legislation. Over the past four years, Frew has been instrumental in modernising BIMCO and in increasing its member-focus

French, Italy endorse Fincantieri-Ng bid for Canada
Moby-Cin: no change on the job front

Moby-Cin: no change on the job front

Rome - Moby and Compagnia Italiana di Navigazione met last Monday in Rome,with Fedarlinea and the national secretariats of the trade union organisations Filt Cgil, Fit Cisl and Uiltrasporti in attendance. The meeting took place after a request from the trade unions

Genoa’s mayor also in favour of port ‘ltd.’

Genoa’s mayor also in favour of port ‘ltd.’

Genova - “We would like ports to be limited companies, as is the case in many other parts of the world, and not entities that are dependent on Rome, with all the bureaucratic problems that entails. But they won’t do it.” Marco Bucci, the mayor of Genoa, said this at an event organized by the Propeller Club

9,000 TEU container ship arrives in Livorno

9,000 TEU container ship arrives in Livorno

Livorno - The Harbourmaster’s Office of Livorno has authorized the entryof the “MSC Adelaide” into port, a 300m long and 48m wide container carrier with a capacity of almost 9,000 TEU. This is the sixth MSC ship that the port of Livorno has received

Two burned on 10th anniversary of Thyssen tragedy

Two burned on 10th anniversary of Thyssen tragedy

Turin - First a sudden fire, then the spurt of burning hot gas that hit them. This is how two maintenance staff were seriously burned in Turin. The accident at Vaber, a chemical company with longstanding ties to the city, took place on the day when Turin commemorates the tenth anniversary of the seven steelworkers who died

For Menarini, the new frontier is East Asia
Shipowners are ramping up newbuildings

Shipowners are ramping up newbuildings

Athens - Ship owners are contracting newbuilding vessels left and right over the past week, as 2018 and the Holiday Season are just a couple of weeks away. In its latest weekly report, Allied Shipbroking said that it was “another week with plenty of activity being reported in the Newbuilding market”

Ports, strike called for 15 December

Ports, strike called for 15 December

Rome - “24-hour strike in Italian ports,Friday 15 December.” The strike was called jointly by Filt-Cgil, Fit-Cisl and Uiltrasporti because of “the legislative short-circuit that is undermining the measures to relaunch labour in the ports, part of the so-called “port corrective”

Carige chooses Chenavari for Creditis unit sale
Lithuania emerges as blockchain gateway to Europe

Lithuania emerges as blockchain gateway to Europe

Vilnius - Hot on the heels of issuing of the Europe’s fastest e-money (EMI) license to the numerous global tech companies, Lithuania has announced it will host Europe’s first international Blockchain Centre. The Centre’s mission: to unlock economic and social value by applying blockchain technology

ABB Turbocharging tops industry efficiency

ABB Turbocharging tops industry efficiency

Baden - ABB Turbocharging has raised the industry benchmark for low-speed turbocharging efficiency to achieve an additional turbocharger efficiency increase of 2% by performing the measurement on an actual engine on an engine testbed.

Glencore bets big on car battery metals

Glencore bets big on car battery metals

London - Glencore has increased production of the metals used to make electric car batteries faster than its major mining rivals, according to an industry-wide analysis that shows the scale of a strategy that has big prospective risks and rewards

Shipowning managers eye new ships

Shipowning managers eye new ships

Seoul - Three out of 10 shipowning company managers said they are likely to order new ships within the next 12 months, according to an industry report, in a sign that the maritime sector sees light at the end of the tunnel. SMM said in a report posted on its website on Nov. 29 that there are signs of hope

Fighting waste: the Costa Crociere Food Bank

Fighting waste: the Costa Crociere Food Bank

Genova - Costa Crociere and Fondazione Banco Alimentare Onlus will continue their collaboration to recover and socially recycle food surpluses produced on board cruise ships. A new chapter of the collaboration was introduced on board “Costa Diadema” during her call at Civitavecchia

ICI/IMU, associations with Confindustria

ICI/IMU, associations with Confindustria

Genova - In a joint press release,Nereo Marcucci, President of Confetra, Luca Becce, Chairman of Assiterminal, and Andrea Gentile, Chairman of Assologistica, pointed out that the three associations “have been working hard for some time to achieve a formulation of the rule”

QE offers incentive to snap-up Italian bonds
EU lawmakers back exports control on spying technology
Saimare focuses on IT and staff training / INTERVIEW
Pitto: “Our new challenge is digitalization” / INTERVIEW
“Genoa-Savona is continuing to attract investments” / INTERVIEW
Greek shipowners have $15.2bn in newbuilds

Greek shipowners have $15.2bn in newbuilds

Athens - Renewal of the Greek fleet continues at pace as cash rich owners continue to build ships and buy ships. A survey by Naftiliaki Greek Shipping Review of the Greek orderbook has revealed 237 ships of some 23.8m dwt were on order for 59 Greek companies, at the beginning of October

ECG, new course on Negotiation Management

ECG, new course on Negotiation Management

Brussels - ECG,the Association of European Vehicles Logistics, announces the extension of its education arm to include a new specialist course on Negotiation Management. This new course further reinforces ECG’s commitment to education & training, and complements its successful ECG Academy

EU at impasse before final push to clinch carbon market reform
“3M: five companies interested in acquisition”

“3M: five companies interested in acquisition”

Predosa - Production will not stop on 30 November. That date has been put back to 15 December; however, a buyer has yet to be found. The fate of the 42 workers at 3M, formerly Grafoplast in Predosa, the leading company in the production of electric wire markers, is still hanging by a thread

Mittal to bring ILVA research centre to Genoa

Mittal to bring ILVA research centre to Genoa

Genova - The business plan will be unveiled -and discussed - next Thursday, but AM Investco Italy’s (Arcelor Mittal and Marcegaglia’s) plan to set up a research centre in Taranto is well known. Even to the unions. So the Genoese secretaries of UILM and FIM CISL are now asking for the centre to be built in Genoa

“Europe protects its sailors’ labour”

“Europe protects its sailors’ labour”

Genova - “ What Mattioli presidency? Mario Mattioli is Manuel Grimaldi’s lieutenant, and please do convey the contentious tone of my comment.” In his own way, Vincenzo Onorato, who is the chief of Tirrenia-MOBY and the great dissident among Ital ian shipowners, was welcoming the new president of Confitarma

API takes over 2600 TotalErg service stations

API takes over 2600 TotalErg service stations

Milan - TotalErg becomes API.Italy’s gas distributor, which for years was known by its brand logo of a black horse, rivalling ENI’s six-legged dog and with Esso’s ‘tiger in the engine’, is now taking over the entirety of TotalErg, the 49:51 joint venture between Total and ERG, in a deal valued at over 450 million euro

Genoa, a drug trafficking destination

Genoa, a drug trafficking destination

Genova - The ship’s course, as recorded in the logbook aboard the container vessel seized by Italy’s Finance Police in the port of Gioia Tauro, was pretty accurate. From Calabria, in a matter of a few hours, the ship carrying the Tramadol cargo, known also as “the fighter drug”, would have sailed straight to Genoa

“Trieste links Europe with the Med” / INTERVIEW
Britain’s small firms struggling to hire in face of Brexit
Best fleet efficiency with MILES programme / INTERVIEW
Maritime transport and digital security issues / ANALYSIS
The Italian economy is constrained to too small companies / EDITORIAL