Brexit prompts ship insurers to look at Luxembourg, Cyprus bases

London - U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU’s financial market, industry sources involved say.


Cruises, training programmes for jobs on board ships

Genoa - New job profiles to staff the ever more hi-tech ships of a shipping group in rapid expansion. Thus was born an alliance between MSC Cruises, the Liguria Region, and Italy’s Merchant Marine Academy.


MSC’s CEO leaves door open on STX France deal

Genoa - Pierfrancesco Vago isn’t rejecting a possible deal. His slightly more nuanced appraisal of the options seems to indicate that for MSC the role of player in the chess game of global naval shipyards is still a possibility.


“Fincantieri cannot take over a majority stake in the Saint Nazaire shipyard”

Paris - he view over the Seine is splendid. “Giuseppe Bono knows these offices very well,” Christophe Sirugue stated from his desk. Sirugue, the French Secretary of State for Industry, has found the STX France dossier in his hands.


Unionized workers of HHI stage all-out strike

Ulsan - Unionized workers at South Korean shipbuilder Hyundai Heavy Industries Co. launched an all-out strike for a second day on Friday demanding better working conditions and opposing the firm’s spin-off scheme

LNG shipping prospects brighten up

LNG shipping prospects brighten up

Athens - New LNG projects coming online are bound to improve the fortunes of LNG shipping carriers. In a recent market outlook, shipowner GasLog said that “with a growing number of new demand centers, the demand outlook for LNG carriers with long-term charters remains positive

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