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OPEC extends oil output cut by nine months to fight glut

Vienna - OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.

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Grimaldi, new car traffic at Bari

Naples - New car traffic in the port of Bari is to be handled by the Grimaldi Group. The Neapolitan shipping company’s expansion continues in the links up and down the Adriatic, to decongest the national motorway system.

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Vte, Yang Ming wish comes to port

Genoa - The VTE Terminal can offer eight duck cranes of the latest generation and a series of cutting-edge infrastructure, and it is fitted to handle Ultra Large class ships without limitations, day and night, ensuring ever higher safety standards.

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Livorno, Alp restructuring completed

Livorno - The process of restructuring ALP, the monopoly agency for the provision of temporary labour in the port, can be declared definitively completed.

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Delrio: “Genoa’s new sea wall will be funded”

Genoa - “The port of Genoa’s sea wall, when the project is ready, will be funded.” Minister of Infrastructure and Transport Graziano Delrio made the announcement in Genoa.

Assiterminal’s new president is Luca Becce
Ports, highways and railways: northwest Italy teams up

Ports, highways and railways: northwest Italy teams up

Genoa - Sea-based works, land-based logistics, and dockside facilities: these are the three cornerstones that underpin the Memorandum of Understanding signed yesterday between the Ministry of Infrastructure and Transport and the two Ligurian Port System Authorities, as part of a special meeting on Logistics in North-west Italy.

Kuwait says OPEC to discuss 6-, 9-month output cut extensions
Italy opens corruption probe into Sicily govt head; junior minister quits