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RINA gets majority-stake in Tunisia’s Comete

Genova - RINA, a certification group based in Genoa that operates in the industrial, energy, maritime, transport and infrastructure sectors, has signed - through its subsidiary Rina Consulting - a strategic partnership with Comete Engineering, leading segment of the Comete Group

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Orsero, Ebitda reached 31 million euro

Savona - The Board of Directors of the Orsero Group has conducted a reviewof its consolidated financial data at 31 December 2017, with the aim of presenting a financial picture following the acquisition of all the remaining subscribed capital from firms Hermanos Fernández López, Fruttital Firenze and Galandi

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Ansaldo unveils mega turbine

Genova - “Ansaldo Energia and Shanghai Electric have garnered yet another order from China for two class-F gas turbines, bringing overall orders to over 30 gas turbines.” Chen Xuewen, Ansaldo’s director for Asia, was in Genoa, in representation of Ansaldo’s Chinese partner, which holds a 40%-stake

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Aferpi: sale date postponed as Jindal stalls

Piombino - Jindal drags its feet, and the sale of Algerian owned Inferpi steel, based in Piombino, remains on hold. Following the announcement of what seemed like a done deal for the sale of the steel mill on part of Algeria-based Cevital to India’s Jindal

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CMA CGM sees calmer waters for container shipping, looks landwards

Paris - Container lines, which transport everything from televisions to fresh fruit and dominate global freight volumes, are emerging from a severe downturn that culminated in last year’s collapse of South Korea’s Hanjin Shipping.

Atlantia-Abertis: tender offer timeframes extended
Train shortage, power demand to drive resurgence in India’s coal imports
Oil from sunken Iran tanker reached Japan shores
ABS, three new key senior management appointments
South Korean shipbuilders mired in losses
ING and EIB provide EUR 300 m to shipping

ING and EIB provide EUR 300 m to shipping

Luxembourg - The European Investment Bank (EIB)and ING today signed an agreement to support green investments for the European shipping market for a total value of EUR 300m. ING and EIB will each contribute EUR 150m to the facility

BP sees self-driving electric vehicles crimping oil demand by 2040
Foreign minister says UK can leave customs union and have no hard border in Ireland
Refiner goes belly-up after big payouts to Carlyle Group

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VIDEOPort of Venice bets on green shipping