SERVICES

Europe

Daewoo delivers world’s first icebreaking LNG carrier

Daewoo delivers world’s first icebreaking LNG carrier

Seul - Daewoo Shipbuilding & Marine Engineering Co., a leading global shipyard, said Tuesday that it has successfully delivered the world’s first icebreaking liquefied natural gas (LNG) carrier to a Russian client. In 2014, Daewoo Shipbuilding clinched a deal from Russia’s state-run shipper Sovcomflot

OSE examines user fee increases

OSE examines user fee increases

Athens - The State-run Hellenic Railways Organization (OSE),which previously operated and exploited all railways activities in the country, is reportedly eyeing an increase in network fees ahead of a memorandum-mandated liberalization of the sector in Greece

The MediTelegraph at the MoS Convention in Trieste / GALLERY
Fincantieri closes its take-over bid for Vard

Fincantieri closes its take-over bid for Vard

Trieste - Fincantieri has announced -with reference to the public voluntary total acquisition bid aimed at the ordinary shares of Vard Holdings Limited that are not already directly or indirectly held, controlled or subject to an acquisition bid from its own subsidiary, Fincantieri Oil & Gas S.p.A. dated 13 November 2016

Fincantieri is close to a deal for STX France

Fincantieri is close to a deal for STX France

Trieste - Fincantieri’s acquisition of the Saint-Nazaire shipyards could happen soon, before the French elections: the goal of closing the deal on the only shipyards in France that are capable of building large civilian and military ships is shared by the government in Paris

North Africa

The African giant is in motion / ANALYSIS
281 ships transit the Suez Canal in 6 days carrying 15.8m tonnes
Egypt industry races to fill void as trade gap to narrow $11-12 bln in 2016
Egyptian court confirms 20-year prison sentence on Mursi
Goldman Sachs wins $1.2 bln dispute with Libyan sovereign fund

Middle East

Iran sanctions 15 US firms, citing Israel ties

Iran sanctions 15 US firms, citing Israel ties

Teheran - Iran has imposed sanctions on 15 U.S. companies for alleged human rights violations and cooperating with Israel, the state news agency IRNA reported on Sunday. The agency quoted Iran’s foreign ministry as saying the companies had “flagrantly violated human rights” and cooperated with Israel

Greece, Israel sign agreement in shipping

Greece, Israel sign agreement in shipping

Athens - Greece and Israel on Monday signed a bilateral maritime transport agreement that aims to upgrade the legislative framework governing Greek-Israeli bilateral ties in shipping and lead to a deeper strategic partnership between the two countries in the transport sector

First mega-ship calls at Israeli port

First mega-ship calls at Israeli port

Haifa - The largest ship ever to dock in an Israeli port arrived at the port of Haifaon Thursday. The 13,092-TEU “Maersk Elba” container ship arrived at the Carmel Terminal the morning of February 2. It was operated on by four STS cranes with an average productivity of 136 containers per ship hour

The new Black Sea port / REPORTAGE

The new Black Sea port / REPORTAGE

IN 2016 container traffic in Black Sea, except Turkey, fell by 12,2 % year over year during the first nine months of the year to 1,72 million teus excluding transshipments.

Conxion handles large boiler for Qatar Fertilizer

Black Sea

The new Black Sea port / REPORTAGE

The new Black Sea port / REPORTAGE

IN 2016 container traffic in Black Sea, except Turkey, fell by 12,2 % year over year during the first nine months of the year to 1,72 million teus excluding transshipments.

Bulgarian shipping company Navibulgar to buy 4 ships for US$32m
ZIM and MSC introduce a new joint Black Sea service
Outlook for Vard Holdings remains dim

Outlook for Vard Holdings remains dim

Singapore - Vard has been diversifying away from the oil and gas sector to boost orderbook but OCBC Investment Research warns client restructuring remains a hassle. VARD Holdings has been hit hard by the downturn in oil prices

’Ndrangheta: nuclear waste trafficking

’Ndrangheta: nuclear waste trafficking

La Spezia - His contact was “an inspector from a nuclear power plant in Bulgaria”,the alleged plan was to import radioactive waste into Italy, with the complicity of organized crime; at the centre, Vittorio Petricciola, an accountant from La Spezia, who was arrested as part of an investigation