Posts Tagged ‘Italy’

Vittoria Shipyard enters the international tug market with orders from Russia and Algeria

Vittoria Shipyard enters the international tug market with orders from Russia and Algeria
Russia: Rendering 60 Tons ASD Tug Ice The Russian boat will be used in the scheduled scrapping of nuclear submarines in the Barents Sea. The Algerian one is for use by the harbour authority at Skikda. Company President Duò: “It is an important challenge in a very competitive and selective market....
April 6th, 2017 | Marine Equipment Products and Services, Military, Shipbuilding and Shipyards | Read More

Markets drop and Geopolitics are a major liability…

Markets drop and Geopolitics are a major liability…
John Faraclas The BDI’s fall continues, thanks to the Capers. The Global situation turns sour. John Faraclas daily report: The BDI (Baltic Dry Index) lost 14 points and now stands at 1,324. No steam left as sustainability evaporates yet again… The Capers’ BCI 2014 lost 65 points and now stands...
March 30th, 2017 | Dry Bulkcarriers, Environment, Maritime History and Museums, Markets, Military, Paintings and Sculpture, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Continued Capers volatility with Geopolitical Economic uncertainty

Continued Capers volatility with Geopolitical Economic uncertainty
John Faraclas The BDI (Baltic Dry Index) ended the day with 35 points plus standing at 1,147, thanks to the excellent but also volatile “performance” of the Capesize tonnage. The Geopolitical situation, as expected and as things prove becomes more and more uncertain. John Faraclas’ midweek report: The...
March 15th, 2017 | Markets, Military, News, Reports, Shipping Indices | Read More

Palau and Italy Join Forces for Maritime Seminar

Palau and Italy Join Forces for Maritime Seminar
Members of Palau International Ship Registry with the Italian Coast Guard Palau International Ship Registry (PISR) Flag Inspectors benefited from a seminar hostedbetween February 20th to 24th at Italian Coast Guard General Headquarters in Romecovering Port State Control, Safety of Navigation, Maritime...
March 14th, 2017 | Events, Conferences,Forums and Symposiums, Flags | Read More

Marina d’Arechi: the first Italian Port director Rina certified

Marina d’Arechi: the first Italian Port director Rina certified
Anna Cannavacciuolo Anna Cannavacciuolo, Marina Manager at Marina d’Arechi, yesterday became the very first person to be awarded a diploma qualifying her as Port Director by the prestigious RINA Services. This certification was awarded following a multidisciplinary course and examination on the...
February 28th, 2017 | Classification Societies, Company Profiles, Marinas, Maritime Tourism, Person Profiles, Regulatory, Yachting | Read More

Baleària signs 200 million euro agreement with Cantiere Navale Visentini to build two dual fuel ferries

Baleària signs 200 million euro agreement with Cantiere Navale Visentini to build two dual fuel ferries
The shipping line favors LNG fueled ships with these two “smart” sister ships that have a capacity for more than 800 passengers and more than 2000 LM for cargo. Baleària has reached an agreement with the Italian shipyard Cantiere Navale Visentini to build two, dual gas engine sister ferries,...
February 1st, 2017 | Ro-Ro and Passenger Ferries, Shipbuilding and Shipyards, Technology | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 23, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, January 23, 2017)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: During his inaugural address on Friday, US President Donald Trump reiterated his administration’s vision to pursue new trade policies...
January 23rd, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Europe scoffs at Brexit plan: Daily Wealth Letter

Europe scoffs at Brexit plan: Daily Wealth Letter
Ian Brodie Daily Wealth Letter a daily synopsis of the wealth news that’s most relevant, timely and dependable Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com) NEXT WEALTH FORUM EVENT: Monaco Wealth Forum, March 15, Cafe de Paris, Monte-Carlo (vist www.thewealthforums.com for...
January 18th, 2017 | News, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Monday, December 05, 2016)

Daily Overview of Global Markets & the SEE Region (Monday, December 05, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: With a turnout close to 70%, Italian voters rejected on Sunday constitutional reforms proposed by the government by a wide margin, 59.1%...
December 5th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Collective strength of Italian law firms on show

Collective strength of Italian law firms on show
Elena Dell’Utri Vizzini and Lara Sandrone of TDP Avvocati. Collective strength of Italian law firms on show By James Brewer Maritime law firms based in Italy are enjoying an enhanced profile, thanks to their initiative in publishing a widely-supported periodical that surveys their entire specialist...
December 4th, 2016 | Associations, Communication, Conferences, Seminars, Forums, Events, Marine Insurance, News, Press and Media | Read More

Italian Constitutional Referendum on December 4: A turning point in European Politics

Italian Constitutional Referendum on December 4: A turning point in European Politics
Global Economic & Market Outlook – Focus Notes (Friday, December 02, 2016) Italian Constitutional Referendum on December 4:        A turning point in European Politics Background information: Following the June 23rd Brexit vote in the UK and the Republican candidate Donald Trump’s...
December 2nd, 2016 | Banking, Markets, News, Reports | Read More

Three years of low Markets

Three years of low Markets
John Faraclas The BDI looks downwards and peace on earth too given the three years worsening of the situation in both fronts; John Faraclas’ daily report: The BDI (Baltic Dry Index) closed down eight points since yesterday at 1,196 points, four points below the 1,200 threshold that many believed to...
December 1st, 2016 | Markets, News, Shipping Indices, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 28, 2016)

Daily Overview of Global Markets & the SEE Region (Monday, November 28, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Oil prices were lower in early European trade on market uncertainty over whether OPEC producers will manage to finalise at the November...
November 28th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

The Markets and Geopolitics: not a pretty picture…

The Markets and Geopolitics: not a pretty picture…
John Faraclas A dropping BDI (Baltic Dry Index) and uncertainty on geopolitics create the worse ever picture since the end of the Vietnam War; John Faraclas weekly recap: The BDI lost 20 points since yesterday standing at 1,181 and 76 since last week’s 1,257 points sending shivering and multiple messages...
November 25th, 2016 | Dry Bulkcarriers, European Union, Markets, Military, News, Oil Industry, Politics and Government, Reports, Sales and Purchases, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

What the 2016 York-Antwerp Rules means for insurers

What the 2016 York-Antwerp Rules means  for insurers
Ben Browne of Thomas Cooper LLP. What the 2016 York-Antwerp Rules means  for insurers  By James Brewer Casualty costs could be noticeably reduced in the near term under the newly agreed York-Antwerp Rules 2016, the annual conference of the International Union of Marine Insurance heard in Genoa in September. While...
November 3rd, 2016 | Associations, Conferences, Seminars, Forums, Events, Insurance and Reinsurance, Marine Insurance | Read More

Italian shipping is building on success story, says shipowners’ chief

Italian shipping is building on success story, says shipowners’ chief
Stefano Messina of Confitarma. Italian shipping is building on success story, says shipowners’ chief By James Brewer Italian shipowners have shown faith in their capabilities by investing heavily in hardware over the past decade, Stefano Messina, president of Commissione Risorse Umane e Relazioni Industriali...
October 19th, 2016 | Associations, Conferences, Seminars, Forums, HR, Insight, News, People and Places | Read More

Genoa reclaims role as birthplace of modern marine insurance

Genoa reclaims role as birthplace of modern marine insurance
Dieter Berg, Maria Bianca Farina and IUMI secretary general Lars Lange. Genoa reclaims role as birthplace of modern marine insurance By James Brewer The pioneering role of the medieval republic of Genoa in marine insurance was highlighted when underwriters gathered in the city state’s modern incarnation...
October 16th, 2016 | Conferences, Seminars, Forums, Events, Marine Insurance, Maritime History and Museums | Read More

Potential accumulation losses threatening the financial stability of insurance companies

Potential accumulation losses threatening the financial stability of insurance companies
Dieter Berg Potential accumulation losses threatening the financial stability of insurance companies, says IUMI President Closing this year’s IUMI 2016 marine insurance conference in Genova today, IUMI President, Dieter Berg expressed concern over the increasing number of large marine losses and their...
September 23rd, 2016 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Explosive cocktail of challenges ahead for marine insurers, says IUMI president

Explosive cocktail of challenges ahead for marine insurers, says IUMI president
Dieter Berg Explosive cocktail of challenges ahead for marine insurers, says IUMI president  By James Brewer Marine insurers will have to deal with “an explosive cocktail” of challenges in the period ahead, Dieter Berg, president of the International Union of Marine Insurance, said in his...
September 21st, 2016 | Conferences, Seminars, Forums, Marine Insurance | Read More

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMI

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMI
Simon Williams Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMI Speaking at yesterday’s IUMI Genova conference, Simon Williams, Chairman of IUMI’s offshore energy committee, warned that the offshore energy sector was facing a...
September 21st, 2016 | Associations, Energy, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Reduced income and challenges ahead for marine cargo insurance, says IUMI

Reduced income and challenges ahead for marine cargo insurance, says IUMI
Nick Derrick At yesterday’s IUMI marine insurance conference in Genova, Cargo Committee chairman Nick Derrick announced a reduction in global cargo premiums by 9% from 2014 to 2015, the total premium value being US$15.8 billion. He stated a combination of a strong US dollar and falling cargo values...
September 21st, 2016 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

IUMI calls for further industry cooperation to tackle containership fires

IUMI calls for further industry cooperation to tackle containership fires
Uwe-Peter Schieder Two recent onboard containership fires have fueled concerns from IUMI (International Union of Marine Insurance) over the challenges involved with managing these incidents at sea. Uwe-Peter Schieder, Vice Chairman of IUMI’s Loss Prevention Committee explains: “At sea, below-deck...
September 20th, 2016 | Associations, Containers, Events, Conferences,Forums and Symposiums, Marine Insurance, Maritime Accidents, Safety and Security | Read More

Global ocean hull premiums down in 2015 and sector faces increasing volatility and risk, reports IUMI

Global ocean hull premiums down in 2015 and sector faces increasing volatility and risk, reports IUMI
Mark Edmondson Global premium income related to ocean hull insurance for 2015 was down by 8.4% compared with the previous year and totalled USD 7.5 bn. Although the global fleet continued to grow, average insured vessel values fell and this had impacted negatively on premium income. Although global...
September 20th, 2016 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Legambiente joins Platform’s campaign for sustainable ship recycling

Legambiente joins Platform’s campaign for sustainable ship recycling
© Andreas Ragnarsson – http:// www.andreasragnarsson.com/portfolio/ portfolio/ Brussels, 19 September 2016 – The NGO Shipbreaking Platform welcomes onboard Legambiente, its first-ever Italian member organization.  Legambiente is a non-profit association created in 1980 for the safeguard...
September 19th, 2016 | Associations, Corporate Social Responsibility, Environment, Health and Safety, Pollution, Safety and Security, Ship Demolitions | Read More

Boxship sector teetering “like house of cards” says IUMI committee chief

Boxship sector teetering “like house of cards” says IUMI committee chief
Nick Derrick Boxship sector teetering “like house of cards” says IUMI committee chief by James Brewer Container shipping globally is as fragile as “a house of cards” in the wake of the collapse of South Korea-based Hanjin Shipping, a leading member of the International Union of...
September 18th, 2016 | Associations, Conferences, Seminars, Forums, Container shipping, Marine Insurance, News | Read More