28433 members and growing – the largest networking group in the maritime industry!


Friday, March 23, 2018

Italy News

© Kostas Koufogiorgos / Adobe Stock

Migrant Influx Puts Greek Port on Edge

The migrants bolted across a street and clambered over a fence into the Greek port at Patras, scouting around for trucks to stow away in. Dozens at a time scaled a 2-km stretch of fence one afternoon last week, playing cat-and-mouse with police officers who pushed them back only for the men to try again hours later. They are part of a growing number of migrants in Greece trying daily to smuggle themselves onto ferries at Patras to get to Italy. It's a dangerous passage but it has become more appealing since the closure in 2016 of the overland Balkan route to northern Europe.

File photo: CMA CGM

CMA CGM Expects Volumes to Remain Strong in 2018

Container shipping group CMA CGM said it expects a rebound in the industry to continue this year on the back of brisk economic growth, playing down the immediate impact of geopolitical tensions. French-based CMA CGM, one of the world's biggest container lines, reported on Friday a $701 million net profit for last year, confirming its turnaround after a shipping downturn in 2016 when it suffered a $452 million loss. "We are rather optimistic about 2018, despite the geopolitical problems," Chairman and CEO Rodolphe Saade told Reuters by telephone.


CEVA Again "Logistics Co. of the Year"

CEVA Logistics, one of the world's leading supply chain companies, has been named Logistics Company of the Year in Italy for the fifth time by Assologistica, the leading Italian association of logistics companies. This year's award was given in recognition of CEVA's TechCity - a logistics hub dedicated to the warehousing, handling and cross-docking of products for the electronics sector - which was opened in June 2014. TechCity covers an area of 90,000 sq m and is strategically-located in Pognano, in the province of Bergamo.

Russian Gas Discounts Undermine Italy's Quest For New Routes

U.S. As Europe looks to wriggle free of Russia's energy grip, state-backed exporter Gazprom is working to convince Italy to stay the course with offers of cheap gas, potentially locking out rival supply from North Africa, the Caspian Sea and shipped LNG. The race to ring-fence European gas markets from rising competition has led Gazprom to drop its dogged defence of oil-linked gas deals and prompted a spree of price cuts, the latest of which went to Italy's Eni. "Gazprom, dead set on getting its South Stream gas pipeline project (to Europe) off the ground…


Panama Sues Italy for Vessel Arrest, Detention

Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994 until 1998 the MV Norstar was involved in supplying gasoil to mega yachts in international waters beyond the territorial seas of Italy, France and Spain. The application further states that the MV Norstar was arrested in the bay of Palma de Mallorca on 24 September 1998 by Spanish officials…

Prime Minister Matteo Renzi Photo MatteoRenzi website

Italians Go to polls for Drilling Referendum

Italy went to the polls on Sunday for a referendum on off-shore oil and gas drilling rights, a complex issue that the government hopes voters will shun. For the ballot to be valid, more than 50 percent of the Italian electorate must vote and Prime Minister Matteo Renzi has urged people to stay away, saying that the referendum is unnecessary and might end up hurting the economy. It would be a blow to Renzi if substantial numbers did turn out, suggesting voters were ready to snub him just weeks before major local elections. But opinion polls have indicated that a quorum will not be reached.


La Spezia CT Wraps up Asian Tour

Senior executives from Italy’s La Spezia Container Terminal - Contship Italia Group, wrapped up a whirlwind tour of key supply chain hubs in South East Asia and China this week with a presentation and networking event in Shanghai. The purpose of the tour was to engage with logistics providers, freight forwarders and manufacturers to raise awareness and promote the benefits of La Spezia Homeport as the cargo gateway to Italy, Southern and Central Europe. "We have emerged from this tour…

Image by APM Terminals Vado Ligure Spa

APMT Purchases Italian Reefer Terminal Vado Ligure

APM Terminals (APMT) has purchased Vado Ligure Reefer Terminal in North-Western Italy, near Genoa, from the GF Group. Reefer Terminal has been the largest refrigerated terminal in the Mediterranean for more than 30 years, handles 600,000 pallets a year as well as 275,000 teu. The terms and the price of the deal were not disclosed. Located on Italy’s northwest Ligurian Coast, Vado Reefer Terminal represents an annual throughout capacity of 275,000 TEUs, with 510 reefer plugs, a depth of 14.5 meters…

'Costa Concordia': Italy's Casualty Report Still Overdue

The Board of Directors of the International Chamber of Shipping (ICS) regret Italy has not submitted its findings to IMO. ICS, representing all sectors and trades and over 80% of the world's merchant fleet recently met in London. The issues that ICS members considered included: frustration with the failure of Italy to submit a full maritime casualty report to the International Maritime Organization (IMO) following the ‘Costa Concordia’ cruise ship tragedy which occurred over a year ago…

Italy Rescues 1,800 Refugees, Five Bodies Recovered

Italy's navy said it rescued nearly 1,800 migrants in overcrowded boats in the Mediterranean over the weekend, and a merchant ship recovered five bodies from a sinking rubber raft off the coast of Libya. Calmer summer seas have led to a surge in people trying to reach Italy from North Africa. Italy has picked up more than 70,000 migrants so far this year in its search-and-rescue mission, called "Mare Nostrum" or "Our Sea". The number of dead is also rising. At the start of July…

Photo: APM Terminals

APM Terminals Vado Aims to be Gateway to Central Europe

APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers - and our landside customers – the importers, exporters and truckers - to help them do more business by tapping into the 70 million-member consumer market of northern Italy, southern Germany, Switzerland, Austria and eastern France within an eight hour proximity of our port," he said.

'Costa Concordia' Disaster Lawsuits Filed in US Courts

Despite legal obstacles that might force them to sue in Italy litigants seek damages from Miami-based Carnival Corp. in US courts. The lawsuits filed in both federal and state courts contend that Carnival is the corporate parent of the Costa brand, which operated the vessel, and is ultimately responsible for any safety violations, negligence or recklessness that may have led to the Jan. 13 accident that claimed 32 lives, reports 'The Washington Post'. Investigators say the ship rammed a reef while passing too close to Giglio Island, off Italy’s Tuscan coast.

Schat-Harding Expands into Italy

Schat-Harding is expanding its global service network with a new Italian office and service station in Livorno. It will be a branch office of USH Spain and will be managed by Enrico Venezia, who has experience with lifeboat servicing, and has until recently been based in Miami servicing cruise vessels. "There is a very strong base of Italian owners who are safety conscious, and of course the Italian ports get a lot of cruise calls," explains David Bradley, Executive Vice-President and head of Schat-Harding's service division. Umoe Schat-Harding S.L.

 Monfalcone Shipyard. (Photo Courtesy FINCANTIERI)

Italian Shipbuilding: Cruising on the Crest of a Wave

Traditionally, Italy’s location and coastal development have continued to ensure the country a flow of income from its role as a strategic European hub in what has come to be known as the new “maritime century.” The country boasts of having the largest ferry fleet, the twelfth most extensive merchant shipping fleet in the world (fourth in Europe), and the third biggest European fishing fleet, with the national maritime cluster generating 3% of GDP. But its growing cruise industry is being looked upon as the game changer to the gradual slump being witnessed in the other sectors.

Photo: L.G.R. di Navigazione S.p.A

WFW Advises BPM on Navigazione Refinancing

International law firm Watson Farley & Williams (WFW) advised Banca Popolare di Milano S.p.A. (BPM) regarding a US$28.8m loan facility granted to L.G.R. di Navigazione and secured by, inter alia, mortgages over two medium range ice class tankers, the “Cenito” and “Posillipo”. Founded in 1865 by future Italian Prime Minister Luigi Luzzatti, BPM was Italy’s second co-operative bank. It merged with Banco Populare on 1 January 2017, to form Banco BPM, Italy’s third largest retail and corporate banking conglomerate. Naples-headquartered L.G.R.

Francesco Maria di Majo is Counsel in the corporate group, based in Rome Photo WFW

Majo Appointed President of Civitavecchia, Gaeta and Fiumicino Port Authority

International law firm Watson Farley & Williams (“WFW“) is delighted to announce that Rome corporate Counsel Francesco Maria di Majo has been appointed president of the prestigious Port Authority of Civitavecchia, Gaeta and Fiumicino (Lazio Region, Italy). The appointment was confirmed today by Minister of Infrastructure and Transport Mr Graziano Delrio, following approval from the Italian Chamber of Deputies’ Transport Commission on 15 November 2016. The Port Authority of Civitavecchia…

Vado Ligure Reefer Terminal to be upgraded, and operated as a single unit with the new deep-water semi-automated container terminal scheduled for completion in January 2018

APM Terminals Acquires Reefer Terminal S.p.A.

APM Terminals and GF Group are pleased to announce the acquisition of 100% of Reefer Terminal S.p.A. by APM Terminals has been completed today. Terms and price were not disclosed. Reefer Terminal, the largest refrigerated terminal in the Mediterranean for more than thirty years handling 600,000 pallets per year, is also a world-class terminal for the handling of containers (275,000 TEU, 510 reefer plugs, 14.5 meter depth and 465 meter of quay) and general cargo. APM Terminals…

Smoke rises from an oil tank fire in Es Sider port. A fire at an oil storage tank at Libya's Es Sider port has spread to two more tanks after a rocket hit the country's biggest terminal during clashes between forces allied to competing governments.

Italy's Help Sought to Extinguish Fire at Oil Port

Libya has called on Italy to send firefighters to prevent a fire spreading out of control at Es Sider, the country's biggest oil port, officials said on Saturday. A rocket hit an oil storage tank last week at the port in the east of the country during clashes between forces allied to Libya's competing governments. Ali al-Hassi, spokesman for a security force allied to the internationally-recognised government, said the fire had spread to a total of five oil tanks. "We are trying to extinguish it but our capacities are limited," he said.

Cecilia Battistello

Italy's LSCT Executives Tour Asian Logistics Hubs

In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport as the gateway to Northern Italy and its main cargo corridors. La Spezia is promoting the concept that La Spezia Container Terminal is a viable alternative for southern and central Europe for leading players in the region's supply chain sector.

The Ezadeen

2nd 'Ghost Ship' Rescue Prompts EU Pledge on Migrants

A cargo ship abandoned by its crew with 359 Syrian refugees on board was towed ashore in Italy on Saturday in the second such rescue this week, prompting calls for stronger European Union action in the face of new tactics by human traffickers. The Ezadeen, a Sierra-Leone-flagged vessel that had set sail from Turkey, docked in the southern Italian port of Corigliano Calabro. The passengers, including 62 minors, were in good condition and were being transferred to immigration centres and foster homes across Italy, coastguard and police officials said.

This Day in Naval History – Jan. 22

1800 - CAPT Thomas Tingey ordered to duty as first Superintendent of the Washington Navy Yard 1944 - Operation Shingle, Allied landing at Anzio, Italy (Source: Navy News Service)  

This Day in Naval History – Jan. 21

1800 - CAPT Thomas Tingey ordered to duty as first Superintendent of the Washington Navy Yard 1944 - Operation Shingle, Allied landing at Anzio, Italy (Source: Navy News Service)

Claudio Descalzi (Courtesy Eni)

Eni's New Head Caught between Russia and New Frontiers

Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni - guaranteeing Italy's gas supply by nurturing relations with Russia, while exploring new drilling frontiers in Africa and Asia to boost profit. The Italian government's choice of Descalzi, a longtime oil man with more than 30 years experience at the group, gives Eni a leader who is likely to push forward his predecessor Paolo Scaroni's efforts to focus the company on its nuts and bolts business of finding and mining new oil and gas fields.

Photo courtesy Fincantieri

Fincantieri Files for Milan IPO

Italy's Fincantieri said on Tuesday it had filed a request to list its shares on the Milan bourse, as state lender Cassa Depositi e Prestiti (CDP) moves to offer private investors a minority stake in the ship building company. The disposal of Fincantieri - wholly owned by CDP, which in turn is controlled by Italy's treasury - is part of a new wave of privatisations the Rome government announced at the end of last year. Banca IMI, Credit Suisse, JPMorgan, Morgan Stanley and UniCredit CIB are global coordinators of the offering.

ACP Touts Major Milestone - Arrival of New Gates for Canal Expansion

The first four new gates for the Panama Canal’s Third Set of Locks will be arriving to Panama from Italy on August 19th; one of the biggest milestones of the Expansion Program. The Third Set of Locks has a total of 16 rolling gates (eight for each new lock complex).The new gates weigh an average of 3,300 tons each. They were constructed in Italy by subcontractor Cimolai SpA. They will be unloaded in the Atlantic side of the Canal and rolled off the ship onto a special reception dock.

Fincantieri & Technip JV for Offshore Market

Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets. The agreement was signed by Marco Villa, CEO of Technip Italy S.p.A. and by Giuseppe Bono, CEO of Fincantieri. This agreement follows the existing collaboration between the two companies which are bidding for the construction of a platform to be located offshore Sicily. This would represent an important opportunity for employment development in Sicily…