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Editor in chief: Angelo Scorza
19/06/17 10:35

A dark 2017 at Moby and Tirrenia

First Quarter profit will drop due to higher costs and soaring competition. The company will need to renegotiate a restructuring plan with the Banks

12/06/17 09:34

Italy will be hard-nosed over STX France affair

According to Minister of Economy Calenda, former agreement negotiated with President Hollande is still effective. CDP's commitment might sort out the problem although the conundrum on MSC and Royal Caribbean still exists

12/06/17 09:40

Green light on Petrolifera Tankers' rescue

Essential clause within the debt restructuring plan of the Turkish-Genoese company is the sale of tanker FT Odin: 80% waiver granted by Banks and Furtrans commitment will prevent bankruptcy procedure filed by Equitalia

12/06/17 09:42

Last call from Berne to save the Swiss merchant marine fleet

After the failure of Enzian-SCT-SCL group, the Swiss Federal Council decided to terminate the well-established funding instrument to facilitate the financing of Swiss owned and registered cargo vessels by issuing government guarantees, but now has a heavy burden