Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end.Snam, which is controlled by the Italian government, said in a statement it had exercised its pre-emption right to increase its stake in the infrastructure dubbed Adriatic LNG to 30% from 7…
Liebherr Container Cranes Ltd. announced it has delivered four electric rubber tire gantry cranes (ERTG) to customers in Italy. One ERTG has been delivered to Salerno Container Terminal (SCT), controlled by Gallozzi Group, while three have been delivered to Consorzio Napoletano Terminal Containers…
Despite Rome's scepticism, China's Foreign Minister Wang Yi said cooperation with Italy under the Beijing-led Belt and Road initiative had been fruitful, with high-quality Italian products having entered 'thousands of households' in China.'The…
The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday.The terminal will make available…
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…
German container liner Hapag-Lloyd on Thursday announced it has completed its acquisition of a minority stake in Italy-based logistics company the Spinelli Group as global shipping firms continue to expand their port presence amid prolonged supply chain disruption…
Greece's privatizations agency on Thursday named an Italian-led consortium as preferred bidder in the sale of a majority stake in the port of Igoumenitsa.Italy's Grimaldi Euromed with Greece's Minoan Lines and Investment Construction Commercial…
Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia…
Classification society ClassNK announced it has opened a new exclusive surveyor office in Rome, Italy with operations beginning August 1, 2022.ClassNK said it has opened its newest office, located at the center Italian Peninsula, in response…
Carnival Cruise Line, also known as America’s Cruise Line, is teaming up with Italy's cruise line Costa Cruises, its sister company, to create a new concept for Carnival’s North American guests when Costa Venezia cruise ship joins the Carnival fleet sailing from New York in the spring of 2023…
Terminal San Giorgio S.r.l. (TSG) has ordered an eco-efficient Konecranes Gottwald ESP.8 Mobile Harbor Crane for its terminal in Genoa, Italy. Booked in November 2021, it is the very first Generation 6 crane to go to Italy. It will be delivered in June 2022…
Italian shipbuilder Fincantieri has cut first steel for the first of two LNG-powered cruise ships being built for Princess Cruises, a Carnival Corporation brand.The steel cutting ceremony took place last week in San Giorgio di Nogaro (Udine) at Centro Servizi Navali…
Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus…
Passengers who have tickets to travel back to their home countries will be allowed to disembark from the coronavirus-hit Costa Luminosa cruise ship in Marseille, the port authority and the cruise operator said on Thursday.A port official told Reuters that 639 passengers…
Fincantieri risks an EU antitrust veto against its bid for Chantiers de l'Atlantique because of the difficulty of addressing regulators' concerns, people familiar with the matter said, in what would be a setback to Italy's industrial ambitions…