Istanbul hit by spill as Russian tanker breaks up AN AGEING Russian tanker broke up after running aground in the Sea of Marmara yesterday, causing an oil spill that afflicted residential areas of Istanbul.
Zurich bid rumours fuel Royal & SunAlliance SHARES in composite insurer Royal & SunAlliance leapt 11% on the London stock exchange yesterday following reports of an impending $11.3bn takeover bid from the vigorous Swiss group Zurich Financial Services.
Ocean Marine acts on calls AN EXTRAORDINARY meeting has been called by the board of Ocean Marine Mutual Insurance Association (Europe) to consider what action to take over the resistance of some shipowners to paying cash calls.
Arrested head of ABC Containers is released AN Antwerp court has confirmed the freeing of Tsvi Rosenfeld, the boss of ABC Containers, the Antwerp-based line which went bankrupt earlier this decade, said a spokeswoman for the city prosecutor's office, writes Nigel Tutt.
MSC cruise fleet joins Italian flag Mediterranean Shipping Cruises (MSC Cruise) is to re-flag its fleet to Italy following the decision to allow all financial benefits arising from registration on the Italian second register to apply to cruiseships as well as cargo vessels.
CMA CGM Matisse The 31,000 dwt CMA CGM Matisse is pictured at the port of Le Havre yesterday during her maiden voyage. The vessel, which has a capacity of 2,226 teu, is deployed in the round-the-world service operated by CMA-CGM along with Contship and Marfret. She was built this year by China Shipbuilding in Kaohsiung.
Shares deal boost for Pacific Ports NEW World Infrastructure, the Hong Kong development company, is looking to restructure its port and container terminal shareholdings.
OOCL Belgium crew THE condition of three crew from the OOCL Belgium (pictured) who were airlifted to hospital on Christmas Eve after sustaining serious injuries when the ship was caught in exceptionally heavy seas was described yesterday as stable, writes Janet Porter.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher