rss icon Subscribe
desktop mobile

Italy Police Search Shipbuilding Firms Linked to Fincantieri

File Image: Fincantieri

Italian finance police searched offices of several companies working for state-controlled shipbuilder Fincantieri, as part of an investigation into suspected corruption, fraud and worker exploitation, the prosecutor's office in Venice said on Wednesday.

The prosecutor added in a statement that 34 people were under investigation for alleged "systematic exploitation" of foreign workers - mainly from Bangladesh and Albania - in shipyards in the port city of Marghera, close to Venice, working on orders for Fincantieri.

The searches involved 19 different companies in seven different Italian regions and 12 Fincantieri managers, the statement said, without specifying whether the executives were under investigation.

Fincantieri was not immediately available for comment.

Reporting by Riccardo Bastianello

Nov 6, 2019

 

Legal

REGULATORY REVIEW: Subchapter M

Image Credit: (Captain) Pat Folan

One Year In: Industry SME (Captain) Pat Folan weighs in from the front lines.It has been an

Fuel Market Calm ahead of IMO Changeover

AdobeStock / © 14KT Gold

Fears about a shortage of diesel and other middle distillates stemming from new marine pollution

U.S. Assures Banks on COSCO Shipping Sanction Rules

AdobeStock / © Jose Gill

The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S.

Shipbuilding

First Jones Act SOV Gets ABS Nod

(Image: VARD)

Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for

Grieg Star Adds Newbuild to Fleet

Star Gaia. Image: Grieg Star

Norwegean shipping company Grieg Star has taken the 64,000 DWT Star Gaia on a long term tariff

Meyer Turku Delivers Costa Smeralda

Image: Costa Cruises

Finish shipbuilder Meyer Turku delivered liquefied natural gas (LNG)-fuelled Costa Smeralda to its

Maritime Apps