Towage News – Rimorchiatori Sardi preparing to be sold to MSC – May 2024

After the transfer of the two ropax SHARDEN and MOBY VINCI to MSC, which both ships had collisions with Grandi Navi Veloci (GNV) ropax ships another department of the Moby group is preparing to leave for Geneva, in settlement of the loan of 315 million euros which allowed the Onorato family group to emerge from […]
Yachting – Saudi Superyacht SARAFSA dispute Pits Credit Suisse Against Gulf Prince – January 2022

A Swiss bank is pursuing a Saudi prince in court over claims he failed to pay back millions in interest and loans he took out to refinance his English mansion and his superyacht – SARAFSA. Credit Suisse Group AG claims that Prince Fahad Bin Sultan, the governor of Saudi Arabia’s Tabuk province, failed to repay roughly $78million […]