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Toninelli: the Third Pass cannot that to go ahead
The total of the costs of the recess - the minister explains - would pile to about 1,2 billion euros of money publics
December 13, 2018

The Third Pass cannot that to go ahead. He has announced today the minister to Infrastructures and to the Transports, Danilo Toninelli, commenting the outcomes of the appraisals on the new railway line Alta Velocità/Alta Capacità of the Third Pass of Benefits, along the Milan-Genoa axis, that they are profitable famous today and that they are carried out by the experts of the Technical Structure of Mission of the MIT. A prosieguo of the project and its realization to which Toninelli it has been resigned specifying that it is a decision tied to the burdens to which encounter would be gone interrupting the work: "the total of the costs of the recess - the minister has explained - would pile to about a billion and 200 million euros of money publics".

Emphasizing that of the Third Valid one is "one of the many poisoned dossiers that they have left the professionals us of politics", Toninelli has evidenced that the government has faced it without prejudices having decided to carry out "a serious one, rigorously and finally objective analysis cost-benefits", analysis - it has specified - than "is not vezzo or a trick in order to take time, but the only reliable method for giving transparency and scientifically supporting the public decisions in matter of investments, so to use at best the money of the citizens. The money - the minister has rimarcato - cannot be wasted, goes used well and - it has added - infrastructures fly are fundamental in order to make to share the economy".

Toninelli has remembered that the work "is uniform in six lotteries and the work would have to be completed in 2023" and that "altogether the Third Pass costs 6,2 billion, of which 1,5 billion already spold. Four lotteries on six - it has specified - are under construction. The first lottery is near 90%, other from 60% to 20%. For the fifth lottery the work is not parties, sixth must instead be still financed (for the work - the analysis remembers cost-benefits - the CIPE has approved of five constructive lotteries on six, assigning resources for 3.597 million euros)". Finding that "draft of a complex and very onerous work, entirely paid with money publics", the minister has remembered moreover that on the project "the Movement 5 Stars has placed until from its start strong doubts".

Toninelli has explained that from the analysis it costs benefits turns out that "the cost of the work to end, brought up-to-date to 30 years, would exceed the benefits for a figure of a billion and 576 million. Within this billion and means - it has clarified - there are several voices, for example the smaller revenues of highway concessionaires or 905 million euros of octrois on gasoline that would not be embedded by the Been about to one via to take it in turns modal from railroad road. Then there is the legal depositor, and the carried out analysis makes a forecast on the costs of abandonment of the work. Al billion and means already spold, for work already executed, than is not contemplated in the legal analysis, but that to that point it would be spold for nothing, it goes at least added a tenth one of the residual value of the contract: we speak therefore about 463 million to reimburse to the general contractor who is constructing the infrastructure, that is Cociv (participated to 64% from Impregilo, 31% lead water Societies and 5% Civ, ndr). We have said a tenth one at least - it has specified - because draft of a prudential esteem. Then there are the work that the general contractor entrusts to third party, since she free lance realizes the work only for 40%: here the costs, the damages and the lacked ones useful to pay could be attested on a advanced sum to a tenth one and would fall back on Italian Railway Net, therefore after all on the State. Therefore, we are at least speaking about other means billion. Remaining prudent, we are already in front of a billion of estimated costs deriving from an eventual unilateral recess contractual, to which they are added about 200 million for the restoration of the places".

The minister has emphasized that but, if the costs of the recess would turn out onerous for the cases of the State, to make to go ahead the project "he does not mean to lead it to term so as is, but to return the efficient work regarding the scopes. If we want to make up for at least partially to the damages of the past, being profitable the Third Pass a useful infrastructure from the logistic point of view and adapts to improve also the regional service on the draft parallel - it has explained - must in the first place that it indeed is very connected with Genoa: therefore, the railroads must arrive end within the port". Moreover, "it then must be profitable operating totally I unwind it retroportuale of Alexandria that moreover insists on an area of property of RFI and Mercitalia. Alexandria must be and will be the retroporto natural of Genoa because it has all the characteristics in order to become it".

"Moreover, and I hold us particularly - he has still added - we will have to make so that he is gone ahead in the work without ulterior wastes of money and in absolute safety on the plan of the protection of the nature and the landscape. The respect of the prescription of the environmental observatory could not be a optional: and I refer in particular to digestion of the asbestos and to the stop to the trucks that transport the materials of turn out of the yards. A transfer that will have to happen on iron and solo marginally on rubber. Without to forget all a series about actions to gears that I am of vital importance: the potenziamento of the regional services in order to improve the connections of the intermediate resorts with the genoese metropolitan area, the reduction of the times of travel for the passengers between Genoa and the cities of Milan and Turin, the possible doubling of From Liguria the Andora-End line and participations on the railway knot of Genoa in order to reduce the traffic on rubber".

"Who attacks and says that we are those to us of not prescinding - she has concluded Toninelli - will support now that we are betraying our spirit enviromentalist. He is not so, we we are always the same ones. We have to heart the sustainability and the interests of the citizens, not the appetites of sure lobbies or committees of transactions. For this we use the money publics with attention, in really productive way, as nobody has made never before, taking decisions, also difficult as this, in objective and finally transparent way".

In the conclusions of the appraisal of the project of the Third Pass one remembers that "the analysis cost-benefits is an internationally accepted instrument from the EU commission, the World-wide Bank and other international organizations that return the choices more transparent than investment of a public administration. In this case - the relationship specifies - the profit esteem are carried out are with reference to the cost total are with reference to the "cost to end", pairs to 4.636 million euros, in which the sum already spold it constitutes "a sunk" cost. Also in the presence of an important to pile of benefits - the document evidences - the analysis anticipates indicators of economic profit negatives, with the exception of the optimistic scene of increase of the question, that a relationship anticipates benefits/costs pairs to 1,04".

"The eventual decision not to continue the work - law still in the conclusions - would involve the loss of the sums already expenses, pairs at least 1.522 million euros, and ulterior costs of recess from contracts in being, of uncertain quantification, but estimated pairs to 1.195 million euros at least. Alle voices of legal cost, is added, in fact, the ulterior costs for dismantling of the yards and the restoration of the state of the places pre-exist to the work and of the relative mass in environmental safety. To all this it goes to join the fact that within international agreements that Italy has undersigned with the EU for the realization of the trans-European nets of the transports, IT TRY (v. Attached 1 of Regolamento EU 1315/2013), reruns the obligations of attrezzaggio of the system of control and safety of railway circulation ERTMS. The realization of the work would not involve, therefore, the opening of negotiates with the EU commission for the rivisitazione of the alignment (that is the tracing) of a Corridor of the Total Net, and would involve, also, the reimbursement partial total or of the assistance financial institution previewed for the implementation of system ERTMS on the Italian sections pertaining to the Corridor Rhine - the Alps, estimated pairs to about 27 million euros".

In the conclusions of the analysis cost-benefits of the Working group on the appraisal of the projects law that "the project of the Third Pass, also in the presence of an important to pile of benefits, anticipates profit indicators negatives, with the exception of the more optimistic scene that marginally turns out positive. In other words, the project cannot be defined useless, but too much expensive in relation to the achieved benefits and therefore it evidently determines an inefficient use of the resources”.

“The answer to the problem, that is the improvement of the fleeting connections and goods between the Po Plain and the Ligurian Sea - specific - could have been given in different and sure more efficient way: (a) with solutions of organizational and tariff type, pushing the most possible rail shipment also in the presence of short and light trains (systems for the composition of the trains in longer convoys to beyond the pass, subsidies), also in infrastructure absence new (with of the existing lines is not to congestion). In this case we would have had less benefits that if in object, but widely inferior costs of investment and therefore better relationships benefits/costs. (b) with a more careful planning of the Third Pass, also with the same functionality, avoiding phenomena of overdesign, already put in evidence in deepenings precedence. The pass tunnel could have been short, but equally effective in terms of module and heavyweight class hauled. In this case we would have had the same benefits practically, to a substantially inferior cost, and therefore in the more optimistic scenes a positive result of the analysis cost-benefits perimetrando the analysis to all the European impacts”.

In the conclusions of the Working group it is moreover specified to consider “that the current insufficient competitiveness of the port of Genoa regarding those of the Sea of the North is influenced in measure much limiting from the outage of a “plain railroad”; it can be noticed - it is observed - as already today the potentially acquisibili flows from from Liguria port of call could use of the transport on rubber that turns out to be the favorite modality of transport from the operators for a strongly majority quota all cargo handling. Much more important they appear to be factors of testified organizational and bureaucratic type as also from the difference of the necessary times to the accomplishment of the harbour operations and the customs procedures”.

“The lead analysis - it is still emphasized in the conclusions - shows as, only assuming hypotheses very favorable to the project, the obtained benefits would turn out of the same order of magnitude of the costs. This scene has, to judgment of the Working group, an elevated probability not to happen”.

The Working group concludes finding that “the decision with respect to the completion of the work depends, under the economic profile, from confronts with employs alternative of the destined resources to it. If it is not considered that of they exist of better is under the profile of the efficiency that of the fairness the realization is from considering itself opportune. In case contrary, not”.
›››News file
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SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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Copenhagen
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Jorge Serrano Martín de Vidales will replace Dario Rustico
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Podgorica
Cargoes to and from Italy dropped by -40.6%
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Naples
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Genoa
Net profit of 20.0 million euros (-3.0%)
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Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
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Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
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