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Independent journal on economy and transport policy
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BRIEFS
July 2, 1999
Sched Netweb site
  • HKSLA offers advice on container cons
  • Hyundai opens Pusan terminal
  • Stinnes takes over former DSR routes
  • Thai-Europe freight rates stabilise
  • Vietnam in $4.5b port overhaul
  • Hapag-Lloyd undergoes restructuring
  • Won withdraws from Anera opt-out case
  • Airlines withdraw SAA bids
  • Call for PAL assets sale
  • Delta applies for Lyon route
  • Airlines clamour for LOT
  • United reshuffles management
  • Air France prepares for peak season

Cargowebweb site
JULY 1, 1999
  • Hankook Tires will build distripark in Rotterdam
  • 'German takeover NS Cargo is monopolization'
  • Mont Blanc disaster victim lodges complaint
  • Concentration in inland shipping

Cyber Shipping Guide - Ocean Commerceweb site
  • Sinokor Set to Make Debut in Japan/Korea Trade
  • P&O Ports Acquires US Terminal Operator
  • Cargo Community System Japan Set Afloat
  • FDX Corp Reports 25% Growth in Profit

urgente online pressweb site
  • La Autoridad Portuaria de Las Palmas plantea el hundimiento del buque Archangelos
  • Curso de Internet en el Transcantábrico de Feve
  • KLM Cargo transportará perecederos refrigerados de Sudáfrica y Sudamérica
  • Chronopost vende al Correo de Brasil su tecnología de seguimiento de envíos
  • Iberia vuela a la ciudad italiana de Bolonia
  • Crossair renovará flota con la firma brasileña Embraer

Exim Indiaweb site
  • Filling of Excise Refund application after 6 months from the date of exports - T.N.C. Rajagopalan
  • TA & NZOL merger complete Tasman Orient Line is born
  • NTPC to invest Rs 500 cr in Pipavav LNG unit
  • NSCSA commences JNP-US East Coast service
  • Andhra CM inaugurates Apparel Export Park near Hyderabad
  • Concor pays final dividend of 25 pc
  • ITPO to hold Catalogue Show in Mauritius
  • Cabinet clears ministry plan to join coffee body
  • Promising global factors for leather export boost
  • Cargo handling in Major Ports spurts by 6.6 pc
  • Imports from 134 developing nations exempted from safeguard duty
  • Vallarpadam box terminal MoU likely in August
  • Packaged software market logs 14 pc growth
  • RITES moots ports funding body
  • Exports spurt by 12 per cent in May
  • Wheat exports hinge on good production: Sompal
  • Safeguard duty slapped on phenol imports

The Bunker Bulletinweb site
JULY 1, 1999
  • NWE bunkers: Back to the 90s
  • Mediterranean markets: Tight avails in the East, improving in the West
  • Asian markets: All bets are off
  • Crude rallies to new record
  • New mobile numbers for Clarksons

Marine Logweb site
JULY 1, 1999
  • Lloyd's Register offers classification for naval vessels
    Lloyd's Register has now developed new rules for the design, construction and maintenance of naval ships . The rules have been developed over the last two years in close cooperation with the UK Ministry of Defense, DERA (Defense Evaluation and Research Agency), naval shipbuilders and the defense industry.
  • Planned OMI venture with Heidmar falls apart
    OMI Corporation , Osprey Maritime Limited and their joint venture marketing pool company International Product Carriers Limited (IPC), and Heidenreich Marine Ltd. ("Heidmar") say they have been able to agree terms for IPC to combine with OMI-Heidmar Shipping LLC ("OMI-Heidmar"), OMI and Heidmar's joint venture in Singapore.
  • Ingalls inching into Hawaii ship repair market
    Ingalls will be assisting local repairers in a package of repairs in Pearl Harbor that includes the S.S. Independence. It could be the prelude to a much larger Hawaiian involvement by the Litton subsidiary.

Il Sole 24 Ore On Lineweb site
  • Il presidente dell'Assindustria Riccardo Garrone contro il Piano regolatore
    No delle imprese al nuovo porto
    Secondo l'associazione si tratta di un progetto che non affronta i nodi dello sviluppo dell'economia locale
  • Ma l'Autorità replica: «È una scelta molto innovativa»
  • Napoli, crolla la barriera scalo-città
  • E anche l'interporto è meno lontano

Lloyd's Listweb site
  • Ashcroft bails out of Belize registry
    BILLIONAIRE businessman Michael Ashcroft - a major financial backer of Britain's opposition Conservative Party - has sold his 50% interest in the Belize register, widely regarded as one of the world's worst flags of convenience. The registry yesterday said it did not know who now owned it, and as long as its operations remained unaffected, it was not concerned. While the sale is officially described as a straightforward business decision, it may flow from the increasing political pressure on Mr Ashcroft since Lloyd's List revealed his link to the flag last year. Deputy prime minister John Prescott publicly attacked the Belize registry as "buccaneers" at a meeting at the United Nations in April. Now Labour MP Peter Bradley has written to the Foreign Office, alleging that ministers in the last Conservative government applied pressure on the Belize government to maintain a 30-year tax holiday for Mr Ashcroft's interests in the country. Mr Ashcroft is treasurer of the Conservative Party, and is believed to have donated '8m ($12.8m) to the Tory cause in recent years. His company, Carlisle Holding, has announced the sale of its non-core investments in Central America and the Caribbean. Total sales proceeds, including assumed debt, amount to $29m. Disposals include a 50% stake in Belize International Services, the company which owns the Belize register - known as Immarbe - on behalf of the government. Asked the identity of the purchaser, Richard Haas, the senior official present at Immarbe's office in Belize City yesterday, replied: "I do not know." Contending that ownership has no impact on operational matters, he added that it did not matter and he was not personally concerned. He believed, but could not confirm, that Panamanian company Morgan and Morgan has maintained its existing 50% stake. Mr Haas is both technical advisor to the flag and its representative at the International Maritime Organisation. Asked about Belize having the worst detention record in Tokyo memorandum states, he professed to being "embarrassed". "I am not going to tell you our ships are pristine clean. They are not," he admitted. "I have got some bad dudes who are not doing what they should be, and I resent them for it." However, he believed the statistics were "tainted" and that Japanese officials picked on Belize ships, sometimes detaining them for trivialities. As part of a drive to raise standards, some 80 vessels had been fined between $1,000 and $50,000. A survey company had been successively fined $15,000, $15,000 again and then $20,000, and was finally derecognised. Mark Dickinson, assistant general secretary of the International Transport Workers' Federation, which campaigns against flags of convenience, said: "It is astonishing that Mr Haas appears not to care who owns the registry. Presumably, they pay his wages. "Belize is a flag of convenience with a terrible fleet. What about the crew members who lose out when things go wrong?" Mr Ashcroft was not available for comment yesterday.
  • Rates pressure forces Transroll out of Europe-Latin America service
    Brazil'S Transroll Navegacao, the last of the domestically-owned lines on deepsea container trades, yesterday succumbed to the pressure of falling rates and imbalanced trades by announcing that it was pulling out of the east coast South America to Europe market.
  • ALM disappointed at FSA plan for Lloyd's
    The Association of Lloyd's Members expressed disappointment yesterday at the extent of the supervision of Lloyd's that would remain with the Council of Lloyd's under plans outlined by the Financial Services Authority on Wednesday.
  • Preussag approves structure changes
    THE supervisory board of the conglomerate Preussag, based in Hanover, yesterday approved the bundling of the group's logistics activities within Hapag-Lloyd.
  • Component makers attack Korea yard sanctions move
    GERMAN ship component makers and shipyard suppliers have come out against any European sanctions against South Korea over alleged dumping practices in shipbuilding, their association Verband Deutscher Maschinen und Anlagenbau said yesterday.
  • Cunard cuts prices by 20%
    Cunard Line has reduced its cruise fares by 20% for next year after a pricing review by its parent Carnival.
  • Paniguan reaffirms support for safety and technical excellence
    MEMBERS of the Oil Companies International Forum have elected Richard Paniguan, a vice-chairman of the organisation and chief executive of BP Amoco Shipping, to be its chairman.
  • Master fined over forged certificate
    A SEAFARER has been fined '1,000 ($1,600) after using a forged British deck officer's certificate to obtain a Barbadian master's licence.

Fairplayweb site
JULY 1, 1999
  • Bulker sinks after collision with VLCC
  • Olsen voters sink share issue and tanker purchase
  • Six new vessels for Grimaldi Group Naples
  • Montanari shares but no more cash for Skaugen
  • New incentive for Australian shipbuilders
  • Danish owner may sue government over duty free
  • Barcelona hands over cruise terminals
  • Malta Freeport posts profit and passes 1M TEU
  • Capespan upgrades South African facilities
  • RBI okays LNG carrier charter rate
  • LR launches naval ship rules
  • MOU for Vallarpadam terminal in August
  • China focuses on steel industry economies
  • Holiday port upgrade for Philippines island

The Journal of Commerceweb site
Home
  • Remote filing wins admirers
  • Quartel's departure signals prospects for compromise
  • FedEx, UPS tapping international profit
  • Deadline passes, but talks continue into the night on West Coast waterfront labor pact
  • Manugistics names Andersen Consulting's Terrance Austin executive vice president
  • Canada appoints mediators to avert strike at Air Canada
  • Amtrak settles discrimination suit filed by black managers
  • J.D. Edwards and SynQuest to make new supply chain software product
  • RailAmerica's Chilean rail subsidiary wins $33 million shipper contract
  • Drug store chain Duane Reade gets new head of logistics
Transportation
  • Tomcats targets buyers of stolen goods
  • Cargo theft: business' unreported crime
  • NS, CSX say problems seem to be easing
  • Finland plans to expand airport, create port as it improves transport links with neighbors
  • AEI bundles Net capabilities on its Web site for customers
  • Emons shareholders approve recapitalization of stock
  • US bank asks Manila agency to sell carrier's non-core assets
  • TNT signs pact with Ford, Mazda
  • German, Dutch expect freight merger in 2000
  • Open-skies negotiations are postponed
  • Indian unit won't expand services until regulatory climate changes
Maritime
  • Hamburg-Sud subsidiary buys Brazil-Europe service
  • BLG reports cargo on rise in Bremen, Bremerhaven
  • PSA adds Portuguese port to global operations
  • DCL to pay $800,000 fine

The Journal of Commerceweb site
Home
  • Remote filing wins admirers
  • Quartel's departure signals prospects for compromise
  • FedEx, UPS tapping international profit
  • Deadline passes, but talks continue into the night on West Coast waterfront labor pact
  • Manugistics names Andersen Consulting's Terrance Austin executive vice president
  • Canada appoints mediators to avert strike at Air Canada
  • Amtrak settles discrimination suit filed by black managers
  • J.D. Edwards and SynQuest to make new supply chain software product
  • RailAmerica's Chilean rail subsidiary wins $33 million shipper contract
  • Drug store chain Duane Reade gets new head of logistics
Transportation
  • Tomcats targets buyers of stolen goods
  • Cargo theft: business' unreported crime
  • NS, CSX say problems seem to be easing
  • Finland plans to expand airport, create port as it improves transport links with neighbors
  • AEI bundles Net capabilities on its Web site for customers
  • Emons shareholders approve recapitalization of stock
  • US bank asks Manila agency to sell carrier's non-core assets
  • TNT signs pact with Ford, Mazda
  • German, Dutch expect freight merger in 2000
  • Open-skies negotiations are postponed
  • Indian unit won't expand services until regulatory climate changes
Maritime
  • Hamburg-Sud subsidiary buys Brazil-Europe service
  • BLG reports cargo on rise in Bremen, Bremerhaven
  • PSA adds Portuguese port to global operations
  • DCL to pay $800,000 fine

The Journal of Commerceweb site
Home
  • Remote filing wins admirers
  • Quartel's departure signals prospects for compromise
  • FedEx, UPS tapping international profit
  • Deadline passes, but talks continue into the night on West Coast waterfront labor pact
  • Manugistics names Andersen Consulting's Terrance Austin executive vice president
  • Canada appoints mediators to avert strike at Air Canada
  • Amtrak settles discrimination suit filed by black managers
  • J.D. Edwards and SynQuest to make new supply chain software product
  • RailAmerica's Chilean rail subsidiary wins $33 million shipper contract
  • Drug store chain Duane Reade gets new head of logistics
Transportation
  • Tomcats targets buyers of stolen goods
  • Cargo theft: business' unreported crime
  • NS, CSX say problems seem to be easing
  • Finland plans to expand airport, create port as it improves transport links with neighbors
  • AEI bundles Net capabilities on its Web site for customers
  • Emons shareholders approve recapitalization of stock
  • US bank asks Manila agency to sell carrier's non-core assets
  • TNT signs pact with Ford, Mazda
  • German, Dutch expect freight merger in 2000
  • Open-skies negotiations are postponed
  • Indian unit won't expand services until regulatory climate changes
Maritime
  • Hamburg-Sud subsidiary buys Brazil-Europe service
  • BLG reports cargo on rise in Bremen, Bremerhaven
  • PSA adds Portuguese port to global operations
  • DCL to pay $800,000 fine

Antwerpse Lloyd n.v.web site
  • Aliança reprend le service de Transroll entre l'Amérique du Sud et l'Europe
    La compagnie maritime Transroll Navegaçao a informé ses agents européens qu'elle a vendu ses activités de ligne sur la liaison entre l'Europe et la côte Est de l'Amérique du Sud à Aliança Maritima. Les deux armements brésiliens collaboraient sur cette route dans le cadre d'un consortium comprenant également CGM et Hamburg Süd (Aliança et Hamburg Süd font partie du même groupe allemand Oetker). Aliança renforce ainsi sa position, sous pavillon national, sur la relation Europe/Amérique du Sud. Le nom "Transroll" ne disparaît pas pour autant de la scène européenne. Aliança devrait poursuivre les activités reprises sous la dénomination commerciale de "Transroll International" et avec une organisation commerciale séparée.
  • Le groupe australien BHP prend une participation dans Cobam
    Le groupe d'exploitation minière australien BHP (Broken Hill Proprietary Company Ltd) a décidé de prendre une participation de 50% dans l'entreprise maritime belge Cobam, qui est active dans l'exploitation de navires, le chartering et l'affrétement. Cobam est une filiale à part entière de Cobelfret depuis 1993, lorsque ce groupe avait repris la participation de 50% de l'entreprise néerlandaise Hoogovens.
  • Brucargo Express a été vendu à Press Cargo
    La filiale belge du groupe néerlandais de transport routier de fret aérien Rutges, Brucargo Express, a été vendue hier jeudi au groupe espagnol Press Cargo. Celui-ci a déjà une filiale en Belgique, sur le site de Brucargo, à savoir Press Cargo Belgium. Les deux entreprises demeureront séparées, mais sont appelées à collaborer. Le montant de la transaction n'a pas été révélé.
  • Les résultats de Kombiverkehr sont meilleurs sur les axes internationaux que nationaux
    Les résultats du dernier exercice de Kombiverkehr sont moyens. Une croissance de volume d'un pour cent et demi, une augmentation du CA d'un pour cent... selon le porte-parole, ce sont là "les résultats d'une faible conjoncture et de la surcapacité dans le transport routier".

Marine Linkweb site
JULY 1, 1999
  • Aalborg Buys Marine Boilermaker
  • R&B Falcon Barge Destroyed
  • Score One For The Crews
  • OMI Wants Out
  • Oil Rallies

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

TradeWindsweb site
  • Rebound turns to Mini-boom
    SHIPYARDS are enjoying an orders mini-boom as owners seek to tie-up contracts before the summer vacation. Some yards are being swamped with enquiries as many owners seem to have reached the conclusion that newbuilding prices will increase. The likes of Moller, Gestion, Cosco and Mitsui are among those in talks.
  • Ofer buys ships across the board
  • Brothers part ways
  • Greek in a comeback
  • No tally-ho for Ta-Ho
  • Changing alliances
  • It's 300,000 tons of fun
  • New salvage agreement
  • Casualties

›››File
FROM THE HOME PAGE
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
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
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
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
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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