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Independent journal on economy and transport policy
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BRIEFS
May 6, 2011
The Business Timesweb site
Shipping News
  • Panamax rates seen rising on grain demand
    Rates for panamax dry bulk carriers on key Asian freight routes are expected to rise next week on strong Chinese demand for US grains, shipbrokers said yesterday.
  • Baltex gets regulatory nod, will begin electronic trading soon
    The Baltic Exchange has won UK regulatory approval to run a platform for centralised electronic trading of dry freight derivatives, which will go live shortly with support from some brokers, the exchange said.

Sched Netweb site
  • Drewry: Second week-to-week gain, HK-to-LA spot rate up 8.9pc
  • CMA CGM, Maersk, Hanjin to hike Asia-Europe rates US$200-$250 per TEU
  • CSAV posts Q1 loss of US$186.4 million after Q4 loss of $7.2 million
  • Inner Mongolia to be assigned coastal tract to develop as seaport
  • Matson blames fuel, China loop costs for US$7.4 million Q1 loss
  • UK shipper lobby calls container freight derivative debate
  • Maersk starts up Seago Line to focus on intra-Europe trades
  • UK unions, railways, environmentalists oppose allowing truckers bigger trucks
  • Korean Air first quarter net profit up 14pc to US$176.6 million
  • Qatar Airways to acquire 33pc of Luxembourg's Cargolux
  • Iraqi landing fees hobble air cargo - trucks to the rescue

Exim Indiaweb site
  • Alltime Shipping firmly on growth path
  • Curbs sought on used equipment imports to ensure quality
  • Despite Pak ending bias, India in no hurry to push for PTA
  • FinMin not in favour of DEPB scheme extension
  • Global shortage boosts demand for Indian shrimp
  • Govt must provide level playing field to manufacturers: Fieo
  • Govt nod for benchmark fertiliser import price hike
  • India, Pak to run 2 extra freight trains daily
  • MMTC invites bids for importing urea, complex fertilisers
  • Morocco calls upon India to supply rice, wheat
  • Onion exports dip sharply due to bumper output, higher MEP
  • GatewayRail commences weekly train service between ICD-Ludhiana & Pipavav
  • Air India strike has marginal impact on international cargo movement; domestic operations hit
  • Govt consents to export 30,000 t sugar
  • Chairman inaugurates international training course on energy audit at JNPT

International Transport Journalweb site
MAY 5, 2011
  • Vietnam approves plan for new Long Thanh airport
    The ministry of transport in Vietnam has approved a general plan for the Long Thanh International airport (LTIA) project in Dong Nai Province (cf. ITJ Daily of 18 November 2010). J...
  • Spanish partners unveil algae-based bio-fuel production project
    The Spanish government, the national airline Iberia, the airport and air traffic control agency Aena, and the technological company AlgaEnergy, unveiled a microalgae-based biofuel ...
  • Combronde takes over Bettoli in France
    Combronde, a company that focuses strongly on traffic to/from Italy, is taking over the French enterprise Bettoli and its fleet of 35 vehicles and 40 trailers. Bettoli, an ail...
  • Transfracht boosts capacities to/from German seaports
    After the reorganisation in Austria, TFG Transfracht has boosted capacities to/from the Vienna terminal with immediate effect. The booking possibilities for export shipments from t...
  • USA: seven railway and transport companies get Transcaer award
    The USA's Transportation Community Awareness and Emergency Response (Transcaer) has recognised seven rail transport and chemical companies that are helping communities...
  • Knorr-Bremse opens HVAC facility
    Knorr-Bremse in UK has renamed Sigma Coachair's UK business as Knorr-Bremse Rail Systems (Burton) Ltd and moved its UK rail heating, ventilation and air-conditioning activities (HV...
  • Alaska Railroad reports stronger-than-anticipated revenues for 2010
    The Alaska Railroad Corporation (ARRC) has reported stronger-than-anticipated revenues for 2010, with USD 13.4 million net income on total revenues of USD 167.1 million. One key to...
  • Daimler sees truck sales jump
    Daimler AG has reported that its first-quarter profit jumped due to higher truck sales. The operating profit of the German company's trucks unit more than tripled to EUR 415 millio...
  • Alaska West Express named Alaska's safest truck fleet
    The US road haulier Alaska West Express has received the Alaska Safe Truck Fleet of the Year Award for local cartage from the Alaska Trucking Association (ATA). Alaska West Express...
  • El Al goes e-freight live
    El Al Israel Airlines is the 34th airline to join the worldwide league of e-freight live airlines that offer paper free air cargo. The airline completed its first paperless cargo s...
  • Gulf Air appoints new chief commercial officer
    Gulf Air, the national carrier of the Kingdom of Bahrain, has appointed Karim Makhlouf as chief commercial officer. Makhlouf joined Gulf Air in October 2010 as director commercial ...
  • HHLA: high-tech protecting the climate
    Hamburg-Altenwerder has the most highly automated and the most electrified container terminal in the world. Both bring considerable benefits for the environment. The need for more ...
  • OWL's Warsaw office offers shippers access to largest airport in the region
    Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, recently opened its third office in Poland. Th...
  • Port of Zeebrugge detects contaminated container from Japan
    A container that arrived at the port of Zeebrugge (Belgium) on 3 May triggered an alarm when it passed through the fixed radioactivity monitoring portals. These control facilities ...
  • DHL Express wants to sell its domestic Canadian business
    DHL is to pull out of its domestic express operations in Canada, with DHL Express concentrating on international express deliveries to and from Canada. The company has agreed to se...
  • Panalpina with solid start in 2011
    The Basel (Switzerland)-based service provider Panalpina reported strong double digit growth in profitability and volume increases in air and ocean freight in Q1/2011,...
  • BLG back on growth course again
    The Bremen-based German logistics service provider BLG is growing again after a weak fiscal 2009. When presenting BLG's results for 2010, the company's CEO, Detthold Aden, said tha...
  • Baden-Wuerttemberg new SPC member
    The German state of Baden-Wuerttemberg has joined the sponsor organization of the Short Sea Inland Waterway Promotion Center (SPC), based in Bonn. The news was recently announced b...

Marine Logweb site
MAY 5, 2011
  • Wärtsilä wins design and equipment contact for Rem LNG-fueled PSV
  • Incat Crowther designs two ferries for Russian shipyard

World Wide Shipperweb site
MAY 5, 2011
  • Delivery of Washington ferry set back by seven days
  • Oregon congressman honored with AAR environmental award
  • One day left to bid for ride on Crowley tug
  • Thomas E. Chamberlain named to Portland Port Commission
  • Mitsui constructs forklifts shielded from radiation

Lloyd's Listweb site
MAY 5, 2011
  • Jet fuel rates from Middle East to Europe skyrocket
    Shortage of available vessels for cargoes of jet fuel pushes rates well above levels seen just a couple of weeks ago
  • Dragnis charters out LR1 at 15% above benchmark
  • Tsakos books 10-year fixture for suezmax
    Tsakos Shipping has chartered out the 2011-built, 158,000 dwt suezmax Spyros K for 10 years at $23,000 per day, according to London-headquartered shipbroker Clarksons
  • Products sector set to soar, says Navios Acquisition
    Angeliki Frangou-led owner sustained by cash from VLCC fleet in early stages of offshoot tanker business
  • Owners look to cash in on global LNG boom
    Import growth of 30% to 2015 will outpace fleet growth, giving scope for higher charter rates
  • Glencore prospectus shows position as leading charterer
    Commodities giant runs a sophisticated ocean freight and logistics division, but its freight desk reported substantial losses in past two years
  • Textainer orders $500m of boxes as demand remains high
    First-quarter revenues rise 31% to $91m
  • Borrowers forced to tap new sources as Basel III kicks in
    Tougher capital rules for banks will make debt less readily available as a source of finance for shipping companies
  • D'Amico looks for improvement in second quarter
    Reports $4.8m loss but says demand is increasing
  • Freight derivatives: jury still out
    The second of a two-part series explaining how box derivative paper products work
  • Forwarder's guide to box freight derivatives
  • Clearing versus OTC trading
  • Are paper products the answer to turbulent markets?
    Opinion is split on whether derivatives could help eliminate price volatility from container trades
  • Ocean Rig secures funding for drillships
    Restructured finance deal brings Dryships subsidiary closer to gaining independence
  • Offshore boost for US links to Brazil
    Much of construction work on Bondini PSVs likely to take place in the South American country
  • Natural gas to step in to fill nuclear breach
    Governments continue to question their future nuclear commitments following the disaster in Japan
  • North Europe producers kick up sulphur fuss
    Manufacturers complain about lack of fairness in the IMO's low sulphur rules
  • Producers step in to fulfil Japan's LNG needs
    Qatar, Indonesia, Malaysia and Russia prove their ability to meet demand growth
  • Seaspan confirms further newbuilding plans
    In talks with Chinese and South Korean yards over additional vessels
  • Zeebrugge radiation alert halts containers from Yokohama
    Belgian nuclear agency discovers low-level contamination in fine dust on outside of box
  • Capital Product to merge with Crude Carriers
    Evangelos Marinakis-headed tanker companies to form diversified, eighth largest US-listed tanker fleet
  • Increase in uptake for Ireland's tonnage tax scheme
    More join in 2010 than the previous year
  • Doubt over consolidation in shipmanagement
    Wallem's Jim Nelson says mergers and moving into China are both fraught with difficulties
  • Maersk Broker Asia signs co-operation pact with Sinosure
    Agreement to develop shipping-related financial services
  • China's chains on ship finance
    With banks restrained by Basel III, China's under-regulated lease financing market may accelerate to supply funding for growth-hungry shipowners and shipyards
  • Opening the box
    Wider choice of container freight trades indices could provide greater transparency in an industry that is often hard to fathom
  • Navios Acquisition underlines faith in products market
    Angeliki Frangou-led owner sustained by cash from VLCC fleet in early stages of offshoot tanker business
  • Concern over bunker fuel quality
    DNV Petroleum Services in Singapore survey finds 94% of operators reported problems with bunker deliveries in 2010

Fairplayweb site
MAY 5, 2011
  • Seaspan misses mark
    GERRY Wang-led Seaspan today reported lower profits than expected and remained quiet about talks on newbuildings
  • Navios narrows tanker losses
    ANGELIKI Frangou's tanker venture today logged another loss but plans to exploit the improving products trade with newbuildings
  • US mulls spill liability
    SHIPOWNERS found liable for major spills in US waters would face drastic new liability limits under a US Senate proposal
  • California pilot pay proposal assailed
    A LINER group has repeated that a proposed pay raise for pilots, now approved by a state board, would staunch box sector growth in the San Francisco area
  • Evacuees reach Benghazi
    A FERRY reportedly reached rebel-held Benghazi today with about 800 Libyans and others who had been evacuated under fire from Misurata
  • New box index unveiled
    CARGO owners and liner operators in the box trades will be offered wider possibilties for freight spend and income hedging with the unveiling today of a new set of benchmark indices
  • PEMEX terminal closed
    A STORM has forced Mexican oil giant PEMEX to close an oil export terminal, but it has not affected crude cargoes to the US, Fairplay was told today
  • Koreans ratify EU accord
    SOUTH Korean parliamentarians have ratified a free-trade agreement with the EU, IHS Global Insight reported today
  • Turkey mulls fee rise for Bosporus
    TURKEY reportedly said today it might raise fees for transiting the Bosporus to encourage shipowners instead to use its planned Canal Istanbul
  • First Nord Stream gas leg completed
    NORD STREAM told Fairplay today that the first leg of its Baltic gas pipeline scheme has been finished
  • Jaccar doubles Eitzen Ethylene stake
    INVESTMENT company Jaccar plans to take up its option to double its 40% stake in Eitzen Ethylene Carriers at the end of next month, Fairplay has been told
  • BV marine revenues decline slows
    FRENCH classification society Bureau Veritas has reported a slowing in the decline of its marine revenues during the first quarter
  • Courage maintaining its purchase plan
    THE CHAIRMAN of Singapore-listed Courage Marine told Fairplay today that the drybulk carrier is still keen on fleet expansion, despite cancelling its planned Hong Kong IPO
  • Höegh seeks $200M for FSRUs
    NORWAY'S Höegh LNG has announced a private placement to raise $200M for investment in two new floating storage and regasification units
  • VLCC owners wait on holidays
    THE LONG holidays in Japan have increased VLCC owners' anxiety

The Journal of Commerceweb site
MAY 5, 2011
  • Obama Draft Plan Eyes VMT, Interstate Tolling
    The Obama administration has been floating draft language for surface transportation legislation that could lead to a tax on vehicle...
  • Wilmington's Nine-Month Box Volume Up 16 Percent
    The volume of containers handled by the Port of Wilmington, N.C. increased 16 percent year-over-year in the first nine months...
  • Freight Index Shows Slower Growth
    Growth in freight shipments and payments slowed in April, indicating constrained consumer spending and near-term slowing of the economy, the...
  • California Assembly to Vote on Port Trucker Classification
    Labor interests in California are taking the battle over the job classification of drayage truck drivers to the State Assembly...
  • Pirates Seize Ship, Damage Second Vessel
    Pirates seized a bulk cargo carrier with 24 Chinese crew members and damaged a container ship owned by Evergreen Marine's...
  • China Shipping, United Arab Enter Slot Swap Agreement
    China Shipping Container Lines and United Arab Shipping Company entered a slot swap agreement for their services operating on Asia-Europe...
  • Easter Boosts Retail Sales
    Retailers reported strong April sales that were boosted by pre-Easter sales but tempered by bad weather and signs that rising...
  • Drewry, Cleartrade Launch Global Container Rate Index
    Drewry Shipping Consultants and Cleartrade Exchange on Thursday unveiled a global index of freight rates they said can be used...
  • Pacific International Expands Trans-Pacific Service
    Pacific International Lines is expanding its China Transpacific service to connect Long Beach with ports in Australia and New Zealand....
  • Committee Considering Bill to Streamline Background Checks
    The House Homeland Security Committee on Wednesday took testimony the MODERN Security Credentials Act, which proposes that a card applicant...
  • Mica Eyeing Late May Completion Date for FAA Bill
    John Mica, R-Fla., chairman of the House Transportation and Infrastructure Committee, expressed confidence on Thursday that Congress will complete a...
  • Surface Transport Bill Drafting in Progress, Mica Says
    Congressional staff on the House Transportation and Infrastructure is making progress drafting legislative language of what could become the panel's...
  • Saia Increases Profit, Boosts Revenue 15 Percent
    Higher tonnage, shipments and pricing drove less-than-truckload carrier Saia further into the black in the first quarter, with a net...
  • Mississippi River Open for Navigation Despite Flooding
    Navigation continues as normal on portions of the flooded Mississippi River, although there will be a temporary closure of the...
  • Covenant Transportation Loses $2.5 Million
    Winter weather, low West Coast demand and rising costs contributed to a $2.5 million first quarter net loss at truckload...
  • Seaspan Posts $50.5 Million Profit
    Container ship owner-charterer Seaspan reported first quarter profit of $50.5 million as its expanded fleet pushed revenue up 50 percent...
  • UASC adds Asia-US Peak Season Surcharge
    United Arab Shipping Company will implement a peak-season surcharge for all cargo shipped from Asia to the U.S. East Coast....
  • Expeditors' Net Soars 49 Percent
    Expeditors International of Washington saw net profit soar 49 percent in the first quarter to $91.2 million as the freight...
  • Roadrunner Profit Soars 350 Percent
    Strong demand and higher prices lifted first quarter revenue 20 percent for less-than-truckload and truckload operator Roadrunner Transportation Systems. ...

Containerisation Internationalweb site
MAY 5, 2011
  • BIMCO publishes radioactivity risk clause
  • 'Unprecedented' eight-year waterfront labour pact on Canada's West Coast
  • Matson posts Q1 loss due to 'precipitous' fuel price rise
  • Drewry and Cleartrade launch new freight rate benchmark
  • Transpac rates rise as annual contracts are inked

TradeWindsweb site
MAY 5, 2011
  • Etesco open for business
    Brazilian offshore operator distances itself from bankrupt owner of ageing drillship.
  • Petrobras picks Olympic
    Brazilian energy giant turns to Norwegian offshore owner for a pair of four-year charters with options.
  • CPLP plots next move
    Five crude carriers will be pulled from the spot market if shareholders green light consolidation of Marinakis empire, CEO says.
  • Citadel saves Cosco bulker
    Chinese ship caught up in 2009 Norwegian oil spill narrowly avoids hijacking in the Arabian Sea.
  • Marinakis stuns the Street
    Shares of Capital Product Partners plummet while Crude Carriers soars as investors digest merger plot and $98m bulker buy.
  • Seaspan back in black
    New York-listed containership owner returns to profit in first quarter as ship utilisation rises.
  • Marinakis' surprise merger
    Greek heavyweights Capital Product Partners and Crude Carriers Corp combine to create the eighth largest US-listed tanker owner in the world.
  • D'Amico in tanker swoop
    D'Amico unmasked as the buyer of a vessel from stricken compatriot.
  • Uljanik ready for hand-out
    Croatian shipowner to pay $6.6m to investors following big 2010 profit.
  • Insurance future lies with clubs
    Standard Club's John Reily says club structure well placed to fight any renewed P&I challenge from commercial underwriters.
  • D'Amico sinks further
    Rome-based owner sees earnings drop by over $1m during difficult start to the year.
  • Navios Acquisition in line
    No surprise on Wall Street as Angeliki Frangou-led tanker owner books a loss in the first quarter.
  • Horrible for Hornbeck
    US offshore vessel company plunges to loss as revenues drop in weak markets.
  • New box swap indices
    Drewry and Cleartrade Exchange unveil "global" index in effort to stimulate container derivatives trading.
  • Golden opening
    RS Platou Markets places a buy tag on John Fredriksen's Golden Ocean following recent share slump.
  • SBM revenue slips
    Dutch FPSO specialist blames turnkey services for 5% drop in turnover.
  • Insurance future lies with clubs
    Vasilis Bacolitas sees the P&I clubs as the organisations that will come to dominate the marine insurance market.
  • Evergreen ship hit
    Three rocket propelled grenades fired during attack on container vessel in the Arabian Sea leave their mark.

American Shipperweb site
MAY 5, 2011
  • DHL launches China/Russia rail service
    DHL Global Forwarding said it has launched daily continental rail service from China to Russia and the Commonwealth of Independent States with shorter transit times and lower cost than ocean and air transport. The service will consolidate shipments...
  • Emirates Shipping Line sets up Taiwan agency
    Emirates Shipping Line said Wednesday it is opening a representative agency office in Taiwan to support its operations linking the Far East with the Indian Subcontinent, Middle East and Africa. Emirates, a Hong Kong- and Dubai-based line, is partne...
  • MSC to raise India/East Africa rates
    Mediterranean Shipping Co. said this week it is raising rates on the trade from India to East Africa by $100 per TEU, effective May 16....
  • MSC hikes bunker fees on several trades
    Mediterranean Shipping Co. said this week it is raising bunker surcharges on a number of trades as of June 1. The new bunker recovery rates are: From Asia to Europe, $755 per TEU. From East Coast South America to North America, the Caribbean, W...
  • Rickmers upgrades India/Europe service
    Rickmers-Linie, a German-based liner specialist for project and heavy-lift cargo, said it is upgrading its Indian service with the addition of new vessels. It will also provide a direct service eastbound and westbound between Europe and India, alth...
  • Hapag-Lloyd splits NWX, Loop B services
    German container line Hapag-Lloyd said in a customer notice it is decoupling a long-line service between Europe, the Far East and Pacific Northwest. The line said this month it is changing its NWX/Loop B service into a pure transpacific service be...
  • UASC secures $140 million loan from Kuwaiti bank
    United Arab Shipping Co. said Wednesday it has garnered a $140 million senior term loan facility with Gulf Bank in Kuwait. "The proceeds from this transaction will be invested in UASC's growth and network expansion plans as a leading container shi...
  • Drewry, Cleartrade partner on container index
    Drewry Shipping Consultants has partnered with the Cleartrade Exchange to develop a weekly container index to be used by physical and derivative market participants to manage freight risk. "The index will report individual market prices on major e...
  • National Export Initiative
  • South Korea, Colombia, Panama
    White House rolls trade agreements forward The Obama administration will begin technical discussions Thursday morning with key congressional staff on the draft implementing bills and draft Statements of Administrative Action for the pending trade a...

The Bunker Bulletinweb site
MAY 5, 2011
  • Fujairah and Durban markets stable
    Deliveries were available for supply up to and including May 19 in Cape Town.
  • European markets fall
    Players says it's 'impossible' to get products in Rotterdam before Tuesday.
  • O.W. Bunker says fuel procurement 'perfect' for outsourcing
    Sales Development Manager tells Athens conference that outsourcing is a 'natural evolution'.
  • Oil majors a 'block' to the wider use of biofuels
    Leading player in the international transport sector says oil companies are green 'but only in their advertising.'
  • Danish ferry industry predicts 2015 closures
    Low sulphur requirements could lead to 50% increase in ticket prices, pushing large numbers of lorries onto Danish roads.
  • Fall in fuel oil stocks as arbitrage arrivals slow
    Singapore stocks expected to rebound in the weeks ahead.
  • Fuel oil futures contract falls to just two lots
    Singapore platform for 380 cSt fuel oil futures suffering from 'poor liquidity.'
  • Athens: 'Problems become opportunities'
    Bunkerworld conference looking for opportunities as markets seek relief from 'the perfect storm'.
  • Bunker prices fall in Asian markets
    No indications for Busan and Tokyo due to public holidays.
  • Vessel forecasting system saves up to 10% fuel
    System allows 'new dynamic approach to voyage planning,' says Amarcon.
  • Indian port to upgrade bunkering facilities
    To set up a new jetty for bunkering of vessels, says port authority.
  • K-Line returns to full-year profit
    But warns that rising bunkers may result in lower earnings in the current fiscal year.
  • Glencore exits Singapore's MPA accredited supplier list
    Staff from Glencore and MPA confirm move.

›››File
FROM THE HOME PAGE
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
Over two tons of cocaine seized in the port of Genoa
Genoa
Once placed on the market, the drug would have earned criminal organizations around 1.5 billion euros.
Seatrade acquires strategic stake in JR Shipping
Harlingen
The Dutch company will continue to operate as an independent and autonomous organisation
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
Ningbo
Over 1.4 billion tons of cargo were moved. Approximately 43 million containers were transported.
In 2025 the port of Ravenna recorded its new historical record for annual freight traffic
Ravenna
Never-before-seen volume of cargo handled in the fourth quarter alone
The Sardinian Port Authority relies on the Financial Times' AI-based consultancy to understand which strategies, projects, and infrastructures to implement.
Cagliari
Direct award of an estimated value of 140,000 euros
The disposal of sediment from dredging in the port of La Spezia at the new breakwater in Genoa has been approved.
La Spezia
Approval has been granted for the transfer of 282,000 cubic meters to be carried out during 2026.
In November, ship traffic in the Suez Canal increased by +16.0%
Cairo
In the first eleven months of 2025, 11,620 ships passed through (-4.8%)
ABB to build shore power systems at three container terminals in the Port of Rotterdam
Rotterdam/Zurich
They will be able to recharge up to 32 container ships simultaneously
Cargo traffic in Chinese seaports grew by 5.8% last month.
Cargo traffic in Chinese seaports grew by 5.8% last month.
Beijing
Foreign cargoes increased by 8.2%. Containers increased by 8.9%.
Freewheeling, the increase in highway tolls certifies the failure of the government and Minister Salvini's road haulage policies.
Modena
Franchini: First excise duties, now tolls; a double blow that directly affects small businesses.
Trasportounito attributes responsibility for the increases in motorway tolls to the Constitutional Court and the ART
Genoa/Rome
Casu and Simiani (PD): But is it the judges' fault if Salvini can't be a minister?
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
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
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
Port of Gioia Tauro: Anchorage fee reduction approved again
Gioia Tauro
A total sum of 1.5 million euros has been allocated
The Council of State has confirmed the legitimacy of the tender for the new Ravano Pier in La Spezia.
Rome/La Spezia
The TAR ruling for Liguria has been confirmed.
Hupac will launch a new shuttle train service between Duisburg and Novara.
Noise
Schedule six rotations per week
Ferry docking slots for Piombino and Elba Island in 2026 have been assigned.
Livorno
Project financing process for the first hydrogen production plant in the port of La Spezia
La Spezia
Project to provide "mobile" supplies to vehicles such as locomotives and boats
The new hydrofoil terminal at the port of Messina will be named after a victim of femicide.
Messina
The initiative to remember Omayma Benghaloum
Three new e-RTG yard cranes have arrived at the PSA Venice-Vecon terminal
Venice
Investment of 8.5 million euros
Fincantieri delivers second multipurpose combat ship to the Indonesian Navy
Trieste
Ceremony at the Muggiano shipyard
The employment contract renewal for transport and logistics company managers has been signed.
Rome
Signed today by Manageritalia and Confetra
In June the Grendi group will equip itself with a fifth ro-ro vessel
Genoa
It will have a load capacity of 3,000 linear meters
Brussels has approved the loan to rescue the rail freight company Lineas.
Brussels
Sixty-one million euros granted by the Belgian government
Green Mobility Partners and KKR Partner to Create European Rail Leasing Platform
Frankfurt
American company invests in GMP
Saipem wins offshore EPCI contract in Qatar
Milan
The contract is worth approximately $3.1 billion.
Wärtsilä sells its Gas Solutions division to German private equity firm Mutares.
Helsinki/Munich
Bank of China finances purchase of Grimaldi Euromed's Grande Melbourne
Amount of 57 million euros
GeneSYS Informatica (Fratelli Cosulich) has acquired 51% of the capital of Navimeteo
KSOE wins $466 million order for four container ships
Lysaker/Seongnam
NYK and Ocean Yield Award Order for Four New LNG Carriers
ONE's Adriatic Service 1 will also make stops at the port of Ancona
Singapore
The line to Damietta has a weekly frequency
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