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19 December 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
November 22, 2011
The Business Timesweb site
Shipping News
  • China downplays sea spats in region after Obama challenge
    China played down tensions with the US and proposed funding to enhance maritime cooperation in South-east Asia after President Barack Obama challenged its actions in the South China Sea at a summit of Asian leaders.
  • Gen Maritime can draw on bankruptcy loan
    General Maritime Corp, the second-largest US owner of oil tankers, can draw US$30 million of a US$75 million loan that will require it to file a plan of reorganisation in 75 days or sell all its assets.
  • Returns for oil tankers rise to 8-month high
    Returns for supertankers hauling two million-barrel cargoes of Middle East crude to Asia rose to an eight-month high as refinery demand increased the number of ships chartered and reduced the tally of available vessels.

Sched Netweb site
  • Hapag-Lloyd Q3 profit down 618pc, sales off 15pc - soaring bunker blamed
  • Occupy Oakland votes to shut down all west coast ports on December 12
  • Correction: Asia-West Africa rates rise US$250/TEU from December 15
  • Vice premier: China-first policy needed to meet lingering global recession
  • Economy to deteriorate, say 1,119 economists surveyed in 119 countries
  • MOL to open its own offices to assume agency work in eastern Europe
  • West coast dockers win arbitrator ruling to inspect, repair trailer chassis
  • North American Freight Index up 39pc in October, biggest jump since Katrina
  • Euro debt angst blamed for third quarter European road freight index fall
  • Hong Kong air cargo volume off 8.2pc in October, but passengers up 5.9pc
  • Boeing expects Mideast aircraft demand to increase 160pc over 20 years
  • Airbus expects 300pc growth in cargo, 200pc more freighters in 20 years
  • Cathay expects 15-20pc more cargo in 2012 despite October shortfall
  • US Justice Department eases fine demands for troubled air carriers

Exim Indiaweb site
  • APL to commence Singapore-Laem Chabang LCX shuttle from Dec. 12
  • City Transport Syndicate celebrates completing 15 years in Delhi
  • CTL 2011 is bigger & better than ever before
  • DSME & GL offer first-ever solution for LNG-fuelled large container vessels
  • Maersk leads in on-time schedule reliability
  • Marseille Fos handles 1 pc more cargo in 9 months
  • MOL installs marine broadband Internet system on 5 LNG carriers
  • MSC extends slot charter on Oceania Loop 2
  • Seago Line joins INTTRA's network of ocean carriers
  • 'China Sourcing Fair' from Nov. 23-25
  • Vasan inaugurates 12.80 m draught facility at V.O. Chidambaranar Port
  • CMTL commissions first private freight terminal in India at Timmapur
  • Freight forwarders in a service tax quandary
  • Rs. weakness wont affect economy'Virmani
  • Slowdown-hit garment exporters begin search for fresh pastures

International Transport Journalweb site
NOVEMBER 21, 2011
  • Imperial Baris station ro-ro barge in Magdeburg
    The German company Imperial Baris is offering additional special heavylift services by stationing the ro-ro push-barge "Europa 1" in Magdeburg (Germany). It will be deplo...
  • Southeast Asia an attractive railway market
    The market for rail technology in Southeast Asia has a volume of about EUR 1.8 billion - and is set to grow far higher than in other regions, according to a study of the railway ma...
  • Australian court fines Korean Air for cartel activities
    A Sydney federal court in Australia has fined Korean Air Lines AUD 5.5 million (EUR 4.1 million) for fixing prices as part of a cartel. The Australian Competition and Consumer Comm...
  • InterRail expands offering for Central Asia
    The InterRail Group has successfully started a round-trip container service between Uzbekistan and India and China. This reduces the number of empty containers transported and cuts...
  • Runway expansion in Rio de Janeiro
    The Brazilian airport operator Infraero has begun work on a runway expansion project at Galeao-Antonio Carlos Jobim airport, the largest hub in greater Rio de Janeiro. The USD 37 m...
  • P&O Ferrymasters doubles Cabot volumes in two-year deal
    Following a two-month tender process, P&O Ferrymasters has strengthened its position as a leading pan-European transport supplier for the Cabot Corporation, a US chemical produ...
  • Euro-Leasing and MAN Rental launched in Sweden
    The Euro-Leasing group, which belongs to MAN Truck & Bus, is expanding its Scandinavian activities. To provide Swedish forwarders, transporters and logisticians with its on-sit...
  • Alexandre de Juniac named Air France chairman
    The board of the French flag carrier Air France has named Alexandre de Juniac as the company's new chairman of the board and director general. Jean-Cyril Spinetta, the Air France-K...
  • Another record for Boeing
    At the recent East Asian summit held in Bali (Indonesia), US president Barack Obama witnessed the announcement of the largest commercial airplane order ever placed for Boeing aircr...
  • Further decrease in the Howe Robinson Container Index
    The Howe Robinson Container Index (HRCI) fell by 16 points or 3%, from 556.6 points in the week ending on 4 November to 540.5 in the one ending on 18 November. The fortnight saw sm...
  • TNT Express planning hub in Hanover
    The CEP service provider TNT Express will build a new distribution centre in Hanover in 2012. The contract for a plot at Hannover Langenhagen airport was signed recently. The parti...
  • Holleman Bulgaria transports wind turbine generators for Siemens
    Holleman Bulgaria transports wind turbine generators for Siemens Holleman Bulgaria, a member of both the Worldwide Project Consortium (WWPC) and of Cargo Equipment Experts (CEE) ne...
  • CitySprint to acquire Lewis Day courier operations
    CitySprint has agreed to acquire Lewis Day's UK courier operations, building on its position as the country's leading same-day courier and distribution network. As part of the deal...

Marine Logweb site
NOVEMBER 21, 2011
  • Hamburg shipbuilder J.J. Sietas declares insolvency
  • DSME starts construction of world's largest floating dock
  • BIMCO developing contract for employment of armed guards
  • Wärtsilä starts first X-generation engine at ceremony in China

World Wide Shipperweb site
NOVEMBER 21, 2011
  • Port of Tacoma handles largest Genie lift shipment
  • FESCO Transportation Group reports nine month numbers
  • Port of Bellingham opens annual Gingerbread House contest
  • Pacific Maritime Association eyeing reefer box safety situation
  • Hapag-Lloyd expanding service covering Guatemala, Caribbean

Lloyd's Listweb site
NOVEMBER 21, 2011
  • US government fails in bid to extend detention of Gaurav Prem master
    Magistrate's order to complete probe in magic pipe case by December 9 is upheld by district judge
  • Charter for Solvang-owned VLGC set to drive market below $70 per tonne
    Surprise low rate for Clipper Sirius forces new market forecast for coming weeks
  • Secondhand panamax prices start falling again
    Older tonnage hit hardest as sale and purchase market continues to plummet
  • Grimaldi adds Genoa-Valencia freight service to Motorways of the Sea
    Two modern ro-ro ships will sail three times a week both ways
  • US storms into global LNG export market
    New opportunities for gas carriers in wake of landmark liquefied natural gas deal
  • Where will US gas cargoes go?
    Chile and Asia could soak up exports
  • Drive for energy independence fuels surge in shale gas production
    High volumes push down prices, boosting export opportunities
  • Antwerp starts work on second left bank lock
    Deurganck dock access to be completed by 2016
  • Sanko Steamship commits to second deal for MR tanker pair
    Price paid shows deterioration of the market in past weeks
  • Indian LNG import capacity set to double
    BP-Reliance joint venture to boost liquefied natural gas imports
  • Royal Fleet Auxiliary ratings to join UK public sector strike
    MCA staff also set to walk out
  • Sobrena workers demand state aid to save French yard
    Brittany Ferries contract win gives stay of execution
  • Owners avoid pressure to accept dangerous cargoes
    Crew safety is being neglected when carrying bulk cargoes prone to liquefaction
  • Law firms need not fear consolidation
    Solid shipowners needing capital will continue to look to solid ship finance banks and suitable lawyers
  • Democracy in Greece not on hold
    All changes in the Greek government so far have been constitutional
  • Ferguson wins first hybrid ferry contract
    Glasgow yard to build two low-carbon battery-diesel ro-ros
  • ABS warns against green ship design
    US class society says trend creates conflict of interest in area of 'ethical quicksand'
  • Rickmers Group gears up for consolidation
    Changing funding model as bank loans dry up
  • EXCLUSIVE: Algeria exchange controls could spark shipping pull-out
    Maersk and CMA CGM cash stuck in country
  • US lifts sanctions on Libya's GNMTC
    Libyan company's fleet of 24-strong vessels free to trade
  • EXCLUSIVE: HSH Nordbank warns shipping loans will become scarcer
    Torsten Temp says eurozone crisis will force banks to reduce lending books
  • GMS holds back publishing of Indian subcontinent scrap rates
    Increased renegotiations lead to greater price uncertainty in main demolition market
  • Hammonia looking at CMA CGM boxships
    German vessel operator in the midst of negotiating purchase of two post-panamaxes
  • Eitzen Chemical axes pool operations
    Move is part of efforts to raise liquidity
  • Spain sets out transport goals
    New government to prioritise intermodal links
  • Neighbourliness in the Pacific
    President Obama may be roiling China, but the engagement is constructive
  • Get well soon, GenMar
    Some leading companies have been through Chapter 11 and lived to tell the tale. We hope General Maritime will too

Fairplayweb site
NOVEMBER 21, 2011
  • Hapag sees Atlantic boost
    GERMAN box line Hapag-Lloyd said today it produced operating profits in the third quarter despite great Far East pressure on freight rates
  • Bangladesh breaker killed
    A WORKER was reportedly killed today at the Prime breaking yard in Bangladesh - even though the country has barred such companies from acquiring new ships to recycle
  • NYSE ejects GenMar
    PETER Georgiopoulos-chaired General Maritime has received preliminary bankruptcy court approvals and confirmed that its trading days on NYSE are over
  • Savannah unveils scheme
    OFFICIALS approved a $6.5M improvement for box handling facilities in Savannah, the port affirmed today
  • Chevron accepts responsibility Brazil spill
    US OIL company Chevron today accepted responsibility for an oil spill off Brazil
  • Italian ro-ro expansion
    ITALIAN ro-ro operator Grimaldi has defied sovereign debt fears and announced a new service between Italy and Spain
  • Robust 2012 seen for offshore drilling
    SINGAPORE'S yards could benefit from increased demand for ocean drill rigs in 2012, analysts predicted today
  • Will BIMCO's licence say: have gun, will travel?
    BIMCO said today it has started working on a standard contract for employing armed guards
  • Spanish builders cross fingers after election
    SPANISH shipbuilders told Fairplay today they are pushing ahead with efforts to establish a tax lease scheme despite uncertainty over the new government
  • India ship shares battered
    SHIPPING stocks in India tumbled today, with most leaders hitting a year's low on economic slowdown fears and the country's foreign trade fall
  • Pirate suspects arrested
    POLICE in Somalia have reportedly arrested pirates related to the attack on the Greek tanker Olib G
  • China seeks 'maritime connection network'
    CHINA HAS reportedly proposed a co-operation fund for developing a "maritime connection network" with Southeast Asian nations
  • Manila clears most ferries
    EIGHT of nine Superferry vessels were cleared today to resume operations in the Philippines, as an inquiry continued into last week's fatal fishing boat-ferry collision
  • ATS narrows losses by 45%
    LOSSES at ATS Consolidated have narrowed by 45% in the third quarter of 2011
  • Paris offers help to SeaFrance worker group
    FRENCH transport minister Thierry Mariani has offered government help to the worker co-operative bidding to take over SeaFrance, which continued today to suspend Channel services

The Journal of Commerceweb site
NOVEMBER 21, 2011
  • Diesel Hits $4 Mark for First Time in Six Months
    Diesel prices across the United States increased 2.3 cents in the week ending Nov. 21, rising over $4 a gallon...
  • Thai Floods Force CEVA to Re-engineer Supply Chains
    CEVA Logistics is working to re-engineer the supply chains of its automotive and hard disk drive customers because Thai floods...
  • Postmaster General Urges Bolder Postal Reform
    Postmaster General and CEO Patrick Donahoe urged Congress on Monday to take a bold approach to reforming the U.S. Postal...
  • Lufthansa Puts Frankfurt Expansion on Hold
    Lufthansa Cargo is suspending plans for a $1.35 billion expansion of the airline's Frankfurt hub because of a German court's...
  • Railroads Say Weak Exports Hurting Grain Shipments
    Grain transport on U.S. railroads fell 18.3 percent year-over-year in the past week, extending a steep slide in shipping from...
  • Pacific Northwest Ports' Imports Fall, Exports Rise
    Containerized imports generally lagged but exports continued to grow in October at the ports of Oakland, Portland, Tacoma and Seattle....
  • TransCore's Shrader Sees Strong Freight Volume in the US Truckload Market (Video)
    Despite mixed signals in other parts of the global shipping economy, David Shrader, senior vice president for operations at TransCore,...
  • October Class 8 Orders Top Projections
    Orders for Class 8 heavy trucks hit a six-month high in October, with manufacturers receiving 29,824 new orders and 28,026...
  • Savannah Expands Intermodal Railyard
    The Georgia Ports Authority board approved a $6.5 million, 6,000-foot extension of the Mason Intermodal Container Transfer Facility, as the...
  • Supply Chain Under Water
    When Honda resumed production at one of its plants near Bangkok more than a month after shutting its factories amid...
  • Japan's Trade Balance Slips Back Into Red
    Japan suffered a trade deficit of $3.56 billion in October, as exports fell amid a slowdown in the global economy...
  • Container Traffic Grows at Major Asian Gateways
    Box throughput at leading Asian gateways grew in October despite the economic uncertainties that plague key European and U.S. markets....
  • Hapag-Lloyd Profit Falls 94 Percent to $17.5 Million
    Hapag-Lloyd said currency swings and rate competition caused third quarter profit to drop 94 percent year-over-year to $17.5 million, but...
  • Hong Kong Air Freight Drops 8.2 Percent
    Hong Kong International Airport saw cargo volume fall 8.2 percent from the same month a year ago as a surge...
  • Marine Highways' New Direction
    While attending a recent two-day marine highways workshop at George Mason University, I realized the concept has been studied exhaustively...
  • Trucking Dashboard 2011: Third Quarter
    The for-hire U.S. trucking industry took a detour around economic fears in the third quarter, as year-over-year increases in freight...
  • Brokers Climb the Logistics Ladder
    Shippers turned to freight brokers for truck capacity in increasing numbers in the third quarter, boosting revenue at third-party intermediaries...
  • Lytle Takes the Helm at Long Beach
    The Port of Long Beach is in the early days of implementing the largest capital expansion program in its history,...
  • Built to Grow
    If industrial real estate is an accurate barometer of where the international trade economy is headed, the transportation industry should...
  • Carriers Joined at the Ship?
    Container shipping's latest slide into red ink is reviving talk about mergers and acquisitions among carriers. Major ship lines...
  • Blowing the Whistle
    Proving again that shareholders no longer are willing to tolerate systemic shortcomings from those in charge of public companies, the...
  • Hardly Pushing the Envelope
    Is $5.1 billion enough to get the attention of Congress? The loss the U.S. Postal Service piled up in the...

Containerisation Internationalweb site
NOVEMBER 21, 2011
  • Hapag-Lloyd finishes Q3 11 in the black
    Hapag-Lloyd outperformed the market in Q3 11. Whereas most other carriers slipped further into the red, it just ended up with a small positive result of EUR9.6 ...
  • Yusen Logistics (India)
    In the latest phased global roll-out of its integration of NYK Logistics and Yusen Air & Sea Service the NYK Group has announced the formation of Yusen ...
  • IAS launches new web modules for better connectivity
    Oakland (US)-headquartered software/technology company International Asset Systems (IAS) has launched extensions to its DispatchManager - a web solution that automates ...
  • Containerisation International Yearbook 2012 to be published in December
  • Evergreen splits pendulum service again
    Evergreen has split its UAM pendulum service between the Mediterranean and US West Coast back into two separate Transpacific and Asia/Europe strings. Instead of ...
  • Congress' interest in ending US antitrust immunity sparked on eve of FMC study release
    The Federal Maritime Commission's (FMC) study into the impact that the ending of anti-trust immunity for liner shipping conferences in Europe has had on the industry ...
  • Thailand's economy suffers flood hit
    The economy of Thailand expanded by a disappointing 3.5% in the third quarter of the year as the severe floods that have swept the country since July, killing at ...
  • India tightens the noose on old ships
    A two-day seminar in Chennai, India last week, as part of the Institute of Chartered Shipbrokers (ICS) centenary celebrations, was inaugurated by G K Vasan, Union ...
  • 64 boxes removed from Rena

TradeWindsweb site
NOVEMBER 21, 2011
  • Capital curtails spot exposure
    Capital Product Partners pulls VLCC out of the spot market as parent rides to the rescue with another long-term charter.
  • Analysts examine Diana deal
    Equity gurus see more acquisitions on the horizon for New York-listed bulker owner following latest $32m raid.
  • Wikborg exits AMA
    Manhattan-based boutique waves goodbye to co-founder as fate of Norwegian outpost hangs in the balance.
  • Yang Ming tied to scrap pact
    Brokers finger Taiwanese transport giant as seller in $9m demolition deal.
  • Norden selling KLC exile
    Former Korea Line chartered vessel draws huge attention in Greece as Danish owner invites offers.
  • Shipping's coming crisis
    Shipowners' organisation says market distortion from redundant shipyards is the real threat facing owners.
  • Another breaker dies
    Bangladeshi worker loses life after falling down a lift shaft at Chittagong yard.
  • Crew stranded off Sudan
    Seafarers running out of supplies on Sri Lankan vessel denied berth over unpaid fees.
  • Deep Sea reels in extension
    EnQuest adds another 300 days to platform-supply vessel deal with Oslo-listed owner.
  • Korean owner trimming down
    National Bitumen Corp tipped for double scrap sale which will leave it with only one tanker.
  • Santos strike grips port
    A 24-hour strike by Brazilian port workers causes delays and disruption.
  • Amanda too heavy
    Danish cargoship stopped by German marine authorities after over-loading with scrap metal.
  • Globus getting stronger
    Expanding George Karageorgiou-led bulker owner defies tough markets to increase nine-month profit.

American Shipper - Ocean newsweb site
NOVEMBER 21, 2011
  • AS poll: One-third shippers with cargo rolled
  • Grand China accused of non-payment on bulk vessels
    Hainan, China-based carrier Grand China Logistics has been accused by three European shipowners for halting payments on chartered bulk vessels, according to the Financial Times.
  • FMC sees progress on fuel alternatives
    Commissioner Mario Cordero of the FMC says progress is being made on development of fuel alternatives for commercial vessels. Use of liquefied natural gas as fuel is an example.
  • Sea Star agrees to pay $14 million fine for price fixing
  • Hapag bucks trend, makes money in 3Q

The Bunker Bulletinweb site
NOVEMBER 21, 2011
  • Canadian 'green vessel' retrofit draws nearer
    Many of the energy-saving technologies could then be deployed in commercial shipping to reduce fuel costs and lower the environmental impact of travel.
  • Last coal powered vessel set for LNG trial
    Last US vessel to be powered by coal looks to natural gas future.
  • Prices soften across European ports
    Crude oil markets extend losses in early trading.
  • IFO prices still tumbling in Fujairah
    380 cSt price has fallen more then $40 pmt in a week.
  • Crew support 'crucial' for towing kites
    Bunker savings trigger crew bonuses, vessel operator tells conference.
  • Shipping's dilemma in the face of COP17
    The shipping industry requires a realistic lead in time to respond positively to decisions flowing from COP 17.
  • Fujairah pipeline 'operational next month'
    'There's a hurry to get this operational' as tension grows over Iran's nuclear programme.
  • 'No delays' for ECA rules
    0.10% sulphur cap likely to be in force in just over three years.
  • 'Tough competition and high bunker prices' define the market
    Hapag-Lloyd reports sharp year-on-year fall in third quarter profit.
  • South China fuel oil imports up 70% in November
    Region expected to import 230,000 mt of fuel oil during month.
  • Bunker prices down double-digits at most Asian ports
    Mixed demand at key Asian bunker ports on Monday.
  • Chimbusco to offer 3.50% sulphur IFOs by December
    To offer 3.50% sulphur fuel oil at all Chinese ports next month.
  • Quebec to introduce LNG-powered ferry
    Ferry able to carry more passengers and vehicles than the current vessel in service.
  • UK-based firm launches marine fuel testing programme
    Fuel samples can be analysed and reported on the same day of delivery, says SeaTec Services.
  • MISC spending $3.5 million in energy efficiency studies
    MISC's LNG carrier vessel Seri Balhaf given Green Award certification.
  • Buckeye posts $110 million quarterly net loss
    Commissions newly constructed inland dock at BORCO for fuel oil, gasoline and diesel cargo operations.
  • Bunker supplier resumes ops at Auckland port
    Bunker tanker Awanuia commencing 'normal barge operations' as of Monday.

›››File
FROM THE HOME PAGE
T&E: European e-fuel production projects insufficient for shipping decarbonization
T&E: European e-fuel production projects insufficient for shipping decarbonization
Brussels
It is likely that European targets will be met with imported fuels, or not at all.
Porto Marghera inaugurates a new single-section underground pipeline for the transport of vegetable oils.
Venice
At 3.1 kilometers, it is the longest in Italy and among the top five in Europe.
PSA Intermodal Italy and Logtainer to manage the Intermodal Terminal at Interporto Padova
Padua
A financial offer of 75 million euros was presented
Sea-Intelligence: By 2025, the container ship deployment model will have radically changed.
Sea-Intelligence: By 2025, the container ship deployment model will have radically changed.
Copenhagen
Vessels are frequently replaced to accommodate short-term fluctuations in demand and to manage operational disruptions
Finnish Mikki Koskinen is the new president of European Shipowners - ECSA
Brussels
He will take over from Karin Orsel on January 1st.
Premier Alliance's Asia-Northern Europe services will be based on a hub-and-spoke model
Seoul
Drastic reduction in the number of stopovers on some routes
Work has begun in Switzerland to build a four-meter rail corridor for freight transport from France.
Bern
Construction site completion at the end of 2029
In the third quarter, freight traffic in French ports grew by +6.9%
La Defense
Increase driven by rising bulk cargo. Miscellaneous cargo remained stable.
Fincantieri plans to double the production capacity of its Italian shipyards in the defense segment
Trieste
Revenues expected to increase by 40% over the next five years
WHL orders CSSC Huangpu Wenchong Shipbuilding Co. to build six dual-fuel LNG containerships
Taipei
Charter of three additional vessels
The Spanish observatory on the EU ETS notes an unusual increase in container traffic in neighbouring non-European ports
Madrid
Growing activity in ports such as those in the UK, Egypt and Turkey
Marsa Maroc to acquire 45% of Spain's Boluda Maritime Terminals
Casablanca/Valencia
Investment worth 80 million euros
Investment firm BC Partners to acquire majority stake in Fortidia
Milan
The company operates through multiple franchise brands, including Mail Boxes Etc. and PostNet
MPC Container Ships orders six 3,700 TEU containerships
Oslo
Taizhou Sanfu Ship Engineering wins $292.5 million contract
Ownership of the Fagioli group will pass to CEVA Logistics
Milan
The Sant'Ilario D'Enza group specializes in the project logistics sector
MSC Cruises orders Meyer Werft to build four cruise ships with options for two more
MSC Cruises orders Meyer Werft to build four cruise ships with options for two more
Berlin
Orders for a total value of up to ten billion euros
AD Ports submits a bid to acquire control of Egypt's Alexandria Container & Cargo Handling Co.
The number of calls at Italian ports in the Premier Alliance network for 2026 is increasing.
Seoul/Singapore/Keelung
Three calls in Genoa, two in La Spezia, and two in Gioia Tauro. The Asia-Europe services will continue to circumnavigate Africa.
Stefano Messina is heading for a new term as president of Assarmatori.
Rome
The renewal of the association's positions for the four-year period 2026-2030 is scheduled for next month.
Hapag-Lloyd orders CIMC Raffles to build eight 4,500-TEU containerships
Hamburg
Long-term charter of 14 container ships with capacities ranging from 1,800 to 4,500 TEUs
Hanwha raises its stake in Austal from 9.9% to 19.9%
Henderson
The South Korean group has become the reference shareholder of the Australian company
Companies inform
Accelleron calls for cross-sector action to unlock carbon-neutral fuels for shipping
Maersk Group changes several top positions in the company
Copenhagen
New CFO and appointment of new regional managers
In the first half of the year, Italian ports recorded growth in containers and dry bulk cargo
Rome
Rolling stock and liquid bulk volumes decreased. "Port Infographics" by Assoporti-SRM
Snam will acquire 48.2% of Igneo Infrastructure Partners in OLT - Offshore LNG Toscana
London/San Donato Milanese
Operation worth approximately 126 million euros
The first "Decade of Sustainable Transport" established by the UN will begin on January 1st.
New York
Kramek (WSC): Effective global regulation of greenhouse gas emissions at IMO is vital for shipping
EU investigation into joint control of Spanish company Tercat by TiL (MSC Group) and Hutchison Ports
Brussels
The company manages the BEST terminal at the port of Barcelona
In the third quarter, freight traffic in the ports of Naples and Salerno recorded increases of +0.5% and +2.5%
Naples
ESPO urges MEPs to endorse report on military mobility
Brussels
Ryckbost: Clearly recognizes the strategic role of ports
From January 1st ICTSI will manage Durban Container Terminal 2 at the Port of Durban
Durban
Traffic capacity will be increased from two to 2.8 million TEUs
The ZIM Board of Directors confirms that it has received multiple expressions of interest in purchasing the company, including one of a strategic nature.
In the third quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.7%
In the third quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.7%
Bremen
Significant increase in general cargo. Bulk cargo declines.
CSSC and COSCO sign cooperation agreement for the construction of 87 ships
CSSC and COSCO sign cooperation agreement for the construction of 87 ships
Beijing
Project worth approximately 7.1 billion dollars under China's 15th Five-Year Plan
Last October, maritime traffic in the Suez Canal decreased by -0.7%
Cairo
Tanker transits increased by 9.6%. Other vessel types declined by 6.5%.
HD Hyundai to build shipyard in Indian state of Tamil Nadu
Seongnam
An agreement was also signed with BEML for the construction of marine and port cranes in India.
Shipowners call for suspending the application of the EU ETS to the maritime sector.
Federlogistica expresses concern over the proposed Genoese tax on maritime passengers.
Genoa
Concerns for the overall balance of the national port ecosystem and for the operational choices of shipowners
SEA Europe disappointed by the failure to recognize the maritime manufacturing industry as a strategic sector for the EU
Port of Palermo: Administrative violations amounting to one million euros related to boating and concessions
Palermo
Over 265 vessels used for rental purposes without mandatory insurance were identified.
EU transport ministers approve incentives for trucks by amending the directive on dimensions and weights.
EU transport ministers approve incentives for trucks by amending the directive on dimensions and weights.
Brussels
Road haulage - CER, ERFA, RFF, UIP, UIRR and UNIFE denounce - can expect economic gains, but the company will have to wait for a reduction in the environmental impact of logistics.
First LNG refueling of a ferry in the port of Genoa
Genoa
500 cubic meters of bioLNG delivered to the new vessel "GNV Virgo"
ONE appoints new agency in Albania
London
Centralog Albania is based in Durres and will be fully operational by the end of the month
Genoa-based shipping broker Lockton PL Ferrari expands its operations into other sectors.
Genoa
New segments Natural Resources, Oil & Gas and Construction & Real Estate
Giampieri (Assoporti): Italy's widespread port system requires a single, stable control room.
Rome
The port reform - he stated - can be a great opportunity for all of us
Lufthansa Cargo and Swiss WorldCargo have signed a strategic cooperation agreement.
Frankfurt/Zurich
Synergies are expected in both the commercial and operational fields
Agreement to end EU dependence on Russian energy
Brussels
The Council-Parliament agreement provides for a gradual but definitive elimination of Russian gas imports by the end of 2027.
Assiterminal confirms its appeal to the Regional Administrative Court (TAR) regarding the indexation of concession fees.
Genoa
108 member companies reached
The ITF urges the Dutch Court of Appeal to correct its preliminary findings on maritime work.
London
Port of Piombino, the regasification terminal has created both opportunities and obstacles
Livorno
Gariglio: It is necessary to know if and for how long the "Italis LNG" will remain in port.
Fincantieri signs a memorandum of understanding on its production model and procurement.
Rome/Trieste
A step forward - underline Fim, Fiom and Uilm - for the regulation and control of the supply chain system
The Port Authority of Genoa and Savona opposes the introduction of a three-euro municipal surcharge on ferry and cruise boarding fees.
Genoa
Cargo traffic in Chinese seaports grew by 3.8% last October.
Cargo traffic in Chinese seaports grew by 3.8% last October.
Beijing
International volumes increased by 8.9%. Container traffic amounted to 26.4 million TEUs (+8.0%).
The composition of the International Maritime Organization's council has been renewed.
London
Rixi: Italy was once again the most voted nation
Quarterly decline in general cargo traffic at the ports of Genoa and Savona-Vado
Genoa
During the July-September period, solid bulk cargoes also decreased. Liquid cargoes increased.
The large port of Syracuse will be equipped with a new maritime station
Syracuse
An old warehouse will be renovated and redeveloped
Assologistica applauds the approval of the new rules on pallet exchanges.
Milan
Potential savings of at least 70 million euros are estimated
Giuseppe Grimaldi confirmed as Secretary General of the Central Tyrrhenian Port Authority
Naples
Unanimous resolution of the Management Committee
Hiab acquires Brazilian loading crane supplier ING Cranes.
Helsinki
The company has 250 employees and a turnover of approximately 50 million euros.
Norwegian MPC Container Ships' revenues fell by 5.0% in the third quarter.
Oslo
Net profit was $53.6 million (-15.8%)
The Algerian port of Skikda will be equipped with a new 600,000 TEU container terminal
Algiers
It will be built as part of the oil port expansion project
Port of Rotterdam plans offshore wind terminal
Rotterdam
A public consultation has been launched
ZIM is evaluating several proposals for the purchase of the company
Haifa
Receipt of the offer submitted by Glickman and Ungar confirmed
Hapag-Lloyd and Maersk have not set a date for the return of their ships via Suez
Copenhagen/Hamburg
Maersk announces the return of its ships through the Suez Canal starting next month
Ismailia
In October, transits remained unchanged. A 16% increase is expected in November.
After 2035, Russian cargo traffic on the Arctic route could decrease
Moscow/St. Petersburg
The governor of the Murmansk region highlighted this during a meeting with Putin
Diana Shipping offers to acquire all of Genco Shipping & Trading Ltd.
Athens/New York
Planned investment of $758 million for the remaining 85.2% of the capital
At the IMO assembly, Rixi acts as a lobbyist for the party opposed to the European Union ETS system.
London
The election of the new council of the International Maritime Organization is on Friday.
Macquarie Asset Management submits an offer to acquire Australian logistics group Qube Holdings
Sydney
Proposal worth $7.5 billion
HMM orders eight 13,400 TEU containerships from HD Hyundai Group
Seoul
Six will be built by HD Hyundai Samho and two by HD Hyundai Heavy Industries
G20 economies' merchandise trade growth in the July-September quarter
Paris
Exports and imports of services are also increasing
Freewheels: New payment terms rules leave hauliers unprotected.
Modena
They do not address - explains Franchini - the heart of the problem: the disproportion of bargaining power between clients and small carriers.
The Trump administration unveils a plan for the massive exploitation of offshore oil and gas fields.
Washington
The program covers areas of the outer continental shelf amounting to approximately 514 million hectares.
In the July-September quarter, ZIM's revenues decreased by -35.7%
In the July-September quarter, ZIM's revenues decreased by -35.7%
Haifa
Fleet volumes fell by 4.5%. Performance in the Asia-Europe market was very negative.
Fincantieri granted additional areas in the port of Ancona
Ancona
The company is committed to implementing a modernization and development program for the shipyard at the port of Portorož.
Assogasliquidi-Federchimica, LNG and bioGNL are strategic for the energy transition of shipping and road haulage.
Legora (Uniport): the objective of greater national coordination envisaged by the port reform is positive, but there is concern over the lack of dialogue
Legora (Uniport): the objective of greater national coordination envisaged by the port reform is positive, but there is concern over the lack of dialogue
Rome
He underlined that discussion, vision and urgent interventions are needed for the competitiveness of Italian ports.
New measures in Switzerland to promote the shift of freight from road to rail
Bern
They will be introduced to strengthen the new transalpine railway Alptransit and to encourage rail and intermodal transport
HMM and BGN joint venture for liquefied petroleum gas transportation
Seoul
The new company will charter two new 88,000 cubic meter VLGCs
Slight decline in freight traffic in the ports of Barcelona and Valencia in October
Barcelona/Valencia
Container cargo fell by -2.5% at both ports
Green light for a new site for sediments from excavations in the Venice Lagoon.
Venice
New expansion in sight for the Greek shipyard in Eleusis
Athens
Financial support from the US International Development Finance Corporation
In the third quarter, freight traffic in the port of Hamburg grew by +3%
Hamburg
Container traffic on the rise thanks to increased transhipments
In the July-September quarter, CMA CGM's revenues decreased by -11.3%
Marseille
Record volumes of goods transported by the container fleet
The EU will abolish customs duty exemptions for goods worth less than €150.
Brussels
A temporary solution is being studied to make the measure effective as early as 2026.
BIMCO: Legal disputes threaten to hinder progress in ship recycling industry
London
Over the next decade, 16,000 ocean-going vessels will have to be scrapped, more than double the number of ships scrapped in the decade just ending.
Significant resources for the expansion of the port of Bremerhaven, also for military purposes
Bremen
Approved financing of approximately 1.35 billion euros
In the July-September quarter, freight traffic in the port of Koper decreased by -4.9%
Ljubljana
Container growth
ONE's Adriatic Service 1 will also make stops at the port of Ancona
Singapore
The line to Damietta has a weekly frequency
Consolidation work on the Riva quay at the port of Ortona has been completed.
Ancona
Thirteen million is the cost for the adaptation of the infrastructure
Vard has signed a cooperation agreement with the Norwegian research institute Norce
Ålesund
It concerns all fields of research and innovation in the naval sector
Energy transition, regulatory simplification, competitiveness of the maritime industry, and port governance are Confitarma's priorities.
Rome
Federlogistica reports the project cargo's inability to travel on Northwest highways.
Genoa
Falteri: We are facing a real systemic crisis.
ZIM shareholders reach agreement again
Haifa
Agreement reached on candidates for the renewal of the board of directors
Merger by incorporation of Degrosolutions into CLS
Milan
Castelli: We aim to strengthen our growth path in the Italian forklift market.
Approval has been given to measures to support the re-employment of workers at the Pippo Rebagliati Company in Savona-Vado.
Genoa
Administrative proceedings for cold ironing at the cruise terminal in the port of Savona have begun.
Assiterminal reports an assault on a worker at the Vado Gateway terminal.
Genoa
It is not tolerable - the association highlighted - that similar episodes occur
The Management Committee of the Central-Northern Adriatic Sea Port Authority has been established.
Ravenna
It is composed of Francesco Benevolo, Luca Coffari, Tomaso Triossi and Maurizio Tattoli
Stonepeak (Textainer) Completes Acquisition of Seaco
Hamilton
It was sold by China's Bohai Leasing Co.
In the second quarter of 2025, cargo traffic in Greek ports decreased by -3.9%.
Piraeus
Passengers increased by +0.9%
AD Ports involved in container traffic development at Shuaiba Port
Abu Dhabi
Agreement with the Kuwait Ports Authority
EU expands fight against Russian shadow fleet to include operators facilitating its deployment
Brussels
Five more people and four companies fined
In November, the port of Barcelona handled 296,000 containers (+1.0%)
Barcelona
Import and export containers are increasing; transit containers are decreasing.
Paolo Spada, vice president of Federagenti, has passed away.
Rome
Pessina: He leaves an unfillable void in the entire Italian maritime community.
Container traffic at the port of Hong Kong decreased by -12.0% in November
Hong Kong
In the first 11 months of 2025 the decline was -5.7%
Emanuele Grimaldi has been appointed an honorary member of the National Order of Merit of Malta.
Naples
Rebranding for the Messina Group's activities
Genoa
Common graphic and lexical choice for all business areas
Six new 100% electric yard cranes have arrived at the PSA Genova Pra' terminal.
Genoa
Three more vehicles will be delivered to the PSA Venice-Vecon terminal at Christmas
ICTSI to upgrade the Rio Brasil Terminal container terminal at the Port of Rio de Janeiro
Rio de Janeiro
Investment of approximately 175 million dollars
In the first 11 months of 2025, the Port of Singapore handled over 40.7 million containers (+8.5%)
Singapore
Overall freight traffic decreased by -1.1%
GTS increases the frequency of its intermodal connections between Bari and Verona and Piacenza and Nola.
Bari
The first will increase to six rotations; the second will become daily
The Partnership Body for the Sea Resources of the Eastern Ligurian Sea Port Authority has been established.
La Spezia
Appointment by decree of President Pisano
Agreement between the Port Authority and the Chamber of Commerce to facilitate the entry of an industrial partner into Genoa Airport.
Genoa
It will be signed soon
Paolo Guidi has been elected the new president of Assologistica.
Milan
The Vice Presidents are Sabrina De Filippis, Riccardo Fuochi, Agostino Gallozzi, Paolo Pandolfo, Umberto Ruggerone and Renzo Sartori.
138 kilos of cocaine seized at the port of Civitavecchia.
Rome
Found inside an articulated lorry disembarked from a ship coming from Spain
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The decree has been signed for the disposal of dredged sediment from the port of La Spezia at the new breakwater in Genoa.
La Spezia
The transfer of 282,000 cubic meters is planned
Greek CCEC has almost completed its exit from the containership segment
Athens
$814.3 million in proceeds from the sale of 14 full containers in 22 months
GNV Virgo was christened in the port of Palermo
Genoa
GNV's fleet renewal program includes the construction of eight ships
The Livorno Port Center celebrates a decade spent integrating the port and city reality
Livorno
Gariglio (AdSP): in recent years we have managed to create a community atmosphere
Fincantieri and WSense reach agreement on underwater monitoring and communication technologies for maritime infrastructure.
Trieste/Milan
Members of the Management Committee of the Northern Tyrrhenian Sea Port Authority have been appointed.
Livorno
The nomination of the member expressed by the Tuscany Region has not yet been received
The entry into force of the EU ETS for construction and road transport has been postponed to 2028.
Brussels/Rome
Confetra, the deferral allows for more rational planning of investments in fleet renewal
Costa Cruises is testing the use of electric trucks to supply ships in the ports of Genoa and Savona.
Genoa
Tests as part of the collaboration with LC3 Trasporti
Collaboration agreement between ALIS and ANITA to promote the development of road haulage and logistics
Rome
Agreement also extended to the field of industrial relations
The Regional Administrative Court for Lazio has accepted Grimaldi's request to suspend the sale of the five Moby ships.
Rome
Appeal aimed at "preventing the consolidation of an irreversible anti-competitive structure"
The launch of the ultra-luxury cruise ship Seven Seas Prestige was celebrated at the Marghera shipyard.
Trieste
It will be delivered next year to Regent Seven Seas Cruises
The last two journeys of the rolling highway on the railway line between Fribourg and Novara will be on Thursday.
Olten
RAlpin, in the company's nearly 25-year history, has transported over two million trucks by rail
Edison signs a contract with Knutsen for the charter of a new LNG vessel
Milan
With a capacity of 174,000 cubic meters, it will be built by Hanwha Ocean
Unifeeder, P&O Ferrymasters and P&O Maritime Logistics will be brought together under the single DP World brand.
Dubai
Project to build a tourist center at the cruise terminal of the Mexican port of Ensenada
Miami/Cancun
Agreement between Carnival Corporation, ITM Group and Hutchison Ports
Lineas and FS Logistix have inaugurated the Modalink terminal joint venture.
Antwerp
Five weekly train rotations between Antwerp and Milan
Marcel Theis will be the new CEO of SBB Cargo International from January 1st.
Olten
He will take over from Sven Flore
In October, freight traffic in the port of Ravenna grew by +13.4%
Ravenna
A rise of +14.5% is expected in November
The conflict over the Genoa Municipality's additional tax on port boarding fees is escalating.
Genoa
Assarmatori, Assagenti, CLIA, Confindustria Genova and Confitarma will not participate in the technical meeting announced by the mayor.
Bulgaria, Greece, and Romania reach agreement on enhanced cooperation within the Black Sea-Aegean Corridor
Brussels
Acceleration of implementation of transport axis projects expected
The Port of Barcelona plans to halve its CO2 emissions by 2030
Barcelona
Private investments of 920 million euros and public investments of 780 million are expected.
Fincantieri reaches agreement with Bahraini ASRY to collaborate in the shipbuilding sector
Trieste
They will evaluate opportunities for the construction of naval vessels and offshore units
In the first year of operation, 750,000 tons of goods passed through the Parma Interporto railway terminal
Parma
Over 800 trains moved
Salis: The municipal surcharge on boarding fees will not lead to any reduction in traffic.
Genoa
The mayor of Genoa recalls that similar measures have already been activated in other port cities
The five ships put up for sale by Moby were sold for €229.9 million.
Vicenza
A bid equal to the starting price was submitted
PSA Italy expects to close 2025 with further growth in container traffic
Genoa
Brussels approves African joint venture between MSC and NYK
Brussels
European Commission clears Yusen Logistics' acquisition of Movianto International
Port of Genoa fines luxury cruise megayacht Vidantaworld's Elegant
Genoa
Serious violations of European ship recycling legislation found
Consalvo appointed president of the Eastern Adriatic Sea Port Authority
Trieste
He is the general manager of Aeroporto Friuli Venezia Giulia Spa
Promoting sustainable development and the energy transition process of the Port of Taranto
Taranto
This is provided for in an agreement between the AdSP of the Ionian Sea and GSE
The Northern Tyrrhenian Port Authority (APSP) will be in Oran to present its Mediterranean Green Corridors development project.
Livorno
Among the objectives, the consolidation of relations with Algeria
The tender for the railway shunting service in the ports of Savona and Vado Ligure has been published.
Genoa
The concession duration is set at 60 months
In 2024, passenger traffic in European Union ports increased by +6.2%
Luxembourg
The three ports with the highest traffic volume are Italian
GSL invests $90 million to buy three 8,600 TEU containerships built in 2010 and 2011
Athens
Youroukos: They are the cash cows of the future
RCG launches intermodal link between Bosnia and Herzegovina and the port of Koper
Vienna
The train service to Tuzla is weekly.
The Ministry of the Interior announces an inter-ministerial meeting for the early exodus of port workers.
Rome
The goal is to identify a definitive solution within a certain timeframe.
Christening and delivery of a new PCTC of the Grimaldi Group
Naples
The "Greater Istanbul" has a cargo capacity of 9,241 CEUs
GNV strengthens its ferry service on the Naples-Palermo route.
Genoa
By December 19, the capacity on the line will increase to over 6,000 linear meters
The Marseille-Fos Port Authority will invest €1-1.3 billion by 2029.
Marseille
Agreement with MSC for the expansion of the Fos 2XL container terminal
Port workers are holding a demonstration in Rome today to demand the establishment of a Fund to support the exodus.
Rome/Genoa
The general assembly of the Sustainable Intermodal Logistics Association will be held tomorrow in Rome.
Rome
The meeting at the Auditorium Parco della Musica
Cisl and Fit Cisl Savona, for Vado Gateway 2025 has proved to be a substantially positive year
Savona
Seeking opportunities with the reopening of the Suez Canal and the recovery of some markets
Assarmatori welcomes the new regulations, which are very important for shipping companies and maritime workers.
Rome
In the first nine months of 2025, freight traffic in the port of Tanger Med grew by +14.9%
Anjra
118 million tons of cargo moved
Zanetti (Confitarma): The Simplification Decree offers more modern tools to our businesses.
Rome
Listen - he underlined - to the needs of our industry
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
National Maritime Fund: The House of Representatives approved the legislation.
Genoa
D'Amato: Measures expected for our seafarers and the competitiveness of the national fleet
Potassium permanganate seized at the Port of Genoa as part of the fight against drug trafficking.
Genoa
Operation by the Customs and Monopolies Agency and the Financial Police
Fincantieri cancels orders for four U.S. Navy frigates
Trieste
Further orders are expected for the construction of new classes of naval units
The Northern Tyrrhenian Port Authority met with the port cluster to discuss the new sustainability report.
Livorno
The Italian Merchant Marine Academy celebrates its first 20 years
Genoa
During this period, 3,660 students from all over Italy graduated.
Crédit Agricole Italia financed the construction of the Grande Tianjin ship for Grimaldi Euromed.
Naples/Parma
Hapag-Lloyd expects next 45% increase in EU ETS surcharge
Hamburg
The Emissions Trading System will enter into full force on January 1st.
European Commissioner Tzitzikostas visited the Monfalcone shipyard
Trieste
Upcoming measures announced to strengthen the sector's competitiveness, resilience, innovation, and technological leadership.
The trial against Damen for alleged corruption and sanctions violations begins today
Amsterdam
The company expresses disappointment with the protracted investigation and anticipates a lengthy legal battle.
AD Ports Group has acquired a 19.3% stake in Egypt's Alexandria Container & Cargo Handling Co.
Cairo/Abu Dhabi
Saudi Egyptian Investment Company's share purchased
Corsica Sardinia Ferries has purchased the Stena Vision ferry
Vado Ligure
It will be renamed "Mega Serena"
In 2024, the turnover of the main Italian port container terminals grew by +8.1%
Milan
Traffic increased by +3.4%
Work has begun to increase container traffic capacity at the port of Thessaloniki by 40%.
Thessaloniki
The expansion of Pier 6 will be completed in 40 months
A precautionary seizure of over €100 million has been ordered against Liberty Lines.
Trapani
BLS Cargo urges Switzerland to exert tangible pressure on German rail infrastructure stakeholders.
Bern
The company denounces the dire situation of transalpine rail freight transport. Further incentives requested.
Livorno is confident in the additional one hundred million euros promised by Salvini to build the Darsena Europa.
Livorno
Salvetti: I asked how we intend to proceed with the future assignment to private individuals who have expressed interest.
The Chinese embassy in Greece responds to alleged American ambitions in the port of Piraeus.
Athens
Beijing speaks of a Cold War mentality and a hegemonic logic
The procedure for requesting access to the third year of the Sea Modal Shift grant has been activated.
Rome
Applications must be submitted by December 17th
US cruise group Viking reports strong quarterly performance growth
Los Angeles
The July-September period closed with a net profit of 514.0 million dollars (+35.4%)
Guido Pietro Bertolone is the new president of Fedit
Rome
He takes over from Giuseppe Cela, outgoing president and currently head of Fedit Servizi
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
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
The National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres
Rome
It will be held on December 3rd in Rome
››› Meetings File
PRESS REVIEW
Bulgarian court rejects extradition of Russian owner of a ship linked to Beirut port blast
(ABCNEWS.com)
Three UAE Firms Eye Investment In Kenya's Port, Renewable Energy, And Shipping Projects
(Capital FM Kenya)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Latrofa (AdSP Lazio): the ZLS will make our ports even more attractive for investors, logistics operators, and businesses.
Civitavecchia
The tool - he highlighted - can lead to a qualitative leap in terms of logistical and industrial competitiveness
Container traffic continued to decline at the ports of Los Angeles and Long Beach in October
Los Angeles/Long Beach
Cordero: Consumers will likely see price escalation in the coming months
Pasquale Legora de Feo has been confirmed as president of Uniport
Rome
New Technical Commission for "Cruises and Passengers" established
The expansion of the Suez Canal Container Terminal was inaugurated on Sunday.
Port Said
Capacity increase of 2.2 million TEUs per year
Katoen Natie to acquire 80% of French firm Bils-Deroo Solutions
Luxembourg
The logistics company has nearly 1,500 employees
Danaos Corporation closed the third quarter with a net profit of $130.6 million (+6.2%)
Athens
Revenues up 1.8%
In the first nine months of 2025, Circle's production value increased by +80%
Milan
As of September 30, the value of the group's multi-year backlog had grown by +66%.
APM Terminals to build and operate Laldia Container Terminal at Chittagong Port
Dhaka/The Hague
30-year concession contract signed
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