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07 February 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
March 5, 2012
The Business Timesweb site
Shipping News
  • Baltic index's gain smallest in six sessions
    The Baltic Dry Index, a measure of global commodity-shipping costs, gained the least in six sessions on Friday as a surplus of vessels prevented owners from boosting freight rates.
  • IMO set to clash with EU on vessel CO2 emissions
    The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide (CO2) emissions from international shipping, putting it on a policy collision course with the European Union, observers said last Saturday.

Sched Netweb site
  • Asia-Europe rates soar 71pc to US$1,412/TEU as transpacific slips 0.8pc
  • CMA CGM ups Asia-Europe rates US$408/TEU, adds 5 surcharges from April
  • New MSC ship accident: 4,437-TEU Carole runs aground on reef off Jakarta
  • OOCL raises rates on southeast Asia-Oz trade US$200/TEU from April
  • Sydney's Port Botany volume increases 2pc to 621,000 TEU in 2011
  • SeaCube box lessor 2011 profit rises 27pc to US$44 million, sales up 23pc
  • Guangzhou and Maoming joins hands on port projects
  • OOCL switches terminals in New York and Le Havre on Atlantic Express loop
  • Bangladeshi exporters lose their Singapore bypass service to China
  • Delhi earmarks US$305 million to dredge Mumbai's JN port to 14 metres
  • Union Pacific CEO Young takes leave for pancreatic cancer treatment
  • Asia Maritime 2012 holds 3-day Singapore conference March 14-16
  • Erratum: Asia-West Africa Trade Agreement GRI notice wrongly dated
  • Evergreen links up with NYK, Hanjin, Hyundai on South America service
  • China Southern experiments with Shanghai-Sydney cargo flight service
  • Royal Jordanian EU carbon tax surcharge unsettles Indian forwarders
  • Changi Budget Terminal closes Sept 25, to be replaced by Terminal 4

Exim Indiaweb site
  • Adoption of global containerised freight e-commerce continues to expand
  • APM Terminals Inland Services inks MoU to start CFS operations in Kochi
  • Capesize charter costs could drop further
  • Govt mulls insurance cover for ships moving Iran oil
  • Lift and Shift achieves an extraordinary high in heavy lift/project cargo transport in India
  • Rear Admiral (retd) Shrawat appointed Mazagon Dock CMD
  • Shippings impact on world oceans well regulated: ICS
  • Tolani Shipping assures full cooperation in investigation into collision incident off Kerala coast
  • Vijay Tanks & Vessels ships colossal storage sphere to Australia
  • Customs duty hike on power gear imports to be announced in Budget
  • Exports increase 10.1 pc in Jan. to $ 25.34 bn
  • Exports to Iran to increase, says Fieo
  • Iran pays Indian exporters in rupees
  • Ministry plans hike in steel import duty
  • ' slips to 3-wk low of 49.50/51
  • EU steps have eased global slowdown threat: IMF
  • Forex reserves zoom to $295 bn
  • Trade deficit nears $ 150 bn
  • India, China plan maritime dialogue to augment trust
  • India's largest zinc sulphate plant inaugurated
  • Combined WWPC power moves 54 wind turbines from Spain to Ethiopia via Djibouti
  • Multitrade Spain manages massive 336 railcar transportation project from Spain to Venezuela
  • Rickmers-Linie expands China coverage

Marine Logweb site
MARCH 2, 2012
  • Germany's FSG books order for versatile project cargo duo
  • Statoil to invite tenders for a new type of jack-up rig
  • Coast Guard detains Singapore-flagged car carrier

World Wide Shipperweb site
MARCH 2, 2012
  • Celebration marks arrival of Emirates flights to Sea-Tac
  • U.S. railroads post up/down numbers for week
  • NYK Group earns recognition for 2011 environmental report
  • Olympia Port Commission Oks deal with Lorig Associates
  • Coast Guard taps Seattle native as top reserve enlisted person

Lloyd's Listweb site
MARCH 2, 2012
  • Shipping defaults could wipe out some banks' equity
    Germans in firing line due to KG exposure
  • SCFI gains a fifth as Asia-Europe box rates soar
    Surge in Shanghai Containerised Freight Index provides further evidence of box lines' success in ramping up westbound rates from Asia
  • Can the Asia-Europe boxlines make spring rates hikes stick?
    Newbuildings threaten further imbalance between supply and demand
  • NYSE to delist Horizon Lines common stock
    Jones Act liner major loses appeal against October suspension notice
  • Petrobras books Euronav ULCC for storage
    Brokers report TI Europe fixed for six months, with options, at just $20,000 a day
  • Optimistic DVB to hike lending in 2012
    Banker worried about shipbuilding capacity and run-down ships
  • Höegh LNG inks 10-year charter with Lithuania for newbuilding regas unit
    Norwegian company says deal will generate $50m a year
  • SISI sees slower growth in global cargo throughput this year
    Lacklustre global economy weighs on sentiment
  • Goldman Sachs and Fredriksen linked to Torm restructuring
    Investment bank tight-lipped over reports of proposed equity deal
  • NewLead opts for one-for-five reverse split
    Greece-based owner moves to regain compliance with Nasdaq rules on minimum bid price
  • Brokers' hopes dashed as capesize rates flatten
    Chinese new year bounce-back proves short-lived
  • Chinese iron ore imports under threat from ramped-up domestic mining
    Mixed signals regarding 2011 demand for foreign iron ore could hit capesize market
  • Lloyd Fonds KG fund in insolvency threat
    Fund seeks fresh capital amid a wave of insolvencies
  • Bashing the bankers
    Defaults are putting lenders under severe stress
  • Lyttleton Port Christchurch defers cruise berth decision
    New Zealand construction costs soar after earthquake
  • MEND offers to negotiate release of crew held by Nigeria pirates
    But expert suggests links between pirates and anti-oil militants
  • Will GRIs come to grief?
    It is far too early to hail last week's rate hikes as a success
  • UK government shuns industry-led standards for armed guards
    Lancaster House conference on Monday will take first steps creating new regime
  • Oriental Precision placed under creditors' restructuring
    South Korean machinery maker suffers amid industry woes
  • SCI cancels Iranian crude shipment after insurers deny coverage
    Suexmax fixture halted last month ahead of tougher European sanctions
  • Statoil to tender new type of $500m rig
    Norwegian oil group will use 'cat J' rigs to drill in mature oil fields off of Norway
  • Japanese buyers seek force majeure for Iran contracts
    Pressure builds to add clause to insurance agreements from April
  • Ezra builds warchest for subsea projects
    Singapore-listed offshore contractor sells 5.6% of its stake in Ezion
  • Second ballast water system taken off the market
    Pulled technology had secured type approval
  • Ningbo box volume growth soars in February
    Shippers scramble to move cargo ahead of Asia-Europe price hikes
  • Capital market enthusiasm for shipping remains muted, owners told
    IPOs are currently viable for LNG carrier owners but the sector is an exception
  • Detained Beluga Participation in insolvency case
    Questions who owns vessel held in Mumbai
  • Hanjin joins April general rates push
    South Korean boxline plans $400 per teu hike on Asia-Europe trades

Fairplayweb site
MARCH 2, 2012
  • Cruising grilled on taxes
    A PROMINENT US lawmaker has questioned whether the cruise industry is paying its fair share of US taxes
  • NewLead goes for split
    NEWLEAD Holdings today announced a 1-for-5 reverse stock split to bring its share price comfortably above NASDAQ's minimum
  • Allied stuck in crosshairs
    GREEK drybulk operator Allied Maritime is being besieged by legal action and allegations of unpaid bills, court documents reveal
  • Three found guilty in 1988 ferry terrorism
    A FRENCH court today convicted three men for their part in a 1988 terrorist attack on a Greek ferry that left nine people dead and 100 injured
  • Far East/Europe box rates jump
    SPOT RATES on key Far East/Europe trade lanes jumped markedly higher this week, driven by liners' push for increases, Arctic Securities said
  • Pacific Basin shares rally
    HONG KONG drybulk shipper Pacific Basin's shares today closed 6% higher at HK$4.23 ($0.545), despite posting lower annual profits yesterday
  • Maybulk seen coiled for S&P strike
    MAYBULK, which has been largely absent from the S&P and newbuilding markets, might be returning this year, a shipping analyst said today
  • UK deals focus on pirate suspect transfers
    THE UK has initiated a range of steps to counter piracy since last week's Somalia conference
  • Nickel drives Supramax surge
    THE INFLUX of coal and nickel ore cargoes has sparked a Pacific Supramax rate climb this week
  • ISS pushes into logistics
    ISS CEO Claus Hyldager has completed the port agency specialist's restructuring, which he told Fairplay would "ensure balance across the regions, yet provide much-needed flexibility"
  • VLCCs rise on March coverage
    CHARTERING of VLCCs has surged this week with players rushing to cover voyages for the last two weeks of March

The Journal of Commerceweb site
MARCH 2, 2012
  • Horizon Boosts Rates on Puerto Rican Trade Lanes
    Horizon Lines said Friday it will raise freight rates on cargo moving between the U.S. and Puerto Rico as of...
  • Trans-Pacific Containerized Trade: Interactive Graphic
    How many TEUs did Japan export to the U.S. in 2009? What is the forecast for U.S. containerized trade with...
  • Rate, Surcharge Update for Week of Feb. 27- March 2
    Mediterranean Shipping imposed a general rate increase on westbound cargo from India to North Europe and the...
  • Pantos Logistics Opens Dutch Logistics Center
    Pantos Logistics recently opened a roughly 31,000-square-foot logistics center near the Port of Rotterdam to distribute vehicle parts across Europe....
  • India's Port Nehru Gets Closer to Handling Larger Ships
    The Port of Jawaharlal Nehru (Nhava Sheva) will be able to handle deep-draft vessels and expand throughput capacity in roughly...
  • James River Coal Expects Shipment Growth via CSX, NS
    James River Coal in 2012 expects to ship at least 3.3 percent more coal from the Midwest and Central Appalachia...
  • West Coast Ports' Long Haul
    When U.S. ports in the Pacific Northwest talk about rival Prince Rupert, British Columbia, words such as "diversion" and "unfair...
  • Currency for Trade
    February's visit to the U.S. by China's likely next leader, Xi Jinping, provides policymakers and business leaders in both countries...
  • Export Growth Loses Steam
    U.S. containerized exports started 2011 with a bang before slowing in the fourth quarter, but the outbound business finished the...
  • Mixed Bag in Asia-US Trade
    2011 was a year of contrasts in the Asia-U.S. trade. U.S. containerized imports from Asia were essentially flat, inching up...
  • Port Possibilities
    Republicans are hoping the bankruptcy of solar panel manufacturer Solyndra will create a Watergate-like scandal for Democrats. The GOP is...
  • Trucking Pioneer Henry Vander Pol Dead at 95
    Henry Vander Pol, a trucking pioneer who helped establish two motor carriers in the Pacific Northwest, died Wednesday in Auburn,...
  • EEOC Sues Celadon Trucking For Illegal Medical Exams
    The U.S. Equal Employment Opportunity Commission is suing Celadon Trucking for allegedly requiring prospective employees submit to illegal medical tests....
  • Celadon Trucking Acquires Teton Assets, Drivers
    Celadon Trucking will get trucks, trailers and, perhaps most important, badly needed truck drivers from its purchase of Teton Transportation's...
  • Union Pacific CEO Young Takes Medical Leave
    James Young, chairman, president and CEO of Union Pacific Corp., the largest U.S. railroad, will take a medical leave of...
  • 2 Million TEU Port to Open in UAE in Late 2012
    The Abu Dhabi Port Co. plans to open a port with an initial annual capacity of 2 million 20-foot equivalent...
  • Indexing World Trade
    At times, it seems the only thing shippers, forwarders and carriers share is a common mantra: They say they want...
  • Swapping Data
    It's fine to have an opinion but better to base the opinion on facts, especially if millions of dollars are...
  • New Winds Blowing
    As the industry gathers in Long Beach this week for the 12th Annual TPM Conference, shippers face a more complex...
  • Looking Ahead
    When shippers, ocean carriers and others gathered for The Journal of Commerce's annual Trans-Pacific Maritime Conference three years ago in...
  • Broker Caught In the Line of Fire
    Q: You've addressed the issue of brokers paying carriers and carriers not paying subcontractors many times, yet I find myself...
  • Hanjin Will Boost Asia-Europe Rates Again
    Hanjin Shipping joined other carriers on Friday in announcing a second round of freight rate increases on its westbound Asia-Europe...

Containerisation Internationalweb site
MARCH 2, 2012
  • Auckland port dispute to end in court
    That seems to be the only way forward from the intransigence emitting from both the Port of Auckland's [PoA] management and the Maritime Union of New Zealand's ...
  • MSC transfers big vessels into transpacific tradelane
  • Bunkers spike another USD13 in morning trade
    Ocean carriers and short-sea operators are nervously watching the oil markets again after the cost of Rotterdam-sourced IFO 380 soared by USD13 per tonne in trading ...
  • DFDS slips in Q4 11
    Denmark-based DFDS saw its profitability slump in Q4 2011. Compared to Q3 11, its revenue fell by 12%, down to DKK2,746 (USD479) million, out of which operating ...
  • MSC boxship sub-let from Maersk, owned by Seaspan steams into Jakarta reef
    APL - which has a slot charter agreement with Maersk Line on its China - Australia - New Zealand VSA service operated by the Danish carrier and Geneva's MSC - has ...
  • CMA CGM joins rate increasing bandwagon
    CMA CGM has joined the list of ocean carriers seeking a second bite of the freight rate cherry in the tradelane from Asia to Europe. It has announced that it will ...
  • Eurozone jobless hits new record, but pain mainly in Spain
    Unemployment in the 17 nation eurozone rose again in January to 10.7% - there are now 16.9 million people out of work in the single currency states. However, the ...
  • RCL also suffers from 'weak shipping environment'
    Posting a full-year net loss of THB780 (USD25.8) million for 2011, Thai-based intra-Asia carrier, Regional Container Line [RCL], said that 'continued over-capacity ...

TradeWindsweb site
MARCH 2, 2012
  • SBLK cape in Turkish scrape
    Jewel of Star Bulk Carriers' capesize stable out of commission after scraping bottom on entry to port of Eregli.
  • BLT enlists reinforcements
    Cash-strapped Indonesian owner crowns restructuring commander as concerns over depth of financial troubles mount.
  • NewLead readies split
    Greek owner lines up cure for Nasdaq deficiencies as share price lingers below key threshold.
  • Solvang back at HHI
    Oslo-listed LPG operator returns to Korean yard for a second Very Large Gas Carrier.
  • Threat sparks ship evacuation
    Passengers disembarked as crew conduct security sweep of ship after hoax message.
  • Troim: no rush with cash
    John Fredriksen's lieutenant says tycoon will take his time before splashing the $1bn burning a hole in his pocket from Seadrill share sale.
  • SBM Offshore takes a $1bn hit
    Eyewatering impairments push Dutch offshore specialist to a massive loss as platform pain goes on.
  • Yard in bankruptcy fight
    Mykolaiv court starts proceedings against Chernomorsky two weeks after it posted annual profit.
  • Nigerians confirm capture
    Trio of seafarers snatched from a Dutch reefer off the coast of Nigeria this week are alive and well.
  • Sinochem saves Dorval
    Japanese tanker owner planning joint venture with Chinese petrochemical trader in bid to take it out of court administration.
  • Tzitzis and Papalios team up
    Greek owners in the market for tonnage for Icon Shipping partnership
  • Farstad ditches old Ladies
    Karl-Johan Bakken-led company sells early 80s built anchor handlers.
  • Matching investment and talk
    Derivatives defended, the merits of avoiding business contraction and fitting in time for sleep in a crisis.

American Shipper - Ocean newsweb site
MARCH 2, 2012
  • K+N offers wireless temperature control
  • Conrad: Smaller TP lines a 'barometer of the trade'
  • Coast Guard detains ship in Portland
  • Union Pacific CEO takes medical leave
  • Delmas adds Algeciras to 5 West Africa loops
  • Hanjin raises Asia-Europe rates
  • Blue Tree, McLeod Software integrate
  • Pantos opens in Holland
  • Mercedes promotes FleetBoard in Ireland
  • CMA CGM's Asia-Europe rate increase plans

The Bunker Bulletinweb site
MARCH 2, 2012
  • Bunker prices surge across the Americas
    Demand in Cartagena was busy due to low volumes, according to players in the region.
  • Global bunker market experiences volatile week
    Bunker prices experience volatile week on back of a tense crude market falling victim to supply rumours.
  • Emulsion fuel producer gains increasing investor attention
    Investors looked for more information on why shares in producer of emulsion fuels had risen almost 50% in three days.
  • No consensus on outstanding part to GHG agreement
    Disappointment at MEPC 63 as a resolution needed before a new part of MARPOL Annex VI enters into force remains contested.
  • New fuel efficiency monitoring system launched
    Transas estimates that optimal operation of technology could lead to fuel savings of approximately 5%.
  • Bunker prices jump in European ports
    NYMEX showing losses of more than $1 in early trading.
  • Gazpromneft Marine Bunker looking for 10% growth
    New barge acquired for St. Petersburg operations.
  • Prices firm across Middle East and Africa
    Quiet market activity in Suez.
  • Reefer company reports widening losses
    Blames high bunker prices and falling freight raters.
  • Sanctions against Iran hit Fujairah bunker market
    'Fujairah's loss and a big gain for Singapore,' says trader.
  • Bunker prices firming in key Asian ports
    Demand 'below average', say traders.
  • US agencies finalise restoration plans of Cosco Busan spill
    A total of $32.3 million will be spent on a variety of restoration projects, says NOAA.
  • Norway-based shipowner orders second LNG-powered forage carrier
    Rolls Royce NVC 401 Forage Carrier powered by Bergen C-Series gas engine.
  • 'Strong performance' in Grindrod's bunker business
    Company says it is in discussions for the 'potential' sale of 50% of its bunker business.
  • US bankruptcy court approves Genmar disclosure statement
    Approval of disclosure statement allows Genmar to solicit approval of reorganisation plan.
  • Sinopec Zhoushan monthly bunker sales volume down 15%
    Company sold 187,600 mt of bonded bunkers in February 2012.
  • Markets in the Americas fluctuate on crude concerns
    Crude oil prices rose above $110 a barrel for the first time since May.

›››File
FROM THE HOME PAGE
SEAFARERS
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
LOGISTICS
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
SHIPPING
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.
PORTS
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%.
PORTS
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%)
PORTS
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
PORTS
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
PORTS
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%)
SHIPPING
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
SHIPPING
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%)
PORTS
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
PORTS
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.
PORTS
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
PORTS
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PORTS
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
INDUSTRY
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.
PORTS
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
CRUISES
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.
PORTS
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.
RAILWAY TRANSPORT
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
RAILWAY TRANSPORT
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
PORTS
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%
CRUISES
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
SHIPPING
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.
PORTS
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
PORTS
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
TRUCKING
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
NEWS
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
SHIPPING
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
SEAFARERS
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
PORTS
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
PORTS
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
RAILWAY TRANSPORT
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
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.
PORTS
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
PORTS
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
SHIPPING
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.
SHIPPING
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%
PORTS
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
SHIPYARDS
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
SHIPPING
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
PORTS
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
PORTS
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
LOGISTICS
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%)
PORTS
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%)
PORTS
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.
NEWS
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
RAILWAY TRANSPORT
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
SHIPPING
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
CRUISES
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%
PIRACY
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
FREIGHT TERMINALS
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
SHIPYARDS
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
PORTS
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
PORTS
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%
PORTS
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
PORTS
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.
SHIPPING
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.
PORTS
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
PORTS
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
PORTS
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
PORTS
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.
SHIPPING
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
PIRACY
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
PORTS
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
COMPANIES
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.
SHIPPING
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
SHIPYARDS
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
NEWS
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.
COMPANIES
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.
PORTS
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.
PORTS
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
PORTS
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
PORTS
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.
SHIPPING
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%)
PORTS
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.
PORTS
Cargo traffic in Chinese seaports grew by 5.8% last month.
Beijing
Foreign cargoes increased by 8.2%. Containers increased by 8.9%.
TRUCKING
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.
TRUCKING
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?
PORTS
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
SHIPPING
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
ENVIRONMENT
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
PROGRESS AND TECHNOLOGY
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
ENVIRONMENT
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
PORTS
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
LOGISTICS
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
INDUSTRY
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.
COMPANIES
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
SHIPPING
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
ACCIDENTS
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
INTERMODAL TRANSPORT
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
SHIPPING
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
AVIATION
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
PORTS
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
SEAFARERS
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
ASSOCIATIONS
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
PORTS
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
SHIPPING
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
INSTITUTIONS
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
PORTS
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
PORTS
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
INDUSTRY
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
LAW
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
COMPANIES
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
COMPANIES
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
SHIPPING
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
SHIPPING
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
SHIPPING
ICS has published its periodic analysis of flag state performance
London
COMPANIES
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.
PORTS
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
SHIPPING
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.
PROGRESS AND TECHNOLOGY
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.
PORTS
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
PORTS
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
PORTS
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
DEFENCE
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
INDUSTRY
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
SAFETY & SECURITY
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
PORTS
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
INDUSTRY
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
YACHTING
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
PORTS
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
MOURNING
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"
PORTS
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
INTERMODAL TRANSPORT
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
COMPANIES
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
PORTS
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
SHIPPING
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
FREIGHT TERMINALS
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
SHIPPING
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
PORTS
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
MARINAS
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
OFFSHORE
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
LOGISTICS
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
PORTS
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
SHIPPING
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.
SHIPPING
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
COMPANIES
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
SHIPPING
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
SHIPPING
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
INDUSTRY
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
SHIPPING
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
INTERMODAL TRANSPORT
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
PORTS
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
PORTS
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
SHIPPING
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
CRUISES
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
COMPANIES
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
LOGISTICS
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
PORTS
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
SHIPYARDS
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
PORTS
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
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
INFORMATION TECHNOLOGY
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.
PORTS
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
OFFSHORE
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
PORTS
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
INDUSTRY
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.
FINANCING
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
LOGISTICS
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
SAFETY & SECURITY
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
COMPANIES
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
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
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
››› 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
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
ACCIDENTS
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.
COMPANIES
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
PORTS
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
COMPANIES
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
SHIPPING
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
RAILWAY TRANSPORT
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
OFFSHORE
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
FREIGHT TERMINALS
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
SHIPPING
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
RAILWAY TRANSPORT
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
DEFENCE
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
INTERMODAL TRANSPORT
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
ACCIDENTS
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
SHIPPING
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
PORTS
Port of Gioia Tauro: Anchorage fee reduction approved again
Gioia Tauro
A total sum of 1.5 million euros has been allocated
LAW
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.
INTERMODAL TRANSPORT
Hupac will launch a new shuttle train service between Duisburg and Novara.
Noise
Schedule six rotations per week
PORTS
Ferry docking slots for Piombino and Elba Island in 2026 have been assigned.
Livorno
PORTS
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
CEREMONIES
The new hydrofoil terminal at the port of Messina will be named after a victim of femicide.
Messina
The initiative to remember Omayma Benghaloum
PORTS
Three new e-RTG yard cranes have arrived at the PSA Venice-Vecon terminal
Venice
Investment of 8.5 million euros
SHIPYARDS
Fincantieri delivers second multipurpose combat ship to the Indonesian Navy
Trieste
Ceremony at the Muggiano shipyard
JOBS
The employment contract renewal for transport and logistics company managers has been signed.
Rome
Signed today by Manageritalia and Confetra
SHIPPING
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
RAILWAY TRANSPORT
Brussels has approved the loan to rescue the rail freight company Lineas.
Brussels
Sixty-one million euros granted by the Belgian government
RAILWAY TRANSPORT
Green Mobility Partners and KKR Partner to Create European Rail Leasing Platform
Frankfurt
American company invests in GMP
OFFSHORE
Saipem wins offshore EPCI contract in Qatar
Milan
The contract is worth approximately $3.1 billion.
INDUSTRY
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
COMPANIES
GeneSYS Informatica (Fratelli Cosulich) has acquired 51% of the capital of Navimeteo
SHIPYARDS
KSOE wins $466 million order for four container ships
Lysaker/Seongnam
NYK and Ocean Yield Award Order for Four New LNG Carriers
SHIPPING
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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