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20 December 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
July 6, 2012
Sched Netweb site
  • Port Tracker expects European container shipping growth to slow
  • Drewry: Ocean carriers succeed in restoring rates to profitable levels
  • Grand Alliance makes first call at Tacoma after quitting Port of Seattle
  • Port overcapacity looms in China as harbour investment increases
  • Test loading at Barcelona's new TERCAT Muelle Prat Terminal begins
  • China expects to double trade with Chile to US$60 billion by 2015
  • US plant importers provided with DOA website to explain what's legal
  • Transnet's Ngqura South African terminal ready for Liebherr cranes
  • Dimerco claims to be first firm to achieve UKAS ISO28000 cert in Taiwan
  • Chinese interior continues to attract international air freight operations
  • Kunming Changshui Airport opens, hopes to move 2.3 million tonnes a year
  • World's top 10 air cargo carriers, rated Digital Supply Chain

Exim Indiaweb site
JULY 5, 2012
  • Ban on milk imports from China extended by a year
  • Textile exports could fall short of fiscal target
  • APM Terminals Mumbai & other petitioners can levy earlier rates till next hearing
  • Vasan expects Ennore-Manali road project to be ready by June 2013
  • Assocham survey stresses on need to cut RBI lending rates
  • Foreign banks extending low-cost credit to exporters
  • India can learn a lot from eurozone crisis, feels PM
  • India, Mauritius panel to review DTAA
  • Plans afoot to set up regulatory councils to check tea quality
  • Exim Club, Vadodara elects office-bearers for 2012-13
  • France calls for EU carbon tariff on imported goods

International Transport Journalweb site
JULY 5, 2012
  • Euroshore International elects new chairman
    Darren Laguea from Gibraltar has become the new chairman of the association Euroshore International. The Belgian national Hylke Dirickx was elected as his deputy. Euroshore is an i...
  • MSC Germany joining the SPC
    MSC Germany, the national liner agency of Geneva (Switzerland)-based Mediterranean Shipping Company (MSC), the world's second-largest container shipping line, is joining the associ...
  • Dave Ebbrecht of KCS elected to Railinc board
    Dave Ebbrecht, executive vice-president of operations at rail service provider Kansas City Southern (KCS) and its US subsidiaries, was recently elected to the board of directors of...
  • Fifth IL-76TD-90VD freighter joins Volga-Dnepr Airlines' fleet
    The Russian carrier Volga-Dnepr Airlines has added a fifth new IL-76TD-90VD cargo aircraft to its fleet. The modernised 50 t capacity freighter performed its first commercial flig...
  • LUG handles SAA Cargo in Munich
    The air cargo handler LUG has added South African Airways (SAA) Cargo to its Munich customer portfolio on 1 July. LUG is one of the most innov...
  • BNSF investing in Oklahoma to maintain and improve rail capacity
    BNSF Railway Company (BNSF), one of North America's leading freight transportation companies, plans to invest an estimated USD 92 million on maintenance and rail capacity imp...
  • TFG Transfracht now fully integrated into Deutsche Bahn
    The transfer of all shares in TFG Transfracht, Europe's market leader in containerized seaport hinterland transportation services in Germany, to Deutsche Bahn has become legally va...
  • USA: Schneider National Trucks and Commercial Fleet Financing strike a truck ownership deal
    In an effort to further help small business owners in the trucking and transport market, Commercial Fleet Financing (CFF) is working with Schneider National in the USA to provide a...
  • Volvo Group opens new facilities in Peru
    The Volvo Group has opened a new base of operations in Lima (Peru). The USD 17 million, 56,500 sqm facilities serve as a hub for commercial vehicles. The Peruvian base will provide...
  • 4,200 An Post posties deliver top notch service with Zetes track & trace
    An Post, Ireland's national postal operator and one of the country's largest employers, has completed a major project with Zetes to enhance its customer delivery service levels. Th...

Marine Logweb site
JULY 5, 2012
  • Rhode Island Fast Ferry christens new 150 passenger cat
  • Gibbs & Cox wins $10.8 million Navy contract
  • Kings Point welcomes Class of 2016
  • Fincantieri to build caissons for Costa Concordia salvage...
  • MHI to develop dual fuel version of UEC two stroke
  • Pacific Radiance opts for Wärtsilä power generation and...
  • Jotun in milestone agreement with COSCO Container

World Wide Shipperweb site
JULY 5, 2012
  • Interim agreement reached in Port of Portland labor dispute
  • Schnitzer Steel releases third fiscal quarter numbers
  • OOCL honored by agriculture group for customer service performance
  • DOT taps Colonel James Helis to head Merchant Marine Academy
  • Diana Shipping inks charter for dry bulk ship SALT LAKE CITY

Lloyd's Listweb site
JULY 5, 2012
  • MR tanker orderbook growing dangerously
    Rise in orders sparks fears that recovery will be stifled by an upset in the balance between supply and demand
  • Lockout threatens to halt Norway's oil production
    Escalating pension row could wipe 2m barrels from world market
  • CMA CGM to bid on second box terminal at Abidjan
    French container giant offers up to $312.7m
  • Marco Polo banks opt to foresake pools
    Five ships to leave Handytankers, Aframax International and Global Tanker after repossession
  • Oil supplies hold firm despite Iran sanctions
    Tehran's loss is Riyadh's gain as Asia turns to Saudi crude
  • Yildirim aims to become an international ports player
    Ambitions in the port sector can dovetail with group's other commercial ventures
  • Gas carriers, the canal tolls for thee
    Liquefied natural gas carriers hope that tolls to transit the canal are not too high
  • Double whammy hits VLCC spot market
    Refinery shutdown and Saudi companies' deal to merge tanker fleets undermine very large crude carriers
  • Moves to solve the eurozone crisis threaten US recovery
    Key challenges include how Europe resolves its debt crisis and consumer nervousness
  • So Germany is a problem too?
    The US is at direct risk from the crisis-hit eurozone's core, says the IMF
  • Berlin Commerzbank crisis talks end in impasse
    Government and banks will meet shipowners to discuss ways to back ship finance
  • Expenditure on LNG industry to hit $169bn over next five years
    Liquefaction projects to dominate expenditure
  • Banks continue to push up ship finance pricing
    Consultant sees margins climbing 'month by month' and an increased queue of owners at the door of Chinese banks
  • Diana Shipping bets on weak 2014 capesize market
    Greek owner charters out capesize on two-year contract for just $13,000 per day
  • Shipowners face seafarer lawsuits after landmark case against Maersk
    Ex-chief officer wins large pay-out after long hours lead to ill-health and early retirement
  • Belfast's record volumes lift profits
    Northern Ireland's largest port posts 2010-2011 results showing 14% rise in freight vehicles and a 7% rise in throughput to 17.6m tonnes
  • High supramax rates baffle brokers
    Charterers may choose cheaper bulkers if earnings strength continues
  • US dockers' wage talks to resume on July 18
    ILA reports 'encouraging' developments in high-stakes negotiations
  • Shareholder class-action lawsuits target General Maritime bosses
    New York complaint accuses Georgiopoulos, Tavlarios and Pribor of fraud
  • Factions split IMO polar code talks
    Divisions over detail threaten March draft proposal deadline
  • Security industry wants to train navies
    PMSCs argue they could assist overstretched international naval forces
  • Yangzijiang yard makes way for malls
    Shipbuilder takes $113m pay-off as Jiangyin authorities plan waterfront properties
  • Asian shipowners lobby against Panama Canal toll increase
    ASF says short notice for higher charges adds to shipping industry's woes
  • Flurry of sales as Greek bargain hunters buy four capesizes in a week
    Just 10 reported sales in first-half 2012
  • Cargo outlook remains 'critical' for China shipowners
    Shanghai shipping prosperity index will decline in third quarter
  • Wait a minute
    Euphoria seems misplaced over fortunes of Asian boxlines
  • MSC halts northern Europe-Asia and Middle East box bookings
    Container operator says it has no eastbound slots to spare on its ships
  • Maersk Drilling to pump up to $8bn into building seven new platforms
    Chief executive Hemmingson looks beyond current dip in oil price
  • Passenger Shipping Association appoints P&O manager chairman
    Johnson takes the helm as cruise operators face turbulent times
  • US court grants Sanko temporary stay against creditors
    Bankrupt owner says the decision gives it 'necessary breathing room' to plan

Fairplayweb site
JULY 5, 2012
  • SINOPEC plans oil port
    SINOPEC plans to build an oil port at Lianyungang with draught and facilities for tankers up to 300,000dwt, IHS World Markets Energy reported today
  • Sulphur proposal hailed
    FRENCH owners have welcomed an ECSA proposal to exempt some vessels and shipping routes from stricter marine fuel sulphur limits until 2020
  • Buying into Russian grain
    A PRIVATE Russian agribusiness group said it has sold a 10% shareholding to Mitsui & Co, giving that Japanese group preferential trading rights
  • Iran/China oil cargoes stall
    A DISPUTE between National Iranian Tanker and China's SINOPEC over freight costs has delayed delivery of 12M barrels of Iranian crude, IHS World Markets Energy reported today
  • Older ships seen as Arctic safety hazards
    OLDER ships pose the most dangers on polar routes, a shipping conference was told today at the London headquarters of the Royal Institute of Naval Architects
  • Gunvor aids Congo inquiry
    GUNVOR, the influential Russian oil trader based in Geneva, has confirmed its co-operation with a criminal investigation by federal Swiss police and prosecutors
  • ICTSI acquires all of Indonesian port facility
    PHILIPPINES port operator ICTSI confirmed to Fairplay today it now fully owns a port facility in Indonesia's Tanjung Priok
  • Sanko granted US Chapter 15 protection
    SANKO Steamship, which filed for bankruptcy protection in Japan on 2 July, said today it has received Chapter 15 relief in the US
  • CMA CGM bidding for Abidjan terminal
    CMA CGM has joined the bidding for building and managing a second box terminal at Abidjan in Ivory Coast
  • Yangzijiang shares surge
    SHARES of Singapore-listed Yangzijiang closed higher today after the Chinese builder said it would receive a payout for relocating its yard in Jingjiang, Jiangsu province
  • NOL lays off 500 workers
    SINGAPORE'S NOL has laid off about 500 workers globally, as it restructures to improve earnings, Fairplay was told today
  • Stena confirms orderbook boost
    SWEDEN'S Stena Bulk and Concordia Maritime said they have ordered four MR-class chemical/products tankers at Chinese builder Guangzhou Shipyard International
  • Australian wheat exports seen imperiled
    AUSTRALIA's wheat exports might drop almost 10% year on year to 20.5M tonnes in 2012-13 because of dry weather, the US Department of Agriculture has warned
  • Drybulk knock-on from Panama feared
    THE PANAMA Canal's expansion will cut tonne-mile demand for drybulk shipping once it is completed in 2014, a shipbroker warned today

The Journal of Commerceweb site
JULY 5, 2012
  • US Major Railroads See Intermodal Volume Rise 7 Percent
    Intermodal shipments on major U.S. railroads in the week ending June 30 rose 7 percent year-over-year and 3 percent compared...
  • Class 8 Truck Orders Stall in 'Soft Patch'
    Heavy duty truck orders were soft in June, as motor carriers concerned by rising truck prices, tight financing and a...
  • Long Beach Offers Rail Incentives to Shipping Lines
    The Port of Long Beach plans to provide an incentive payment to ocean carriers in hopes of attracting more intermodal...
  • DP World Sells Australia Terminal Stake for $138 Million
    DP World Australia said it received $138 million from the sale of its 60 percent shareholding in Adelaide Container Terminal...
  • Slow Economy Not Hindering Transport Acquisitions
    Trucking operator Saia didn't have to look far for a logistics company to buy - Robart Transportation was only about...
  • US Files WTO Complaint Against Chinese Auto Duties
    The United States on Thursday filed a trade complaint with the World Trade Organization challenging Chinese duties placed on more...
  • Asia-Europe Rates Rebound After Eight Weeks of Declines
    After eight straight weeks of declines, average spot rates on the westbound Asia-Europe trade jumped by 13.1 percent on July...
  • ODFL Expands in California, Florida
    Trucking giant Old Dominion Freight Line is expanding its less-than-truckload network, opening new terminals in Southern California and Florida. ODFL...
  • CMA CGM in Consortium Planning Abidjan Container Terminal Bid
    French ocean carrier CMA CGM said it is a member of a consortium that plans to bid and invest between...
  • Indian Court Stays Decision on Rate Cut at Nehru Terminals
    An Indian High Court of Appeals temporarily set aside tariff reductions ordered by port regulator Tariff Authority for Major Ports...
  • Brazil Customs Slowdowns Continue
    Slowdowns by Brazilian customs offices continue to delay shipments at seaports and airports. Customs officers last month announced plans...
  • Trans-Pacific Spot Rate Falls for First Time in Three Weeks
    Average spot rates on the eastbound trans-Pacific trade lane fell 6.7 percent this week, in the first drop since carriers...
  • Panalpina Opens Four Global Logistics Centers
    Panalpina, the global freight forwarding and logistics group, has opened four new logistics competence centers around the world, supported by...
  • Hapag-Lloyd Extends Europe-Asia Peak Surcharge
    Hapag-Lloyd said it plans to extend a $250 per 20-foot container peak-season surcharge imposed May 1 on Europe-Asia trades through...
  • T.S. Lines Joins China-India Express Service
    Taiwanese ocean carrier T.S. Lines is joining the China-India Express (CIX) service operated by Hyundai Merchant Marine, effective this month....

Containerisation Internationalweb site
JULY 5, 2012
  • Interest in Abidjan terminal grows
    Interest in the bidding for the second container terminal in the port of Abidjan, Cote d'Ivoire, appears to be growing if local reports are anything to go by, with ...
  • It is all about confidence
    There is nothing more intriguing than hearing the views from those at the sharp end of an industry on how they see the future. The quarterly Shipping Confidence ...
  • Norbert Dentressangle gets further into forwarding
    Norbert Dentressangle has agreed to take over the freight forwarding activities of the Sri Lankan conglomerate John Keells Group following a share purchase agreement ...
  • TCB gears up for tougher competition
    Barcelona Container Terminal (TCB) has taken delivery of six new straddle carriers from Terex in order to improve operational efficiency. The equipment can stack ...
  • Warning signs for US economy
    A key barometer of the US economy the Institute for Supply Management Index plunged dramatically in June to register 49.7 - the first time that the index has fallen ...
  • Ngqura's upgrades continue
    Durban (South Africa)-based Transnet Port Terminals (TPT) is to commission two new super post-panamax ship-to-shore gantry cranes at its Ngqura Container Terminal ...
  • ICTSI 'ramps up' handling capacity at MICT
    Manila-based International Container Terminal Services Inc (ICTSI) has commissioned a sixth berth at its flagship Manila International Container Terminal (MICT) ...
  • MSC acquires stake in Crossrail
    MSC has acquired a 10% stake in Switzerland-based Crossrail, one of Europe's few remaining independent railway companies. The move forms part of a long investment ...
  • DP World sells Adelaide terminal
    DP World has sold its 60% shareholding in Adelaide Container Terminal to its partner Flinders Ports. The latter now has full control of the facility, which was ...
  • Gefco to take over majority of GM logistics in Europe
    General Motors and PSA Peugeot Citroen have reached a long-term, exclusive agreement to transfer the majority of GM's logistics business in Europe to Gefco in 2013. ...

TradeWindsweb site
JULY 5, 2012
  • 'BLT not Eitzen'
    Stolt-Nielsen has played down its interest in taking over the fleet of struggling compatriot Eitzen Chemical.
  • Crewman dies on tanker
  • Penn backs under fire Baltex
    Baltic Exchange chief executive Jeremy Penn has rallied to the defence of the organisation's online trading platform Baltex following heated criticism at today's annual shareholder's meeting.
  • Don't rescue me!
  • Diana takes another hit
    Diana Shipping has inked its second period charter of the week at a huge paycut.
  • Sanko: "We will survive"
    Hisashi Asafuji, newly appointed president of Sanko Steamship, is promising he will rebuild the company after putting it into court receivership but is warning owners he wants to renegotiate contracts and axe its most costly charters to save the company.
  • Chinese yard fails to recover
    Chinese shipbuilder Yangzhou Guoyu has failed in a bid to get summary judgment against Emporiki Bank over a payment guarantee on a supramax newbuilding.
  • Saade plots $300m splash
    CMA-CGM is ready to take part in a $300m container terminal project in the Ivory Coast, according to Rodolphe Saade.
  • Greek in cape press
    Dynacom has expanded its presence in the depressed capesize market after completing the purchase of a former Deiulemar newbuilding, brokers say.
  • OCBC praises NOL efforts
    A combination of higher freight rates, lower bunker prices and tough cost cutting measures should spell a turnaround in fortunes for Neptune Orient Lines, an analyst has said.
  • Cargoship lost off India
    A Maldivian vessel has been arrested after a towing operation led to another cargoship sinking off India.
  • Dockwise into the 90s
    Dockwise has tightened its grip on Faristar after grabbing another batch of shares in its rival.
  • DFDS clicks into gear
  • Boson no help for bulk
    There are lots of Higgs bosons around but the discovery that is making headlines around the world appears to offer no short term solution to the crisis in dry bulk shipping.
  • Windfall proves costly
  • Win win for Yuanlin
    Relocation of Yangzijiang Shipbuilding's Jiangsu yard has played into the hands of the Singapore-listed company, analysts say.
  • Sanko to defend assets
    Bankrupt Japanese shipowner Sanko Steamship has vowed to take whatever legal action necessary to protect its assets from creditors worldwide.
  • Stolt strong in second
    Stolt-Nielsen's second quarter results have stacked up well against market expectations.
  • Traf boosts LPG presence
    Trafigura has expanded its presence in Africa's LPG business with the acquisition of a terminal in Senegal.
  • Pallas wins charter cash
  • Japan eyes Iran bookings
    Japanese shipowners are expected to charter out two VLCCs to lift Iranian crude in late July, the first bookings since EU sanctions created a P&I headache.
  • NOL completes cutbacks
    Neptune Orient Lines (NOL) says it has completed the organisational restructuring plan unveiled in May.
  • Ultrabulk orders ECO ship
    Ultrabulk is the latest shipowner to join the ECO-design bulker newbuilding bandwagon with orders for up to two ships.
  • Maersk seals Statoil gig
    Maersk Drilling has secured a potential three-year charter from Statoil for one of its jack-up drilling rigs.

American Shipperweb site
JULY 5, 2012
  • FedEx finalizes Rapidão Cometa buy
    The Memphis, Tenn.-based company said this is the latest step in an overall strategy for growth in Latin America and the Caribbean. It first announced the intent for acquire Rapidão Cometa at the end of May.
  • Celadon buys Hinder Transport assets
  • Ex-Commerce secretary not charged in auto accidents
    John Bryson has been absolved of any wrong doing in a series of odd hit-and-run accidents last month in Southern California that led to his resignation, according to multiple news accounts.
  • FMC reviews 20 OTI license applications
  • Africom builds logistics services for Africa
  • Transcom contracts worth $6 billion
  • Export.gov Website to get facelift
    The U.S. Commerce Department portal, loaded with news, advice, tutorials and information about programs across the federal government, is designed to help companies get started exporting or expand their activity.
  • Hapag-Lloyd seeks increased Asia-Europe revenue
  • Toll sells refrigerated truck business
  • Panalpina opens 4 best practices centers
  • U.S. fleet laments transportation bill provision
    U.S.-flag shipping advocates are expressing alarm over a provision in the surface transportation bill passed by Congress last week that they say could result in a third less food aid cargo being transported on U.S.-flag vessels.

The Bunker Bulletinweb site
JULY 5, 2012
  • Bunker prices climbing in Middle East and Africa
    Price trends mixed in Durban.
  • European markets firming on Thursday
    Quiet market in Hamburg.
  • ExxonMobil introduces 'variable-sulphur cylinder oil'
    Mobilgard 560 VS can 'enhance operational performance'.
  • Emulsion-fuel producer forges new business link
    Quadrise hopes to leverage Nexidea's position as an adviser to refiners in Central and South America.
  • Julian Macqueen joins Petromedia
    'His extensive experience in reporting on the Maritime Sector will prove invaluable,' says Petromedia CEO.
  • Iran discusses nuclear-powered merchant ships
    Legislators call for merchant fleet that 'would not need to bunker in foreign ports'.
  • Fuel oil stocks in Singapore hit two-year high
    Rising July market attracts more fuel oil cargoes.
  • Bunker prices make gains in Asian ports
    No problems with avails.
  • Chinese coastal fleet seeks international business
    Vessels could have 'massive impact on the international freight market'.
  • Ultrabulk marks first 'eco-ship' order
    Danish owner chalks up first eco-ship order.
  • Malaysian 'bunker island' project seeks 30 year tax break
    Asia Petroleum Hub has rights to construct and operate bunkering facility on island off Johor.
  • Widening price differentials hit Chinese bunker sales
    Sinopec Zhoushan saw bunker sales fall 7% in June.
  • Pertamina plans $1.5 billion upgrade for Borneo refinery
    Balikpapan refinery produces a variety of petroleum products including marine gas oil.
  • Bunkers Gibraltar charters bunker tanker from Swedish firm
    M/T Pallas Glory is 3,350 dwt.

›››File
FROM THE HOME PAGE
The level of connection of Italian ports to the network of containerized maritime routes is growing
Geneva
The only exception was Trieste, which recorded a decrease of -12.3%.
Carnival Corporation Says 2025 Was Its Best Year Ever
Carnival Corporation Says 2025 Was Its Best Year Ever
Miami
Reintroduction of dividend distribution announced
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
Bank of China finanzia l'acquisto della Grande Melbourne di Grimaldi Euromed
Importo di 57 milioni di euro
GeneSYS Informatica (Fratelli Cosulich) has acquired 51% of the capital of Navimeteo
KSOE wins $466 million order for four container ships
Lysaker/Seongnam
NYK and Ocean Yield Award Order for Four New LNG Carriers
ONE's Adriatic Service 1 will also make stops at the port of Ancona
Singapore
The line to Damietta has a weekly frequency
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
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
Fincantieri and WSense reach agreement on underwater monitoring and communication technologies for maritime infrastructure.
Trieste/Milan
Among the objectives, safety, predictability and control in port activities
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
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
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
In 2024, the turnover of the main Italian port container terminals grew by +8.1%
Milan
Traffic increased by +3.4%
Corsica Sardinia Ferries has purchased the Stena Vision ferry
Vado Ligure
It will be renamed "Mega Serena"
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
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%
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