BRIEFS

testata inforMARE

21 February 2026 - Year XXX

Independent journal on economy and transport policy

14:30 GMT+1

BRIEFS

January 16, 2012

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*Shipping News* Baltic Dry Index falls to 11-month low The Baltic Dry Index, a measure of costs to transport dry-bulk commodities, fell to an 11-month low as a worsening glut of ships pulled rents below operating costs in the Pacific Ocean. Peak booking season swells Carnival's loss The timing of Carnival Corp's Costa Concordia cruise ship's grounding off the coast of Italy, at the start of the peak booking season, may exacerbate the company's losses.

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Rate increases slow after carriers implement pre-CNY surcharges PSA International 2011 throughput increases 5.6pc to 57.09 million TEU CNC and Hainan Pan Ocean launch south east Asia loop from Tianjin Hutchison's Felixstowe braces for DP World's London Gateway opening Hong Kong tops in economic freedom, but bureaucracy puts standing at risk Korean ports up 11.2pc to 19.36 million TEU, Busan hits 16.14 million TEU Man Capital LLP private equity group acquires OTS Logistics Malaysian customs swoop on two illegal fireworks containers HK Trade Development Council signs DHL Express for HK fashion week Indian air cargo market set to soar in coming years: Frost & Sullivan report Five weekly Shijiazhuang-HK cargo flights launched by Hong Kong Airlines

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Baltic index slides to lowest in nearly five months BIMCO calls for tighter international regulation of shipping Deducing freight cost in the movement of heavy lift ODC packages GE Shipping delivers new VLCC to buyers ICS publishes new flag state table Idle containerships rise to 246 at beginning of year MSC announces rate restoration on India-East Africa, Mozambique trade lanes Softlinks new Live IMPEX meets changing market demands Dumping of low-cost Chinese coated paper affecting domestic producers Spices exports climb 43 pc in value, dip 6 pc in volume Kerala HCs help sought to facilitate installation of scanners at Cochin Port gates Record discharge of NPK at VPT US ports & maritime team to visit India in February Air India looks to quit air cargo business Forex reserves shrink $3.15 bn to $293.5 bn IDMA calls for anti-dumping duties in pharma sector Sugar mills body seeks export permission for another 10 lt Almajdouie moves worlds largest evaporator Maersk Line, Ltd brings first of two project cargo ships under US flag

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JANUARY 13, 2012
Switzerland a European leader for the intermodal shift Switzerland leads European statistics for the intermodal shift of freight from the roads to the railways, with transalpine railfreight operations accounting for a market share of m... Toll increases on Scandinavian bridges The tolls for the use of the Great Belt bridge in Denmark and the Öresund bridge between Denmark and Sweden have been increased with immediate effect. Vehicles weighing more than 3... Florida rail operator to increase business with trucking partners The Florida East Coast Railway (FEC) plans to expand the reach of its intermodal business in 2012 by strengthening its partnerships with large US truckload carriers. A new relay st... Logwin opens Foshan office as expansion in China continues Logwin, a global leader in air and ocean freight and logistics services, has opened a sales office in Foshan, in China's Guangdong province. Foshan has a thriving manufacturing sec... Contrans Group acquires Archer Trucking in Canada The Contrans Group in Canada has acquired Wilburn Archer Trucking, a dry-bulk trucking business based in Norwood, Ontario. Since 1994 the business has provided specialised transpor... Man Capital acquires OTS Logistics Group OTS Logistics Group (OTS), a global provider of logistics services, and funds advised by Man Capital, a private equity group, have announced that Man Capital has acquired OTS, the ... Air Partner introduces door-to-door freight service to Europe Air Partner, a leading global airline charter broker, has extended its door-to-door time-definite worldwide freight service, which incorporates its unique so-called red track real-... AMI's US online option a success The US arm of Air Menzies International (AMI), one of the world's largest trade-only airfreight and express wholesalers, has celebrated the successful first six months of its new C... Weiss Röhlig acquires JHB Express in Japan Weiss Röhlig, a leading provider of logistics services and a JV between Gebrüder Weiss and Röhlig, is continuing to expand its presence in Asia and has acquired JHB Express in Japa... Corpus Christi appoints new port commissioners Al Jones, American Bank chairman and CEO, and Charles Zahn jr, a lawyer, have replaced Robert Gonzalez jr. and Francis Gandy jr. on the commission of the port of Corpus Christi TX ... Liebherr delivers 100th harbour crane to Africa Liebherr is due to carry out an order soon which will bring it to a major milestone in its history. It will celebrate the delivery of its one hundredth mobile harbour crane to Afri... Lloyd Fonds restructured and free of obligations Lloyd Fonds, a leading German closed fund issuing house, has paid a EUR 10 million outstanding loan back to banks, completed its restructuring measures and thus freed itself of all... Boeing and AF-KLM finalise large B787 order Boeing and the Air France-KLM Group have finalised an order for 25 Boeing B787-9 Dreamliners, with options. The order was signed in December. The Air France-KLM Group is a long-tim...

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JANUARY 13, 2012
Matt Nichols back at helm of Nichols Brothers as CEO Drydocks World Dubai to build offshore wind power platform Navy takes delivery of T-AGM 25 Rederi AB Transatlantic takes delivery of AHTS Pirates surrender after attacking EU Navfor flagship Major milestone for Seaspan in National Shipbuilding Procurement Strategy Program

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JANUARY 13, 2012
Port of Everett taps Bearman as new Marina Director Commerce Department report finds US exports drop during November Newport Coast Guard team responds to Yaquina Bay collision First PDX advisory committee meet set for January 19 in Portland US rail freight traffic count posts gains during week

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JANUARY 13, 2012
TBS and RBS agree terms on transfer of tweendeckers No comment on charterback rumours Open the box, or buy bulk? Containership deals will continue to hold lustre for Greek owners but more are likely to have bulkers on their wish list in 2012 Greek owners tipped to lean towards bulkers in 2012 Bulk carriers may be on the wish list of more Greek owners, but the ability of owners to actually do deals will again hinge heavily on financing issues Preparing for the inevitable A mega box ship casualty could bring a disaster to rival Deepwater Horizon Training needs to go beyond the minimum standards One key issue is the manner in which training is conducted Inquiry sparks criticism of US maintenance tax Senators have questioned whether US-bound containers are being routed via Canada and Mexico to avoid HMT, but the shipping industry has made a firm response Eurotunnel reveals surprise interest in SeaFrance fleet Fixed link operator says it has written to the commercial court in Paris about the vessels, expressing an interest in 'two or three' of the four ships Nigerian oil strike threatens West Africa suezmax earnings rally Brokers report not being able to lift subjects on tanker fixtures and delays cause disruption in chartering markets Golar sets new rate high for medium-term LNG charter Golar Arctic lands $140,000 per day for three-year deal CMA CGM to step up checks for contaminated reefer gases Three workers died last year repairing reefer boxes that exploded Nordic Tankers seeks investor Stake in the company would be sold to raise cash for vessel acquisitions US ports sanctions pose hollow threat Few vessels heading to US have called in Iran, Syria or North Korea in previous 180 days Japan imports record monthly LNG cargoes Winter and reduced nuclear power capacity drives Japanese liquefied natural gas imports Minister hails "constructive" talks on Dover Harbour Board sell-off Plan faces fierce opposition across Kent community SocGen joins banks' queue to exit shipping But there are few likely buyers for its portfolio, say specialists Australian LNG project gets go-ahead Ichthys wins final investment decision as Australia seeks to dominate liquefied natural gas supplies Somali pirates build telecoms mast Structure visible on satellite images IG freezes retention rates Rates for all vessel types reduced 4%-8.5% Six captured after pirates attack Spanish naval vessel Skiff fired on ESPS Patino outside the port of Mogadishu German-flagged fleet falls despite calls for more EU-registered vessels Number of 100 gt vessels falls from 572 to 530 Drewry tells shippers to prepare for capacity squeeze in late 2012 Box lines' coffers will leach cash in first half Sleeping giant's nightmare Nigeria is beset by tensions between the Muslim north and Christian south, corruption and mismanagement, rampant piracy and now a damaging port strike P&O postpones plan to lay up Pride of Calais Retains capacity on the cross-Channel route Holding out for better prospects With capesize rates falling dramatically, owners are holding back and eyeing a post-lunar new year rally Banking with Chinese characteristics China's banks are moving more slowly than predicted into international shipfinance. This is not a bad thing London market bites back over former MP's piracy claims Criminalising ransom payments will not work, says maritime industry General Maritime staff win belated Christmas bonuses Chapter 11 restructuring plan due next week

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JANUARY 13, 2012
Atlantic VLCCs outperform SEVERAL tanker stocks have popped this month because of stronger Atlantic Basin demand, Credit Suisse analyst Gregory Lewis said today Relief ships reach Nome A RUSSIAN tanker escorted by the US Coast Guard today reached frozen Nome in Alaska with emergency fuel supplies Cable ships begin work CABLE-laying ships have begun deploying the Loukkos undersea cable connecting Asilah in Morocco with Rota in Spain, IHS Global Insight reported today Charter extension rates sink EVANGELOS Marinakis-chaired Capital Products Partners today announced two charter extensions, at rates sharply lower than previous levels Brittany Ferries reported victimised FRANCE'S Brittany Ferries said today it is involved in legal proceedings in connection with reports it was defrauded in a €1M ($1.28M) scam India plans huge LNG push DELHI plans to increase capacity for receiving cargoes from LNG carriers to 30M tonnes per year by 2015, from today's from 13M t/y, IHS World Markets Energy reported today US box forecast raised RETAILERS bumped up their forecast today for January's US box imports, based on signs of a more resurgent economy Supramaxes, Handymaxes scuttled by weak demand WEAK DEMAND in China for iron ore and coal has dashed hopes for a Supramax and Handymax fixture surge before the Lunar New Year holidays Suezmax rates gaining SUEZMAX tanker rates have staged gains this week as activity has picked up after the year's quiet start Soggy Queensland finally snaps back SHIPMENTS from Queensland coal terminals have finally regained the levels achieved before widespread flooding more than a year ago, IHS McCloskey reported Product tankers hobbled PRODUCT tankers are handicapped by a tonnage build-up, with more newbuildings entering, brokers told Fairplay today Golar LNG seals charter GOLAR LNG has agreed to charter its LNG tanker Golar Arctic to a Japanese trading firm for three years China's yards raise output BEIJING said today its yards delivered tonnage aggregating 76.7M dwt during 2011, a 16.9% increase over 2010 Bourbon sets up Dubai drydocking hub FRENCH offshore vessel operator Bourbon has set up a new structure in Dubai to manage the drydocking programme of its fast-growing global fleet Box rate rally predicted SHIPPING consultancy Drewry expects freight rates to rise sharply in 2H2012, with the untenable rate war forcing carriers to slash capacity

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JANUARY 13, 2012
Teamsters Call Off Pipeline Strike Teamster pipeline workers are heading back to the job after the union and the Pipe Line Contractors Association struck a... Obama Proposes Creation of Single Trade Agency President Obama on Friday announced major changes in the government's business services agencies aimed at making it easier for small... Intermodal Traffic Suggests Strong Restocking Intermodal volume for major U.S. railroads fell 9.3 percent year-over-year in the week ending Jan. 7 but rose 17.9 percent... Oil Sends US Trade Deficit to Five-Month High The U.S. trade deficit widened 10.4 percent to $47.8 billion in November from October, driven by higher prices and volumes... Trucking Pioneer Don Schneider Dies at 76 Donald J. Schneider, the former president, CEO and chairman of Schneider National, died Friday after a long battle with Alzheimer's... Virginia Retailers Push State to Collect Taxes From Amazon The Virginia Retail Merchants Association says it will urge state legislators this year to require Amazon.com, which will receive $4.3... Genesee & Wyoming Traffic Rises 7.9 Percent Short-line rail operator Genesee & Wyoming increased carloads 7.9 percent year-over-year in the fourth quarter, although traffic in December was... Executives Expect More Asian Air Cargo Capacity to Exit More Asian air cargo carriers will remove capacity this week year as export traffic remains week, said industry executives. ... When the US Sneezes, Canada Catches Cold Shippers looking for improvement in Canada's beleaguered trade and economy might need to wait another year, or even two, as... Risk for Shippers? A sudden sharp upward turn in ocean container shipping freight rates that started late in 2011 is catching the industry's... Fact Finding The Federal Maritime Commission calls its investigation into the movement of U.S. containerized ocean imports through Canadian imports a "fact-finding,"... Trade Winds Shift at Canadian Ports Canadian ports are coming off a modestly good year underscored by changing trade patterns, and expect better or similar results... Canada, in a Rout When the Federal Maritime Commission last fall launched an inquiry into containerized cargo moving inland through Canadian and Mexican ports,... Electrolux Says More Shippers Will Buy Capacity Collectively Multinational shippers will become more attracted to book shipping capacity collectively using centralized freight procurement systems when ocean rates begin... DB Schenker Buys Finnish Trucking Company DB Schenker's recent acquisition of Suomen Kiitoautot, a Finnish trucking company, consolidates the German company's market dominance in the Nordic... Air France-KLM Cargo Faces Cuts in Turnaround Plan Air France-KLM's cargo business faces further cutbacks after Europe's largest airline unveiled a radical three-year restructuring to secure long-term profitability.... AirBridge Cargo Launches New Europe- China Route AirBridge Cargo Airlines is defying the broad cutback in Asia-focused air freight capacity with new service between Europe and Chengdu... Chamber's Donohue Advocates Domestic Energy Expansion Chamber of Commerce President Thomas J. Donohue said this week the expansion of oil and natural gas production will put... Frankfurt Airport Freight Falls 6.5 Percent Frankfurt's air freight volume is falling faster than business at other European airports as the ban on night flights at...

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JANUARY 13, 2012
Unions suspend Nigeria strike Talks between representatives of the two union groups and the Nigerian Government are at a delicate stage but appear to be moving in the right direction, given ... Shipping heading towards 'deepwater horizon' The container industry will be in deep trouble should a super post-Panamax container vessel start sinking today according to a presentation given at a recent Maritime ... Transnet to buy more locos and build new line Transnet SOC, South Africa's state-controlled rail, ports and pipelines company, is investigating new fund-raising instruments for what the government's public ... NITL demands more competitive rail for shippers US shipper organisation National Industrial Transportation League (NITL) has requested this week that railroad regulatory agency Surface Transportation Board (STB) ... Japanese Iranian oil embargo in doubt Despite US treasury secretary, Timothy Geithner, receiving an assurance from Japan's finance minister yesterday that it would reduce its dependence on Iran for ... US volumes heading for sustained level of growth says Global Tracker January US import cargo volumes might currently be flat compared to last year but 'significant' volumes increases are expected in the US trades this spring according ... Portuguese dockers to end strike A five-day strike by Portugal's dockers - scheduled to end tomorrow - has thought to have resulted in the delay or diversion of up to 100 ships and caused disruptions ... India's factory output rebounds Suggesting its resilience to withstand the European debt crisis, India's industrial production bounced back in November growing by a year-on-year 5.9% versus the ... African economies to advance strongly in 2012 The latest economic forecasts published by the Washington (DC)-based International Monetary Fund (IMF) make for encouraging reading when it comes to the sub-Saharan ... NZSC calls for focus on productivity in Auckland dispute The New Zealand Shippers Council [NZSC] has urged both parties in the Ports of Auckland [PoA] industrial dispute to 'ensure the need for continuing improvements ...

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JANUARY 13, 2012
Saverys sells chunk of Clarksons stock Marc Saverys-led CMB cashes in shares worth over £8m in London-listed shipbroker. Dry-bulk rates to keep on dropping Baltic Dry Index has further to fall and may touch last year's bottom, Jefferies says. JP Morgan cuts Teekay Corp interest Investment bank has dumped shares worth over $45m in the New York-listed tanker owner. Zim ready to swing jobs axe Israeli container line looking to shed 12% of staff and ask executives to take 10% pay cut. P&I clubs confirm reinsurance cuts Ticket to trade a tanker to the US falls 30% with reinsurance tariff down by between 4% and 8.4%. Hyundai Heavy investor sells down Compatriot chemical producer banks over $600m for 3.3% stake in Korean giant. Neptune Orient Lines inks debt deal Singaporean containership owner finalises financing for bigger boxships under construction at Korean yards. Mipo's solid gold easy action Korean yard lines up an expensive paint job, while Peter G might be eyeing a loft conversion. Golar LNG deal another magic marker Period charter for Golar Arctic generates another wave of excitement in LNG sector. Baltiysky under pressure over debts Sberbank and others file bankruptcy suits against Russian shipyard whose ownership is in limbo. Three years' cheer for Golar John Fredriksen's gas carrier company fixes LNG ship to Japan for annual profit of $45m. McQuilling in Asian dry move US shipbroker teams up with Singapore's Anglo Asian Shipping in bid to tap local dry bulk market. Greatship tears up another contract Second of two support ships on order at Mumbai's Mazagon Dock is cancelled by Indian owner. Sanctions slapped on Zhuhai Chinese state-controlled oil trader and major VLCC charterer caught in cross-fire of US-Iran spat. Samsung tipped for profit growth Korean analyst says shipbuilder should prosper again as offshore plant orders roll in this year. Kidnapped master tells of "torment" Freed captain of tanker Olib G reveals hell of 18 months in captivity, while Georgia denies ransom was paid to pirates. Atwood prices bond issue Houston-based drilling contractor set to offer investors 6.5% coupon on planned $450m bond issue. Canned tankers a tasty option Greek owner could be quids in if it completes the buy-back of two suezmaxes it had chopped. US imports set to rise in 2012 Trade body says January container throughput to remain weak before "significant increases" in the spring.

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JANUARY 13, 2012
Week ends with lower prices Futures settled at its lowest price since December 21. Progress made on guidelines for mandatory GHG measures IMO working group considers correction to EEDI formula and looks to iron out further details at MEPC 63. Meeting increasing bunkering demand in India Chennai Port looks to introduce a new barge facility. Absence of LNG bunker standards could be a 'showstopper' Report calls for guidelines dedicated for LNG bunkering. Rotterdam prices soften Mixed price movements in southern Europe. Small gains in Fujairah No product in Durban. Maersk says algae-derived fuel posed 'few problems' Shipping line trials new generation biofuel in container ship's auxiliary engines. Early 2012 sulphur data shows surprising results DNVPS finds 6.5% of worldwide HSFO bunkered during the first week of 2012 exceeded 3.50% sulphur. Chinese supplier reports climbing sales Source says Chimbusco's volumes are up 5.4% year-on-year. New Fujairah terminal ready to start operations First cargo for Socar Aurora Fujairah Terminal 'expected within days'. Do you expect counter party risk to become more critical in 2012? Logistics firm invests $2.3 million into operations at Aberdeen Plans to build MGO fuel storage, and lease two additional berths at Aberdeen port. Price movements in Asian ports lack direction Avails tight in Singapore and Hong Kong. Indian refiner sells 380 cSt cargo at 'high' premium February cargo sold at more than double the premium of MRPL's January cargo. US imposes sanctions on oil trading companies Kuo Oil, FAL Oil and Zhuhai Zhenrong barred from receiving loans of over $10 million from US financial institutions. Bunker group seeks to increase security of Malaysian waters Partners local maritime authority to launch new initiative aimed at intensifying law enforcement at sea. Global Risk Management expands head office Sees increasing demand for fuel hedging services, says managing director. WFS arrests vessel over bunker claims Bunker supplier targets ship for outstanding amount due by the vessel charterer.

›››File


FROM THE HOME PAGE

PORTS

Slight growth in freight traffic in the port of Ancona in 2025

Ancona

Rolling stock slightly down. Passenger numbers significantly down.

PORTS

Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.

London

Global Ports Holding invests over €4.5 million

ACCIDENTS

One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )

Singapore

A fire broke out on the unit

RAILWAY TRANSPORT

SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance

Bern

The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.

Last year, freight traffic in the port of Hamburg grew by 4.6 percent.

PORTS

Last year, freight traffic in the port of Hamburg grew by 4.6 percent.

Hamburg

Containers boosted the growth. Volumes remained stable in the fourth quarter alone.

SHIPPING

In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.

Copenhagen

PORTS

Last year, cargo traffic in Montenegro's ports grew by 1.6%.

Podgorica

Cargoes to and from Italy alone increased by +64.6%

PORTS

To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah

The Hague/Dubai

DP World will keep the remaining 62.5%

PORTS

Continues the bending of the traffic of the container in the port of Los Angeles

Los Angeles

In January decrease of -12.1%. Bown: the state of exports to China seems bad

PORTS

In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%

Civitavecchia

In the whole year growth was +3.1%

COMPANIES

Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN

Luxembourg/Rotterdam

The agreement includes rental agreements for over 5,000 multimodal load units

COMPETITION

The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio

Rome

SHIPPING

The International Chamber of Shipping against the new harbour taxes programmed by the US government

Washington

Necessary - the association emphasizes - carefully coordinated political solutions

CRUISES

Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri

Miami/Trieste

They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises

SHIPPING

Hapag-Lloyd and ZIM agreed on a merger agreement

Haifa/Hamburg

The German company will pay up to $2.5 billion

SHIPPING

America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.

Washington

It would be used to fund the new Maritime Security Trust Fund

SHIPPING

Hapag-Lloyd to acquire Israeli ZIM

Hamburg

The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.

COMPANIES

Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement

Dubai

It Kazim appointed president and Yuvraj Narayan managing director

PORTS

Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven

Bremen/The Hague

PORTS

CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa

Hong Kong

PORTS

Tomorrow will be inaugurated the new container terminal of transhipment of Damietta

Bremen/Melzo

Its ability to annual traffic will rise up to 3,3 million teu

SHIPYARDS

Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards

Milan

For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.

SHIPYARDS

Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.

Trieste/Genoa

The first tests at the Sestri Ponente shipyard are scheduled for the end of this year

PORTS

Slight increase in annual freight traffic handled by Croatian ports

Zagreb

Sharp drop in dry bulk offset by increase in liquid cargoes and record containers

COMPANIES

The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)

Genoa

Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.

South Korean HMM's quarterly and annual performances were negative.

SHIPPING

South Korean HMM's quarterly and annual performances were negative.

Seoul

In 2025 the container fleet transported 3.94 million TEUs (+3.2%)

LOGISTICS

Offer to acquire European express courier InPost

Amsterdam/Luxembourg

It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)

OFFSHORE

Transocean and Valaris sign merger agreement

Steinhausen/Hamilton

The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships

SHIPPING

Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.

Hamburg

Record loads transported by the fleet, growing by +8%.

TRANSPORTATION

FS establishes a company specializing in transport and infrastructure consultancy

London

The new company is based in London

Maritime traffic in the Suez Canal fell by 3.4% last year.

SHIPPING

Maritime traffic in the Suez Canal fell by 3.4% last year.

Cairo

Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.

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%

RAILWAY TRANSPORT

DB Cargo plans to cut around 6,000 jobs

Berlin

Negotiations with employee representatives to begin soon

SHIPPING

In 2025, containers transported by RCL's fleet increased by +8.8%

Bangkok

Revenues from this activity grew by +5.2%

PORTS

Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.

Palermo

PORTS

Annual container traffic grows by 5.4% at HHLA port terminals

Hamburg

Record revenues expected at 1.76 billion euros (+9.9%)

PORTS

Container traffic at the Port of New York is expected to grow by 2.3% in 2025.

New York

Significant increase in full containers for export

PORTS

Politics and Assiterminal celebrate the extension of the port bonus

Rome/Genoa

Ferrari: understood the value of the planning behind the reformulation of the law

PORTS

Container traffic at the port of Hong Kong decreased by -3.2% in January

Hong Kong

1.13 million TEUs were handled

SHIPPING

Costamare secures $940 million in revenue from the charter of 12 container ships

Monk

SHIPPING

CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.

Marseille

By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.

PORTS

Cargo traffic at the port of Singapore grew by 13.0% last month.

Singapore

Containers amounted to 3,892,370 TEUs (+11.3%)

MEETINGS

Filt Cgil, meeting on the importance of Article 17 of Law 84/94

Rome

It will be held tomorrow in Rome at the Frentani Congress Center

COMPANIES

Britta Weber has been appointed as the new chief executive officer of the Hupac Group.

Noise

He is the current vice president of UPS Healthcare for Europe and Asia.

OFFSHORE

Saipem to acquire mobile offshore drilling unit for $272.5 million

Milan

Agreement with Norwegian Deep Value Driller

AWARDS

The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.

Genoa

The Targa San Giorgio will be awarded to Gian Enzo Duci

JOBS

Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.

LOGISTICS

Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port

Geneva

It occupies an area of over 100 thousand square meters

LOGISTICS

Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics

Rome

Monthly gross earnings increase at 750 Euros in three tranche

LOGISTICS

Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management

Sydney

It was unanimously approved by the Australian logistic group Cda

CRUISES

Meyer Turku completed the design of a cruise ship to zero net emissions

Turku

The main fuel is biomethanol

INDUSTRY

Last year the turnover of Kalmar grew by +1%

Helsinki

Operating income, net profit and new orders in increase respective of +26%, +28% and +8%

PORTS

Terminal Investment Limited puts hands on the Peruvian port of Pisco

Lima

Acquired the Portuario de Paracas Terminal

INFRASTRUCTURE

Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa

SHIPPING

Grimaldi has taken delivery of the Grande Michigan

Naples

It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group

ASSOCIATIONS

Meeting between the presidents of the Maritime Federation and Assoporti

Rome

Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster

PORTS

Morocco's Marsa Maroc participates in the development of the port of Monrovia

Casablanca

Contract for the management of two docks and the construction of a multipurpose terminal

SHIPPING

South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping

Seoul

Transaction valued at approximately $668 million

PORTS

Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.

Venice

The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.

ASSOCIATIONS

Stefano Messina has been confirmed as president of Assarmatori

Rome

He will also lead the shipowners' association in the four-year period 2026-2030

PORTS

In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)

Tirana

A new peak in passengers also amounted to 1.7 million units (+6.4%)

DEFENCE

WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes

Trieste

The order is worth more than 200 million euros

INDUSTRY

Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships

San Vendemiano

The value of the order is 53 million euros

TRANSPORTATION

Sogedim launches a daily service between Carpi and Campogalliano/England

Carpi

Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato

SHIPPING

Danaos Corporation reports record quarterly and annual revenue.

Athens

Profits are falling

PORTS

CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.

London

SHIPPING

Maersk orders eight 18,600 TEU dual-fuel containerships

Copenhagen

Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.

SHIPYARDS

PaxOcean opens new shipyard in Singapore

Singapore

It occupies an area of 17.3 hectares

PORTS

The largest container ship ever arrived in the port of Trieste

Trieste

Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs

SHIPYARDS

Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group

New York

It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk

SAILING LIST

Visual Sailing List

	Departure ports
	Arrival ports by:
	-	alphabetical order
	-	country
	-	geographical areas

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

AVIATION

Kuehne+Nagel expands CargoCity South at Frankfurt Airport

Schindellegi

A new facility will be completed and taken over at the end of 2028

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

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

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

PORTS

Cruise traffic in the port of Piraeus increased by +9% last year

Piraeus

Approximately 1.85 million passengers moved

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

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.

PORTS

Italian Ports:

Ancona

Genoa

Ravenna

Augusta

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

MEETINGS

Filt Cgil, meeting on the importance of Article 17 of Law 84/94

Rome

It will be held tomorrow in Rome at the Frentani Congress Center

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 File

PRESS REVIEW

Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government

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

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

- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio
No part may be reproduced without the express permission of the publisher

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