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Independent journal on economy and transport policy
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BRIEFS
March 26, 2012
The Business Timesweb site
Shipping News
  • Big ships just as safe, says insurer
    BIGGER ships can be as safe as smaller ones - never mind the latest worries arising from mega-cruise ship Costa Concordia's collision on a coral reef that claimed 30 lives.
  • Baltic main index up 6 points
    The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities, rose further last week as three-year low rates in the capesize market were countered by higher rates for smaller vessels.
  • Trial of former execs of Vinashin starts tomorrow
    Former top executives at a scandal-hit Vietnamese shipping giant are due in court tomorrow, but experts say the trial will offer little reassurance to investors over the country's broader economic woes.

Sched Netweb site
  • Maersk to hike Far East rates to South, Central America from April 15
  • USWC rates up 1.5pc to US$2,021/FEU; east coast up 2.7pc to $3,204/FEU
  • 'K' Line adds Ningbo and Shenzhen-Da Chan Bay to intra Asia loops
  • Half of 2010-2011 new box ship deliveries working Asia-Europe trades
  • Port of Hamburg 2011 throughput increases 14.2pc to 9 million TEU
  • Houston attracts Cosco's Asia all-water service as only US port of call
  • APS provides Gate OCR for Hutchison Port Holdings terminals in Mexico
  • Rickmers-Linie moves inland, closer to China's factories, building sites
  • CEVA signs 5-year deal with major tyre importer and distributor in Dubai
  • CEVA signs 3-year deal with Italy's Hankook Tire to manage distribution
  • 'Combating Piracy Week' offers toolkit to cope with maritime hijackers
  • Cool Logistics Africa conference in Cape Town from April 24-26
  • Lufthansa Cargo opens summer schedule with 4 weekly Chongqing flights
  • All Nippon, Cathay, Singapore Airlines raise fuel surcharges in April
  • Hanjin Group's Uzbekistan logistics air hub scheme reaches milestone

Exim Indiaweb site
  • CAI's workshop for consolidators a huge success
  • Hanjin India expands agency network
  • Shipping cos sore over Customs levy on 'on deck cargo'
  • Simatech Shipping celebrates 10th anniversary of service launch at Nhava Sheva
  • UK P&I Club restructures to increase efficiency under Solvency 2
  • Coffee exports likely to dip 15 pc in FY12
  • JNPT given in-principle approval to raise tax-free bonds
  • Hike in haulage charges may hinder box train operators
  • Debt redemption pressures push down
  • Forex reserves jump $ 862 m to $ 294.82 bn
  • GST will be a no-show in UPA's current term, feel state CMs
  • Low output may inflate edible oil import bill
  • Power sector sceptical of duty-free bonanza for LNG imports
  • Price advantage spurs ginger past export target
  • Antwerp to host project cargo training programme
  • Kübler Spedition moves passenger ferry overland
  • SAL vessel transports wharf modules for Australian iron ore berth

International Transport Journalweb site
MARCH 23, 2012
  • Spain's Correos names new president
    Spain's mail service provider Correos has replaced Angel Agudo San Emeterio who accepted a position as a professor at the University of Cantabria just seven months after his appoin...
  • KLM postpones resumption of Tripoli service...
    According to the GDS inventory display on 6 March 2012, the Dutch carrier KLM is postponing the resumption of its Amsterdam - Tripoli service. The service is scheduled to...
  • SBB Cargo: first hybrid locomotive goes into service
    SBB Cargo, a Swiss railfreight service provider, recently held a naming ceremony for the first of the 30 hybrid locomotives that it has on order. The engine, which was then put int...
  • Rail4Chem renamed Rail4Captrain
    The German company Rail4Chem Eisenbahnverkehrsgesellschaft mbH (R4C), part of Captrain Deutschland GmbH, will operate under the name Rail4Captrain GmbH (R4C) in future. The new nam...
  • GNV planning a Sète-Tangiers sling
    Genoa (Italy)-based Grandi Navi Veloci (GNV) wants to start a service between Sète (France) and Tangiers (Morocco). The company's general manager, Ariodante Valeri, confirmed that ...
  • Emons' environmental calculations 2WIN certified by CE Delft
    Emons Cargo, a full truckload (FTL) carrier fully specialized in international double deck transportation from Milsbeek (Netherlands), has had the calculations that it makes to rep...
  • Signing of Franco-Swiss agreement at Basel-Mulhouse airport
    An agreement about the labour law practice for companies operating in the Swiss sector and the common sector of Basel-Mulhouse airport was signed yesterday (22 March)...
  • BlueEfficiency power: Mercedes-Benz presents new engine generation for commercial vehicles
    The German vehicle manufacturer Mercedes-Benz has unveiled a totally new generation of medium-duty OM 93x engines in Stuttgart-Unter'türk'heim. Together with the equally new heavy-...
  • Lufthansa Cargo reports strong result despite headwinds in 2011
    The German freight carrier Lufthansa Cargo returned an operating profit of EUR 249 million in 2011, the second-best result in company history. Chairman and CEO Karl Ulrich Garnadt ...
  • DB Schenker Logistics: new premises in Augsburg
    DB Schenker Logistics is expanding its network in Germany by the addition of a new facility in the Prologis Park Augsburg. The new location in the logistics real estate park offers...
  • Mangalore Port Trust adding capacity
    India's New Mangalore Port Trust (NMPT) added 11 million t to its total capacity in the last five years, according to NMPT's chairman, P. Tamilvanan. The petroleum, oil and lu...
  • Freja Norway has new sales and marketing director
    Freja Transport & Logistics AS has appointed Ellen Koffeld as the sales and marketing director of its Norwegian management team. She will report to Ulrik Rasmussen, managing di...
  • New managing director for SDV Geis in Frankfurt
    SDV Geis GmbH, based in Frankfurt (Germany) has chosen Michael Schork to be its managing director, with effect from 1 April. SDV Geis, a joint venture owned by the French SDV corpo...
  • Husqvarna banking on Fiege Ukraine
    Germany's Fiege Group has signed a new logistics contract with Husqvarna Group in Ukraine. Husqvarna Group is the global leader in outdoor power products for forestry, park mainten...
  • Ceva signs three year partnership with Hankook
    Ceva has signed a three year agreement with Hankook Tire Italy, a global tyre manufacturer. Ceva will manage the storage, distribution and reverse logistics for the customer's tyre...

Marine Logweb site
MARCH 23, 2012
  • Travelift boosts capacity at Great Lakes Shipyard
  • Intracoastal Iron Works busy building towboats
  • Navy League calls for support for Merchant Marine and Jones Act
  • Kvichak offers patrol vessel based on Royal Marines Offshore Raiding Craft
  • Wärtsilä X35 engine passes Factory Acceptance Tests

World Wide Shipperweb site
MARCH 23, 2012
  • Port of Tacoma reports jump in February intermodal numbers
  • AAPA selects Duarte-Peláez as new chairman of the Board
  • K Line expanding service calling ports throughout Asia
  • Port of Seattle honors top port police officer for 2012
  • Rail carload numbers fall during month of February

Lloyd's Listweb site
MARCH 23, 2012
  • Sticking up for EEDI
    Shipowners must back not attack the index, says BIMCO
  • Box lines' China trade could be swamped by a Mexican wave
    Chinese labour costs are rising rapidly. Now fresh analysis suggests that manufacturers are relocating to Mexico
  • Brussels calls for new rules on shipbreaking
    European Union ships to be recycled only at approved centres
  • Maersk halts Europe-China bookings until May
    Critics question whether move seeks to firm up rates
  • The pros and cons of shipbreaking
    Wista UK debates the Hong Kong Convention on Ship Recycling
  • Norwegians' bargain bonds are booming
    Appetite for risk revives with a flourish
  • Mersey paradise
    Port of Liverpool hits back at doubters as it prepares to build second terminal
  • Falling Brazil iron ore exports to China kill capesize market
    Monthly volumes down from 33m tonnes a month last year to 9m tonnes in January
  • Louis Dreyfus and DFDS charter a second ferry for Dover-Calais
    Brittany Ferries' ro-pax Barfleur to work alongside Norman Spirit to fill gap left by SeaFrance collapse
  • Chemical waste found in Dutch bunker fuel
    Criminal gangs dump toxic liquids, say police
  • To have and have not
    Norwegian bond market throws a lifeline to the chosen few
  • Strike in Argentina threatens supramax trade
    Wheat and soyabean no longer getting to port
  • Obama approves pipeline from Oklahoma to US Gulf
    US product tanker exports will rise but seaborne crude imports will fall
  • Allied Maritime in fresh charterhire lawsuit
    Dynasty Shipholding lawsuit raises confirmed claims to more than $20m
  • Shipping divided over EU moves to fight piracy on Somali soil
    Players demand more clarity before giving move their blessing
  • HSH Nordbank reduces exposure to box shipping
    Condition imposed after government bail-out
  • APM Terminals improves safety
    Award winner's sustainability report outlines a detailed plan to manage risks better in four key areas of port operations
  • UAE set to build LNG import terminal
    Growing demand for airconditioning in summer boosts liquefied natural gas requirements
  • Gulf of Guinea pirate attack mimics Somali tactics
    Chemtanker Zouzou hijacked as regional navies struggle to cope
  • Grimaldi launches summer ferry service
    Ro-pax service to Brindisi, Igoumenitsa, Patras and Corfu
  • NYK-Hinode Line to supply Ichthys
    Two specialist vessels to deliver modules to Darwin LNG project
  • Sacked Nautilus official plans leadership bid
    Former assistant general secretary Paul Moloney seeking reinstatement
  • Japanese firms invest in Modec FPSO
    Vessel to sail to Brazil in third quarter of 2014
  • Cruise bodies demand tighter casualty reporting regulations
    Flag states must report casualties that lead to death, ship loss or marine damage
  • Eimskip on course for exchange listing
    Carrier posts 12% rise in profit
  • Searching for the capesize floor
    Some see a slight uptick in rates as iron ore import demand undergoes a mild revival in China
  • Strengthening the ISM Code
    Good in design must translate into good in practice
  • D-day looms for Sanko Steamship
    To survive, the Japanese shipowner needs its creditors to co-operate and show patience

Fairplayweb site
MARCH 23, 2012
  • China crew support declines
    WELFARE services for seafarers in China are waning, according to Dr. Minghua Zhao of the Greenwich Maritime Institute
  • Politics hinders MLC ratifications
    POLITICAL processes outside the shipping industry's control are delaying Maritime Labour Convention 2006 ratifications, according to industry experts
  • EC seeks tighter rules on shipbreaking
    THE EC today unveiled plans to tighten the EU's rules on shipbreaking
  • Tanker attacked off Nigeria
    A PRODUCTS tanker has been attacked in the Gulf of Guinea, the AKE maritime security said today
  • Pirate-victim programme adds three nations
    THE UK piracy victim response programme has been extended to India, the Philippines and Ukraine
  • Calais/Dover ro-pax added
    DENMARK'S DFDS and Louis Dreyfus Armateurs of France today said they have chartered a Brittany Ferries ship to add a second vessel for their new Calais/Dover service
  • Brindisi to be tied to Greek ports
    GRIMALDI Lines said today it plans a new triangular passenger and ro-ro service linking southern Italy and Greece
  • Climbing BDI stumbles
    OWNERS of drybulk carriers are facing Capesize rate falls that have worn out the recent climb of the Baltic Dry Index
  • Croatia OKs acquisition of Brodosplit yard
    CROATIA has approved the bid by DIV to acquire a 99.78% stake in the country's largest shipyard, Brodosplit
  • Brazil bonanza seen for Singapore's yards
    SECURITIES group UOB Kay Hian said today it expects Petrobras to award more contracts to Singapore rig builders Sembcorp Marine and Keppel Corp
  • Odfjell plans 5-year bonds
    ODFJELL said today it plans to issue unsecured five-year bonds on the Norwegian market
  • Bergen to control Origo
    BERGEN, the listed Norwegian shipbuilding group, has acquired a 60% stake in Origo Process, a privately owned engineering company that serves the oil and gas industry
  • HSH ramps up ship write-downs
    GERMAN state bank HSH Nordbank said today it doubled its loan-loss provisions to about €650M ($861.2M) last year
  • Bolloré profits despite Cote d'Ivoire crisis
    FRANCE'S Bolloré raised its transport and logistics profits last year despite being severely disrupted during the first four months by Cote d'Ivoire's political crisis
  • APM awarded box terminal
    COSTA Rica has awarded a concession to build a box facility to APM Terminals, which calls for an investment of about $992M by the port operating arm of Denmark's AP Møller-Maersk

The Journal of Commerceweb site
MARCH 23, 2012
  • ODFL Opens Oakland Drayage Center
    Trucking company Old Dominion Freight Line opened a drayage facility in Oakland, Calif., expanding its container-hauling business to meet higher...
  • Chinese New Year Hits Tacoma Volumes
    Container volumes at the Port of Tacoma declined 2.2 percent in February compared to the same month last year. ...
  • Reinventing YRC: Q&A With CEO James Welch
    Journal of Commerce Senior Editor William B. Cassidy interviewed YRC Worldwide CEO James P. Welch and other executives Feb. 21,...
  • FedEx to Pay $3 Million to Settle Bias Claims
    FedEx will pay $3 million to more than 21,000 rejected job applicants to settle allegations of hiring discrimination, the Labor...
  • Rail Intermodal Shipments Up 2 Percent for Week
    U.S. intermodal rail shipments in the week ending March 17 rose 2 percent year-over-year, and traffic was flat on a...
  • AFL's Mack Gives Progress Report on Halifax-Boston-Portland Service (Video)
    Rudy Mack, chief operating officer of American Feeder Lines, provides an update on AFL's coastwise container service. Mack was interviewed...
  • Maersk Sets New Round of Far East Rate Hikes
    Maersk Line is implementing a new round of general rate increases in its Far East Asia services, starting April 15....
  • FEC Industries to Add Passenger Rail in Florida
    Florida East Coast Industries will launch a private passenger rail service linking South Florida and Orlando in 2014, the real...
  • Sunteck Transport Parent Boosts Sales, Profit
    More transportation services and a bigger agent network helped logistics operator AutoInfo increase gross revenue 14.4 percent to $320 million...
  • Seaway Season Opens With New Trade Patterns
    Coal from the Powder River Basin in Montana and Wyoming, and iron ore from the U.S. Midwest and Canada began...
  • Maersk Suspends All North Europe-Asia Bookings
    Maersk Line has suspended bookings on its North Europe-to-Asia services effective immediately as it battles to clear up a backlog...
  • Australia to Consider Bill Removing Shipping Tax
    Australia's government will introduce legislation in the lower house of Parliament Friday to remove a tax on domestic shipping companies...
  • G6 Alliance to Skip Gdansk Calls on Loop 3
    The G6 Alliance's Loop 3 Asia-Europe service will not include a call at the port of Gdansk, Poland, OOCL said...
  • Fraying at the Beams
    When it came time to impose the Transpacific Stabilization Agreement's recommended March 15 rate increase, the 15 member carriers took...
  • Split Decision - for Now
    In the battle for dominance in the U.S. container shipping trades, Mediterranean Shipping Co. didn't deliver a knockout, winner-take-all punch,...
  • Ocean Carriers' Big Splash
    What's going on with the world's container carriers? Maersk Line and other large carriers say they're no longer seeking additional...
  • March Madness
    Just as college sports fans can debate endlessly about the superiority of their programs during the NCAA basketball tournament, the...
  • Nippon Express U.S. Unit Invests in Colombian Firm
    Nippon Express Co., Japan's largest international freight forwarder, said that its U.S. subsidiary has formed a capital alliance with Colombia's...

Containerisation Internationalweb site
MARCH 23, 2012
  • Fears over China slowdown hits stocks
    London's FTSE 100 tumbled again yesterday and looks like posting its biggest weekly fall so far this year on signs of slower growth in China - specifically that ...
  • NAFTA trade surges in 2011
    According to data published by the US Department of Transportation's, Bureau of Transportation Statistics [BTS], trade with its NAFTA partners - Canada and Mexico ...
  • BabyCare sitting for Menlo
    The Chinese operation of Menlo Worldwide Logistics has secured the north China distribution and warehouse management for BabyCare Inc. - a direct selling company ...
  • 'Get prepared for 22,000 TEU behemoths': APM T exec
    That was the message APM T's Crane & Engineering Services [CES} managing director, Halfdan Ross wanted to get across at the recent TOC Container Supply ...
  • Maersk stops bookings from Northern Europe to Asia
    Maersk Line has temporarily ceased taking eastbound cargo booking from Northern Europe to Asia due to insufficient vessel capacity. The shortage stems from 'a large ...
  • Valencia stresses importance of local cargo
    Sustainable hub ports need local cargo as well as transhipment business according to Valencia's Port Authority chairman Rafael Aznar-Garrigues (in photo). Speaking ...
  • Locked-out Auckland dockers await court ruling
    Dockworkers at the Ports of Auckland [PoA] that have been barred from the port by the management expect a ruling from the Employment Court early next week on the ...
  • Bareli: 'no immediate danger of sinking'

TradeWindsweb site
MARCH 23, 2012
  • Delphis in dry departure
    Marc Saverys in the driver's seat as Bocimar parent teams with BoxLog to buy Belgian owner' bulker stable.
  • Eidesvik power play pays
    PSV relieved of duty as Oslo-quoted offshore owner prepares to put LNG-powered newbuilding to work.
  • Workers to buy Uljanik
    Staff and managers being offered chance to grab profitable Croatian yard at bargain price in privatisation.
  • Brussels turns up the heat
    Extension of Operation Atlanta action area clears the way for forces to target pirates' beach "logistics stores".
  • HSH still open for business
    An EUR 2bn cut in its shipping portfolio this year will not come at the expense of fresh lending, bank says.
  • Yard worker critical after fall
    Seaway Marine man flown to hospital after 30-foot plunge inside cement carrier in Canada.
  • SCF comes out ahead
    Russian owner bucks grim tanker trend by increasing earnings for 2011 as revenue rises.
  • Cosco wins wind ship order
    Denmark's A2Sea signs for new jack-up turbine-installing vessel in China.
  • Maran Gas to firm up options
    Angelicoussis bumps up tally to match Golar on LNG carrier newbuildings.
  • NYK bags Ichthys deal
    Japanese shipowner charters two vessels to joint venture providing LNG equipment for Australian project.
  • Hoegh's record deal safe
    Oslo-listed owner silences chatter a 20-year FRSU contract was in danger of collapse.
  • HHI to be better by half
    As the Korean yard celebrates its fortieth birthday, CEO Lee Jae-sung says revenue could rise 52% by 2015.
  • SCI lops 25% off budget
    Indian owner's chief Sabyasachi Hajara says spending has to be cut as margins come under pressure.
  • Odfjell joins bond party
    Norwegian tanker owner raises NOK 600m from the latest raid on hot Oslo debt market.

American Shipper - Ocean newsweb site
MARCH 23, 2012
  • AgTC draws Korea ag origin certificate
  • Good360 opens Omaha DC
  • Higher yields, volumes boost FedEx
  • Choice names Andrews VP operations
  • Cipres named Smiths Detection's global head
  • Official U.S. ballast rule to be released Monday
  • MSC's no-show fees on North Europe-Asia trade
  • UTi says first half volumes to remain soft
  • Costa Rica gives APM Terminals green light
  • 'Renewed sense of importance' in NC ports

The Bunker Bulletinweb site
MARCH 23, 2012
  • Bunker prices uncertain as week ends
    Demand was steady on the US Gulf, according to local players.
  • Lunding charters LNG powered vessel Viking Prince
    It is delightful to see another operator on the shelf start using LNG powered supply vessels.
  • Vitol said to have bought 50% stake in Cockett
    No confirmation from companies involved, but observers suggest it could give Cockett access to more credit and scope to expand.
  • Company with high-speed vessel patent goes bankrupt
    Was planning trans-Atlantic container vessel service to 'exploit the void between high cost airfreight and low cost, but slow speed ocean services'.
  • Prices firm in North Europe
    Bunker prices in Mediterranean ports, meanwhile, falling for the third consecutive day.
  • Stock market analyst takes note of ECA impact
    Nomura Securities analyst remains positive on cruise sector stocks despite expected additional fuel costs later this year.
  • Small price movements in Middle East hub
    Good bunker demand reported in Fujairah.
  • Guides to help owners find way through 'jungle of fuel saving measures'
    'Fuel Saving Guideline' for various ship types examine technologies for new and existing ships and look at compatibility with IMO regulations.
  • Fuel efficiency 'will be key in new designs'
    'Shipowners are discovering, somewhat later than their peers, the merits of low-consumption and [high] performance.'
  • Order book promises a 'quadrupling' of LNG-fuelled vessels
    'Early entrants into LNG bunker supply will be able to secure strong positions,'says consultants.
  • Ex-Russian energy minister 'to bid' for Petroplus refineries
    Investment fund shows interest in three European plants.
  • New BP/Sinopec deal will 'open door' to Chinese market
    Both companies 'want to grow their global bunker business.'
  • Asian bunker prices softening on Friday
    Supplies 'slightly tight' in Tokyo and Busan.
  • Investment bank revises NOL's loss forecast
    Maintains NOL's ratings on the back of a hike in Transpacific rates even as bunker prices continue to increase.
  • High bunker costs puts 'strain' on Hapag-Lloyd
    Difficult operating environment has made it 'imperative' to announce sharp increase in freight rates, it says.
  • Genmar given extension to file reorganisation plan
    'Short extension' will allow the process of plan confirmation to continue in an 'orderly fashion', it says.
  • Salvors near completion of fuel extraction from Costa Concordia
    'Only a few tonnes of fuel remain' on board the stricken cruise ship, says local authorities.

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