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Independent journal on economy and transport policy
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BRIEFS
August 14, 2015
Sched Netweb site
  • Maersk group profit falls 53pc to US$1.08 billion, box profit falls 7.3pc
  • CMA CGM ups Asia-Europe rate US$950/TEU - $500/TEU to West Africa
  • Mumbai RTG drivers end strike, but OOCL, CMA CGM pile on surcharges
  • Greek bailout terms dictate shipping sector's free ride has ended
  • 2M tops in reliability on the Pacific, but slips on Atlantic route
  • Hanjin posts US$94 million quarterly profit, but sales sink 6.3pc
  • Canadian National CEO to take medical leave to remove tumour
  • US regulators fine USAC, NVOs US$1.2 million for charging too little
  • CIMC & Globe Tracker start selling smart boxes for Silk Road
  • Tug and boat stoppage on River Plate upstream from BA, Montevideo
  • Evergreen orders ten 2,800-TEU ships from CSBC for 2017-18 delivery
  • St Lawrence Seaway cargo shipments down 7pc, but grain up 63pc
  • Singapore's PSA International has plans for Panama and Latin America
  • Silt build up in Mississippi has lowered water for ships by two feet
  • China to rebuild Liberia's main mostly unpaved coastal highway system
  • HK's Kerry Logistics supports Debenhams' Mideast air logistics growth
  • High volumes, logistics problems make life hard at Chicago's O'Hare
  • Pemco redelivers B737-300 QC to Mistral Air for Poste Italiane
  • Global air freight demand fails to meet capacity in June: IATA
  • Virgin Atlantic calls for industry-wide ethical animal freight policy
  • B&H Worldwide opens 24/7 critical logistics centre at Heathrow

Exim Indiaweb site
AUGUST 13, 2015
  • Allcargo acquires two additional vessels, consolidates its leadership in coastal shipping space
  • Annual NYK Report throws light on Group's diversification plans, customer focus
  • Express Global Logistics successfully ships 815 FRT cargo from Croatia to Qatar
  • Govt introduces Bill to amend Merchant Shipping Act
  • MOL remains a valued member of FTSE4Good Index Series
  • Shreyas Shipping inaugurates maiden call of its vessels at Kolkata & Chittagong
  • Oilmeal exports down 86 pc on low soyameal shipments
  • Govt approves INR 17K cr. for highway projects
  • Pearl Ports & Warehousing's ICD-Hosur inaugurated
  • Railways encouraging perishable cargo centres: Minister
  • Govt invests INR 4.85 lakh cr. in infra projects

International Transport Journalweb site
  • New generation, old paradigms Aviation
  • Star Wars on the river Elbe Shipping

IHS Maritimeweb site
AUGUST 13, 2015
  • Investment gains save Germany's DVB
    Soaring profit from financial trading helped German ship and aviation financier DVB Bank to post stable first-half earnings despite a drop in net interest income and a major arbitration defeat. Following a ruling by the London Court of International Arbitration, the Frankfurt-based shipping lender
  • DS Norden to adjust newbuilding deliveries on weak dry bulk market
    DS Norden, the listed Danish dry cargo and product tankers group, said it would seek to postpone deliveries of its newbuildings due to prolonged weakness on the dry bulk shipping market. "For the time being, the dry bulk market is depressed and for that reason we are actively working to reduce
  • APMT invests in Colombia terminal
    Maersk affiliate APM Terminals is injecting USD200 million at Cartagena Terminal in Colombia as evidence of its confidence in continuing growth in Latin America. APMT and Compania de Puertos Asociados (Compas), a Colombia-based terminal operating company, have agreed to jointly manage and operate
  • Rickmers Maritime sees red in 2Q15
    Singapore-listed shipowner Rickmers Trust Management (Rickmers Maritime) suffered a loss of USD15.7 million for the second quarter ended 30 June 2015 from a profit of USD16 million in 2Q14. The loss was followed by the drop in revenue, which fell 10% year-on-year to USD28.5 million in 2Q15 from
  • Great Eastern profits surge on back of tanker rally
    Indian owned Great Eastern Shipping has reported a 45% surge in net profit of INR3.2 billion (USD49 million) on the back of a higher revenue of INR10.2 billion. Revenue amounted to INR9.06 billion during 1Q16. In response to a query by IHS Maritime during an earnings conference call from Mumbai
  • Pacific Radiance profit tumbles by 88%
    Singapore-listed offshore services provider, Pacific Radiance saw its profit tumble to USD3.8 million down 88% year-on-year for the second quarter ended 30 June 2015. Revenue dropped by 29% to USD34.8 million in 2Q15 from revenue of USD48.7 million in 2Q14, while gross profit slid by 55% to USD10.1
  • Vard secures fishing vessel order
    Vard Holdings has announced it has secured a contract worth approximately NOK60 million, to build a state of the art Gill Netter. The 34 m fishing vessel will be built at Vard's Braila shipyard in Romania with delivery scheduled for Q316. Ordered by Breivik AS of Floro, Norway, the Seacon SC34
  • Nam Cheong profit tumbles in 2Q15
    Singapore-listed offshore services provider, Nam Cheong posted a profit of MYR10.5 million (USD2.6 million) for the second quarter ended 30 June 2015, lower as compared to profit of MYR63 million in 2Q14. Similarly, the company's revenue went down 49% to MYR192.7 million in 2Q15 from MYR378.8
  • Technics Oil & Gas' 3Q15 profit skyrockets
    Singapore-listed offshore services provider Technics Oil & Gas's profit reached SGD24.7 million (USD17.5 million) for the third quarter that ended on 2015, a huge increase from its profit of SGD1.1 million in the same period a year ago. Despite the surge in profit, the company's third-quarter
  • Tianjin port blast leaves 42 dead, hundreds injured
    The death toll from the explosion in Tianjin port on 12 August has increased to at least 42, with more than 400 injured, according to the local government and sate media. Nine firefighters died while containing the fire and many more were unaccounted for as of 10:30 h local time on 13 August,
  • Tianjin port gets back to work after deadly warehouse blasts
    Shanghai-listed Tianjin Port Holdings said its port work and operations were back to normal after mass explosions took place at a dangerous goods warehouse on the evening of 12 August. At around 23:20 h local time on 12 August, explosions occurred at the warehouse owned by Tianjin Ruihai

The Loadstarweb site
AUGUST 13, 2015
  • Lines report large numbers of containers destroyed after Tianjin port explosion
  • Maersk Line 'takes back' market share to grow second quarter profits
  • APM Terminals enters Colombia with investment in Cartagena operator Compas

Marine Logweb site
AUGUST 13, 2015
  • Boksa Marine Design wins research vessel contract
  • Austal USA marks milestone with LCS delivery
  • CLIA President steps down
  • Vard reels in contract to build gillnetter
  • Gladding Hearn delivers NYPD anti-terrorism boat

World Wide Shipperweb site
AUGUST 13, 2015
  • Port of Camas-Washougal seeks commissioner applications
  • Washington governor to lead trade mission to Korea, Japan
  • US rail freight traffic count posts loss during week
  • Freight transportation index loses ground during June
  • Panama Canal Authority pleased with labor deal

Lloyd's Listweb site
AUGUST 13, 2015
  • We want long-term charters for our product tankers, says Concordia Maritime's Ullman
    Longer charters would cement the niche trades to West Africa, Australia and New Zealand, says product tanker boss
  • Union lifts Panama Canal strike threat
    Third set of locks on course to open in second quarter of 2016, says ACP administrator
  • Maersk Tankers' result shows recent return to profit was no fluke
    Once almost a write-off, Maersk Tankers displays sustained stability
  • Russian sanctions hit HHLA hard
    Hamburg operator's ebit up 1.5% in the first half of 2015, but revenues and container volumes decline
  • Challenging market dents APMT's second quarter result
    But Hague-based operator still manages to achieve 10.9% return on invested capital
  • Western Bulk sees no near-term recovery in dry bulk
    Norwegian operator buys out partners in one handysize but is not rushing to invest in more steel
  • Höegh LNG sells FSRU Gallant for $370m
    Dropdown of the vessel into master limited partnership will help boost MLP to fund further growth for Höegh LNG
  • Yang Ming to raise up to $124m with bond sales
    Taiwanese carrier says funds will be used to repay debts
  • APMT takes stake in Cartagena Terminal
    Joint venture to invest $200m in upgrading and expansion to handle larger vessels transiting the Panama Canal from next year
  • Maersk Line to defend Asia-Europe trade share
    Update: Danish carrier still manages ROIC of over 10% despite price turbulence
  • Nam Cheong sees 63% decline in net profit for first half
    Malaysian offshore vessel builder and operator notes opportunity in shallow water infrastructure development
  • Maersk and MSC drop Asia-Europe loop
    Rate collapse forces 2M lines to cull more capacity
  • Maersk Group reports weaker second quarter
    Despite weak rates and low oil prices being blamed on lower performance, group retains full year expectations
  • Long range product tankers hit earnings peak
    LR2s are up at $55,000 per day on benchmark Middle East to Asia trade
  • Explosions near Tianjin port leave more than 44 dead and disrupts shipping
    Update: Local safety authority says that oil tankers and ships carrying hazardous materials are barred from entering port, while BHP Billiton says that iron ore shipping is affected

The Journal of Commerceweb site
AUGUST 13, 2015
  • Annual 'Super Bowl of Safety' kicks off in St. Louis
    St. Louis - Today, more than 430 of the nation's safest professional drivers began their pursuit of the most coveted title in the industry: Bendix National Truck Driving Championships Grand Champion at the 78th annual National Truck Driving Championships and National Step Van Driving Championships. "For millions of people, St. Louis was...
  • Element handles shipment of excavators from South Korea
    Element International Forwarding & Logistics are PCN members in Turkey and offer a wide range of project cargo and heavy lift services. They have recently handled a shipment of excavators from South Korea to Poti in Georgia. The cargo was loaded in Busan and carried using K-Line. The transshipment took place...
  • Port of Seattle signs historic lease with Norwegian Cruise Line Holdings
    SEATTLE - The Port of Seattle signed a historic 15-year lease today with Norwegian Cruise Line Holdings (NASDAQ: NCLH) parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The deal secures NCLH ships in Seattle for the full term of the lease and provides passenger volume...
  • Lower fuel prices shaped 2Q for truckers, shippers
    The 21 publicly owned motor carriers tracked by JOC.com barely increased their combined second-quarter revenue, raising it 0.6 percent from a year ago to $10.7 billion, but the combined operating profit of 20 of those carriers jumped a healthy 13 percent to $941 million. Moderate economic expansion combined with an extraordinary drop...
  • Avian flu causes 20 percent drop in US poultry exports
    Containerized exports of poultry through U.S. ports plunged 20 percent during the first half of 2015 because of a multistate outbreak of highly pathogenic avian influenza. Measured in 20-foot-equivalent units, first-half volume fell to 71,755 TEUs, according to PIERS, a sister product of JOC.com within IHS. In 2014, containerized poultry exports...
  • Port of Rotterdam invests €32 million in buoys and dolphins
    In the Caland Canal and the Botlek, the Port of Rotterdam Authority is working hard on the expansion and replacement of buoy berths and dolphin configurations so that they can become operational in the autumn. The buoys and dolphins in the port of Rotterdam reinforce the existing clusters in both...
  • LA-LB turn times improving, but truckers want even better
    The average time to complete a trucking transaction at Los Angeles-Long Beach port complex in July fell by four minutes from the prior month, but no one is celebrating. Even though the average turn time fell to 89 minutes, down from 93 minutes in June, the Harbor Trucking Association of Southern...
  • Planned Russia Black Sea port aims to grab Asia cargo from North Europe
    One of the largest Russian investment holdings is betting that it can lure cargo from Southeast Asia away from Northern European ports through a planned Taman seaport on the Black Sea - even after government backing faded. Forum Holding, one of Russia's largest investment holdings, plans to invest up to 30...
  • Virginia port expects peak season surge after healthy July
    Port of VirginiaPort of Virginia CEO John F. Reinhart said high volumes are expected through the summer-fall peak season after July traffic rose 8.8 percent year-over-year. Year-to-date volume through July was 1.47 million twenty-foot-equivalent units, a 10.1 percent increase. July marked the fifth consecutive month that Virginia handled more than 210,000...
  • CSX Ohio hub: An old intermodal idea becomes new
    Lawrence J. GrossHead south on Interstate 75 from Toledo and exit west onto Deshler Road in North Baltimore. As you head through the fields, you'll see what looks like a huge port facility, with giant wide-span overhead cranes. But there's no open water in sight. In fact, what you're seeing...
  • Niels W. Johnsen, retired International Shipholding chairman, dies at 93
    Niels W. Johnsen, retired chairman of International Shipholding Corp., died last Friday (Aug. 7) at his home in Rumson, New Jersey. He was 93. Mr. Johnson spent 60 years in the shipping industry. A New Orleans native, he attended Tulane University before joining the merchant marine after the outbreak of World...
  • Shipping Corporation of India profit surges
    Despite significant losses by its container carrying division, a buoyant tanker market coupled with cost-cutting measures to help Shipping Corporation of India post a whopping 230 percent profit increase in the April-June period from a year earlier to Rs. 163.54 crore (approximately $25.5 million). During the first quarter, the state-owned carrier lost...
  • Troubled Damco posts profit
    Damco headquarters in The Hague, the Netherlands.LONDON - Damco posted a rare profit in the second quarter as Maersk's troubled freight forwarding and logistics arm reaped the benefits of a radical restructuring program. The swing to a net operating profit of $7 million from a $32 million loss in the second...
  • Deadly Tianjin blast shuts down two container terminals
    Port of TianjinHONG KONG - Operations at two container terminals in the port of Tianjin have been suspended following the massive blast at a dangerous goods warehouse that has reportedly killed more than 40 people and injured hundreds.IHS country risk analyst David Yang said two container terminals in the Beijiang...
  • Maersk, MSC axe Asia-Europe service
    LONDON - Maersk Line and Mediterranean Shipping Co. are axing one of their Asia-Europe services in the latest cutback by carriers on the troubled route that is facing lower traffic and tumbling freight rates. MSC's Condor service jointly operated with its 2M Alliance partner Maersk will cease operation effective September 14. The...
  • APM Terminals' profit falls with Russian, West African volumes
    APM Terminals RotterdamLONDON - APM Terminals posted a sharply lower profit in the second quarter and downgraded its full-year earnings forecast as it trailed global market growth due to lower import volumes at its terminals in oil-dependent Russia and West Africa. The Maersk group's port arm made a net operating profit...
  • APMT expands to Colombia with Cartagena joint venture
    Compas CartagenaAPM Terminals has entered Colombia after joining forces with domestic terminal operator Compas S.A. to manage and operate the latter's existing multipurpose Cartagena Terminal. The Danish terminal operator, a subsidiary of Maersk Group, signed a joint venture agreement with Compas S.A. Thursday. The Compas S.A. Cartagena Terminal, the second-busiest container port...
  • Tumbling Asia-Europe rates drag down Maersk Line earnings
    HONG KONG - Rising container volumes carried by Maersk Line in the second quarter failed to offset plunging freight rates on the Asia-Europe trade, dragging the world's largest carrier to its first year-over-year decline in quarterly profit since 2012.The liner division's $507 million net profit was down 7.3 percent compared...
  • US freight volumes, shipper spending drop in early third quarter
    Freight volumes and shipper spending on transportation both dropped in July, as the shipping surge that filled trailers and intermodal containers from Easter through the Fourth of July dissipated in the summer doldrums. North American shipment volumes dropped 1.1 percent year-over-year and 1.6 percent from June, according to the July...

TradeWindsweb site
AUGUST 13, 2015
  • OSG settlement approved
    A US judge has given preliminary approval to a $16.3m settlement deal that will end most claims in the securities litigation over the tax issues that preceded Overseas Shipholding Group (OSG)'s 2012 bankruptcy.
  • Poseidon seeks withdrawal
    Poseidon Containers Holdings has asked US regulators to allow it to withdraw its initial public offering (IPO) papers.
  • Lauritzen deepens loss forecast
    J Lauritzen has deepened its full-year loss forecast after shouldering impairments on its dry cargo vessels in the first half of 2015.
  • Courage Marine loss grows
    Courage Marine reported a deeper second-quarter loss as the dry-bulk market and impairment charges clobbered the bottom line.
  • Rates tonic for Concordia
    Higher average daily income from its product carriers has secured bigger profit for Concordia Maritime during the second quarter.
  • Maersk axes AE9
    Denmark's Maersk Line is scrapping its AE9 service in favour of seasonal ship deployment between Asia and northern Europe.
  • Havyard cuts jobs
    Norwegian shipbuilder makes redundancies in order to survive in weak offshore market.
  • VLCC rate fall 'mostly noise'
    A crash in VLCC rates will be short lived with earnings likely to spring back in September, Clarksons Platou Securities says.
  • Bulker freed from arrest
    The Ukrainian owner of a bulker sold for scrapping to a company linked to Singapore-based cash buyer Wirana Shipping has stepped forward with funds to secure the vessel's release from arrest.
  • Ghosts haunt dry orderbook
    Ghost ships in the dry cargo newbuilding orderbook are hindering judgement of a market recovery, Jens Ismar says.
  • Van Oord banking $145m
    Dutch owner Van Oord has clinched a major dredging contract in Taiwan worth EUR 130m ($144.56m).
  • Maersk shares shoot up
    Shares in Danish conglomerate AP Moller-Maersk raced up today on the back of a strong second quarter report.
  • Topaz sees red
    Long-term investment in Africa hits Dubai owner's profitability in second quarter.
  • Tallink profit soars
    Estonian ferry company posts strong second quarter result thanks to cost-reduction moves.
  • Pan Ocean crashes to loss
    The cost of restructuring its operations has pushed Korean bulker owner to a big loss in the second quarter.
  • Glencore cuts capital spend
    Glencore has taken a red pen to its capital expenditure plans for 2015 to preserve cash in a weaker commodity market.
  • Ultrapetrol sells duo
    South American owner Ultrapetrol (ULTR) has offloaded two tankers as it slipped to a second quarter loss.
  • KNOP's profit slides
    Shuttle tanker owner logs small decline in Q2 earnings as it kicks off share buyback programme.
  • Ismar points to margins
    Western Bulk pointed to higher margins at its core chartering business as it reported a slightly larger quarterly loss.
  • AMSC makes more
    US tanker owner American Shipping Company (AMSC) has pushed up its net profit for the second quarter in a firm Jones Act market.
  • DVB loan losses rise
    German lender DVB Bank has seen loan-loss provisions rise in the first half due to persistently difficult shipping markets.
  • Hoegh Gallant drops down
    Norway's Hoegh LNG Holdings has agreed the first drop-down of an FSRU to its spin-off partnership.
  • Maersk buys back again
    Denmark's AP Moller-Maersk has revealed another huge share buy-back scheme a year after it launched its current programme.
  • Maersk profit chopped
    Danish giant "satisfied" despite lower oil price and weaker container rates hitting earnings in second quarter.
  • Tianjin port at standstill
    Shipping is at a standstill in Tianjin port following the massive explosion last night at a warehouse that has caused widescale damage, killed dozens of people and wounded hundreds more.
  • Nam Cheong dips
    Malaysian offshore shipbuilder and operator Nam Cheong saw revenue and profit dip in the first half of its financial year as low oil prices take their toll on the offshore sector.
  • Nam Cheong dips
    Shipbuilder still in the black despite revenue decrease.
  • Tianjin death toll increases
    Last night's massive explosion at the Chinese port of Tianjin is now reported to have claimed at least 17 victims, according to Chinese and international media sources.

American Shipperweb site
AUGUST 13, 2015
  • Maersk earns over $1 billion in quarter
  • Port of Virginia reports strong July cargo growth
  • Explosions rock Tianjin port

The Bunker Bulletinweb site
AUGUST 13, 2015
  • EU funds LNG bunkering hub project
    Aim is to make Greece 'a marine bunkering and distribution hub for LNG' in the region.
  • Explosion closes fuel terminals at Tianjin port
    'It is unknown at present when the terminals will re-open'.
  • Malaysia detains vessel carrying bunker fuel
    Authorities say Indonesian tankers docked in waters off Pengerang without authorisation.
  • Maersk Line profits fall
    Operating profit down 7.3% in Q2 but results still beat analyst expectations.
  • Profit falls for Maersk Line
    Operating profit down 7.3% in Q2 but results still beat analyst expectations.
  • Refiner to cut runs
    Players say bunker supplies unlikely to be squeezed.
  • Latest figures stir fears of more prolonged fuel oil glut
    Fuel oil inventories in Singapore have reached a new high.
  • Cruise line's decision will 'boost bunkering'
    Gibraltar to be used as 'turnaround port'.
  • Singapore bunker sales hit 15-month high
    Demand strengthens for LSMGO, 380 cSt and180 cSt grade fuels.
  • Latin American group to enter regional LNG bunkering market
    Infrastructure development underway.
  • SCI records leap in profits
    Amid improved tanker market and reduced bunker expenses, it says.
  • China fuel oil stocks fall
    Volume down by 1.4% to 2.74 million mt.
  • SCI records 'quantum leap' in profits
    Amid improved tanker market and reduced bunker expenses, it says.
  • Marginal decrease in China fuel oil stocks
    Volume down by 1.4% to 2.74 million mt.
  • Malaysia: Upgraded fuel oil storage facility comes 'on stream'
    Project completion on track.
  • Crude rebounds from six-year-low
    On news that global oil demand growth in 2015 will be the strongest in five years.
  • IEA: Demand for oil rising at fastest pace in five years
    OPEC producers plan to keep production levels elevated while non-OPEC production is expected to slow in 2016.
  • Matrix Bharat Pte Ltd hires India-based bunker trader
    Rahul Tiwari is the firm's newest addition.

›››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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