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BRIEFS
January 31, 2019
Sched Netweb site
  • Vanterm crane collapses on 7,024-TEU Ever Summit in Vancouver
  • Chinese Vice Premier Liu arrives in Washington ahead of trade talks
  • TS Lines, Yang Ming, Gold Star, APL offer China-Malaysia loop Feb 23
  • US prosecutors charge Huawei with theft of secrets, bank fraud
  • ILWU blasts plan to automate in LA, but APMT says union agreed
  • CMA CGM ups Asia-Pakistan, India, Sri Lanka, Mideast rates mid-Feb
  • Yang Ming/APL launch Korea, Vietnam. Malaysia loop February 21
  • Hamburger Hafen und Logistik ups rail capacity to Elb's major port
  • New rail service launched from Port of Felixstowe by GB Railfreight
  • UK government's Brexit measures for logistics come too late: FTA
  • Indiana ports set records as cargo soars 25pc to 14.8 million tons
  • DHL Hong Kong air trade index shows optimism in Asia Pacific falling
  • Edmonton airport continues expansion overhaul for air cargo handling
  • Chongqing airport to roll out 10 more overseas destinations this year

Exim Indiaweb site
JANUARY 30, 2019
  • Höegh Autoliners expands Europe to Middle East service; now calling Asia
  • Neptune Container Line & Logistics handles landmark ODC from Visakhapatnam Port to Oman
  • APM Terminals Pipavav registers impressive performance in Q3
  • Chairman lauds all-round progress of JNPT at 70th Republic Day celebration
  • Jawaharlal Nehru Port successfully loads very large project cargo
  • American Airlines Cargo announces record-breaking year
  • Mauritius keen on signing CEPA with India
  • All roads lead to BHP-MALA 2019 International Conference & Awards in Mumbai today

International Transport Journalweb site
  • Cleared and delivered
  • More flat cars for heavy containers
  • B&H Worldwide picks business development manager for Asia
  • Green Cargo shifts 370 lorry loads from road to rail
  • DSV leases P3 logistics centre
  • Barig strengthens cargo component again
  • Mobile harbour crane acquisitions in 2018
  • Blue Dart Express names new CEO
  • Cameroon's Camrail receives new locomotives
  • Port de Guadeloupe enhances terminal
  • Gefco launches mission control centre
  • Paving the way for more P2F conversions
  • Instafreight pipes new chairman on board
  • "Curiosity of the Day"
  • Online reference site for intermodal transport
  • Coordinadora successfully delivers oversized cargo
  • New service to London Gateway
  • Flying for Saudi Arabia's first European Tour golf event

The Loadstarweb site
JANUARY 30, 2019
  • Prepare for no-deal Brexit, transport sector is advised, after Commons vote
  • Carriers still aiming to add capacity on Asia-North Europe, despite softer demand
  • Leeds clean air zone charge a 'punitive tax on a sector the city relies on'
  • Profits up for CH Robinson, but cool chain business bucks growth trend
  • ECS launches cargo sales and management platform for airlines
  • Air cargo veteran Dirk Reich is new chairman of InstaFreight
  • Europa recruits customs specialists as the haulier prepares for Brexit
  • Pharma shippers call for higher and better-aligned global standards
  • Supply chain radar: Gefco - another CEVA Logistics?
  • Supply chain radar: Reaction to the third CMA CGM executive addition to CEVA
  • Supply chain radar: CH Robinson's formidable results show the extent of the problem for 3PLs

Marine Logweb site
JANUARY 30, 2019
  • MAN engines picked to power heavy-lift crane installation vessel
  • Four new Metal Shark patrol boats enter service in Aruba
  • Vigor awarded USS Coronado DSRA contract worth potential $60 million
  • Alfa Laval marks tenth anniversary of first PureSOx scrubber installation
  • Marinakis-Schulz JV makes its first ship acquisition
  • National Maritime Center issues status update
  • Japanese partnership unveils concept design for zero emissions tanker

Lloyd's Listweb site
JANUARY 30, 2019
  • Navios Containers posts first results after Nasdaq listing
    Angeliki Frangou-led boxship vehicle reports adjusted profits for fourth quarter and full year 2018
  • ABP rings the changes under new chief executive
    Pedersen took over the reins at ABP from longstanding predecessor James Cooper last year
  • GasLog Partners increases dividend as results strengthen
    LNG carrier owner unveils $25m buyback authorisation, saying unit price volatility does not reflect track record or LNG shipping prospects
  • Marinakis-Schulz venture acquires first boxships
    Germany-based Capital Liberty Invest picks up two feeder vessels formerly in the Kalkavan fleet and is looking for further growth
  • DSME receives approach from Hyundai Heavy Industries
    Korea Development Bank, DSME's majority shareholder, has been seeking a withdrawal with efforts in helping the shipbuilder get back on...
  • UK ports call for road and rail upgrade
    Focusing on a strategic freight network and taking a 'freight-first' approach would be a common-sense first step to ensure the...
  • Wärtsilä plans 1,200 job cuts after profit fall
    Wärtsilä suffered in the fourth quarter despite improvements in its marine business
  • Evalend behind order at HHI for three VLCCs
    Greek owner emerges as author of latest big tanker orders, following its debut in the segment one year ago
  • European forwarders face more than just Brexit
    Clecat highlights major changes relating to the regulatory and administrative frameworks of international trade that pose additional challenges
  • Who pays for scrubbers in a time charter?
    If a vessel is not capable of burning compliant fuel, then it will not be seaworthy and legally fit for...
  • PDVSA sanctions threat could curb tanker upside
    Lawyers flag US links as a stumbling block to opportunistic trades, highlighting hurdles for US-based insurers and service providers, while...
  • HMM becomes co-owner of Busan terminal with PSA
    HMM said the new terminal ensured there would be 'stable berths' as it gears up to welcome its fleet of...
  • Hyundai Heavy secures order from European firm for three VLCCs
    The three very large crude carriers are scheduled to be delivered from the second half of 2020 and will be...
  • Asia-Europe boxship capacity growth to hit freight rates
    Carriers are adding capacity of up to 10% of the current fleet on the stagnant Asia-Europe trade lane
  • Westports recovers from liner realignment with 16% volume rise
    Westports says its total container volume increased by 6% to 9.5m teu in 2018
  • Daily Briefing
    Venezuela crisis could give boost to tanker demand
  • Cosco Shipping Energy Transportation returns to profit
    Results come after a strong rebound in the VLCC market in the last quarter of 2018 due to seasonality factors...
  • DSIC Offshore files for restructuring
    As of end-2018, DSIC Offshore recorded a net liability of Yuan1.9bn ($283m), while its outstanding debts to CSIC stood at...
  • Vale production cuts to shake up trade flows
    The 40m tonnes of iron ore pulled out by Vale would result in a 4.7% decline in iron ore tonne-miles...
  • American Club urges caution over Venezuela sanctions
    The club is still in the midst of looking into all the ramifications, said chief compliance officer Charles Cuccia

The Journal of Commerceweb site
JANUARY 30, 2019
  • JNPT cargo dwell time decreases substantially
  • US truckload contract and spot rates diverge
  • Supply-demand gap on Asia-Europe trade widens
  • US shipments of wind power equipment soar
  • US petrochemical market grapples with tariffs
  • Service cools Mexico's refrigerated rail potential
  • LA-LB port congestion shows signs of ebbing

TradeWindsweb site
JANUARY 30, 2019
  • Drybulk rate outlook lowered amid Vale dam closures
    Iron ore demand should remain unscathed, according to Clarkson Platou Securities analyst Frode Mordekal.
  • Tragedy and sentiment drive dry cargo stocks further down
    Big name owners see stocks reverse again as Vale takes action following Feijao disaster.
  • Opec cuts clear to see as Middle East VLCC fixtures fall
    Opec cuts are having a clear impact on the VLCC market, according to data from BTIG. Analyst Greg Lewis says the cartel's late 2018 move has taken a bite out of the market. VLCC scrapping set for respite before regulation-driven spike Euronav swings to black after VLCCs came 'back with a bang' "Opec's decision to reduce production by 1.2 million barrels per day has seen VLCC fixture activity o
  • Royal Caribbean beats estimates
    Richard Fain-led cruise major sees higher revenue for the fourth quarter.
  • Concordia Maritime: tanker market upswing 'structural' not 'seasonal'
    Kim Ullman believes outlook appears positive for the next three years.
  • Listing cost pushes Navios Containers to loss
    Greek owner Navios Maritime Containers (NMCI) has dipped into the red in the fourth quarter as it paid for its listing in the US. The net deficit was $0.24m, against a profit of $1.67m in 2017. The 2018 figure includes $2.6m of expenses related to its listing on the Nasdaq Global Select Market in December. Navios Containers spends $52m on boxship Revenue grew to $34.41m against $21.32m as the
  • Bahri brought lower by Petredec hit, yard costs
    Saudi Arabian state tanker giant Bahri has seen fourth quarter profit eroded by its investment in Petredec and start-up costs for its new shipyard. The VLCC specialist said net profit to 31 December was SAR 91.41m ($24.37m), against SAR 207.04m in 2017. Bahri clinches $133m loan for expansion Revenue was up at SAR 1.78bn, from SAR 1.43bn, however. Its investment in LPG carrier company Petredec
  • Russia says MSC Mandy crew released by pirates
    The Russian embassy in Nigeria has said all six crew from the MSC Mandy boxship have been released by pirates. The Russian seafarers were kidnapped from the 3,000-teu vessel (built 1993) in the Gulf of Guinea on 2 January. The Sputnik news agency cited the embassy as saying the issue of their return to Russia is being solved. "All six Russian sailors have been released," it said. The vessel wa
  • Russell Investments stocks up on Ardmore Shipping shares
    A major investor in Ardmore Shipping has added to its strong shareholding in the company. Royce & Associates drops $2.4m in shipping stocks Gurnee maps out Ardmore Shipping game plan Russell Investments Group of Seattle has built its stake in the New York-listed tanker owner to almost 10%, an SEC filing shows. The investor first emerged as a shareholder in Tony Gurnee-fronted Ardmore last year
  • Klaveness carries out world's first digital survey
    Norway's Klaveness Ship Management (KSM) has carried out what it claims is the world's first ever digital vessel survey. This took place on its 2,546-teu boxship Bardu (built 2014) with class society DNV GL last week. The survey saved surveyor Rolf Hancke a trip to Shanghai to visit the vessel, and gave full insight into maintenance data through live dashboards from the Klaveness head office in
  • Asahi claims world first for electric tanker design
    Japan's Asahi Tanker claims to have developed the world's first electric zero-emissions tanker. The "Pure-Electric" E5 vessel has been devised with Exeno-Yamamizu Corporation. The ship will supply bunkers to vessel trading in Tokyo Bay, with the launch set for the last quarter of 2020. Coastal ships with a longer range are also being developed. The E5 concept "creates solutions to issues such
  • First Steamship buys kamsarmax bulker resale
    Taiwanese owner snaps up ship from Marubeni as part of fleet expansion.
  • Marinakis and Schulz venture buys first vessels
    Capital Liberty Invest has snapped up a pair of container ships.
  • Cleanship wins 30-plus boxship scrubber deal
    The UK's Cleanship Solutions has won a contract to retrofit scrubbers to a fleet of more than 30 boxships. The vessels owned by an unnamed "large operator" range from 7,500 teu to 15,000 teu. Work will be carried out by the second quarter of 2019. Wartsila's Holm: scrubbers sold out for 2019 Chris McMenemy, managing director of Cleanship Solutions, said: "This significant container vessel oper
  • Open-hatch bulker owner Saga trims loss as revenue rises
    NYK Line-controlled Saga Shipholding (Norway) has continued to suffer from a weak bulker market but reduced its loss in the 2018 fiscal year. Saga wins peace of mind from USCG praise, but no premium The company, which owns the Japanese giant's open-hatch bulkers in the Saga Welco pool, reported a pre-tax loss of $9.8m to 31 March 2018. That compares with a $11.4m loss in the previous year. Com
  • EMGS returns to operating profit in final quarter
    The offshore survey company has posted a positive operating profit for the first time in 12 months, in spite of rising costs
  • CNOOC outlines plans to build two LNG bunker vessels
    Chinese giant sees potential to supply five million tonnes per annum of LNG as bunkers by 2030
  • PDVSA seizes tankers as Venezuela crisis deepens
    At least three ships holding fuel to enforce maritime liens due to unpaid charter hire were seized by the state
  • US FMC swears in new commissioners
    The Federal Maritime Commission swore in two new commissioners this week. Louis Sola and Daniel Maffei formally joined the US regulatory body for international shipping Monday. Sola will serve until 2023 and Maffei until 2022. The two join acting chairman Michael Khouri and commissioner Rebecca Dye on the board. Sola, a licensed international shipbroker, previously served on the Florida Board
  • Fewster steps down at Greenwich maritime museum
    Kevin Fewster is quitting as director of Royal Museums Greenwich (RMG), home of the country's renowned maritime museum. He will leave in the middle of 2019, he said. "Our highly successful 2014-18 corporate plan has just been completed and this offers an ideal moment for fresh thinking to inform the way forward," he added. "It has been a privilege to lead this great museum over the past twelve
  • Gruppo Scerni withdraws from shipowning as boss uproots to Monaco
    Chief executive Paolo Scerni follows pair of aframaxes to International Andromeda Shipping
  • VLCC scrapping set for respite before regulation-driven spike
    Analysts forecast a slowdown in 2019 before the impact of OPA 90 and IMO 2020 combine to drive big tankers to demolition yards
  • Shipping players voice rebellion against 'bigger is best' mantra
    Attendees weigh up sector's fixation on size, with one saying there are 'a few drawbacks in a bigger company'
  • Hyundai Heavy confirms talks to buy DSME from KDB
    Hyundai Heavy Industries (HHI) is reported to have made an approach to buy state-controlled rival DSME. The world's biggest shipbuilder was said to have submitted a letter of intent to buy a controlling stake in the restructured yard group to its majority owner, Korea Development Bank (KDB), according to unnamed government and financial industry sources cited by the Yonhap Infomax news agency. H
  • Oil flowing off Cameroon after aframax tanker stand-off ends
    Resolved charter dispute between shipowner Eastern Pacific and DS Marine sees refinery get back to work.
  • Croatian watchdog presses for Uljanik bankruptcy
    Croatia's financial agency FINA has asked for bankruptcy proceedings to be opened against struggling Uljanik Shipyard. It has requested the commercial court in Pazin to start the process over unpaid debt of HRK 75.8m ($11.6m), the SeeNews agency reported. Jan De Nul axes contract at Uljanik shipyard The deadline for repayment expired on 21 January, FINA said on the website of the ministry of ju
  • Former Sinopacific head Simon Liang arrested in Myanmar
    Myanmar police have arrested former shipbuilder Simon Liang Xiaolei and handed him over to Chinese authorities over tax issues, according to a Myanmar Ministry of Home Affairs announcement. China's New Dayang celebrates its return to state ownership TradeWinds could not reach Liang for comment and his mobile phone was apparently switched off over a period of at least two days this week. From th
  • GasLog Partners laments stock price amid record results
    GasLog Partners reported record results for the fourth quarter of 2018, but volatility in equities markets is pushing the LNG carrier owner to buyback shares. The Andrew Orekar-led shipowner reported adjusted profit of $42.2m for the last three months of 2018, a 4% year over year gain. Operating revenue of $86.6m and $68.7m in EBITDA were also new records in what Orekar called a "transformative
  • BW LPG shares inch up after Ackermann dips into stock
    Martin Ackermann has dipped into his own pocket to grow his stake in BW LPG. The Danish chief executive has bought stock worth $88,000 in the Oslo-listed company. Idan Ofer completes deal for BW chemical tanker fleet His addition of 30,000 shares follows repeated purchases by BW Group, the company's controlling shareholder, which began before Christmas. The purchase, revealed this morning, tak
  • Wartsila's Holm: scrubbers sold out for 2019
    Finnish marine systems giant Wartsila has seen scrubber demand grow but is looking to cut costs through redundancies after profit fell. The company said net earnings in the fourth quarter were EUR 153m ($175m) from EUR 165m in 2017, as expenses rose. Order intake increased 24% to EUR 1.87bn, with net sales up 6% to EUR 1.53bn. The orderbook stands at EUR 3.69bn for 2019 deliveries. The company
  • Could data have predicted the Kerch Strait tanker tragedy?
    Analysis of accident suggests two LPG carriers involved in fatal explosion during STS transfer were high-risk
  • Rodgers and Burke double act keeps 'em laughing
    Plenty of comedy double acts have lit up the world over the years, from Abbott and Costello, Laurel and Hardy to Morecambe and Wise - and more recently Donald Trump and Xi Jinping. Now shipping can lay claim to its very own: Rodgers and Burke. The tanker-owning duo's latest sell-out performance at the 10th anniversary Marine Money conference in London last week saw them on top form, reprising so
  • RHL to oversee Yantian Express general average process
    Hapag-Lloyd has appointed adjuster Richards Hogg Lindley (RHL) to oversee the general process following the fire on Yantian Express. General average declared as Yantian Express heads to Bahamas The 7,150-teu boxship (built 2002) suffered a blaze on 3 January off Canada, forcing crew to evacuate. General average was declared this week and the vessel is heading to the Bahamas. RHL will act as co
  • HMM, PSA splash $198m on Pusan terminal
    Korea's HMM has teamed up with Singapore port operator PSA to take over PSA-Hyundai Pusan New Port (PHPNT) Pier 4 in Pusan. The companies are spending KRW 221.2bn ($198m) to acquire the terminal from seller Waska. HMM tops up finances with new share issue The price consists of KRW 177bn from HMM, including Korea Ocean Business Corporation's investment of KRW 50bn, and KRW 44.2bn from PSA. The
  • Transtejo launches $100m 10-ship fleet renewal
    Portuguese owner Transtejo is launching a tender for 10 new ferries to renew its ageing fleet. The Lisbon company's plan has been approved by the country's cabinet, Portugal News reported. The first new catamaran is planned for delivery from the end of next year. Three more vessels will come in 2021 and then the remaining six in 2022, 2023 and 2024. They will run on LNG and carry between 400
  • Moss Maritime-led project unveils liquefied hydrogen bunker vessel design
    A new generation of bunker tanker could soon become reality as the shipping industry seeks cleaner fuels.
  • CPTM orders cargo-carrying cruiseship in China
    New vessel to focus primarily on the growing expedition cruise trade.
  • Hyundai Heavy beefs up 2019 VLCC order tally
    Year gets off to a good start for South Korean shipbuilder as it reveals three-ship VLCC order worth $286 million.

American Shipperweb site
JANUARY 30, 2019
  • Legal changes required to implement USMCA
    The Office of the U.S. Trade Representative on Tuesday submitted a statutorily required description of changes to existing U.S. laws required to bring the U.S. into compliance with the U.S.-Mexico-Canada Agreement, including several new customs rules.
  • Dairy producers want cheese in U.S.-U.K. trade deal
    For the U.S. dairy products industry to pour its products into the British market, the U.K. will need to shed agricultural tariffs and non-tariffs currently shared with the EU.
  • CN envisions Halifax as 'Prince Rupert of the East'
    Railway officials discussed plans to grow intermodal cargo and develop the Nova Scotia port during this week's earnings call.
  • Tech Connections: The rise of port community systems
    Technology developments are aiding ports, but business models also need to evolve.
  • Los Angeles highlights 'digital transformation'
    Port handled 9.5 million TEUs in 2018 and believes technology can help solve "persistent systemic problems."
  • American Shipper tweeting from AAPA conference
  • Port of Savannah moves record 4.35 million TEUs
  • Executive Moves: Crowley and InstaFreight
  • Executive Moves: BluJay and OmniTRAX Energy Solutions

The Bunker Bulletinweb site
JANUARY 30, 2019
  • Asia resumes Iran oil imports at lowered rates as waiver window shrinks
    Asian imports of Iranian crude oil have just started to return but at sharply lower levels as top customers China, India, Japan and South Korea press for additional US sanctions relief when their waivers expire in May.
  • International court to rule on Venezuela ship interception offshore Guyana: Hess CEO
    The arbitration of the interception of an ExxonMobil-chartered seismic ship offshore Guyana by the Venezuelan navy in December will move to an international court for resolution, John Hess, the CEO of Hess, a member of the ExxonMobil-led consortium, said Wednesday.
  • Piraeus bunkering operations recover as bad weather eases
    Bunkering operations at Piraeus have largely returned to normal after disruptive weather eased, sources said Wednesday.
  • Fuel oil crack strength above light ends continues on active arb
    The 3.5% FOB Rotterdam barge fuel oil crack continued to strengthen Wednesday on an active arbitrage and increased paper trading activity, holding firmly above the naphtha crack.
  • Malta bunkers premium over benchmark hits narrowest in 8 months
    Delivered bunker fuel prices at Malta reached their lowest premium over the high sulfur fuel oil regional benchmark since May 2018 on Tuesday as operating conditions eased at Malta, sources said.
  • Narrow EFS, tight supply boosts Asian sweet crudes despite weaker arbitrage freight
    The Asian sweet crude market saw March-loading cargoes of regional flagship grades fetch robust premiums this month as narrow Brent/Dubai Exchange of Futures for Swaps and tight spot supply for middle-distillate rich grades overshadowed weakening arbitrage freight rates, trade sources said Wednesday.
  • Ecoslops, Suez Canal Economic Zone ink deal for waste reception at Port Said
    The recovery potential of the oil waste transiting through the Suez Canal is estimated at more than 40,000 tons/year.
  • INTERVIEW: Compliance to IMO 2020 rule likely 80% initially - Parker Kittiwake execs
    "There is no one set method that is accepted or approved [for compliance]," Herring said.

›››File
FROM THE HOME PAGE
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
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
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
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
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
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
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