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Independent journal on economy and transport policy
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BRIEFS
November 11, 1998
Shipping Timesweb site
Shipping News
  • P&O Ports pulls out of US$1b project in India
    Excessive delay the reason for firm's withdrawal from Vadhavan port project: report
  • Cargo owners must be involved in ship safety too
  • Port Klang operators combine resources
  • Hanjin shipyard workers strike
  • P&O Ports buys stake in Cagliari operation
Air and Land Transport
  • Cathay makes initial offer for stake in PAL
    PAL chairman to provide rest of capital injection: financial secretary
  • Airbus may let China make A320 wings
  • FedEx pilots stop flying overtime
  • Audi drops plans to make luxury cars in India
  • China's car demand rebounds after crackdown on smuggling
  • Daimler shareholders accept share swap offer
Features
  • Poor standards are due to substandard mentality
    Substandard ships can't operate without acquiescence of many parties, says Fincantieri MD
Columns
  • Key to improving market is to get rid of sub-standard shipping

Shipping Timesweb site
Shipping News
  • P&O Ports pulls out of US$1b project in India
    Excessive delay the reason for firm's withdrawal from Vadhavan port project: report
  • Cargo owners must be involved in ship safety too
  • Port Klang operators combine resources
  • Hanjin shipyard workers strike
  • P&O Ports buys stake in Cagliari operation
Air and Land Transport
  • Cathay makes initial offer for stake in PAL
    PAL chairman to provide rest of capital injection: financial secretary
  • Airbus may let China make A320 wings
  • FedEx pilots stop flying overtime
  • Audi drops plans to make luxury cars in India
  • China's car demand rebounds after crackdown on smuggling
  • Daimler shareholders accept share swap offer
Features
  • Poor standards are due to substandard mentality
    Substandard ships can't operate without acquiescence of many parties, says Fincantieri MD
Columns
  • Key to improving market is to get rid of sub-standard shipping

Shipping Timesweb site
Shipping News
  • P&O Ports pulls out of US$1b project in India
    Excessive delay the reason for firm's withdrawal from Vadhavan port project: report
  • Cargo owners must be involved in ship safety too
  • Port Klang operators combine resources
  • Hanjin shipyard workers strike
  • P&O Ports buys stake in Cagliari operation
Air and Land Transport
  • Cathay makes initial offer for stake in PAL
    PAL chairman to provide rest of capital injection: financial secretary
  • Airbus may let China make A320 wings
  • FedEx pilots stop flying overtime
  • Audi drops plans to make luxury cars in India
  • China's car demand rebounds after crackdown on smuggling
  • Daimler shareholders accept share swap offer
Features
  • Poor standards are due to substandard mentality
    Substandard ships can't operate without acquiescence of many parties, says Fincantieri MD
Columns
  • Key to improving market is to get rid of sub-standard shipping

Shipping Timesweb site
Shipping News
  • P&O Ports pulls out of US$1b project in India
    Excessive delay the reason for firm's withdrawal from Vadhavan port project: report
  • Cargo owners must be involved in ship safety too
  • Port Klang operators combine resources
  • Hanjin shipyard workers strike
  • P&O Ports buys stake in Cagliari operation
Air and Land Transport
  • Cathay makes initial offer for stake in PAL
    PAL chairman to provide rest of capital injection: financial secretary
  • Airbus may let China make A320 wings
  • FedEx pilots stop flying overtime
  • Audi drops plans to make luxury cars in India
  • China's car demand rebounds after crackdown on smuggling
  • Daimler shareholders accept share swap offer
Features
  • Poor standards are due to substandard mentality
    Substandard ships can't operate without acquiescence of many parties, says Fincantieri MD
Columns
  • Key to improving market is to get rid of sub-standard shipping

Sched Netweb site
  • Cosco profits to compensate for purchase losses
  • Trailblazing Customs at Xiamen
  • Brunswick plans move forward
  • First port design seminar held in Singapore
  • Container wreckage assessment continues
  • North Atlantic still leading airfreight market
  • Garuda to cut costs with charter services
  • Air Baltic, SAS Cargo in tighter co-operation
  • Circle registers gains
  • KLM Cargo to offer pet service on Internet

Cargowebweb site
NOVEMBER 10, 1998
  • 'Freeways must become better and cheaper'
  • Higher profit British Airways
  • Delay in KLM/Alitalia alliance
  • Danzas under its own name in Czech Republic
  • Operating profit BTL slightly down

The Journal of Commerceweb site
Home
  • US-EU ties slip on banana rift
  • ILWU pay soars, and employers see trouble
  • Container industry braces for lawsuits
  • Rail group ponders approaches to new Congress on competition
  • Emery's guaranteed service to start early
  • Union Pacific experiences mini-boom in grain traffic
  • Europe's E1 logistics alliance is coming together
  • JOC industrial price index falls to five-year low
  • Drugs seized on Colombian Air Force plane in South Florida
Transportation
  • DOT moves to calm shippers
  • Mitch's fury delays US firm's rail plan
  • If FedEx pilots strike, don't count on Emery
  • Ferropasa wins jewel in Brazilian rail auction
  • Through the woods, a trail of consolidations
Maritime
  • Unions and US steelmakers battle foreign imports
  • Seaboard, Miami reach accord
  • Winter gale bears down on Great Lakes shipping
  • Crowley floats first Mercosur river push boat
  • Approval pending for Argentina's dredging project
  • US ports adapting as wood shipments face global decline
  • Slot Watch

The Journal of Commerceweb site
Home
  • US-EU ties slip on banana rift
  • ILWU pay soars, and employers see trouble
  • Container industry braces for lawsuits
  • Rail group ponders approaches to new Congress on competition
  • Emery's guaranteed service to start early
  • Union Pacific experiences mini-boom in grain traffic
  • Europe's E1 logistics alliance is coming together
  • JOC industrial price index falls to five-year low
  • Drugs seized on Colombian Air Force plane in South Florida
Transportation
  • DOT moves to calm shippers
  • Mitch's fury delays US firm's rail plan
  • If FedEx pilots strike, don't count on Emery
  • Ferropasa wins jewel in Brazilian rail auction
  • Through the woods, a trail of consolidations
Maritime
  • Unions and US steelmakers battle foreign imports
  • Seaboard, Miami reach accord
  • Winter gale bears down on Great Lakes shipping
  • Crowley floats first Mercosur river push boat
  • Approval pending for Argentina's dredging project
  • US ports adapting as wood shipments face global decline
  • Slot Watch

The Journal of Commerceweb site
Home
  • US-EU ties slip on banana rift
  • ILWU pay soars, and employers see trouble
  • Container industry braces for lawsuits
  • Rail group ponders approaches to new Congress on competition
  • Emery's guaranteed service to start early
  • Union Pacific experiences mini-boom in grain traffic
  • Europe's E1 logistics alliance is coming together
  • JOC industrial price index falls to five-year low
  • Drugs seized on Colombian Air Force plane in South Florida
Transportation
  • DOT moves to calm shippers
  • Mitch's fury delays US firm's rail plan
  • If FedEx pilots strike, don't count on Emery
  • Ferropasa wins jewel in Brazilian rail auction
  • Through the woods, a trail of consolidations
Maritime
  • Unions and US steelmakers battle foreign imports
  • Seaboard, Miami reach accord
  • Winter gale bears down on Great Lakes shipping
  • Crowley floats first Mercosur river push boat
  • Approval pending for Argentina's dredging project
  • US ports adapting as wood shipments face global decline
  • Slot Watch

Cyber Shipping Guide - Ocean Commerceweb site
  • Trio to Add Qingdao Call on Far East/NZ Service
  • CMA-CGM Adds Jakarta Call on MEX Service
  • Hyundai Wins $960 Million Contracts

urgente online pressweb site
  • La agrupación Renfe-Talgo entra en el mercado de Estados Unidos
  • Iberia mejora en la ruta Madrid-Barcelona
  • UPS recibe el premio a la "Mejor web de información al consumidor"
  • New World Alliance introduce un servicio Norte de Europa-Oriente Medio

Exim Indiaweb site
  • Shot-in-arm for joint ventures
  • Silk pre-shipment inspection to go
  • IMC meeting on excise structure rationalisation
  • Myanmar onions import under OGL
  • Higher soyabean output seen
  • Exim Bank's credit line for Polish enterprises
  • CBEC clarification on redemption fine, penalty waiver
  • Move to form NRIs forum to interact with govt.
  • AP to privatise 7 spinning mills
  • Only WTO-accepted subsidies from now on, says Textile Secy
  • Maharashtra signs MoU with TIC for Rs 500-crore agro fund
  • The export target for software

Marine Logweb site
  • Hyundai has record order backlog
    Korea's Hyundai Engineering and Heavy Industries (HEHI) has recently announced shipbuilding contracts which, it says, are worth a total $960 million for 13 vessels.
  • $27.4 million submarine contract award modification for NNS
  • GD take-over of NASSCO gets Pentagon OK
    The Department of Defense has advised theAntitrust Division of the Department of Justice that it has no objection to General Dynamics Corp.'s proposed acquisition of National Steel and Shipbuilding Co.

Lloyd's Listweb site
  • Continental sells off grain arm to Cargill
    US commodity giant Cargill has agreed to purchase rival Continental Grain's worldwide grain business for an undisclosed sum.
  • Salvarani quits safety post to lead transport drive
    ROBERTO Salvarani, the architect of Europe's forceful campaign against substandard ships, has quit his post to help reinvigorate the European Union's drive for improved transport links.
  • Southern Seas planning rise in cover to $500m
    Fixed-premium P&I insurer Southern Seas is set to raise its level of cover to $500m ahead of the forthcoming P&I renewal.
  • Safmarine sale deadline set
    SAFREN expects to draw up a shortlist of candidates to buy Safmarine in the next two to three weeks, and to complete the disposal of its shipping division within about three months.
  • Vadhavan scheme is abandoned
    P&O Ports Australia has withdrawn from the ambitious Rs40bn ($950m) Vadhavan private port project, citing inordinate delays by the state administration over creating a conducive atmosphere for the project.
  • Two more Sanko ships on secondhand market
    JAPAN'S Sanko Steamship has placed a further two vessels on the secondhand market, as poor freight rates continue to dog the dry bulk and tanker sectors.
  • Mitch leaves transport in crisis
    Hurricane Mitch has destroyed many smaller Central American ports, wiped out coastal navigation aids, damaged larger ports and devastated transport infrastructure.
  • Hurricane aftermath set to shake up reefer markets
    REFRIGERATED shipping markets face a shake-up after Hurricane Mitch's devastation of banana plantations in Central America.

Fairplayweb site
NOVEMBER 10, 1998
  • Colombo commissions transhipment terminal
    SRI Lanka Ports Authority today commissioned a new dedicated transhipment container terminal for feeder ships at Colombo.
  • Norwegian bank merger collapses
    A PLANNED merger between Norwegian banks has fallen through as the parties could not agree on the use of the distribution network of Posten Norge.
  • Gdansk opens oil terminal
    THE opening today of the third tanker berth at Poland's Gdansk Oil Terminal will increase the handling ability of the port's Northern Port from 21m tons to 33m tons of oil a year.
  • Hyundai continues MSC slot charter
    HYUNDAI Merchant Marine is to continue its present agreement with Mediterranean Shipping Company next year by chartering slots on MSC vessels.
  • C-Link blacklisted by Philippines
    SINGAPORE-based shipmanager C-Link has been blacklisted and banned from recruiting Filipino seafarers.
  • South Korea to curb TBT paints
    SOUTH Korea's Ministry of Maritime and Fishery will restrict the use of anti-fouling paints containing tributyl tin (TBT).
  • Banks bail out Jindo Corp
    CREDITOR banks have agreed to help save South Korea's Jindo group in a deal which involves swapping debt for an equity stake.
  • California seeks oil-spill contingency plans
    PACIFIC Merchant Shipping Association has sought proposals for the development of a Californian oil-spill contingency plan.
  • Petro Ranger allegations 'preposterous'
    MANAGERS of the hijacked products tanker Petro Ranger have described claims by Chinese authorities that members of the vessel's crew were involved in smuggling as 'preposterous'.
  • P&O Ports sells Vadhavan stake
    P&O PORTS has agreed to sell a major stake in India's Vadhavan port project to Reliance Industries.
  • Swedish flag facing exodus
    SWEDISH owners have confirmed that seven ships are to be withdrawn from the national flag as a result of the government's 1999 draft budget.
  • Finnish minister hits back at yards
    FINLAND'S trade and industry minister has attacked Aker Finnyards and Kv'rner Masa-Yards for blaming the government for problems in the industry.
  • Seaboard signs Miami deal
    A LONG-term terminal agreement has been signed between the Port of Miami and South Florida-based Seaboard Marine.
  • Banana crops devastated by Mitch
    HURRICANE Mitch has devastated banana plantations in Honduras, Guatemala and Nicaragua.

Daily Commercial Newsweb site
  • MUA sues over WA conspiracy
    The Maritime Union of Australia is sharpening its battle tactics on the western waterfront, mounting a conspiracy case in the Federal Court against the Geraldton Port Authority, former WA Transport Minister Eric Charlton and present state Transport Minister Murray Criddle.
    Documents lodged in the Federal Court for the MUA on Tuesday seek an injunction to prevent the GPA from privatising its workforce on 31 December.
    Geraldton's reform program will see it license stevedoring, effectively ending its role of providing stevedoring labor.
    In a prepared statement the MUA said the Federal Court action would be modelled on the successful court action against Patrick Stevedores.
  • Deadweight Devil a first for Hobart's Incat
    Incat Australia launched its largest wave-piercing catamaran from the Coverdale building hall at its Hobart yard on Saturday.
    A spokeswoman for the company said the launch of the 96-metre, $70 million Devil Cat was on the smoothest in recent times -- a particularly pleasing result given the reduced margins for error involved in launching vessels of that size from Incat's drydock.
    With a displacement of about 870 tonnes and a deadweight capacity of 800 tonnes, the new vessel is almost capable of carrying its own weight -- an achievement which Incat believes is a world first in vehicle-passenger ferry design.
  • MIIU mulls carrier grounding
    The Maritime Incident Investigation Unit is thinking of conducting an official investigation into the grounding of a Panama-flagged woodchip carrier on a sandbank in the Tamar River near Launceston on Saturday evening.
    However, given that the 50,000 DWT vessel Crimson Venus was successfully freed by tugs on Sunday and embarked on her return voyage to Japan early on Monday morning after passing a Class NK inspection, the MIIU may decide not to pursue the matter.
    According to the Launceston Port Corporation's chief executive Craig Faulkner, the incident occurred as the Crimson Venus left the port's No 6 berth at 6pm on Saturday.
    "Basically the vessel was being taken off our No 6 berth after it has been loaded with woodchips, and it was caught by the wind and tide and found its way onto a sandbar," Mr Faulkner said.
  • SCT runs into new terminal
    AUSTRALIA'S first private interstate freight train operator Specialized Container Transport has begun its thrice-weekly Melbourne-Perth trains to its new $18 million rail terminal at Forrestfield in Perth.
    The Melbourne-based company revealed yesterday the long-awaited construction of its Western Australian freight hub was nearing completion, with services expected to be fully operational by mid-December.
  • Skilled Maritime cruises into Sydney
    Skilled Maritime Services has made a small foray into the port of Sydney in the area of baggage handling for visiting cruise ships.
    SMS manager Ken Drake, described the event as "a bit of a first", with the activity previously the sole domain of the Marine Porters Association, which is affiliated to the Maritime Union of Australia.
    Mr Drake said: "It's all been negotiated with the unions -- there's nothing underhand about it."
    Mr Drake said Skilled performed their first job last Saturday, on the NYK vessel, Crystal Harmony.
    He said the deal was on a "job by job" basis, but SMS was looking for more work in the area.

Marine Linkweb site
NOVEMBER 10, 1998
  • German Enviro Disaster Caused By Burning Freighter
    An oil slick off the German coast has caused what is being reported as the region's worst environmental disaster in living memory and endangered thousands of sea birds and animals. Oil has been leaking from the wrecked Italian-owned freighter Pallas since it caught fire in the North Sea two weeks ago and came to rest on one of Germany's North Fresian islands.
  • EuroCom To Get Copenhagen Listing
    EuroCom Industries A/S (ECI), one of the largest suppliers of communication equipment for the maritime market with a reported turnover of $83.2 million in 1997 will get a listing on the Copenhagen stock exchange. The company is owned 50 percent by SAIT-RadioHolland, 50 percent owned by Germany's STN ATLAS Marine Electronics GmbH.
  • VLCC Rates Steady
    VLCC rates were generally steady, as the market awaited the release of Saudi stems for December.
    Mideast/UKC and Mideast/Singapore rates were pegged at W52.5 ($9.4/ton) and W57.5 ($4.0), respectively, both unchanged, and Mideast/Japan slightly softer at W60 ($7.0).
  • Sea Containers Earnings Up 35%
    Sea Containers Ltd. reported a 35 percent boost in third-quarter earnings to $20.8 million and said it reaffirmed fiscal year earnings forecasts of at least $3.00 a share. The diversified marine container lessor which operates passenger transport and hotels said 1997 period included a gain on sale of a hotel property of $5 million, or $0.26 per common share, so the year to year improvement is even greater if this gain is excluded.
  • Barry Leads Business Delegation To Cameroon
    A U.S. business delegation led by Washington Mayor Marion Barry is in Cameroon to look at various investment projects, including the development of Douala port.
  • Cranes Headed For Port Of Tacoma
    Four container cranes bound for the Port of Tacoma's new Hyundai Terminal project are expected to arrive on Thursday. The cranes are part of the $63 million construction of the port's new container terminal for Hyundai Merchant Marine which will be completed by the end of November.
  • Shipsales
    Tanker Sanko Eternal, built 1991, 96,117 dwt, sold for $21 million to Italian based Greek buyers including a timercharter back at $17,000 daily.
    Tanker Xin Ning, built 1986, 5,940 dwt, sold for $5.2 million to Chinese buyers.
    RoRo Brabant and Bayard, built 1998 and 1997 respectively, 11,900 dwt and 12,488 dwt ,sold for $98 million en-bloc.

›››File
FROM THE HOME PAGE
The level of connection of Italian ports to the global containerized maritime services network remains stable
PORTS
The level of connection of Italian ports to the global containerized maritime services network remains stable
Geneva
The PLSCI index of the top seven Italian ports most connected to the network is growing
In the first two months of 2026, cargo traffic in Chinese seaports grew by +6.7%
Foreign traffic increased by 9.2%. Container traffic increased by 9.8%.
SHIPPING
Hapag-Lloyd's revenues decreased by 15.2% in the fourth quarter of 2025.
Hamburg
Container traffic handled by the German company's fleet increased by +5.5%
CUSTOMS
The future European Union Customs Authority will be based in Lille, France.
Brussels
It is expected to employ around 250 people.
SHIPYARDS
The Romanian government is reportedly preparing to nationalize the Mangalia shipyard.
Bucharest
SHIPYARDS
Fincantieri reports record annual financial and commercial results.
Trieste
In 2025, revenues grew by +13.1% and the value of new orders increased by +32.4%
SHIPYARDS
Damen and other creditors have rejected the reorganization plan of the Romanian shipyard in Mangalia.
Mangalia
INFRASTRUCTURE
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
FREIGHT TERMINALS
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
TRADE
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
SEAFARERS
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
PORTS
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
CRUISES
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
PORTS
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
SHIPPING
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
SHIPPING
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
TRADE
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
PORTS
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
PORTS
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
ACCIDENTS
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
SHIPPING
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
SHIPPING
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
SHIPPING
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
PROGRESS AND TECHNOLOGY
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
PORTS
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
ACCIDENTS
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
PORTS
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
LAW
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
PORTS
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
SAFETY & SECURITY
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
TRUCKING
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
SHIPPING
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
SEAFARERS
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
SHIPPING
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
PORTS
EU Commission and EIB support for investment projects in small and medium-sized ports
SHIPPING
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
TRANSPORTATION
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
INSTITUTIONS
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
INTERMODAL TRANSPORT
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
SHIPPING
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
SHIPPING
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
ACCIDENTS
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
PORTS
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
ACCIDENTS
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
ACCIDENTS
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
COMPANIES
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
INTERMODAL TRANSPORT
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
SHIPPING
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
PORTS
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
PORTS
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
SHIPPING
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
PORTS
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
PORTS
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PORTS
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
PORTS
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
SHIPPING
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
SHIPPING
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
PORTS
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
POLICY
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
PORTS
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
CRUISES
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
POLICY
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
POLICY
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
PORTS
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
ACCIDENTS
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
POLICY
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
POLICY
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
POLICY
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
ACCIDENTS
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
ACCIDENTS
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
SHIPYARDS
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
PORTS
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
SHIPPING
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ACCIDENTS
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
SEAFARERS
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
ACCIDENTS
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
CRUISES
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
SHIPPING
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
SHIPPING
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
ACCIDENTS
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
Due to the national journalists' strike proclaimed by the National Federation of the Italian Press, which our editorial staff is adhering to, no news will be published by our newspaper today.
LEGISLATION
Confitarma praises legislative initiative for the maritime sector
Rome
Regulatory simplification is a good thing, an essential element for strengthening the competitiveness of national armaments
LEGISLATION
Assarmatori welcomes the Senate's approval of the "Promoting Marine Resources" bill.
Rome
Messina: overcomes a limitation of the Navigation Code that allows only Italian and EU citizens to join Gente di Mare.
PORTS
The port system of Venice and Chioggia generates a production value of approximately 15 billion euros
Venice
Direct employees are 26,898 and, including related industries, they rise to 218,853
RAILWAY TRANSPORT
Green light for aid to reopen the Orbassano-Aiton Alpine Railway Highway.
Brussels
The European Commission authorizes subsidizing the service
JOBS
Fit Cisl Savona, alarm raised over the potential impact on jobs of the drop in traffic at Vado Gateway.
Savona
PORTS
The Gioia Tauro Port Authority Management Committee approved the reimbursement of mooring fees.
Gioia Tauro
1.5 million euros allocated
LOGISTICS
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
PORTS
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
SHIPYARDS
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
COMPETITION
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
PORTS
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
PORTS
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
JOBS
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
MOURNING
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
PORTS
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
LOGISTICS
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
PORTS
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
PORTS
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
PORTS
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
RAILWAY TRANSPORT
UNI/Fermerci reference practices on staff training presented at MIT
Rome
PORTS
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
RAILWAY TRANSPORT
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
SHIPPING
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
PORTS
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
SHIPYARDS
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
COMPANIES
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
PORTS
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
LOGISTICS
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
SHIPPING
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
LOGISTICS
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
PORTS
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
FINANCING
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
MARITIME SERVICES
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
PORTS
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
CRUISES
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
SHIPPING
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
SHIPPING
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
PORTS
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
SHIPPING
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
PORTS
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
LOGISTICS
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
COMPANIES
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
SHIPPING
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
MARITIME SERVICES
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
PORTS
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
SHIPPING
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
ECONOMY
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
FREIGHT TERMINALS
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
CRUISES
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
ASSOCIATIONS
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
PORTS
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
PORTS
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
ASSOCIATIONS
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
RAILWAY TRANSPORT
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
SHIPPING
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
SHIPYARDS
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
POLICY
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
PORTS
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
INDUSTRY
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
SHIPPING
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
PORTS
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
NEWS
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
CRUISES
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
SHIPPING
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
LOGISTICS
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
PORTS
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
YACHTING
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
CRUISES
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
TRUCKING
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
SHIPYARDS
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
RAILWAY TRANSPORT
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
SHIPPING
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
YACHTING
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
TRUCKING
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
INDUSTRY
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
SHIPYARDS
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
SHIPPING
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
FREIGHT TERMINALS
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
FREIGHT TERMINALS
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
ACCIDENTS
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
ENVIRONMENT
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
PORTS
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
TRADE
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
RAILWAY TRANSPORT
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
OFFSHORE
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
SHIPPING
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
PORTS
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
SHIPPING
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
PORTS
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
SEAFARERS
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
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
MEETINGS
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
MEETINGS
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
RAILWAY TRANSPORT
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
SHIPPING
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
PORTS
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
PORTS
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
PORTS
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
PORTS
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
PORTS
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
SHIPPING
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
SHIPPING
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
PORTS
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
MEETINGS
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
COMPANIES
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
OFFSHORE
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
AWARDS
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
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