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14 September 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
July 2, 1999
Sched Netweb site
  • HKSLA offers advice on container cons
  • Hyundai opens Pusan terminal
  • Stinnes takes over former DSR routes
  • Thai-Europe freight rates stabilise
  • Vietnam in $4.5b port overhaul
  • Hapag-Lloyd undergoes restructuring
  • Won withdraws from Anera opt-out case
  • Airlines withdraw SAA bids
  • Call for PAL assets sale
  • Delta applies for Lyon route
  • Airlines clamour for LOT
  • United reshuffles management
  • Air France prepares for peak season

Cargowebweb site
JULY 1, 1999
  • Hankook Tires will build distripark in Rotterdam
  • 'German takeover NS Cargo is monopolization'
  • Mont Blanc disaster victim lodges complaint
  • Concentration in inland shipping

Cyber Shipping Guide - Ocean Commerceweb site
  • Sinokor Set to Make Debut in Japan/Korea Trade
  • P&O Ports Acquires US Terminal Operator
  • Cargo Community System Japan Set Afloat
  • FDX Corp Reports 25% Growth in Profit

urgente online pressweb site
  • La Autoridad Portuaria de Las Palmas plantea el hundimiento del buque Archangelos
  • Curso de Internet en el Transcantábrico de Feve
  • KLM Cargo transportará perecederos refrigerados de Sudáfrica y Sudamérica
  • Chronopost vende al Correo de Brasil su tecnología de seguimiento de envíos
  • Iberia vuela a la ciudad italiana de Bolonia
  • Crossair renovará flota con la firma brasileña Embraer

Exim Indiaweb site
  • Filling of Excise Refund application after 6 months from the date of exports - T.N.C. Rajagopalan
  • TA & NZOL merger complete Tasman Orient Line is born
  • NTPC to invest Rs 500 cr in Pipavav LNG unit
  • NSCSA commences JNP-US East Coast service
  • Andhra CM inaugurates Apparel Export Park near Hyderabad
  • Concor pays final dividend of 25 pc
  • ITPO to hold Catalogue Show in Mauritius
  • Cabinet clears ministry plan to join coffee body
  • Promising global factors for leather export boost
  • Cargo handling in Major Ports spurts by 6.6 pc
  • Imports from 134 developing nations exempted from safeguard duty
  • Vallarpadam box terminal MoU likely in August
  • Packaged software market logs 14 pc growth
  • RITES moots ports funding body
  • Exports spurt by 12 per cent in May
  • Wheat exports hinge on good production: Sompal
  • Safeguard duty slapped on phenol imports

The Bunker Bulletinweb site
JULY 1, 1999
  • NWE bunkers: Back to the 90s
  • Mediterranean markets: Tight avails in the East, improving in the West
  • Asian markets: All bets are off
  • Crude rallies to new record
  • New mobile numbers for Clarksons

Marine Logweb site
JULY 1, 1999
  • Lloyd's Register offers classification for naval vessels
    Lloyd's Register has now developed new rules for the design, construction and maintenance of naval ships . The rules have been developed over the last two years in close cooperation with the UK Ministry of Defense, DERA (Defense Evaluation and Research Agency), naval shipbuilders and the defense industry.
  • Planned OMI venture with Heidmar falls apart
    OMI Corporation , Osprey Maritime Limited and their joint venture marketing pool company International Product Carriers Limited (IPC), and Heidenreich Marine Ltd. ("Heidmar") say they have been able to agree terms for IPC to combine with OMI-Heidmar Shipping LLC ("OMI-Heidmar"), OMI and Heidmar's joint venture in Singapore.
  • Ingalls inching into Hawaii ship repair market
    Ingalls will be assisting local repairers in a package of repairs in Pearl Harbor that includes the S.S. Independence. It could be the prelude to a much larger Hawaiian involvement by the Litton subsidiary.

Il Sole 24 Ore On Lineweb site
  • Il presidente dell'Assindustria Riccardo Garrone contro il Piano regolatore
    No delle imprese al nuovo porto
    Secondo l'associazione si tratta di un progetto che non affronta i nodi dello sviluppo dell'economia locale
  • Ma l'Autorità replica: «È una scelta molto innovativa»
  • Napoli, crolla la barriera scalo-città
  • E anche l'interporto è meno lontano

Lloyd's Listweb site
  • Ashcroft bails out of Belize registry
    BILLIONAIRE businessman Michael Ashcroft - a major financial backer of Britain's opposition Conservative Party - has sold his 50% interest in the Belize register, widely regarded as one of the world's worst flags of convenience. The registry yesterday said it did not know who now owned it, and as long as its operations remained unaffected, it was not concerned. While the sale is officially described as a straightforward business decision, it may flow from the increasing political pressure on Mr Ashcroft since Lloyd's List revealed his link to the flag last year. Deputy prime minister John Prescott publicly attacked the Belize registry as "buccaneers" at a meeting at the United Nations in April. Now Labour MP Peter Bradley has written to the Foreign Office, alleging that ministers in the last Conservative government applied pressure on the Belize government to maintain a 30-year tax holiday for Mr Ashcroft's interests in the country. Mr Ashcroft is treasurer of the Conservative Party, and is believed to have donated '8m ($12.8m) to the Tory cause in recent years. His company, Carlisle Holding, has announced the sale of its non-core investments in Central America and the Caribbean. Total sales proceeds, including assumed debt, amount to $29m. Disposals include a 50% stake in Belize International Services, the company which owns the Belize register - known as Immarbe - on behalf of the government. Asked the identity of the purchaser, Richard Haas, the senior official present at Immarbe's office in Belize City yesterday, replied: "I do not know." Contending that ownership has no impact on operational matters, he added that it did not matter and he was not personally concerned. He believed, but could not confirm, that Panamanian company Morgan and Morgan has maintained its existing 50% stake. Mr Haas is both technical advisor to the flag and its representative at the International Maritime Organisation. Asked about Belize having the worst detention record in Tokyo memorandum states, he professed to being "embarrassed". "I am not going to tell you our ships are pristine clean. They are not," he admitted. "I have got some bad dudes who are not doing what they should be, and I resent them for it." However, he believed the statistics were "tainted" and that Japanese officials picked on Belize ships, sometimes detaining them for trivialities. As part of a drive to raise standards, some 80 vessels had been fined between $1,000 and $50,000. A survey company had been successively fined $15,000, $15,000 again and then $20,000, and was finally derecognised. Mark Dickinson, assistant general secretary of the International Transport Workers' Federation, which campaigns against flags of convenience, said: "It is astonishing that Mr Haas appears not to care who owns the registry. Presumably, they pay his wages. "Belize is a flag of convenience with a terrible fleet. What about the crew members who lose out when things go wrong?" Mr Ashcroft was not available for comment yesterday.
  • Rates pressure forces Transroll out of Europe-Latin America service
    Brazil'S Transroll Navegacao, the last of the domestically-owned lines on deepsea container trades, yesterday succumbed to the pressure of falling rates and imbalanced trades by announcing that it was pulling out of the east coast South America to Europe market.
  • ALM disappointed at FSA plan for Lloyd's
    The Association of Lloyd's Members expressed disappointment yesterday at the extent of the supervision of Lloyd's that would remain with the Council of Lloyd's under plans outlined by the Financial Services Authority on Wednesday.
  • Preussag approves structure changes
    THE supervisory board of the conglomerate Preussag, based in Hanover, yesterday approved the bundling of the group's logistics activities within Hapag-Lloyd.
  • Component makers attack Korea yard sanctions move
    GERMAN ship component makers and shipyard suppliers have come out against any European sanctions against South Korea over alleged dumping practices in shipbuilding, their association Verband Deutscher Maschinen und Anlagenbau said yesterday.
  • Cunard cuts prices by 20%
    Cunard Line has reduced its cruise fares by 20% for next year after a pricing review by its parent Carnival.
  • Paniguan reaffirms support for safety and technical excellence
    MEMBERS of the Oil Companies International Forum have elected Richard Paniguan, a vice-chairman of the organisation and chief executive of BP Amoco Shipping, to be its chairman.
  • Master fined over forged certificate
    A SEAFARER has been fined '1,000 ($1,600) after using a forged British deck officer's certificate to obtain a Barbadian master's licence.

Fairplayweb site
JULY 1, 1999
  • Bulker sinks after collision with VLCC
  • Olsen voters sink share issue and tanker purchase
  • Six new vessels for Grimaldi Group Naples
  • Montanari shares but no more cash for Skaugen
  • New incentive for Australian shipbuilders
  • Danish owner may sue government over duty free
  • Barcelona hands over cruise terminals
  • Malta Freeport posts profit and passes 1M TEU
  • Capespan upgrades South African facilities
  • RBI okays LNG carrier charter rate
  • LR launches naval ship rules
  • MOU for Vallarpadam terminal in August
  • China focuses on steel industry economies
  • Holiday port upgrade for Philippines island

The Journal of Commerceweb site
Home
  • Remote filing wins admirers
  • Quartel's departure signals prospects for compromise
  • FedEx, UPS tapping international profit
  • Deadline passes, but talks continue into the night on West Coast waterfront labor pact
  • Manugistics names Andersen Consulting's Terrance Austin executive vice president
  • Canada appoints mediators to avert strike at Air Canada
  • Amtrak settles discrimination suit filed by black managers
  • J.D. Edwards and SynQuest to make new supply chain software product
  • RailAmerica's Chilean rail subsidiary wins $33 million shipper contract
  • Drug store chain Duane Reade gets new head of logistics
Transportation
  • Tomcats targets buyers of stolen goods
  • Cargo theft: business' unreported crime
  • NS, CSX say problems seem to be easing
  • Finland plans to expand airport, create port as it improves transport links with neighbors
  • AEI bundles Net capabilities on its Web site for customers
  • Emons shareholders approve recapitalization of stock
  • US bank asks Manila agency to sell carrier's non-core assets
  • TNT signs pact with Ford, Mazda
  • German, Dutch expect freight merger in 2000
  • Open-skies negotiations are postponed
  • Indian unit won't expand services until regulatory climate changes
Maritime
  • Hamburg-Sud subsidiary buys Brazil-Europe service
  • BLG reports cargo on rise in Bremen, Bremerhaven
  • PSA adds Portuguese port to global operations
  • DCL to pay $800,000 fine

The Journal of Commerceweb site
Home
  • Remote filing wins admirers
  • Quartel's departure signals prospects for compromise
  • FedEx, UPS tapping international profit
  • Deadline passes, but talks continue into the night on West Coast waterfront labor pact
  • Manugistics names Andersen Consulting's Terrance Austin executive vice president
  • Canada appoints mediators to avert strike at Air Canada
  • Amtrak settles discrimination suit filed by black managers
  • J.D. Edwards and SynQuest to make new supply chain software product
  • RailAmerica's Chilean rail subsidiary wins $33 million shipper contract
  • Drug store chain Duane Reade gets new head of logistics
Transportation
  • Tomcats targets buyers of stolen goods
  • Cargo theft: business' unreported crime
  • NS, CSX say problems seem to be easing
  • Finland plans to expand airport, create port as it improves transport links with neighbors
  • AEI bundles Net capabilities on its Web site for customers
  • Emons shareholders approve recapitalization of stock
  • US bank asks Manila agency to sell carrier's non-core assets
  • TNT signs pact with Ford, Mazda
  • German, Dutch expect freight merger in 2000
  • Open-skies negotiations are postponed
  • Indian unit won't expand services until regulatory climate changes
Maritime
  • Hamburg-Sud subsidiary buys Brazil-Europe service
  • BLG reports cargo on rise in Bremen, Bremerhaven
  • PSA adds Portuguese port to global operations
  • DCL to pay $800,000 fine

The Journal of Commerceweb site
Home
  • Remote filing wins admirers
  • Quartel's departure signals prospects for compromise
  • FedEx, UPS tapping international profit
  • Deadline passes, but talks continue into the night on West Coast waterfront labor pact
  • Manugistics names Andersen Consulting's Terrance Austin executive vice president
  • Canada appoints mediators to avert strike at Air Canada
  • Amtrak settles discrimination suit filed by black managers
  • J.D. Edwards and SynQuest to make new supply chain software product
  • RailAmerica's Chilean rail subsidiary wins $33 million shipper contract
  • Drug store chain Duane Reade gets new head of logistics
Transportation
  • Tomcats targets buyers of stolen goods
  • Cargo theft: business' unreported crime
  • NS, CSX say problems seem to be easing
  • Finland plans to expand airport, create port as it improves transport links with neighbors
  • AEI bundles Net capabilities on its Web site for customers
  • Emons shareholders approve recapitalization of stock
  • US bank asks Manila agency to sell carrier's non-core assets
  • TNT signs pact with Ford, Mazda
  • German, Dutch expect freight merger in 2000
  • Open-skies negotiations are postponed
  • Indian unit won't expand services until regulatory climate changes
Maritime
  • Hamburg-Sud subsidiary buys Brazil-Europe service
  • BLG reports cargo on rise in Bremen, Bremerhaven
  • PSA adds Portuguese port to global operations
  • DCL to pay $800,000 fine

Antwerpse Lloyd n.v.web site
  • Aliança reprend le service de Transroll entre l'Amérique du Sud et l'Europe
    La compagnie maritime Transroll Navegaçao a informé ses agents européens qu'elle a vendu ses activités de ligne sur la liaison entre l'Europe et la côte Est de l'Amérique du Sud à Aliança Maritima. Les deux armements brésiliens collaboraient sur cette route dans le cadre d'un consortium comprenant également CGM et Hamburg Süd (Aliança et Hamburg Süd font partie du même groupe allemand Oetker). Aliança renforce ainsi sa position, sous pavillon national, sur la relation Europe/Amérique du Sud. Le nom "Transroll" ne disparaît pas pour autant de la scène européenne. Aliança devrait poursuivre les activités reprises sous la dénomination commerciale de "Transroll International" et avec une organisation commerciale séparée.
  • Le groupe australien BHP prend une participation dans Cobam
    Le groupe d'exploitation minière australien BHP (Broken Hill Proprietary Company Ltd) a décidé de prendre une participation de 50% dans l'entreprise maritime belge Cobam, qui est active dans l'exploitation de navires, le chartering et l'affrétement. Cobam est une filiale à part entière de Cobelfret depuis 1993, lorsque ce groupe avait repris la participation de 50% de l'entreprise néerlandaise Hoogovens.
  • Brucargo Express a été vendu à Press Cargo
    La filiale belge du groupe néerlandais de transport routier de fret aérien Rutges, Brucargo Express, a été vendue hier jeudi au groupe espagnol Press Cargo. Celui-ci a déjà une filiale en Belgique, sur le site de Brucargo, à savoir Press Cargo Belgium. Les deux entreprises demeureront séparées, mais sont appelées à collaborer. Le montant de la transaction n'a pas été révélé.
  • Les résultats de Kombiverkehr sont meilleurs sur les axes internationaux que nationaux
    Les résultats du dernier exercice de Kombiverkehr sont moyens. Une croissance de volume d'un pour cent et demi, une augmentation du CA d'un pour cent... selon le porte-parole, ce sont là "les résultats d'une faible conjoncture et de la surcapacité dans le transport routier".

Marine Linkweb site
JULY 1, 1999
  • Aalborg Buys Marine Boilermaker
  • R&B Falcon Barge Destroyed
  • Score One For The Crews
  • OMI Wants Out
  • Oil Rallies

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

International Transport Journalweb site
Feature
  • Demand for regional jets. The pattern is changing with regional carriers as pure jet aircraft push turboprops out of their traditional markets.
Maritime
  • Alianca, part of the Hamburg Sud group, is taking over Transroll's container operations between Europe and the South American east coast.
  • The Grand Alliance launches the China-Korea Express (CKX).
  • Turkon Line of Istanbul now serves ports in Israel.
  • Evergreen Marine Corp almost maintained profit in 1998 despite adverse conditions, but expressed its willingness to consider entering alliances.
  • Wilh. Wilhelmsen posted higher pre-tax profits in 1998.
  • Wallenius boosted its market share from 16% to nearly 18% in 1998.
  • Conterm expands its range of services to more key markets.
  • New publications: Bimco Freight Taxes 1999; Container Intelligence Monthly.
Ports and Terminals
  • PSA Corp signs agreement to operate a container terminal at Sines, and buys a stake in TDT in Leghorn.
  • Bidding will start for a container terminal in Bilbao.
  • The Katoen Natie/Seaports Terminals group gains the Radicatel terminal concession in Antwerp.
Forwarding and Logistics
  • Sweden Post's battle to control ASG enters a new phase.
  • C.H. Robinson buys Vertex.
  • The Geodis group takes over United Carriers in the UK.
  • Circle continues to invest in logistics centres worldwide.
  • The Transit - Transeuroasia'99 event in Alma Ata attracted a number of leading companies.
Aviation
  • United Parcel Service is taking over Challenge Air Cargo, which specialises in the Latin American market.
  • Swissair buys 20% of South African Airways and forms an airline management company with Sabena. Swissport has joined CSC Holding to form a joint venture called Dutchport Groundhandling.
  • Korean Airlines has ordered two B747-400 freighters, and increased cargo capacity to Shanghai.
  • Air France's passenger results were up in 1998, but cargo had a bad year.
  • Waco airlines posted solid results in 1998, and they are now registering The Waco System.

TradeWindsweb site
  • Rebound turns to Mini-boom
    SHIPYARDS are enjoying an orders mini-boom as owners seek to tie-up contracts before the summer vacation. Some yards are being swamped with enquiries as many owners seem to have reached the conclusion that newbuilding prices will increase. The likes of Moller, Gestion, Cosco and Mitsui are among those in talks.
  • Ofer buys ships across the board
  • Brothers part ways
  • Greek in a comeback
  • No tally-ho for Ta-Ho
  • Changing alliances
  • It's 300,000 tons of fun
  • New salvage agreement
  • Casualties

›››File
FROM THE HOME PAGE
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
Companies inform
Accelleron and Geislinger: An Evolving Technical Collaboration
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
Shanghai
Sharp decline in economic performance in the trans-Pacific and Asia-Europe markets
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
Genoa
Falteri: it can become the artery of an economic and social body that has been underdeveloped to date
SBB CFF FFS Cargo's half-year performance was negative.
Bern
The Swiss company announced a drop in volumes in both domestic and transit traffic.
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
In the April-June period, net profit was 122.4 million dollars (+32.4%)
Cargo traffic at Chinese seaports hit a new record high in July
Cargo traffic at Chinese seaports hit a new record high in July
Beijing
Foreign traffic amounted to 427.6 million tonnes (+6.1%)
South Korea's HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Co. to merge
Seoul
The completion of the operation is expected for next December 1st.
Filt Cgil, priority should be given to valorizing AdSP workers rather than assigning positions
Rome
The union denounces the failure to comply with the National Collective Labour Agreement
In the second quarter of this year, freight traffic in the port of Venice grew by +4.1%
Venice
There were 228 thousand cruise passengers (+12.8%)
COSCO Shipping International's revenues increased by 10.3% in the first half of the year.
Hong Kong
Net profit was HK$494.6 million (+26.0%)
G20 nations' merchandise trade showed modest growth in the second quarter
Geneva
The increase in trade in services was more pronounced
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
Seongnam
Agreements with the US investment firm Cerberus Capital and the Korea Development Bank
MSC World Europa cruise ship crashes off the coast of Ponza
Rome
The Coast Guard reports that the situation on board, where there are 8,585 people, is calm and under control.
MSC World Europa has resumed autonomous sailing
Rome
Electrical problem solved, the cruise ship is headed for the port of Naples
PostEurop warns that from August 29, shipments of goods to the USA could be limited or suspended
Brussels
Last month, Trump eliminated tariff exemptions for low-cost goods.
Chinese oil company OOIL sees growth in its half-year financial results.
Hong Kong
In the first six months of this year, revenues increased by +5.0%
Premier Alliance to split Mediterranean Pendulum 2 service next month
Seoul/Singapore/Keelung
Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI Algeciras
Schiphol
The two terminal companies manage a total of nine Spanish port terminals
ZIM's quarterly economic and operating performance declines
ZIM's quarterly economic and operating performance declines
Haifa
In the period April-June the average value of freight rates fell by -11.6%
Interferry's Entry/Exit System risks delaying ferry operations at European ports.
Victoria
The system will come into force on October 12th
DFDS closes second quarter with a loss
Copenhagen
In the period April-June 2025 the fleet transported 10.6 million linear meters of rolling stock (-0.4%)
Ammonia and methanol are ready to decarbonize shipping, but some obstacles to their use must be removed.
New record quarterly results for the American cruise group Viking
New record quarterly results for the American cruise group Viking
Los Angeles
The April-June period closed with a net profit of 439.2 million dollars (+182.2%)
Container traffic in the port of Barcelona grew by 1.8% last month.
Barcelona
202,321 TEUs handled at loading and unloading (+10.4%) and 142,492 TEUs in transit (-8.3%)
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
Hamburg
Sharp increase in transshipment container volumes (+26%)
Norway's Xeneta has bought Denmark's eeSea
Oslo
Both companies provide data and information for the optimization of containerized maritime transport
In the April-June quarter, freight traffic in Tunisian ports decreased by -3.8%
La Goulette
In the first six months of 2025, 13.8 million tonnes were handled (-3.2%)
Port of Koper sets new quarterly records for containers and rolling stock
Ljubljana
In the period April-June, 5.6 million tons of goods were moved (-4.1%)
Port of Los Angeles hits record monthly container traffic
Los Angeles
Over one million TEUs were handled in July (+8.5%)
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hamburg
Net profit fell by -39.4%
Evergreen reports an 18.7% drop in quarterly revenues
Taipei
The April-June period closed with a net profit decrease of -62.9%
South Korean company HMM's revenues fell by 1.5% in the second quarter.
Seoul
Trump announces rejection of IMO's shipping decarbonization program
Washington
The proposed framework - it is denounced - is in effect a global carbon tax that affects Americans and is imposed by an irresponsible United Nations organization.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Keelung/Taipei
In the period April-June, revenues decreased by -26.5% and -8.7% respectively
Cruise traffic at Global Ports Holding terminals grew by 6.0% in the second quarter
Istanbul
In the first six months of 2025, an increase of +16.7% was recorded
In the period April-June, cargo traffic in Croatian ports decreased by -4.0%
Zagreb
Cruise passengers grow by +5.4%
Container traffic at US ports is expected to plummet in the second half of this year.
Washington/Long Beach
In July, the Port of Long Beach handled 944,000 TEUs (+7.0%)
ThyssenKrupp shareholders approve spin-off of ThyssenKrupp Marine Systems
Eat
The company will be listed on the Frankfurt Stock Exchange
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
Geneva
Global trade in goods is expected to grow by 0.9% this year
Hupac will increase the number of weekly rotations between Busto Arsizio and Basel from five to eight
Noise
Increase in attendance from September 1st
From January 1st, new bunkering regulations will apply in the ports of Rotterdam and Antwerp.
Rotterdam
The barges must be equipped with flow meters
Maersk reports higher quarterly revenue, lower earnings
Maersk reports higher quarterly revenue, lower earnings
Copenhagen
Terminals and logistics have made a positive contribution. Container shipping benefits from demurrage revenues.
The CIPESS has approved the final project for the bridge over the Strait of Messina.
Rome
Construction will begin this year and the project will be completed in 2032.
DHL Group revenues fell by 3.9% in the second quarter
DHL Group revenues fell by 3.9% in the second quarter
Bonn
Significant reduction in shipments from China and Hong Kong to the US due to Trump's abolition of the de minimis regime
The Grendi group has acquired 70% of Dario Perioli Spa
The Grendi group has acquired 70% of Dario Perioli Spa
Milan
The remaining 30% will remain with Fingiro, owned by Michele Giromini, the company's CEO.
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
In the second quarter, sales of dry containers produced by CIMC fell by -33%.
Hong Kong
Reefer boats increase by 57%
The Grimaldi Group has taken delivery of the Grande Shanghai
Naples
It will be used for the transport of vehicles between East Asia and Northern Europe
The ART urges to verify that the investment plan and the related amortization period are consistent with the duration of the port concessions.
Turin
Chinese automaker FAW ships components to Europe by train
Changchun
Transit time reduced to 18 days compared to 45 days for maritime transport
The assets and fleet of the Spanish Armas Trasmediterránea will be sold to Baleària and DFDS
Las Palmas/Dénia/Copenhagen
Two agreements worth €215 million and €40 million respectively have been signed.
Italian State Railways (FS), investing €70 million to install the ERTMS system.
Rome
Work has been completed on 382 Trenitalia trains, while the retrofitting of 60 locomotives from Mercitalia Rail, an FS Logistix company, is underway.
MPC Container Ships' quarterly revenue returns to growth
The second quarter of 2025 was closed with a net profit of 78.1 million dollars (+20.5%)
Plans to build two container customs areas north and south of the Suez Canal
Cairo
Fourteen of the 48 abandoned shipwrecks in Catania port have been removed.
Catania
The activity will be replicated in the port of Augusta
The Regional Administrative Court (TAR) has confirmed the validity of the tender for the new Ravano Terminal in the port of La Spezia.
La Spezia
DP World's port terminals handled record quarterly container traffic
Dubai
Revenues grew by 22.2% in the first half of 2025
In the quarter April-June the volume of rolling stock transported by Höegh Autoliners increased by +9.0%
Oslo
Sharp increase (+46.6%) of vehicles from Asia
South Korea's HD Korea Shipbuilding & Offshore Engineering acquires Vietnam's Doosan Enerbility
Seongnam
It manages an industrial area with its own port facility
Container traffic in the port of Algeciras grew by 6.6% in July
Algeciras
In the first seven months of 2025, a decrease of -2.9% was recorded
In July, the port of Valencia handled 488,000 containers (+6.7%)
Valencia
Increase driven by growth in empty containers
Salvini has appointed Annalisa Tardino as extraordinary commissioner of the Western Sicilian Sea Port Authority.
Rome/Palermo
The President of the Sicilian Region announces the appeal against the provision
The materials dredged in the ports of La Spezia and Carrara will be used for the construction of the new breakwater in Genoa.
Genoa/La Spezia
Agreement between the two Ligurian Port System Authorities
X-Press Feeders denounces authorities' failure to acknowledge responsibility in the X-Press Pearl accident
Singapore
According to the company, the Supreme Court ruling ignores international maritime law
Container traffic in the port of Hong Kong decreased by -6.5% in July
Hong Kong
A decline of -3.7% was recorded in the first seven months of 2025
Cargo traffic in Russian ports remained stable in July
St. Petersburg
In the first seven months of 2025, loads decreased by -4.6%
In July, the Port of Singapore set a new all-time record for monthly container traffic with 3.9 million TEUs.
Singapore
In terms of weight, containerized cargo decreased by -3.6%
Compensation to be paid by the Civitavecchia Port Authority in the Fincosit case has been set at €1.5 million.
Civitavecchia
Latrofa: The ruling allows the release of set-aside sums that have frozen the budget for years.
Germany's HHLA posts record quarterly revenue
Hamburg
In the second quarter, the group's port terminals handled 3.2 million containers (+7.9%)
In the first half of 2025, CK Hutchison's port terminals handled 44 million containers (+4.0%)
Hong Kong
In the quarter April-June the Wallenius Wilhelmsen fleet transported 14.8 million cubic meters of rolling stock (-0.5%)
Lysaker
Revenues down by -0.7%
In the second quarter, Montenegro's ports handled 670 thousand tons of goods (+0.6%)
Podgorica
Volumes with Italy amounted to 154 thousand tons (+53.1%)
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
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
With the arrival of the first container ship, the testing of operational procedures at the Rijeka Gateway begins.
The Hague
The first commercial ship is expected on September 12th
A proposal to bring the port of Taranto back onto global container routes? Start a discussion table.
Taranto
Meeting on the status of freight traffic
Port of Ancona: Tender for demolition of fire-damaged Tubimar warehouses
Ancona
The expected duration of the works is four and a half months
Merger of the German MACS and Hugo Stinnes, both active in the MPP vessel segment
Hamburg/Rostock
Stinnes headquarters in Rostock to close by December 31
In the second quarter, freight traffic in Albanian ports grew by +2.9%
Tirana
There were 331 thousand passengers (+13.6%)
A.SPE.DO, operationalizing the Smart Terminal to increase the competitiveness of the port of La Spezia.
La Spezia
ING loans to Premuda for over 100 million dollars
Milan
Funds for the management buyout and the purchase of two product tankers
Sallaum Lines has taken delivery of the first of six Ocean-class dual-fuel PCTCs
Rotterdam
The ship was completed four months ahead of schedule
First meeting of the new Management Committee of the Western Ligurian Sea Port Authority
Genoa
Several measures approved, including those for CULMV and CULP staff
Euroports to operate a new liquid bulk terminal in the French port of Port-La Nouvelle
Beveren-Kruibeke-Zwijndrecht
It is expected to become operational in 2026
In the second quarter, freight traffic in the port of Ravenna increased by +2.6%
Ravenna
Growth of 0.6% was recorded in June. An increase of 4.8% is expected in July.
OsserMare presents five reports on the marine economy
Rome
They focus on a specific sector supply chain or aspect of it
Port of Naples: Road haulage operations resume
Naples
Resolution meeting between institutions, operators and trade associations
ICTSI again reports record quarterly financial and operating results
Manila
Global Ship Lease Reports Record Quarterly Revenue
Athens
In the April-June period, net profit was 95.4 million dollars (+8.4%)
Vard receives new order from North Star for two hybrid SOVs
Trieste
Contract worth between 100 and 200 million euros
The Panama Shipping Registry will no longer accept the registration of oil tankers and bulk carriers over 15 years old.
Panama
Measure to counter the use of the shadow fleet
Danaos Corporation reports record quarterly revenue
Athens
The April-June period closed with a net profit of 130.9 million (-7.3%)
New customs fast corridor between the port of La Spezia and Interporto Padova
Padua
It adds to the other three already active on the same route
ICTSI to operate Indonesia's Batu Ampar Container Terminal
Manila
It is located on Batam Island
Pino Musolino has been appointed CEO of the Alilauro shipping company.
Naples
He replaces the resigning Eliseo Cuccaro
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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