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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
October 6, 1999
Shipping Timesweb site
Shipping News
  • Malaysia may impose single freight rate for all ports
    Rate will be one acceptable to both shippers and lines: KL minister
  • Asian grain cargo rates higher due to tight capacity
Air and Land Transport
  • Star to hold online ticket auction in Singapore
    Auction is the first in the world to be carried out by a global alliance
  • Privatise Europe's air traffic control to cut delays, Iata urges
  • Alliances expected to demand lower aircraft prices
  • Manila to discuss air services with Seoul
Features
  • Founder hit cruise jackpot
    The late Ted Arison banked on the huge growth of mass-market cruise vacations affordable to everybody
Columns
  • No to eurocentric views on seafarers

Shipping Timesweb site
Shipping News
  • Malaysia may impose single freight rate for all ports
    Rate will be one acceptable to both shippers and lines: KL minister
  • Asian grain cargo rates higher due to tight capacity
Air and Land Transport
  • Star to hold online ticket auction in Singapore
    Auction is the first in the world to be carried out by a global alliance
  • Privatise Europe's air traffic control to cut delays, Iata urges
  • Alliances expected to demand lower aircraft prices
  • Manila to discuss air services with Seoul
Features
  • Founder hit cruise jackpot
    The late Ted Arison banked on the huge growth of mass-market cruise vacations affordable to everybody
Columns
  • No to eurocentric views on seafarers

Shipping Timesweb site
Shipping News
  • Malaysia may impose single freight rate for all ports
    Rate will be one acceptable to both shippers and lines: KL minister
  • Asian grain cargo rates higher due to tight capacity
Air and Land Transport
  • Star to hold online ticket auction in Singapore
    Auction is the first in the world to be carried out by a global alliance
  • Privatise Europe's air traffic control to cut delays, Iata urges
  • Alliances expected to demand lower aircraft prices
  • Manila to discuss air services with Seoul
Features
  • Founder hit cruise jackpot
    The late Ted Arison banked on the huge growth of mass-market cruise vacations affordable to everybody
Columns
  • No to eurocentric views on seafarers

Shipping Timesweb site
Shipping News
  • Malaysia may impose single freight rate for all ports
    Rate will be one acceptable to both shippers and lines: KL minister
  • Asian grain cargo rates higher due to tight capacity
Air and Land Transport
  • Star to hold online ticket auction in Singapore
    Auction is the first in the world to be carried out by a global alliance
  • Privatise Europe's air traffic control to cut delays, Iata urges
  • Alliances expected to demand lower aircraft prices
  • Manila to discuss air services with Seoul
Features
  • Founder hit cruise jackpot
    The late Ted Arison banked on the huge growth of mass-market cruise vacations affordable to everybody
Columns
  • No to eurocentric views on seafarers

Sched Netweb site
  • FMC fights foreign restrictions, assesses service contracts
  • Wallenius-Wilhelmsen launches new company
  • CMA-CGM forecasts healthy surge in profits, volumes
  • East Africa, Indian Ocean Islands bunker surcharge
  • K Line dissolves subsidiary
  • World ports `should aid deepening of Suez'
  • Taiwan and Philippines sever aviation ties
  • DHL unveils new image
  • Onex's Canadian merger bid takes new twist
  • YCS International opens Miami cargo facility

Cargowebweb site
OCTOBER 5, 1999
  • United and Lufthansa to bid for Air Canada
  • Iata campaign on European delays
  • Growth KLM 5 percent in September 1999
  • Investments in ships still tax-free
  • DHL to buy 44 Boeing 757s

Cyber Shipping Guide - Ocean Commerceweb site
  • CMA-CGM Mulling over Expansion in Europe, US Trades
  • CENSA Urges Canada to Retain Exemption Legislation
  • Port of L.A. Hits One-Month Record in August

World Wide Shipperweb site
OCTOBER 5, 1999
  • Coast Guard nabs record amount of cocaine during fiscal year 1999
  • SDR venture wins Navy dismantling
  • Port of Tacoma sees start of Blair Waterway dredge work
  • IMO head lists industry changes in World Maritime Day address
  • FRA report finds railroads are safer
  • ANZDL carries AmericaOne race yacht

urgente online pressweb site
OCTOBER 5, 1999
  • Guías de la Fundación Cetmo para implantar el ISO 9002
  • En el aire el último B-757 de Iberia
  • US Airways potencia su expansión en Europa
  • Las embarcaciones rápidas de Tirrenia parar'n el próximo 12 de octubre
  • La UE mantiene su firme propósito de luchar contra la contaminación acústica de los aviones
  • La Comisión estudia la posible fusión entre Volvo y Scania
  • Licitaciones comunitarias de terceros países

Exim Indiaweb site
OCTOBER 5, 1999
  • Exports post remarkable increase in August
  • 'K' Line may place order up to 8 post-Panamax vessels
  • Quality checks on tea exports initiated
  • Customs notice on EPCG licence validity challenged
  • Deadline for filing I-T returns extended
  • ASEAN, Australia, NZ to push for free trade
  • Boom times for software exporters
  • Malaysia plans container hub in Colachel
  • Passenger car sales leap forward in September
  • Auto-components industry's fruitful visit to US
  • Mundra Port ' Four berths totalling 900 metres ' fully operational
  • Norasia acquires first of five 1,427-TEU ships
  • Italy's Carrera group to build garment unit in Kerala
  • Coir pith exports soar by 337 per cent
  • Handicrafts exhibition on in Kochi
  • Plea for plantation crop status for cashew
  • Inflation stable
  • Reservation scheme reintroduced in Container Terminal Berth-I (N)

The Bunker Bulletinweb site
OCTOBER 5, 1999
  • Riyadh meeting not to discuss production levels
  • Bears of various origins drag down crude
  • Restrictions on Russian oil product exports may soon go
  • Shipping companies resort to emergency bunker surcharge
  • Venezuelan oil unions begins talks with PDVSA, strike threat over for now
  • Japanese crude processing capacity down since June

Lloyd's Listweb site
  • Numast Channel alarm
    BRITAIN'S Channel rescue capabilities were stretched to breaking point by the August collision between a cruiseship and container vessel, according to UK officers' union Numast.
  • Passengers killed as London trains crash
    TWO trains packed with commuters collided and burst into flames in central London yesterday, killing at least eight people and injuring 160.
  • Norway tax storm brewing
    NORWAY'S environmentally differentiated tonnage tax has the philosophical support of all parties - but also the makings of a full-blown controversy.
  • Gjensidige quits energy business
    NORWAY'S Gjensidige Marine & Energy Insurance is to cease writing energy insurance business.
  • Portland fights off Southampton to land Funchal cruise business
    The Dorset port of Portland, has pulled off yet another coup by attracting Arcadia Shipping's cruiseship Funchal into its new deepwater jetty and Britannia Cruise Terminal, formally opened on July 14 by the Duke of Edinburgh.
  • Dr Peters stake sold to Salamon
    GERMAN shipowner Heinrich Schoeller has sold its 50% stake in the shipping fund company Dr Peters in Dortmund to partner J'rgen Salamon, who now wholly owns the company. Financial details were not disclosed.
  • Hvide clawing its way back from the brink
    HVIDE Marine has disclosed plans for a huge debt-for-equity swap as a major step towards the US offshore group's rehabilitation after filing for Chapter 11 bankruptcy proceedings last month.
  • World Briefing
    Mubarak names Obeid as premier

Fairplayweb site
OCTOBER 5, 1999
  • Five killed in LPG explosion
  • Lightning strike will halt Brazil's ports
  • Hanjin faces record fines for tax evasion
  • Contship sells Gioia Tauro stake to M'rsk
  • Thames crash under investigation
  • Mols wields axe on jobs
  • Newbuilding ferry driven against cruise ship
  • Managements blamed for failed flotations
  • Cyprus shipping 'safe in EU'
  • NSA demands talks over tax changes
  • BCCD ships must be Indian-owned
  • $72M boost for Kingston
  • Transhipment will reduce says P&O Nedloyd
  • ITF nets two more Maltese flag vessels
  • Cenargo acquires Norse Irish Ferries

The Journal of Commerceweb site
Home
  • Shipping lines plan increase, surcharge
  • Virginia prepares for big ships, alliances
  • Airline mechanics choose between contract agreement and strike
  • ACS Logistics and Pacer expand joint distribution service
  • Celarix appoints chief financial officer
  • Dowling College to run executive MBA course with IBM
Transportation
  • Korean companies hit with heavy fines
  • Small US railroads expanding operations south of the border
  • Railroads lose bid to block Teamsters
  • ANA to join Star, reorganize
  • Sri Lanka prepares to expand airport capacity at Colombo
Maritime
  • Steel imports ease, but ports still busy
  • Slowdowns threatened Pacific terminal with 'wholesale gridlock,' executive says
  • Farrell Lines CEO, responsible for its turnaround, dies at 82
  • Suspension lifted, Bay Ship wins right to federal contracts
  • Polish yard eyeing Kvaerner facility
  • India eases ship purchase policies

The Journal of Commerceweb site
Home
  • Shipping lines plan increase, surcharge
  • Virginia prepares for big ships, alliances
  • Airline mechanics choose between contract agreement and strike
  • ACS Logistics and Pacer expand joint distribution service
  • Celarix appoints chief financial officer
  • Dowling College to run executive MBA course with IBM
Transportation
  • Korean companies hit with heavy fines
  • Small US railroads expanding operations south of the border
  • Railroads lose bid to block Teamsters
  • ANA to join Star, reorganize
  • Sri Lanka prepares to expand airport capacity at Colombo
Maritime
  • Steel imports ease, but ports still busy
  • Slowdowns threatened Pacific terminal with 'wholesale gridlock,' executive says
  • Farrell Lines CEO, responsible for its turnaround, dies at 82
  • Suspension lifted, Bay Ship wins right to federal contracts
  • Polish yard eyeing Kvaerner facility
  • India eases ship purchase policies

The Journal of Commerceweb site
Home
  • Shipping lines plan increase, surcharge
  • Virginia prepares for big ships, alliances
  • Airline mechanics choose between contract agreement and strike
  • ACS Logistics and Pacer expand joint distribution service
  • Celarix appoints chief financial officer
  • Dowling College to run executive MBA course with IBM
Transportation
  • Korean companies hit with heavy fines
  • Small US railroads expanding operations south of the border
  • Railroads lose bid to block Teamsters
  • ANA to join Star, reorganize
  • Sri Lanka prepares to expand airport capacity at Colombo
Maritime
  • Steel imports ease, but ports still busy
  • Slowdowns threatened Pacific terminal with 'wholesale gridlock,' executive says
  • Farrell Lines CEO, responsible for its turnaround, dies at 82
  • Suspension lifted, Bay Ship wins right to federal contracts
  • Polish yard eyeing Kvaerner facility
  • India eases ship purchase policies

Marine Linkweb site
OCTOBER 5, 1999
  • NOL Shares Soar On Management Change News
  • Ships Reported Sold
  • USCG Cocaine Seizures Top $3.9B
  • 12 Years After Ferry Disaster, Money Awarded
  • LPG Explosion Investigation Starts

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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