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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:40 GMT+1
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BRIEFS
August 1, 2002
Shipping Timesweb site
Shipping News
  • S'pore fully complies with STCW 95 deadline today
    AN early start ensured Singapore met today's international deadline for compliance with heightened seafarer training standards, but vessels which do not will be detained here, according to the Maritime and Port Authority of Singapore .
  • Keppel Smit Towage wins Shell contract
Air and Land Transport
  • Sydney Airport sale a 'public policy disaster'
    THE privatisation of Sydney Airport is turning into a public policy disaster run by a 'monopolistic price gouger', the part owner of domestic airline Virgin Blue said yesterday.
  • JetBlue asks Airbus to build bigger A320 jet
  • Delta Air, United extend interline e-ticketing
  • Fiji's Air Pacific workers ordered back to work
  • Dragonair airliner returns to HK safely
  • Log Book
Features
  • Owners must take due care in hiring crew
    WHILE shipowners are fully aware that they are required by law to employ suitably qualified, competent and experienced seafarers to man their ships, most however delegate the recruitment of their crew to their manning agents without sufficient supervision.

Shipping Timesweb site
Shipping News
  • S'pore fully complies with STCW 95 deadline today
    AN early start ensured Singapore met today's international deadline for compliance with heightened seafarer training standards, but vessels which do not will be detained here, according to the Maritime and Port Authority of Singapore .
  • Keppel Smit Towage wins Shell contract
Air and Land Transport
  • Sydney Airport sale a 'public policy disaster'
    THE privatisation of Sydney Airport is turning into a public policy disaster run by a 'monopolistic price gouger', the part owner of domestic airline Virgin Blue said yesterday.
  • JetBlue asks Airbus to build bigger A320 jet
  • Delta Air, United extend interline e-ticketing
  • Fiji's Air Pacific workers ordered back to work
  • Dragonair airliner returns to HK safely
  • Log Book
Features
  • Owners must take due care in hiring crew
    WHILE shipowners are fully aware that they are required by law to employ suitably qualified, competent and experienced seafarers to man their ships, most however delegate the recruitment of their crew to their manning agents without sufficient supervision.

Shipping Timesweb site
Shipping News
  • S'pore fully complies with STCW 95 deadline today
    AN early start ensured Singapore met today's international deadline for compliance with heightened seafarer training standards, but vessels which do not will be detained here, according to the Maritime and Port Authority of Singapore .
  • Keppel Smit Towage wins Shell contract
Air and Land Transport
  • Sydney Airport sale a 'public policy disaster'
    THE privatisation of Sydney Airport is turning into a public policy disaster run by a 'monopolistic price gouger', the part owner of domestic airline Virgin Blue said yesterday.
  • JetBlue asks Airbus to build bigger A320 jet
  • Delta Air, United extend interline e-ticketing
  • Fiji's Air Pacific workers ordered back to work
  • Dragonair airliner returns to HK safely
  • Log Book
Features
  • Owners must take due care in hiring crew
    WHILE shipowners are fully aware that they are required by law to employ suitably qualified, competent and experienced seafarers to man their ships, most however delegate the recruitment of their crew to their manning agents without sufficient supervision.

Sched Netweb site
  • FEFC carriers implement peak season surcharge
  • China displaces Japan as No. 1 in Vancouver box volume
  • FS Mackenzie names new head for Europe operations
  • Sea Trade gets licence, Sealink on trial run
  • Grupo posts net Q2 loss, but Manzanillo's volume rises
  • OTAL appoints Isamar as new Spain agent
  • China Eastern, JAL ink code-sharing deal
  • Air France prepares for privatisation, reassures union
  • UPS Q2 profit slides, revenue rises, Asia trade soars

Cargowebweb site
JULY 31, 2002
  • Lufthansa: 25 per cent higher profit 2002
    Lufthansa's shares rose 6 per cent to 12.66 euro after the company raised its operating profit outlook for 2002 from 400 till 500 million euro.
  • Atlas Air posts narrower loss
    Atlas Air second-quarter net loss narrowed from a year earlier, and the air-cargo carrier said it was optimistic about revenue prospects heading into the peak flying season.
  • RBG fraud shows need for paperless trading
    Four executives at New Jersey-based metal companies Allied Deals Inc., Hampton Lane Inc. and SAI Commodity Inc, conducted the fraud through London based RBG Resources, now under Serious Fraud Office investigation.
  • Operating profit Deutsche Post down 6 per cent
    In the first half of 2002, profit from operating activities (Ebita) of Deutsche Post fell by approximately six per cent year-on-year to 1.3 billion euro. Deutsche Post World Net will file a complaint with the European Court of Justice.
  • Singapore port recovering
    PSA and Jurong Port operations showed good results for the six months to June 2002. The two ports handled 8.26 million Teu, up 9.7 per cent on the period to June 2001, but 4.4 per cent shy of 2000.

Exim Indiaweb site
  • India buys 40,000 t. crude palm oil
  • Cup that cheers lifts Darjeeling traders' spirits high
  • Flower exports likely to register 25 pc growth on Aussie demand
  • Dumping duty on acrylic yarn from Nepal
  • CSL may diversify into oil hunt sector too
  • Govt may ease curbs on importing rubber only through Vizag, Kolkata Ports
  • Cabinet clears new railway zones
  • CWC's Vizag container freight station begins reefer cargo services
  • Rudy sees exports registering 18 pc growth in 2002-03
  • Working groups recommend tariff reduction on textile imports
  • Five textile clusters to come up in TN
  • Sunflower may yield rubber!
  • IIJS 2002 will boost export figures-GJEPC chief
  • Indo-Afghan Business Forum to be formed in September
  • 40 FDI proposals worth Rs 76 cr. cleared
  • Task force seeks apex chambers' views on textile sector
  • Coir Board set to introduce cheaper packaging material
  • Coal royalty increased

The Bunker Bulletinweb site
JULY 31, 2002
  • Little demand for Montreal, Halifax better
  • Some see tight avails on US East Coast, firmer trend in prices
  • Russia challenges OPEC's market share in the US and Asia
  • DOE figures give bulls more inspiration
  • Daily Bunker market report from Praxis Energy Agents
  • African market report from GAC
  • Little price movement in African bunker markets
  • Tallinn prices rise in line with market gains
  • War premium returns to crude, APIs provide some inspiration
  • IFO380 avails remain tight in Hong Kong
  • Rotterdam opens firm on crude gains
  • Small changes means Saudi posted prices look competitive

International Transport Journalweb site
JULY 31, 2002
  • Port and City of Charleston agree on boundary line to share former navy base
  • CP Ships exercises option to purchase four ice-strengthened ships
  • ICECORP acquires THL International Forwarding of Vancouver
  • Dragonair records solid numbers in June 2002
  • Salerno's throughput grows
  • Lufthansa orders ten A330-300s from Airbus

Marine Logweb site
JULY 31, 2002
  • NCL to pay $1.5 million in pollution case
    Norwegian Cruise Line has reached an agreement with the U.S. Attorney's Office for the Southern District of Florida and the U.S. Department to pay a fine of $1 million, be placed on probation, and maintain a comprehensive environmental compliance plan.
  • GD to operate sub base dry dock
    Electric Boat has been awarded a U.S. Navy contract worth up to $61.1 million to maintain and operate the Shippingport drydock at the Naval Submarine Base New London.
  • $171 million award for LPD 21 advance procurement
    Northrop Grumman is being awarded a $171,050,850 modification to previously awarded letter contract for long-lead time materials for the LPD 21
  • CP Ships buys four
    CP Ships Limited has exercised options to purchase for approximately $180 million four ice- strengthened containerships

World Wide Shipperweb site
JULY 31, 2002
  • Crowley adding RESPONSE to Puget Sound tug lineup
  • CP Ships will purchase four chartered container ships
  • Mitsui car carrier delivers classis Citroens to auto rally
  • Port of Seattle nets federal go-ahead for Sea-Tac Airport noise program
  • NYK moving to in-house agency for western Canada container operations

Lloyd's Listweb site
  • Foschi saves Genoa football club
    "HALLELUJAH!" reads the front page of the Secolo XIX, Genoa's most influential newspaper. Genoa football club has been saved at the eleventh hour, writes Justin Stares.
  • Europe and Japan clash with Bush on terror law
    Japan, the European Commission and other maritime allies have detailed to Washington their concerns about maritime security legislation before US lawmakers.
  • Brussels to lobby US on CSI
    Brussels is taking its fears about Washington's bilateral stance on maritime container security straight to the heart of influential US policy-makers, writes Roger Hailey.
  • Møller in talks on Shanghai berths
    AP Møller's container terminal division is well advanced in talks to take over four new berths in the rapidly expanding port of Shanghai.
  • Hanjin president bows out
    HANJIN Shipping president and chief executive Kim Chan-gil has resigned for medical reasons, writes Matthew Flynn in Hong Kong.
  • Lloyd's List Focus- Maritime security under the spotlight
    LLOYD'S List has made the whole maritime security issue one of its highest priorities, and you will find below a number of the articles that tackle this crucial issue.

Fairplayweb site
JULY 31, 2002
  • Liners support US security scheme
  • Senate vote will end trade debate
  • Maersk renews talks with GPPL
  • Chinese ready to fight on THC
  • Chinese steel shows its metal
  • Baffled Torm bids to try again
  • Magdalena to over-winter in ice
  • SA casualty pollution fears subside
  • Food aid arrives in Durban
  • China restricts logistics ventures
  • P&O snubs Carnival invitation
  • Zim officers call strike over sale
  • India Steam changes course
  • Spanish cat cut short
  • German yards get subsidy go-ahead
  • Bidders sought for Geraldton scheme
  • Hanjin boss resigns
  • Greek terrorists targeted shipping
  • Korea unveils port expansion plans
  • Fincantieri fails to attract trainees
  • Acciona wins Trasmediterranea prize

The Journal of Commerceweb site
JULY 31, 2002
  • UPS: Volume up from intra-Asia hub
    United Parcel Service said that volume has risen 20 percent from countries directly linked to its new intra-Asia hub in the Philippines.
  • Deutsche Post cuts 2002 estimate
    The German mail and logistics giant said lower volumes and softer rates led it to revise 2002 revenue downward by nearly $1 billion.
  • New China NVO proposal
    Two trade groups have proposed that the U.S. and China consider reciprocal licensing requirements for non-vessel-operating common carriers.
  • Britain to re-start U.S. open-skies talks?
  • UPS, Chicago locals in agreement
  • Hanjin chief resigns
  • CP Ships buys four box ships
  • Malaysia port readies box berth
  • Kuehne & Nagel pre-tax income falls
  • Dragonair cargo jumps in June
  • Menzies plans Sydney facility
  • NSCSA net slides

Antwerpse Lloyd n.v.web site
  • CSCL va adapter son service Europe-Far East à l’échelle de huit PC de 5.450 TEU
    Au début de l’année, l’armement China Shipping Container Line (CSCL) annonçait son intention de mettre son loop européen à l’échelle de PC de 5.450 TEU. Le processus d’adaptation devait se faire en deux phases. La première consistait à remplacer des unités de 2.500 à 2.700 TEU par des unités de 4.000/4.500 TEU. La seconde impliquait un remplacement par des unités plus grandes. L’armement a cependant décidé de précipiter les choses et d’aller d’emblée vers la génération supérieure de PC.
  • Deutsche Post annonce un programme de redressement en cinq points
    Klaus Zumwinkel, le CEO de Deutsche Post World Net (DP), a annoncé un plan de redressement en cinq points, destiné à restaurer la confiance de la bourse. L’opérateur postal allemand a en effet annoncé que le bénéfice net pour le premier semestre s’est effondré à 155 mio. d’EUR (contre plus de 1 mia. d’EUR il y a un an), essentiellement du au provisionnement de 850 mio. d’EUR pour faire face à l’obligation, imposée par la Commission européenne, de rembourser 850 mio. d’aides d’Etat illicites. Le chiffre d’affaires, quant à lui, a augmenté de 15% à 19,4 mia. d’EUR, en grande partie grâce à l’intégration des chiffres de DHL dans ceux de DP, depuis que ce dernier détient 76% des parts du transporteur express.
  • Norbert Dentressangle a vu son CA progresser de 8,3% au premier semestre 2002
    Le groupe français de transport routier et de logistique Norbert Dentressangle a annoncé que son chiffre d’affaires consolidé pour le premier semestre de 2002 s’est établi à 521 mio. d’EUR, en progression de 8,3 % par rapport au CA de 482 mio. d’EUR au 1er semestre 2001. Cette hausse s’est principalement manifestée dans la logistique, le chiffre d’affaires de la branche “transport” n’évoluant guère par rapport à il y a un an.

TradeWindsweb site
JULY 31, 2002
  • Royal Caribbean hits back at Carnival
    Cruiseship owner defends itself against claims from rival that it is trying to torpedo tie-up with P&O Princess.
  • Aboitiz family linked to WG&A buyout
    Philippine family reportedly poised to make an offer to fellow shareholders of ferry owner.
  • BP Shipping bunks up with Imarex
    Oil major backs freight futures trading through Oslo-based exchange.
  • Hanjin Shipping CEO in surprise exit
    Boss of the world's fourth largest container line has quit with immediate effect.
  • Trico sinks into the red
    Offshore vessel operator hit by weaker rates and vessel utilization.
  • Lithuanian Shipping boosted by weaker dollar
    State-owned cargoship operator posts big pre-tax profit in first half.
  • Korean shipbuilding orders fall
    A 15% contraction on year-end newbuilding order tonnage totals predicted for yards.
  • SembCorp's Jurong wins FPSO deal
    Singapore marine group sees first half profit rise as new work rolls in.
  • Revenues up by a third at Taiwan Navigation
    Bulker and tanker owner on target to surpass forecast of 20% rise in 2002.
  • Co-op Venture clean-up to end this week
    Fuel oil spill from wrecked Tschudi & Eitzen bulker off Japan limited to 175 tonnes.
  • P&O Princess stays loyal to Royal suitor
    Cruise firm sticks to deal with Royal Caribbean, despite Carnival's attack on US rival.
  • Pan Ocean prepared for sale
    Potential bidders named as 64% stake in Korean owner comes up for grabs.
  • Essar profit plummets
    Indian owner hit by slack conditions in tanker and bulker markets.
  • Oldendorff bulker set to stay put
    Magdalena Oldendorff to stay in Antarctica for the winter as escape effort fails.
  • CP Ships to buy SLCS boxships
    Canadian owner exercises option to buy St Lawrence Co-ordinated Service container vessels.
  • Doric Chariot refloating effort fails
    Insufficient high tide leaves ship still stranded as salvage crews race to the scene.
  • DSME looks to boost investor interest
    Korean shipbuilder is to brief investors next month in a bid to boost its shareholder base.
  • Marketing shake-up at Celebrity
    Ares Michaelides makes way at US-Greek cruise line for ex-banking marketing guru.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
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 of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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