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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:41 GMT+1
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BRIEFS
December 6, 2002
Shipping Timesweb site
Shipping News
  • Ships collide in S'pore waters; oil spill contained
    A potentially disastrous crude oil spill in Singapore waters yesterday was contained to just 350 tonnes when a small general cargo vessel collided with a heavily-laden single-hulled tanker in the middle of the Singapore Straits.
  • Yemen losing US$20m a month after tanker blast
  • Spill spreads beyond Spain towards France
  • N Korean ship aground off Japan, spilling oil
  • Sydney ports handle more containers
Air and Land Transport
  • US rejects United Airlines bid for loan guarantee
    UNITED Airlines failed on Wednesday to secure a US$1.8 billion government loan guarantee, pushing the world's No 2 airline to the brink of filing for bankruptcy.
  • Rivals look to gain from United's troubles
  • Qantas flight attendants seek wage increase
  • Cathay's chief expects 'reasonable' 2002 profit
  • LOG Book

Shipping Timesweb site
Shipping News
  • Ships collide in S'pore waters; oil spill contained
    A potentially disastrous crude oil spill in Singapore waters yesterday was contained to just 350 tonnes when a small general cargo vessel collided with a heavily-laden single-hulled tanker in the middle of the Singapore Straits.
  • Yemen losing US$20m a month after tanker blast
  • Spill spreads beyond Spain towards France
  • N Korean ship aground off Japan, spilling oil
  • Sydney ports handle more containers
Air and Land Transport
  • US rejects United Airlines bid for loan guarantee
    UNITED Airlines failed on Wednesday to secure a US$1.8 billion government loan guarantee, pushing the world's No 2 airline to the brink of filing for bankruptcy.
  • Rivals look to gain from United's troubles
  • Qantas flight attendants seek wage increase
  • Cathay's chief expects 'reasonable' 2002 profit
  • LOG Book

Sched Netweb site
  • Haba-Sped HK/Scandinavia service growing, says operations manager
  • Maersk Logistics reaps Asian awards in HK ceremony
  • Jilong Logistics receives NVOCC licence
  • Ecu-Line picks BF Freight as Northern Ireland agents
  • Port of Felixstowe digs deep for extra container berths
  • Port of Hamburg predicts record 2002 volumes
  • AP Moller's Jorn Nielsen becomes executive VP
  • Macau Airport airfreight traffic rises 58pc in November
  • FAA proposes US$800K fine for United Airlines
  • David Abney to lead UPS International starting next year

Cargowebweb site
DECEMBER 5, 2002
  • United faces Chapter 11
    United Airlines appears headed for the largest bankruptcy filing in airline industry history, after a government board rejected its bid for $1.8 billion in federal loan guarantees.
  • Taiwan pushing for chartered flights from China
    'In what may be the first step for direct air links between Taiwan and China, the government in Taipeh said it is working to make possible chartered flights between Taipei and Shanghai over the 2003 Chinese New Year period.
  • Growth plans for Felixstowe port
    Expansion plans which could create around 400 new jobs were unveiled yesterday by the Port of Felixstowe.
  • Lawsuit over river toll increase
    Four US trucking groups filed a federal lawsuit challenging hefty toll increases on seven bridges crossing the Delaware River between New Jersey and Pennsylvania.
  • EU puts 66 ships on blacklist
    The European Commission has put 66 high-risk ships on a blacklist to try to avoid a repeat of last month's oil spill in Spain's richest fishing grounds.
  • Ahold Polska agreement with ProLogis
    ProLogis, a global provider of distribution facilities and services, signed two build-to-suit agreements with Ahold Polska for a total of 614,618 square feet (57,100 m2) of distribution space in Piotrkow and Bedzin, two key Polish distribution markets.
  • Huge fine KLM in Alitalia dispute
    Dutch national airline KLM was ordered to pay its Italian counterpart Alitalia 250 million euros as a penalty for walking away from an alliance between the two carriers.

Exim Indiaweb site
  • Major 3-day int'l maritime event begins on Sunday - Indian Ports & Shipping 2002: The Future is Now
  • EISA informs Commerce Ministry of impracticability in compliance - US Customs 24-hr Advance Manifest Filing Rule
  • 5-day Tooltech fair begins
  • EC wins bedlinen case against India
  • Putin proposes investing part of Indian debt in joint ventures to correct trade deficit
  • Meat exports may log 20 pc growth
  • MSCB, sugar growers' body set up export cell
  • HC: Garlic import licences should be non-transferable
  • Tea trade urges RBI to link credit rates with falling interest level
  • Diamonds sparkle on export front
  • Fieo chief: Mid-year economic review will ensure transparency & accountability
  • Govt may make recovery of dues from steel export proceeds mandatory
  • Foreign Trade Analysis: Current Policy & Procedures
  • Vajpayee to open global meet on investment
  • Wisner cautions against scrapping EOUs' sops
  • Essar Steel holds seminar for shipbroking community - Talks bring out several areas needing more joint attention
  • Premji given 'Outstanding businessman of the year 2001' award

The Bunker Bulletinweb site
DECEMBER 5, 2002
  • US West Coast: Massive price tumble
  • Vancouver prices move closer to Portland's
  • Daily bunker market report from Praxis Energy Agents
  • Bidding process being prepared for Maltese supplier
  • ARA region: Demand weak, markets soft
  • More French inspections of older tankers
  • Israel bans old tankers
  • Bearish deals and crude fail to move Singapore levels
  • New Venice oil terminal
  • DoE and API agree on US stocks
  • Rotterdam barge market opens soft and slow
  • Italy's numbers reflect a softer attitude
  • The reverse Erika effect
  • Piraeus IFOs steady while MGO moves
  • Huge Caspian oil find
  • Angola ups crudeflows
  • Japan book Russian crude
  • Venezuelan strike begins to bite

International Transport Journalweb site
DECEMBER 5, 2002
  • EIB to fund upgrading of Turkish road network
  • SriLankan to resume its flights to Frankfurt
  • APL offers new feeder service
  • Felixstowe to increase capacity
  • KLM to fly to Casablanca from summer 2003

Marine Logweb site
DECEMBER 5, 2002
  • BMI gets cablelayer job
    Regular overhaul and drydocking of USNS Zeus
  • OECD tries again on shipbuilding
    Once again, shipbuilding subsidies are under discussion in Paris
  • Austal wins order for 66 m cat
    Vehicle/passenger ferry for new, undisclosed, customer.

World Wide Shipperweb site
DECEMBER 5, 2002
  • Port of Kalama awards contract for new building in industrial park
  • Corps of Engineers to repair 100-foot breach in Coos Bay jetty
  • Portland clubs add silent auction to Valentine's Dinner Dance event
  • FAA looks at fining United for shoddy aircraft maintenance
  • Port of Le Havre joins Customs' CSI program

Il Sole 24 Ore On Lineweb site
  • Italia prima contro le maree nere
  • L'Antitrust frena Camed (cantieristica)

Lloyd's Listweb site
  • Troops threat to end Venezuela tanker strike
    Tanker masters on vessels owned by state oil firm Petroleos de Venezuela have joined the four-day strike in the Opec member state, forcing severe disruption of oil loading operations.
  • Alafouzos leads owner fightback on hull ban
    A GREEK tanker operator yesterday picked up the gauntlet thrown down by Spain, France and Portugal on single hull tankers, calling on the international community to support the unhindered transit of the Enalios Titanthrough the Strait of Gibraltar.
  • Asian exporters face box freight rate surge
    ASIAN exporters will be paying up to 40% more to ship goods to Europe next year, if container lines have judged market prospects correctly.

Fairplayweb site
DECEMBER 5, 2002
  • PDV Marina vessel in rebellion
  • Military takes over Venezuela oil
  • No knee-jerk reaction from the UK
  • P&O's Oceana in virus scare
  • Colombian oil exports threatened
  • Fjord Line closes in on Spirit
  • Gib passes controversial tanker
  • Customs initiative delays boxes
  • NZ software system logs on
  • Japan survey shows fall in standard
  • Code green for security companies
  • Jordan acts ahead of Iraq attack
  • Greenpeace blocks Byzantio sailing
  • Prestige 'is leaking fuel oil'
  • South Africa faces grain crisis
  • Actinor MD Eidesvik steps down
  • IMO calls for casualty co-operation
  • Flag guidelines slammed at IMO
  • Chittagong rule should be scrapped
  • Panama tightens crew requirement
  • Korea targets single-hull tankers
  • CSX World Terminals in Korea
  • Spill clean-up on near Singapore
  • PSA credit rating outlook falls

The Journal of Commerceweb site
DECEMBER 5, 2002
  • Cathay-DHL venture eyes Asia routes
    Hong Kong's s only all-cargo air carrier has applied for the rights to operate 15 routes as the basis of a joint overnight express service between parent Cathay Pacific Airways Ltd. and DHL Worldwide.
  • United won't get loan guarantee
    United Airlines application for a federal loan guarantee of $1.8 billion has been turned down by the government, pushing America's second largest airline to the brink of a bankruptcy protection filing.
  • Talks open to cut vessel overcapacity
    The world's shipbuilding nations launched negotiations Thursday in Paris aimed at cutting chronic overcapacity and halting plunging prices.
  • Decline in chip orders could hurt air cargo
  • Oil spill off Singapore after collision
  • France expels second Malta-flagged tanker
  • Chavez orders military to retake Venezuela tankers
  • Navistar loss $460M in 4Q

Antwerpse Lloyd n.v.web site
  • Deuxième paquet ferroviaire: les Etats membres opposés à la libéralisation freinent des quatre fers
    Le conseil des ministres européens des Transports discute aujourd’hui des nouvelles propositions de la Commission européenne sur l’adaptation et le renforcement sur certains points du “Premier paquet ferroviaire”, entré en vigueur en mars de l’an dernier. Il s’agit de quatre propositions débouchant du programme d’action dévoilé dans le Livre blanc de la Commission sur l’avenir du transport européen à l’horizon 2010. Les propositions de la Commission, devant aboutir au “Deuxième paquet ferroviaire”, concernent l’ouverture anticipée du marché du transport international de marchandises par rail et l’élargissement des droits d’accès au transport intérieur de marchandises (cabotage), l’harmonisation des règles de sécurité dans le transport ferroviaire, l’interopérabilité pour l’ensemble du réseau ferroviaire et l’adaptation aux lignes à grande vitesse. Enfin, on prévoit aussi la création d’une Agence ferroviaire européenne (ERA) pour l’harmonisation des règles de sécurité et l’opérabilité.
  • Les chargeurs européens plaident pour des camions plus longs
    L’European Shippers’ Council et la Confédération des Entreprises suédoises ont présenté un rapport devant le Parlement européen en début de semaine. Le rapport en question éclaire le rôle que peuvent jouer des poids lourds plus longs dans l’amélioration de l’efficacité de tous les modes de transport. Ils y voient un des moyens d’absorber la croissance des volumes de marchandises à l’avenir.
  • Les centres de distribution régionaux gagnent du terrain au détriment des EDC
    Il ressort d’une étude sectorielle sur la distribution physique, que la division management du transport de la Banque ING a commandée au centre de recherche et de formation pour le transport néerlandais NEA, que la diversité des activités effectuées par des entreprises de distribution physique a sensiblement augmenté ces dernières années. D’autres tendances portent sur la durabilité des partenariats entre chargeurs et transporteurs et la forte croissance du nombre de centres de distribution régionaux.
  • L’UE et la Chine signent un traité maritime
    L’Union européenne et la République populaire de Chine ont signé un traité maritime au cours du conseil des ministres européens des Transports à Bruxelles. Par ce traité, les deux parties entendent améliorer les conditions du transport maritime entre l’UE et la Chine. Il s’agit notamment d’améliorer le transport intermodal, basé sur les principes de libre prestation de services maritimes, libre accès à la cargaison et accès illimité à l’utilisation de services d’assistance, ainsi que le traitement non discriminatoire au profit d’entreprises nationales.

TradeWindsweb site
DECEMBER 5, 2002
  • Resignation rocks Stelmar
    Audit committee chairman Karl Meyer's quiet departure from the company board sends mystery into motion.
  • Prestige wreck dribbles fuel oil
    Film footage from submarine shows sunken tanker still leaking.
  • Cubans have PDVSA seeing red
    Venezuelan sources allege Chavez regime called in favour from pal Fidel Castro to keep oil flowing out.
  • Kogas to buy LNG cargoes from Algeria
    Gaz de France will ship Sonatrach product as Korea struggles to find product.
  • OECD to thrash out yard subsidy deal
    Major meeting of minds begins in Paris to create level playing field for "ailing" industry.
  • Greek shipowners speak out on Prestige
    Owners' union calls Spain's treatment of sunken tanker's master "unacceptable."
  • IHC Caland adds EUR 250m to order backlog
    Dutch shipbuilder and FPSO owner wins contracts for more storage vessels and dredgers.
  • Novoship diverts tankers outside EEZs
    Oil major charterer BP estimates chosen route added half a day to vessel's voyage.
  • Tanker spills oil off Singapore
    Clean-up begins after World Tankers Management aframax and freighter clash.
  • Russia urges Canada to release Virgo crew
    "No evidence" against three men held over alleged tanker clash with fishing vessel in 2001.
  • North Korean cargoship grounds
    Clean-up operation in progress after vessel spills oil near port of Hitachi north of Tokyo, Japan.
  • Lithuania imposes offer condition on sell-offs
    Winning bidders for Lithuanian Shipping and KTF will have to buy out smaller shareholders.
  • Unicorn poised to confirm Shina option
    South African owner to exercise option for tanker at Korean yard this month.
  • Hong Kong holds nine
    Five containerships among detainees as authorities clamp down on safety related deficiencies.

›››File
FROM THE HOME PAGE
At the end of the year Fret SCNF will cease to exist and the activity will be detected by the new companies Hexafret and Technis
St. -Ouen
The deal is aimed at averting the payment of 5.3 billion euros.
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Brussels
"The competitiveness of the transport sector must be based on sustainability," the European Commission said.
Norwegian Cruise Line Holdings records record quarterly revenue
Miami
In the July-September period of this year, the group's ships have embarked on 812mila passengers (+ 9.7%)
The intermodal hubs of Melzo and Milan Smistamento will be retaken in the ZLS of the port and retroport of Genoa
Milan
Deliberation approved by the regional junta of Lombardy
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
Brussels
The estimate in a new study of Transport & Environment
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
Cairo / Alexandria
Scali at the Egyptian port of El Dekheila of the services of Vuxx Shipping between China and Russia
In the third quarter, freight traffic in Chinese seaports grew by 1.7% percent
Beijing
The only volumes to and from abroad have increased by 5.0%
In the July-September quarter, naval traffic in the Bosphorus Strait grew by 6.4%
Ankara
In the first nine months of 2024, the increase was 7.1%
DFDS will not acquire the international transport network of Ekol Logistics
Copenhagen / Istanbul
Exchange of allegations : The Danish group claims that certain contract conditions have not been met ; the Turkish company replies that it has received a discount request in the last 24 hours
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
Luxembourg
The only traffic in containers (+ 5.2%) is growing. Still doubts about the figures attributed to Italy
ECSA and T&E are calling for the Clean Industrial Deal to support the energy transition of shipping
Brussels
Among the demands, make ecological naval fuels available in ports
In the July-September quarter, ONE revenue grew by 65.2% percent.
In the July-September quarter, ONE revenue grew by 65.2% percent.
Singapore
The volumes of containers carried by the fleet increased by 6.6%
In the third quarter, the financial and operational results of COSCO were substantially increased.
In the third quarter, the financial and operational results of COSCO were substantially increased.
Shanghai
The volumes of containers carried by the fleet increased by 8.6%
Maersk records glowing quarterly results
Maersk records glowing quarterly results
Copenhagen
A strong performance in the containerized shipping industry has been decided. Also growing terminal and logistics
Confitarma lists actions to increase the contribution of shipping to the Italian System
Naples
Le Aziende informanoSponsored Article
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
In the third quarter the traffic in goods in Turkish ports decreased by -1.8%
Ankara
Volumes to and from Italy have increased by 2.9%
The Court of Appeal in Reggio Calabria gives reason to the AdSP of Gioia Tauro in the litigation that juxtaposes it to the Corap
A litigant remains pending in front of the Court of Cassation
Maersk signs an agreement with Chinese LONGi to supply its own dual-fuel vessels of methanol
Copenhagen
The Danish group already has agreements in place to meet more than 50% percent of its demand for methanol planned for 2027
Royal Caribbean again records financial results and record quarterly operating
Royal Caribbean again records financial results and record quarterly operating
Miami
In the July-September period, revenues increased by 17.4%
The association of European ports is alarmed for the planned reform of EU funding to transport infrastructure
Brussels
Transport policy and transport funding must be based on a European approach.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
Balboa
-36.9% reduction in the volumes of goods transported through the Central American waterway
CMA CGM associates with Marsa Maroc for the management of a container terminal in the port of Nador
Marseille
Expected an investment of 280 million
Maersk confirms participation in service between Turkey and East Coast USA with scallops in Salerno, Livorno and Tanger Med
Copenhagen
Will be activated on 1st February 2025
Hapag-Lloyd will introduce shots at Italian ports in two services between the Mediterranean and East Coast USA
Hamburg / Haifa
Touches in Genoa, Livorno and Salerno in collaboration with ZIM
In the third quarter the terminals of COSCO Shipping Ports handled 29.1 million containers (+ 4.8%)
Hong Kong
Wan Hai Lines orders eight new container ships from 16,000 teu
Taipei
Committed to South Koreans HD Hyundai Samho and Samsung Heavy Industries
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
The joint venture Maestral will deal with the design, development and construction of underwater systems
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
Russia and India join forces in the Arctic, leaving China aside
(News.Az)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Fincantieri opens in San Francisco a center for the development of dual-use technologies applicable both in civilian and military sectors
Trieste / San Francisco
It is housed at the Mind the Bridge Innovation Center
Japan's MHI-MME initiates a license agreement with Chinese Jiangsu Masada
Nagasaki
The aim is the development of the production and sale in China of turbochargers for two-stroke marine engines
By November the ownership of the Victory Shipyard will go to CNV
Venice
Mantovan (Veneto Region) : A new trade union agreement will be built that will cover the 48 workers in organic
In the third quarter, the commercial activity and financial performance of Konecranes grew
Helsinki
The value of new orders for the supply of port means increased by 44.1%
In 2025, a 3.9% increase in cruising traffic in Adriatic ports is expected
Ravenna
Responses Tourism believes that the traffic of ferries, catamarans and aliscafi will record further slight growth
COSCO Shipping Ports acquires stakes in the two port terminals of Hutchison Ports in Laem Chabang
Hong Kong
Investment of 110 million
GNV has taken delivery of the new ferry GNV Polaris
Genoa
First of four new ro-pax units built in China, it will enter service by January
John Xylas will be the new president of Intercargo.
John Xylas will be the new president of Intercargo.
London
He will subordinate to Dimitrios Fafalios, who has been named honorary president
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