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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:38 GMT+1
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BRIEFS
July 14, 2003
Shipping Timesweb site
Shipping News
  • Tuticorin reviews expansion plan for PSA-Sical terminal
    STAGNATING container volumes at PSA Corporation's PSA-Sical Container Terminal in India have led the Tuticorin Port Trust to re-evaluate earlier expansion plans for the port.
  • Maersk Moeller still going strong at 90
    MAERSK Mc-Kinney Moeller, the head of a Danish shipping and oil empire with 60,000 employees, is a living legend who, despite turning 90 yesterday, still walks up the six flights of stairs to his office every day to attend to business.
  • Suez Canal chalks up record revenue of US$2.3b
    THE Suez Canal, one of Egypt's biggest sources of income, has pulled in record revenue of more than US$2.3 billion this year, the canal authority reported.
  • First US-flagged vessel in 40 years docks in Cuba
    AN American-flagged vessel has docked in the Havana harbour for the first time in nearly four decades, delivering a cargo of wood and paper to Cuba.
  • Panama signs pacts with 4 US ports
    PANAMA has signed four shipping information exchange agreements with several US port cities on the Atlantic Ocean.
  • Copenhagen Airports to build terminal for ships, trains
    COPENHAGEN Airports, the operator of the two airports serving Denmark's capital, said it hopes to build a container terminal serving ships, trucks and trains by 2008 to encourage freight-transfer traffic.
Air and Land Transport
  • Greece makes last call for cash-tight Olympic Airways
    GREECE is making a last-ditch effort to save its cash-strapped national flag carrier Olympic Airways from the gallows.
  • Lufthansa makes takeover offer for Swiss, says report
  • Air India to continue talks on Boeing, Airbus planes
  • Boeing plans US$100m joint venture in China
Dockyard
  • IMO committee ponders rules for liquid cargoes
    THIS is going to be a long hot week at the International Maritime Organization's London headquarters, and not just because the temperatures in the UK capital are forecast to be close to those in Singapore.

Shipping Timesweb site
Shipping News
  • Tuticorin reviews expansion plan for PSA-Sical terminal
    STAGNATING container volumes at PSA Corporation's PSA-Sical Container Terminal in India have led the Tuticorin Port Trust to re-evaluate earlier expansion plans for the port.
  • Maersk Moeller still going strong at 90
    MAERSK Mc-Kinney Moeller, the head of a Danish shipping and oil empire with 60,000 employees, is a living legend who, despite turning 90 yesterday, still walks up the six flights of stairs to his office every day to attend to business.
  • Suez Canal chalks up record revenue of US$2.3b
    THE Suez Canal, one of Egypt's biggest sources of income, has pulled in record revenue of more than US$2.3 billion this year, the canal authority reported.
  • First US-flagged vessel in 40 years docks in Cuba
    AN American-flagged vessel has docked in the Havana harbour for the first time in nearly four decades, delivering a cargo of wood and paper to Cuba.
  • Panama signs pacts with 4 US ports
    PANAMA has signed four shipping information exchange agreements with several US port cities on the Atlantic Ocean.
  • Copenhagen Airports to build terminal for ships, trains
    COPENHAGEN Airports, the operator of the two airports serving Denmark's capital, said it hopes to build a container terminal serving ships, trucks and trains by 2008 to encourage freight-transfer traffic.
Air and Land Transport
  • Greece makes last call for cash-tight Olympic Airways
    GREECE is making a last-ditch effort to save its cash-strapped national flag carrier Olympic Airways from the gallows.
  • Lufthansa makes takeover offer for Swiss, says report
  • Air India to continue talks on Boeing, Airbus planes
  • Boeing plans US$100m joint venture in China
Dockyard
  • IMO committee ponders rules for liquid cargoes
    THIS is going to be a long hot week at the International Maritime Organization's London headquarters, and not just because the temperatures in the UK capital are forecast to be close to those in Singapore.

Shipping Timesweb site
Shipping News
  • Tuticorin reviews expansion plan for PSA-Sical terminal
    STAGNATING container volumes at PSA Corporation's PSA-Sical Container Terminal in India have led the Tuticorin Port Trust to re-evaluate earlier expansion plans for the port.
  • Maersk Moeller still going strong at 90
    MAERSK Mc-Kinney Moeller, the head of a Danish shipping and oil empire with 60,000 employees, is a living legend who, despite turning 90 yesterday, still walks up the six flights of stairs to his office every day to attend to business.
  • Suez Canal chalks up record revenue of US$2.3b
    THE Suez Canal, one of Egypt's biggest sources of income, has pulled in record revenue of more than US$2.3 billion this year, the canal authority reported.
  • First US-flagged vessel in 40 years docks in Cuba
    AN American-flagged vessel has docked in the Havana harbour for the first time in nearly four decades, delivering a cargo of wood and paper to Cuba.
  • Panama signs pacts with 4 US ports
    PANAMA has signed four shipping information exchange agreements with several US port cities on the Atlantic Ocean.
  • Copenhagen Airports to build terminal for ships, trains
    COPENHAGEN Airports, the operator of the two airports serving Denmark's capital, said it hopes to build a container terminal serving ships, trucks and trains by 2008 to encourage freight-transfer traffic.
Air and Land Transport
  • Greece makes last call for cash-tight Olympic Airways
    GREECE is making a last-ditch effort to save its cash-strapped national flag carrier Olympic Airways from the gallows.
  • Lufthansa makes takeover offer for Swiss, says report
  • Air India to continue talks on Boeing, Airbus planes
  • Boeing plans US$100m joint venture in China
Dockyard
  • IMO committee ponders rules for liquid cargoes
    THIS is going to be a long hot week at the International Maritime Organization's London headquarters, and not just because the temperatures in the UK capital are forecast to be close to those in Singapore.

Sched Netweb site
  • HK Maritime Industry Council to launch task forces
  • Single-hull tanker phase-out proposals on IMO agenda
  • USCO gets Minerva business
  • Singapore's GDP contracts in Q2 according to estimates
  • Bond rating upgraded at Port of Tacoma
  • TNT becomes first to partner Iraq courier company
  • SAS Cargo wins Volvo deal
  • United signs up for Menzies new cleaning service in Brazil
  • Airline auditors heading for Dubai
  • Timely event as Lufthansa lifts Chronos Award

Exim Indiaweb site
  • MOL offers direct Korea-Indonesia service from July 25
  • Zim ups operations in Pearl River Delta
  • Evergreen boosts PTP volumes
  • Penang Port handles 8.7 pc more cargo
  • MISC's purchase of American Eagle gets go-ahead
  • Dubai to build artificial island for shipping
  • CY Shipping increases LCL services to Shanghai
  • CP Ships to announce Q2 results on July 31
  • TSA award to Maersk Logistics
  • PSA Group increasing box cargo turnover
  • WTSA launches website to aid shippers
  • Hamburg Sud launches Columbus Line & Alianca services to S. American E. Coast
  • WISA seeks MoS' intervention
  • GE Shipping posts highest-ever profit in 2002-03
  • TAMP clears VPT concessions for box vessels
  • Major Ports achieve 5.61 pc growth in Q1
  • NSICT restricts gate cut-off to 36 hours for export boxes - 15-days notice for clearance of ICD containers
  • Container traffic up by 9.5 pc in Q1
  • First stuffed container for export arrives at Mundra box terminal
  • Haldia dock gets ISO 9001:2000 certification
  • TCI rides into power generation field!
  • Farm sector to raise GDP growth: CMIE
  • Electricity Act is a charter for growth, competitiveness, says Power Minister
  • Gail survey for Dahej-Uran gas pipeline begins
  • Export promotion body gets authorised agency status
  • ICMF wants govt to set up Rs 5,000-cr. textile reconstruction fund to bail out mills
  • Tyre makers hail removal of curbs on import of natural rubber
  • Foreign Trade Analysis: Current Policy & Procedures
  • IMC meet with S. African bank mission today

The Bunker Bulletinweb site
JULY 11, 2003
  • Q&A with MPA: Onus on suppliers under new Singapore regulations
    The Maritime and Port Authority of Singapore is in the process of implementing more stringent regulations of the Singapore bunker market in a bid to prevent the repeat of widely publicised 'bunkering scandals' in 2001/2002. The MPA has been a pioneer in introducing bunker market regulation, and its CP60 Bunkering Code of Practice is being emulated elsewhere. The new Accreditation Scheme for Bunker Suppliers takes regulations a step further, putting the onus on suppliers to ensure bunker quality.
  • Strong demand in Gibraltar despite large gains
  • OPEC oil output in June below quota, basket price nears ceiling
    The latest IEA report said OPEC output fell in June to below its quota ceiling. Meanwhile, OPEC's crude basket stood just 2 cents short of the $28 ceiling yesterday.
  • Five days in Greece leaves IFOs back where they started
  • African market snapshots
  • Oil steady after IEA report, Claudette threat diminishing
  • Rotterdam: More market tightness expected short term

International Transport Journalweb site
JULY 11, 2003
  • Schneider National names Regional Account Manager for West Coast
  • New ferry on Harwich-Esbjerg route
  • Hamburg Airport stabilises profits
  • Yellow Corp. to acquire Roadway Corporation
  • Transports Crowe and Natural (France) merge

Marine Logweb site
JULY 11, 2003
  • NOAA seeks SWATH
    RFP set for July 17 issuance
  • EU "post-Prestige" proposals high on MEPC agenda
    EU demands for faster phase outs of single hulled tankers are part of a busy agenda at next week's meeting of IMO's Marine Environmental Protection Committee

World Wide Shipperweb site
JULY 11, 2003
  • Port of Olympia busy with three ships calling terminal
  • Port of Portland has hit with Supplier Registration web site
  • US rail freight traffic has up/down month of June
  • The Greenbrier Companies reports profitable third quarter
  • Port Bellingham taps Jilk as Director of Marine Services

Lloyd's Listweb site
  • Dunlop scrap talks with Greenpeace
    European shipowner representatives have met Greenpeace in Brussels to discuss the maritime industry's progress towards environmentally friendly ship scrapping, writes Roger Hailey .
  • Teekay unmasked as Torm shareholder
    TEEKAY, one of the world's leading tanker groups, has stepped from the shadows as the intriguing owner of a 16% interest in Torm, the Danish bulk shipowner, which was bought 10 days ago by a mysterious Liberian company.
  • Evergreen kicks off boxship spree
    TAIWAN'S Evergreen Marine Group will sign the first part of what was a long-awaited $1.5bn 30-boxship deal later this month with Japanese shipbuilder Mitsubishi Heavy Industries.
  • CMA CGM bolsters 8,000 teu tonnage
    CMA CGM is the latest carrier to add to its orderbook for 8,000 teu tonnage.
  • Inchcape wins massive ExxonMobil deal
    INCHCAPE Shipping Services has landed a huge contract from ExxonMobil that will cover about 10,000 port calls a year, writes Janet Porter.

Fairplayweb site
JULY 11, 2003
  • Uruguay expands forest exports
  • Landmark Cuba-US accord signed
  • A&P add Tees yard to UK network
  • Scapa Flow terminal moves closer
  • EIB loan boosts Moroccan ports
  • Torm in dark on Teekay plans
  • Q-Ship acquires Mesaieed yard
  • Balearia to take on Trasmed
  • Madrid reassures on Tarifa status
  • Bangla insurance plan dropped
  • Greek ferry sector at loggerheads
  • Korea to streamline sea training
  • WMD initiative gets underway
  • Australia narrows productivity gap
  • Philippines harnesses e-technology
  • Murder inquiry - five detained
  • Ferry boost from Tarifa status

The Journal of Commerceweb site
JULY 11, 2003
  • Senate gets port security funding bill
    Compromise provides long-sought funding for Maritime and Transportation Security Act legislation.
  • Port of Vancouver boxes continue rise
    The Canadian port said it handled 771,285 TEUs year-to-date, a 10.3 percent increase over the year-ago period.
  • Philadelphia gets $2M in security grants
  • Peake new COO for Sea Star
  • Cops bust N.J. train theft ring
  • Safmarine, MOL launch India services
  • DHS seeks comment on anti-terror tech liability
  • Proposals sought for Brooklyn terminal
  • Schenker opens Trieste terminal
  • Air Canada opens Cuba service
  • U-Freight shifts Chicago office
  • China currency a barrier to trade, U.S. exporters say

Containerisation Internationalweb site
JULY 11, 2003
  • US Customs seize illegal arms found on CP Ships' vessel
    Customs and Border Protection (CBP) inspectors seized nearly half US$500,000 worth of arms yesterday found in a container at the Port of Portland but bound for El Salvador.
  • South American rises set to haul rates up from historic lows
  • AP Moller Terminals' Pipavav deal back on
  • Future role of NY/NJ terminal to be decided by year's end
  • Australian ports bridge productivity gap with trade partners
  • China's landside port facilities create obstacles for cargo
  • Fuzhou gives boxes preferential treatment
  • Horse trading to finalise US port security funds for 2004
  • Hanjin president's China visit aimed at consolidating volumes
  • 'History in the making' on Europe/Canada service
  • CMA CGM orders four 8,200TEU containerships
  • Security innovators offered legal protection against failure
  • OOCL confirms new ship orders

TradeWindsweb site
JULY 11, 2003
  • Teekay shares edge up on Torm news
    Stock has afternoon rally after S&P nod.
  • Bulfracht going bust
    Cyprus-registered charterer caught on wrong side of dry-bulk market.
  • Big box order for HHI
    Hyundai to build four giant containerships for France's CMA CGM.
  • TK's Torm move surprises market
    'They always have a game plan.'
  • Richards Butler staff shift
    But management says business is expanding.
  • Qatar talks LNG supply with US
    Giant gas ships likely to be needed to match whopping supply deal.
  • Teekay is new Torm investor
    Aframax giant steps from shadows to reveal itself as mystery holder of 16% in Danish tanker owner.
  • Bourbon swallows up Havila Supply
    French offshore and bulker owner takes control of Norwegian rival in NOK 363m deal.
  • Morfini inks Shina option
    Italian owner takes MR newbuilding orders to three at South Korean shipbuilder.
  • Iraq sells first post-war crude
    BP, Shell, ChevronTexaco and Taurus win tender for first crude pumped after Saddam downfall.

American Shipperweb site
JULY 11, 2003
  • CMA CGM orders four more 8,100-TEU ships
  • OOCL orders another two 8,063-TEU ships
  • CORRECTION: CMA CGM and MSC have not made choice of Californian port
  • MISC stockholders approve takeover of Eagle Tankers
  • Teekay acquires 16% stake in competing tanker group Torm
  • 7M Transport expands to Chicago market
  • FMC compromise agreements reach $680,000
  • Panalpina names Dittmann to lead North America sales
  • Proposals sought for Red Hook Container Terminal use
  • FMC settles with Canaveral port's tug franchise on violations

›››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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