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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
January 21, 2003
Shipping Timesweb site
Shipping News
  • Resolve urgent issue of port of refuge: ABS
    THE port of refuge issue needs to be urgently resolved to prevent the escalation of casualties like Prestige and Castor, according to the head of classification society American Bureau of Shipping.
  • Shipping's problem is an image, not a safety one
    AMERICAN Bureau of Shipping chief Frank Iarossi has attacked the widespread perception that shipping has a poor safety record, insisting in reality the industry has steadily and remarkably improved its safety and environmental performance.
  • New security measures seek to counter terrorist threat
    WITH unprecedented speed the global maritime regulator, the International Maritime Organisation , has reacted to the new terrorist threat by creating and passing a raft of security measures in little under a year.
  • Flouting US' 24-hr rule will be costly: HK body
    THE Hong Kong Shippers' Council has warned exporters that they must comply with the controversial 24-hour advance manifest requirement of the US Customs within a week.
  • LT to enter N Atlantic trades next month
    ITALIAN container line Lloyd Triestino will enter the North Atlantic trades in February with a new service linked to its participation on the NUE pendulum weekly service which links Asia, North America and North Europe.
Air and Land Transport
  • Cathay, Dragonair scrap talks on China row: report
    HONG Kong's dominant carrier Cathay Pacific Airways and smaller rival Dragonair have abandoned talks on a private settlement of a dispute over Cathay's bid to fly to mainland China, the South China Morning Post reported yesterday.
  • 6 workers injured in NY airport incident
  • SAS Cargo positions itself for consolidation
  • Sydney airport operator's H1 earnings up
  • Air Lib's fate hinges on government bailout decision

Shipping Timesweb site
Shipping News
  • Resolve urgent issue of port of refuge: ABS
    THE port of refuge issue needs to be urgently resolved to prevent the escalation of casualties like Prestige and Castor, according to the head of classification society American Bureau of Shipping.
  • Shipping's problem is an image, not a safety one
    AMERICAN Bureau of Shipping chief Frank Iarossi has attacked the widespread perception that shipping has a poor safety record, insisting in reality the industry has steadily and remarkably improved its safety and environmental performance.
  • New security measures seek to counter terrorist threat
    WITH unprecedented speed the global maritime regulator, the International Maritime Organisation , has reacted to the new terrorist threat by creating and passing a raft of security measures in little under a year.
  • Flouting US' 24-hr rule will be costly: HK body
    THE Hong Kong Shippers' Council has warned exporters that they must comply with the controversial 24-hour advance manifest requirement of the US Customs within a week.
  • LT to enter N Atlantic trades next month
    ITALIAN container line Lloyd Triestino will enter the North Atlantic trades in February with a new service linked to its participation on the NUE pendulum weekly service which links Asia, North America and North Europe.
Air and Land Transport
  • Cathay, Dragonair scrap talks on China row: report
    HONG Kong's dominant carrier Cathay Pacific Airways and smaller rival Dragonair have abandoned talks on a private settlement of a dispute over Cathay's bid to fly to mainland China, the South China Morning Post reported yesterday.
  • 6 workers injured in NY airport incident
  • SAS Cargo positions itself for consolidation
  • Sydney airport operator's H1 earnings up
  • Air Lib's fate hinges on government bailout decision

Sched Netweb site
  • HK Shippers' Council warns of 24-hour rule deadline
  • Safmarine orders three vessels for Europe-West Africa routes
  • Singapore, US finalise FTA after overcoming last obstacle
  • December cargo movements change little at POLB
  • Port of Antwerp expects record 2002 for total traffic
  • Delta posts 2002 fourth quarter loss of US$363m
  • AA seeks talks with employees to help it out of financial jam
  • Chew Choon Seng to head SIA starting this summer

Cargowebweb site
JANUARY 20, 2003
  • 'Over 15,000 port workers in strike'
    In seaports from Northern Germany to the furthest reaches of Spain, more than 15,000 port workers went on strike.
  • Port Klang's throughput to rise 12 per cent
    Port Klang's throughput volume this year is forecast to increase by about 12 per cent in 2003 to five million Teu, Port Klang Authority (PKA) chairman Ting Chew Peh said.
  • Ningbo registers increased container transport
    The port of Ningbo, in east China's Zhejiang Province, handled 1.8 million standard containers in 2002, up 52 percent over the previous year.
  • Congressional call for tighter air cargo security
    Two senators in Washington, Kay Bailey Hutchison and Dianne Feinstein, said air cargo security still has problems that could make it vulnerable to a terrorist attack, despite some improvements, after the US General Accounting Office released a report that found air cargo undergoes little inspection.
  • FedEx purchases ATR 42-320
    FedEx Express, a FedEx Corp. operating company, expects to receive the first of eight ATR 42-320 aircraft acquired under a definitive purchase agreement with Continental Airlines.
  • Little disruption in Rotterdam
    Rotterdam will be spared the full effect of Friday's strike against the European Ports Directive at almost every port in Europe. Many of ECT's employees would be working normally, in accordance with a recommendation from the local branch leadership of the FNV Bondgenoten union.

The Bunker Bulletinweb site
JANUARY 20, 2003
  • High quality gasoil available in Poland soon?
  • Pilots resume operations in Maracaibo, Venezuela
  • Cold weather delays opening of Latvia's new bunkering terminal
  • Bunker suppliers keep going in Russian deep freeze
  • Study shows detrimental effect of EU single hull proposal
  • Rotterdam numbers fall as market stabilises

International Transport Journalweb site
JANUARY 20, 2003
  • Exel announces deal with Oxford University Press
  • Iberia announces 2002 results
  • Rickmers-Linie takes delivery of third new vessel
  • Manhattan Associates acquires Logistics.com
  • Vatry International Airport was a winner in the Paris Dakar rally

The Scandinavian Shipping Gazetteweb site
JANUARY 20, 2003
  • Aker buys Rumanian yard
  • Teekay may buy again
  • Harland & Wolff closes down

Marine Logweb site
JANUARY 20, 2003
  • Successful tets for LNG ship dual fuel engine
    Wartsila Corporation reports that it has successfully completed the factory acceptance test of the first Wartsila 50DF engine in a series of four dual-fuel engines for a 74,000 m3 LNG carrier.

World Wide Shipperweb site
JANUARY 20, 2003
  • Rebecca Dye take post on Federal Maritime Commission
  • Republic of Korea joins Customs' CSI program
  • Port of Kalama nets water rights from Washington Department of Ecology
  • Port of Portland hosts meeting to discuss new strategic plan
  • Shippers sign agreement for second LNG carrier

Lloyd's Listweb site
  • Prestige master in plea to Spain for freedom
    APOSTOLOS Mangouras, the 68-year old master of the Prestige , has written an emotive plea for freedom after two months locked up in a high-security Spanish jail.
  • Pressure builds on charterers to choose quality oil tankers
    Giuseppe Bottiglieri, managing director of Bottiglieri di Navigazione, said he would be pressing for this in forthcoming European Union legislation.
  • P&O Ports buys Vancouver container terminal
    RAPIDLY expanding P&O Ports has plugged a hole in its global network by purchasing a container terminal in Vancouver, its first acquisition on the North American west coast.

Fairplayweb site
JANUARY 20, 2003
  • Search on for missing seafarers
  • Europe lays out pollution reforms
  • Mangouras asks for release
  • Stinnes picks out new targets
  • Carlsson calls on oil majors
  • Smugglers' stores closed
  • Hanjin P boxes to reach Europe
  • USCG to remain independent
  • Protesters delay cruise scuttling
  • Malaysia signs up to CSI
  • Russian congestion eases
  • P&O Ports wins Mundra approval
  • Insurers question Drydocks cover
  • Prestige probe blocked in Brussels
  • Landlocked Uzbekistan agrees outlet
  • Wärtsilä unveils dual-fuel design
  • Tough year for engine builders
  • Yemen tightens tanker security
  • Arrest 'vindicates' ITF campaign
  • CMA CGM to boost Zeebrugge volume
  • French plan new UK ferry link
  • Drifting logs pose danger
  • Iarossi blames shipping press
  • USCG, Singapore strengthen ties

The Journal of Commerceweb site
JANUARY 20, 2003
  • UPS signs intra-China package deal
    United Parcel Service has signed an agreement with a new Chinese all-cargo carrier to handle packages for UPS within China.
  • U.S. Great Lakes cargo flat in '02
    U.S.-flag Great Lakes vessels hauled 101.3 million tons of cargo in 2002, a drop of less than 1 percent drop compared to the previous year.
  • FedEx unit buys regional freighters
    The carrier acquires eight French-built aircraft from Continental Airlines for use on domestic routes.
  • P&O Ports enters West Coast market
  • Alliance OK'd for U.S. airlines
  • Kansas City Southern serves Port of Mobile
  • LeHavre in P2K deal with Maersk, stevedore
  • Santos tops box mark
  • Hyundai Merchant Marine selling bonds
  • BAX Global awarded AGCO contract
  • Phillips consolidates Pilot Air Freight ownership
  • Raymond: SEA-21 tabled for 2003

TradeWindsweb site
JANUARY 20, 2003
  • Owner wins marathon battle
    More than 20 years after bulk carrier arrest Nicholas Moundreas set for full redress.
  • Twenty arrested in tanker protest
    Gibraltar may charge Greenpeace activists with dangerous navigation.
  • Prestige master pleas for release
    Seafarers union is unwilling to pay precedent-setting $3.1m bail.
  • P&O heads west
    UK shipping group buys two Canadian port ventures.
  • Concordia cautious on new orders
    Charters must come before shipbuilding contracts says Lars Carlsson.
  • Mahart privatisation moves closer
    Long-mooted sell-off of Hungarian owner cleared by privatisation agency.
  • Safmarine hits the order trail
    AP Moller keeps $80m plus contract for three new containerships in house.
  • High scrap price not luring tanker owners
    Roaring freight market keeps vessels from the breakers' beaches.
  • Greenpeace boards tanker in Gibraltar
    Greek-owned aframax chosen for single hull protest in Algeciras Bay.
  • Wan Hai sells convertible bonds
    Five-year issue aims to raise $125m for Taiwanese boxship player.
  • Essar grows earnings
    Stronger freight rates start to kick in across all sectors for Indian owner.
  • Torm offloads handymax
    Danish owner to book gain on sale, reportedly to Evangelos Pistiolis' Primal Tankers.
  • Canada detains six in December
    Port state checks lead to Greek bulker being held twice with defective fire pump and emergency generator.
  • P&O pulls Trinidad cruises over terror fears
    UK government warning over terrorism prompts itinerary rethink.
  • UBS Warburg cuts Star earnings
    Threat of war and weakening US confidence blamed for downward revision of net profits.
  • EC to push ahead with polluter legislation
    Commission head Romano Prodi says plans to be considered in next few days.
  • Teekay eyes fresh round of fundraising
    Aframax giant looks to raise up to $500m from the sale of shares and stock to finance acquisitions.
  • Seabulk bolsters offshore fleet
    Florida owner purchases a PSV newbuilding and charters two ships from the Labroy Group.

›››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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