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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:52 GMT+1
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BRIEFS
November 20, 2006
The Business Timesweb site
Shipping News
  • China Shipping eyes stake in Pelepas port
    A Chinese shipping giant is eyeing a stake in two Malaysian ports, including top container port Tanjung Pelepas, which neighbours Singapore, a report said on Saturday.
  • Euro halal storage centre to open next year
    THE Port of Rotterdam expects its new warehouse in Netherlands, which would facilitate the storage and distribution of halal products, to be operational next year, Rotterdam City's vice-mayor, Roelf de Boer said.
  • China Merchants buys port, land from parent
    CHINA Merchants Holdings Co has entered into an agreement to buy HK$1.63 billion of port and land assets from its parent, the company said.

Sched Netweb site
  • COSCOL 4th most competitive listed company in China
  • MSC announces independent transatlantic rate restoration
  • Ningbo sees double-digit growth in trade
  • Qinzhou port container volume surges 69pc y-o-y to October
  • Senator Lines concludes 'painful' downsizing talks
  • Xiamen port cargo surpasses last year's total, hits 3.3m TEU
  • Mainland Cepa imports from Macau set record
  • PG Logistics to open in 15 cities in China
  • Air cargo forwarders given nod to set up private firms in China
  • Jetstar to go to Nagoya, Osaka while Qantas focuses on Tokyo
  • FedEx to add 32 new offices to China network in one year

Exim Indiaweb site
  • Global shipping lines see burgeoning India-China trade as answer to empties
  • Cruiser calls at NMP
  • Chinese demand pushes up prices
  • Bangla crisis affecting border trade
  • India, China to sign several pacts during Hu's visit
  • Texprocil signs MoU with Uzbekistan
  • Gujarat to export 4,000 t. castorseed oil to China
  • India to bring up issue of US order over shrimp at WTO again
  • Italy keen to invest in India
  • India, Mauritius to sign CECPA
  • Kerala begins land acquisition process for Azhikkal port
  • CONCOR announces raft of new initiatives to facilitate ex-im trade
  • Chennai ACC users suggest storage of goods at CFSs
  • Iron ore export policy coming
  • RIL, Birla Group drawn to Vizag SEZ
  • Forex reserves swell by $1.168 bn
  • Month-long 'Poland Days in India' festival inaugurated
  • AIAI to hold meeting with Polish team on Nov. 22
  • Luncheon session with Quebec Minister today

International Transport Journalweb site
NOVEMBER 17, 2006
  • Hellmann Worldwide Logistics selects new product manager
  • Senator Lines starts implementation of "Concept 2007"
  • Aer Lingus increasing Europe coverage in 2007
  • EWS launches EWS Industrial
  • Russian Railways to take over Transmashholding?
  • DHL Exel launches Australian 'direct to pharmacy' operation

Maritime Global Netweb site
NOVEMBER 17, 2006
  • HK owners back Intertanko on distillate fuel
  • Strong market buoys Knightsbridge
  • Novatug enters South American market
  • EDF charter for "K" Line

Marine Logweb site
NOVEMBER 17, 2006
  • Northrop Grumman hops on Underwater Express
  • Celebrity Cruises cancels Millennium cruise
  • Island Offshore back at Aker

World Wide Shipperweb site
NOVEMBER 17, 2006
  • Coast Guard monitoring cargo ship in Gulf of Alaska
  • Hamburg Sud changing name of Spanish line
  • Celebrity cruise vessel will miss sailing due to repairs
  • Andre Elmaleh named Port of Tacoma auto business boss
  • Weekly rail freight numbers post up/down week

Lloyd's Listweb site
  • Shell wins bumper Nakilat LNG fleet deal
    QATAR Gas Transport has appointed Shell International Trading and Shipping to manage its fleet of at least 27 new LNG carriers in a 25-year deal.
  • Senator survival strategy sees jobs and services axed
    SENATOR Lines is axing services and cutting jobs in yet another fight for survival.
  • Maersk Line seeks $300-per box increase to stem Atlantic rate slide
    MAERSK Line is taking action to halt the slide in freight rates on the Atlantic by telling customers it will be targeting increases of at least $300 per container next year on westbound routes.
  • Nymex doubles its money on debut
    SHARES of energy exchange Nymex Holdings Inc more than doubled in their market debut on Friday, climbing as high as 129%, a day after pricing above a forecast range.
  • Strike Club agrees modest 5% advance call rate increase
    SHIP operators enrolled in mutual insurer Strike Club will be asked for a 5% increase in advance call rates for the 2007-2008 policy year, club directors have decided.

Fairplayweb site
NOVEMBER 17, 2006
  • Tapias pounces on Navigasa
    LA CORUNA 17 November ' Spanish operator Grupo Tapias has brought a 42.5% stake in Galician owner Naviera de Galicia (Navigasa) for an undisclosed sum
  • Thoresen Thai profit slides
    DRY bulk operator Thoresen Thai Agencies has posted unaudited net profit for the year to 30 September well below the result reported a year ago
  • Vessels stranded by crane dispute
    A row over operations of four quay gantry cranes has left at least 13 gearless container feeder vessels stranded at Chittagong
  • Funding found for Scilly upgrade
    A £39M ($74M) scheme to improve the ferry service linking the Isles of Scilly to the UK mainland would see a new passenger/freight vessel and harbour improvements
  • Sun Ace, Celebrity fined for polluting
    TWO shipping lines have been fined in the US and two seafarers are set to stand trial following separate incidents on the east and west coasts
  • Sovcomflot fast-tracks into LNG
    SOVCOMFLOT chairman Igor Shuvalov has described the company's move into the LNG sector as a landmark achievement for Russian shipping
  • Senator to axe jobs in Germany
  • Ottawa overrules unions on security
  • Singapore urges use of 'safe speed'
  • EC move gives hope to shippers
  • RCL hit by 3Q rate weakness

The Journal of Commerceweb site
NOVEMBER 17, 2006
  • Senators urge $400M for port security
    Bipartisan quartet who guided SAFE bill through the Senate ask Bush to provide $400 million for port security grants in fiscal 2008.
  • U.S. Customs program to aid Asia trade development
  • Shippers skeptical of West Coast short sea: Survey
  • China firm in Malaysia terminal talks
  • Portland boxes gain 33%
  • MSC to independently hike trans-Atlantic rates
  • UPS rates to rise by 5%
  • U.S. offers whale-safe routes
  • Canada sets background checks for port workers
  • Hamburg selling stake in its biggest stevedore
  • Fraser River traffic steady

Containerisation Internationalweb site
NOVEMBER 17, 2006
  • Port privatisation in the dock as Turkish Supreme Court is set rule on Mersin test case
    Port privatisation in Turkey has reached a pivotal point with the Supreme Court decision on the Mersin privatisation test case expected within a fortnight.
  • Major Customs changes for Australian imports
    Around 1,200 changes will be made to the Australian Customs Service's Harmonised Commodity Description and Coding System used by importers to classify and determine tariffs from January 1.
  • MSC and Maersk announce transatlantic rate increases
  • News Analysis: Be tough on the transatlantic, urge market players, led by Maersk
  • Heung-A bucks the shipping trend and posts a 61% Q3 profit
  • Political manoeuvring keeps Chittagong cranes idle
  • CN launches grain container facility to facilitate West Coast exports
  • Australian cotton joins drought casualty list
  • Smuggled Spanish meat bone meal stopped by Jakarta customs
  • Silport starts breakwater construction, but delays launch of box handling
  • Analysts say Shanghai will beat Singapore and Hong Kong in 2007

TradeWindsweb site
NOVEMBER 17, 2006
  • Geden flips capesize
    Turkish resale artist Geden Lines is reported to be at it again with a Shanghai Waigaoqiao capesize.
  • US yards sue USCG
    US shipyards and shipowner Pasha are taking the US Coast Guard to court over Matson Navigations's ship conversion plans.
  • BV bid 'not hostile'
    Bernard Anne guns to create world's largest class society claiming size will guarantee Germanischer Lloyd's survival.
  • Paragon of bulk
    Greek dry bulk player Paragon Shipping has completed private-equity offering in US, but may have settled for less than its goal.
  • UK holds eight
    Novoship pair fall foul of MCA inspections with one a "preventative detention" for repairs in Belfast.
  • Klaveness crewman dies in fall
    A seaman is dead at Mobile after falling from the gangplank of a Klaveness self-unloading bulker.
  • Citi to bankroll Vinalines
    The $3.2bn expansion plans of Vietnamese shipowner Vinalines have found a sympathetic banker.
  • Hefty Hawaii hikes
    Matson is raising California-Hawaii box rates again to pay for its new ships plus shoreside investments.
  • Vinashin flogs more paper
    Vietnam's Vinashin is selling $18.7m worth of bonds on the domestic market to fund export shipbuilding projects.
  • Euroseas seeks $50m
    Bulk-to-boxship owner prepares convertible share offering ahead of hoped for Nasdaq listing.
  • Micro profit for Omega
    Book loss on sale of bulkers and derivative contract losses keep income at a minimum for Greek product tanker owner.
  • Eitzen poaches Olsen
    Eitzen Chemical is hiring a new boss, Terje Askvig, away from Fred Olsen Renewables.
  • Aker lands more Island orders
    Order for two PSVs at Aker by Island offshore brings to 23 the number of contracts between the Norwegian pair.
  • Tokai takes a hit
    Japanese ferry owner plunges to a nine-month loss as revenues drop back.
  • Sanoyas rebounds
    Japanese shipbuilder turns loss to profit in first half as revenues climb.
  • A fistful of Euros
    Carnival launches EUR 750m bond issue in face of still-weak dollar.
  • Tamai on the slide
    Profit and revenue weaker for Japanese bulker owner in first six months.
  • France pulls UN card on N Korea
    Tiny Indian Ocean territory of Mayotte scene of first declared ship inspection under UN sanctions against rogue state.
  • GdF giant goes forth
    Provalys becomes the world's largest LNG carrier and the first to be powered with diesel-electric.
  • Havila has another 19%
    Norwegian owner raises stake in KS company building an anchor-handler at Havyard Leirvik.
  • Sasebo turns it around
    Japanese shipbuilder pulls out of the red in first half as revenues grow.
  • EDF takes K Line bulker
    French trader inks five-year charter deal for Japanese owner's 177,000-dwt newbuilding.
  • Namura takes a plunge
    Japanese yard widens net losses in first six months, but is still predicting full-year profit.
  • NGSCO takes control
    Emirates gas player assumes management of quartet of its own LNG ships ending 12-year deal with BP Shipping.
  • Thoresen sells supply boat
    Thai shipowner's Mermaid Maritime subsidiary has disposed of a vessel to Malaysian interests.
  • New yard for Batam
    UAE engineering company Fabtech is planning new facility on Indonesian island.

American Shipperweb site
NOVEMBER 17, 2006
  • NIT League to review OSRA in 2007
  • MSC copies Maersk with transatlantic rate restoration outside TACA
  • Car carrier trade will reach 19.8 million units by 2010
  • "K" Line signs long-term bulk carrier charter contract with EDF
  • OMI's board declares dividend, authorizes shares repurchase
  • More lines cutting capacity to halt rates dive
  • Asian shipper group lauds latest EC decision on liner conferences
  • BIMCO to EC: Add international goal to future maritime policy
  • APL's volume up, revenue down
  • NIT League to strengthen ties with air cargo sector
  • National Air Cargo buys Murray Air
  • ITDS picks up steam
  • Chinese company takes advantage of U.S. logistics training
  • USDA releases $39 million for 3 overseas trade promotion programs
  • Transition underway at CBP Trade office
  • ITC probes U.S. high-performance outerwear, travel goods industries
  • USDA considers imports of Indian mangoes
  • Navis ties up Georgia DC software deal with Cal Cartage
  • Eurinpro names Knan as Germany managing director
  • Canada spends C$42 million on latest round of security projects
  • VeriTainer will test nuclear detector on Oakland crane
  • PSA Singapore renews container truck fleet
  • Elmaleh to lead auto business for Port of Tacoma

The Scandinavian Shipping Gazetteweb site
NOVEMBER 17, 2006
  • Double naming ceremony at Brodosplit
    Concordia Maritime's and Neste Oil's jointly owned 74,999 DWT product tankers under construction at Brodosplit Shipyard in Split have been ...
  • Hurtigruten Group finally in the black in 2007
    Hurtigruten Group, which operates the Coastal Express from Bergen to Kirkenes, has announced preliminary pre-tax results of NOK 196 ...
  • Polferries to increase capacity on Nynäshamn-route
    On January 8, 2007, Polferries will put the recently acquired ro-pax ferry the Zenit in service on the Gdansk ...

The Bunker Bulletinweb site
NOVEMBER 17, 2006
  • Hedging manages risk, 'plain and simple'
    Forum hearing message that hedging tools offer price protection for bunker buyers.
  • Bunker prices tumble as crude oil falls
    Singapore sees deepest losses as bunker markets weaken in major hubs.
  • Another fuel oil trade independent of Platts
    Singapore fuel oil market could be ready to explore alternative pricing sources.
  • Door ajar to Iranian bunker market as new company starts operations
    Bunker supply to foreign vessels already offered in Bandar Abbas with reports that service could be extended.
  • Bunkering still suspended in Mumbai
    Players speak of "all out effort" to resolve a bureaucratic confusion over licensing requirements.
  • Rotterdam market follows crude down
  • Oil firm, tanker owner seek release from criminal charges
    Petron offical says criminal charges from Guimaras provincial prosecutor's office following lack 'factual and legal basis'.
  • Maersk participates in oil spill exercise
    Oil spill exercise simulates a tanker collision with a barge near Norfolk.
  • Oil prices plunge below $57
    Crude prices plummet to lowest levels in a year

›››File
FROM THE HOME PAGE
PORTS
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
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
SHIPPING
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
PORTS
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%)
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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