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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:09 GMT+1
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BRIEFS
October 16, 2008
The Business Timesweb site
Shipping News
  • APL, PSA bag Lloyd's List Asia awards
    The Lloyd's List Asia awards last night saw APL picking up the Asian Container Shipping Line of the Year award, while PSA International once again picked up the Container Terminal Operator of the Year award.
  • New national standard to boost bunker practices
    The Port of Singapore has notched up another world first with the launch yesterday of Singapore Standard SS 600: 2008 - Code of Practice for Bunkering.
  • Cargo rates dip on tight credit
    Pacific Basin Shipping Ltd, Hong Kong's biggest dry-bulk carrier and Precious Shipping Pcl said that demand for moving coal, iron ore and other commodities will fall because banks are guaranteeing fewer loads.

Sched Netweb site
  • CMA CGM east Mediterranean service calls at Ningbo Daxie
  • Yang Ming starts Far East-Israel (ADX) service
  • APL credits backhaul for 6pc volume increase
  • Banned IRISL offers 600-TEU ship service to Venezuela
  • US Navy: Pirates will seek new hostages as old ones freed
  • Rotterdam and Amsterdam ports to merge July 1, 2009
  • Ghana Ports Authority imposes box handling monopoly
  • Rio Grande CT expansion four years ahead of schedule
  • FPS Sri Lanka provides services for Oluvil Port Project
  • BIFA to hold free workshops for UK freight forwarders
  • 'Chilling' anti-railway buyout bill denied fast track
  • Zhengzhou Airport tries on low-cost operation mode
  • Lufthansa, Air France suffer September cargo slump
  • Hong Kong's AAT's truck control system wins two RFID awards

Exim Indiaweb site
  • Global meltdown impact on shipping projected to be 'severe'
  • Baalu christens 2 of SCI's boxships
  • Probe begins into dumping of linen fabrics from China & Hong Kong
  • 20 mt coal to be imported
  • Crude import cost doubles in 5 months
  • Brand Italy to vibe with Indian business
  • Gems & jewellery exports fetch 18 pc more in H1
  • MPSEZ bags 'Private Port of Year' award
  • Fairdeal Group's ICD-Indore launched
  • First-ever bulk grains rake flagged off from Adani Agri Logistics depot in Haryana for Navi Mumbai
  • Rlys' freight earnings up by 20 pc in H1
  • RBI to release Rs 20,000 cr. more to meet needs of mutual funds
  • Assocham offers formula to end liquidity crisis

Maritime Global Netweb site
OCTOBER 15, 2008
  • St Lawrence labour deal done
  • Puntland troops free freighter
  • IBM's US$7.5m deal with Moller-Maersk
  • IRI "expecting 150 new ships"
  • "Shipping should be in Kyoto Protocol":NITC

Marine Logweb site
OCTOBER 15, 2008
  • Somali pirates seize bulker
  • Financing hitch hits Aker Philadelphia shuttle tankers
  • Signal International to repair two Hercules Offshore rigs
  • Two year contract for Rowan Gorilla II

World Wide Shipperweb site
OCTOBER 15, 2008
  • Port of Bellingham releases new waterfront project information
  • Corps breaking up pair of dam projects
  • Container education group expanding resources for students
  • Container & Intermodal Institute names Connie Award winners
  • Mediated talks break down between Boeing, machinists union

Lloyd's Listweb site
OCTOBER 15, 2008
  • Bulker rates fall amid trade credit fears
    RATES slide further on fears that 'frozen' credit lines are restricting shipments of dry bulk commodities.
  • 'Horrible week' adds to Pacific panamax woes
  • NOL's Widdows explains pullout from Hapag race
    TAKEOVER of Hapag Lloyd would put NOL at risk, says Ron Widdows in a letter to customers.
  • Box lines call for shipper support on consortia rules
    LINER industry asks shippers to join them to persuade Brussels to drop controversial proposal.

Fairplayweb site
OCTOBER 15, 2008
  • Crew crunch is even more worrying
    SHORTAGE of officers could prove to be of greater significance to shipping than the credit crunch, Jan Morten Eskilt, chairman of OSM Group, told the Marine Money conference in Singapore today
  • Attica brings Superfast in-house
    ATTICA Holdings is to absorb its subsidiaries Superfast Ferries and Blue Star Maritime through an exchange of shares and issue of new ones
  • Three arrested after Fedra loss
    GIBRALTAR police have arrested the captain and two crew members of the bulk carrier Fedra, which split in two during severe weather on 10 October
  • Energy shipping will secure funding
    SMART money is likely to shift across to offshore shipping and tanker trades, delegates at the Marine Money conference in Singapore concluded today

The Journal of Commerceweb site
OCTOBER 15, 2008
  • Trans-Pacific lines see 2009 rebound
    Lines anticipate rebound in eastbound Pacific in second half of 2009; look to recover more bunker and inland diesel costs.
  • Transportation interests warned on gov't. intervention
  • NYK, OOCL to share chassis
  • Puerto Rico ports close as Hurricane Omar approaches
  • NATO warships on way to fight piracy off Somalia
  • Maersk hikes Asia-Aus. rates
  • CMA CGM expands Europe-Indian Ocean service
  • Economic crisis could help re-start Doha trade talks
  • International Shipholding expects Q3 profit gain
  • ProLogis in Japan leases
  • CSX net gains 40%

Containerisation Internationalweb site
OCTOBER 15, 2008
  • 'Russian Day' in Seoul
  • US Importers ill-prepared for new security regulation
  • Panama Canal bucks the credit crunch
  • Bunker prices return to 2007 levels
  • Lonrho takes the wind out of SAILS

TradeWindsweb site
OCTOBER 15, 2008
  • Ofers idle capes
    Israeli shipowner's Zodiac Maritime Agencies is said to be idling 20 capesize bulkers.
  • Pain resumes
    A round of bad news push bulker owners lead plummeting stocks on Wall Street.
  • Outlook 'difficult'
    Dahlman Rose analyst downgrades two tanker owners and says bulker owners face "significant net asset value corrections."
  • Supramax seized
    New Philippines-managed, Panama-flagged bulker with 21 crew members latest to be snatched by Somali pirates.
  • Ballots set to kill
    Blank-cheque company Energy Infrastructure Acquisition asks shareholders to push the self-destruct button.
  • No Cosco woe
    Possible collapse of MPF order will not hit bottom line, says Cosco Singapore as shares tumble.
  • Bust in the Baltic
    Finnish ferry operator SuperSeaCat suspends sailings and heads for liquidation as financial problems hit.
  • Svitzer arrives
    Salvors begin removing bunkers from a grounded Argentine bulk carrier off Spain.
  • OSG takes stock
    New York tanker owner Overseas Shipholding Group buys up $2.8m in shares of spin-off OSG America.
  • One for all
    East and southern African nations closer to agreeing shipping line to handle regional business.
  • ACS swaps
    US owner rejigging sequence of Aker Philadelphia newbuildings due to lack of finance for two shuttle tankers.
  • Damen's design
    Dubai picks Dutch yard's blueprint for its new ferries, with a Chinese yard lined up to actually build them.
  • Yard drama
    Cammell Laird workers jailed in 1984 after industrial action have written a play about their experiences.
  • NITC VLCCs hit
    NITC boss Mohammad Souri says two of his VLCCs were recently targeted in Gulf of Aden.
  • Hapag to float?
    MM Warburg's Christian Olearius says container line's new owners should consider IPO as well as acquisitions.
  • Car carrier blaze
    Confusion as to whereabouts of chief engineer as fire breaks out onboard ship off Japan.
  • Trio for Samsung
    Korean yard bags single aframax order from unidentified Italian and confirms Geden Lines duo.
  • Canal cash
    Panama defies credit crisis to fix up loans worth $2.3bn for widening of vital canal.
  • TB at GB
    Bahamas hospital confirms positive tuberculosis test on worker at Grand Bahama Shipyard.
  • SMC adds three
    Shipping arm of Philippines brewer San Miguel wins state tax breaks for two Chinese newbuilds, buys Japanese barge.
  • Calais closed
    French port officers begin 24-hour strike, forcing P&O to suspend ferry loading at Dover.
  • Outbounds decline
    US westbound container volumes sharply down on previous months on strong US dollar.

American Shipperweb site
OCTOBER 15, 2008
  • Drewry: Reefer shipping is still robust
  • Coast Guard's Bone joins American Bureau of Shipping
  • Langh introduces new containers for steel shipment
  • Feldman named VP international operations for Pilot
  • CSX records profit increase from continuing operations
  • Chertoff stands ground on 100% scanning
  • Congress proposes relaxed phase-in of Lacey Act
  • USDA to allow guava fruit imports from Mexico
  • CEVA to operate distribution center for BMW in Poland
  • Tilden, Bloom to receive "Connie" awards
  • Vancouver USA port to slash capital spending in 2009

The Scandinavian Shipping Gazetteweb site
OCTOBER 15, 2008
  • ITF inspected 251 vessels in Baltic Sea
    251 vessels were inspected by joint seafarer/docker/ITF teams in coordinated operations across the ten countries in the Baltic Sea (including Norway) between October 6-10. Five vessel agreements have been signed, four notices of agreement received, and USD 8,276 ...
  • Rem Offshore sells PSV
    Rem Offshore sells the PSV (Platform Supply Vessel) Rem Server to an undisclosed foreign buyer. The price tag is NOK 243,5 million and gives Rem Offshore a booked profit of NOK 80 million. Rem Server, built in 2007 and of ...
  • New Norwegian recycling settlement
    The Norwegian government and the Norwegian Shipowners' Association have agreed on measures to improve safety at recycling plants. ' This is a major step in the work of making the industry environmentally friendly and safe, says Erik Solheim, Minister of the ...

The Bunker Bulletinweb site
OCTOBER 15, 2008
  • Hess launch carbon neutral program
    C-Neutral to meet energy solutions demands as industry faces growing pressures.
  • Shipping has 'urgent need' to reduce CO2 emissions
    CEO of Shell Marine Products says shipping could 'halve' its energy consumption.
  • Global bunker market report
  • Gas-to-liquids bunker fuel reduces harmful emissions
    CEO of Shell Marine Products says tests confirm the benefits of gas-to-liquids gasoil.
  • Ship manager says ECAs 'create more emissions'
    'Erratic availability' of low-sulphur fuel leads to wasteful burning of high-sulphur fuel.
  • K-Line sees big savings from slowing down
    Bunker fuel's share of operational costs has increased sharply in the past year.
  • Bunker industry should prepare for 'painful cycle'
    'Na've' to think industry will escape impact of the 'financial meltdown', says Chemoil chief.
  • Rotterdam barge market firm
  • Bunker prices resume downward slide
    Asian bunker markets weakening as crude oil price falls.
  • 'Irrefutable' bunker measurement tool launched
    Technology said to guarantee fuel oil quantity delivered.
  • Bunker industry faces credit challenges
    Keynote speakers at SIBCON 2008 address the challenge faced by the industry in the current economic environment.
  • Singapore reveals new national bunker standard
    First standard in the world for bunker suppliers and surveyors.

›››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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