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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
October 12, 2009
The Business Timesweb site
Shipping News
  • French marines repel pirates with gunfire
    French marines aboard trawlers in the Indian Ocean fired on pirates to repel a dawn attack last Saturday, as two vessels used in the attack were subsequently captured by Seychelles coastguards, sources said.

Sched Netweb site
  • Guangdong trade value decline narrows again in August
  • Kolkatta shuts port to box ships until congestion cleared
  • Piraeus dock strike induces Athens to rethink Cosco CT deal
  • MOL provides aid to typhoon victims in Luzon
  • NYK disaster relief for Asia Pacific disaster zone
  • Jilin province's trade value falls 24.5 pc in first eight months
  • Auckland box volume up 7pc in July-September quarter
  • Panalpina bags Asia-Germany 1,000-TEU Giochi Preziosi deal
  • South Carolina ports authority hopes to lure Maersk back
  • Air France-KLM to cut cargo capacity 40pc, end Shanghai run
  • Nanning to launch cross-strait service via Macau
  • United Airlines prepares bid for US$659 million financing

Exim Indiaweb site
  • Softlink's Logi-Sys being increasingly adopted by air & sea logistics players
  • GE Shipping contracts to sell a Suezmax crude carrier
  • NATO alerts India to possible Qaeda-backed Somali pirate attacks
  • Doubts surface about efficacy of Energy Efficiency Design Index at shipping meet
  • Excellence & high standards honoured at awards fete
  • Essar Group likely to hive off shipping division
  • Oilmeal exports up by 19 pc in Sept.
  • Border trade at brisk pace
  • ECGC imposes ceiling on credit risk cover for US market
  • Eden channel being considered as viable alternative solution to Haldia's woes
  • CoPT & IWAI sign MoU to operate ro-ro/lo-lo barges between Willingdon & Vallarpadam ICTT
  • Last girder installed on India's longest bridge at Vallarpadam
  • Boeing, Airbus churn out more jets despite downturn
  • Emirates Sky Cargo launches Dubai-Durban service
  • Giant leap for textile sector predicted
  • Govt profligacy bloats fiscal deficit
  • IMC to open office in Belgium

International Transport Journalweb site
OCTOBER 8, 2009
  • Lloyd Fonds AG offers more security on investments
    Lloyd Fonds AG, a leading German initiator of closed-end funds and other structured investment products based in Hamburg, is offering more security on secondary market funds. ...
  • Shipping industry updates flag state performance table
    The Round Table of international associations (Bimco, International Chamber of Shipping/International Shipping Federation, Intercargo and Intertanko) have published their latest "S...
  • New logistics centre near Minsk
    The Belgian investment firm AOI NV (Antwerpse Ontwikkelings en Investeringsmaatschappij NV) will invest USD 300 million in the construction of a multifunctional logistics cent...
  • Science to Business GmbH applies for kanban patent
    LOGIS.NET, a centre of excellence for transport and logistics in the Weser-Ems regional innovations strategy of Science to Business GmbH of the University of Applied Scie...
  • Weko supports expansion of Post monopoly
    Switzerland's competition commission (Weko) has approved the merging of the early delivery operations of Swiss Post, the NZZ group and Tamedia. This hands a new monopoly to th...
  • Maersk Line launches service to Petrolesport
    Maersk Line has included OJSC Petrolesport (a Global Ports Investments Plc company) in its service schedule. PLP has become the second stevedoring company in the Bolshoy port of Sa...
  • Mitsui OSK Lines to apply Europe-Asia peak-season surcharge
    Mitsui OSK Lines will apply a peak-season bill of lading surcharge for all shipments from Europe and the Mediterranean to Asia for all equipment types. The USD 100/teu surchar...
  • KLM's 90th Anniversary
    KLM is celebrating its 90th anniversary. KLM Royal Dutch Airlines was founded on 7 October 1919 for the Netherlands and its colonies. KLM is the oldest airline in the world still o...
  • David Albaiceta is new general manager Asia-Pacific at Lufthansa Cargo Charter
    The charter experts in the Lufthansa Cargo group have found a genuine all-rounder to replace Eric Erbacher as general manger in Asia. David Albaiceta, a Spanish national who speaks...

Maritime Global Netweb site
OCTOBER 9, 2009
  • Rotterdam joins call for 80% CO2 cut by 2050
  • GSCC slams ministry loss
  • Emissions study: reefer containers worse than ships
  • Mystery products tanker found on fire off Cameroon

Marine Logweb site
OCTOBER 11, 2009
  • Title XI loan guarantees or Canal Barge
  • Derecktor launches LNG escort tug

World Wide Shipperweb site
OCTOBER 9, 2009
  • Cocaine smugglers nabbed at Seattle-Tacoma Airport
  • AAPA set to honor ports/executives at convention
  • MarAd guarantees loans for New Orleans barge firm
  • Washington State Ferries wins grant to lower vessel engine pollution levels
  • Labor Day holiday hits weekly rail freight numbers

Lloyd's Listweb site
OCTOBER 9, 2009
  • Vale agrees to tender VLOCs in Brazil
    MINING giant Vale plans to order an unspecified number of very large ore carriers in Brazil.
  • Lula urges Vale to look to home market
  • EU ferry compensation plan opposed
    PROPOSAL could bankrupt small companies.
  • Somalia fails to get bulk of piracy aid
    LESS than one third of the aid pledged by international donors six months ago to boost security and fight piracy has been received.
  • Battistello defends Contship management of Medcenter terminal
    CECILIA Battistello responds to stinging criticism from union.
  • London Greeks unhappy with shipping ministry shake-up
    LOSS of Ministry of Merchant Marine is a great loss to the community.

Fairplayweb site
OCTOBER 9, 2009
  • Clipper rejects tax allegations
    DENMARK'S Clipper Group today firmly denied paying bonuses into offshore accounts for up to 50 staff to avoid paying tax
  • ABG fully complied with tax laws
    ABG Shipyard of India has asserted that it has fully complied with income tax laws
  • Angola snubs US for LNG exports
    ANGOLA is looking for new LNG export markets as prices in the US continue to fall
  • Laeisz firm despite Wadan pressure
    TENSION between German owner Reederei F Laeisz and the administrator of insolvent Wadan Yards over two container ship newbuildings is growing
  • Storms will generate rice imports
    PHILIPPINE agriculture officials have predicted the country will need to increase rice imports to 2M tonnes next year
  • Tanker charterers maintain pressure
    TANKER charterers maintained the downward pressure on VLCC tanker rates this week
  • Klaveness stays loyal to Philippines
    NORWEGIAN dry bulk shipping company TKG is to continue with Filipino seafarers on its vessels as the company looks to an upturn in the sector

The Journal of Commerceweb site
OCTOBER 9, 2009
  • Boxes Pile up in Strike-Bound Piraeus
  • NY/NJ Names Director of Aviation
  • Express-1 Acquires Forwarder LRG
  • Lobbyist Opposes White House Ban
  • Seaway Tonnage Slumps
  • Semi-submersible Vessel Loads Lift Boats at Freeport
  • Gal-Tex Pilot Commission Schedules Hearings
  • Trade Gap Narrows as Oil Demand Falls
  • Small Railroad Traffic Firms
  • Lufthansa Cargo Traffic Drops 8.5 Percent in September
  • Carriers Battling For Survival, Official Warns
  • YRC Reimer Closes Edmonton Terminal
  • Daimler Trucks Sees 'Slight' Sales Improvement
  • New Rail Yard Closer to Reality at Port of Beaumont
  • FedEx Economist Predicts Strong Recovery

Containerisation Internationalweb site
OCTOBER 9, 2009
  • Shipping is still a risk business
    Since September 1, a remarkable eight tropical cyclones have hit the Western Pacific; five of which became typhoons, with two reaching Super Typhoon status. The storms have hit late in the season, and tragically the latest, Typhoon Parma, claimed the lives of 11 seafarers early this week when a feedership was engulfed and sent to its watery grave.
  • Rumours continue over CMA CGM
  • Antwerp builds on Chinese ambitions
  • Indian ports on the recovery path?
  • Hapag-Lloyd gets cash from shareholders
  • Drewry says market has 'bottomed out'

TradeWindsweb site
OCTOBER 9, 2009
  • Energy Star sold
    Japanese-controlled panamax said to have fetched comparatively low $29.5m from Greek buyers, possibly Safety Management.
  • Trico after $400m
    Norwegian unit of Trico Marine Services prepares to issue $400m in notes to pay existing debt.
  • Give in
    Evangelos Marinakis says Chinese and Korean shipyards must bite the bullet and allow newbuilding order cancellations.
  • Miner eyes local
    Roger Agnelli-led Vale says it has launched a tender process with domestic shipyards to potentially build bulkers in Brazil
  • 'Nothing sinister'
    Clipper Group executive says company "very upset" about being associated with tax dodging probe.
  • Notes priced
    Hercules Offshore prices $300m senior secured notes at 97.4% of principal amount.
  • Driller gets loan
    Brazil's Odebrecht Oil and Gas earns $1.5bn line of credit to build two drillships for Petrobras.
  • Chemoil faces loss
    Red ink on the way in the third quarter for Singapore-listed tanker and bunker player, warns CEO Mike Bandy.
  • Greek tragedy?
    Shipping body laments axing of Greek marine ministry but Capt Panayiotis Tsakos spies a plus side.
  • Saved by sale
    India's Chowgule Steamships posts higher six-month profit due to offloading 1995-built bulker.
  • TOPS suit settled
    Lawsuit over $1.8bn Texas Offshore Port System settled, sending Oiltanking to find new investors.
  • No tax tricks
    India's ABG Shipyard dismisses accusations of tax evasion as it confirms raids at offices and "officials' premises".
  • Ready and waiting
    The question of what constitutes valid notice of readiness is back in court in a dispute over a VLCC chartered to a John Fredriksen linked company.
  • Kolkata shuts
    Indian port will not handle boxships until 17 October due to congestion and equipment breakdowns.
  • 'Shore spillage'
    International Andromeda Shipping official says the company's chemical tanker is not responsible for an oil spill of Brazil.
  • Crew pay shame
    Union seeks back pay for crew stranded in Liverpool after Norwegian owner goes bust.
  • Gard in Rita win
    London to host Gulf of Mexico hurricane damage fight between Norwegian marine insurance group and Swiss reinsurer.
  • HH cuts by half
    Swedish ferry company to shed 100 of 200 jobs as freight volumes fall.
  • Greener reefers?
    New Zealand study claims boxships emit 27% more greenhouse gases than reefers.
  • It's quotes time
    Sergey involved in some Frank exchanges in a London court while capesize rates get cursed.
  • Pipavav falls
    Initial momentum fades as Indian shipbuilder makes trading debut in Mumbai.
  • New5 in Numb3rs
    Nobu Su and AP Moller-Maersk are shedding tankers and Bertram Rickmers is chasing VLOC newbuilding switch.
  • Essar eyes sale
    Indian group could offer shares in shipping and oil businesses as part of global expansion.
  • PD to go
    UK ports company to be bought by Canada's Brookfield to ease Babcock & Brown's debt.
  • Half must go
    RS Platou's Bjorn Bodding says 50% of dry-cargo newbuildings need to be axed to balance market.
  • Laker leaks
    One crewman reportedly injured as elderly bulker takes on water in Ohio Great Lakes port.
  • Cash for clunkers
    Andreas Sohmen-Pao backs idea of bunker levy to encourage green scrapping and help industry.
  • Greek ro-ro sinks
    Veteran vessel goes down in Aegean after collision with bulker, killing one crewman.
  • Vipco surges
    Vietnamese tanker owner's shares reach 17-month high after profits rise to end-September.
  • No-go
    Australian passenger/livestock ro-ro stays put in pay dispute with crew.
  • Down on cruise
    Moody's predicts another tough year for the industry, but expects improvements from 2011.
  • Two missing
    Search on for crew after cargoship sinks in storm off Indonesia.
  • Watch out!
    Ships warned after explosives-filled containers fall from vessel off Papua New Guinea.
  • Added incentive
    US west coast port of Long Beach offers help to encourage extra containers through terminals.

American Shipperweb site
OCTOBER 9, 2009
  • TUI provides update on Hapag-Lloyd financing
  • MSC to add inland pickup charge for Midwest exports
  • Coalition aims to modernize CBP detention, seizure laws
  • Port of Seattle closes overseas offices
  • BPA details port fee rates
  • Fourth JNPT terminal bid process scrapped

The Scandinavian Shipping Gazetteweb site
OCTOBER 9, 2009
  • Clipper staff in tax trouble
    The Danish tax authorities have caught a number of people employed by the Clipper Group in Copenhagen in an action against Danes with money in tax shelters around the world
  • Arctic Sea anchored off Gibraltar
    According to Russian prosecutors the controversial cargo ship Arctic Sea is anchored off Gibraltar. They dismiss earlier information alleging the ship was under escort to Algeria by the Russian frigate d

The Bunker Bulletinweb site
OCTOBER 9, 2009
  • Houston sees a wide spread in prices
    Most players up across the board but one supplier offering below market average.
  • Microbes to clean up oil spills
    Paradip port use new technology to reduce environmental threat.
  • Bunker prices end week firm in Rotterdam
    Crude oil sees losses on NYMEX.
  • Aegean ready to boost Trinidad operation
    Says its bunker sales in the Caribbean region have held up well during global slowdown.
  • Bunker prices firming in Fujairah
    But South Africa sees IFO prices slip.
  • Shipping group fighting to avoid collapse
    Bunker suppliers report late payments.
  • President lays foundation stone for bunker project
    Sri Lankan Chamber of Commerce says new port could become one of the 'greatest in the world'.
  • Bunker Holding announces new Chief Accountant
  • Doubts raised on CMA CGM
    Auditors question the liner's ability to continue as a 'going concern'.
  • Cruise lines to remain under pressure
    Moody's says lower bunker costs are 'one of the few bright spots'.
  • Bunker prices soar in Japan
    Bunker prices in key Asian ports generally firming.
  • Bunkering operations resume in Tokyo
    Typhoon Melor passed Tokyo Bay on Thursday night.
  • Fujairah fuel oil supplies remain tight
    Imports from India and Saudi Arabia 'not enough' to meet demand.
  • TUI 'restructures' Hapag loan
    Restructuring will meet federal government's conditions for state aid.
  • Busan offers new incentive to container lines
    Authority offers one-year 'grace period' on payment of port fees.
  • Oil tanker capsizes and catches fire
    Tanker had delivered 14,000 litres of fuel before the accident.
  • 'Fuel efficient' system to be marketed in Indonesia
    Neftech's fuel emulsification technology can cut fuel consumption 'by some 10%'.

›››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%)
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
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
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