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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:51 GMT+1
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BRIEFS
August 20, 2009
The Business Timesweb site
Shipping News
  • Baltic Exchange gets nod for FFA screen
    A majority of sea freight market users support the Baltic Exchange's move to set up a central trading screen for forward freight agreements (FFAs), a survey canvassed among industry players found.
  • Tanker burns after collision off M'sia
    A tanker with 58,000 tonnes of naphtha that was involved in a collision with a cargo ship in the Strait of Malacca was still on fire yesterday afternoon, although the risk of a spill was small, Malaysian officials said.
  • Qatar Shipping to buy companies, ships in 2009-10
    Qatar Shipping Co (Qship), which is merging with Qatar Navigation, plans to take advantage of falling prices in the maritime sector to buy ships and companies over the next 18 months.
  • Ships stranded on Chinese river to be dispersed
  • M'sian sub makes India port call
  • Work on Panama Canal expansion begins

Sched Netweb site
  • Cosco hikes rates, levies re-positioning and peak season charges
  • APL to start new transpacific service, the TP5
  • UASC reshuffles Asia Europe with rate hikes, surcharges
  • Shenzhen's CCT attracts CSAV's Indus weekly service
  • Shenzhen relief supplies sent via YICT to aid Taiwan typhoon victims
  • Asia-to-Hamburg boxes fall 25pc, but India-Hamburg only down 5pc
  • Jilin province sees half-year trade value down 27pc
  • Maersk breaks US free-of-charge tradition, levies US$11 a day per truck chassis
  • Prince Rupert customs innovation speeds up container checks
  • Mystery clouds Arctic Sea recovery off West Africa
  • New Zealand's Timaru port faces job losses new boxes found
  • Cargotec re-names business areas after merging Hiab and Kalmar
  • Qantas full year profit down 87pc to US$148 million
  • Towne Air Freight acquires Texas Land and Air truckers
  • World Routes 2009 conference in Beijing September 13-15

International Transport Journalweb site
AUGUST 18, 2009
  • New study hits global air cargo security
    There are serious security shortcomings in international air cargo transportation and the controls around it, according to a new report from the International Transfer Center for L...
  • A counter-piracy and ship security conference in Dubai, 6-9 December
    A brand new conference designed to offer strategies and solutions for ship owners and operators, coast guards, navies and governments to tackle the worrying rise in maritime piracy...
  • Iata remains pessimistic
    Freight rates were likely to be under further downward pressure in June as excess capacity in almost all international markets grew last month. The freight load factor was down by&...
  • Panalpina lands Thomson Mexico contract
    The Basel (Switzerland)-based forwarding and logistics service provider Panalpina has been selected to be the official logistics provider in Mexico for Thomson Premises Connec...
  • Gefco phases in new location in Hamburg
    Germany's national subsidiary of the French logistics service provider Gefco phased in a new branch office in Hamburg-Harburg in mid-August. Gefco gave up its previous location in ...
  • Agility Fairs & Events wins first ISO certification for visual and fine arts industry in Singapore
    Agility Fairs & Events is the first logistics company in Singapore and Asia to be ISO-certified specifically for the visual and fine arts business. The certification recognizes Agi...
  • Study predicts 3% growth for German freight traffic in 2010
    Intraplan Consult has presented a sliding forecast for the medium term development of German freight and passenger traffic. Freight movements in the year 2009 a...
  • Shipping Australia releases historic breakbulk shipping study
    Shipping Australia Ltd has published a detailed study of Australia's breakbulk shipping sector. The paper highlights the industry's important contribution to th...
  • Middlesbrough retailer moves to Teesport
    In the UK, a partnership between two of the Tees Valley's most recognisable names has exceeded all expectations this year after switching operations from the south of England....

Maritime Global Netweb site
AUGUST 19, 2009
  • Nine missing in tanker blaze
  • Liberian Registry's anti-piracy training
  • Small spill as old tug sinks in SF bay
  • Fire on Maltese-flag cruiseship

Marine Logweb site
AUGUST 19, 2009
  • Liberia launches computer-based antipiracy training
  • USMMA names Fell Commandant of Midshipmen
  • More details of Arctic Sea case emerge

World Wide Shipperweb site
AUGUST 19, 2009
  • Commerce Secretary to announce ARRA funding for maritime projects
  • Corps closing Ballard locks for salmon structure inspection
  • Coast Guard cutter recovers sonobuoy while on Arctic duty
  • Panama Canal Authority puts expansion plans in motion
  • General Dynamics NASSCO launches new Navy supply ship

Lloyd's Listweb site
AUGUST 19, 2009
  • Salvors battle product tanker blaze
    UPDATE: NINE seafarers still missing as salvors battled a blaze on a Formasa Plastics product tanker. FIRST pictures from blaze.
  • Q-Ship in expansive mood
    QATAR Shipping is planning to take advantage of falling asset prices and distressed vessel sales to expand its fleet over the next 18 months.
  • FreeSeas eyes more handysizes at discount prices
    FREESEAS hails purchase of the Free Neptune as a pivotal moment and eyes further possible acquisitions.
  • Anchor clue to Full City casualty
    VESSEL's anchor had broken into three parts after being deployed, investigators say.
  • Lloyds Fonds asks for repayments to be returned
    KG financier demands investors money without which two one-ship firms will have to file for bankruptcy.

Fairplayweb site
AUGUST 19, 2009
  • Catching up with rustbuckets
    SCRAPPING numbers for box ships this year are 10 times the historical average, the Paris-based consultancy Alphaliner told Fairplay today
  • Georgia said to sentence captain
    GEORGIA reportedly today sentenced the captain of a detained Turkish tanker that was seized en route to the breakaway republic of Abkhazia
  • CSAV renegotiates orderbook
    THE BOARD of Chilean liner CSAV has approved its newbuilding programme's restructuring
  • Warsaw lures EU port windfall
    POLAND expects to spend $1.24Bn on modernising ports before 2013, largely as a result of EU aid, a report said today
  • StatoilHydro shuts LNG plant
    NORWAY'S StatoilHydro has shut down its key LNG plant for three months, IHS Global Insight reported today
  • Serb tycoon sniffs Croatian yards
    SERBIA'S richest man Philip Zepter today declared an interest in buying three of Croatia's shipyards, local media reported

The Journal of Commerceweb site
AUGUST 19, 2009
  • Chicago Trims Freight Rail Plan
  • Penske to Sell Used Trucks on eBay
  • Airlines Sign Synthetic Fuels Pact
  • USPS, FedEx Renew Global Express Guaranteed
  • Coal Leads Plunge in Great Lakes Volume
  • Qantas Freight Revenue Falls 20 Percent
  • LaHood Touts Jobs from Transport Stimulus
  • Intermodal Takes Share from Trucking
  • Australia Sues Emirates for Price Fixing
  • CMA CGM Boosts Asia-Europe-Mediterranean Rates
  • Container Ship Orders Hit Four-Year Low
  • Prince Rupert Container Volume Surges 124 Percent
  • Trans-Pacific Spot Rate Climbs Another 5.5 Percent
  • Maersk Expected to Post First Half Loss
  • Lufthansa to Launch Frankfurt-Seattle Freighter
  • Ag Exporters Praise Seattle's Clean-Truck Plan

Containerisation Internationalweb site
AUGUST 19, 2009
  • Veracruz plans to triple cargo-handling capacity
  • Jury out on Maersk chassis pool success
  • IMF: 'The recovery has started'
  • PANYNJ requests review of harbour trucking oversight
  • CMA CGM ask for more from India/PAK - Europe shippers

TradeWindsweb site
AUGUST 19, 2009
  • No need to rush
    Carsten Mortensen says Norden has passed on distressed assets as it is in no hurry to dig into its $800m cash pile.
  • Dof two renewed
    Norwegian offshore vessel owner's Brazilian outfit, Norskan, bags charter renewals with Petrobras for AHTS pair.
  • Looking abroad
    Ten domestic yards and nine from abroad are invited to bid for contracts for eight LPG carriers for Sergio Machado-led Transpetro.
  • Metrostar sells
    Greek owner sheds yet more suezmax tonnage with sale of two tankers to Libya's GNMTC.
  • Ship 'was lost'
    As Arctic Sea mystery deepens, Finland says investigators had no idea where ship was "for a while".
  • Four-year fix
    Norden scoops handymax COA to carry salt from Chile to US east coast.
  • KPMI cut
    Keppel's Philippines shipyard operation suffers profit drop as work dries up in Cebu.
  • Downsizing
    Chile's CSAV delays boxship order at Samsung, adding fifth vessel but cutting capacity considerably.
  • Tanked up
    Malaysia's MISC teams with Vitol to build and run new tank terminal in Johor.
  • CMES slashed
    Profit and turnover plunges at Chinese tanker and bulker owner in first half.
  • SBM stronger
    Amsterdam listed FPSO owner books 12% rise in first half profit.
  • Malacca mayhem
    Formosa Plastic LR1 in collision with bulker in vital Asian waterway: nine crew still missing.
  • Norden falls short
    Carsten Mortensen-led owner's second quarter operating profit lands just shy of estimates as tanker unit bleeds red ink.
  • Scrap resistant
    CSCL leads the boxship lay-up league having held on to all its owned ships during the downturn.
  • Dof guns two
    Steve Brown's Dof Subsea kills off two more Tebma newbuildings.
  • Reliance to sell?
    Indian group looking for partner in huge Rewas port project by selling stake.
  • Losses widen
    FPSO player Aker Floating Production hit by shutdown of only working unit in first six months.
  • Cruiseship blaze
    Panicking passengers jump into the water in Stockholm after Pullmantur vessel suffers fire.
  • Wreck identified
    New Zealand Navy positively identifies Princess Ashika off Tonga with 93 bodies thought inside.
  • Tanker targeted
    Singapore-registered product carrier anchored near lay-up area off Johor is attacked by trio of robbers.
  • FreeSeas falters
    Second quarter profits at Ion Varouxakis-led bulker owner largely evaporate due to costs and low rates.
  • Q-Ship poised
    Qatar owner may be about to capitalise on low ship prices with buying spree.
  • Thoresen coal play
    Thai shipowner takes stake in Philippines coal company with view to boosting cargo volumes.
  • Global turns red
    Malaysian shipowner sees profits deteriorate in the second quarter due to lower revenues and higher costs.
  • Marad's millions
    US maritime administration awards $98m to 70 shipyards as part of stimulus package.
  • NOL still weak
    Singapore liner operator reports another trading period of substantial declines in revenues per feu.

American Shipperweb site
AUGUST 19, 2009
  • China Shipping the most active idler of ships
  • MarAd issues stimulus grants for shipyards
  • Teamsters will revote on concessions at YRCW unit
  • WTO finds against U.S. in "zeroing" case
  • N.C., Texas shippers fined for U.S. export violations
  • Kitchen racks from China hurt U.S. makers
  • Ag shippers lobby Seattle on port trucks
  • Charleston container volumes down for 3rd year
  • Gulfport receives $3.1 million to repair Katrina damage

The Scandinavian Shipping Gazetteweb site
AUGUST 19, 2009
  • Russian dock workers win in European Court of Human Rights
    The European Court of Human Rights has decided that the Russian state must pay EUR 2,500 per person to 32 dock workers in Kaliningrad. The case came before the court
  • Three Danish corvettes decommissioned
    The Danish Navy has decommissioned the three Niels Juel-class corvettes after almost 30 years of service. The three units are the Niels Juel, built in 1979, the Olfert Fischer
  • Denmark and Kenya in piracy agreement
    The Danish Ministry of Foreign Affairs has signed a bilateral agreement with Kenya. The East African country will prosecute captured pirates of Somali origin according to international standard of law
  • NATO assists African states in combating piracy
    NATO has launched a new anti-piracy strategy off the Horn of Africa, called Operation Ocean Shield, which applies a 'more comprehensive approach' to anti-piracy efforts. "While at-sea

The Bunker Bulletinweb site
AUGUST 19, 2009
  • Bunker prices mixed in North Europe
    Congestion in Rotterdam.
  • Oil storage terminal for southern Malaysia
    Vitol and MISC form joint venture. Space will be set aside for fuel oil.
  • Lukoil to expand low-sulphur fuel supply next year
    LSFO should be available at ports in Bulgaria following major refinery turnaround.
  • Strong fuel oil price rally expected to continue
    The $70 pivot in WTI crude proving too much of a magnet for the bears.
  • Crude stronger after bullish US oil data
    Government data show unexpectedly large draw in US oil inventories.
  • Fuel oil cargoes could be diverted to Middle East
    Strong regional demand could pull arbitrage volumes away from Asian markets.
  • IMO plans expansion of sulphur monitoring programme
    Wants all marine fuel grades to be included, not just residual fuel oil.
  • Shipping is 'easy target' for prosecution
    Consultant says 'no downside' to sending foreign seafarers to jail.
  • Asian bunker prices up following crude gains
    Bunker prices rise after the highest one-day crude oil gain in August.
  • Brisbane bunker barge to resume service
    Supplier says bunker supplies are 'not affected' by barge maintenance.
  • Tanker on fire after colliding with bulk carrier
    Malaysian authorities respond to rescue missing crew and contain a possible oil spill.
  • Sinopec completes Addax acquisition
    Deal is Sinopec's 'largest' foreign oil acquisition.
  • Hong Kong July box volumes up 7.7%
    Year-on-year volumes, however, fell 14.5%.
  • PetroChina increases stake in SPC
    It has received acceptance of a majority of the remaining shares in SPC.
  • Four more newbuilds for bunker supplier
    Company source confirms that order is for chemical tankers.
  • PetroChina and ExxonMobil sign $41 billion deal
    PetroChina set to be largest buyer of LNG from Australia's Gorgon gas fields.

›››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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