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23 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
October 23, 2009
The Business Timesweb site
Shipping News
  • Marine insurers' loss ratio seen spiking in 2009
    Marine insurers' claims losses relative to total earned premiums are set to soar in 2009 because of piracy and the slump in global trade values, the International Union of Marine Insurance (IUMI) said.
  • Ships, planes should cut emissions: EU
    The European Union has proposed that the shipping and airline industries reduce greenhouse gas emissions by as much as 20 per cent over the next decade as part of any new United Nations accord to fight global warming.
  • Piracy: China mulls military rescue
    China has not ruled out military action to rescue the crew of a coal ship hijacked by Somali pirates, although it is also pursuing negotiations, a Chinese military spokesman said yesterday.

Sched Netweb site
  • Full-year US imports hit five-year low at 1.7 million TEU
  • Hong Kong August exports fall 16pc, imports down 7.4pc
  • Maersk adds Agadir, Helsingborg to Morocco-north Europe service
  • China box ports register strong growth in September
  • PIL, Wan Hai to buy slots from Cosco on Asia-Europe service
  • Battered Tacoma port chief Tim Farrell steps down
  • New South African carrier to enter foray in December
  • Executive Council okays Hong Kong-Guangzhou rapid rail
  • Continental posts US$18 million third quarter loss
  • FedEx noon delivery gets items to Shanghai 6 hours sooner
  • Yantai launches first all-cargo flight to Europe

Exim Indiaweb site
  • High inland transport costs making iron ore exports dearer, says Dr Jose Paul
  • Shipping horizon brightening
  • Baltic Exchange's sea freight index rises after 2 months
  • ShipServ strengthens ties with ISSA for benefit of maritime suppliers
  • DB Schenker joins INTTRA to develop eInvoice platform
  • Allcargo organises seminar on safe freight packaging in Chennai
  • Duty-free sugar import allowed till Dec. 2010
  • Edible oil flooding in
  • Mandatory catch certification deadline may land seafood exporters in hot water
  • MPEDA & SEAI to hold seafood fair in Feb. 2010
  • Exim Bank extends $ 100-m LoC for Syria
  • Dumping duty sought on Chinese power gear
  • Fieo chief seeks sops to take shine off Chinese goods
  • Despite slowdown, Singapore port thrives on bunker sales
  • September slump leaves Los Angeles, Long Beach ports in the dumps
  • E.Coast Rly zips past H1 cargo target
  • Appetite for investments back, finds survey
  • Textile Ministry eyes European FDI
  • Meet at BCC&I on IFRS today

International Transport Journalweb site
OCTOBER 21, 2009
  • London Gatwick airport sold, new runway expected
    BAA has sold London Gatwick airport for GBP 1.5 billion to Global Infrastructure Partners, an investment fund that also owns London City Airport, according to British media reports...
  • Evergreen Line adjusts Far East-Europe rates
    Evergreen Line is set to restore westbound rates between the Far East/Indian Subcontinent and Europe/the Mediterranean. Demand has been stronger than anticipated here in October an...
  • Fellestransport and Greencarrier Norway to merge activities
    Norwegian freight forwarder Fellestransport is set to merge its activities with Greencarrier Norway and trade under the Greencarrier name from 1 November. All Fellestransport staff...
  • New Leica and Geodis Logistics partnership in Germany
    The German company Leica Camera is set to start storing its entire range of products centrally with logistics service provider Geodis Logistics from next month. Geodis Logistics wi...
  • LGI attains AEO-F certification
    The German logistics service provider LGI Logistics Group International, which is part of the Willi-Betz group, says it has become one of the first logistics service providers in G...
  • Kazakhstan and Turkmenistan establishing new rail tracks
    Kazakhstan has started building a new railway line along the eastern shore of the Caspian Sea, which will create additional direct links between Kazakhstan and central Russian regi...
  • DCT Gdansk improves throughput
    The Deepwater Container Terminal Gdansk (Poland) celebrated its second anniversary on 1 October. The centre has been able to continuously improve its throughput figures so far. It ...

Maritime Global Netweb site
OCTOBER 22, 2009
  • Pirates hijack handy bulker
  • LR benefits from currency deals
  • Shipping key source of HK air pollution
  • Evergreen takes Norasia slots

Marine Logweb site
  • Pirates seize another bulker

World Wide Shipperweb site
OCTOBER 22, 2009
  • Flood woes have Port of Seattle declaring emergency for Sea-Tac Airport
  • The New World Alliance carriers plan changes in Transatlantic trades
  • Shipper pleads guilty in pollution discharge case
  • Monthly Port Tracker report pushes 2009 box predition up
  • Crowley taps EZ Shipping as liner agent in Tortola

Lloyd's Listweb site
OCTOBER 22, 2009
  • Contenemar teetering on edge of collapse
    Group is plagued by a litany of problems over unpaid bills believed to run into tens of millions of euros
  • Economou eyes up opportunities outside dry bulk
    Keeping a watch on tanker and container sectors
  • Ignazio Messina to install armed guards on vessels
    Move follows attacks on two of the company's vessels
  • Nerion emerges as lifeline for Hellenic Yards
    Notifies stock exchange of interest in ailing shipbuilder
  • DnB Nor warns on loan write downs
    Outlook for shipping sector remains hazy

Fairplayweb site
OCTOBER 22, 2009
  • Freed captain wants payout
    A CROATIAN master who spent 17 months in a Greek prison will seek compensation from Athens for wrongful imprisonment, his lawyer said today
  • Bulker hijacked off Seychelles
    SOMALI pirates were repulsed in one attack, but other attackers succeeded in a second this morning
  • Japan ship exports at a trickle
    JAPAN'S shipbuilders signed contracts for just six ships for export in September
  • Pressure mounts in Philly
    AMERICAN Shipping, the owner of tankers built at Aker Philadelphia, has cited progress in efforts to finance two shuttle tanker newbuildings
  • Air attack on spill off Galveston
    AIRCRAFT were deployed today to spread dispersants over a Gulf of Mexico oil slick from a tanker leak 40 miles off Galveston

The Journal of Commerceweb site
OCTOBER 22, 2009
  • Maersk to Stay in Charleston
  • Supply Chain Plans 'Coming Off Shelf': ProLogis
  • BNSF Nets $488 Million, Down 30 Percent
  • Speed Up FAST Lanes at Border, Trucker Tells Congress
  • Transport Industry Eyes Academic Research
  • Port of Long Beach Defends ATA Settlement
  • Rail Recovery Slows its Pace in Late October
  • Box Imports Rising Slowly
  • Standard & Poor's Takes Swift Off CreditWatch List
  • Evergreen, CSAV Enter Slot Agreement
  • DOT Just Says No to Medical Marijuana Use
  • Old Dominion Profit Falls 55 Percent
  • Low Demand, Excess Capacity Restrain LTL Pricing
  • FedEx Shifts Shanghai Delivery Schedule
  • AirBridge Cargo Launches Amsterdam-Tokyo Service
  • Leading Economic Index Climbs 1 Percent
  • Freighter Crashes in United Arab Emirates
  • UPS Profit Drops 43 Percent
  • Japan's Trade Surplus Balloons Six-Fold
  • Maersk to Open Logistics Center in Chengdu
  • Union Pacific Profit Falls 26 Percent to $517 Million
  • Planner Urges Infrastructure Development
  • Antwerp Box Traffic Falls 18.4 Percent
  • Knight Profit Slips but Volume Grows
  • United Reduces Losses
  • Forward Air Profit Sinks 69 Percent

Containerisation Internationalweb site
OCTOBER 22, 2009
  • USADA to introduce December GRI
  • APL's Eng calls for 'constructive dialogue'
  • INTTRA engages DB Schenker for eInvoicing
  • Piracy incidents sharply up
  • Santos Brasil installs three gantries despite volume fall

TradeWindsweb site
OCTOBER 22, 2009
  • High interest
    Sovcomflot accountant tells court tanker sale and leaseback deals had effective interest rate four times that of conventional ship finance.
  • Resales cancelled
    Sales of two more Bocimar newbuildings fall through but CMB inks deal to take stake in Seacor-linked barge player.
  • 'Well protected'
    As it reports a slump in third-quarter profits, CMB feels ready to face even weaker bulker market.
  • Geared for slump
    Lloyd's Register logs a 38% jump in income as it prepares to take a hit from newbuilding cancellations and orderbook shrinkage.
  • OSG, Tsakos cut
    Cantor Fitzgerald lowers ratings on two US-listed tanker owners as tanker demand is inadequate to meet supply.
  • Exxon backs out
    SBM Offshore is looking for a new contract for the FPSO Falcon after ExxonMobil arm terminates contract.
  • Tough third
    CSDC warns of a 50% fall in full year profit after its third quarter bottom lines plunges 81%.
  • Jones Act effort
    GulfMark Offshore plans reorganisation to preserve US-citizen status under domestic shipping law.
  • Krymsk crash
    WebTV report shows the aftermath of a collision off Texas that led to a fuel oil spill.
  • Cutting again
    Danish giant Maersk Line chops one Med to south Asia service, as well as the TA3 loop from North America to Europe.
  • Credit constraint
    Sovcomflot finance executive warns that minutes of Russian tanker owner's governing body are false.
  • Drillers beat bets
    Two US rig and drillship owners post profit growth well above Wall Street estimates.
  • Al Khaliq seized
    Indian bulker with 26 crew identified as ship snatched, Italian ro-ro Jolly Rosso escapes.
  • Expanding east
    Phrixos Papachristidis-led Hellspont sets up Singapore wing to focus on offshore officer recruitment and chartering.
  • Keppel short
    Choo Chiau Beng-led shipyard group posts improved third quarter profit but is shy of market expectations.
  • Antwerp falls
    Belgian port handles 19% less cargo in first nine months of 2009.
  • More for MES
    Japanese shipbuilder raises annual profit forecast to 31 March, 2010
  • Losses cut
    Tanker owner American Shipping still hampered by finance costs, but nine-month deficit reduced as fleet grows.
  • Tanker refloated
    SCI products carrier grounded at Haldia in India after trying to avoid oncoming dredger.
  • Med tie-up
    Evergreen strikes slot-exchange deal with Norasia to boost European coverage.
  • Bargain hunt
    Essar boss says he wants to buy a couple of bulkers but won't be rushing into any deals.
  • Subsea splash
    Sven Rong's GC Rieber and a private equity partner plough $35m into a subsea joint venture.
  • Bulker in trouble
    Fears that ship may have fallen into Somali pirate hands on same day Italian ro-ro escapes.
  • Guilty
    Greece's Styga Compania Naviera fined $1m for "magic pipe" oil dumping from tanker Georgios M off the US.
  • Coal ship blocked
    Formosa Plastics bulker laden with coal prevented by activists from leaving Australian port.
  • Offshore to grow
    SCI's Umesh Grover says billions of dollars will be poured into India E&P over next few years.
  • Wartsila wobble
    Engine builder's shares on the ropes after its third quarter figures miss market forecasts.
  • Doubling up
    Singapore-based owner Tata NYK says growing Indian bulker business will help it double its fleet over the next three years.
  • Indian Zest
    Japanese firm Zest Shipmanagement looking to hire more Indian crew, managing director says.
  • Cabotage plea
    SCI's Sabyasachi Hajara says Indian government must do more to guarantee cargo volumes for domestic owners in downturn.
  • Paragon confirms
    Michael Bodouroglou-led bulker owner increases fixed rate coverage for 2010 and 2011 with new charter.
  • Wartsila woes
    Engine builder sees signs of stability as third quarter pre-tax profits are largely unchanged from a year ago.

American Shipperweb site
OCTOBER 22, 2009
  • CSAV, Evergreen swap Asia/Med/Black Sea slots
  • Hapag-Lloyd raises West Med/Montreal rates
  • Wilh. Wilhelmsen issues bond in favorable market
  • UPS profit off 43%
  • Arkansas Best CEO Davidson to retire
  • UP revenues down for all commodities
  • Hub hit by declining revenue
  • C.H. Robinson reports profit increase
  • Hand sanitizer imports clean up
  • OHL hires former Sony supply chain executive
  • Panalpina: Volume way down through 3 quarters
  • Port Tracker: First U.S. imports rise in February

The Scandinavian Shipping Gazetteweb site
OCTOBER 22, 2009
  • Finnlines to start up Ropax service to Rostock
    Finnlines will start up a service to Rostock with Star class Ropax vessels. The ships currently sailing from Helsinki via Gdynia to Travem'nde will instead have Rostock as their German
  • Piracy at historic levels
    A total of 306 piracy incidents were reported to the IMB Piracy Reporting Centre in the first nine months of 2009 ' the figures have already surpassed the total number of
  • EU gets tough on ship dismantling
    The EU environment ministers have adopted the Council's conclusions regarding the Commission Strategy on Ship Recycling. This could lead to a legislative proposal to ensure that ships with a strong
  • EU gives IMO another year
    At the Environment Council meeting in Luxembourg, Greece, Cyprus and Malta convinced the EU Council of Environment ministers to agree that all work on reducing greenhouse gas emissions from shipping

The Bunker Bulletinweb site
OCTOBER 22, 2009
  • Japan's environmental ship of the future
    MOL focus on possibilities of environmental technology in their 10th Environment and Social Report.
  • NOAA system reduces fuel consumption, increases safety
    Providing information on tides and winds on the lower Mississippi River.
  • Bunker prices rebound in Rotterdam
  • Firm prices in Fujairah and Durban
    Weak demand in Fujairah and tight avails seen in Suez.
  • Ample supplies in Fujairah bunker market
    Prices in the Middle East hub competitive against Singapore.
  • Newspaper calls for 'vigilance' against bunker 'black sheep'
    Integrity 'key' to Singapore's bunker success.
  • Gibraltar sees 'surge' in bunker demand
    Volumes up 30% in six months to October.
  • Singapore 380 cSt at one-year high
    Bunker prices in other key Asian were also firming.
  • Shipping giant aims for 20% reduction in fuel use
    Maersk line wants latest target to be met by 2012.
  • Singapore fuel oil stocks at seven-week high
    Stocks of middle distillates, however, fell to a three-week low.
  • Maersk Line removes one of three trans-Atlantic services
    Capacity reductions 'necessary' due to lower demand, senior director says.
  • Aegean Marine gets 'buy' rating
    Analyst believes the company will double its earnings growth in the next two years.
  • 'Virtual Arrival' initiative to cut fuel use and emissions
    Pilot voyages by Maersk and BP saw bunker savings as high as 21.5%.
  • Singapore prepares to accede to AFS Convention
    Anti-Fouling Systems Convention bans TBT.
  • Early 2010 launch for Singapore 380 cSt futures contract
    SGX 'fine-tuning contract mechanisms'.

›››File
FROM THE HOME PAGE
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Last month the Port of Long Beach established its own new historical record of monthly container traffic, while ...
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
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
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› 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
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