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Independent journal on economy and transport policy
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BRIEFS
October 26, 2010
The Business Timesweb site
Shipping News
  • Minimum wage for crew plan raises concern
    The Asian Shipowners' Forum (ASF) Seafarers Committee has expressed concern at a proposal by the International Transport Workers' Federation (ITF) to set minimum wages for crew of national flag vessels.
  • Supertankers face stretch of low rates
    Supertanker owners are facing the longest stretch of unprofitable rates in 17 years as the supply of new vessels increases nine times faster than demand for oil.
  • Shipbuilding firm STX Europe wins big order
    Shipbuilding company STX Europe announced yesterday a big order for a giant cruise ferry which will keep activity alive in a Finnish yard with an empty order book by providing work for about 2,600 people.
  • Hong Kong's key ports reopen after typhoon miss
  • DP World upbeat about H2 results

Sched Netweb site
  • DP World's 14pc quarterly growth back to 2008 peak levels
  • Rotterdam box volume up 17pc - back to pre-recession levels
  • Hamburg Sud, Alianca pledge low-sulphur fuel use in Hong Kong
  • APL vows to use low-sulphur fuel in New York, New Jersey
  • China's quarterly rail cargo up 12.1pc to 2.72 billion tonnes
  • Horizon posts lower quarterly profit but slightly higher revenue
  • Lawyer advises Somalia blockade, but Maersk doubts it would work
  • Ukrtranscontainer to resume at Illichivsk if court order obeyed
  • Old Dominion expands its China money-back service
  • Tianjin Consol completes logistics on UN Climate Change Conference
  • Study: EU limits on trailer height would disrupt UK trucking
  • Dachser opens new logistics centre in Copenhagen
  • Union Pacific Railroad opens Joliet Intermodal Terminal
  • Charleston sees diverting west coast boxes through Panama
  • NYK goes daily with Duisburg-Rotterdam intermodal block trains
  • Air cargo to fuel Russian prosperity: Volga-Dnepr chief
  • DHL widens Europe, Asia Pacific, Mideast express services
  • Hawaii air cargo up 13pc, returning to pre-recession levels

Exim Indiaweb site
  • ...levies Amazon low-water fee, after cutting loads by nearly 50 pc
  • ...starts Vietnam direct call
  • China retains No. 3 spot as shipbuilder
  • CMA CGM upgrades Victory Bridge service
  • Coscon to hike Far East-South America rates
  • CSAV up from 16th to 7th place in global rankings
  • DP WORLD to double Sokhna port's box operations
  • Hanjin increases Africa coverage with slot buys on "K" Line-PIL's Asia-Cape loop
  • Hapag-Lloyd to hike Oz rates
  • Improved training, professionalism seen as imperatives for marine surveyors
  • Kenya invites bids for building new port
  • Maersk & Safmarine to set up intra-European, short-haul carrier
  • MAERSK LINE adjusts capacity in Asia-Europe service network
  • NOL Group reports $ 282 million Q3 profit
  • TCC transpacific Great Dragon service to add Qingdao
  • WCA Family & CIFA to 'bring world to Africa
  • Zim, Hapag-Lloyd & MOL in slot exchange on N. Europe-W. Africa trades
  • MPSEZL posts excellent results in Q2 & H1
  • Shipping lines see need for GMB to cut costs at ports
  • World's top ports see fall in box handling in Sept.
  • Asias largest gold refinery taking
  • Sharma assures export incentives after Dec. sectoral review
  • China taking part in oil & gas fair
  • Mumbaikars match Germans sip for sip & mug for mug
  • Wiser to err on the side of tax compliance, advise experts

International Transport Journalweb site
OCTOBER 22, 2010
  • RZD to be forced to relinquish control of freight subsidiary PGK
    Russia's deputy transport minister Andrey Nedosekov has said that Russian Railways (RZD) has to sell 75% minus one share of its freight subsidiary PGK. Word so far had been that RZ...
  • Pearl River delta ports closed by typhoon Megi
    The southern Chinese ports of Shenzhen and Zhuhai were closed for safety reasons last week, and port operations in Hong Kong were curtailed, in preparation for typhoon Megi hitting...
  • Inland waterway barge rams ferry near Amsterdam
    An inland waterway freighter from Duisburg rammed and overturned a passenger ferry near Amsterdam on Friday. Shipping in the sector of the 72 km Amsterdam-Rhine Canal affected was ...
  • Largest Turkish freight village opens in Ankara
    Turkey's largest freight village, in the capital city Ankara, started operations in mid-October. The official opening of the Ankara Logistics Base was attended by several dignitari...
  • UPS reports strong growth in Q3
    The US express parcels and logistics service provider UPS improved its global revenues from USD 11.15 to 12.19 billion in the third quarter of 2010, a 9.3% rise over the like-for-l...
  • Vanguard Logistics Services opens third Mexico office
    Vanguard Logistics Services has opened a third branch in Mexico, in the city of Queretaro. Vanguard entered the market in 2007 by opening an office in Mexico City and an operationa...

Marine Logweb site
OCTOBER 25, 2010
  • Tidewater earnings take a hit
  • NCL to build two new cruise shipsat Meyer Werft
  • New leadership at GL
  • Viking Line throws STX Finland a lifeline
  • Pirates hijack three vessels

World Wide Shipperweb site
OCTOBER 25, 2010
  • Port of Longview buying 306 acres of Columbia River land
  • Port of Port Angeles inks preliminary budget for 2011
  • Port of Portland schedules Hillsboro Airport open house
  • Everett Port Commission Oks 2011 operating/capital budget
  • Seanergy completes purchase of Bulk Energy Transport

Lloyd's Listweb site
OCTOBER 25, 2010
  • Crew regain control of hijacked Beluga vessel
    Citadel tactics leave Somali pirates unable to take control of heavylift vessel, Beluga Fortune
  • Ship hijacks up in first nine months of 2010
  • Each piracy attack costs shipping $9m
  • Pirates seize Japanese cargoship
  • UK in push to privatise trust ports
    Government to encourage ports to bring forward proposals for moderisation and...
  • UK ports 'stocktake'
  • Seaspan takes delivery of two new boxships from South Korean yards
    Vessels commence 12-year time charters with K-Line and COSCO Container Lines
  • Costamare takes boxship value case to Wall...
  • Chinese shipbuilder Yangzijiang's profits jump on increased deliveries
    Handover of 14 vessels in third quarter helps boost profits by 32% to $107m
  • Owners turn blind eye to overcapacity crisis

Fairplayweb site
OCTOBER 25, 2010
  • Doldrums seen for oil demand
    TODAY'S Centre for Global Energy Studies outlook on oil demand offered little hope for battered tanker owners
  • Fos strikers again block depot
    STRIKING port authority workers from the Fos oil terminal in Marseilles helped block a key fuel depot this morning, as the strike entered its fourth week
  • NCL buoys German orderbook
    NORWEGIAN Cruise Line today confirmed a two-ship order at Meyer Werft that has been rumoured since September
  • DPW 'on track' as volumes rise
    DUBAI Ports World said today that it expects to meet expectations for its final results after posting a 14% year-on-year rise in box volumes for the third quarter
  • USS Laboon stops pirates
    A US WARSHIP has disrupted attacks by pirates on two vessels in the Gulf of Aden, but there were no arrests, NATO told Fairplay today
  • Science ship officer faces jail
    THE CHIEF engineer of the US-flagged research vessel Laurence M Gould faces half a decade in jail for lying to the US Coast Guard
  • Where job mobility thrives
    A REPORT has indicated that shipbrokers and charter managers ' especially in Singapore ' can expect great job mobility, even in today's tight economic times
  • ABG shares surge 70%
  • Seafarer killed by wave
  • APM fined over crew rest
  • Albania joining South Stream?
  • VLCC supply remains high
  • Five vie for new JNPT terminal
  • Mundra profits jump 21%
  • Pirates hijack two ships

The Journal of Commerceweb site
OCTOBER 25, 2010
  • GENCO, ATC Complete Merger
  • Customs to Launch Account Management Pilot
  • Horizon Lines to Add New Containers for China Service Launch
  • Judge Reinstates Employee Driver Injunction
  • Update: Beluga Vessel Freed from Pirates
  • Purolator USA Launches Premium Express to Canada
  • Diesel Slips Back to $3.067 per Gallon
  • Union Pacific Again Boosts Container Fleet
  • Former President of Churchill Truck Lines Dies
  • DOT, EPA Offer Rules to Cut Truck Diesel, Carbon
  • US, Japan Sign Open Skies Pact
  • Forward Air Sees Best Profit in Two Years
  • Russian Ocean Carrier Fesco Revenue Jumps 34 Percent
  • DOT Stimulus Payouts Top $21 Billion
  • DOT Approaches Deadline in Onboard Recorder Case
  • Asia Air Freight Capacity Growth Outpaces Demand
  • Report Finds Ship Operators, Freight Traders in Demand
  • Japanese Export Growth Slows
  • APL to Burn Cleaner Fuel in New York Harbor
  • DP World Traffic Jumps 14 Percent
  • Pirates Capture German Project Cargo Ship
  • Customs Chief Wants Better Broker Relations
  • Fighting Broker Fraud
  • CSX's Strong Earnings Energize Analysts
  • Driver Drug Tests Uncover More PCP, Marijuana Use
  • Tracking Truckers' DQFs
  • Softer Market, Stronger Pricing
  • Shipping Tea
  • APL Volume and Profit Grow
  • Lessons Learned?
  • Pacific Carriers Go With the Flow
  • The Right Modes Right Now
  • Calculating 10+2 Compliance
  • 12 Steps for Better Business
  • Mexico's Open-Door Policy
  • Trucking's Historic Emissions Mission
  • China Building Firewalls
  • Diversity Drives Singapore
  • A Game of Chicken
  • US-China Policy: Is a Trade War Brewing?
  • Hanjin's Partners in Brine
  • Hanjin's Growth Culture
  • Letters - October 25th, 2010 Edition

Containerisation Internationalweb site
OCTOBER 25, 2010
  • Two more ships pirated over weekend
  • Another week of strikes: but is the protest losing steam?
  • Horizon suffers summer softening
  • More good numbers from Benelux port cluster
  • DP World posts double-digit throughput growth in Q3 10

TradeWindsweb site
OCTOBER 25, 2010
  • 'Hijacked' Beluga Fortune free
    Pirates flee Beluga Fortune on seeing NATO warship close in as crew emerge unscathed from citadel.
  • Iron fuels Foremost fixtures
    US bulker owner seals series of time charters with Wuhan Iron & Steel Co, brokers claim.
  • Horizon boosts box bid
    New York-listed liner operator eyes fresh containers as it gears up for service surge in Guam and China.
  • Chandris wing cleans house
    Diversified Greek owner's Egyptian affiliate sends last single-huller to the chopping block.
  • NCL signs $1.2bn Meyer Werft deal
    Papenburg yard gets its eighth and ninth newbuildings from notably loyal customer.
  • Guam grabs $100m in US grants
    Port of Guam seals another US government-backed cash injection as Pacific island braces for troop build-up.
  • Seaboard sister sails south
    US liner operator beefs up South American service as freshly minted multi-purpose boxship hits the water.
  • Evergreen adds to box profit
    Taiwanese containership giant unveils nine-month gain after finally stopping the rot in 2010.
  • CSDC strong in the third quarter
    China Shipping unit predicts sharp rise in full-year profit after an improved Q3 showing.
  • Fugro to feast on Petrobras pie
    Dutch contractor joins Farstad and Greatship in ten-year subsea pact with Brazilian energy giant.
  • Bulker and cargoship collide
    Amur Shipping vessel damaged by Chinese ship in accident at Shanghai.
  • Guilty Maersk fined in UK
    Dane pleads guilty after being hit with nine charges over fatigued crew of boxship Maersk Patras.
  • Tidewater fires profit warning
    Offshore giant warns its second quarter bottom line will lag Wall Street forecasts.
  • Hope for 'hijacked' Beluga Fortune?
    Royal Navy warship steams towards seized German ship in hope 16 crew are locked in citadel.
  • BW Maritime sells its oldest VLCC
    Andreas Sohmen-Pao-led company offloads 1993-built tanker a month after it was first marketed for sale.
  • Navibulgar again buys Chinese ships
    Four handysized bulk carriers to be built by the Shanhaiguan yard are set to go to Navigation Maritime Bulgare in $112m deal.
  • Azra-S back in business
    Turkish tanker refloated after being forced aground in storm off St Kitts.
  • Slump kills newbuild appetite
    Tanker newbuilding orders drop to five-month low as rates linger at below breakeven levels, broker says.
  • Ro-ro and tanker collide
    German and Swiss vessels damaged in incident while passing in Kiel Canal.
  • USCG monitors grounded barges
    Vessels taking on water after tug pushing them went aground in St Lawrence.
  • Viking deal offers a lifeline to Turku
    A $340m cruise ferry order at STX Finland promises to lift some of the gloom surrounding the nation's shipbuilding sector.
  • First tips Frontline loss in Q4
    John Fredriksen-controlled tanker titan expected to slide into the red in the fourth quarter in weak market, First Securities says.
  • Bugs found on Vietnamese ship
    Vinashin general cargo vessel decontaminated in Russia after live beetles spotted in pantry.
  • Outlook brighter for IHI
    Japanese shipbuilder increases profit forecast for first six months despite revising revenue downwards.
  • Guangzhou profit up as sales fall
    Chinese shipyard boosts bottom line in third quarter despite delivery delays hammering revenues.
  • Crewman killed by wave
    Ukrainian seafarer battered against Estonian cargoship while heaving anchor off Russia.
  • Farstad pens Petrobras pact
    Oslo-listed owner secures near $60m subsea deal for Far Scotia off Brazil.
  • Cochin catches coast guard order
    Indian yard to deliver 20 patrol ships worth $338m in 2012.
  • Mermaid to make PSV splash
    Australian offshore vessel owner looking to raise $30m in share sale to spend on PSVs.
  • Mercator snaps up bulker
    Shalabh Mittal-led shipowner acquires 1994-built panamax. Arranges three year bareboat charter.
  • Havfrakt grounds off Norway
    First refloating attempt fails after Faroese cargoship gets stuck in Gisundet.
  • Pirates hijack second Beluga ship
    German owner sees Beluga Fortune snatched deep in Somali Basin two years after BBC Trinidad seized.
  • Dockers hurt in chemical leak
    Three workers hospitalised after xylenol escapes from containers on APL Sweden at Los Angeles.
  • Ill master rescued from tanker
    Ukrainian captain suffered acute renal failure on Zodiac's St James Park 150 miles off South Africa.
  • CMA CGM in Vietnam stop
    French liner group to add direct call on one of its Asia 'Europe services effective next month.
  • DP World handles 14% more
    Dubai ports giant posts better third quarter cargo figures as activity picks up further.

American Shipperweb site
OCTOBER 25, 2010
  • Slow steaming 'huge' for carriers
  • Van der Noordaa heads GL board
  • Amazon's distribution costs rise with sales
  • Hillebrand completes Trans Ocean integration
  • CEVA names Harris senior VP Americas accounts
  • Mexican Customs officers trained in U.S.
  • Guam kicks off port modernization
  • N.Y.-N.J. Port Authority approves ICTF
  • Longview adds 306 acres to industrial space

The Scandinavian Shipping Gazetteweb site
OCTOBER 25, 2010
  • Launch in Karlskrona
    The RSS Swordsman has been launched in Karlskrona. This is the second of two Swedish submarines of the V'sterg'tland class, bought by Singapore. The vessel was launched and given its
  • Farstad secures NOK 335 million deal
    The Norwegian offshore specialist Farstad Offshore has secured a five-year charter for its PSV Far Scotia with Brasilian Petrobras. The contract is worth NOK 335 million (EUR 41.5
  • Viking Line contracts newbuilding from STX
    Viking Line Abp and STX Finland Oy have signed a letter of intent for the construction of a 210 metres long, 57,000 GT car and passenger ferry for delivery in
  • LPG-tanker hijacked off Kenya
    Last weekend the LPG tanker York was hijacked 50 nautical miles East from Mombasa, Kenya, EU Navfor reports. The vessel was en route from Mombasa to the Seychelles when it

The Bunker Bulletinweb site
OCTOBER 25, 2010
  • Sustainable Shipping conference a resounding success
    Change in attitude by industry as they work on key issues to reduce shipping's environmental footprint, event comes into its own.
  • Bunker prices firm in north European hubs
    Quiet market in Rotterdam.
  • Fujairah prices sees strong gains
    Double-digit price rise for 380 cSt product.
  • Offshore volumes 'falling'
    Asia demand helping draw down Iranian stocks.
  • Container shipping company hit by fuel costs
    Horizon's third quarter results 'fall short' of company's expectations.
  • New port to open within weeks
    Hambantota port project 'ahead of schedule'.
  • Bunkering operations still disrupted
    Situation remains difficult at Fos-Lavera.
  • Plan to build world's 'most environmentally friendly ferry'
    'The goal is to use LNG as the fuel," says STX Finland.
  • Bunker prices firming as week opens
    Mixed demand at Asia's key bunker hubs, according to traders.
  • Bunker operations resume at Hong Kong, Chinese and Taiwanese ports
    No reports of serious damage at Hong Kong, Chinese and Taiwanese ports.
  • Separate standards for 'alternative' bunkers
    Shipping industry may see new, separate standards for bio-diesel and LNG, says fuel testing agency.
  • APL to use low sulphur bunkers in New York Harbor
    Port authority to reimburse 50% of the added cost, company says.
  • ISO 8217:2010 take-up 'limited'
    Majority of players expected to take up the new specification in 12 months.

›››File
FROM THE HOME PAGE
PORTS
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
PORTS
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
PORTS
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
PORTS
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
PORTS
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
SHIPPING
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
SHIPPING
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
PORTS
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
PORTS
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
PORTS
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
PORTS
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PORTS
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
INDUSTRY
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
PORTS
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
CRUISES
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
PORTS
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
RAILWAY TRANSPORT
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
RAILWAY TRANSPORT
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
PORTS
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
CRUISES
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
SHIPPING
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
PORTS
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
PORTS
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
TRUCKING
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
NEWS
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
SHIPPING
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
SEAFARERS
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
PORTS
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
PORTS
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
RAILWAY TRANSPORT
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
SHIPPING
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
PORTS
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
PORTS
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
SHIPPING
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
SHIPPING
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
PORTS
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
SHIPYARDS
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
SHIPPING
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
PORTS
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
PORTS
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
LOGISTICS
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
PORTS
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
PORTS
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
NEWS
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
RAILWAY TRANSPORT
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
SHIPPING
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
CRUISES
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
PIRACY
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
FREIGHT TERMINALS
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
SHIPYARDS
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
PORTS
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
PORTS
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
PORTS
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
PORTS
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
SHIPPING
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
PORTS
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
PORTS
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
PORTS
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
PORTS
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
SHIPPING
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
PIRACY
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
PORTS
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
COMPANIES
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
SHIPPING
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
SHIPYARDS
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
NEWS
Over two tons of cocaine seized in the port of Genoa
Genoa
Once placed on the market, the drug would have earned criminal organizations around 1.5 billion euros.
COMPANIES
Seatrade acquires strategic stake in JR Shipping
Harlingen
The Dutch company will continue to operate as an independent and autonomous organisation
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
PORTS
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
Ningbo
Over 1.4 billion tons of cargo were moved. Approximately 43 million containers were transported.
PORTS
In 2025 the port of Ravenna recorded its new historical record for annual freight traffic
Ravenna
Never-before-seen volume of cargo handled in the fourth quarter alone
PORTS
The Sardinian Port Authority relies on the Financial Times' AI-based consultancy to understand which strategies, projects, and infrastructures to implement.
Cagliari
Direct award of an estimated value of 140,000 euros
PORTS
The disposal of sediment from dredging in the port of La Spezia at the new breakwater in Genoa has been approved.
La Spezia
Approval has been granted for the transfer of 282,000 cubic meters to be carried out during 2026.
SHIPPING
In November, ship traffic in the Suez Canal increased by +16.0%
Cairo
In the first eleven months of 2025, 11,620 ships passed through (-4.8%)
PORTS
ABB to build shore power systems at three container terminals in the Port of Rotterdam
Rotterdam/Zurich
They will be able to recharge up to 32 container ships simultaneously
Cargo traffic in Chinese seaports grew by 5.8% last month.
PORTS
Cargo traffic in Chinese seaports grew by 5.8% last month.
Beijing
Foreign cargoes increased by 8.2%. Containers increased by 8.9%.
TRUCKING
Freewheeling, the increase in highway tolls certifies the failure of the government and Minister Salvini's road haulage policies.
Modena
Franchini: First excise duties, now tolls; a double blow that directly affects small businesses.
TRUCKING
Trasportounito attributes responsibility for the increases in motorway tolls to the Constitutional Court and the ART
Genoa/Rome
Casu and Simiani (PD): But is it the judges' fault if Salvini can't be a minister?
COMPANIES
Xtera Topco will be acquired by a joint venture owned by Prysmian (80%) and Fincantieri (20%)
Milan/Trieste
The transaction involves an enterprise value of $65 million
NEWS
China launches drill to test cutting Taiwan's maritime links
Beijing
Maneuvers near the main port areas
PORTS
In October, freight traffic in the ports of Genoa and Savona-Vado decreased by -1.8%
Genoa
In the first ten months of 2025, 52.9 million tonnes were handled (-1.0%)
ASSOCIATIONS
On January 1st, the presidency of the UIRR will be assumed by Jürgen Albersmann
Brussels
He is vice president and CEO of Contargo
A Maersk Line ship has returned to transit the Suez Canal
SHIPPING
A Maersk Line ship has returned to transit the Suez Canal
Ismailia
Rabie: Normal traffic levels will be reached in the region in the second half of 2026
INDUSTRY
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
COMPANIES
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
SHIPPING
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
ACCIDENTS
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
INTERMODAL TRANSPORT
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
SHIPPING
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AVIATION
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
PORTS
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
SEAFARERS
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
ASSOCIATIONS
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
PORTS
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
SHIPPING
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
INSTITUTIONS
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
PORTS
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
PORTS
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
INDUSTRY
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
LAW
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
COMPANIES
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
COMPANIES
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
SHIPPING
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
SHIPPING
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
SHIPPING
ICS has published its periodic analysis of flag state performance
London
COMPANIES
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
PORTS
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
SHIPPING
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
PROGRESS AND TECHNOLOGY
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
PORTS
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
PORTS
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
PORTS
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
DEFENCE
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
INDUSTRY
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
SAFETY & SECURITY
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
INDUSTRY
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
YACHTING
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
PORTS
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
MOURNING
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
PORTS
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
COMPANIES
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
INTERMODAL TRANSPORT
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
PORTS
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
SHIPPING
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
FREIGHT TERMINALS
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
SHIPPING
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
PORTS
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
MARINAS
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
OFFSHORE
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
LOGISTICS
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
PORTS
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
SHIPPING
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
SHIPPING
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
COMPANIES
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
SHIPPING
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
SHIPPING
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
INDUSTRY
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
SHIPPING
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
INTERMODAL TRANSPORT
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
PORTS
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
PORTS
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
SHIPPING
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
CRUISES
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
COMPANIES
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
LOGISTICS
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
PORTS
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
SHIPYARDS
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
PORTS
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
MEETINGS
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
INFORMATION TECHNOLOGY
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
PORTS
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
OFFSHORE
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
PORTS
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
INDUSTRY
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
FINANCING
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
LOGISTICS
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
SAFETY & SECURITY
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
COMPANIES
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
ACCIDENTS
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COMPANIES
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
PORTS
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
COMPANIES
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
SHIPPING
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
RAILWAY TRANSPORT
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
OFFSHORE
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
FREIGHT TERMINALS
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
SHIPPING
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
RAILWAY TRANSPORT
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
DEFENCE
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
INTERMODAL TRANSPORT
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
ACCIDENTS
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
SHIPPING
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
PORTS
Port of Gioia Tauro: Anchorage fee reduction approved again
Gioia Tauro
A total sum of 1.5 million euros has been allocated
LAW
The Council of State has confirmed the legitimacy of the tender for the new Ravano Pier in La Spezia.
Rome/La Spezia
The TAR ruling for Liguria has been confirmed.
INTERMODAL TRANSPORT
Hupac will launch a new shuttle train service between Duisburg and Novara.
Noise
Schedule six rotations per week
PORTS
Ferry docking slots for Piombino and Elba Island in 2026 have been assigned.
Livorno
PORTS
Project financing process for the first hydrogen production plant in the port of La Spezia
La Spezia
Project to provide "mobile" supplies to vehicles such as locomotives and boats
CEREMONIES
The new hydrofoil terminal at the port of Messina will be named after a victim of femicide.
Messina
The initiative to remember Omayma Benghaloum
PORTS
Three new e-RTG yard cranes have arrived at the PSA Venice-Vecon terminal
Venice
Investment of 8.5 million euros
SHIPYARDS
Fincantieri delivers second multipurpose combat ship to the Indonesian Navy
Trieste
Ceremony at the Muggiano shipyard
SHIPPING
In June the Grendi group will equip itself with a fifth ro-ro vessel
Genoa
It will have a load capacity of 3,000 linear meters
JOBS
The employment contract renewal for transport and logistics company managers has been signed.
Rome
Signed today by Manageritalia and Confetra
RAILWAY TRANSPORT
Brussels has approved the loan to rescue the rail freight company Lineas.
Brussels
Sixty-one million euros granted by the Belgian government
RAILWAY TRANSPORT
Green Mobility Partners and KKR Partner to Create European Rail Leasing Platform
Frankfurt
American company invests in GMP
OFFSHORE
Saipem wins offshore EPCI contract in Qatar
Milan
The contract is worth approximately $3.1 billion.
INDUSTRY
Wärtsilä sells its Gas Solutions division to German private equity firm Mutares.
Helsinki/Munich
Bank of China finances purchase of Grimaldi Euromed's Grande Melbourne
Amount of 57 million euros
COMPANIES
GeneSYS Informatica (Fratelli Cosulich) has acquired 51% of the capital of Navimeteo
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
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
MEETINGS
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
Bulgarian court rejects extradition of Russian owner of a ship linked to Beirut port blast
(ABCNEWS.com)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPYARDS
KSOE wins $466 million order for four container ships
Lysaker/Seongnam
NYK and Ocean Yield Award Order for Four New LNG Carriers
SHIPPING
ONE's Adriatic Service 1 will also make stops at the port of Ancona
Singapore
The line to Damietta has a weekly frequency
PORTS
Consolidation work on the Riva quay at the port of Ortona has been completed.
Ancona
Thirteen million is the cost for the adaptation of the infrastructure
PROGRESS AND TECHNOLOGY
Vard has signed a cooperation agreement with the Norwegian research institute Norce
Ålesund
It concerns all fields of research and innovation in the naval sector
ASSOCIATIONS
Energy transition, regulatory simplification, competitiveness of the maritime industry, and port governance are Confitarma's priorities.
Rome
TRUCKING
Federlogistica reports the project cargo's inability to travel on Northwest highways.
Genoa
Falteri: We are facing a real systemic crisis.
COMPANIES
ZIM shareholders reach agreement again
Haifa
Agreement reached on candidates for the renewal of the board of directors
COMPANIES
Merger by incorporation of Degrosolutions into CLS
Milan
Castelli: We aim to strengthen our growth path in the Italian forklift market.
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