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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:27 GMT+1
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BRIEFS
September 29, 2010
The Business Timesweb site
Shipping News
  • Of pollution, pirates and profit
    As the Singapore Shipping Association (SSA) celebrates its 25th anniversary tomorrow, its president S.S. Teo is more than aware that shipping has not been all fun and games lately.
Strait Talk
  • SSA still going strong at 25
    TOMORROW the Singapore Shipping Association (SSA) celebrates its first 25 years with an anniversary dinner. For those who weren't in the shipping industry 25 years ago, and probably also for the rest of us whose memories need refreshing, the SSA has published its Coffee Table Book outlining the association's history and current objectives.

The Business Timesweb site
Shipping News
  • Of pollution, pirates and profit
    As the Singapore Shipping Association (SSA) celebrates its 25th anniversary tomorrow, its president S.S. Teo is more than aware that shipping has not been all fun and games lately.
Strait Talk
  • SSA still going strong at 25
    TOMORROW the Singapore Shipping Association (SSA) celebrates its first 25 years with an anniversary dinner. For those who weren't in the shipping industry 25 years ago, and probably also for the rest of us whose memories need refreshing, the SSA has published its Coffee Table Book outlining the association's history and current objectives.

Sched Netweb site
  • Golden Week holiday sparks 40pc Asia-north Europe capacity cut
  • Maersk idles ships, turns to Latin America, Africa to grow
  • Port of Taicang launches new line to South America west coast
  • Containerships have upper hand in coming reefer war: Drewry
  • Direct air-sea mainland to Taiwan service points now total 108
  • Industry might see shortage of containerships by 2012
  • U-Freight looks to air and ocean freight areas at annual conference
  • Singapore Shipping Association: Export recovery years away
  • Chittagong Port Authority given deadline to ease box backlog
  • Seven Somali pirates sentenced to five year in Kenya
  • Cape Town container terminal expansion by TNT on track
  • ICTSI Davao unit takes over new reefer facility
  • Maritime broadband wins Maersk and Evergreen contracts
  • CEVA wins warehousing distribution contract for Welsh gas
  • Taiwan's flag carrier fined US$40 million for price fixing
  • Hainan Airlines to start Beijing-Cairo service in November
  • IATA tells Indian aviation it's big, getting bigger, but way behind times
  • Africa will need 700 aircraft by 2030, says Boeing

Exim Indiaweb site
  • Fragmented maritime logistics sector affecting economic growth-Assocham
  • Large Range product tankers join SCI fleet
  • Maersk Line's CHX service makes maiden call at CCT
  • Trade asked to get familiar with ICES 1.5
  • Dumping duty slapped on Chinese chemical
  • Gammon to sell part of stakes in 2 Vizag Port bulk berths
  • GPSL holds customer meet highlighting port's advantages
  • HPCL opens largest dark oil products terminal at Vizag Port
  • JNPT appoints Tata co. to oversee dredging work
  • KPT to build 3 new berths
  • L. Radhakrishnan appointed JNPT Chairman
  • MoS gives green signal to lease surplus land at Major Ports
  • Drawback rate cuts may spell setback to man-made textile exports, says SrtEPC chief
  • Duty-free import of rice may continue
  • FinMin to demystify Budget-making process
  • Move to ease rules for import of plastic waste
  • Onion MEP hiked by $ 75 a tonne
  • Outbound Investment : India a major force
  • State FMs to discuss GST issues on Oct. 27
  • US tactic to revive Doha round rebuffed

International Transport Journalweb site
SEPTEMBER 27, 2010
  • Hamburg Süd orders eight containerships from China
    The German shipping company Hamburg Süd has placed orders for eight 3,500 teu containerships from the Shanghai Shipyard. They will be delivered between 2012 and 2013. The orde...
  • Iraq has a new merchant fleet
    The national Iraqi sea transportation company together with the Swiss Global Refinery are going to operate a new Iraqi merchant fleet, consisting of 66 bulkers and tankers. Ac...
  • Geodis inaugurates new logistics platform for the healthcare sector
    The French service provider Geodis inaugurated a new logistics platform for healthcare and cosmetic products. The ceremony was attended by Jean-Paul Berthomé, chairman of Laboratoi...
  • Ceva Logistics: New contract by Wales & West Utilities
    The logistics service provider and SCM specialist Ceva Logistics has been awarded a three year contract to provide a warehousing and transport solution to Wales and West Utilities ...
  • New commercial manager to strengthen GAC Australia
    GAC Australia has appointed Gareth Long as its commercial manager, to drive business development at all Australian ports and beyond the country's borders. Now based at GAC Australi...
  • GLS Germany building new depot in Neumünster
    The parcel service provider General Logistics Systems (GLS), based in Amsterdam (Netherlands), recently held a ground-breaking ceremony for a new GLS depot in Neumünster, the compa...
  • Dockwise delivers first of 15 Modules for Koniambo Project
    Dockwise Ltd has been selected as the contractor of choice for the transport of 15 onshore modules for the Koniambo Nickel Project in New Caledonia. The project is being developed ...
  • S7 starts St Petersburg-Dushanbe service
    S7 Airlines, one of the leading Russian domestic carriers which will join the Oneworld Airline Alliance on 15 November, launched a scheduled air service on the St Petersburg (Russi...
  • 3rd logistics and transport trade fair in Mersin (Turkey) from 7-10 October
    The third logistics and transport trade fair in Mersin (southern Turkey), hosted by the local branch of the International Chamber of Commerce (ICC), will take place from 7-10 Octob...

Maritime Global Netweb site
SEPTEMBER 28, 2010
  • Survey shows ship operating costs fell in 2009
  • Seaspan orders four new tugs for Vancouver Harbor
  • Hamburg Süd cooperates in tests of low sulfur fuel
  • Singapore's ASL Marine in expansion move
  • DryShips drilling subsidiary gets contract
  • Sembawang Shipyard books FPSO contracts

World Wide Shipperweb site
SEPTEMBER 28, 2010
  • Bellingham Port Board announces candidates for executive director post
  • Seanergy Maritime Holdings nets charters for three vessels
  • Customs' C-TPAT program boasts more than 10,000 members
  • Safety concerns force Port of Olympia to close section of Port Plaza shoreline
  • Evergreen Line going with PrimeLINE refrigeration units

Lloyd's Listweb site
  • MEPC could be forced to vote on emissions
    Political divisions over climate change remain roadblock to achieving consensus on key debates
  • Mitropoulos urges workable solution to emissions
  • Mandatory fuel standards proposal unworkable
  • Experts seek more time over market-based measures
  • SNCF hunts for SeaFrance buyer
    Company begins new effort to find buyer for its shares in troubled ferry operator
  • SeaFrance gets three-month reprieve
  • Spot aframax rates 'stuck in a rut'
    No sign of earnings recovery yet, as too many ships still chasing too few crude...
  • Chinese mill closures hit capesize fortunes
  • Chittagong comeback talks lift rates
    Indian buyers offer high $400s for tankers amid rumours that Bangladesh may be back...
  • Shipbreakers in 'green' tug-of-war

Fairplayweb site
  • Spain wins on Prestige jailing
  • Unions launch '€2' protest
  • Fincantieri pledges no layoffs
  • 'Aid-for-patrols' suggested
  • Sembawang wins FPSO upgrades
  • VLCC rates fall another 4.8%
  • Valero exits East Coast trade
  • Gujarat shares hit new peak

The Journal of Commerceweb site
  • Brokers to Play Key Role in Customs System
  • NTSB Urges Carriers to Reduce Fatigue Risks
  • Boxer Urges Alternatives to Infrastructure Bank
  • Port Nehru Truckers Strike
  • Panama Canal Toll Hikes Cause Concern
  • Teamsters Review CN's Train-Crew Offers
  • Global Air Cargo Growth Slows
  • Philadelphia ILA Shuts Down NY-NJ Terminals
  • Le Havre Container Traffic Rises 7.8 Percent
  • LTL Shippers to Stick with FedEx Freight, Survey Finds
  • Diesel Price Retreats to $2.951 per Gallon
  • East Coast Ports May Not Need to Dig Deeper
  • Ocean Carriers Cut Capacity 40 Percent for Golden Week
  • LA Harbor Commission Approves Employee Driver Schedule
  • Port Terminal Expansion Called Urgent

Containerisation Internationalweb site
SEPTEMBER 28, 2010
  • K+N to significantly expand sea freight business
  • ESC supports withdrawal of anti-trust immunity in US
  • Hapag-Lloyd adds second North Europe/West Africa sling
  • Hamburg Sud supports low sulphur tests
  • Emerging economies are the new growth engine

TradeWindsweb site
SEPTEMBER 28, 2010
  • Lauritzen linked to LPG sale
    Chinese tanker owner bulks up LPG fleet as Danish gas player offloads two-year-old ethylene carrier, sources say.
  • Otto arm grabs seismic gig
    Singapore-listed offshore outfit scores $9m seismic survey contract as Canadian energy player chases Trinidadian payday.
  • Navios fuels product predictions
    Navios Acquisition may have timed its tanker splash perfectly as owners ready for a rebound in the products segment, analyst says.
  • Fredriksen picks bonds again
    Seadrill is the latest company in the tycoon's empire to turn to bond market with $400m in its sights.
  • German tanker evades pirates
    Rigel Schiffahrts' Mississippi Star subjected to prolonged armed ordeal off Tanzania but avoids hijacking.
  • DOF Subsea plots bond boost
    Norwegian offshore outfit lines up $170m bond issuance as it works to slash existing debt and bolster its books.
  • Seanergy ties up MSC handy trio
    BSI prevails in series of fresh fixtures as Greek owner pens bulker deals while ink dries on Restis swap.
  • Tim Huxley: 'No VLCC deal'
    Wah Kwong boss says the Ardenne Venture has not been sold at $89m or any other price.
  • Rem Offshore in $4m court win
    Age Remoy-led shipowner comes up trumps in clash over loan repayments.
  • Lloyd Werft making ferries shorter
    German yard to convert two Stena ro-ros to carry more passengers in Canada.
  • Vietnam okays new northern port
    Japan's MOL and NYK planning northern terminal with state-run Vinalines.
  • Another dozen bulkers for CSDC
    Chinese owner follows up 14-ship order in August by splashing another $383m on dry cargoships at group yards.
  • Cape deal revives merger talk
    Analysts rekindle hype of a merger between Golden Ocean and Knightsbridge Tankers following capesize trade.
  • 100-ship target not set in stone
    Evergreen's headline newbuilding goal may not be met despite the owner upping its tally to 20 today.
  • Samsung scores Evergreen seven
    Chang Yung-fa-led shipowner returns to Samsung Heavy Industries with $721m deal in latest phase of 100-vessel spree.
  • Magic deal for SembCorp Marine
    Singapore-listed shipyard to convert BW's tanker Genie and upgrade Bulewater FPSO.
  • Offshore merger gets green light
    Subsea 7 and Acergy win US and Norwegian clearance for $5bn tie-up.
  • Death penalty for pirate leader
    Salah Mohamed Gelle will be executed after being found guilty of killing Pakistani master.
  • Crewman killed in fall
    Filipino man plunges to his death in cargo hold of Schoening ship in Finland.
  • ASL grabs land and ships
    Singapore company extending yard capacity and expanding tug-barge fleet in deal with Koon Holdings.
  • Former Indian yard bosses charged
    Ex-Hindustan trio facing accusations of corruption over steel plate tenders.
  • Disney sex pest pleads guilty
    US man faces up to a decade in jail after admitting sex abuse of teenage girl on Disney Wonder.
  • Fos-Lavera workers walk
    Wildcat strike hits key French Med tanker terminal as staff protest at state reforms.
  • Golden Ocean eyes capesize payday
    John Fredriksen-led Golden Ocean back at the table to pen bulker deal with Knightsbridge Tankers.
  • Knightsbridge targets $100m
    John Fredriksen-controlled shipowner taps investors for cash needed to bankroll Golden Ocean bulker grab.
  • MISC pockets bond cash
    Malaysian owner has sold $161.5m of Islamic debt to fund capital expenditure.
  • Brittany heading to Bilbao
    French operator steps in with replacement UK-Spain service as P&O pulls out.
  • Beijing pow wow set to go
    The seventh TradeWinds Shipping China conference gets underway on Tuesday at the Park Hyatt.
  • Sea Profiler lets in sea
    Tug takes veteran UK research ship in tow after it springs leak in heavy seas off Hull.
  • Assault turns back Aussie ferry
    Man taken to hospital in Tasmania after incident on TT Line vessel.

American Shipperweb site
SEPTEMBER 28, 2010
  • World Shipping Council elects board members
  • Swiss WorldCargo names new executives
  • CN, Montreal seek to improve rail efficiency
  • Vanguard expands inland trucking network
  • Port of New York-New Jersey work stoppage
  • San Diego port chief quits

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 28, 2010
  • Reefers ' soon but a memory?
    The reefers should totally vanish from the oceans in the forseeable future is probably not especially likely, specialized vessels will always find niche markets, but most factors suggest that the
  • "Piracy business grows faster than Chinese ore import"
    Piracy activity off Somalia is a business that grows faster than China's import of iron ore according to Martin Stopford, chief analyst at Clarkson Research. The average ransom has increased
  • IMO delegates to meet protesters
    This week the Maritime Environment Protection Committee of the IMO will convene at the UN body's London headquarters. On the agenda, ship emissions of greenhouse gases have a high priority

The Bunker Bulletinweb site
SEPTEMBER 28, 2010
  • Slow steaming proposal rejected at MEPC 61
    CSC suggestion that speed should be regulated, and not left to market forces, gets insufficient support to be taken further.
  • Prices weakening across the board
    Congestions at Vopak terminal in Rotterdam.
  • Distillate prices fall in Durban
    Little market activity in Durban.
  • Battle lines drawn in GHG debate
    Developing countries reiterate principal objections, 'serious concern' about IMO process toward mandatory efficiency measures.
  • Ferry runs on slaughterhouse waste
    European Union backing biofuel bunker experiment.
  • IMO report on MBMs finds more work is needed
    Expert group report evaluating market based measure proposals presented at MEPC 61.
  • Bunkering identified as area for 'collaboration'
    India looks to Singapore for maritime expertise.
  • Strike disrupts bunker supply in Fos
    Port workers call 24-hour stoppage.
  • Downtrend in bunker prices
    Average demand at key Asian bunker hubs.
  • Brightoil posts 334% increase in profit
    Bunker sales volume for the year ended June 2010 rose 117%, largely due to expansion across China and globally.
  • Hamburg Sud tests use of LSMGO at Brazilian port
    Test, conducted with US's EPA, generates 'important data' on emission control.
  • Range 'main challenge' for LNG-powered vessels
    Early problems of leaking gas and methane emissions 'sorted out', says research head at Rolls Royce.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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