BRIEFS

testata inforMARE

06 December 2025 - Year XXIX

Independent journal on economy and transport policy

01:51 GMT+1

BRIEFS

March 8, 2011

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*Shipping News* Lion Group cites Viet partner for project's failure Malaysian conglomerate The Lion Group has blamed problems at Vietnam's scandal-hit shipbuilder Vinashin for the failure of a multi-billion-dollar joint venture. Arcus makes takeover bid for Forth Ports Forth Ports has received a takeover approach valuing the operator at '745 million (S$1.54 billion) from its largest shareholder, Arcus European Infrastructure Fund, and has given Arcus access to its books. Libya oil exports seen falling as crisis worsens Libyan crude oil shipments are set to slide in the coming days as mounting violence, falling oil output, the impact of sanctions and rising freight costs take their toll on Africa's third-largest producer. Essar extends biggest rally in 7 mths on plans to split

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MSC re-jigs Silk, Lion, Dragon and Tiger Asia-Europe routes Cosco imposes US$150 per TEU Asia-Europe bunker fee Hapag-Lloyd offers Taicang-Yangshan-Waigaoqiao barge service Hainan provincial freight movement posts 12.8pc gain in 2010 Yunnan province increased waterborne freight 16.5pc in 2010 Southwest China coast transhipment value up 20.5pc in 2010 UASC drops out of Maersk's Europe-subcontinent service Port of NY-NJ handles 16pc more containers in 2010 MOL holds series of safety conferences for seafarers India budgets US$47 billion for infrastructure this fiscal year US Retailers: Short-work rule means more trucks at rush hour ChinaTrans International goes regional with an LCL focus Cargoes to participate in CeMAT 2011 as an exhibitor Liaoning province earmarks US$6.3 billion for transport infrastructure EverokGroup named World's Best Agent at WCAF conference Jamaican bomb hoax brings terrorism charges against airport employee Dragonair, Lufthansa Cargo expand summer services AA Cargo provides online industry information, analysis

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Asia set to drive global container market as regional economies gain ground CKYH reorganises six Far East-North Europe services CMA CGM strengthens its services from Asia to US West Coast CSAV-CSCL to offer Far East-USEC loop via Panama MAERSK LINE reworks Asia-northern Europe network NVOCC Econocaribe Consolidators joins iNTTRA network Owners want nod to station armed guards on ships Exporters rise from crisis by winning over Africa, Latin America Milk powder exporters to lose 500 cr. due to ban SRTEPC interaction with Customs officials & Jt DGFT today Dinesh Lal appointed GTI Chairman Non-viability, poor DPRs putting off developers from PPP port projects Vallarpadam ICTT vital to India's maritime agenda Fuel price hike likely as oil basket touches $100/b Forsenia Engineering signs up with Kroger Greifertechnik

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MARCH 7, 2011
New production facility for A350 XWB components opened in China The Harbin Hafei Airbus Composite Manufacturing Centre, a joint venture between Airbus and its Chinese partners, was inaugurated in Harbin (China) this week (week 9). The new facil... Malaysia Airports to manage Chinese airport Malaysia Airports Consultancy Services Sdn Bhd (MACS), a subsidiary of the international airport operator Malaysia Airports, has signed a joint cooperation agreement (JCA) wit... Boeing B777 freighter completes first two years of service The Boeing B777 freighter has earned the reputation as the work horse of the industry in its first two years of service. The equipment hauls everything from giant panda bears to hi... Harwich International Port signs new wind deal Harwich International Port (UK) recently landed new contract with Aarsleff Bilfinger Berger Joint Venture (ABJV). Under the terms of the deal Harwich will act as ABJV's UK ins... Lynden Transport expands service to/from Oklahoma and North Dakota The US- based service provider Lynden Transport is offering a new scheduled less-than-truckload (LTL) service to Oklahoma and North Dakota (both USA), in response to customer and i... Australia: lower truck speed limit on south-eastern freeway The state of South Australia is reducing the maximum speed for trucks with five or more axles from 100 km/h to 60 km/h along the south-eastern freeway. The limit is being imposed i... First PowerHaul locomotive in Turkey GE Transportation and the Turkish company Tulomsas recently celebrated the roll-out of the first GE PowerHaul locomotive, which was assembled in Turkey from components produced at ... Kombiverkehr: Austria traffic booming Kombiverkehr, an intermodal service provider based in Frankfurt (German), and its partner Intercontainer Austria are launching new connections to/from Austria. From today (7 March)... TUI sells Hapag-Lloyd shares to consortium The supervisory board of the German tourism corporation TUI recently agreed to sell its Hapag-Lloyd shares to a subsidiary of the Hamburg (Germany)-based Albert Ballin co... Hellmann East Europe granted customs representative licence for Russia The German logistics service provider Hellmann East Europe has been granted a customs representative licence for Russia. To date this important permit was known as a customs b... APM Terminals to retrofit and electrify worldwide RTG fleet The port operator APM Terminals has embarked on a programme to convert and retrofit more than 400 diesel-powered rubber-tyred gantry cranes (RTGs) in use throughout the APM Te... In Time Express Logistik sees turnover surge The German express courier service provider In Time Express Logistik boosted its turnover in fiscal 2010 to EUR 104.9 million, a 59.5% increase compared to the EUR 65.8 millio... AMB and Allianz Real Estate form a new joint venture Property developer AMB Property Corp and Allianz Real Estate have formed a Luxembourg-based joint venture with the aim of acquiring, owning and operating logistics real estate tied...

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MARCH 7, 2011
Marinette Marine breaks ground for new panel line fabrication building NTSB docket document implicates cell phone use in Duck Boat disaster Hovertrans Solutions to build heavy lift hovercraft at ST Marine

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MARCH 7, 2011
Port Tracker report finds increase in container traffic Mitsui tanker rescued following pirate attack Evergreen Line to add China to Jakarta service Pacific Northwest Waterways making annual trip to Washington AAPA spring conference set for March 21-23 in Washington, DC

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MARCH 7, 2011
CC Tung breaks ranks over box sector deregulation Demise of conference system led to information vacuum that heightened extreme rate volatility in the Asia-Europe trades, says OOIL chairman Private investment lured by LPG opportunities Steady rate climb draws new interest in sector China pays out for bulk carrier trio Chinese breakers nudged Indian rivals aside to purchase three large bulk carriers at strong rates last week Sale of aframax pair highlights new low benchmark value Greek tanker owner Minerva Marine is understood to have bought two ice-class aframax tankers for $42.3m each, according to broker reports Court decision to ease tonnage glut Overcapacity could be substantially reduced with the reopening of Bangladesh's shipbreaking yards Ready, steady, scrap: Bangladesh reopens yards Demolition rates set to rise as country's breakers look to begin importing vessels Rocketing bunker fuel prices could yet see 'blood on the streets' Tanker owners are being forced into adopting alternative strategies such as super slow steaming as rising fuel prices continue to pound bottom lines Uncertainty is haunting shipping Uncertainty about which direction the price of oil is moving continues to haunt shipping TCC presses ahead with growth plans despite $7m loss To continue expanding services as trade outlook looks bullish US box imports set to rise 11% in March Estimates come amid warning of impact of rising oil prices on freight rates Hutchison kicks of Singapore listing of port assets Biggest IPO in Singapore's history expected to raise close to $6bn Arcus in $1.2bn bid for Forth Ports Takeover approach by major shareholder puts value of ports group at around '746m Keppel AmFels wins $195m rig order To deliver jackup rig to Mexico's Perforadora Central in first quarter of 2013 Higher freight rates lift NOL's income Average revenue per feu up 10% during first six weeks of 2011 NSCSA orders four multi-purpose ships at Hyundai Mipo Total contract could be worth around $410m, including options for two more Beluga seeks rate cuts for chartered-in ships Oaktree claims heavylift specialist could go bankrupt otherwise The return of Bangladesh The decision to reopen Bangladesh's ship recycling business is positive for both the country and international shipping Inmarsat shipping revenues remain flat Increased competition and switch from voice calls to e-mails offsets gains from sales of fleetbroadband terminals Forth Ports bid So long as ports continue to operate efficiently, shipowners probably could not care less whether they are owned by a city council, the state or anyone else Vale's VLOC order hit by delivery delays Delivery of first tranche of 12 of some 36 super-sized ore carriers behind schedule Stena charters Tallink ferries for new Scotland route Tallink announces closure of loss making Germany - Finland route ICTSI pays $21m for 51% stake in Rijeka box terminal Philippines port operator wins 30-year deal to operate Croatia port DHT seeks $100m from Norwegian bond market Move will boost war chest for crude oil tanker buys Box forecast variations hit Pacific trade Preparations to deploy vessels during forthcoming peak season thrown into confusion Noble takes option for drillship at HHI Noble orders three vessels in year to date at South Korean MOL tanker attacked by pirates off Oman US and Turkish naval forces intervene to free vessel The Week Ahead Tanker rates on rise as Libya concerns grow Oldendorff sticks to its guns on K Daphne bunkers Says 'all options under consideration' as capesize fails to arrive in Virginia Battle begins to renew transpacific contracts Box lines and shippers come face-to-face to try and agree on freight rates

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MARCH 7, 2011
Capesize rates push up BDI CAPESIZE rates rocketed 14.5% today to $6,548 a day in the biggest jump since 10 February Governor offers Miami deepening funds FLORIDA's governor has promised to use state money to fund a $75M federal shortfall in the budget for deepening the Port of Miami to 15.2m (50ft), Fairplay was told today Goldman warns of gas cuts GOLDMAN Sachs has warned that global gas and LNG supplies could be slashed by up to 3% if production cuts in Libya are replicated in nearby countries Oldendorff attachment bid fails A NEW York bankruptcy judge has rejected an emergency attempt by Oldendorff to attach the bunkers of Korea Line's Capesize K Daphne, Fairplay has confirmed IM Skaugen raises $63M in bond sale NORWEGIAN gas carrier and lighterage tanker operator IM Skaugen has raised 350M kroner ($63M) in an issue of two-year bonds ICTSI bags Croatian contract ICTSI has won a 30-year contract to manage, operate and develop a box terminal in the Croatian port of Rijeka New bid made for Forth THE UK'S Forth Ports has confirmed market rumours of a takeover offer from Arcus European Infrastructure Fund 1 LP ICTSI profits jump PHILIPPINE port operator ICTSI today reported a 79% year-on-year increase in net income to $98.3M last year Brokers doubt rate rise hopes BROKERS in Shanghai have told Fairplay that they doubt that trans-Pacific box carriers will succeed in their latest attempt to raise rates Hutchison talks up ports IPO HUTCHISON Whampoa said today it expects an overwhelming response to the listing of its ports assets, despite other shipping trusts performing poorly on the Singapore Exchange Seafarer disappears off Scotland THE SEARCH for a seafarer missing from a Finnish product tanker in the Scottish North Sea has been called off, the MCA told Fairplay today PIL boss calls for EXIM bank rethink PACIFIC International Lines managing director Teo Siong Seng told Singapore's Parliament today that he is disappointed the country has decided against opening an export-import bank China reportedly doubles Greek fund CHINA will double the size of a fund offering cheap loans to crisis-ridden Greek shipowners to about $10Bn, Greece's maritime affairs minister has reportedly revealed Passenger saw disaster ferry 'swaying' A PASSENGER who was on board ferry Princess Ashika when it sank in 2009 has described his ordeal in a Tongan court China belt-tightening fears played down INDUSTRY figures told Fairplay today that China's industrialisation plans mean its belt-tightening measures should only have a limited impact on shipping.

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MARCH 7, 2011
TPM Panel Debates Capacity Outlook DOT to Hold Public Meeting on Regulations Diesel, Gas Prices Surge; White House Eyes Reserves Shareholder Bids to Take Over Forth Ports US Navy Rescues Tanker From Attack OOCL to Order Big New Ships Shipping Corporation of India to Buy 110 Vessels Retailers Project 11 Percent Container Growth New Zealand's Mainfreight Buys Top Dutch Transporter CFO Taylor to Leave YRC Worldwide CEVA Boosts Revenue, Profit 25 Percent NOL Reports Seasonal Container Decline FRA to Scale Back Train Control Regulation ICTS to Run Croatia Container Port Washington State's Hammond Discusses Rail Corridor Investment (Video) The Trans-Pacific Rebounds, Again Security Up for Grabs New Ports Smooth Kinks Africa's Shipping Beacon of Light Samson's Chain KCS Retools Loan Request Rail Loan Program Off Track Sounding Trucking's Security Alarm Into the Cloud New Horizon To Protect and Defend? Cargo Crime en Fuego Concluding Doha Now Change Gets Yellow Eye at STB Drilling Into Detention Time Building Collapsible Transport Programs Australia's Exports Under Water Energy to Fuel Exports Canada's Railroads Look to Asia Canada's Ports Double-Stack Growth Intra-Asia Mushrooms Shippers Boxed Out? Lidinsky Comes Full Circle

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MARCH 7, 2011
Rates merry go round Cargo volumes may look healthy as the end of Q1 11 approaches but it seems the containers moving are doing so at much lower prices than the year before and this at a time when the costs for moving them are shooting up Ocean carriers receive warning from BoxTradeIntelligence NSCSA to buy new ro-ro ships APMT to electrify its RTGs ICTSI invests in Rijeka ND changes gear

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MARCH 7, 2011
HCI caught in Beluga web German issuing house says impact of Beluga restructuring "remains to be seen" as KG funds join talks led by Oaktree. Oaktree mum on Beluga saga US investor soars under the radar as KG funds grapple with reports of German owner's plot to seek rate reductions. 'No closure' at Brega Bombing shuts Ras Lanuf but Brega still working as Braemar reckons crude halt could boost flagging tanker demand. Benelux scraps VLGC Greek owner earns top dollar as VLGC hits the chopping block in $10m demo deal, brokers say. Petrobras hires PSV Brazilian oil giant sets sights on anchor-handlers as Dof wing proves power of pedigree, brokers say. ICTSI ventures into Croatia Philippines port operator wins 30-year concession for box terminal in Rijeka. DHT eyes bond bonus New York-listed tanker owner mulls $100m boost to war chest as acquisition hunt heats up. MOL uses 'scarecrews' Sham 'sailors' used onboard MOL tanker Guanabara as real crew give Somali pirates the slip. Bangladesh ban lifted High court imposes new conditions on shipbreaking yards, but import of vessels to resume. Evergreen heads to Jakarta Taiwanese owner backs intra-Asian growth hunch with new run from northern China. Skaugen bags $63m bonds Tanker owner to pay off debt maturing in 2011 with bond issue completed at lower end of target range. It's raining yuan Greece secures an extra $5bn in funding from China to allow owners to buy Chinese-built ships. Court orders blast payment Bangladesh's Mak group to pay $7,000 to families of four men who died in demolition explosion. Danes go independent Government setting up new accident investigation unit outside of Danish Maritime Authority control. Palva search called off Attempts to find missing crew member presumed overboard Neste Oil tanker in North Sea fail. Western welcomes Bangladesh shipyard wants workers returning from Libya to get in touch about welding and fitting work. Cargoships clash Desgagnes Transport vessel holed in collision with MSC Patricia in dense Belgian fog. Maersk's missing billions? Analyst says Danish group could be valued $14bn more if it separately listed its business units. Citadel saves MOL tanker Warships from Combined Maritime Forces take four pirates into custody following thwarted attack. AOD eyes Oslo listing Mermaid Maritime-led offshore drilling company looks to secure listing on Norway's Axess exchange.

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MARCH 7, 2011
Suez tolls unchanged again The Suez Canal Authority has frozen tariff levels for transiting the canal for the third year in a row. The canal saw vessels transits increase 4.4 percent to 17,993 vessels in 2010, while tonnage passing through the waterway increased 15.2 percent... ICTSI seals stake in Croatian terminal The Philippines-based terminal operator International Container Terminal Services, Inc. said it has acquired a 51 percent stake in a Croatian container terminal in the country's largest port as part of a 30-year concession deal. ICTSI has partnered... Worker strike at Suez Canal Administrative workers with the Suez Canal Authority protested over the weekend over what they said was a lack of promotions, according to international news outlets. The workers threatened to extend the protests -- including hunger strikes -- int... Weiss Röhlig starts Taiwan/Prague LCL service Freight forwarder Weiss R'hlig has started a weekly consolidation service between Taiwan and Prague. "Our advantage is that Weiss Röhlig has scheduled trucking and rail services from all major European ports into Eastern Europe supported on the gro... CBP explains personnel changes Replacing Daniel Baldwin as assistant commissioner for international trade and moving him to head supply chain security programs "will restore needed trade policy experience to the Office of Field Operations and add operational expertise to the Of... DHL to work with troubled airline parts company DHL Supply Chain said last week it is attempting to help a U.K. parts support company for the airline industry out of bankruptcy by developing a "track and consolidation service" that will aggregate millions of parts around the globe into a single... Japanese tanker recaptured from pirates A U.S. Navy frigate rescued a hijacked Japanese tanker and captured the Somali pirates on Saturday, the U.S. Navy said. TheGuanabara,operated by MOL, reported it was under attack Friday about 328 nautical miles southeast of Oman. Special forces fro... Grand Alliance adds Vietnam to Loop D The Grand Alliance has resumed weekly sailings of its Loop D Asia/Europe service, according to a notice from member Hapag-Lloyd. Alliance members Hapag-Lloyd, OOCL and NYK Line in Octobermade the service a biweekly loop through the end of Februaryt... SynchroNet, Canadian 3PL team on box interchanges SynchoNet Intermodal Services has partnered with SNX Advance Logistics to support its Web-based virtual container-yard product in the Canadian market. SynchroNet and its sister company SynchroNet Marine provide box interchange services for ocean, r... Unrest reaches canal Worker strike at Suez Canal Administrative workers with the Suez Canal Authority protested over the weekend over what they said was a lack of promotions, according to international news outlets. The workers threatened to extend the protests -- incl...

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MARCH 7, 2011
Stena charters Tallink vessels for Belfast run Stena Line has chartered Tallink's two sister ferries the Superfast VII and the Superfast VIII for the Belfast'Stranraer run. The vessels will enter into service in autumn 2011. "The Mols-Linien deep in red after horrible year Mols-Linien A/S left 2010 with a huge deficit of DKK 77.5 million after a bad year with declining numbers of passengers and cars. Furthermore, Mols-Linien is Polarcus signs up for Celtic Sea project Dubai-based, Oslo-listed seismic vessel operator Polarcus has signed a contract with Providence Resources PLC for a 3D seismic project in the Celtic Sea, off Ireland. The survey will

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MARCH 7, 2011
Libyan crisis drives up low-sulphur premium Price differential for low-sulphur bunker product is widening. Trading team development for Turkish supplier New bunker trader is the company's representative in Greece. IFO prices stable in Fujairah In Cape Town, deliveries available up to and including March 21. Bunker prices firm Congestion at a few loading facilities in Rotterdam. Tanker operator suffering as unrest drives up bunker prices Nordic Tankers says firming bunker prices have coincided with 'rock bottom' rates. Bunkering firm becomes part of environmental initiative Canadian company which lists bunkering services among its activities joins the Green Marine program. Singapore terminal operator repeats interest in LNG bunkering LNG terminal is '30% complete'. New Zealand port welcomes switch to low-sulphur fuel Auckland Council wants other shipping lines to follow Maersk Line's lead. Asian bunker prices lack direction Demand mixed on Monday at key Asian bunker ports, traders say. BORCO facility to undergo $200-400 million expansion Project aims to install 'flexible storage capacity' on site, says Buckeye spokeswoman. Chinese bank joins group financing Vopak ICBC and 14 others to provide the terminal operator with $1.6 billion senior unsecured facility. Sinopec Zhoushan to start MGO deliveries next month Plans to start MGO deliveries at Tianjin, Zhangzhou and Huangpu ports in China, says company source. WFS quarterly cash dividend stable Q4 dividend, which reflects its 'two-for-one' stock spilt program, unchanged even after it reported 'record earnings' for last year.

›››File


FROM THE HOME PAGE

SHIPPING

Shipowners call for suspending the application of the EU ETS to the maritime sector.

Brussels

Messina speaks of the ideological shortsightedness of a part of the Commission that relies on partial and imprecise market monitoring

PORTS

Federlogistica expresses concern over the proposed Genoese tax on maritime passengers.

Genoa

Concerns for the overall balance of the national port ecosystem and for the operational choices of shipowners

SHIPYARDS

SEA Europe disappointed by the failure to recognize the maritime manufacturing industry as a strategic sector for the EU

PORTS

Port of Palermo: Administrative violations amounting to one million euros related to boating and concessions

Palermo

Over 265 vessels used for rental purposes without mandatory insurance were identified.

EU transport ministers approve incentives for trucks by amending the directive on dimensions and weights.

INTERMODAL TRANSPORT

EU transport ministers approve incentives for trucks by amending the directive on dimensions and weights.

Brussels

Road haulage - CER, ERFA, RFF, UIP, UIRR and UNIFE denounce - can expect economic gains, but the company will have to wait for a reduction in the environmental impact of logistics.

SHIPPING

First LNG refueling of a ferry in the port of Genoa

Genoa

500 cubic meters of bioLNG delivered to the new vessel "GNV Virgo"

SHIPPING

ONE appoints new agency in Albania

London

Centralog Albania is based in Durres and will be fully operational by the end of the month

INSURANCE

Genoa-based shipping broker Lockton PL Ferrari expands its operations into other sectors.

Genoa

New segments Natural Resources, Oil & Gas and Construction & Real Estate

PORTS

Giampieri (Assoporti): Italy's widespread port system requires a single, stable control room.

Rome

The port reform - he stated - can be a great opportunity for all of us

AVIATION

Lufthansa Cargo and Swiss WorldCargo have signed a strategic cooperation agreement.

Frankfurt/Zurich

Synergies are expected in both the commercial and operational fields

TRADE

Agreement to end EU dependence on Russian energy

Brussels

The Council-Parliament agreement provides for a gradual but definitive elimination of Russian gas imports by the end of 2027.

ASSOCIATIONS

Assiterminal confirms its appeal to the Regional Administrative Court (TAR) regarding the indexation of concession fees.

Genoa

108 member companies reached

SEAFARERS

The ITF urges the Dutch Court of Appeal to correct its preliminary findings on maritime work.

London

PORTS

Port of Piombino, the regasification terminal has created both opportunities and obstacles

Livorno

Gariglio: It is necessary to know if and for how long the "Italis LNG" will remain in port.

SHIPYARDS

Fincantieri signs a memorandum of understanding on its production model and procurement.

Rome/Trieste

A step forward - underline Fim, Fiom and Uilm - for the regulation and control of the supply chain system

PORTS

The Port Authority of Genoa and Savona opposes the introduction of a three-euro municipal surcharge on ferry and cruise boarding fees.

Genoa

Cargo traffic in Chinese seaports grew by 3.8% last October.

PORTS

Cargo traffic in Chinese seaports grew by 3.8% last October.

Beijing

International volumes increased by 8.9%. Container traffic amounted to 26.4 million TEUs (+8.0%).

INSTITUTIONS

The composition of the International Maritime Organization's council has been renewed.

London

Rixi: Italy was once again the most voted nation

PORTS

Quarterly decline in general cargo traffic at the ports of Genoa and Savona-Vado

Genoa

During the July-September period, solid bulk cargoes also decreased. Liquid cargoes increased.

PORTS

The large port of Syracuse will be equipped with a new maritime station

LOGISTICS

Assologistica applauds the approval of the new rules on pallet exchanges.

Milan

Potential savings of at least 70 million euros are estimated

PORTS

Giuseppe Grimaldi confirmed as Secretary General of the Central Tyrrhenian Port Authority

Naples

Unanimous resolution of the Management Committee

INDUSTRY

Hiab acquires Brazilian loading crane supplier ING Cranes.

Helsinki

The company has 250 employees and a turnover of approximately 50 million euros.

SHIPPING

Norwegian MPC Container Ships' revenues fell by 5.0% in the third quarter.

Oslo

Net profit was $53.6 million (-15.8%)

PORTS

The Algerian port of Skikda will be equipped with a new 600,000 TEU container terminal

Algiers

It will be built as part of the oil port expansion project

PORTS

Port of Rotterdam plans offshore wind terminal

Rotterdam

A public consultation has been launched

SHIPPING

ZIM is evaluating several proposals for the purchase of the company

Haifa

Receipt of the offer submitted by Glickman and Ungar confirmed

SHIPPING

Hapag-Lloyd and Maersk have not set a date for the return of their ships via Suez

Copenhagen/Hamburg

SHIPPING

Maersk announces the return of its ships through the Suez Canal starting next month

Ismailia

In October, transits remained unchanged. A 16% increase is expected in November.

SHIPPING

After 2035, Russian cargo traffic on the Arctic route could decrease

SHIPPING

Diana Shipping offers to acquire all of Genco Shipping & Trading Ltd.

Athens/New York

Planned investment of $758 million for the remaining 85.2% of the capital

ASSOCIATIONS

At the IMO assembly, Rixi acts as a lobbyist for the party opposed to the European Union ETS system.

London

The election of the new council of the International Maritime Organization is on Friday.

LOGISTICS

Macquarie Asset Management submits an offer to acquire Australian logistics group Qube Holdings

Sydney

Proposal worth $7.5 billion

SHIPPING

HMM orders eight 13,400 TEU containerships from HD Hyundai Group

Seoul

Six will be built by HD Hyundai Samho and two by HD Hyundai Heavy Industries

Companies inform

Accelleron calls for cross-sector action to unlock carbon-neutral fuels for shipping

TRADE

G20 economies' merchandise trade growth in the July-September quarter

Paris

Exports and imports of services are also increasing

TRUCKING

Freewheels: New rules on payment times leave hauliers without protection.

Modena

They do not address - explains Franchini - the heart of the problem: the disproportion of bargaining power between clients and small carriers.

OFFSHORE

The Trump administration unveils a plan for the massive exploitation of offshore oil and gas fields.

Washington

The program covers areas of the outer continental shelf amounting to approximately 514 million hectares.

In the July-September quarter, ZIM's revenues decreased by -35.7%

SHIPPING

In the July-September quarter, ZIM's revenues decreased by -35.7%

Haifa

Fleet volumes fell by 4.5%. Performance in the Asia-Europe market was very negative.

SHIPYARDS

Fincantieri granted additional areas in the port of Ancona

Ancona

The company is committed to implementing a modernization and development program for the shipyard at the port of Portorož.

TRANSPORTATION

Assogasliquidi-Federchimica, LNG and bioGNL are strategic for the energy transition of shipping and road haulage.

Legora (Uniport): the objective of greater national coordination envisaged by the port reform is positive, but there is concern over the lack of dialogue

ASSOCIATIONS

Legora (Uniport): the objective of greater national coordination envisaged by the port reform is positive, but there is concern over the lack of dialogue

Rome

He underlined that discussion, vision and urgent interventions are needed for the competitiveness of Italian ports.

INTERMODAL TRANSPORT

New measures in Switzerland to promote the shift of freight from road to rail

Bern

They will be introduced to strengthen the new transalpine railway Alptransit and to encourage rail and intermodal transport

SHIPPING

HMM and BGN joint venture for liquefied petroleum gas transportation

Seoul

The new company will charter two new 88,000 cubic meter VLGCs

PORTS

Slight decline in freight traffic in the ports of Barcelona and Valencia in October

Barcelona/Valencia

Container cargo fell by -2.5% at both ports

PORTS

Green light for a new site for sediments from excavations in the Venice Lagoon.

Venice

SHIPYARDS

New expansion in sight for the Greek shipyard in Eleusis

Athens

Financial support from the US International Development Finance Corporation

PORTS

In the third quarter, freight traffic in the port of Hamburg grew by +3%

Hamburg

Container traffic on the rise thanks to increased transhipments

SHIPPING

In the July-September quarter, CMA CGM's revenues decreased by -11.3%

Marseille

Record volumes of goods transported by the container fleet

TRADE

The EU will abolish customs duty exemptions for goods worth less than €150.

Brussels

A temporary solution is being studied to make the measure effective as early as 2026.

SHIPYARDS

BIMCO: Legal disputes threaten to hinder progress in ship recycling industry

London

Over the next decade, 16,000 ocean-going vessels will have to be scrapped, more than double the number of ships scrapped in the decade just ending.

PORTS

Significant resources for the expansion of the port of Bremerhaven, also for military purposes

Bremen

Approved financing of approximately 1.35 billion euros

PORTS

In the July-September quarter, freight traffic in the port of Koper decreased by -4.9%

Ljubljana

Container growth

HMM reports a 23.8% decline in quarterly revenues

SHIPPING

HMM reports a 23.8% decline in quarterly revenues

Seoul

In the period July-September the fleet of the South Korean company transported over one million TEUs (+3.7%)

Hapag-Lloyd's revenues fell by 11.3% in the third quarter.

SHIPPING

Hapag-Lloyd's revenues fell by 11.3% in the third quarter.

Hamburg

The fleet transported more than 3.4 million containers (+6.1%). During the period, traffic handled by HHLA port terminals grew by +4.5%.

PORTS

Salvini signs the nomination of eight more presidents of Port System Authorities

Rome

The Chamber of Deputies approved Consalvo's appointment as president of the Eastern Adriatic Port Authority.

SHIPPING

Evergreen orders 14 14,000 TEU dual-fuel containerships

Taipei

Series of orders also for eight ship-to-shore cranes and other port equipment and for 90,500 containers

SHIPYARDS

In the third quarter, the value of new orders acquired by Fincantieri grew by +44%

Trieste

MSC Cruises orders two more World-class ships from Chantiers de l'Atlantique

CRUISES

MSC Cruises orders two more World-class ships from Chantiers de l'Atlantique

Geneva

The contract is worth €3.5 billion. Delivery will take place in 2030 and 2031.

SHIPPING

Evergreen, Yang Ming and WHL reported negative quarterly financial performances.

Taipei/Keelung

In the period July-September, revenues fell by -36.6%, -42.2% and -35.7% respectively.

PORTS

In the July-September quarter, cargo traffic in Croatian ports decreased by -4.4%

Zagreb

Passengers on scheduled services decreased by 1.5%. Cruise passengers increased by 7.8%.

In the third quarter, Eurogate and Contship Italia port terminals handled 3.6 million TEUs (+15.6%)

PORTS

In the third quarter, Eurogate and Contship Italia port terminals handled 3.6 million TEUs (+15.6%)

Hamburg

Historic traffic record in Wilhelmshaven

PORTS

In the first nine months of 2025, goods in the port of La Spezia increased by +4.5%

La Spezia

Growth of +6.9% at the port of Marina di Carrara

SHIPPING

Finnlines' revenues grew by 3.2% in the July-September period

Helsinki

Record passenger numbers onboard the fleet's ships. Cargo volumes decline.

SHIPPING

Houthi militias announce cessation of attacks on ships in the Red Sea

Riyadh

Letter from the Chief of Staff to the Hamas Qassam Brigades

PORTS

In the third quarter, traffic in the port of Venice decreased by -2.2%

Venice

Miscellaneous cargo is increasing. Bulk cargo is decreasing.

SHIPYARDS

Fincantieri to build ultra-luxury cruise ship for Regent Seven Seas Cruises

Trieste

Order from NCLH worth between 500 million and 1 billion euros

SHIPPING

Today Washington and Beijing suspended their mutual measures against ships

Beijing/Washington

Application of additional taxes postponed by one year

SHIPPING

The Suez Canal was crossed by the largest container ship in the last two years

Ismailia

The transit of the "CMA CGM Benjamin Franklin" on Saturday

SHIPPING

EU shipping emissions hit record levels, T&E reports

Brussels

The association reiterates its proposal to extend the ETS to smaller vessels

PORTS

In September, freight traffic in the port of Ravenna increased by +18.3%

Ravenna

In the third quarter of 2025, growth was +10.6%. A +58% increase in cruises is expected in 2026.

PORTS

In the first nine months of 2025, freight traffic in the ports of the Southern Adriatic system decreased by -7%

SHIPPING

Sea-Intelligence: Marked deterioration in the westbound transatlantic shipping market

Singapore

ACCIDENTS

Last year, 13 seafarers died in accidents involving EU vessels.

Luxembourg

Nine deaths occurred on board fishing vessels

TRANSPORTATION

The European Parliament and the Council have reached an agreement on the calculation of greenhouse gas emissions from transport.

Brussels

Incentives are foreseen for small and medium-sized enterprises

AWARDS

The English port of Shoreham has won the ESPO Award for Social Integration of Ports.

Brussels/Rome

Assoporti received a special mention for its project on gender inequalities.

In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.

SHIPPING

In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.

Copenhagen

Container ship volumes increased by 7.0%. The Danish company highlights the benefits of the VSA Gemini Cooperation.

FREIGHT TERMINALS

The Chamber of Deputies has approved the final text of the proposed law on interports

Rome

Applause from the United Interports Union

TRANSPORTATION

ECSA and T&E welcome the STIP plan presented by the European Commission

Brussels

CER applauds measures to accelerate the development of high-speed rail

PORTS

Only one proposal admitted to the competition for the construction of mooring points outside the protected waters of the Venice lagoon

Venice

It will now have to be developed by the proposing entity

TRANSPORTATION

The European Commission presents the plan to ensure the sustainability of maritime and air transport by guaranteeing the production of the necessary alternative fuels

Brussels

The one to accelerate the development of high-speed rail is also ready

In the third quarter, naval traffic in the Suez Canal grew by +2.5%

SHIPPING

In the third quarter, naval traffic in the Suez Canal grew by +2.5%

Cairo/Ismailia

10.6% increase in transits in September

RAILWAY TRANSPORT

The first freight train opens the new Austrian Koralm railway line.

Villach

The infrastructure is part of the European Baltic-Adriatic Corridor

RAILWAY TRANSPORT

Lineas and FS Logistix have inaugurated the Modalink terminal joint venture.

Antwerp

Five weekly train rotations between Antwerp and Milan

COMPANIES

Marcel Theis will be the new CEO of SBB Cargo International from January 1st.

Olten

He will take over from Sven Flore

PORTS

In October, freight traffic in the port of Ravenna grew by +13.4%

Ravenna

A rise of +14.5% is expected in November

PORTS

The conflict over the Genoa Municipality's additional tax on port boarding fees is escalating.

Genoa

Assarmatori, Assagenti, CLIA, Confindustria Genova and Confitarma will not participate in the technical meeting announced by the mayor.

INFRASTRUCTURE

Bulgaria, Greece, and Romania reach agreement on enhanced cooperation within the Black Sea-Aegean Corridor

Brussels

Acceleration of implementation of transport axis projects expected

PORTS

The Port of Barcelona plans to halve its CO2 emissions by 2030

Barcelona

Private investments of 920 million euros and public investments of 780 million are expected.

SHIPYARDS

Fincantieri reaches agreement with Bahraini ASRY to collaborate in the shipbuilding sector

Trieste

They will evaluate opportunities for the construction of naval vessels and offshore units

PORTS

Salis: The municipal surcharge on boarding fees will not lead to any reduction in traffic.

Genoa

The mayor of Genoa recalls that similar measures have already been activated in other port cities

FREIGHT TERMINALS

In the first year of operation, 750,000 tons of goods passed through the Parma Interporto railway terminal

Parma

Over 800 trains moved

SHIPPING

The five ships put up for sale by Moby were sold for €229.9 million.

Vicenza

A bid equal to the starting price was submitted

PORTS

PSA Italy expects to close 2025 with further growth in container traffic

Genoa

LOGISTICS

Brussels approves African joint venture between MSC and NYK

Brussels

European Commission clears Yusen Logistics' acquisition of Movianto International

NEWS

Port of Genoa fines luxury cruise megayacht Vidantaworld's Elegant

Genoa

Serious violations of European ship recycling legislation found

PORTS

Consalvo appointed president of the Eastern Adriatic Sea Port Authority

Trieste

He is the general manager of Aeroporto Friuli Venezia Giulia Spa

PORTS

Promoting sustainable development and the energy transition process of the Port of Taranto

Taranto

This is provided for in an agreement between the AdSP of the Ionian Sea and GSE

PORTS

The Northern Tyrrhenian Port Authority (APSP) will be in Oran to present its Mediterranean Green Corridors development project.

Livorno

Among the objectives, the consolidation of relations with Algeria

PORTS

The tender for the railway shunting service in the ports of Savona and Vado Ligure has been published.

Genoa

The concession duration is set at 60 months

PORTS

In 2024, passenger traffic in European Union ports increased by +6.2%

Luxembourg

The three ports with the highest traffic volume are Italian

SHIPPING

GSL invests $90 million to buy three 8,600 TEU containerships built in 2010 and 2011

Athens

Youroukos: They are the cash cows of the future

RAILWAY TRANSPORT

RCG launches intermodal link between Bosnia and Herzegovina and the port of Koper

Vienna

The train service to Tuzla is weekly.

PORTS

The Ministry of the Interior announces an inter-ministerial meeting for the early exodus of port workers.

Rome

The goal is to identify a definitive solution within a certain timeframe.

SHIPPING

Christening and delivery of a new PCTC of the Grimaldi Group

Naples

The "Greater Istanbul" has a cargo capacity of 9,241 CEUs

SHIPPING

GNV strengthens its ferry service on the Naples-Palermo route.

Genoa

By December 19, the capacity on the line will increase to over 6,000 linear meters

PORTS

The Marseille-Fos Port Authority will invest €1-1.3 billion by 2029.

Marseille

Agreement with MSC for the expansion of the Fos 2XL container terminal

PORTS

Port workers are holding a demonstration in Rome today to demand the establishment of a Fund to support the exodus.

Rome/Genoa

MEETINGS

The general assembly of the Sustainable Intermodal Logistics Association will be held tomorrow in Rome.

Rome

The meeting at the Auditorium Parco della Musica

PORTS

Cisl and Fit Cisl Savona, for Vado Gateway 2025 has proved to be a substantially positive year

Savona

Seeking opportunities with the reopening of the Suez Canal and the recovery of some markets

PORTS

In the first nine months of 2025, freight traffic in the port of Tanger Med grew by +14.9%

Anjra

118 million tons of cargo moved

SEAFARERS

Assarmatori welcomes the new regulations, which are very important for shipping companies and maritime workers.

Rome

SEAFARERS

Zanetti (Confitarma): The Simplification Decree offers more modern tools to our businesses.

Rome

Listen - he underlined - to the needs of our industry

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

SAILING LIST

Visual Sailing List

	Departure ports
	Arrival ports by:
	-	alphabetical order
	-	country
	-	geographical areas

SEAFARERS

National Maritime Fund: The House of Representatives approved the legislation.

Genoa

D'Amato: Measures expected for our seafarers and the competitiveness of the national fleet

NEWS

Potassium permanganate seized at the Port of Genoa as part of the fight against drug trafficking.

Genoa

Operation by the Customs and Monopolies Agency and the Financial Police

SHIPYARDS

Fincantieri cancels orders for four U.S. Navy frigates

Trieste

Further orders are expected for the construction of new classes of naval units

PORTS

The Northern Tyrrhenian Port Authority met with the port cluster to discuss the new sustainability report.

Livorno

EDUCATION

The Italian Merchant Marine Academy celebrates its first 20 years

Genoa

During this period, 3,660 students from all over Italy graduated.

FINANCING

Crédit Agricole Italia financed the construction of the Grande Tianjin ship for Grimaldi Euromed.

Naples/Parma

SHIPPING

Hapag-Lloyd expects next 45% increase in EU ETS surcharge

Hamburg

The Emissions Trading System will enter into full force on January 1st.

SHIPYARDS

European Commissioner Tzitzikostas visited the Monfalcone shipyard

Trieste

Upcoming measures announced to strengthen the sector's competitiveness, resilience, innovation, and technological leadership.

SHIPYARDS

The trial against Damen for alleged corruption and sanctions violations begins today

Amsterdam

The company expresses disappointment with the protracted investigation and anticipates a lengthy legal battle.

PORTS

AD Ports Group has acquired a 19.3% stake in Egypt's Alexandria Container & Cargo Handling Co.

Cairo/Abu Dhabi

Saudi Egyptian Investment Company's share purchased

SHIPPING

Corsica Sardinia Ferries has purchased the Stena Vision ferry

Vado Ligure

It will be renamed "Mega Serena"

PORTS

In 2024, the turnover of the main Italian port container terminals grew by +8.1%

Milan

Traffic increased by +3.4%

PORTS

Work has begun to increase container traffic capacity at the port of Thessaloniki by 40%.

Thessaloniki

The expansion of Pier 6 will be completed in 40 months

NEWS

A precautionary seizure of over €100 million has been ordered against Liberty Lines.

Trapani

RAILWAY TRANSPORT

BLS Cargo urges Switzerland to exert tangible pressure on German rail infrastructure stakeholders.

Bern

The company denounces the dire situation of transalpine rail freight transport. Further incentives requested.

PORTS

Livorno is confident in the additional one hundred million euros promised by Salvini to build the Darsena Europa.

Livorno

Salvetti: I asked how we intend to proceed with the future assignment to private individuals who have expressed interest.

PORTS

The Chinese embassy in Greece responds to alleged American ambitions in the port of Piraeus.

Athens

Beijing speaks of a Cold War mentality and a hegemonic logic

INTERMODAL TRANSPORT

The procedure for requesting access to the third year of the Sea Modal Shift grant has been activated.

Rome

Applications must be submitted by December 17th

CRUISES

US cruise group Viking reports strong quarterly performance growth

Los Angeles

The July-September period closed with a net profit of 514.0 million dollars (+35.4%)

ASSOCIATIONS

Guido Pietro Bertolone is the new president of Fedit

Rome

He takes over from Giuseppe Cela, outgoing president and currently head of Fedit Servizi

PORTS

Latrofa (AdSP Lazio): the ZLS will make our ports even more attractive for investors, logistics operators, and businesses.

Civitavecchia

The tool - he highlighted - can lead to a qualitative leap in terms of logistical and industrial competitiveness

PORTS

Container traffic continued to decline at the ports of Los Angeles and Long Beach in October

Los Angeles/Long Beach

Cordero: Consumers will likely see price escalation in the coming months

ASSOCIATIONS

Pasquale Legora de Feo has been confirmed as president of Uniport

Rome

New Technical Commission for "Cruises and Passengers" established

PORTS

The expansion of the Suez Canal Container Terminal was inaugurated on Sunday.

Port Said

Capacity increase of 2.2 million TEUs per year

LOGISTICS

Katoen Natie to acquire 80% of French firm Bils-Deroo Solutions

Luxembourg

The logistics company has nearly 1,500 employees

SHIPPING

Danaos Corporation closed the third quarter with a net profit of $130.6 million (+6.2%)

Athens

Revenues up 1.8%

INFORMATION TECHNOLOGY

In the first nine months of 2025, Circle's production value increased by +80%

Milan

As of September 30, the value of the group's multi-year backlog had grown by +66%.

PORTS

APM Terminals to build and operate Laldia Container Terminal at Chittagong Port

Dhaka/The Hague

30-year concession contract signed

SHIPPING

MPCC orders four new 4,500 TEU containerships from China

Oslo

The contract unit price is $58 million.

PORTS

In October, the port of Singapore handled 31.2 million tonnes of containerized cargo (+1.0%).

Singapore/Hong Kong

In the port of Hong Kong, traffic amounted to 1.1 million TEUs (-6.9%)

LOGISTICS

DHL Group revenues decreased by 2.3% in the third quarter

Bonn

Net profit was 888 million euros (+9.5%)

SHIPYARDS

Fincantieri and KAYO sign agreement for the construction and maintenance of military vessels in Albania.

Trieste

PORTS

CMA Terminals (CMA CGM Group) to acquire 20% of Container Terminal Hamburg

Marseille/Hamburg

Agreement with the German Eurogate

PORTS

The Municipality of Civitavecchia denounces that the Fiumicino cruise port project undermines the foundations of the law on ports

Rome/Civitavecchia/London

The project - Cruise Terminals International underlines - will be a pillar of the sustainable development of Fiumicino

NEWS

Over 175 kilos of cocaine seized at the port of Gioia Tauro.

Reggio Calabria/Cagliari

Over 8,500 counterfeit items intercepted at Cagliari's Porto Canale

SHIPPING

Global Ship Lease reports record quarterly revenue again

Athens

Youroukos emphasizes the solidity and excellent prospects of the small and medium-sized containership market

PORTS

In the third quarter, Montenegro's ports handled 675 thousand tons of goods (+4.1%)

Podgorica

80.0% growth in cargoes to Italy

MARITIME SERVICES

Svitzer acquires 66.6% of Norwegian towing company Buksér og Berging

Copenhagen

It has a fleet of approximately 35 tugboats and 25 pilot boats

SHIPYARDS

The keel-laying ceremony for the new oceanographic vessel Arcadia took place in Piombino.

Piombino

Construction entrusted to T. Mariotti

PORTS

The Management Committee of the Central Adriatic Port Authority has approved the 2026 budget forecast.

Ancona

An administrative surplus of 32.2 million is expected

CRUISES

Cruise passenger traffic at GPH terminals stable in the summer quarter

Istanbul

1,503 stopovers were recorded (+9.6%) for a total of 4.66 million passengers (+0.8%)

MEETINGS

The UNIPORT public meeting will be held in Rome on November 19th.

Rome

Among the topics at the centre of the meeting was the port system reform project.

SHIPPING

Ocean Network Express establishes its own shipping agency in Greece

Singapore

It will take over the activities of the ENA Shipping Agency

SHIPPING

Regional Container Lines orders two new 14,000 TEU containerships from KSOE

Bangkok/Seongnam

SHIPPING

MSC includes calls at Bremerhaven, Limassol and Beirut in the Levante Express service

Geneva

The line connects Northern Europe with the Mediterranean

PORTS

AD Ports to acquire 20% stake in Latakia International Container Terminal

Abu Dhabi

Agreement with the CMA CGM shipping group

PORTS

The Eastern Liguria Port Authority approves the 2026 budget and three-year plan.

La Spezia

The decree has been signed to begin construction on the new high-voltage electricity grid in the port of La Spezia.

PORTS

A new SDC Customs Service Containers warehouse has opened in Porto Marghera.

Venice

It will be used for the storage and movement of goods at room temperature

COMPANIES

Moby is selling five ferries at a starting price of €229.9 million.

Vicenza

Sale and lease-back agreement expected for two of the vessels

SHIPPING

d'Amico International Shipping's quarterly financial results decline

Luxembourg

Mottola Crossbow: The fundamentals of the tanker industry remain solid.

COMPANIES

ICTSI posts record quarterly financial and operating performance

Manila

In the period July-September, container traffic in the group's terminals grew by +12.3%

COMPANIES

Denmark's DFDS to cut 400 jobs

Copenhagen

The group is looking for a new CEO. Record revenues were recorded in the July-September quarter.

PORTS

Italian Ports:

Ancona

Genoa

Ravenna

Augusta

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

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

The National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres

Rome

It will be held on December 3rd in Rome

››› Meetings File

PRESS REVIEW

Three UAE Firms Eye Investment In Kenya's Port, Renewable Energy, And Shipping Projects

(Capital FM Kenya)

Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December

(The Business Standard)

››› Press Review File

FORUM

of Shipping
and Logistics

ASSITERMINAL

Intervento del presidente Tomaso Cognolato

Roma, 19 giugno 2025

››› File

LOGISTICS

CEVA Logistics has completed the acquisition of Turkey's Borusan Logistics.

Marseille

Operation worth 383 million dollars

LOGISTICS

1,100 cars from the Chinese car manufacturer Dongfeng were unloaded in the port of Livorno

Livorno

Traffic is managed through the "Il Faldo" logistics area operated by XCA

TRUCKING

Assiterminal, the MIT note clarifies that the 90-minute grace period applies only to waiting times

Rome/Genoa

Ferrari: The Conference of Port Authority Presidents could consider a sort of national program agreement.

COMPANIES

Harren assigns a single brand to its heavy lift companies

Bremen

The fleet of 80 vessels will be operated under the single SAL brand.

SHIPPING

Wallenius Wilhelmsen's revenues fell by 2% in the third quarter.

Lysaker

Net profit was $280 million (+8%)

PORTS

ESPO has presented its new annual environmental report

Brussels

Climate change remains the top priority for European ports to address

PORTS

Over €60 million from the PNRR for the ports of Naples and Salerno

Rome

Rixi: Let's make more effective use of European resources and accelerate the implementation of strategic projects.

EDUCATION

Agreement between Escola Europea and DLTM to promote international mobility and maritime training

La Spezia

Synergies between the Ligurian maritime cluster and the port and training community of Barcelona

SHIPPING

CMA CGM to register ten new 24,212 TEU containerships in the French International Register

Marseille/Copenhagen

The company will take delivery of them starting from 2026

LOGISTICS

UPS has completed its acquisition of Canada's Andlauer Healthcare Group.

Atlanta/Toronto

Operation worth 1.6 billion dollars

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