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BRIEFS
September 23, 2011
The Business Timesweb site
Shipping News
  • Somali pirates preparing for fresh raids
    Somali pirates are preparing for a new raiding season, taking advantage of the calmer seas after the monsoon period, as their ties with Islamist rebels come under closer scrutiny.

Sched Netweb site
  • S&P downgrades Hapag-Lloyd outlook to negative, but retains BB+ rating
  • Asia-US spot rates decline 5.6pc to US$1,561 per FEU, says Drewry's
  • US and China enter trade row over chicken, US reefer exports hit hard
  • Zim follows Hapag-Lloyd, drops Nhava Sheva and diverts to Mundra
  • Moody's downgrades Kuala Lumpur's MISC rating, issues negative outlook
  • Hamburg Sud names 7,100-TEU Santa Catarina, fifth of 10 same-size ships
  • Chongqing's Cuntan bonded port area trade value hit US$5.6 billion
  • Maersk agrees to invest in Indonesian port infrastructure
  • US Great Lakes cargo up nearly 3.7pc in August, Seaway volume up 21pc in July
  • Prologis expands in Japan with new 38,100-square metre facility
  • US Navy names first catamaran troop/cargo carrier that cruises at 35 knots
  • DHL opens offices in Wenzhou, Zhengzhou, Zhejiang, Xuzhou, Huizhou
  • IATA upgrades June profit forecast upward on passengers, but cargo unsteady
  • Cargolux rejects next generation B747-8F due to 'contractual issues'
  • Air China inaugurates Wuhan-Tokyo flights, new terminal under construction
  • UPS to invest US$200 million in Cologne/Bonn Airport hub expansion
  • Boeing pitches Dreamliners to China in bid to keep 50pc plus market share
  • Cargo airlines look to proposed night flight ban in Frankfurt with despair

Exim Indiaweb site
  • AMTOI unanimously elects office-bearers for 2011-12
  • GE Shipping takes delivery of Kamsarmax dry bulk carrier
  • Transworld Group holds trade get-together in Gandhidham
  • Vallarpadam ICTT receives first export box rake from ICD-Tuticorin
  • Na jaane kyon, hota hain yeh zindagi ke saath...
  • Prithviraj Chavan to attend Indo-German Chamber of Commerce AGM today

International Transport Journalweb site
SEPTEMBER 22, 2011
  • Bids invited for new international airport in Rwanda
    The Rwandan government is inviting bids to design, build, finance, maintain and operate Bugesera international airport under a 25-year concession agreement. The first phase of the ...
  • Panalpina upgrades to latest generation B747-8 cargo aircraft
    Basel-based Panalpina, one of the world's leading providers of supply chain solutions, and Atlas Air have signed a new multi-year ACMI contract for two cutting-edge technology B747...
  • USD 20 million earmarked for US rail projects
    Secretary of transportation Ray LaHood announced that eight cities and states will share USD 19.4 million to replace, relocate and improve segments of railroad track in order to en...
  • USD 54 million loan to rebuild Boulder-Denver highway
    The US transport department has awarded a USD 54 million loan to help pay for two additional lanes and the reconstruction of highway US 36, bringing congestion relief to drivers in...
  • Gebrüder Weiss introduces first gas-fuelled lorry in Vienna
    The transport and logistics service provider Gebrüder Weiss is now operating its first gas-fuelled lorry converted to a dual-fuel drive at its Maria Lanzendorf (Vienna) site. The 4...
  • Martinair Cargo C2K certified
    Martinair Cargo, a subsidiary of the Air France-KLM group, received its C2K (Cargo2000) certificate during the Cargo2000 membership meeting in Hong Kong in September. Cargo2000 is ...
  • APM Terminals wins 2011 global safety award
    APM Terminals was named winner of the 2011 Lloyd's List Global Safety Award at the annual industry awards held in London. In 2010 APM Terminals continued to make significant safety...
  • NYK volunteers to assist in Japanese earthquake area
    NYK will send employees to areas of Japan devastated by an earthquake and tsunami. For three months from 4 October, NYK will seek about 120 volunteers to assist in necessary activi...
  • James Weynand appointed executive VP of Ceva Logistics
    Ceva Logistics, one of the world's leading supply chain companies, recently named James A. Weynand as executive vice-president of the company's technology division. Weynand joined ...
  • Maersk and Rickmers-Linie form US partnership
    Maersk Line and Rickmers-Linie (America) recently entered into a partnership to provide breakbulk and project cargo shipping in the USA, using two newly-built multipurpose ships, w...
  • Kombiverkehr wins port of Kiel combined cargo traffic award
    Ingolf Kästner, head of international traffic at Kombiverkehr, has won an award from the port of Kiel for his exceptional commitment to linking the port of Kiel to combined rail/sh...
  • New offices to accelerate Greencarrier's expansion in China
    The Swedish logistics specialist Greencarrier, which has in recent years expanded substantially in the Nordic countries and the Baltic states, is continuing to create a network of ...
  • Wim Bosman now rebranded as Mainfreight
    After the acquisition of the Dutch Wim Bosman Group by New Zealand logistics group Mainfreight, the existing air and ocean freight offices in Belgium and the Netherlands will conti...
  • Transmec UK new Bifa member
    Following the opening of a new sea freight department in Redditch, Transmec UK has joined the British International Freight Association (Bifa), the leading body representing the UK...

Marine Logweb site
SEPTEMBER 22, 2011
  • Tidewater warns that second quarter revenues will take a hit
  • ACL names Robert Blocker Senior VP Sales and Customer Service
  • U.S. Coast Guard orders more response boats from Marinette
  • Compagnie du Ponant orders third mega-yacht from Fincantieri
  • GD to acquire Metro Machine Corp
  • Great Lakes Shipyard wins tugboat orders worth $23 million

World Wide Shipperweb site
SEPTEMBER 22, 2011
  • DOT funds heading to Washington rail projects
  • NOAA survey vessel charting Alaskan sea floor
  • Port of Coos Bay warns public to be wary around railroad tracks
  • AAPA presents honors at Seattle awards luncheon
  • Saudi Arabia helps fund IMO battle against piracy

Lloyd's Listweb site
SEPTEMBER 22, 2011
  • Wind of change blows through South Africa
    Rise of China and India fuels debate over nation's natural resources
  • UK recovery stalls on exports slowdown
    As export orders from abroad decline amid continuing weak demand in UK domestic markets, the possibilities of growth are virtually non-existent
  • Politics meets reality
    Repsol's controversial deal to drill for oil off Cuba requires a joint US-Cuban spill response
  • Drilling in Cuban waters raises spectre of disaster
    Environmentalists are keenly aware of the short distance across the Florida Straits to Cuba, where Repsol will be drilling for oil
  • BOEMRE places blame for Deepwater Horizon on BP
    Faults some of Transocean crew's actions and training but largely blames blowout on BP
  • Onboard chefs to get a makeover
    Sea-Chefs project defines an international standard that aims to raise the quality of cooking on board
  • Mitropoulos will be a hard act to follow
    IMO chief's farewell tour continues with a speech at the ICS/ISF International Shipping Conference
  • FMC to probe routing of cargo via Canada to avoid harbour maintenance tax
    Regulatory chief says US port infrastructure suffering
  • Greek owners in fresh boxship buying surge
    Technomar Shipping widely reported to have snapped up four OOCL ships, but deal awaits confirmation
  • Electronic Shipping Solutions joins SWIFT to speed up financing
    Talks already in progress about synchronising digitised letters of credit with ship documents
  • International Group revises documentation
    Changes needed to keep pace with threat of piracy
  • SinOceanic director resigns as company seeks DnB NOR financing
    Possible conflict of interest forces bank vice-president Anne Øian to step down from role
  • IUMI calls for new definition of ships
    Interchangeable definitions 'a can of worms' for insurers
  • Dry bulk demolition figures to surpass 20m dwt forecasts made earlier in 2011
    Almost 17m dwt has already been sold for recycling this year as ageing capesizes continue to head to breakers' yards
  • Gasoline arbitrage breathes new life into MR product tanker market
    Earnings almost treble in a week on an influx of cargoes into US
  • Small increase in UK port throughput
    Felixstowe keeps lead but total figure is up only 2%
  • Great Lakes Shipyard wins $23m tug order from Seacor affiliate
    Delivery expected in 2013 as Caribbean Tugz earmarks vessels for charter at Hovensa Oil Refinery
  • Lines pull capacity off the Pacific as China manufacturing declines for third month
    Cutting of Central China to Long Beach route makes early close of peak season official
  • BW sells single-hull VLCCs for scrap
    Brokers report Indian breakers paying $38m for two vessels in shift from Chittagong yards
  • Diana seals four-year charters for newcastlemax newbuildings
    Simeon Palios-led dry bulk owner estimates $48.6m in revenues from EDF Trading deal
  • Early adopters of SOx emission rules given lifeline
    Brussels working paper highlights permissible national measures to help shipowners meet 2015 ECA challenges
  • Newlead triggers Nasdaq market value and share price notices
    Greek owner resets release of second-quarter results for next week
  • Brokers' failures to cite vessel numbers does not add up
    IMO number meant to combat fraud and enhance safety is ignored when placing risks
  • LNG carrier owners face steady rates until at least 2014
    Oslo-based broker forecasts positive rates for three years, but unable to predict longer-term shipping market
  • ICTSI implements radiation detection
    US megaports initiative aimed at stopping illegal radioactive shipments
  • LNG sky is not falling
    Pessimism over the market's future looks overdone
  • Tui Cruises looks poised to announce first newbuilds order
    Reports suggest two vessels of up to 98,000 gt and providing 1,350 cabins
  • African ambition
    African Development Bank says Chinese commerce is "imbalanced, concentrating on a small number of countries"
  • AET sued by fishermen over 2010 spill
    MISC tanker arm faces claim for loss of earnings which could total $3.5m
  • Hyundai Heavy nabs another drillship
    Latest Noble Drilling ship brings total order of four to over $2bn

Fairplayweb site
SEPTEMBER 22, 2011
  • FMC to look into US-Canadian port friction
    FMC CHAIRMAN Richard Lidinsky is acting on concern that US-bound box cargo is being unfairly diverted through Canadian ports
  • Bulker in limbo off breakers
    BANGLADESH is continuing to refuse scrapping entry for the bulker Asia Union, French green group Robin des Bois told Fairplay today
  • Pennsylvania chips in for Delaware deepening
    PENNSYLVANIA is kicking in $15M to continue deepening the Delaware River, the state's governor affirmed
  • Why box sector should fear debt crisis
    EUROPE'S box ship operators would bear the fallout if the eurozone debt crisis implodes, Macquarie Research said today
  • BIMCO hails Capesize scrapping
    TOTAL tonnage of drybulk carriers sold for scrap could hit 25M dwt this year, BIMCO's Peter Sand said today
  • Dongbu and STX to develop Colombian coal exports
    TWO OF South Korea's largest shipping conglomerates have signed a deal to set up a Colombian coal scheme that could affect the choice of port sites, IHS McCloskey reported today
  • Prospects improving for Suezmax uptick
    SUEZMAX tanker rates are extending recent gains, providing good prospects for a further uptick, brokers and shipping analysts are signaling
  • Firming rates seen as Capeside bulker trend
    CAPESIZE bulker rates extended recent gains, spurring analysts and brokers to spot an upward trend across the segment
  • Relief seen for Panamaxes
    PANAMAX owners can expect better rate better support in 4Q2011, a shipping research chief told Fairplay today

The Journal of Commerceweb site
SEPTEMBER 22, 2011
  • Lehmkuhl Named President at Con-way Freight
    Con-way named W. Gregory Lehmkuhl president of less-than-truckload carrier Con-way Freight, replacing John Labrie, who left the company in August...
  • South Carolina Ports Launch Clean-Truck Program
    The South Carolina State Ports Authority launched a voluntary program to help truck owners replace older trucks with newer, cleaner...
  • Martin-Brower Expands Global Distribution Network
    Food logistics giant Martin-Brower is acquiring the distribution assets of Keystone Foods, adding distribution centers in the U.S., Europe, the...
  • Transport Executives Rank Among World's Richest
    The nation's wealthiest transportation mogul didn't make her money on trucks, trains or planes, but by operating barges and distributing...
  • Grain Terminal Prepares To Open Amid Protests
    Grain terminal operator EGT in Longview, Wash., received a 110-car rail shipment of wheat, moving the site closer to opening...
  • Savannah Becomes No. 2 US Container Exporter
    The Port of Savannah this year became the second biggest container export port in the U.S. on a tonnage basis,...
  • Intermodal Traffic Reaches New 2011 High
    Intermodal traffic on major North American railroads hit its highest weekly volume so far this year in the week ending...
  • FedEx Makes Big Gains on Ground
    Strong performances by its package delivery and industrial trucking divisions gave FedEx lift lacking in its international air operations in...
  • MSC Boosts Southeast Asia-Australia Rates
    Mediterranean Shipping Co. raised rates for all cargo from Thailand, Indonesia, Vietnam, Malaysia and Singapore to Australia. The world's...
  • Freight CEOs Press Congress on Infrastructure
    A high-powered group of CEOs from the some of the biggest names in the U.S. freight sector told leaders of...
  • FedEx Cuts Forecast, Warns of 'Sluggish Growth'
    FedEx's net profit rose 22 percent to $464 million in its June-August quarter, but the world's largest air cargo carrier...
  • Going the Extra Mile
    When is a mile less than 5,280 feet? When it's part of a trucker's paycheck. Although most long-haul truck...
  • 'Severe Change' Needed
    Crete Carrier, which also owns Shaffer Trucking and Hunt Transportation, switched its pay from shortest route to practical miles in...
  • Customs' New Trade Facilitator
    Allen Gina, head of Customs and Border Protection's Office of International Trade, wants the business of importing goods to be...
  • Death Before Taxes?
    Grover Norquist doesn't know the ins and outs of motor fuel taxation, but he adamantly opposes any increases in them....
  • FTR Associates Forecasts Higher Truck Rates
    Shippers hoping that truck rate increases might fall in the face of an uncertain economy are likely to be disappointed,...
  • Passenger Rail Funds Boost PNW Port Project
    The Port of Vancouver, Wash., can now tap into $15 million of intercity passenger rail funds to help build a...
  • Port Tech Companies Invited to India Trade Mission
    The Commerce Department is inviting port and maritime technology companies to apply for a trade mission to India Feb. 16...
  • Court Won't Rehear Horizon Stockholders' Suit
    A federal appeals court refused to rehear an unsuccessful lawsuit filed on behalf of Horizon Lines shareholders who accused company...
  • Maersk Hikes Asia-New Zealand Rates
    Maersk Line will implement a general rate increase on shipments moving from Asia to New Zealand, starting Oct. 15. ...
  • France's SNCF Railroad Loses Key Contract
    France's state-owned SNCF Fret lost a major contract with a long standing customer to private operators, jeopardizing the rail cargo...
  • MOL Logistics Expands in 12 African Countries
    MOL Logistics (Japan) expanded its network in a dozen Africa countries by signing a contract with an undisclosed freight forwarder....
  • Atlas Cancels Orders for Three 747-8 Freighters
    Atlas Air handed Boeing and the aircraft manufacturer's troubled 747-8 freighter program its second major setback in a week, canceling...

Containerisation Internationalweb site
SEPTEMBER 22, 2011
  • Baltic coverage improved
  • FMC slates October meeting to launch study on cargo diversion
  • TSA shifts leadership to committee as Chairman Kim's tenure expires
  • IMF downgrades MENA growth prospects
  • Global stocks tank on Fed warning

TradeWindsweb site
SEPTEMBER 22, 2011
  • SapuraCrest splashes cash
    Malaysian offshore support vessel owner inks $227m newbuilding deal with Chinese yard.
  • Fisher survives the cut
    Goldman Sachs clings to jewel of its shipping & transport team but fate of research portfolio remains uncertain.
  • Eimskip pens pair
    Rongcheng Shenfei Shipbuilding sinks its teeth into Icelandic owner's $50m newbuilding order.
  • Goldman stuns the Street
    Investment bank drops Genco, Diana and DryShips as transport analyst exodus unhinges equity research regime.
  • Sheriff steps it up
    Ship arrests in the Lion City have risen by 30% this year as banks play tough.
  • Scrapping could set record
    Prospect of bumper crop of fleet deletions holds out hope for beleaguered dry bulk owners.
  • Nasdaq rings NEWL alarm
    Struggling Greek owner's plummeting share price raises red flags in Times Square.
  • Recanati bags OSG shares
    Founder's son buys an extra $4.7m shares in New York-listed tanker owner.
  • EDF grabs Diana pair
    Simeon Palios-led drycargo owner nets charters worth $50m for newbuildings slated for delivery next year.
  • Chevalier checks in two
    Dutch accommodation specialist bags two vessels for offshore market in western Europe.
  • Offers in for Altona
    Asian and European owners come in for Hartmann multipurpose that suffered a uranium spill off Canada.
  • Marco repeats barge trick
    Singapore-listed offshore outfit secures another round of newbuildings but OSV deals remain elusive.
  • India is nuts for cabotage
    State province aims to shift cargoes from road to ship to help ailing cashew industry.
  • Latsis drops dry punt
    Latsis controlled Consolidated Marine swaps Hyundai Mipo kamsarmax brace for MR tankers, it is claimed.

American Shipperweb site
SEPTEMBER 22, 2011
  • Newest commissioner
    Cordero: Demurrage fees deserve FMC attention The U.S. Federal Maritime Commission could help shippers find a solution for demurrage charges associated with containers held at the dock for Customs inspections, Mario Cordero, the independent agency'...
  • Strategic view
  • TSA now headed by committee, not chairman
    The Transpacific Stabilization Agreement said it is being led by a executive committee instead of a chairman. The discussion agreement said the change was made on July 1 after expiration of the 18-month term of TSA Chairman Y.M. Kim, who is presid...
  • More funds for inland waterways sought
    Shippers and barge executives called for more money for modernization of locks and dams on the nation's inland waterways, to speed up projects, and an end to wasteful spending, at a hearing before the House Committee on Transportation and Infrastru...
  • U.S. DOT grants $19.4 million to short lines
    The Federal Railroad Administration last week awarded grants totaling $19.4 million to help eight states and local governments relocate and upgrade rail lines. The Rail Line Relocation program assists projects that improve community livability and...
  • Gotay leaves MarAd
    The U.S. Maritime Administration said that Orlando Gotay, the deputy maritime administrator, has left his job at the agency. Gotay was sworn in as Deputy Maritime Administrator on June 2010. He joined the MarAd as senior advisor for maritime policy...
  • Cascades rail line gets improvement funds
    The U.S. Transportation Department on Wednesday released $31.1 million to Washington State to improve intercity passenger and freight rail service on the Cascades line. The amount is further broken down as follows: - Pacific Northwest Corridor will...
  • Hunters warned to stay off tracks
    Union Pacific Railroad warned hunters to avoid hunting on railroad property. "Wildlife will migrate and feed along the edges of freshly harvested fields, making these areas prime hunting spots," the railroad said. "With many fields adjacent to Unio...
  • Cordero: Demurrage fees deserve FMC attention
    The U.S. Federal Maritime Commission could help shippers find a solution for demurrage charges associated with containers held at the dock for Customs inspections, Mario Cordero, the independent agency's newest member, said Monday. Terminal operat...
  • Cordero: Demurrage fees deserve FMC attention
    The U.S. Federal Maritime Commission could help shippers find a solution for demurrage charges associated with containers held at the dock for Customs inspections, Mario Cordero, the independent agency's newest member, said Monday. Terminal operat...

The Bunker Bulletinweb site
SEPTEMBER 22, 2011
  • Significant milestone for renewable diesel
    Plant can make flexible use of almost any vegetable oil or waste fat in the production of premium-quality renewable diesel.
  • KPI Bridge Oil celebrates 40 years of service
    Venture quickly proved to be so successful that the two companies were merged to officially form KPI Bridge Oil.
  • Fujairah prices move downward
    Tight availability was reported by market players.
  • Drifting barge now 'under control'
    'Everything's fine now.'
  • Sulphur caps 'crucial' for health of Baltic Sea region
    Minister repeats government's commitment to ECA timetable.
  • Bunker markets drop in Northern Europe
    "It's been awhile since I have seen the market fall as quickly as it has done this afternoon."
  • Authorities fine cruise line for breaching sulphur rules
    Disney Cruise Line vessel contravenes EU sulphur directive.
  • Fuel oil stocks at 10-week low
    'Limited arbitrage' sees stocks drop 11% in seven days.
  • External: Wired Bunkering
  • CLIA developing ECA compliance tool
    Cruise industry exploring potential for innovative science-based equivalence methodology that would not compromise public health benefits.
  • Bunker player details five-year investment plan
    BFC will focus on upgrading its fleet.
  • Price of bunkers take dip at major ports
    Supplies of bunker fuel not an issue at key Asian ports on Thursday.
  • US military authorises bunker purchases in 'open market'
    Purchase of marine fuel to be done via military's Ships Bunker Easy Acquisition (SEA) Card.
  • East Asian bunkering operations resume after typhoon passes
    Traders in Japan warn of bunker delivery delays in the next few days.
  • Fuel oil stocks in East China up 31.4%
    Volumes at 460,000 mt for the week ended September 21, 2011.
  • 'Key' to bunker business is 'dependable good supply'
    NuStar seeks expansion in a 'very low risk' way, says CEO.

›››File
FROM THE HOME PAGE
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
Ghio (PD) denounces that the governing bodies of this new company would be appointed entirely by the government. Ghirra (AVS): The objectives of national coordination could have been achieved by strengthening the National Conference of Port Authority Presidents.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
Unexpected decline in European intermodal traffic in the first quarter of 2026
Brussels
UIRR: Infrastructure chaos caused by construction sites interrupting railway lines
Hanseatic Global Terminals acquires remaining 50% of Hanseatic Global Terminals Aracruz
Rotterdam/Aracruz
The company is building the new Brazilian container port of Imetame
Conftrasporto: The Ports Bill highlights clear operational, financial, and regulatory compliance issues.
Rome
Russo: the competences of Ports of Italy would overlap with those of the Port System Authorities, the Ministry of Transport and the Art
WoodMac believes decarbonisation rules could have a major impact on LNG-powered vessels
Edinburgh
According to the company, European regulations would put ships with DFDE engines out of the market
French MN will transport Avio's Vega C launcher between Italy and South America
Nantes
The French company will equip itself with a new vessel designed specifically for the transport of space equipment
EU methodology for calculating greenhouse gas emissions from transport services comes into force
Brussels
The system is based on the international standard EN ISO 14083:2023
The container ship MSC Sariska V was hit by two shells in the Persian Gulf on Monday.
Geneva/Rome
All crew members were unharmed.
In the first quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.8%
Bremen
Containers amounted to 1,245,515 teu (+4.4%)
MSC acquires 51% stake in Pivdennyi container terminal (Odessa)
Odessa
It has a traffic capacity of 400 thousand TEUs per year.
The IMO Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea will enter into force on 19 November 2027.
London
Dominguez: a long-awaited achievement, which fills an important gap in the international regime
In April, ship transits through the Suez Canal increased by +13.9%
In April, ship transits through the Suez Canal increased by +13.9%
Cairo
In the first four months of 2026, an increase of +12.1% was recorded
In the first quarter, freight traffic in the port of Naples fell by -5.3%, while in Salerno it grew by +6.4%.
Naples
Container throughput in the two ports was 167,433 teu (-3.5%) and 101,509 teu (+7.8%) respectively.
Kerdjoudj (Feport): With the revision of the EU ETS, part of the proceeds should be allocated to ports.
Brussels
Call to carefully evaluate the risk of relocating transhipment traffic
With the new COSCO-PTP terminal, the port of Tarragona relaunches itself on the container market.
Tarragona
Construction work is expected to be completed in 2028 when the terminal will have a capacity of 680,000 TEUs.
In 2025, Egyptian ports set their new all-time container throughput record
Alexandria, Egypt
Strong growth in transhipment volumes, which had remained stable in 2024
The national contract for port mooring and boatmen has been renewed.
Rome
Filt-Cgil strengthens a regulatory framework essential for the sector
A study explains how to make the use of OPS facilities in European ports more attractive and effective.
Brussels
Clearer and more comparable tariffs are also needed.
Federlogistica calls for amendments to the port governance bill.
Genoa
Falteri: the new structure must guarantee the Port System Authority adequate financial resources and effective operational tools.
ESPO calls for EU ETS amendments to ensure the competitiveness of European ports.
Brussels
The negative impact on short sea shipping was also highlighted.
New measures adopted in Switzerland to strengthen the competitiveness of the maritime flag
Bern
A Swiss shipowner will be able to fly the Swiss flag even if the owning company is based abroad
Sea trials of the second cruise ship built in China have concluded.
Shanghai
The Adora Flora City will make its maiden voyage departing from the port of Guangzhou on November 22nd.
In the first quarter of 2026, the value of G20 freight traffic recorded a quarterly growth of +5.3%
Paris
Mitigation of the growth of cargo traffic in the port of Tangier Med
Tangier
In the first three months of 2026, 38.8 million tonnes were handled (+3.2%)
Cargo traffic in Chinese seaports grew by 2.6% in April
Cargo traffic in Chinese seaports grew by 2.6% in April
Beijing
Imports and exports increased by 0.6%. Containers totaled 26.9 million (+4.8%).
Fermerci asks the government for urgent measures to support rail freight transport.
Rome
Railway companies penalized by infrastructure disruptions
Port of Naples, first ship-to-ship LNG bunkering operation on a cruise ship
Naples
Axpo used the cargo barge "Green Zeebrugge"
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
Marseille
Revenues stable, with logistics and other activities offsetting the decline in shipping
The U.S. Supreme Court has reopened the case pitting Havana Docks against Carnival, Royal Caribbean, NCLH and MSC
New International Code of Safety for Autonomous Surface Vessels Adopted
London
It will come into force on July 1st and will be applied on a voluntary basis for at least two years
UIRR: Combined road-rail transport shipments to increase by 1.5% in 2025
Brussels
The association highlighted the disastrous effects on the railway construction sector in Germany.
Fincantieri and Teijin Automotive Technologies sign agreement to develop composite bulkheads for naval applications.
Trieste/Pouancé
Folgiero: We enable the development of lighter and more efficient units
After eight quarters of profits, ZIM reports an operating loss
Haifa
In the first three months of 2026, the volumes of cargo transported by ships also fell sharply (-8.3%)
The US has indicted four Chinese container manufacturers and seven of their executives.
Washington
The arrest of the marketing director of Singamas in France on April 14 was made public.
EU Parliament and Council reach agreement on tariffs agreement between the European Union and the United States
Strasbourg/Brussels
An expiry clause and a suspension clause have been introduced
FFS Cargo Switzerland is reorganizing its single-wagon freight network.
Bern
A reduction of 50 of the current 280 marshalling yards is expected
Le Aziende informano
International Shipping Community to Gather in Genoa for Two Days of Maritime Dialogue and Networking
IMO reports 17% increase in maritime piracy incidents in 2025
London
The most affected area was the Straits of Malacca and Singapore with 122 incidents (+34%).
Hapag-Lloyd and CMA CGM have suspended bookings for maritime shipments to Cuba.
Paris/Frankfurt/Havana
Decision after Trump's expansion of US sanctions
International tender for the new container terminal at the port of Klaipeda will be held by the end of the year.
Klaipeda
It will have an annual traffic capacity of 2.5 million TEUs
ITF calls on governments to dismantle the flag of convenience system once and for all
London
It is - the union denounces - the bad apple at the heart of the exploitation of seafarers
Evergreen's revenues decreased by 21.3% in the first quarter
Taipei
Operating profit and net economic profit fell by -69.5% and -68.8%
Viking Holdings closed the first quarter with a net loss of -54.2 million dollars
Los Angeles
Revenues up 17.5%
In the first three months of 2026, container traffic at Eurokai port terminals grew by +8.9%
Bremen
Increases of 12.7% in Germany and 7.8% in Italy. A decline in the port of Tangier Med.
Norovirus on Ambassador Cruise Line's Ambition cruise ship
Purfleet/Vlissingen
French health authorities have authorized the unit to continue normal operations.
In the first three months of 2026, freight traffic in the Port of Hamburg decreased by -2.0%
Hamburg
Containers amounted to two million TEUs (-1.6%)
Yang Ming and WHL's quarterly financial results continue to deteriorate.
Keelung/Taipei
In the first three months of this year, revenues decreased by -15.1% and -9.3% respectively.
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hamburg
Revenues down 16.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
Seoul
Container segment saw a 7.9% decline and bulk segment saw a 20.1% growth.
Global Ports Holding's cruise terminals recorded record traffic in the first quarter of this year.
Istanbul
Five million passengers almost reached
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
Latrofa has chosen a trusted individual to lead an in-house company within the Lazio Port Authority.
Civitavecchia
The new sole director - he underlined - has been provided with particularly stringent management guidelines
In the first three months of 2026, MPC Container Ships' revenues decreased by -6.4%.
Oslo
Quarterly net income of $40.8 million (-31.8%)
The 2026-2028 Three-Year Operational Plan of the Sardinian Port Authority has been approved.
Olbia
Green light from the Management Committee
The environmental assessment process for the San Antonio Outer Harbor project has been completed.
Saint Anthony
The Viking Mira cruise ship was delivered at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
It has a gross tonnage of 54,300 tons and a capacity of 998 passengers.
In 2025, RINA recorded revenues of over one billion euros (+11%)
Genoa
Net profit up 30%
The new railway bridge has been installed at the Port of Marina di Carrara.
Marina di Carrara
Pisano: A turning point in the port's logistics organization.
Ports, freight terminals, and corridors. Venice and the Upper Adriatic as a gateway to the East.
Venice
This is the theme of the event that will be held on Thursday in Venice
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
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Comparison on the logistical, industrial and infrastructural development of ports
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Estonian State Fleet orders electric-powered ferry from Polish shipyard Crist
Tallinn
Contract worth 49.93 million euros
In April, Spanish ports handled 1.7 million containers (+1.7%)
Madrid
Cruise passengers down by -18.4%
Container traffic in the port of Valencia decreased by 2.5% in April
Valencia
In the first four months of 2026, almost 1.8 million TEUs were handled (+0.2%)
Global Ship Lease posts record quarterly revenues again
Athens
Net profit down 24.0%
International cooperation between the Sardinian Port Authority and the Port of Tangier Ville for luxury yachting
Cagliari
Promotion of an integrated nautical circuit between Sardinia and Morocco
The new first aid medical center has been inaugurated in the port of Gioia Tauro
Gioia Tauro
Among the facilities, a first aid clinic and a CMR ambulance
BPER provides financing to Grimaldi Euromed for fleet modernization.
Milan/Naples
Resources used to partially cover the purchase of the ship "Grande Manila"
ASRY and Priya Blue establish ship recycling yard in Bahrain
Al Muharraq/Alang
First ship destined for dismantling has arrived in the Middle Eastern nation
SAAM Towage orders five new tugboats from Turkish shipyard Sanmar Shipyard
Santiago
They will have a pulling capacity of between 70 and 80 tons
Container traffic at the Port of Long Beach dropped 5.7% last month.
Long Beach/Singapore/Hong Kong
In Singapore, growth of +3.6% was recorded, while in Hong Kong containers decreased by -6.3%.
Carta (Fermerci): Urgent policies are needed to support railway companies.
Rome
In 2025, rail cargo lost approximately 3.5%, in terms of trains/km
Fratelli Neri orders two more new tugboats in Egypt
Ismailia
Contract with the Suez Canal Company for Modern Boats
Container traffic in the port of Barcelona grew by 17.4% in April.
Barcelona/Algeciras
Algeciras port increases by 6.3%.
The Islamabad government has approved the sale of a 30% stake in the Pakistan National Shipping Corporation.
Islamabad
The share will go to the state logistics company NLC which will also assume management control of PNSC
In 2025, the Spanish port system recorded record revenues
Madrid
Pre-tax profit was 349 million euros (+4.2%)
Leapmotor International strengthens its partnership with the Neapolitan Grimaldi shipping group.
Hoofddorp
In the first quarter, approximately 20,000 units were transported from China to the Italian market.
Cruise traffic in German ports reached a new record last year
Wiesbaden
With 1.51 million passengers, growth was +4.1%.
Federazione del Mare joins the celebrations for the International Day for Women in Maritime 2026.
Rome
Mattioli: The maritime economy is losing opportunities and potential.
After years of sustained growth, short sea shipping in Spain has entered a phase of structural slowdown
Madrid
This is what the latest report from the Observatorio Estadístico del Transporte Marítimo de Corta Distancia reveals.
AD Ports to buy German freight forwarder MBS Logistics
Colony
The company has over 450 employees and 26 offices worldwide.
The Spinelli Group has joined the Sustainable Intermodal Logistics Association
Genoa/Rome
Summary: ALIS can offer our ecosystem strategic added value
$200 million investment to build and equip the new multipurpose terminal at Pointe-Noire
Brazzaville/Abu Dhabi
Ordered three ship-to-shore cranes from ZPMC
Evergreen confirms purchase of five new 24,000 TEU containerships
Taipei
They will be built by the Chinese shipyard Guangzhou Shipyard International
Korea will launch an Asia-Europe containerized shipping service on the Arctic route in the coming months
Busan
The tender concluded with the preliminary selection of the PanStar company.
In the period January-March, freight traffic in the port of Koper decreased by -3.9%
Ljubljana
In the container sector, 2.4 million tons were handled (-1.7%)
The Maritime Union has raised new alarm over the fate of former ILVA ships.
Verona
Their possible demolition puts 240 maritime jobs at risk
Last chance to recognize some port jobs as strenuous and to establish a pension fund
Genoa
Siemens to acquire Italian MERMEC business
Monk
The transaction will include the Ferrosud rolling stock production plant in Matera
Growth in intermodal traffic at the Nola interport
Nola/Milan
Economic and financial analysis by the Fedespedi Research Center on freight terminal management companies
Quarterly decline in goods handled by Montenegro's ports
Podgorica
The increase in cargo volumes to and from Italian ports continues, albeit at a slower pace.
Assarmatori denounces the exclusion of maritime transport from the Fuel Decree-Law II.
Rome
Messina: The sector cannot be expected to absorb the impact of fuel price increases alone.
HHLA records a -5.3% decline in containers handled in the first quarter
Hamburg
Eijsink: An unusually harsh winter has significantly limited our daily operations
MSC Technology Italy launches a plan to hire 200 new people.
Turin/Geneva
MSC Cruises debuts in the Alaska market
The Marche Region has approved Carloni's appointment as president of the Central Adriatic Port Authority.
Ancona
Awaiting the opinion of the Abruzzo Regional Council
Greek company Danaos Corporation's quarterly revenues remain stable.
Athens
Two ships of the company are still blocked in the Persian Gulf
Container traffic at the Port of Los Angeles increased by 5.7% in April.
Los Angeles/Port Newark
In the first three months of 2026, the Port of New York handled nearly 2.2 million TEUs (-1.2%)
Cognolato was confirmed as president of Assiterminal
Rome
The new presidency committee and board of directors were also elected
In the first quarter of 2026, freight traffic in the port of Ravenna increased by +0.8%
Ravenna
The growth was driven by the entry into operation of the regasification plant
MSC introduces calls at Naples and Malaga on its Dragon service
Geneva
Calls at the Gioia Tauro port have been cancelled.
The National Maritime Fund's board has been renewed.
Genoa
He will remain in office for three years
Network contract for the joint development of intermodal services in Emilia-Romagna
Bologna
It was signed by Interporto Bologna, Dinazzano Po S, SAPIR and Rail Traction Company
Messina (Assarmatori): European technocracy appears inflexible on the EU ETS
Brussels
He underlines that a significant improvement of these policies is necessary.
d'Amico International Shipping's first quarter results are positive.
Luxembourg
The company benefited from the effects of geopolitical tensions
Two orientation events in Livorno and Naples to present the ITS Purser course.
Genoa
Meetings scheduled by the Italian Merchant Marine Academy with the Grimaldi Group
The bow section of the Explora V was launched in Palermo
Geneva
Fincantieri will deliver the cruise ship to Explora Journeys in 2027
The president of the Eastern Adriatic Port Authority is the new president of Trieste Passenger Terminal.
Trieste
He takes over from Gianluca Madriz
Port of Olbia: Seabed restoration work has begun in the access channel to Isola Bianca.
Cagliari
The aim is to safely allow large cruise ships to enter
Damen to renovate and operate Dakar ship repair yard
Dakar/Gorinchem
20-year contract with the Société des Infrastructures de Réparation Navale
Savino Del Bene has acquired three companies of the Spanish Grupo Marítima Sureste
Florence/Valencia
The agreement involves Marítima Sureste Shipping, Marítima Sureste Spain and Transportes Gaypemar
Fim-Cisl, the meeting with Fincantieri regarding the Muggiano shipyard's prospects was positive.
La Spezia
The investments announced by management - the union noted - are going in the right direction.
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