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Independent journal on economy and transport policy
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BRIEFS
October 26, 2011
The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

Sched Netweb site
  • NYK follows 'K' Line and MOL to forecast larger loss in second quarter ending Sep 30
  • Pinxiang Integrated Bonded Area opens to boost ASEAN trade development
  • Ningbo port's third quarter container volume up to 4.18 million TEU
  • Alanshankou customs August cargo flow up 6.2pc with Kazakhstan
  • MSC to adjust bunker rates with effect from November 3
  • UN's Basel 'toxic' waste shipping ban moves closer to implementation
  • MSC brands its second Far East-west coast South America string as 'Alpaca'
  • MOL comes to the aid of flood victims in Thailand
  • NYK Group to provide aid to flood victims in Thailand
  • Cargo volume at HKIA drops in September
  • HNA and Bravia Capital acquires Turkey's ACT Airlines
  • Air freight throughput at Changi edges up 2.2 pc in September

International Transport Journalweb site
OCTOBER 25, 2011
  • New cranes for Yucatan container terminal
    The Yucatán container terminal, which is owned by Spain's Grup TCB, has acquired three new cranes for about EUR 700,000. The Linde reach-stackers have started operations and brough...
  • Fesco introduces Tacoma-Vladivostok service
    Fesco Russian Pacific Line (part of the Fesco Group), has added Tacoma to its network by introducing a fortnightly service to Vladivostok and all points in the Russian Far East. Th...
  • Russian and Slovak railways to cooperate
    Russian Railways and the Railways of the Slovak Republic have plans to cooperate. A corresponding memorandum of cooperation was signed recently to facilitate the development and up...
  • AA Cargo celebrates 20 years at London Heathrow
    American Airlines Cargo (AA Cargo) last week celebrated 20 years of flying directly between London Heathrow and the USA, holding a reception for its key cargo customers. AA Cargo w...
  • New IT system for world's largest air cargo terminal
    Hactl's SuperTerminal 1 - the world's largest independent air cargo handling facility - will operate with a new cargo management system from December, following three years of deve...
  • Panalpina is Cargo 2000 phase 1 certified
    The Basel-based logistics provider Panalpina is now Cargo 2000 certified for phase 1. Cargo 2000 is an industry initiative in three phases that aims to implement a quality manageme...
  • Daimler Trucks North America to ramp up truck output
    Daimler Trucks North America plans to ramp up production of Western Star heavy-duty trucks at its plant in Portland OR, for which it will add a second shift. The increase in produc...
  • Martin Gauss new CEO of airBaltic
    The supervisory board of the Latvian national airline airBaltic has appointed Martin Gauss as its new CEO and chairman of the executive board, with effect from 1 November. He has 2...
  • New Fiat Ducato model on sale
    After three decades of production and five generations, a new model of the Fiat Ducato, one of the most popular commercial vehicles, is going on sale. The three power outputs from ...
  • Dachser USA opens Dallas branch
    Dachser USA, a subsidiary of the German logistics services provider Dachser, has opened a new branch in Dallas TX, to take the growing import and export business in northern Texas ...
  • Yusen Logistics renews contract with Kingfisher
    Service provider Yusen Logistics has renewed and extended a contract to manage Kingfisher's European imports. Adding to an existing contract's origin points in northern and souther...
  • Delice de France contracts Norbert Dentressangle in UK
    The French transport and logistics group Norbert Dentressangle has signed a new temperature-controlled warehousing contract with the baked goods manufacturer Delice de France in th...
  • UIRR endorses EU Commission energy taxation proposal
    The International Union of Combined Road-Rail Transport Companies (UIRR) has endorsed the EU Commission's proposal which envisages several positive amendments to a European directi...

Marine Logweb site
OCTOBER 25, 2011
  • Matson moves to reassure Horizon Line's Guam cusomers
  • MARAD/SOCP to hold anti-piracy demonstration in Boston
  • Thordon Bearings names George Morrison Area Sales Manager for Western Europe
  • BMT Argoss and International Paint partner to deliver measurable hull coatings performance
  • BBC Chartering adds SkySails equipped multipurpose vessel to fleet
  • Horizon Lines to discontinue trans-Pacific service

World Wide Shipperweb site
OCTOBER 25, 2011
  • Horizon Lines announces plans to end Trans-Pacific container service
  • Port of Tacoma slates meetings to discuss 2012 business plans
  • Coast Guard Auxiliary unit plans Garibaldi haunted house
  • VIPs celebrate first project at Grays Harbor business incubator
  • NYK cruise ship honored with three Travel Weekly awards

Lloyd's Listweb site
OCTOBER 25, 2011
  • SITC numbers reflect stable intra-Asia trade
    Tepid earnings results of boxline specialist have obscured its solid focus on regional growth
  • Solvency II risk strategies raise concerns over capital requirements
    Regulators' view of risk and investment strategies remains key issue
  • Pause in dry bulk asset values' decline
    Baltic Exchange reports all major vessel prices plateau for first time in more than a year
  • Court of Appeal throws up exceptions to freezing orders
    Distinction drawn between party in enforcement of arbitration award and judgment debtor post-judgment
  • Panamax period charter volumes hit seven-month high in October
    Increased short-term contracts coincide with improved charter rates
  • Salvage industry would fail to cope with major casualty
    Salvage insiders plead for greater investment as shipping evolves
  • Shipowners' Club members to see no general premium increase in February
    P&I club reports free reserves of $210m and says investment returns have been healthy
  • London P&I clubs risk being made history
    A sense of drift, decay, indecision and ineffectual governance has permeated parts of the UK P&I industry
  • Backhaul gasoil trade keeps rising
    Europe expected to increase imports of US diesel
  • Rising South American demand boosts product tankers
    Brazil's thirst for middle distillates set to increase as World Cup and Olympics loom
  • Owners feel pinch as US gasoil imports slump
    Fewer product tankers trading on TC2 Europe to US Atlantic route
  • Modern Istanbul carves an expansionary path
    Turkey's shipowners have invested heavily in newbuildings and have extensively modernised their fleets
  • North Sea aframaxes rally falls away
    Rates drop dramatically as activity in Atlantic basin slows and owners offer discounts
  • Slumping secondhand prices trigger $56m impairment at DHT Holdings
    Tanker company makes voluntary pre-payment of $24m to remain in compliance of covenants
  • Cargotec and Rosmorport form alliance
    Increased automation for Russian ports
  • Rising cargo volumes heading to Asia boost broker's fixture activity
    Braemar Seascope benefiting from Chinese and Indian dry bulk and oil demand but commissions stay low on poor charter rates
  • Conti makes co-operation work with Korea Line
    Shipowner and insolvent bulk operator maintain charters
  • Horizon Lines quits Pacific trades
    Falling freight rates lead to $44m loss on Asia-US route since January
  • Box lines warned against underestimating inventory levels
    Manufacturing and retail inventories have risen significantly, says Macquarie
  • Pirates release Iceberg 1
    Ro-ro held since March 2010 freed
  • Ferry operators warn over sulphur limits
    Ultra-low emissions limits will place $6bn burden on industry
  • Dutch courage
    ABN Amro's plan to hike its shipping portfolio does not change overall squeeze on lending
  • Orders at China's yards fall 43% year on year
    Deals lost at the expense of this year's migration back to South Korea
  • DP World volumes up in third quarter
    Liftings rise 10% on previous year
  • Braemar bank balance hit by overtonnaged shipping markets
    Group sees broking business' interim period operating profit halved
  • WEM bulk carrier seized in Singapore
    Bunker supplier claims $1m is owed
  • Qatar Navigation profits dive
    Fall in net income follows one-off gain from Qatar Shipping acquisition
  • Delayed finale
    When the freight trades picked up last year, there was a widespread assumption that the worst was over. Not so
  • Courage Marine lands supramax newbuilding
    Purchase for $27m is from a small Chinese yard owned by a steel producer

Fairplayweb site
OCTOBER 25, 2011
  • Piracy hijackings down
    PIRACY has risen to record levels, with Somali pirates behind 56% of the 352 attacks reported this year, according to the IMB
  • SeaFrance stymied for legal hearing
    CALAIS/Dover SeaFrance sailings are at a standstill today because the group's workers downed tools to journey to Paris for a key court session
  • Storm threatens gulf oil
    HURRICANE Rina is gaining strength today in the Western Caribbean, with a storm analyst warning it could shut in nearly 9.7M barrels of oil in the Gulf of Mexico
  • Sub-Panamaxes boxed in
    BROKERS told Fairplay today charter rates are plunging for sub-Panamax box ships because their slot costs are rising relative to expenses for bigger vessels
  • VLCCs east of Suez are north of breakeven
    BROKERS told Fairplay today VLCC rates east of Suez have finally peeked above breakeven as crude demand rises, heading into winter
  • Conti cuts newbuildings
    GERMAN KG house Conti Reederei has pruned back its bulker newbuilding programme
  • End-buyers rule breaking
    BREAKING markets are expected to be driven down this week by the continuing uncertainty over Bangladesh's recycling sector
  • Box rates fall below '09
    FREIGHT rates in the Far East/North Europe box sector have dropped into negative territory, lower than in 2009, a sector consultancy has warned
  • Frontline hunts new buyer
    FRONTLINE has placed two Suezmaxes on sale, Fairplay has learned
  • BSS's half-year profits drop
    BRAEMAR Shipping Services has blamed a weak shipping market for its fall in half-year profits
  • Greece, China sign trade deal
    ATHENS and Beijing have signed a trade deal that calls for increased Greek exports to China
  • NOL could lose $242M
    SINGAPORE'S securities group DBS Vickers expects losses for liner NOL will be $100M worse than previously estimated
  • Horizon pulls trans-Pacific plug
    HORIZON Lines will cease its FSX trans-Pacific service on 2 November and lay up all five box ships chartered from NYSE-listed Ship Finance International
  • Samudera's profits drop 37.8%
    HIGHER costs have deflated the profits of Indonesia's Samudera Shipping Line by 37.8% year on year for 3Q2011
  • Fire hits loading at Dalrymple Bay
    DAMAGE from last week's fire at the Dalrymple Bay Coal Terminal will slow ship loading until early December, IHS McCloskey reported today

The Journal of Commerceweb site
OCTOBER 25, 2011
  • CN Launches Large Share Buyback Program
    The board of directors at Canadian National Railway authorized the company to buy back up to 17 million shares of...
  • CN Profit Jumps 19 Percent on Record Loads
    Canadian National Railway's profit rose 19 percent to $648 million (C$659 million) in the third quarter from a year ago,...
  • HNA Buys Turkish Air Cargo Operator, Expands Fleet
    HNA Group bought a Turkish air cargo operator and will add up to 15 freighters over the next two years,...
  • Mica Coy on Congressional Response to HOS Ruling
    House Transportation and Infrastructure Committee Chairman John Mica said he's not ready to say how Congress will "aggressively oversee any...
  • UPS Slashes Asia Capacity 10 Percent
    UPS cut its air capacity out of Asia 10 percent during the recent third quarter amid a deep slowdown in...
  • Intra-Asia Ocean Carrier's Profit Falls 40.5 Percent
    Intra-Asia operator Samudera Shipping Line saw its third-quarter profit fall 40.5 percent year-over-year to $3.9 million, as rising operating costs...
  • Asia Exports Slide at NYK Line
    Japan's NYK Line says container volume from Asia to the United States and Europe fell 10.2 percent from September to...
  • Mica Backs Highway Bill as Jobs Measure
    House Transportation and Infrastructure Committee Chairman John Mica says a proposed six-year, $285 billion transportation plan will "be the core...
  • Alphaliner Says Some Asia-Europe Rates Below Zero
    Container freight rates on the Far East-North Europe spot market have dropped below zero after stripping out bunker surcharges, and...
  • UPS Profit Growth Slows on Flat Volume
    UPS reported a 5.1 percent gain in net profit in the third quarter on Tuesday, to $1.04 billion, as pricing...
  • Lufthansa Cargo Workers Strike Against Flight Ban
    Lufthansa Cargo employees walked off the job at Frankfurt airport Tuesday to protest a temporary ban on night flights at...
  • Used Commercial Truck Sales Rise in September
    Used truck sales bounced back in September after an extended slump during the summer, according to commercial vehicle research group...
  • CP Profit Falls 5.3 Percent as Intermodal Shrinks
    Third-quarter profit fell 5.3 percent at Canadian Pacific Railway to $184 million (C$186.8) million, as it lost 10.1 percent of...
  • Paccar Hits $4.26 Billion Quarterly Sales Record
    Truck manufacturer Paccar reported the highest quarterly revenue in its history as U.S. truck operators raced to replace aging heavy...
  • Ryder System Profit Up 44 Percent
    Ryder System increased net profit 44 percent from a year ago to $56.9 million as acquisitions and organic growth boosted...
  • EU Trust Busters Reject Sea France Restructuring
    European Union regulators rejected a $230 million restructuring of Sea France, casting doubt over the survival of France's state-owned freight...
  • Japanese Ship Orders Fall 77.1 Percent
    Japanese export ship orders fell for the fifth straight month in September on a year-over-year basis, plunging 77.1 percent to...
  • Shippers See Some Port Calls Skipped, Cargo Rolled
    Some trans-Pacific ocean carriers are skipping port calls and holding back vessel departures if bookings are weak, illustrating how feeble...
  • SIA Adds Frankfurt-Singapore Freighter
    Singapore Airlines is adding twice-weekly freighter service between Singapore and Frankfurt, adding Asia-Europe capacity just as a ban on night...
  • DP World Box Volume Jumps 10 Percent
    DP World's 10 percent year-over-year boost in container traffic in the third quarter was driven by strong growth at the...
  • Horizon Lines to End Trans-Pacific Services
    Horizon Lines is discontinuing its money-losing trans-Pacific service, a route that sought to sail in a niche market underneath the...

Containerisation Internationalweb site
OCTOBER 25, 2011
  • SSL's revenue up but profits down
    Intra-Asia container carrier Samudera Shipping Lines (SSL) saw its turnover soar by 24.5% to USD336.2 million in the first nine months of 2011 compared with the ...
  • AAPA urges Harbour Maintenance Tax to be used for dredging
    The American Association of Port Authorities (AAPA) wants USD6 billion collected from US Harbour Maintenance Tax (HMT) to be used to fund the dredging of harbour ...
  • Northern European ports 'still best' for central Europe
    Recent research carried out by Netherlands-based analyst NEA for the ports of Rotterdam, Antwerp and Hamburg shows that much of central Europe is still best served ...
  • Rena salvage moves forward
    The latest information released by the state agency Maritime New Zealand (MNZ) suggests that considerable progress has been made in pumping oil off the stricken ...
  • Australian navy rescues Maersk ship
    The Royal Australian Navy has stepped in to prevent another potential maritime disaster in Australasian waters after a Maersk-chartered container broke down near ...
  • Horizon to cut transpac service
    Just 10 months after launching its only transpacific service - the Five Star Express (FSX) - Charlotte-based Horizon Lines has announced that it is closing the ...
  • DP World up another 10%
    DP World has continued to out-perform the global average growth stakes of 7% t0 8% with its portfolio of container terminals registering a 10% rise in throughput ...
  • SITC posts mixed results
    Shanghai-based SITC International Holdings Company, which operates a range of intra-Asia liner shipping and logistics services, mainly centred on China, has announced ...

TradeWindsweb site
OCTOBER 25, 2011
  • Excel slides into red zone
    Gabriel Panayotides-led bulker owner logs third-quarter loss as troubled markets take toll on bottom line.
  • Matson fills Horizon void
    US operator poised to plug Guam gap while market waits for new entrant to tap Horizon Lines' abandoned loop.
  • All eyes on Omega
    Attention turns from New York to Houston as Marco Polo's legal eagles fight to keep Greek owner's bankruptcy in US.
  • Fairstar nets dual-cargo deal
    Norwegian heavylift operator inks second cargo contract for Hercules trip to boost semi-sub utilisation.
  • Jefferies tips tanker failures
    Bank warns there is a "strong possibility" for restructuring and bankruptcies before rates turn for the better.
  • Regent mulls cruise order
    Florida operator in talks with European shipyard over 50,000-gt newbuilding.
  • Horizon exits transpacific
    US operator prepares to lay-up leased SFI vessels following brief tour of duty in troubled territory.
  • Iceberg I ordeal over
    Azal Shipping vessel held by pirates for over 18 months set free after $4m ransom, sources say.
  • Blaydes makes the cut
    Current board member to replace Vitol's Paul Thomas as boss of Latvian Shipping.
  • Cosco sells spill ship
    Bulker which grounded off Norway in 2009 is finally cashed in by Chinese giant in $10.5m deal.
  • Bulker in trawler smash
    Tide Line's Amazon allowed to continue on to India after collision off Finland sinks fishing boat.
  • Ore deal for TransAtlantic
    Swedish ro-ro owner looks to expand into dry bulk with three-year contract.
  • Capital stacks it higher
    Evangelos Marinakis-led shipowner places $500m on the shelf for new ships and debt repayments.
  • Kherson building tanker
    Ukrainian plant starts work on river-sea crude/products carrier for Malta's SVL group.
  • Meiji set to make less
    Japanese tanker and bulker owner cuts half-year profit forecast despite expecting better revenue.
  • Car carriers look forward
    More cars and some restocking should provide welcome fillip to car carrier owners, says analyst.
  • Price pain nearing an end
    Charles Weber challenges the thesis that VLCC values will continue to plummet.
  • SeaFrance rescue blocked
    European Commission rejects loan from parent SNCF, placing future of struggling cross-Channel operator in doubt.
  • Scrap record to be broken
    Dry-cargo demolition benchmark for 2011 should be topped next year, Navios exec says.
  • SCI sells handymax
    Indian owner finds Bangladeshi buyer for 1986-built vessel at close to scrap prices.

American Shipper - Ocean newsweb site
OCTOBER 25, 2011
  • MOL's transpacific on-time improves
  • Free time extension in Thailand by MCC
  • Horizon drops transpacific service
  • Daily Maersk kicks off: A lion in winter?

The Bunker Bulletinweb site
OCTOBER 25, 2011
  • Vopak announces part ownership of South China storage facility
    Storage will be available to south east Asian countries as well as the domestic market.
  • IFO prices firm in Fujairah
    In Cape Town, MGO deliveries were available for supply up to and including November 8.
  • Call for clarity on sulphur regulations
    'The industry needs to be clear that there will be regulations and that there will be no delays,' legislators told.
  • Rotterdam prices firm
    Supplier tight for LS products in Hamburg.
  • Energy savings will be 'clear and transparent'
    International Paint says ship operators will be able to measure the reduction in energy use.
  • Cruise ship operator calls for ECA 'flexibility'
    'Averaging' is the most appropriate way the cruise industry can comply with sulphur rules, says Carnival UK.
  • Bunker prices up at major Asian ports
    Supplies of bunker fuel mixed at key Asian ports on Tuesday.
  • Andatee chief buys more shares
    CEO buys 18,282 company shares over two transactions on October 20.
  • Star Reefers Q3 losses widen
    Weak freight rates and high bunker fuel costs take their toll.
  • Chemoil moves to new office
    New office location effective October 17.
  • Almost a third of grounded vessel's bunker fuel removed
    Some 480 mt of oil pumped off Rena as of Monday afternoon.
  • Construction of bunker tanker newbuilds unaffected by Thailand floods
    ES Group will continue to assess flood situation, says CEO.

›››File
FROM THE HOME PAGE
New logistics hub in London to boost rail freight through the Channel Tunnel
London
An investment of around £15 million is expected
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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