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Independent journal on economy and transport policy
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BRIEFS
March 2, 2012
The Business Timesweb site
Shipping News
  • Time to review maritime law: US lawmaker
    A US lawmaker on Wednesday urged a review of US maritime law which could lead to bigger compensation payouts for passengers seeking damages from ship operators after deadly disasters at sea.
  • Baltic index hits 25-year low amid vessel glut
    The Baltic Dry Index, a measure of costs to ship dry-bulk commodities, fell to the lowest monthly average in more than 25 years as a glut of vessels weighed on freight rates.
  • Shipping loan losses seen hitting US$13b
    Banks will lose US$13 billion over the next two years on 3 per cent of all shipping loans as a collapse in earnings drains vessel owners' cash flows amid depressed asset values, Nomura Equity Research said. Thirty-one per cent of loans held by 83 shipping companies with US$201 billion in debt may 'be vulnerable,' and 10 per cent might become non-performing, the investment bank said in a report dated Feb 27.

Sched Netweb site
  • APM Terminals posts 'strongest ever' profits of US$1.05 billion in 2011
  • Rena officers plead guilty to mishandling boxship, forging documents
  • Le Havre containers fall 6pc, but enjoy mid-year rise before 4th quarter
  • Seaspan posts 83pc net profit decline to US$23.5 million in 2011
  • Obama assigns 'special prosecutor' to investigate Chinese trade practices
  • Containership guards repel Hormuz Strait pirates in live fire incident
  • MSC deploys its first 12,500 TEU, the Fabiola, on Asia-US west coast trade
  • WTSA recommends US-Asia rate hikes of US$50-$100 per FEU from April
  • Sichuan road building hits four-year annual record - 6,537 kilometres
  • Hainan provincial port throughput surpasses 100 million TEU in 2011
  • January Xinjiang cross-border surface transport volume declines 11.9pc
  • Ugandans to lose 150 containers in auction to ease congestion at Mombasa
  • Israel's enhanced container security checks comes at shippers' expense
  • Dutch donate 2 top quality container scanners to boost Palestinian trade
  • Evergreen re-starts ANS service for North America/South America
  • South Carolina governor thwarts eco-activists vetoing anti-dredging bill
  • Guangxi handles 10,500 tonnes of air freight in Chinese New Year period
  • US bill would force pilots to log more hours to qualify to fly cargo planes
  • MidAmerica airport aims to become a cargo hub for China trade
  • FedEx Life Sciences' chief calls for regulatory, tax support from India

Exim Indiaweb site
  • DAMCO continues to make strong, steady progress
  • Govt may reserve a quarter of ex-im cargo biz for Indian ships
  • ICC/Ifo survey reveals slight brightening in world economic climate
  • Rickmers-Linie in tie-up with Stonetrans, Antwerp Breakbulk Agencies & DP World Breakbulk to ship rough granite, sandstone blocks from India to Antwerp
  • Tanker insurers may take a hit due to Iran sanctions
  • Negative trade list for India cleared, MFN status by year-end: Pak
  • Draft Policy for award of ports waterfront & associated land on captive user basis
  • Feb. 28 strike a total success at Kandla Port: Unions
  • MbPT beats JNPT to win Major Ports Cricket Championship
  • ICHAA re-elects Anurag Vijayvargiya as President & Rajan Pillai as Hon. Secretary for 2012-13

International Transport Journalweb site
MARCH 1, 2012
  • SAS Cargo adds Shanghai to network
    Today (1 March), the Scandinavian carrier SAS is launching a new Copenhagen-Shanghai (China) route, which will further improve the service between Scandinavia and the Chinese marke...
  • AMI moves into new Heathrow home
    The UK arm of Air Menzies International (AMI) - one of the world's largest trade-only airfreight and express wholesalers - has moved into a new London Heathrow hub facility at Pola...
  • New loan for construction of Brcko bypass
    The European Bank for Reconstruction and Development (EBRD) is continuing to support the modernisation of transport infrastructure in Bosnia-Herzegovina with a sovereign EUR 28.5mi...
  • Etihad Airways increasing surcharges to offset EU carbon scheme
    UAE-based Etihad Airways is increasing the fuel surcharge on its European flights to offset the costs being imposed on the airlin...
  • Finnlines with biweekly service from Wallhamn to Ust-Luga
    Finnllines is starting a new biweekly new service from Wallhamn on the southwest coast of Sweden to the Russian port of Ust-Luga in late March. The Finnish shipping company will de...
  • European road transport rates decrease since May 2011
    European road freight prices decreased by 0.6% in Q4/2011 compared to the price index in Q3/2011 and by 1.5% compared to the index level in Q4 of the previous year, reported Trans...
  • Sernam: will the EU offer financial support?
    Over the next few days the European Commission will decide whether to offer financial support to the French transport company Sernam. The latter already received subsidies in 1998....
  • Terminal Basel Nord to be trimodal hub
    Switzerland's new Terminal Basel Nord will be designed as a trimodal hub for maritime containers. The focus will be on inland ship - railway transport chain. This will allow contai...
  • CP expands its oil by rail operation to Lloydminster, Saskatchewan
    Canadian Pacific (CP), a North American transcontinental railfreight transportation company, is now shipping crude oil by rail from a new transload facility near Lloydminster, Sask...
  • Philippine ambassador visits ICTSI Manzanillo
    George Reyes, the newly appointed Philippine ambassador to Mexico and Central America, visited the site where Contecon Manzanillo S.A (CMSA), a wholly owned Mexican subsidiary of I...
  • UPS woos TNT after weak financial year 2011
    The Dutch group TNT Express reported a net loss of EUR 270 million for business year 2011. The giant US-based parcel service provider UPS is continuing its takeover negotiations fo...
  • New CEO for Alitalia
    The Italian airline Alitalia board has chosen Andrea Ragnetti to replace Rocco Sabelli as chief executive, effective from 5 March. Ragnetti is a former executive of Royal Philips E...
  • Gefco and Minsheng Shipping evolving into Shenzhen Minsheng Gefco Logistics
    It has only just come to light that the French transport provider Gefco and the leading Chinese logistics service provider Minsheng Shipping signed a joint venture contract on 5 Ja...
  • Kuehne + Nagel opens new office in in Thailand
    Kuehne + Nagel, the giant logistics service provider based in Schindellegi (Switzerland), has opened a new office in Chiang Mai to meet the strong demand for integrated logistics ...
  • Lehnkering Chemical Transport. management expanded
    The Lehnkering Chemical Transport (LCT) division, which is part of the company's road logistics and services (RLS) sector, will be headed by Steffen Bauer, with immediate effect. H...
  • Break Bulk China: Shanghai- first stage of this year's Business Run
    Flensborg and Associates, a Munich-based sales and consulting firm, organised the seventh Break-Bulk Business Run in Shanghai (China) on 28 February 2012, and also announced the ex...

Marine Logweb site
MARCH 1, 2012
  • MSRC beefs up response capabilities in GoM
  • Rolls-Royce receives second Environship order
  • Fredriksen set to go shopping with $1 billion from Seadrill shares sale
  • IHC Merwede books orders worth €450million for three pipelaying vessels

World Wide Shipperweb site
MARCH 1, 2012
  • CG holds vessel in Portland for failing safety inspection
  • New study highlights value of US commercial airports
  • Boeing receives honors for record Dreamliner flight
  • Seattle Port Commissioners Ok first reading of Kirkland land deal
  • Rail association taps IPH as full member of organization

Lloyd's Listweb site
MARCH 1, 2012
  • Weak European coal demand sees Atlantic and Pacific rates diverge
    Widening gap between panamax and supramax spot rates
  • Australian and Indonesian exports dominated 2011 global coal trade
    However, Atlantic coal tonne-mile demand rose 50% last year
  • Robust Chinese demand brings cautious optimism to car carriers
    Improved supply-demand balance to drive rate increases, says DVB Bank
  • Caribbean-US product tanker trade collapses after refinery closure
    Brokers say Baltic Exchange benchmark route now 'irrelevant' to the market
  • Concordia Maritime evaluates next move after broadening trade base
    Swedish tanker owner expanding presence in edible oils sector
  • The cheap and cheerless shall inherit the seas
    What price cost cutting when the average shipping firm has no fat to trim?
  • Pimp my ship
    Making the case for slower sailing speeds
  • Marine Money: a tale of cynics, sceptics, epicureans and stoics
    Speakers agree on bleak short-term trends but disagree about opportunities
  • Fredriksen selling Seadrill shares to 'aggressively pursue' shipping opportunities
    Stock equivalent to $1bn could benefit tycoon's portfolio of companies but also potential new ventures, say analysts
  • Last Embiricos single-hull tanker sold for demolition
    Brokers report that Antiparos will be recycled in Pakistan
  • European freight forwarders still foresee an upturn
    Bank's monthly sentiment index suggests a rise in volumes in the coming two months
  • Annual Chinese crude oil tonne-mile demand closing in on US levels
    Rise in shipments from South America to China increases sailing distances but ESPO pipeline limits growth level
  • First mainland China-owned cruiseship sets sail next week
    Huang pledges to invest in fleet to tap growing Asian leisure market
  • Dr Peters seeks fresh capital
    KG fund seeks to buy back two insolvent tankers
  • Hong Kong bidding
    Sailors' Society hosts charity bash
  • KG owner is plaintiff in Hyundai Merchant Marine Rule B case
    NSC Schiffahrtsgesellschaft and not Reederei Claus-Peter Offen is the company alleging $1.89m default
  • Seanergy regains compliance
    Surge in share price helps meet Nasdaq rules on minimum market value
  • Soaring box index shows lines' GRI success
    Big Asia-Europe rate increases achieved
  • Torm working on new structure
    Meldgaard says restructing will be attractive to new investors
  • MHI and Sinopacific announce kamsarmax partnership
    Japanese yard will sell technology know-how to mid-sized Chinese niche player
  • Lomar named as Cosco customer
    Dry bulk order came from maritime unit of Logothetis-backed Libra
  • Bad weather delays Rena salvage
    Costs expected to top $100m
  • Eurotunnel has 'strong interest' in buying ex-SeaFrance vessels
    Jacques Gounon says consortium of 500 former Seafrance staff is willing to restart Dover-Calais service
  • Costa Allegra passengers disembark in Mahé
    Cruiseship has taken three days to reach shore
  • Looks bad, is bad
    Shipping companies the world over represent the shipping industry as a whole, so Costa's problems are the cruise industry's problems
  • Seafarers killed in clash with pirates confirmed as Pakistani and Iranian
    But identity of vessel recaptured by Danish navy still unknown
  • DFDS issues 2012 profits warning
    Danish freight and passenger ferry operator cites tougher competition in the North Sea ro-ro market and higher bunker costs
  • Let the market decide
    Why speed limits are a bad idea
  • Sinoceanic delays delivery of MSC Altair as it fails to find funding
    Oslo-listed boxship operator unable to raise $61m from China's HNA Group as planned

Fairplayweb site
MARCH 1, 2012
  • Cash grab alleged
    AN EXECUTIVE of Houston's Delos Shipping has alleged in a court document that BLT's controlling shareholder has shifted funds out of the Indonesian company
  • High prices hurt oil demand
    IHS CERA warned today high oil prices could destroy demand in an already-weak economic climate, which would hurt the already-oversupplied tanker sector
  • Pacific Basin's profits drop by 69%
    PACIFIC Basin Shipping today said net profits for 2011 were $32M, a 69% drop from 2010's results
  • WWL plans green surcharge
    WWL TOLD Fairplay it plans to raise rates to offset spiralling costs from environmental regulation
  • TWIC needs tweaking
    BIOMETRIC security card readers at US ports face a range of challenges before a final rule on regulatory requirements can proceed, a government report concluded
  • Yangzijiang unveils $631M in profits
    SINGAPORE-listed Chinese shipbuilder Yangzijiang has posted record profits of 3.98Bn yuan ($631.16M) for 2011
  • No-one hurt as Allegra passengers go ashore
    CRIPPLED Costa Allegra was towed into Port Victoria, Seychelles, this morning at about 10.30 local time
  • Oz coal boom tied to degradation
    GREENPEACE today released a report warning about environmental damage caused by port schemes and rising bulker traffic from Queensland's coal boom
  • Courage loses $28.95M
    COURAGE Marine said today it incurred $28.95M in losses for 2011, reversing $9.176M in profits for 2010
  • RCL falls $25.5M into red
    THAILAND'S RCL said today it lost 780M baht ($25.5M) in 2011, reversing 465M baht in profits for 2010
  • TORM loses more than forecast
    DS TORM said today it remains in talks with lenders over its financial problems, while reporting that impairment charges sparked much deeper 2011 losses than it had expected
  • NOL shares rise on sunny forecast
    NOL'S shares rose today after Morgan Stanley predicted a return to profitability from 3Q2012

The Journal of Commerceweb site
MARCH 1, 2012
  • Truck Pricing Forecast to Climb 3 to 5 Percent
    Truck pricing is expected to rise by low to mid-single digit percentages over the next year, as shippers, brokers and...
  • Intermodal Volume Slips 2.8 Percent
    Intermodal volume last week slipped 2.8 percent year-over-year to 214,402 trailers and containers while carload traffic fell 5 percent to...
  • UPS Names McCorstin to VP Post
    UPS has named Jeff McCorstin vice president of international air and ocean freight transportation services. McCorstin will succeed Bob...
  • 2 Dead, 3 Missing After Ships Collide Off India
    An "unidentified" merchant ship collided with an Indian fishing trawler early Thursday about 15 nautical miles off the country's southern...
  • House Republicans Could Cut Transport Plan to 18 Months
    When news broke that House Republicans were considering scaling back their surface transportation bill to 18 months from five years,...
  • OOCL to Boost Australia-SE Asia Rates
    OOCL says it will increase freight rates on cargo moving to Australia from Southeast Asia, including from Singapore, Malaysia, Thailand,...
  • Uggla to Fill Top Slot at Maersk Tugboat Subsidiary
    A.P. Moller-Maersk appointed Robert Uggla chief executive of its Svitzer tugboats subsidiary. Uggla is the 33-year-old grandson of Maersk McKinney...
  • Asia-Europe Spot Rates Skyrocket 88 Percent
    A key Asia-Europe freight index has soared 88 percent in the past week, boosting carriers' hopes steep rate hikes introduced...
  • Hanjin to Receive First of 13,000-TEU Ships in April
    Hanjin Shipping will take delivery on April 1 of the first of the five huge post-Panamax ships it ordered in...
  • DFDS Books Record Profit, Forecasts Tougher 2012
    DFDS grew 2011 pre-tax profit by 36 percent from a year ago to a record $133 million, but the company...
  • Seig to Head Ocean Freight at Damco
    Martin Seig has been named global head of ocean freight at Damco, the logistics and forwarding unit of A.P. Moller-Maersk....
  • Seaspan Reports Profit, Plans to Buy Back Stock
    Container ship owner-charterer Seaspan reported $35.5 million in normalized net earnings for the fourth quarter, a 31.5 percent increase from...
  • Deck Officers Plead Guilty to Charges in Rena Wreck
    The captain and navigating officer of the Rena container ship that ran aground Oct. 5 on a New Zealand reef...

Containerisation Internationalweb site
MARCH 1, 2012
  • NAFTA trade 12% up y-o-y in December
    The latest data released by the US Department of Transport's (DOT) statistics office for trade using surface transportation between the US and its NAFTA [North ...
  • SeaCube's investments pay off
    New York-based SeaCube Container Leasing has followed the sector's trend by posting much better results in 2011 than it did in 2010. In particular, the listed group ...
  • Argentina looks at banning UK imports
    The tension between the UK and Argentinian Governments over the Falkland Islands has intensified following Debora Giorgi, the latter country's Minister of Industry ...
  • Containerisation International poll: customer service a 'dirty word'
  • CMA CGM/Maersk upgrade transatlantic ships
  • ADPC takes delivery of its first gantry cranes
    The Abu Dhabi Ports Company (ADPC) has taken delivery of its first super-post-panamax ship-to-shore gantry cranes for the new port of Khalifa. A second batch of ...
  • TCB Railway takes Barcelona's rail transport to new heights
    TCB Railway increased its traffic by 21% last year, up to 93,000TEU. Further growth of 29% is expected this year, up to 120,000 TEU due to the wide range of services ...
  • Somalia conference 'failed' shipping
    That is the view of many from within the shipping industry after digesting the conclusions from the Somalia conference in London last week; although the commitments ...

TradeWindsweb site
MARCH 1, 2012
  • Zim poised to raise rates
    Israeli containership giant readies rate restoration programme in response to market turbulence.
  • USCG hauls in Morning Spruce
    Authorities blast Eukor car-carrier over 'substandard operation and condition' as inspection uncovers safety hazards.
  • GMR limps toward next phase
    Bankrupt tanker owner readies race for creditor blessing as four-week loss tops $63m.
  • Prosafe pockets more in Q4
    Oslo-listed accommodation owner turns in improved final quarter numbers but sees full year dip.
  • Wreck snags boxship
    Singapore's Akari gets stuck on uncharted sunken vessel off Hon Dau in Vietnam, port authority says.
  • Seanergy sitting pretty
    Dale Ploughman in the driver's seat as US-listed bulker owner regains compliance with Nasdaq listing requirement.
  • JES takes its time
    Singapore-listed Chinese shipyard needs longer to post annual report as it accounts for vessel delivery delays.
  • BW joins bond bandwagon
    Oslo-listed offshore owner the latest to contemplate a fundraiser via the bond market.
  • Eagle talons target Allied
    Sophoclles Zoullas at the helm as Eagle Bulk mounts legal assault against Dimitris Marinis-backed operator over unpaid hire.
  • Vernicos plots fleet growth
    Greek owner says Chinese newbuilding and another second-hand deal likely as it snaps up Svitzer tug.
  • Seaspan lifts dividend again
    New York-listed containership owner adds another 33% to its quarterly handout despite lower Q4 bottom line.
  • What TBOOK WOG means
    London appeal court makes an important ruling about tanker safety inspections and what they mean for chartering deals.
  • Drydocks World closes in
    Dubai-based yard to lay out plans for massive financial restucturing deal next week.
  • Tallink on the up
    Estonian ro-ro operator firmly in profit as passenger numbers increase.
  • Torm solution still hanging
    Danish owner loses over $400m in 2011 as annual report passes without restructuring plan.

American Shipper - Ocean newsweb site
MARCH 1, 2012
  • Asia-Europe rate increases sticking, says index
  • U.S.-flag shipowners want to haul oil reserves
  • Union asks LaHood to press UPS on fatigue rule
  • Guilty pleas in Rena grounding
  • CaroTrans starts Charleston-South Africa service
  • Rickmers expands China coverage
  • Rickmers in joint venture to move granite
  • Seaspan says it will raise dividend, buy stock
  • Zim raising Asia-Europe rates
  • U.S. truck tonnage falls 4% in January

The Bunker Bulletinweb site
MARCH 1, 2012
  • Yin and Yang of green shipping
    Singapore has shown the world that it is as committed to global environmental issues as its peers such as Hong Kong.
  • MEPC 63: Applying EEDI to existing ships firmly rejected
    IMO committee agrees it would be 'inappropriate' to apply EEDI formula to existing ships, meaning some MBM proposals will need revision.
  • Banks 'losing patience' with struggling shipping companies
    Next ten months likely to see bankruptcies and consolidation.
  • Little price movement in Fujairah
    Bunker demand in Suez 'average', a player told Bunkerworld.
  • IFO prices firming in Rotterdam and Hamburg
    Icy conditions have cleared in Hamburg.
  • Call for standard to measure hull and propeller performance gaining traction
    Some support at MEPC for developing standard which would help owners assess available antifouling coatings and other tools.
  • Torm faces an uncertain future
    Shipping group reports widening losses as a refinancing deadline passes without agreement.
  • MEPC 63: CSC outlines 'considerable' GHG reduction potential
    Improved hull and propeller performance could equal 35-50% of IMOs CO2 reduction target due to fuel savings.
  • Pressure for fuel economy driving demand for newbuilds
    Owners looking for fixed cost savings of around 30%.
  • Fuel oil stocks climb again
    Inventories at a nine-and-a-half month high.
  • IFO prices firming in Singapore
    Public holiday in Busan.
  • Berlian Laju defaults on six of its debt instruments
    Company defaults on two guaranteed convertible bonds and four Indonesian Rupiah issues.
  • 380 cSt grade deliveries 'temporarily unavailable' at Taichung
    Bunker barge responsible for deliveries of 380 cSt grade under annual maintenance, says CPC Corporation.
  • South Korean bunker stocks slightly lower in March
    SK Energy to undergo maintenance in one of its CDUs from second half of March.
  • UK-based shipper places orders for six fuel efficient Ultramax vessels
    New Ultramax bulk carriers able to carry up to 11% more cargo and consume around 13% less fuel, compared to Supramaxes.
  • Vopak 2011 net profits slightly up on year
    Generally positive outlook for products storage business in 2012 and 2013, says Vopak.
  • Americas bunker market tracks crude decline
    Prices see double digit falls.

›››File
FROM THE HOME PAGE
The level of connection of Italian ports to the global containerized maritime services network remains stable
The level of connection of Italian ports to the global containerized maritime services network remains stable
Geneva
The PLSCI index of the top seven Italian ports most connected to the network is growing
In the first two months of 2026, cargo traffic in Chinese seaports grew by +6.7%
Foreign traffic increased by 9.2%. Container traffic increased by 9.8%.
Hapag-Lloyd's revenues decreased by 15.2% in the fourth quarter of 2025.
Hamburg
Container traffic handled by the German company's fleet increased by +5.5%
The future European Union Customs Authority will be based in Lille, France.
Brussels
It is expected to employ around 250 people.
The Romanian government is reportedly preparing to nationalize the Mangalia shipyard.
Bucharest
Fincantieri reports record annual financial and commercial results.
Trieste
In 2025, revenues grew by +13.1% and the value of new orders increased by +32.4%
Damen and other creditors have rejected the reorganization plan of the Romanian shipyard in Mangalia.
Mangalia
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
Due to the national journalists' strike proclaimed by the National Federation of the Italian Press, which our editorial staff is adhering to, no news will be published by our newspaper today.
Confitarma praises legislative initiative for the maritime sector
Rome
Regulatory simplification is a good thing, an essential element for strengthening the competitiveness of national armaments
Assarmatori welcomes the Senate's approval of the "Promoting Marine Resources" bill.
Rome
Messina: overcomes a limitation of the Navigation Code that allows only Italian and EU citizens to join Gente di Mare.
The port system of Venice and Chioggia generates a production value of approximately 15 billion euros
Venice
Direct employees are 26,898 and, including related industries, they rise to 218,853
Green light for aid to reopen the Orbassano-Aiton Alpine Railway Highway.
Brussels
The European Commission authorizes subsidizing the service
Fit Cisl Savona, alarm raised over the potential impact on jobs of the drop in traffic at Vado Gateway.
Savona
The Gioia Tauro Port Authority Management Committee approved the reimbursement of mooring fees.
Gioia Tauro
1.5 million euros allocated
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
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
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
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
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
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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.
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
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