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13 September 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
February 6, 2013
Sched Netweb site
  • TSA announces US$400/FEU transpac general rate increase from April 1
  • Cosco to levy heaviest March 15 Asia-Europe rate hike of US$775/TEU
  • MSC to implement rate hike on Americas, Europe, Med, Baltic trades
  • Emma Maersk disabled by engine room flood, towed from Suez Canal
  • Guangdong to implement provincial electronic toll collection network
  • Kunshan checkpoint imported food volumes from Taiwan increase 102pc
  • Maersk cuts 25pc of carbon emissions eight years ahead of schedule
  • Box growth likely as non-OECD countries come to dominate oil demand
  • Mombasa box traffic up but pre-election fears prompt cargo migration
  • CN to build intermodal ramp to give better access to Chicagoland DCs
  • AAPA expects cargo growth in 2013 after volumes fell 3.4pc in 2012
  • Austria's Gebruder Weiss arranges Swiss cable cars to fly to Mexico
  • Moscow Domodedovo Airport adds 5 smart fire engines to fleet

Exim Indiaweb site
FEBRUARY 5, 2013
  • Bahri takes delivery of first RoCon vessel
  • Transindia Logistic Park - A case study for excellence in CFS facilities
  • Velji Dosabhai & Sons moves 1st export shipment from ICD-Dashrath to Hazira
  • KPKS submits memorandum to MoS Shipping
  • Milind Deora reviews Kandla Port performance, meets stakeholders on maiden visit
  • Truck rentals remain flat despite diesel price hike

International Transport Journalweb site
FEBRUARY 5, 2013
  • Dnata builds a British air cargo future
    Dnata, one of the world's leading air services providers, has taken a further step in its "dnata City" project, a purpose-built cargo logistics centre at the heart of Lon...
  • Test flight of China's first big freighter aircraft
    China seems to have conducted a successful test flight of the Yun-20 or Transport-20, its first domestically developed jumbo air freighter. Designed for long-distance air transpor...
  • Renault Trucks inaugurates new used vehicle centre in Lyon
    Renault Trucks inaugurated a new second-hand vehicle sales outlet in Saint-Priest on the outskirts of Lyon (France). With 5,000 sqm of floor space, including a workshop, this new c...
  • Eurabia-Schiffahrts-Agentur becomes German agent for Med Cross Lines
    The Hamburg (Germany)-based shipping agency Eurabia-Schiffahrts-Agentur GmbH began acting as agent for Med Cross Lines for traffic from Germany to Libya, with effect from 15 Janua...
  • Several executive changes for K Line
    The Japanese shipping company Kawasaki Kisen Kaisha Ltd (K Line) has decided to change some executive officers with effect from 1 April 2013. Executive officers Takashi Yamaguchi a...
  • Expanded capacity at the GCS MANP terminal in Moscow
    Global Container Services (GCS) has added a second rail-mounted gantry crane at its MANP terminal on the outskirts of Moscow. The new equipment has increased the number of train ar...
  • Air Hong Kong wet-leases another Airbus
    Air Hong Kong, a dedicated freighter airline jointly held by Cathay Pacific (60%) and DHL Worldwide Express (40%), has wet-leased an A300-600F from the Irish cargo operator Air Co...
  • Europe's fourth railway package: RFG is disappointed
    The UK's Rail Freight Group (RFG) said that the fourth railway package, recently issued by the European Commission, contains important changes to the legal framework for railway b...
  • Heavy vehicle crash rate down in Australia
    225 people died in 200 crashes involving heavy vehicles on Australian roads in financial year 2011-12, according to Bitre's latest quarterly bulletin for April-June 2012. This repo...
  • SBB appoints new chief press officer
    Switzerland's national railway SBB has selected Martin Stutz to be its new chief press officer. Stutz , a journalist who worked for various daily newspapers before playing leading ...
  • Dietrich-Honold celebrates logistics centre's topping out ceremony in Romania
    Joint venture Dietrich-Honold SRL recently held a topping out ceremony for its new logistics centre in Timisoara (Romania). The facility, which has taken a year to build, adds anot...
  • GLS Germany adjusts prices
    GLS Germany is raising prices by an average of 5.8% for dispatching its business customers' domestic and international parcels, with effect from 1 April 2013. The prices for privat...
  • Troubled times for UPS
    The US parcel service provider and integrator UPS posted a net loss of USD 1.7 billion in Q4/2012. In the same quarter in 2011, the company generated a profit of USD 725 million. O...

Marine Logweb site
FEBRUARY 5, 2013
  • Detyens awarded $8.45 million for T-AKE 5 drydocking
  • Smit awarded contract for grounded minesweeper
  • Crowley and Titan wrap up Hurricane Sandy response efforts
  • HII sees energy infrastructure as market for Avondale
  • WSF partners with DNV to explore LNG fueling
  • Study shows green advantages of Lakes-Seaway shipping
  • Senator Rob Portman cosponsors Harbor Maintenance Act
  • Barge Master platform completes offshore testing
  • Yangzijiang Shipbuilding completes two acquisitions

World Wide Shipperweb site
FEBRUARY 5, 2013
  • TSA member carriers eye general rate increase
  • Water leak shuts down Maersk Line's largest box ship
  • ISS Palumbo expanding with new London office
  • G6 Alliance members to boost Asia/North America partnership
  • AAPA taps Hahn, Poe as 'Port Persons of the Year'

Lloyd's Listweb site
FEBRUARY 5, 2013
  • Absent Costa Concordia investigation report is 'simply unacceptable', says ICS
    Obligation for flag states to publish casualty reports to be pushed
  • ICS concerned over EU ship recycling plans
    Chamber says European Parliament has 'ulterior motive' to create work for ship recycling facilities in Europe
  • ICS voices support for international emissions MRV system
    Concerns remain over US and EU positions
  • Stalled Costa Concordia probe frustrates IUMI
    The industry needs to learn lessons from the casualty now, says Wikborg
  • Restocking lifts Greek box imports
    Asia-Europe volumes strengthen in December
  • Hyperion expands into Asia with FP Group stake
    Hyperion takes majority stake in Hong Kong insurer FP Marine
  • Risk managers are unprepared for once-in-a-career challenges
    Standard Club to issue guidance on meeting extreme circumstances
  • Sailing into murky waters
    Undercutting and torrents of new tonnage plague China's coastal dry bulk trades
  • Greece moves to end seafarers' strike
    Government reaches for mobilisation card as strike heads for second week
  • Shipping associations at odds over PMSCs
    Why did the UK Chamber have a change of heart about letting private maritime security companies become associate members?
  • Rebel China Cosco shareholders call on Wei to go
    Critics need 10% of stakeholders to back their demand for a meeting
  • BIMCO opens its door to armed guards
    But the UK Chamber of Shipping has considered and rejected a similar move
  • Rush to book aframaxes boosts Mediterranean rates
    Spike relieves owners as they struggle to cover operating costs
  • Zim's Asia-Europe AME service to turn around at Turkey
    Revamped loop will drop north European calls
  • G6 expands alliance to transpacific
    Lines will share capacity across 50 ships on Asia-east coast North America routes
  • TSA recommends April rate hikes
    Transpacific boxlines seek to boost their earnings after Chinese new year
  • UK government to co-ordinate maritime policies
    Hammond promises joined-up approach to shipping
  • Arbitrage boosts BG Group's prospects
    Supply chain control enhances gas firm's flexibility
  • What price Suez?
    Shipowners are urging the canal authority to rethink May toll hike
  • Cowen plots Dahlman Rose acquisition
    Renowned New York shipping specialist to change hands
  • China Merchants Energy Shipping buys three more VLCCs
    Shopping spree continues for state carrier that plans to order 10 vessels in three years
  • Emma Maersk may be out of service for months
    ABS will advise whether to repair stricken boxship in Egypt or to tow it to drydock
  • Ocean Rig receives commitments for $1.35bn in new rig finance
    DNB and Nordea lead syndicate to bankroll three newbuild drillships from Samsung
  • Precious sees profits dive 80%
    Earnings for 2012 eroded by operating costs as fleet grows
  • UK shipping needs EU certainty
    Doubts over Britain's future in Europe are the last thing UK shipping needs

Fairplayweb site
FEBRUARY 5, 2013
  • COSCO investor uprising might be brewing
    AN INVESTOR revolt might be brewing among COSCO investors
  • MOL to shed 50 bulkers and 20 tankers
    MITSUI OSK Lines said today that it will remove 70 ships from its fleet by 2014
  • G6 expands to Trans-Pacific
    A YEAR after the G6 Alliance was formed for the Asia/Europe box trade, the six member lines have agreed to expand its reach to the Asia/East Coast North America trade
  • Greek union leaders extend port strike
    UNION leaders of Greek seafarers today narrowly approved extending the strike tying up Greece's ports until the morning of 8 February
  • Engine room leak stymies Emma Maersk in Egypt
    DAMAGE to a stern thruster caused an engine room water leak might put Goliath box ship Emma Maersk out of service for months, AP Møller-Maersk said today
  • Xiamen plans injections
    SHENZHEN-listed Xiamen Port Development today said it plans fresh cash investments of a total 262M yuan ($42M) for three subsidiaries
  • Bank grant to aid Yangtze shipping centre
    CHONGQING said Asian Development Bank plans to grant $0
  • LNG export facility approved for Kitimat
    A THIRD LNG export facility on Canada's West Coast has been approved by Canada's National Energy Board
  • Yard earnings drop in Japan
    JAPANESE yards that have posted lower earnings results for the nine months ended December 2012
  • Gulf's first permanent tide monitoring station
    Unique System FZE, in conjunction with the geodesy and hydrographic survey section of Dubai Municipality, has built the Gulf region's first permanent tide station at Al Mamzaar
  • Precious profits fell 80%
    PRECIOUS Shipping ended 2012 with an 80% plunge in year on year profits
  • Toxic toll seen in scrapping
    EUROPE'S shipowners sent a record 365 ships containing toxic materials for breaking in South Asia last year, the Shipbreaking Platform group said
  • Spot box ship rates rise at last
    CHARTER box ships are producing some broader gains in the spot market for the first time in four months
  • Mini-bulkers fall off cliff
    OWNERS of mini-bulkers and coasters in Europe are struggling to cover costs again after a steep drop in vessel earnings
  • TSA links rate rise with Chinese New Year
    TRANS-PACIFIC box lines are seeking higher rates in hope of fending off rate erosion after Chinese New Year

The Journal of Commerceweb site
FEBRUARY 5, 2013
  • South Korean Exports Disappoint Despite Strong Year-Over-Year Growth
    South Korea saw exports surge by 11.8 percent year-on-year in January following a 5.7 contraction in December, but seasonal factors distorted what was really a disappointing month, according to one analyst. Economist Young Sun Kwon said South Korea's export figures for last month were misleading due to Chinese New Year, which...
  • Truck Strike Disrupts Container Traffic at India's Cochin Terminal
    A strike over working conditions has paralyzed cargo movements to and from Vallarpadam International Container Transshipment Terminal, a DP World facility in India's southeastern port of Cochin. Unionized truck drivers began their strike Monday, claiming truck owner-operator groups had reneged on an agreement to improve wages and allow additional benefits. "Container trucking...
  • UPS Deploys 100 Electric Trucks in California
    California's Gov. Jerry Brown in one of UPS's fully electric trucks. UPS has deployed 100 fully electric commercial vehicles that will be delivering packages in California. The vehicles will help implement Gov. Jerry Brown's executive order to achieve widespread deployment of zero emission vehicles throughout the state. UPS's electric trucks, which were manufactured...
  • CEVA Logistics Names Bruining Head of China Operations
    Supply chain company CEVA Logistics has appointed Jaap Bruining as its new head of operations for China. He will be located in Shanghai. Jaap has eight years of operational experience within CEVA in the Netherlands and Thailand. His career with CEVA began as global LEAN director before he became vice president...
  • IAG Cargo Volume Fell 7.7 Percent in January
    London-based International Airlines Group, the merged British Airways-Iberia carrier, reported cargo traffic of 431 million-metric-ton kilometers in January, falling 7.7 percent from 467 million-metric-ton kilometers of cargo in January 2012. Iberia handled 83 million-metric-ton kilometers of cargo in January, plummeting 17.0 percent from the previous year. In the same month, British...
  • Hapag-Lloyd to Launch New Asia Services
    German ocean carrier Hapag-Lloyd has announced that it will offer two new services, the North China India Service and the Central China India Service, starting in March. The NCI Service will commence on March 4, with its first sailing from Xingang, China. The rotation will be as follows: Xingang; Qingdao, China;...
  • Canadian National Outlines 2013 Spending Plan
    Canadian National Railway today announced a 2013 plan to invest about C$1.9 billion (about US$1.9 billion) to upgrade and maintain its railway network and enhance and expand the business. The company will invest in infrastructure, acquire new locomotives and equipment and improve information technology systems, said Claude Mongeau, CN's president and...
  • AAPA to Honor US Reps. Hahn and Poe
    U.S. Representatives Janice Hahn, D-Calif., and Ted Poe, R-Texas, will receive the American Association of Port Authorities' "Port Persons of the Year" award during the association's annual spring conference on March 19 in Washington, D.C. The AAPA selected Reps. Hahn and Poe to receive the award based on their "strong commitment...
  • Emma Maersk Could Be Out of Service for Months
    Maersk Line's Emma Maersk, which took on water while transiting the Suez Canal on Friday, Feb. 1, faces a lengthy period out of service. Initial inspections by divers show that the water ingress was caused by damage to one of the stern thrusters, the company said. Several propeller blades have broken...
  • Crowley Opens Cold Storage Facility in Miami
    Crowley's Miami warehouse. Crowley Maritime and Customized Brokers, the company's Miami-based customs brokerage company, have opened a new cold storage warehouse facility in Miami. Crowley Fresh, a joint offering from Crowley and Customized Brokers, offers 400,000 cubic feet of refrigerated space and is open to handle perishables from Latin and South America,...
  • Survey: 'Positive Signs' for Truck, Trailer Purchases
    Source: CK Commercial Vehicle Research. CK Commercial Vehicle Research's first quarter of 2013 Fleet Sentiment Report, which surveyed 64 U.S. fleet operators, showed "positive signs" for medium and heavy duty commercial truck and trailer purchases. The FSR Buying Index, which captures overall planned buying activity for the next three months, has risen...
  • Class 8 Truck Orders Show 'Some Strength'
    Nashville, Ind.-based transportation forecaster FTR Associates has released preliminary data showing Class 8 truck net orders in January at 22,235, which is 7 percent higher than in December 2012, but down 11 percent year-over-year. Orders for Class 8 vehicles have been above the 20,000 mark for the past four months, showing "some...
  • ILA-USMX Agreement: How Did We Get Here?
    At the end of last week, the International Longshoremen's Association and United States Maritime Alliance tentatively agreed on a six-year master contract, averting a threatened Maine-to-Texas strike following the current contract's expiration at midnight Feb. 6. Talks now must move forward at East and Gulf Coast ports on local agreements that...
  • Housing, Manufacturing Boost Truckload Spot Market
    A strong start for the spot truckload freight market bodes well for increased truck volumes in 2013, as the housing market and industrial freight heat up, according to load-matching service DAT. "We are seeing some pretty significant year-over-year growth levels in freight volumes," David Schrader, DAT senior vice president of operations,...
  • MSC to Hike North America-Europe Rates
    Ocean container carrier Mediterranean Shipping Co. will increase rates on its trade route from Canada, the U.S. and Mexico to North Europe and west Mediterranean, including Israel, effective March 15. From Canada, the U.S. and Mexico to the United Kingdom and west Mediterranean, the rate hike will be $150 per 20-foot...
  • Port of Koper's Container Volume Falls 3.3 Percent
    Luka Koper, the operator of the Port of Koper in Slovenia, reported container throughput at the port in 2012 was 5.29 million metric tons, down 0.8 percent compared with 5.33 million metric tons in 2011. Annual container throughput in 20-foot-equivalent units was 570,744, falling 3.3 percent from 589,314 TEUs in the...
  • CMA CGM Marco Polo Completes First Voyage
    Onboard CMA CGM Marco Polo. CMA CGM recently announced that the CMA CGM Marco Polo arrived in Ningbo, China, on Jan. 24, completing its first turnaround. The ocean carrier took delivery of the world's largest container ship on Nov. 5. The vessel made its first call to a continental European port on...
  • Canadian National, Canadian Pacific Settle Litigation
    Canadian National Railway has settled litigation with Canadian Pacific Railway and its former CEO, Hunter Harrison, regarding CP's hiring of Keith Creel, former CN executive vice president and chief operating officer, as president and chief operating officer. The litigation went before the federal court in Chicago. As part of the settlement,...
  • Q&A: The Wrong Road to Getting Paid
    Q: We're a motor carrier and have been having trouble with a shipper in recent months. Our problem is that this shipper is chronically behind in paying our freight bills. It pays a little here, a little there, but always late and often short. Right now, it owes us more than...

Containerisation Internationalweb site
FEBRUARY 5, 2013
  • G6 Alliance to extend network to transpacific trades
  • Freight rates to remain volatile
    Shipping consultant Drewry says freight rates will remain volatile in 2013 as carriers act to control supply-demand imbalances and market fundamentals remain weak.Against ...
  • Emma Maersk may be out of service for months
    The stricken containership Emma Maersk could be out of service for more than three months.Sources have told Lloyd's List that the vessel could stay in Egypt for ...
  • Zim's AME to turn in Med as it improves Med-Europe service
    Israeli ocean carrier, Zim Lines is to turn its Asia - Europe AME service around at the Turkish port of Mersin, deploying 8 x 3,400 teu vessels on the revamped ...
  • ICS hits out at Suez Canal hike
    The International Chamber of Shipping [ICS] has criticised the Suez Canal Authority [SCA] for announcing a May 1, 3-5% increase in canal tolls in 'the worst shipping ...
  • Stern thrusters banned after flood in Emma Maersk's engine room

TradeWindsweb site
FEBRUARY 5, 2013
  • ADM soars in the fourth
    A series of investments that have given Archer Daniels Midland (ADM) greater control of the supply chain are starting to pay off, according to COO Juan Luciano.
  • Eagle Bulk passes baton
    Eagle Bulk Shipping was forced to deploy its public relations unit Tuesday in an attempt to ease concerns surrounding the departure of its senior chartering manager.
  • Age over reason?
    A VLCC controlled by Angeliki Frangou's Navios Maritime Acquisition Corp has been pulled out of the Tankers International pool.
  • HPH poised to pop
    Hutchison Port Holdings Trust is poised for a reversal of fortune, according to an analyst.
  • Chartering chief takes flight
    Eagle Bulk Shipping appears to be in the market for a new senior chartering manager following the abrupt resignation of Matt Gros.
  • Daewoo heads to Peru
    Daewoo Shipbuilding & Marine Engineering is lining up a deal to modernise the largest shipyard in Peru, Servicios Industriales de la Marina (SIMA).
  • Dry recovery charted
    Dry cargo fundamentals could improve from the second half of this year setting the scene for higher earnings, RS Platou Markets suggests.
  • Transworld buys bulk
    Dubai's Transworld Group is expanding its bulker fleet after buying boxships last year.
  • Jebsen vet joins OSM
    Ole Stene has joined OSM Ship Management as head of its Asia business.
  • Phoenix lifted by tankers
    The acquisition of Chelsea Shipping has boosted annual profit at Philippines oil group Phoenix Petroleum.
  • Crewman burned
    A seafarer has been airlifted from a bulker in Australia after apparently coming into contact with hot oil.
  • Jaya set for take off
    A recent management reshuffle as well as a new focus on chartering is likely to provide a shot in the arm to Jaya Holdings, according to one analyst.
  • Hanjin worker killed
    A worker has died at Hanjin Heavy Industries and Construction Corp after being struck by a forklift, local reports say.
  • Multiple failings
    Greek operator Allseas Marine has upgraded its safety practices after a crewman fell to his death from a boxship in Australia.
  • Platou cuts Maersk
    RS Platou Markets has cut its rating on AP Moller-Maersk amid expectations of a flat container market this year.
  • YZJ tightens grip
    China's Yangzijiang Shipbuilding (YZJ) has built its stake in a new yard in Taixing City to build VLCCs and large boxships.
  • G6 confirms expansion
    The G6 Alliance of liner giants has confirmed plans to branch out into the Asia-to-North America trade.
  • Scorpio to strike again
    Scorpio Tankers' recent growth spurt is not over, analysts say.
  • Vinashin eyes debt deal
    Vietnamese yard group Vinashin is proposing a debt swap to ease its interest burden.
  • Namura expects more
    Namura Shipbuilding has doubled its earnings forecast for the current financial year.
  • MOL sparks price fear
    Mitsui OSK Lines' call to shed 50 bulkers has caused a flutter of concern about asset prices.
  • Emma out for months
    A Maersk Line containership that suffered a flooded engine room in the Suez Canal on Friday could be out of action for months.
  • Xinhai orders double
    China's Xinhai Oil Co has contracted two bunker tankers at the domestic Chongqing Chuangdong yard.
  • MES profits slide 33%
    Mitsui Engineering & Shipbuilding (MES) has seen nine month profits slide by almost one third, the company disclosed Tuesday.
  • China prices dip
    Owners were picking up new tankers for a little less money at Chinese yards in January.
  • Haitong adds five
    China's Jiangsu Haitong Offshore Engineering has booked a new order for five 15,000-dwt bulkers.
  • CHO results head higher
    CH Offshore has seen second quarter net profits jump by over 31% as the company was able to boost revenue and cut costs.
  • CISA backs Valemaxes
    China's steel association has reportedly said it would support Vale's new generation of VLOCs calling at domestic ports.
  • ABS in Hamburg switch
    ABS is relocating its northern European regional marine operations office from London to Hamburg, the company has confirmed.
  • ICS slams Suez rises
    The International Chamber of Shipping (ICS) has publicly criticised plans by the Suez Canal Authority (SCA) to increase its tolls.
  • Pangea LNG lands DOE nod
    Pangea LNG has secured permission from the US Department of Energy (DOE) to export its namesake commodity to 18 different countries.

American Shipperweb site
FEBRUARY 5, 2013
  • UPS adds to healthcare portfolio
  • U.S. proposes end to antidumping duties on Mexican tomatoes
  • Air cargo goes to the sharks
  • New ship energy efficiency tool released
  • ABS relocates N. Europe operations to Hamburg
  • Texas A&M: Congestion costs truckers $27 billion
    The total amount of wasted fuel due to congestion in 2011 remained unchanged from 2010 at 2.9 billion gallons. Carbon dioxide emissions attributed to traffic congestion reached 56 billion pounds in 2011.
  • FedEx introduces dry ice alternative
  • Cargolux adds 3 474-8 destinations
  • G6 will enter Asia-U.S. East Coast service in May
    The discussion agreement will deploy more than 50 ships in the trade that will call at 30 ports in Asia, the North American east coast, Central America, the Caribbean, Indian Subcontinent, Mediterranean and the Middle East.
  • TSA recommends 5th rate hike since July
    The across-the-board general rate increase (GRI) applies to all dry and refrigerated cargo and will be in the amount of $400 per 40-foot container (FEU) to the U.S. West Coast and $600 per FEU to all other destinations.
  • Old Dominion opens in Santa Maria, Flagstaff
  • Study: Great Lakes/Seaway marine transportation greenest
  • OOCL Lite enables secure mobile shipment details monitoring
  • U-Freight gets artistic
  • Descartes extends messaging service to air cargo customers
  • FFE starts guaranteed service
  • Ieri 5 febbraio 2013, 8.00.15
  • Executive moves
  • Crowley's new cold storage in Miami
  • Accellos adds labor functions for 3PL enterprise system

The Bunker Bulletinweb site
FEBRUARY 5, 2013
  • Workshop focuses on hull and propeller performance standard
    Participants agreed to explore how a tiered approach could reflect different levels of accuracy and increase the general applicability of the standard.
  • Bomin Hamburg hires new bunker trader
    Prior to joining Bomin, Nina Russmann gained operational experience by working at Bebeka.
  • Addax brand is repositioned
    Addax and Oryx Group will now be called AOG.
  • Prices show losses in Fujairah
    Direction uncertain in most markets.
  • Russian oil giant sees bunker volumes climb
    Revenue from bunker sales up by 35%.
  • IFO prices soften in major European ports
    But creep upwards in Hamburg.
  • Seafarers ordered back to work
    Greek ferry sector facing sixth day of action.
  • Russia facing problems bunkering new warships
    French designed vessels need '50 types of fuel, many of which were not produced in Russia.'
  • GAC opens in Bergen
    Move shows 'commitment to expand geographical reach'.
  • Olivia Leblond moves to Copemer
    She will be co-Managing Director alongside Jerome Berault.
  • LNG 'could cut costs' says ferry operator
    'LNG has the potential to significantly reduce emissions and the cost of fuel.'
  • US East Coast bunker player lands government contract
    For bunker services in Atlantic region.
  • New man joins Dan-Bunkering
    New trader has background in sport and business.
  • Brightoil seeks to reassure markets
    Group has secured 'all necessary formal waiver letters regarding the breaches of financial covenant.'
  • IFO prices softening
    Prices for IFO fell, while some ports recorded rise in prices for distillates.
  • CPIB officials board two vessels
    The two vessels were the Sakura Princess and Front Splendour.
  • Charter rates for VLCC firming
    'Enquiry in the Middle East Gulf market has been steady this week,' says broker.

›››File
FROM THE HOME PAGE
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
Companies inform
Accelleron and Geislinger: An Evolving Technical Collaboration
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
Shanghai
Sharp decline in economic performance in the trans-Pacific and Asia-Europe markets
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
Genoa
Falteri: it can become the artery of an economic and social body that has been underdeveloped to date
SBB CFF FFS Cargo's half-year performance was negative.
Bern
The Swiss company announced a drop in volumes in both domestic and transit traffic.
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
In the April-June period, net profit was 122.4 million dollars (+32.4%)
Cargo traffic at Chinese seaports hit a new record high in July
Cargo traffic at Chinese seaports hit a new record high in July
Beijing
Foreign traffic amounted to 427.6 million tonnes (+6.1%)
South Korea's HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Co. to merge
Seoul
The completion of the operation is expected for next December 1st.
Filt Cgil, priority should be given to valorizing AdSP workers rather than assigning positions
Rome
The union denounces the failure to comply with the National Collective Labour Agreement
In the second quarter of this year, freight traffic in the port of Venice grew by +4.1%
Venice
There were 228 thousand cruise passengers (+12.8%)
COSCO Shipping International's revenues increased by 10.3% in the first half of the year.
Hong Kong
Net profit was HK$494.6 million (+26.0%)
G20 nations' merchandise trade showed modest growth in the second quarter
Geneva
The increase in trade in services was more pronounced
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
Seongnam
Agreements with the US investment firm Cerberus Capital and the Korea Development Bank
MSC World Europa cruise ship crashes off the coast of Ponza
Rome
The Coast Guard reports that the situation on board, where there are 8,585 people, is calm and under control.
MSC World Europa has resumed autonomous sailing
Rome
Electrical problem solved, the cruise ship is headed for the port of Naples
PostEurop warns that from August 29, shipments of goods to the USA could be limited or suspended
Brussels
Last month, Trump eliminated tariff exemptions for low-cost goods.
Chinese oil company OOIL sees growth in its half-year financial results.
Hong Kong
In the first six months of this year, revenues increased by +5.0%
Premier Alliance to split Mediterranean Pendulum 2 service next month
Seoul/Singapore/Keelung
Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI Algeciras
Schiphol
The two terminal companies manage a total of nine Spanish port terminals
ZIM's quarterly economic and operating performance declines
ZIM's quarterly economic and operating performance declines
Haifa
In the period April-June the average value of freight rates fell by -11.6%
Interferry's Entry/Exit System risks delaying ferry operations at European ports.
Victoria
The system will come into force on October 12th
DFDS closes second quarter with a loss
Copenhagen
In the period April-June 2025 the fleet transported 10.6 million linear meters of rolling stock (-0.4%)
Ammonia and methanol are ready to decarbonize shipping, but some obstacles to their use must be removed.
New record quarterly results for the American cruise group Viking
New record quarterly results for the American cruise group Viking
Los Angeles
The April-June period closed with a net profit of 439.2 million dollars (+182.2%)
Container traffic in the port of Barcelona grew by 1.8% last month.
Barcelona
202,321 TEUs handled at loading and unloading (+10.4%) and 142,492 TEUs in transit (-8.3%)
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
Hamburg
Sharp increase in transshipment container volumes (+26%)
Norway's Xeneta has bought Denmark's eeSea
Oslo
Both companies provide data and information for the optimization of containerized maritime transport
In the April-June quarter, freight traffic in Tunisian ports decreased by -3.8%
La Goulette
In the first six months of 2025, 13.8 million tonnes were handled (-3.2%)
Port of Koper sets new quarterly records for containers and rolling stock
Ljubljana
In the period April-June, 5.6 million tons of goods were moved (-4.1%)
Port of Los Angeles hits record monthly container traffic
Los Angeles
Over one million TEUs were handled in July (+8.5%)
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hamburg
Net profit fell by -39.4%
Evergreen reports an 18.7% drop in quarterly revenues
Taipei
The April-June period closed with a net profit decrease of -62.9%
South Korean company HMM's revenues fell by 1.5% in the second quarter.
Seoul
Trump announces rejection of IMO's shipping decarbonization program
Washington
The proposed framework - it is denounced - is in effect a global carbon tax that affects Americans and is imposed by an irresponsible United Nations organization.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Keelung/Taipei
In the period April-June, revenues decreased by -26.5% and -8.7% respectively
Cruise traffic at Global Ports Holding terminals grew by 6.0% in the second quarter
Istanbul
In the first six months of 2025, an increase of +16.7% was recorded
In the period April-June, cargo traffic in Croatian ports decreased by -4.0%
Zagreb
Cruise passengers grow by +5.4%
Container traffic at US ports is expected to plummet in the second half of this year.
Washington/Long Beach
In July, the Port of Long Beach handled 944,000 TEUs (+7.0%)
ThyssenKrupp shareholders approve spin-off of ThyssenKrupp Marine Systems
Eat
The company will be listed on the Frankfurt Stock Exchange
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
Geneva
Global trade in goods is expected to grow by 0.9% this year
Hupac will increase the number of weekly rotations between Busto Arsizio and Basel from five to eight
Noise
Increase in attendance from September 1st
From January 1st, new bunkering regulations will apply in the ports of Rotterdam and Antwerp.
Rotterdam
The barges must be equipped with flow meters
Maersk reports higher quarterly revenue, lower earnings
Maersk reports higher quarterly revenue, lower earnings
Copenhagen
Terminals and logistics have made a positive contribution. Container shipping benefits from demurrage revenues.
The CIPESS has approved the final project for the bridge over the Strait of Messina.
Rome
Construction will begin this year and the project will be completed in 2032.
DHL Group revenues fell by 3.9% in the second quarter
DHL Group revenues fell by 3.9% in the second quarter
Bonn
Significant reduction in shipments from China and Hong Kong to the US due to Trump's abolition of the de minimis regime
The Grendi group has acquired 70% of Dario Perioli Spa
The Grendi group has acquired 70% of Dario Perioli Spa
Milan
The remaining 30% will remain with Fingiro, owned by Michele Giromini, the company's CEO.
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
In the second quarter, sales of dry containers produced by CIMC fell by -33%.
Hong Kong
Reefer boats increase by 57%
The Grimaldi Group has taken delivery of the Grande Shanghai
Naples
It will be used for the transport of vehicles between East Asia and Northern Europe
The ART urges to verify that the investment plan and the related amortization period are consistent with the duration of the port concessions.
Turin
Chinese automaker FAW ships components to Europe by train
Changchun
Transit time reduced to 18 days compared to 45 days for maritime transport
The assets and fleet of the Spanish Armas Trasmediterránea will be sold to Baleària and DFDS
Las Palmas/Dénia/Copenhagen
Two agreements worth €215 million and €40 million respectively have been signed.
Italian State Railways (FS), investing €70 million to install the ERTMS system.
Rome
Work has been completed on 382 Trenitalia trains, while the retrofitting of 60 locomotives from Mercitalia Rail, an FS Logistix company, is underway.
MPC Container Ships' quarterly revenue returns to growth
The second quarter of 2025 was closed with a net profit of 78.1 million dollars (+20.5%)
Plans to build two container customs areas north and south of the Suez Canal
Cairo
Fourteen of the 48 abandoned shipwrecks in Catania port have been removed.
Catania
The activity will be replicated in the port of Augusta
The Regional Administrative Court (TAR) has confirmed the validity of the tender for the new Ravano Terminal in the port of La Spezia.
La Spezia
DP World's port terminals handled record quarterly container traffic
Dubai
Revenues grew by 22.2% in the first half of 2025
In the quarter April-June the volume of rolling stock transported by Höegh Autoliners increased by +9.0%
Oslo
Sharp increase (+46.6%) of vehicles from Asia
South Korea's HD Korea Shipbuilding & Offshore Engineering acquires Vietnam's Doosan Enerbility
Seongnam
It manages an industrial area with its own port facility
Container traffic in the port of Algeciras grew by 6.6% in July
Algeciras
In the first seven months of 2025, a decrease of -2.9% was recorded
In July, the port of Valencia handled 488,000 containers (+6.7%)
Valencia
Increase driven by growth in empty containers
Salvini has appointed Annalisa Tardino as extraordinary commissioner of the Western Sicilian Sea Port Authority.
Rome/Palermo
The President of the Sicilian Region announces the appeal against the provision
The materials dredged in the ports of La Spezia and Carrara will be used for the construction of the new breakwater in Genoa.
Genoa/La Spezia
Agreement between the two Ligurian Port System Authorities
X-Press Feeders denounces authorities' failure to acknowledge responsibility in the X-Press Pearl accident
Singapore
According to the company, the Supreme Court ruling ignores international maritime law
Container traffic in the port of Hong Kong decreased by -6.5% in July
Hong Kong
A decline of -3.7% was recorded in the first seven months of 2025
Cargo traffic in Russian ports remained stable in July
St. Petersburg
In the first seven months of 2025, loads decreased by -4.6%
In July, the Port of Singapore set a new all-time record for monthly container traffic with 3.9 million TEUs.
Singapore
In terms of weight, containerized cargo decreased by -3.6%
Compensation to be paid by the Civitavecchia Port Authority in the Fincosit case has been set at €1.5 million.
Civitavecchia
Latrofa: The ruling allows the release of set-aside sums that have frozen the budget for years.
Germany's HHLA posts record quarterly revenue
Hamburg
In the second quarter, the group's port terminals handled 3.2 million containers (+7.9%)
In the first half of 2025, CK Hutchison's port terminals handled 44 million containers (+4.0%)
Hong Kong
In the quarter April-June the Wallenius Wilhelmsen fleet transported 14.8 million cubic meters of rolling stock (-0.5%)
Lysaker
Revenues down by -0.7%
In the second quarter, Montenegro's ports handled 670 thousand tons of goods (+0.6%)
Podgorica
Volumes with Italy amounted to 154 thousand tons (+53.1%)
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
With the arrival of the first container ship, the testing of operational procedures at the Rijeka Gateway begins.
The Hague
The first commercial ship is expected on September 12th
A proposal to bring the port of Taranto back onto global container routes? Start a discussion table.
Taranto
Meeting on the status of freight traffic
Port of Ancona: Tender for demolition of fire-damaged Tubimar warehouses
Ancona
The expected duration of the works is four and a half months
Merger of the German MACS and Hugo Stinnes, both active in the MPP vessel segment
Hamburg/Rostock
Stinnes headquarters in Rostock to close by December 31
In the second quarter, freight traffic in Albanian ports grew by +2.9%
Tirana
There were 331 thousand passengers (+13.6%)
A.SPE.DO, operationalizing the Smart Terminal to increase the competitiveness of the port of La Spezia.
La Spezia
ING loans to Premuda for over 100 million dollars
Milan
Funds for the management buyout and the purchase of two product tankers
Sallaum Lines has taken delivery of the first of six Ocean-class dual-fuel PCTCs
Rotterdam
The ship was completed four months ahead of schedule
First meeting of the new Management Committee of the Western Ligurian Sea Port Authority
Genoa
Several measures approved, including those for CULMV and CULP staff
Euroports to operate a new liquid bulk terminal in the French port of Port-La Nouvelle
Beveren-Kruibeke-Zwijndrecht
It is expected to become operational in 2026
In the second quarter, freight traffic in the port of Ravenna increased by +2.6%
Ravenna
Growth of 0.6% was recorded in June. An increase of 4.8% is expected in July.
OsserMare presents five reports on the marine economy
Rome
They focus on a specific sector supply chain or aspect of it
Port of Naples: Road haulage operations resume
Naples
Resolution meeting between institutions, operators and trade associations
ICTSI again reports record quarterly financial and operating results
Manila
Global Ship Lease Reports Record Quarterly Revenue
Athens
In the April-June period, net profit was 95.4 million dollars (+8.4%)
Vard receives new order from North Star for two hybrid SOVs
Trieste
Contract worth between 100 and 200 million euros
The Panama Shipping Registry will no longer accept the registration of oil tankers and bulk carriers over 15 years old.
Panama
Measure to counter the use of the shadow fleet
Danaos Corporation reports record quarterly revenue
Athens
The April-June period closed with a net profit of 130.9 million (-7.3%)
New customs fast corridor between the port of La Spezia and Interporto Padova
Padua
It adds to the other three already active on the same route
ICTSI to operate Indonesia's Batu Ampar Container Terminal
Manila
It is located on Batam Island
Pino Musolino has been appointed CEO of the Alilauro shipping company.
Naples
He replaces the resigning Eliseo Cuccaro
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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