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Independent journal on economy and transport policy
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BRIEFS
July 22, 2013
Sched Netweb site
  • OOCL second quarter revenue shrinks 9.8pc as cargo volume falls 2.6pc
  • Stifel logistics confidence index inches forward in positive territory
  • Mega ships make biggest contribution to throughput at Port of Nantong
  • Rail reform credited with Guangzhou railway packing on 10pc more freight
  • K + N says P3 will sail by regulators, but won't affect freight rates
  • Union Pacific revenue and intermodal decline in second quarter
  • Yusen Logistics starts weekly Hong Kong-Rotterdam LCL service
  • Cargotec profit falls 9pc, but sees turnaround, beating all estimates
  • CBRE: Shanghai Free Trade Zone to stimulate logistics property demand
  • Cathay to launch twice-weekly HK-Mexico cargo service in 4th quarter
  • US Independent Pilots Association joins UN's official trade union body
  • Air France-KLM-Martinair Cargo adds third Abu Dhabi service
  • Air Partner wins contract with British Airways to fuel A380 and B787

Exim Indiaweb site
JULY 19, 2013
  • Greek shipowners agree to donate towards budget
  • MSC to commence Hazira coverage from Aug.
  • Basmati exports to US fall in Q1
  • Coal-based power plants may import 50 mt of dry fuel this fiscal
  • Coconut exports hit record level of INR 1,050 cr. in 2012-13
  • Corn exports increase by 24 pc in 2012-13
  • Gems & jewellery exports dip 41 pc in June
  • Handicraft exports in FY 14 may rise to $ 5 bn on good demand
  • India fastest growing export market for Africa
  • KIOCL may resume exports this year
  • Metal scrap importers halt fresh orders as rupee hits record low
  • NTPC may buy imported coal from CIL
  • Oilmeal exports up in June by 12 pc on rise in Iranian & European demand
  • Rise in April exports may bring cheers to garment sector
  • Steep fall in iron ore imports on good supply
  • Veg oil imports rise by 21 pc in June
  • Gujarat Pipavav Port commences double stack high cube container trains
  • Los Angeles, Long Beach ports express readiness to handle mega vessels of P3 alliance
  • Assocham opposes relaxations in export restrictions on iron ore
  • Forex reserves inches up by $ 21.1 m to $280.19 bn
  • Give more sops to labour-intensive sectors, DEA chief urges PM
  • Govt restrictions may pull down gold imports
  • GST report finalised; to be tabled soon
  • India's growth estimates cut by ADB & BofA-ML
  • RBI intervention helps rupee to end better against dollar at 59.35

Marine Logweb site
JULY 19, 2013
  • Eastern delivers multi-purpose LCV to Harvey Gulf
  • Zaliv takes majority stake in Bergen Shipbuilding Division
  • Norwegian Cruise Line opts for GTM scrubbers
  • Strong first half for Port of Philadelphia
  • Seadrill gets a new CEO
  • Crowley seeks Title XI guarantees for two tankers

World Wide Shipperweb site
JULY 19, 2013
  • SSA Terminals growing at Port of Oakland facility
  • US rail freight traffic has positive weekly tally
  • Diana Shipping inks contract to charter vessel to Cargill
  • New commanding officer for Everett Coast Guard Cutter
  • NYK/Knutsen celebrate naming of new winterized shuttle tankers

Lloyd's Listweb site
JULY 19, 2013
  • Salvors extinguish boxship blaze
    Teams from Smit and Five Oceans board Hansa Brandenburg for inspection
  • First Triple-E vessel calls Shanghai during dismal China trade readings
    Volumes out of Maersk's largest export cluster grew only 3% in the first half
  • China yards hit by tight credit and currency fluctuations
    Increased orders cannot counter shipyards' disappearing margins
  • OOIL posts lower liftings and revenue in second quarter
    Figures reflect slump in rates between April 1 and June 30
  • Torm scales back dry bulk business
    Danish company will focus on its product tankers
  • Greek shipowners pledge €600m to support ailing domestic economy
    Voluntary double tax payment agreed with government
  • More pain for Spain
    End state shipbuilding support in Europe once and for all
  • Simatech orders its first newbuildings in eight years
    Dubai feeder specialist adds bigger ships and develops box terminal in Mogadishu
  • New Seadrill boss pledges to continue aggressive expansion
    Offshore driller remains Fredriksen cash cow
  • The same hymn sheet
    Shipowners must assume the best and prepare for the worst with the MLC
  • Scor London chief Newman named as chairman of underwriters' body
    International Underwriting Association to promote London-based reinsurers and insurance companies
  • Aframax loads crude at Ceyhan after month-long stoppage to exports
    Earnings from Ceyhan hit three-month high as exports resume
  • TMT secures fresh legal win
    Texas bankruptcy judge allows all Chapter 11 cases but two to stay in the US
  • CSC Phoenix faces fresh legal action
    Creditors chase $85m and seek to terminate loan agreements
  • Samsung Heavy Industries moves further into offshore
    South Korean giant secures over two-thirds of its annual order revenue target
  • OOCL reports lower first-half revenues
    Hong Kong carrier sees volumes dip on transatlantic trade
  • ICS urges owners to adopt labour convention despite flag state concerns
    Ship operators must prepare themselves for global adoption of MLC 2006
  • Pirates attack a second vessel in Gabon's waters
    Crew of unnamed landing craft unhurt after speedboat gang boarded and robbed them
  • Rotterdam handles more containers but box tonnages fall
    Dutch hub blames economic malaise as Baltic feeder traffic shifts to German rivals
  • Brussels orders Spanish investors to refund tax breaks
    Backers must repay hundreds of millions of euros after EU ruling on illegal state aid
  • Bomin Group brings bunkers to Algeciras
    Trader will deliver low-sulphur fuel ahead of tougher emissions regulations
  • Tug heads to stricken Hansa Brandenburg
    Burning boxship drifts northeast of Mauritius
  • Torm delists from Nasdaq
    Danish chemtanker outfit cites scale and cost of American Depositary Receipts
  • Jebsens to abandon Western Australia coastal service
    Scrapping of twice-monthly schedule is a blow to ports of Wyndham and Broome
  • Striking an antitrust balance
    The P3 mega-alliance must navigate Brussels' restrictions with care
  • What will life be like with P3?
    Box lines' mega merger has implications for shipowners and competition regulators as well as future rates
  • Japan's shipyards post soaring orders for first six months of 2013
    Export deals rise 200% in gross tonnes
  • Container KGs buck trend to stay profitable
    Buss Capital happy with steady positive return

Fairplayweb site
JULY 19, 2013
  • TMT wins US legal reprieve
    TMT HAS dodged a potentially fatal bullet in its Chapter 11 case in Houston, Fairplay was told today
  • Ukraine's Zaliv emerges as Bergen owner
    ZALIV Shipyard of Ukraine today emerged as the owner of a 51% stake in Bergen, the Oslo-listed maritime and offshore builder group
  • Japan lends up to $1.5Bn to PETROBRAS
    JAPAN'S export credit agency and other compatriot financial institutions have decided to lend up to $1.5Bn to PETROBRAS
  • Salvors board fire-savaged box ship
    SALVORS have brought the fire aboard the box ship Hansa Brandenburg under control, its ship manager said today
  • Crowley seeks tanker loans
    CROWLEY is seeking $169M from the US government for two Veteran-class product tankers to be built by Aker Philadelphia
  • CSSC gains $6.5Bn in another credit facility
    CHINA State Shipbuilding said it has been pledged a 40Bn yuan ($6.5Bn) credit facility from government-owned Industrial Bank
  • $6Bn Oakajee plan frozen
    SHARES in Mitsubishi's Oakajee Corp have been suspended after Western Australia's premier abandoned a final attempt to find it a Chinese equity partner for the $6Bn scheme
  • China's steel exports boom to SE Asia
    CHINA had big rises in steel exports to Southeast Asia in 1H13, according to the customs statistics
  • China opens cheaper box rail link to Hamburg
    CHINA has launched a rail box link that will enable land transits to Hamburg in less than half the time it would take for ocean cargoes
  • Nanjing Tanker seals deal with Trafigura
    NANJING Tanker said today it has sealed a half-year term contract of affreightment with independent oil trader Trafigura
  • HHL buys more tonnage
    GERMAN project carrier Hansa Heavy Lift is expanding its fleet this month with the purchase and hiring of more multipurpose tonnage
  • Keppel gets mixed ratings
    SINGAPORE-listed Keppel received mixed ratings from stock analysts today after the corporation declared a 47% year on year fall in 1H13 profits, to S$677M ($534M)
  • Capesize rates soften as charterers resist
    CAPESIZE demand to ship Brazilian iron ore to China has increased this week, but rates have declined from last week as charterers resisted the recent rally
  • DSME seals $593M order for drill ship
    DAEWOO Shipbuilding & Marine Engineering of South Korea said today it has won an order for one drill ship, in a deal worth 665
  • Aframaxes rates rise east of Suez
    AFRAMAX rates east of Suez have been firming since last week, on the back of crude and fuel oil movements

The Journal of Commerceweb site
JULY 19, 2013
  • Port of Oakland Commissioners Ratify New Board Officers
    The Port of Oakland's board of commissioners has approved a resolution that officially ratifies the election of new board officers. The board named commissioner Cestra "Ces" Butner president, Alan S. Yee first vice president and Earl S. Hamlin second vice president. Butner is the president, CEO and owner of Horizon Beverage Co....
  • Drewry Shanghai Export Air Freight Index Decline Slows
    Drewry Shanghai Export Air Freight Index Full-size image The Shanghai Export Air Freight Index, as reported by Drewry, fell roughly 7 percent year-over-year in June. This drop followed double-digit year-over-year declines in March, April and May. The index is based on the average of all-in rates (U.S. dollars per kilogram) for cargoes of 100-499...
  • GSP Renewal Legislation Introduced in US House
    Four members of the U.S. House Committee on Ways & Means have introduced legislation to renew the Generalized System of Preferences through September 2015, before the current program expires on July 31, 2013. The GPS program provides preferential duty-free entry for a variety of goods and inputs from designated developing countries. H.R. 2709 is...
  • Port of Tampa, AMPORTS Sign Deal for Auto Shipments
    The Port of Tampa and AMPORTS have signed a letter of intent to develop a new terminal dedicated to the import and export of automobiles and rolling stock. The deal is driven by rising demand for automotive production in Mexico in order to serve U.S. markets, according to the Florida port. "We...
  • Independent Pilots Association Joins ITF
    The Independent Pilots Association, a U.S.-based labor union representing 2,600 UPS pilots, has gained membership in the International Transport Workers' Federation. "The IPA's acceptance into the organization is well timed given our ongoing contract negotiations with UPS," said Robert Travis, president of the IPA, in a written statement. "With the resources of...
  • Ocean Carrier Rate Revision Roundup for July 19
    Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August: Asia-Europe More carriers have planned Asia-Europe rate hikes for Aug. 1: Cosco will increase rates for all shipments from the Far East, including Japan, and the India and Pakistan region to Northwest...
  • Report: Profit From LTL Shipping Outpaces Truckload, Intermodal
    Members of the Transportation Intermediaries Association, which represents third-party logistics providers in the U.S., outperformed the economy in the first quarter of 2013, according to the group's "1st Quarter 2013: TIA 3PL Market Report." The report, comprising data drawn from three categories of members based on revenue, represented nearly 1.3 million...
  • Asian Flu Outbreaks in China, US Slow Poultry Export Growth
    2013 has been a roller-coaster ride for U.S. poultry producers. Exports have increased, but haven't lived up to early growth prospects as avian flu outbreaks on two continents have wreaked havoc with demand. The year started on an upswing. In January, U.S. poultry meat exports totaled 370,872 metric tons, up 8.6...
  • NCSP Group's Container Tonnage Falls 4.6 Percent
    Novorossiysk Commercial Sea Port Group reported consolidated cargo turnover for the first half of 2013 was 72.1 million metric tons, falling 11.6 percent from 81.6 million metric tons in the same period in 2012. NSCP Group's total container throughput from January to June was about 321,300 20-foot-equivalent units, inching up 0.6...
  • MetamorpHOSis
    Trucking seems an unlikely candidate for technological transformation. It is, after all, literally where the rubber meets the road. But the latest changes to federal hours of service rules may be the catalyst trucking needs. The HOS rules that took effect on July 1 are a cause for concern for those...
  • New HOS Rules Mean Less Flexibility for Shippers
    Still pondering the latest twist in the truck driver hours of service rules? Sorry, time's up. Eighteen months after they were released in late 2011, the oft-revised and, at least among truckers, much-reviled hours of service rules took effect on July 1. The changes to the 34-hour restart, which must include...
  • A Truck Driver's Restart Window Narrows
    Truck drivers now have a narrow time window to hit if they want to actually use the 34-hour restart provision of new hours of service rules within 34 hours. Unless they go off duty between 7 p.m. and 1 a.m. at the end of their week, the restart becomes a...
  • Forward Air's Profit Falls Despite Revenue Growth
    Forward Air reported its net income in the second quarter of 2013 was $13.8 million, falling 2.8 percent from $14.2 million in the second quarter of 2012. Total quarterly revenue, however, rose 7.8 percent from 148.3 million in 2012 to $159.8 million in 2013. Quarterly revenue for the Forward Air subsidiary, which...
  • AMR Delivered Record Performance in Second Quarter
    The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped. Excluding reorganization and special items of $137 million, quarterly profit was $357 million, a $262...
  • JOC-ECRI Industrial Price Index Shows Upward Trend
    JOC-ECRI Industrial Price Index, week of July 19, 2013 Full-size image A closely watched indicator of inflation increased for the third consecutive week in the week ending July 19, although it remained below its one-year average for the fifth consecutive week. The Journal of Commerce-Economic Cycle Research Institute index registered 122.966 for the...
  • Further Erosion Seen in SCFI's Asia-Europe Rates
    Container spot freight rates from Asia to European ports measured by the Shanghai Containerized Freight Index fell further in the week ending July 19, losing more of their achievements from the July 1 general rate increase. This was the third straight week of decreases, pulling total gains from the GRI...
  • Rotterdam Container Volume Rises, But Total Throughput Drops
    Rotterdam's container traffic grew 1 percent in the first half of the year, but total throughput dipped 0.9 percent, the first decline at Europe's largest port in three years. The Dutch port handled just over 5.9 million 20-foot-equivalent units, compared with 5.86 million TEUs in the first half of 2012, with...
  • SCFI: Shanghai-to-US Spot Container Rates Slide
    Spot container rates to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index declined for a second week in the week of July 19, following a July 1 general rate increase. Currently, the West Coast has held on to a 34 percent achievement of the $400...

TradeWindsweb site
JULY 19, 2013
  • TMT dodges bullet
    Today Makes Tomorrow (TMT) has secured a key victory in the fight to keep its creditors at bay while pursuing a reorganisation in a US bankruptcy court.
  • Brokers do battle
    Temperatures were running hot when some top stateside tanker brokers began swapping shops earlier this year.
  • GHS sees crude opening
    Global Hunter Securities has urged investors to increase their exposure to the crude tanker sector noting a compelling trade in the near term which could develop into a longer story.
  • Fesco vetoes buys
    Russian container line Fesco will not be buying stakes in two terminals companies after directors ditched the plan.
  • Bonheur better
    Fred Olsen holding company Bonheur's profit was lifted by wind farm operations in the first half.
  • ACM execs earn less
    Lower bonuses have pulled down pay among the top names at London-listed shipbroker ACM.
  • Inside Scorpio's orderbook
    Dry-cargo's newest owner Scorpio Bulkers have been coy about the details of its vast newbuilding orderbook.
  • Arcadia back in Germany
    Germany's Lloyd Werft has bagged a major follow up conversion job on a P & O cruiseship.
  • Record for Stena
    Stena Line has carded record first half figures on its key North Sea route between Harwich and the Hook of Holland.
  • Bankers running scared
    We take a look at what was said in the market over the past week.
  • N Korean crew charged
    The crew of the North Korean ship Chong Chon Gang has been charged with illegally transporting weapons in Panama.
  • Deiulemar duo sold
    Two former Deiulemar LPG carriers have been sold at auction at the third attempt.
  • Phoenix attacked again
    Two more banks have taken Chinese bulker owner CSC Phoenix to court over loan repayments.
  • Juhl exits Intermarine
    Lars Juhl has quit as managing director of chartering at heavy-lift giant Intermarine due to ill health.
  • Bergen unites with Zaliv
    Bergen Group has joined forces with a major European hull builder to strengthen its shipbuilding division after suffering a horror show over delayed newbuildings.
  • Bank blazing a trail
    TradeWinds digests the digits making the headlines this week.
  • Orkney strife goes on
    Scottish operator Orkney Ferries is running with only two of its three ferries in a pay dispute with crews.
  • Bibby Offshore stronger
    UK owner Bibby Offshore has more than trebled annual earnings as revenue jumped.
  • OOCL sales down
    Overseas Orient Container Line saw revenue curbed by a tenth in the second quarter.
  • UANI targets Swede
    Sweden's Stockholm Chartering says it will respond to claims one of its tankers is calling in Iran.
  • Standard pays a price
    The outlook for the Standard Club has been revised to negative by Standard & Poor's as its underwriting performance has slipped below the rating agency's expectations.
  • Vopak cuts forecast
    Dutch tanker terminals group Vopak is expecting a little less profit in 2013, but first-half earnings should edge up.
  • Band of brothers
    George Gourdomichalis and his brother Stathis have teamed up with some serious people in the investment world for their latest dry-cargo venture.
  • Aid for Athens
    Greek owners will dip into their own pockets and hand over $833m to the government over the next four years to help strengthen the state budget.
  • Halvorsen exits Seadrill
    Fredrik Halvorsen is quitting John Fredriksen's Seadrill for a new job at a technology focused private equity firm.
  • Graig inks double
    UK owner Graig has returned to CSC Jiangdong Shipyard for two more handysizes.
  • Hat-trick for Daewoo
    Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won its third drillship newbuilding contract in a week.
  • L&B hires salvage firms
    Leonhardt & Blumberg has hired two firms to handle the salvage of its fire-ravaged containership.
  • Prospector ties up rig
    Prospector Offshore Drilling has secured a letter of intent for a jack-up rig on order at Shanghai Waigaoqiao Shipbuilding (SWS).
  • Handy surge boosts orders
    Strong demand for handysize bulker newbuildings has resulted in another strong month of orders for Japan's major shipbuilders.

American Shipperweb site
JULY 19, 2013
  • STB revises railroad rate dispute procedures
    The U.S. Surface Transportation Board's new procedures for gauging the reasonableness of railroad rates removes limits on relief payments on midsized rail disputes and ups the limit on smaller rail rate disputes to $4 million.
  • OOCL's first half revenue, volume fall
    Revenue across all the liner carrier's major trades dropped in the first half of 2013, as a particularly hard second quarter took its toll. Revenue as a whole fell 3.7 percent year-on-year in the first half to $2.7 billion.
  • U.S. Customs seizes switchblade shipment
  • Cathay to connect Asia, Mexico with freighter
    During the fourth quarter, the airline will launch twice-weekly Boeing 747-8 freighter service from Hong Kong to Guadalajara. The flight, which will mark the carrier's first Latin American destination, is still subject to government approval.
  • Amports plans new terminal at Tampa
    "We believe that Tampa is right in the sweet spot for short-sea shipments out of Mexico. We also believe it will become a gateway port for export finished vehicles," Steven Rand, Amports president and chief executive officer, said.
  • U.S. importers press for GSP renewal
  • Former CBP officer sentenced for human smuggling
  • Philadelphia port's cargo up 13% in first half
  • CMB sees revenue rise from 1Q
  • FMC reviews 27 OTI license applications
  • FMCSA launches anti-fatigue site
  • KCS sees revenue increase
  • DHL adds 2 India-China LCL services

The Bunker Bulletinweb site
JULY 19, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Fuel prices end week on high note in the Americas
    Demand was said to be average in Houston on Friday.
  • Krill Systems launches new bunkering solution
    System uses mass-measuring metres to minimise inherent inaccuracies found in two and three phase HFO transfers.
  • EU support for biofuel on the decline
    EU voted in favour of capping biofuel production at 5.5% of total energy consumption for transportation purposes by 2020.
  • UK heatwave shifts attention to hydrogen-powered ferry
    'With the arrival of the heat wave, the prize-winning Hydrogenesis has been demonstrated to operate in all weather conditions.'
  • 380 cSt prices flat in Fujairah
    Cape Town bunker prices make single digit gains.
  • Prices steady across Europe
    Margin of change small in most cases.
  • Second bunker tank at UK port
    Move is in response to rising demand.
  • World's first LNG single-fuel cruise ferry in operation
    Company sees 'enormous' interest in tickets for environmentally friendly vessel sailing between Norway and the EU.
  • Singapore fuel oil inventories at 11-week low
    Stocks likely to rise in second half of July.
  • Asian bunker prices strengthen
    But increments were small at most key ports.
  • US lobby group says tanker trading with Iran
    Swedish ship cited as sanctions breaker.
  • Scrubber installations 'progressing at full speed'
    Two out of three planned retrofits underway with minimal extension expected to normal docking time.
  • Bomin enters Algeciras bunker market
    Firm supplying 380 cSt bunker fuel and MGO at the port.
  • WFS 'out of pocket' after STX ruling
    US judge rules on status of chartered tonnage - to the bunker company's loss.
  • Vopak estimates flat H1 earnings
    Limited growth influenced, in part, by terminal start-up delay in Algeciras.
  • Brazil to renew ageing fishing fleet
    Focus will be on vessel fuel efficiency.
  • Reports: Aegean to start Algeciras supplies by September
    Traders fear increased competition will depress prices.

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