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Independent journal on economy and transport policy
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BRIEFS
October 24, 2014
Sched Netweb site
  • Hong Kong shippers demand congestion surcharge be dropped
  • Long Beach Sept up 7.3pc to 629,771 TEU, LA up 9pc to 775,113 TEU
  • FMC mulls internal probe into its own Ocean Three processing
  • Global supply of box shipping capacity decreased in September
  • CMA CGM buys 7,000 FEU high-cube carbon-light reefer boxes
  • Union federation blasts countries that turn ships away on Ebola fears
  • UK trucker shortage caused by early peak and new regulatory burdens
  • Singapore to start pilot project to supply LNG to ships by 2020
  • Matson settles with DOJ over molasses spill for US$1 million
  • UN's IMO approves Polar Code to punish pollution from ships
  • NYK's ballast water management system is approved by Tokyo
  • CenterPoint acquires 317,500 square foot working site in Avenel, NJ
  • China iron ore imports have Baltic Exchange bulker rates soaring 38pc
  • War zone specialist National Air Cargo files for Chapter 11 protection
  • Schiphol quarterly cargo volume up 6.7pc to 409,382 tonnes
  • Global air cargo market expected to pick up soon, says Emirates
  • Nippon Cargo Airlines settles for US$45 million fine in price-fixing

International Transport Journalweb site
  • Seattle und Tacoma - Neue Freunde am Pazifik
  • More trucks on Germany's toll roads
  • CIS: rail market continuing to grow - albeit slowly
  • Corpus Christi and Tianjin snuggling up
  • SAS COO leaves after 25 years
  • Antwerp heading for record year
  • FAA fining six companies for hazmat regulation infringements
  • Norfolk Southern reports another record-setting quarter
  • ABC appoints new GSA for US Pacific Northwest
  • UPS rates to climb in North America
  • Construction work underway on South Heart rail terminal
  • Carr to drive design at Lotus
  • Ethiopian Airlines more often to Tel Aviv and new to Tokyo
  • Jettainer emphasizing business in the USA
  • Lufthansa Cargo has found Otto's successor
  • Is it "hard astern" for slow steaming trend?

IHS Maritimeweb site
OCTOBER 23, 2014
  • Matson agrees to $1M fine
    Honolulu-based Matson Inc has agreed to pay $1M after pleading guilty to polluting Honolulu Harbor with molasses. The payment, resulting from two misdemeanor violations, comprises a $400,000 fine and a $600,000 community service payment to support invasive algae clean-ups in Hawaii. Matson said in
  • MSC bolsters service to US Northeast
    Mediterranean Shipping Company (MSC) will continue to provide direct service from Northern Europe to Boston and Philadelphia despite service changes resulting from its vessel-sharing alliance with rival Maersk. On 23 October Geneva-based MSC said that while its pact with Maersk, known as 2M, did
  • Royal Caribbean guidance disappoints
    Despite expectations for record earnings, Royal Caribbean shares fell after the fourth-quarter outlook came in below Wall Street consensus. Royal Caribbean reported net income of $490.2M for 3Q14 versus $365.7M in 3Q13. Adjusted earnings of $2.20/share were slightly above the Wall Street analyst
  • Newbuilding prices under downward pressure, says Wärtsilä
    Wartsila, the listed Finnish engineering group that manufactures diesel engines and provides a wide portfolio of technical and design services for shipping, says newbuilding prices are under downward pressure. "During the period January-September 2014, 1,395 contracts for new vessels were
  • Europe and South Africa trade in transition
    Changes in automotive cargo flows and disruptions to citrus exports ex South Africa have forced container lines to shuffle capacities, according to Deutsche Afrika-Linien (DAL). The smallest partner of the SAECS consortia - other members being Maersk, Safmarine, and MOL - said it has expanded its
  • Lerwick awards £16.5M jetty contract
    In its biggest investment to date, Lerwick Port Authority (LPA) has awarded a £16.5M ($26.5M) contract to local company Tulloch Developments to build a new jetty that will benefit the offshore sector as well as the port's fishing fleet. To be built at the Shetland Islands port's Holmsgarth North
  • Dry bulker newbuilding prices drop
    Weak freight rates have driven second prices of dry bulk carriers lower and signs of a fall in newbuilding prices have started to emerge, said shipping analysts at Arctic Securities ASA in Oslo, Norway. "While the recent drop in secondhand values already has driven some segments down some 15%
  • Siem Offshore 3Q14 profit dips but strong orderbook ahead
    Listed Norwegian offshore services company Siem Offshore suffered a slight dip in 3Q14 net profit, but it has a strong orderbook of future business. Group net profit fell to $18.5M in 3Q14 from $22.6M in the same period last year as net financing expenses rose by about $4.0M to $14.4M. Revenues
  • Scrubbers save money for shipowners
    Scrubbers will save money for shipowners in the long term, according to Keith Forget, group fuel specialist at Veritas Petroleum Services (VPS) in his speech at this year's Singapore International Bunkering Conference and Exhibition last month. As the Emission Control Areas' (ECA's) 0.10% sulphur
  • KSS Line signs LPG contract with Itochu
    South Korean gas and chemical shipping company KSS Line has signed a long-term LPG shipping contract worth KRW77.8Bn (USD73.6M) with Japan's Itochu Corporation. A 84,000m³ gas carrier ordered by KSS Line at Hyundai Heavy Industries in August will be used to service this contract, which will run
  • Nordic Maritime fixes out subsea vessel at $70M
    Singapore-based offshore oilfield service provider Nordic Maritime said today it has fixed out its DP2 IMR subsea vessel Mokul Nordic at $70M for five years to Noble Energy. "At Nordic Maritime, we are delighted to have won this long-term charter contract directly with a highly reputed
  • China ranked top for offshore vessel orders
    Chinese shipyards have received 138 orders for offshore units from January-September, up 2% year-on-year (y/y) and is ranked first place in the world, said Zhang Qi from China Shipbuilding Industry Research Center (CSIR) at Shiptec China today. These orders valued a total of $11.12Bn, a 1% increase
  • VLGC owners should look beyond US Gulf exports
    As the orderbook for very large gas carriers (VLGC) continues to grow, VLGC owners should not count too much on US Gulf LPG exports filling all available ships, said IHS Waterborne Energy. Looking forward, there appears to be two emerging and conflicting sentiments. On the one hand, as charterers
  • One dead in accident at Chengxi Shipyard
    A worker at the Chinese yard CSSC Chengxi Shipyard, Guangzhou, died on 13 October after falling off a four-storey scaffolding during work. Around 09.25 local time on 13 October, the worker fell to the bottom of a dry dock at the yard when a vessel was under repair there, local authorities said
  • No net additions for Handysize
    There were no net additions to the Handysize bulker fleet in September as the number of newbuilding deliveries was equal to the number of demolitions. IHS Maritime's Sea-web.com data showed 12 deliveries and 12 demolitions. The 12 ships that were demolished were built from 1978-1989, while a
  • Analyst: Buy HHI stocks after 3Q results
    Although some investors wonder if it is now time to start buying Hyundai HI (HHI) stocks while the prices are low, it is advisable to wait for the shipbuilder's 3Q14 results before buying in, said Samsung Securities in a research note. Samsung Securities analyst Young-soo Han said, "Shares of the
  • Keppel's revenue rises 22%
    Singapore-listed conglomerate Keppel Corporation (Keppel) posted its 3Q14 revenue, which was up by 22% to $6.18Bn year-on-year from its offshore and marine segment. The higher earning is due to the revenue recognition from an ongoing project and thanks to a one-off bonus of BRL4M ($1.6M) from the

Marine Logweb site
OCTOBER 23, 2014
  • GD BIW gets another $35.5 million for DDG 1000 class services
  • John Deere expands Marine Tier 3 engine lineup
  • Short sea operators hope for BWTS exemption
  • Eastern Shipbuilding adds three more
  • Over-reliance on AIS a factor in Dover Strait collision
  • Cargotec: MacGregor to be reorganized into divisions
  • VT Halter cuts steel for first Crowley LNG fueled ConRO
  • Innovative fouling defense coating racks up references

World Wide Shipperweb site
OCTOBER 23, 2014
  • Port of Seattle earns honor for foreign trade zone growth
  • VT Halter Marine begins work on new Crowley LNG ConRo vessel
  • Port Angeles Coast Guard office will host Veterans Day celebration
  • Lock gate for Panama Canal making its way to Pacific side
  • Boeing teaming with COMAC to test cooking oil as aviation fuel

Lloyd's Listweb site
OCTOBER 23, 2014
  • Seanergy has no immediate plan for reverse stock split despite winning shareholder approval
    Greece-based bulk player says it is 'close' to adding capesize tonnage to reboot its fleet
  • Denmark and Cyprus vie for IMO top job
    Nordseth and Chrysostomou hope to succeed Sekimizu as secretary-general
  • Tianjin adds three coal berths to meet China's growing energy needs
    The port's venture with Shenhua will boost capacity by 35m tonnes a year
  • NewLead fixes eco-handysize bulker at a 'premium' to the market rate
    Owner confirms its $1.7m annual earnings goal for its one-year-old vessel
  • Aronnax: Polar Code is no longer on ice
    Free to read: New regulations coming into force but will remain a work in progress
  • Product tankers improve their fortunes
    Baltic Exchange reports a rise in daily earnings across all trade routes
  • Lloyd's of London reappoints LOF panel
    Average award to salvors now stands at 23%
  • Standard & Poor's reaffirm Nakilat's top credit rating
    Qatari LNG shipowner shows consistent profitability, says S&P
  • Panama Canal receives its first Pacific lock gate
    Authority says the waterway's multibillion-dollar expansion is 80% complete
  • Wärtsilä profits down
    Ship power orders are bolstered by LNG and LPG vessel newbuildings
  • Tanker Investments buys back $30m of stock
    Winter demand surge offers an opportunity to generate shareholder value, says Hung
  • MSC plans direct Boston and Philadelphia calls from Europe
    World's second-largest box line will exclusively operate the service to new US destinations
  • Why did Edith Maersk call London Gateway?
    Mystery surrounds UK port's largest vessel call
  • Ebola: small things make a big difference in halting spread of the disease
    CMA CGM's Africa Lines vice-president Mathieu Friedberg explains the steps taken to protect staff and ships' crews while keeping West Africa's trade lanes open

The Journal of Commerceweb site
OCTOBER 23, 2014
  • Prince Rupert expects wave of diversion cargo from LA-LB congestion
    Fairview Container Terminal at the Port of Prince Rupert. Source: Flickr CC - B.C. Ministry of Transportation and Infrastructure The massive congestion affecting the ports of Los Angeles and Long Beach is creating a fresh wave of diversions to other ports as shippers flee the worst congestion that the largest port complex...
  • Container ships still backed up at LA-LB
    Vessels are still backed up off the ports of Los Angeles and Long Beach as gridlock at the Southern California ports continues. Six container ships were anchored outside the ports Thursday. That was up from five Wednesday but down from eight on Tuesday. Waiting for berths Thursday were the Cap Avatele, operated by...
  • FedEx plans for record holiday volume
    FedEx said it has plans in place to handle expected record volume of holiday shipments this year and avoid a repeat of 2013's late-shipments debacle. The company expects to move more than 290 million shipments between Black Friday and Christmas Eve, which would be a year-over-year increase of 8.8 percent. FedEx...
  • CEVA adds trucks, trailers in UK
    Third-party logistics provider CEVA Logistics said it will spend $20 million to expand and update its United Kingdom truck fleet. CEVA will add 40 trucks, 120 tractor units and 180 trailers by the end of 2014. The vehicles will be equipped with telematic systems for tracking and measurement. Use of telematics systems...
  • Planning for the Consumer Shift in China: 5 key Supply Chain Focus Areas
    This report on China will provide a broad but comprehensive view of the logistics challenges facing foreign firms in China these days. After looking at the changing landscape of opportunities in China -- new regions; more focus on consumers -- the report will analyze the multiple challenges of managing logistics...
  • Intermodal growth taxes NS
    Norfolk Southern Railway said it is working to correct service problems that accompanies faster-than-expected 10 percent growth in intermodal volume during the third quarter. this year resulted from a faster-, like other Class I railroads, didn't expect this year's surge in volume and was operating at crew and locomotive levels well...
  • Brazil election highlights port, shipping issues
    Brazil's presidential election Sunday has important implications for efforts to put the country's ports and maritime industry.on a more solid footing. Incumbent President Dilma Rousseff , of the Workers Party (PT) is in a close runoff with Aécio Neves of the right-of-center Social Democracy Party. Roussef won 41.6 percent of the...
  • Matson to pay $1 million for molasses spill
    Matson Inc.'s Matson Terminals subsidiary will plead guilty to two misdemeanor violations and pay a $1 million penalty to resolve all federal criminal charges arising from a September 2013 molasses spill in Honolulu Harbor. The company had been charged with illegally discharging more than 230,000 gallons of molasses from a pipe...
  • Trucking deals driving transportation M&A growth, PwC says
    There were 48 mergers and acquisitions in the transportation industry in the third quarter of 2014, totaling $13.6 billion, according to analysis by PricewaterhouseCoopers. Nearly 40 percent of the major deals monitored by PwC occurred in the trucking and logistics sectors, the company said in its quarterly analysis released today. Though...
  • APMT disputes ITF on Aqaba port strike
    APM Terminals has disputed the International Transport Workers Federation's description of last week's strike at Aqaba Container Terminals in Jordan as a "victory" for the union representing the terminal's dockworkers. "We find the ITF's statements misleading, incorrect and not supported by facts...The strike was premature and illegal, especially when held during...
  • Chiquita, Fyffes outline cost savings from proposed merger
    Chiquita International and Irish banana seller Fyffes are busy wooing shareholders, saying the synergies of a combined company would result in $60 million in annual savings, much of it from lower transportation and fuel bills. Shareholders won't vote on the merger (or address a competing bid for Chiquita) until the...
  • German shipping banks may fail ECB stress tests
    The world's largest ship financiers, mostly German, could see their vessel assets, dominated by container ships, written down by up to 20 percent in the European Central Bank's impending review of Eurozone banks' resiliency. The ECB on Oct. 26 will publish the results of its stress tests, which gauge the capacity...
  • Antwerp box traffic up 5 percent, on track for record year
    Antwerp's container traffic grew 5 percent year-over-year in the first three quarters of 2014, putting the Belgian port on track for a record total throughput in 2014. The Port of Antwerp has grown year-over-year for the past four quarters. Full-size image Europe's third-largest container hub handled 6.73 million 20-foot equivalent units in the...
  • MSC to continue Boston-Philadelphia services outside 2M
    Mediterranean Shipping Co. will continue to operate a direct service between North Europe and Boston and Philadelphia alongside its forthcoming 2M Alliance with Maersk Line. The decision was aided by a Pennsylvania cargo-incentive program that provides $1 million annually for five years to pay carriers $25 per container for each lift...
  • US footwear importers look to slash tariffs
    Footwear importers last year paid $2.5 billion in duties, which are meant at least in part to protect domestic producers from low-cost imports, but in reality footwear accounts for a tiny percentage of U.S. jobs. Therefore the Footwear Distributors and Retailers of America, the industry trade association, is urging passage of...

TradeWindsweb site
OCTOBER 23, 2014
  • Earnings season underway
    Forecasters are bracing for a bloody earnings season in response to revelations about Bocimar's lacklustre performance in the third quarter.
  • Bocimar bins more orders
    A Belgian bulker operator has abandoned six more newbuildings that are under construction at Weihai Samjin Shipyard in China.
  • IOPC Funds rebuff for Gard
    The Gard protection and indemnity club has been dealt a further major blow in the battle that has developed over the Nissos Amorgos tanker spill 17 years ago.
  • MLP acquires Phoenix
    A US terminal operator has been linked to the acquisition of a Jones Act product tanker that captivated the sale-and-purchase market this week in the wake of speculation it commanded nearly $160m.
  • Royal Caribbean profit up
    Royal Caribbean Cruises delivered mixed news for the market as it reported a sharp improvement in third quarter profit.
  • Wartsila's cruise hope
    Finnish ship power group Wartsila is in pole position to land any engine orders arising from Carnival's new Chinese cruiseship venture.
  • Samudera back in black
    Singapore-listed Samudera Shipping has returned to profit for the third quarter with lower costs out-pacing a third consecutive revenue decline.
  • Products peak
    An 18-month high in the products tanker market has opened the door for investors to pick up shares in the sector's largest owners, analysts say.
  • ViaMar: no Valemax fear
    A lifting of China's ban on the entry of Valemax vessels will have only a minimal impact on dry cargo rates, Norwegian researchers ViaMar say.
  • EMAS makes less
    Recently-merged EMAS Offshore has seen its profit slip in the three-month period ended 31 August despite an increase in revenue.
  • NewLead fixes newcomer
    Greece's NewLead Holdings says it has fixed a newly acquired eco-handysize on a short-term deal above market rates.
  • Teichert staying on
    German ship finance house Lloyd Fonds is keeping its CEO Torsten Teichert for another three years.
  • Deep Sea extends deals
    Norway's Deep Sea Supply has stretched two existing offshore vessel charters for up to four years with Brazil's Petrobras.
  • Crede selling FREE stock
    Crede Capital Group (CCG) has filed to sell a slice of Greek bulker owner FreeSeas' stock worth up to $2.975m.
  • AIS not enough
    A UK accident report has found that a German multipurpose was in collision with a barge off Dover because its watch officer was relying on AIS data, not radar.
  • Siem Offshore stronger
    Siem Offshore has posted a slight increase in its third quarter earnings on higher operating revenue.
  • Drifting ship towed
    A Dutch cargoship has been safely brought into port after losing power off Scotland.
  • TIL to buy back
    Tanker Investments Ltd has today issued a profit warning and laid out plans for a share buyback.
  • Daydreaming captain
    A captain of a ferry that ran aground two years ago was found to be "lost in his thoughts", a US Coast Guard (USCG) report said.
  • Harim eyes Pan Ocean
    Korean chicken processing group Harim is ready to bid for restructured shipowner Pan Ocean.
  • Wartsila earnings slip
    Finnish ship power group Wartsila has posted lower nine-month earnings despite stable revenue.
  • Hyundai Heavy faces strike
    Hyundai Heavy Industries (HHI) is facing its first strike in 20 years after unionised workers voted to walk out.
  • Zhao takes full control
    Titan Petrochemicals Group has seen its chief executive step down after less than seven months in the role.
  • Noble fixes Nordic newbuild
    Nordic Maritime has secured a five year time charter for its new DP2 IMR subsea vessel in a deal worth $70m.
  • Seroja bulker arrested
    Seroja Investments has seen a jointly-owned panama bulker arrested by a company thought to represent a Greek shipowner.
  • Global steel output stalls
    Levels of steel production in China remained unchanged from a year ago in September, as global growth ground to halt.
  • KSS in Itochu tie-up
    South Korea's KSS Shipping has agreed a seven year deal with Japan's Itochu Corp for the shipment of LPG.

American Shipperweb site
OCTOBER 23, 2014
  • L.A. port commission postpones vote on YTI expansion
  • COMMENTARY: Payment a two-way street
  • Construction begins on new Crowley conro ships
  • Changes made to Asia New Zealand Express
  • Long Beach port fills management positions
  • Dry-bulk shipments grow 23% at Redwood City port
  • Etihad, Avianca partner on Bogotá-Europe service
  • AirBridgeCargo experiences tonnage increase
  • United sees record profit in Q3
  • CEVA makes U.K. investment
  • FAA fines companies for hazmat violations
  • FIATA donates to Ebola relief
  • Ports of L.A., Long Beach see more ships at anchor

The Bunker Bulletinweb site
OCTOBER 23, 2014
  • Construction of Crowley's LNG-fuelled ConRo ships begins
    Vessels will be used on Puerto Rico trade route.
  • Fuel-saving technology provider named in clean tech list
    Eniram technology helped clients save $35 million in fuel costs in 2013, firm says.
  • IBIA welcomes compromise on bunker quality checks
    'The measures will improve the situation," says chief executive.
  • Fuel oil stocks down
    November arbitrage volumes expected to climb.
  • Fall in bunkering operations curtails port's income
    Loss of revenue linked to fewer bunkering calls at UK port.
  • New appointment at Glander
    Maurice Lara takes up post as a bunker and lubricant broker and trader.
  • Wartsila: Profit slips
    But revenue holds steady.
  • Low prices fail to stimulate demand
    Players in Chinese ports say ship operators have 'no intention' of stocking up.
  • Ferry operator expands service inside ECA waters
    'We are moving fast to capture the growth potential in the North Sea.'
  • Greek minister and LNG shipowners meet
    LNG as marine fuel was discussed.
  • OW Bunker posts quarterly loss
    Quarterly results 'disappointing', says CEO.
  • Russian refiner increases bunker production
    Output of bunker material in Q3 increased by 120%, says Bashneft.
  • Less efficient vessels 'capitalise' on falling fuel prices
    'Fuel efficiency benefits shrink as bunker prices drop.'
  • Titan Petrochemicals changes chief executive
    Current chairman of the board to take over.
  • Crude slips as US inventories rise
    Crude inventories increased to 377.7 million barrels last week.

›››File
FROM THE HOME PAGE
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
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
Over two tons of cocaine seized in the port of Genoa
Genoa
Once placed on the market, the drug would have earned criminal organizations around 1.5 billion euros.
Seatrade acquires strategic stake in JR Shipping
Harlingen
The Dutch company will continue to operate as an independent and autonomous organisation
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
Ningbo
Over 1.4 billion tons of cargo were moved. Approximately 43 million containers were transported.
In 2025 the port of Ravenna recorded its new historical record for annual freight traffic
Ravenna
Never-before-seen volume of cargo handled in the fourth quarter alone
The Sardinian Port Authority relies on the Financial Times' AI-based consultancy to understand which strategies, projects, and infrastructures to implement.
Cagliari
Direct award of an estimated value of 140,000 euros
The disposal of sediment from dredging in the port of La Spezia at the new breakwater in Genoa has been approved.
La Spezia
Approval has been granted for the transfer of 282,000 cubic meters to be carried out during 2026.
In November, ship traffic in the Suez Canal increased by +16.0%
Cairo
In the first eleven months of 2025, 11,620 ships passed through (-4.8%)
ABB to build shore power systems at three container terminals in the Port of Rotterdam
Rotterdam/Zurich
They will be able to recharge up to 32 container ships simultaneously
Cargo traffic in Chinese seaports grew by 5.8% last month.
Cargo traffic in Chinese seaports grew by 5.8% last month.
Beijing
Foreign cargoes increased by 8.2%. Containers increased by 8.9%.
Freewheeling, the increase in highway tolls certifies the failure of the government and Minister Salvini's road haulage policies.
Modena
Franchini: First excise duties, now tolls; a double blow that directly affects small businesses.
Trasportounito attributes responsibility for the increases in motorway tolls to the Constitutional Court and the ART
Genoa/Rome
Casu and Simiani (PD): But is it the judges' fault if Salvini can't be a minister?
Xtera Topco will be acquired by a joint venture owned by Prysmian (80%) and Fincantieri (20%)
Milan/Trieste
The transaction involves an enterprise value of $65 million
China launches drill to test cutting Taiwan's maritime links
Beijing
Maneuvers near the main port areas
In October, freight traffic in the ports of Genoa and Savona-Vado decreased by -1.8%
Genoa
In the first ten months of 2025, 52.9 million tonnes were handled (-1.0%)
On January 1st, the presidency of the UIRR will be assumed by Jürgen Albersmann
Brussels
He is vice president and CEO of Contargo
A Maersk Line ship has returned to transit the Suez Canal
A Maersk Line ship has returned to transit the Suez Canal
Ismailia
Rabie: Normal traffic levels will be reached in the region in the second half of 2026
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
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
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
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
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
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
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.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
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
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
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
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
Port of Gioia Tauro: Anchorage fee reduction approved again
Gioia Tauro
A total sum of 1.5 million euros has been allocated
The Council of State has confirmed the legitimacy of the tender for the new Ravano Pier in La Spezia.
Rome/La Spezia
The TAR ruling for Liguria has been confirmed.
Hupac will launch a new shuttle train service between Duisburg and Novara.
Noise
Schedule six rotations per week
Ferry docking slots for Piombino and Elba Island in 2026 have been assigned.
Livorno
Project financing process for the first hydrogen production plant in the port of La Spezia
La Spezia
Project to provide "mobile" supplies to vehicles such as locomotives and boats
The new hydrofoil terminal at the port of Messina will be named after a victim of femicide.
Messina
The initiative to remember Omayma Benghaloum
Three new e-RTG yard cranes have arrived at the PSA Venice-Vecon terminal
Venice
Investment of 8.5 million euros
Fincantieri delivers second multipurpose combat ship to the Indonesian Navy
Trieste
Ceremony at the Muggiano shipyard
In June the Grendi group will equip itself with a fifth ro-ro vessel
Genoa
It will have a load capacity of 3,000 linear meters
The employment contract renewal for transport and logistics company managers has been signed.
Rome
Signed today by Manageritalia and Confetra
Brussels has approved the loan to rescue the rail freight company Lineas.
Brussels
Sixty-one million euros granted by the Belgian government
Green Mobility Partners and KKR Partner to Create European Rail Leasing Platform
Frankfurt
American company invests in GMP
Saipem wins offshore EPCI contract in Qatar
Milan
The contract is worth approximately $3.1 billion.
Wärtsilä sells its Gas Solutions division to German private equity firm Mutares.
Helsinki/Munich
Bank of China finances purchase of Grimaldi Euromed's Grande Melbourne
Amount of 57 million euros
GeneSYS Informatica (Fratelli Cosulich) has acquired 51% of the capital of Navimeteo
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
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
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
Bulgarian court rejects extradition of Russian owner of a ship linked to Beirut port blast
(ABCNEWS.com)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
KSOE wins $466 million order for four container ships
Lysaker/Seongnam
NYK and Ocean Yield Award Order for Four New LNG Carriers
ONE's Adriatic Service 1 will also make stops at the port of Ancona
Singapore
The line to Damietta has a weekly frequency
Consolidation work on the Riva quay at the port of Ortona has been completed.
Ancona
Thirteen million is the cost for the adaptation of the infrastructure
Vard has signed a cooperation agreement with the Norwegian research institute Norce
Ålesund
It concerns all fields of research and innovation in the naval sector
Energy transition, regulatory simplification, competitiveness of the maritime industry, and port governance are Confitarma's priorities.
Rome
Federlogistica reports the project cargo's inability to travel on Northwest highways.
Genoa
Falteri: We are facing a real systemic crisis.
ZIM shareholders reach agreement again
Haifa
Agreement reached on candidates for the renewal of the board of directors
Merger by incorporation of Degrosolutions into CLS
Milan
Castelli: We aim to strengthen our growth path in the Italian forklift market.
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