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14 October 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
November 25, 2014
Sched Netweb site
  • Hanjin joins MSC in renewing congestion fee it had withdrawn before
  • US regulators stall merger of east and west-bound TSA quasi-conferences
  • CMA CGM appears to about to buy German short-sea operator as feeder
  • Bigger containerships put greater pressure on the container industry
  • International Energy Agency sees big shift in low-sulphur vs bunker ratios
  • Dock strife undermines west coast claim to be America's super gateway
  • London P&I Club calls for greater attention to masters' night orders
  • India's ship scrap market is hit hard by cheap Chinese steel slabs
  • Class society DNV GL deploys software to indicate accident likelihood
  • Cargo interests call for reform or end to Pierpass at LA-Long Beach port
  • China express grows 15pc a year - not nearly fast enough for e-commerce
  • LATAM Q3 operating income falls 116pc, blames shortfall on World Cup
  • Vietnam's Vietjet to become important link global sourcing supply chain

Exim Indiaweb site
NOVEMBER 24, 2014
  • APM Terminals signs expansion plan for Tema port
  • Asia-Europe rate on SCFI index falls again
  • CMA CGM launches CITRUS EXPRESS service for seasonal export of fruits between East Mediterranean & Black Sea
  • DNV GL signs cooperation agreement on LNG & gas solutions projects
  • G6 Alliance announces Pacific Atlantic service adjustment
  • Hapag-Lloyd welcomes Mexican approval for transaction with CSAV
  • High congestion at US West Coast ports force shippers to opt for airfreight
  • Maersk Line GRI from US to Asia
  • Maersk Line recognised as 'Shipping Company of the Year' at automotive awards
  • UASC announces upgraded MINA service to Med & USEC from 2015
  • Ashok Leyland wins $ 79.2-m order from Tanzania & Zimbabwe
  • Coffee exports may increase marginally, says USDA
  • Rice exports to be hit badly after Iran bans imports
  • Major Ports get together to enhance connectivity; to form new company
  • Rlys to unveil roadmap for next 4-5 years
  • ADB to provide $ 350 m loan for road upgradation in MP
  • Cabinet approves signing of SAARC Motor Vehicles Agreement
  • DGFT to look into cheap imports of pepper from Vietnam & Indonesia
  • FinMin takes steps to boost apparel export
  • Gail (I) to ramp up LNG purchase as oil drags prices down
  • INR turns weak on fresh dollar buying
  • Sitharaman to deliberate on intellectual property rights with US
  • Steps to be taken to boost orange exports: MahaOrange
  • Truck sales grow in last five months

International Transport Journalweb site
  • Exol splurging on fleet
  • Russian government orders TIR reintroduction
  • Broekman Distriport expands terminal
  • Austrian Post re-elects CFO
  • New app makes FPS user-friendlier
  • Competition watchdogs approve South African acquisition
  • For sale: railway lines in NRW
  • Zim riding the wave
  • Key promotion at Bridgestone Europe
  • Property developer building new logistics centre for Zufall
  • Canada: rail services start on new line
  • Vietjet launches cargo subsidiary
  • Nicaragua's gargantuan project under starter's orders

IHS Maritimeweb site
NOVEMBER 24, 2014
  • Panama faces new labour accusations
    The International Transport Workers' Federation (ITF) has alleged that the Panama Canal Authority (ACP) is breaching the country's commitments to global labour principles. In a statement on 24 November, ITF general secretary Steve Cotton claimed that the ACP's attempt to close down tugboat captains
  • Cruising's China race intensifies
    Hours after Carnival Corp announced a possible Chinese shipbuilding joint venture, Royal Caribbean confirmed its own joint venture targeting Chinese cruisers. According to a statement after market close on 21 November, Royal Caribbean's new JV is called SkySea Cruises. Royal Caribbean will own 35%,
  • Oil & Gas UK updates FPSO operations guidance
    Oil & Gas UK has today issued two updated sets of guidelines to help operators of floating production storage and offloading facilities (FPSOs), floating storage units (FSUs), and offtake tankers to adopt advances in industry good practice. "Issue 2 of the Mooring Integrity Guidelines provides
  • Far East cargo surge lifts Hamburg
    The Port of Hamburg today posted an almost 6% rise in cargo throughput for the first nine months, with double-digit gains in container volumes on trading links with Asia. Clawing back market share from its competitors, Rotterdam and Antwerp, the port has seen a 5.7% growth across all commodities
  • Qingdao Port strengthens ties with DP World
    China's Qingdao Port Group and Dubai's DP World entered a strategic framework agreement to enhance co-operation on 17 November. Both parties, under the framework agreement, intend to explore ways for further business growth based on a study of current liner services and trade volumes between their
  • BeiDou satellite network gains IMO recognition
    China's BeiDou Navigation Satellite System was officially recognised by the IMO as part of the organisation's World-Wide Radio Navigation System (WWRNS) at the 94th Session of the Maritime Safety Committee (MSC), said China's Ministry of Transport today. The circular on safety of navigation of
  • CMA CGM almost triples Q3 profits
    Third-ranking container line operator CMA CGM nearly tripled its third-quarter profits year on year, reporting net income up from $70M in Q3 2013 to $201M this year. Cargo carryings reached their highest level in the group's history, rising 8.3% over Q3 last year to 3.2M teu, while turnover
  • Rickmers-Linie sheds charter capacity
    Project and breakbulk shipping line Rickmers-Linie is forging ahead with a restructuring programme to cut losses. The scheme has seen its charter ship fleet cut back, operations and administrative processes reshuffled, and wage costs reduced, the line's CEO, Ulrich Ulrichs, told IHS Maritime.
  • Port of Antwerp blocked by strike
    Ship movements were at a standstill at the port of Antwerp today as dockers and other port service workers took part in the first of a series of 24-hour regional strikes over austerity measures planned by the Belgian government. A port spokeswoman told IHS Maritime that around 50 ships were waiting
  • Subsea 7 in up to $100M contract with Shell
    Subsea 7, the London-based seabed to surface construction company, says it has been awarded up to a $100M contract by Royal Dutch Shell for installation work in the Gulf of Mexico. "The contract value is in the range of $50M to $100M," Subsea 7 said. "The contract scope of work involves the
  • Syria court orders CMA CGM chairman payout to brother
    CMA CGM is ready to take legal action in Syria following reports that an appeal court in Damascus has ordered chairman Jacques Saadé to pay his brother, Johnny, more than €500M in a long-running legal battle over ownership rights in the company. French press agency AFP, which said last week
  • Australian crew stages sit-in on tanker
    Australian seafarers onboard the 30,040gt Tandara Spirit tanker are refusing to sail from Melbourne in protest against the loss of Australian shipping, fuel security, and jobs. Speaking with IHS Maritime on behalf of the crew, Kevin Bracken, Victoria Branch secretary of the Maritime Union of
  • Korea analyst warns against 'cheap' shipbuilder stocks
    Buying the most undervalued stocks, or allocating according to market capitalisation, is not advisable when choosing Korean shipbuilder stocks, according to a shipping analyst. Samsung Securities analyst Youngsoo Han said, "Korea's shipbuilders displayed a correlation co-efficient with the
  • APMT aims to conclude Tema extension agreement early next year
    APM Terminals hopes to reach final agreement on construction of a $1Bn-plus container terminal at the Ghanaian port of Tema during the first quarter of next year with the aim of opening the first part of the development before the end of 2016. Last week, the group announced it had signed a
  • One dead, two injured after lifeboat accident
    Accident investigations are continuing this week into the death of one seafarer and serious injuries to two other crewmen on a chemical tanker off the coast of Germany last week. The incident happened onboard the 11,951 GT chemical tanker MTM Westport, owned by MTM Westport of Singapore. The ship
  • Offshore key to BV expansion
    Offshore will be key to the 2015 expansion plans of Bureau Veritas (BV), Philippe Boisson, legal adviser to its marine and offshore division, told a year-end reception last night. BV, which in August acquired London-headquartered MatthewsDaniel, a key provider of loss adjusting and risk assessment
  • Petra Energy returns to black in 3Q14
    Malaysia-listed Petra Energy, a provider of brownfield services for the upstream oil and gas industry, recorded a profit of MYR8.1M ($2.4M) in 3Q14 ended 30 September 2014, compared with a loss of MYR3.5M in 3Q13. The improved results came from a 50% increase in revenue of MYR173M in 3Q14, compared
  • Mediterranean transhipment migrates south
    Europe's Med ports are continuing to lose out in the transhipment market to newer, more efficient container terminals in north Africa, according to a report by an Italian economic research centre. The report by the Research Centre of the Mezzogiorno, which is run by the Intesa Sanpaolo banking
  • Coastal Contracts 3Q14 net profits up 37.4%
    Malaysian offshore support vessels (OSV) fabricator Coastal Contracts posted a 37.4% year-on-year increase in net profits to MYR54.3M for 3Q14 ended 30 September 2014, largely spurred by scheduled upgrades and fleet renewals by asset owners. Net profit in the corresponding period last year was
  • SHI gains short-term boost from failed merger
    The scrapped merger plan between Samsung HI (SHI) and its affiliate Samsung Engineering lifts the short-term earnings outlook of SHI as there was concern that the engineering unit's losses would hurt SHI's bottom line, said an analyst in a research note. Daishin Securities analyst Feynman Jeon
  • OW Bunker chairman startled by DOT trading loss
    Denmark-headquartered OW Bunker's chairman Niels Henrik Jensen was "extremely surprised" by the huge trading loss incurred of its Singapore-based subsidiary Dynamic Oil Trading (DOT). Jensen said that the management of OW Bunker did not approve the credit line around $120M and $130M, given by DOT
  • Marco Polo year-on-year profits down 39%
    Singapore-listed integrated marine logistic company Marco Polo Marine (MPM) posted a year-on-year drop of 39% in profits to SGD2.51M ($1.9M) during 4Q14 ended 30 September 2014. Revenue dropped 17% to SGD23.6M at 30 September 2014 from SGD28.4M at 30 September 2013. The lower earnings derived from

Marine Logweb site
NOVEMBER 24, 2014
  • Louisiana shipyard builds "space port drone ship"
  • U.S.-built trawler will be most environmental friendly yet
  • EB gets $24.5 million more for Virgina on board spares
  • LR to class Maersk AHTS newbuilds at Kleven
  • Lake Assault Boats moves into new HQ building
  • MAN Diesel & Turbo power for U.S. trawler newbuild
  • Latest McAllister tug is JonRie equipped
  • IMO to be more flexible on ferry LNG tank location

World Wide Shipperweb site
NOVEMBER 24, 2014
  • First vessel undergoing repairs at new Vigor floating drydock
  • Hyundai Heavy Industries names world's largest containership
  • G6 Alliance carriers to adjust Pacific/Atlantic run
  • Port of Seattle releases box numbers for October
  • All parties approve merger between Kinder Morgan companies

Lloyd's Listweb site
NOVEMBER 24, 2014
  • Data Hub: Trade Routes
    Oil, containers and the Middle Eastern paradox
  • Diana Containerships sees charter rates inch up
    Company sees profits despite fewer ownership days
  • Navios results reveal capesize acquisition
    New York-listed company's revenues jump thanks to logistics subsidiary
  • Hamburg increases container market share in northern range
    German port outstrips its rivals as box traffic grows 6.4% in the first three quarters of 2014
  • Can Costa Concordia be a flagship for European ship demolition?
    Breakers will have to fight to compete with Asian yards on price, but can they beat them on quality?
  • Angelicoussis swaps VLCCs for new LNGs at DSME
    Greek owner books up to four new LNG carriers with Korean yard
  • Louis charters cruise vessel from KfW
    Ex-Olympic Explorer will be third ship for new brand Celestyal Cruises
  • South California congestion boosts Oakland box traffic
    Diverted cargo helps the port to record its biggest gain in imports for six months
  • Zim targets fourth-quarter profit
    Israeli shipping line expects to see further improvement as it benefits from a full quarter of restructuring-related savings
  • CMA CGM posts $201m net profit and confirms 18,000 teu deliveries in 2015
    UPDATE: Third-quarter volumes hit a record high and the firm forecasts a strong final three months
  • Antwerp disrupted by regional strikes
    Unions' protest over government austerity measures causes slowdown at Europe's second-largest port
  • CMA CGM posts net profit of $201m in third-quarter on record volumes
    French line confirms Ocean Three alliance on track to launch n early 2015
  • Industry viewpoint: shipping fortunes face the big squeeze
    Shipbuilding investment is creating a permanently overtonnaged industry

The Journal of Commerceweb site
NOVEMBER 24, 2014
  • Tough times ahead for US shippers, FTR warns, as port woes continue
    FTR Associates predicts "a very tough operating environment in early 2015" for U.S. shippers dependent on congested ports. The typical slowdown in freight tonnage during winter months will offer only a "minor and short-term reprieve" from higher U.S. transportation costs, Jonathan Starks, FTR's director of transportation analysis, said in a...
  • Hamburg works to overcome schedule and hinterland challenges
    With worsening delays at the Port of Hamburg, port leaders are hoping that newly formed alliances will improve on-time arrivals while at the same time seeking ways to improve the flow of containers to and from the hinterland. Delays are worsening on arrivals at Hamburg, especially for the largest ships that...
  • As freight demand rises, LTL carrier Holland moves to larger HQ
    The nation's largest regional less-than-truckload carrier is moving to larger digs. Holland will add another 35,000 feet to its headquarters as it shifts to an 85,000-square-foot building. "Our new location will give us the room we need to better serve Holland customers," Scott Ware, president of the 10th-largest U.S. LTL trucking...
  • Shippers rethink supply chains as LA-LB congestion pushes up costs
    Congestion and delays at the Los Angeles-Long Beach port complex continues to push up spot truck rates for shipments moving inland, according to DAT Solutions. For van freight, the average spot market rate from Los Angeles to Phoenix was $3.11 per mile in the week ending Nov. 15, down 3 cents...
  • Diana Containerships swings to net income gain on higher charter rates
    Diana Containerships swung back to profitability in the third quarter, reporting a net profit of $1.4 million on higher charter rates after losing $700,000 in the same period a year ago. The company's time charter revenue rose 18 percent year-over-year increase to $13 million net of prepaid charter revenue amortization. The...
  • Emirates expands Asia to East Africa services
    Emirates Shipping Line on Monday said it will expand its services connecting Asia and East Africa into two fixed-day weekly services that will ensure that "port delays do not impact the quality of service on either loop." The two new services, called the Asia Tanzania Express (ATX) and Asia Kenya Express...
  • CMA CGM profits triple in the third quarter
    CMA CGM's net income almost tripled in the third quarter as the French carrier's container volume surged to an all-time high. The results support the trend in which the largest carriers in the world are also the most profitable. Net income jumped to $201 million in the three months through September...
  • Strike brings Belgium ports including Antwerp to a standstill
    The port of Antwerp is at a standstill as dockers stage a 24-hour strike to protest the Belgian government's austerity program aimed at reducing the country's soaring national debt. Market Share in Northrange Ports - 2Q2014; Source: HHLA Full-size image The ports of Zeebrugge and Ghent have also been brought to a halt...
  • DFDS profits rise despite Russian sanctions, route closures
    DFDS's third quarter profit soared 17 percent even as northern Europe's leading short-sea shipping and logistics operator closed routes and rejigged its network as Russian sanctions hit its key Baltic trades. The Danish shipping and logistics company's operating profit grew to 423 million krone ($70.5 million) in the three months through...
  • Evergreen extends profitable run since joining CKYHE
    HONG KONG - Evergreen Marine recorded an $80 million net profit in the three months ending Sept. 30. as the carrier added a second profitable quarter since joining the CKYH Alliance in March. Capitalizing on the network benefits and lowering transhipment costs enabled Taiwan's largest carrier to significantly boost its earnings...
  • Christmas cargo driving congestion, Philippine officials say
    HONG KONG - The Philippine' cabinet cluster on port congestion, directed by cabinet secretary Jose Rene Almendras, will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February. This latest meeting comes just a week after...

TradeWindsweb site
NOVEMBER 24, 2014
  • Aegean sees red
    Aegean Marine Petroleum posted a third-quarter loss Monday but the company is confident that the tides will turn in the coming year.
  • Exxon sells second suezmax
    It appears that ExxonMobil's US shipping subsidiary has entered the final leg of a race to sell two of its Jones Act tankers.
  • Deval ship saves trio
    A Turkish bulker has rescued the crew of a sailing vessel in distress off Florida and safely delivered them to dry land.
  • Gleeson goes for more
    A flood of criticism following a below par third quarter performance has not prevented BW LPG chief executive Nick Gleeson from topping up his holding in the world's largest VLGC owner.
  • Technip takes newbuilding
    Reach Subsea and Eidesvik Offshore are celebrating a firm contract for a newbuilding that marks the start of a collaboration project.
  • Passengers save ferry
    Passengers used GPS on their smartphones to guide a lost ferry back into Mumbai, India.
  • Why miss all the fun?
    RS Platou Markets has questioned why tanker investors are standing on the sidelines while owners are making all the money.
  • Solvang earnings soar
    The LPG carrier company said net profit was NOK 24.6m ($3.62m) to 30 September, compared to NOK 11.3m in the same period of 2013.
  • Diana back to black
    Diana Containerships has ridden its increased revenue to a profitable bottom line during the third quarter despite a drop in operating days.
  • Solvang sells share
    Norway's Solvang has offloaded a share in a 2008-built gas carrier for a small profit.
  • Skangass seals Eni deal
    Nordic supplier Skangass is to ship LNG from Belgium to Sweden in a new deal with Eni.
  • Navios reveals cape deal
    Navios Maritime Holdings confirmed the purchase of a capesize bulker from Berge Bulk as it reported a deeper than anticipated third quarter loss today.
  • Maersk tipped for MR swoop
    Maersk Tankers is tipped to have snapped up a quartet of medium range (MR) resales from a Greek owner in the latest expansion of its products tanker fleet.
  • DP teams with Qingdao
    Dubai's DP World has further strengthened its ties with Qingdao port in China after signing a strategic framework agreement to enhance port cooperation.
  • CMA CGM linked to OPDR
    France's CMA CGM is reportedly plotting a takeover move for German containership owner OPDR.
  • UK job for Fugro
    Netherlands' Fugro has won a geotechnical contract by DONG Energy that will see two of its vessels join investigation work for a big offshore wind project.
  • CMA CGM hits a peak
    French container line CMA CGM carried a record number of boxes in the third quarter as earnings jumped.
  • Belgium hit by strike
    Belgian port workers have walked out on Monday in a pay dispute.
  • Tsakos sees two bumper years
    New Intertanko chairman Nikolas Tsakos has predicted a couple of strong years ahead for the tanker market.
  • U-Ming on the rise
    Taiwanese bulker owner U-Ming Marine Transport has posted an increase in third quarter earnings as revenue grew.
  • EA launches IPO
    Malaysia's EA Technique is planning to raise up to MYR 74.2m ($22.13m) in a domestic IPO to expand its fleet.
  • Skaugen strikes Pareto pact
    IM Skaugen of Norway has changed tack on the sale of a gas carrier after drafting a deal with Pareto.
  • American Club seeks 4.5%
    The American Club is to seek a 4.5% general increase at the February renewal of protection and indemnity cover.
  • RCCL responds over China
    Royal Caribbean Cruises Ltd (RCCL) is hitting back in the battle to win Chinese market share with a new joint venture.
  • Moller sights $550m more
    AP Moller-Maersk has set its sights on a further $500m chunk of its own stock after completing the first phase of an inaugural share buyback programme.
  • Shell boosts Subsea 7
    Oslo-listed Subsea 7 has won a new Shell contract in the Gulf of Mexico worth between $50m and $100m.
  • Schulte eyes Indian growth
    Germany's Bernhard Schulte Shipmanagement is targeting an expansion of its crewing activities in India.
  • MPM profit down 39%
    Lower revenues and increased costs have combined to drag down Marco Polo Marine's (MPM) net profit by 39%, latest figures show.
  • Communication lesson
    BW LPG has promised better communication with investors and analysts after the debacle over its third quarter results.
  • Statoil cans Stena charter
    Statoil is set to take a $350m charge to cancel the long term charter of a drillship owned by Stena Drilling.
  • Atalanta extended
    The European Union's (EU) counter-piracy Operation Atalanta has been extended by two more years until December 2016.
  • BGC extends GFI deadline
    BGC Partners has extended its offer to acquire GFI Group after failing to convince enough shareholders to back its bid.

American Shipperweb site
NOVEMBER 24, 2014
  • Defense has ongoing struggle with container management
  • Mexico, U.S. strengthen air cargo bond
  • More carriers plan congestion charge
  • L.A. chassis pool makes progress on equipment supply
  • CMA CGM reports record volumes and improved profit
  • ANA wants Asia-U.S. air cargo venture
  • United to beef up European schedule
  • 18 ships at anchor in San Pedro Bay
  • Executive moves

The Bunker Bulletinweb site
NOVEMBER 24, 2014
  • Aegean's Q3 revenue up 13% year-on-year
    Marine fuel sales up 18.5% by volume, up 13% by value.
  • The 9/11 of the Bunker Industry
    Maybe we will refer to November 7 - the day it became clear OW Bunker had collapsed - as a day that changed everything in our niche industry.
  • MGO: Why it is attractive to pirates and what can be done about it
    Senior fellow at Singapore's Nanyang Technological University offers some theories.
  • Ambiguity in application of IGF Code to gas carriers
    Difficulty in setting clear parameters for when gas carriers must also apply new regulation for gas a fuel.
  • CMA CGM books quarterly profit
    Bulbous bow changes paying dividends.
  • Russian fuel oil production climbing
    Volumes up 8.7% year-on-year.
  • OW's US subsidiaries seeking share of debts direct
    In bid to secure at least $100 million to pay creditors rather than money going into a 'black hole' in Denmark.
  • Baltic LNG project: 'Demand is there'
    Companies back plans for Klaipeda terminal.
  • Belgian port strike bites
    24-hour stoppage over wage demands disrupts shipping.
  • ISO invited to develop standard for LNG bunkering connectors
    Introducing standard early can help avoid the need for 'arsenal' of flange adaptors used in the bunker industry today.
  • Brightoil confirms new CEO hire
    Former Sinochem director starts new role this Monday.
  • Spanish yard develops LNG feeder vessel
    STS operations possible with new ship design, says company head.
  • WFS declares quarterly dividend
    Amount is similar when compared to earlier dividends.
  • Ex-Cosco executive gets 10-year sentence
    Cosco Group has been involved in a series of corruption scandals.
  • BIMCO: Lower fuel bill benefits shipping industry
    But marine fuel remains big operational cost, says analyst.
  • Russian authorities mull dual-fuel vessel buys
    Authorities show interest in newly-developed ice breaker design.
  • Dan-Bunkering expands operations in Denmark
    Firm to start trading from new Aalborg office in December.
  • Progress on Russian multipurpose bunker tanker project
    Ship ordered by Tuaspe port.
  • Yearly profits half at Singapore-listed group
    Lower bunker tanker charter rates drag down overall results.
  • Brightoil expands Singapore bunkering operations
    Firm will be adding another bunker tanker to its fleet at the republic, Director tells Bunkerworld.
  • IMO to work on detailed BDN for LNG bunkering
    Proposed BDN would include parameters to define gas quality specifications at delivery.
  • Japanese fuel oil demand has been falling
    Tokyo bunker prices are close to a four-year low.
  • Alliances 'should not discuss surcharges'
    European Shippers' Council has repeated its call for a global authority to keep Vessel Sharing Alliances in check.

›››File
FROM THE HOME PAGE
South Korea's Hanwha Ocean has been implicated in the trade war between the US and China.
Beijing
Beijing also took countermeasures against five US subsidiaries of the shipbuilding group
Port of Singapore set new all-time container throughput record in third quarter
Singapore
By weight, however, this cargo volume recorded a decrease of -1.8%.
Green fuel producers support IMO's shipping decarbonization strategy
London
The importance of introducing incentives for green e-fuels was underlined
In August, freight traffic in the ports of Genoa and Savona-Vado increased by +2.5% thanks to the increase in bulk cargoes
Genoa
Various goods fell by 14.4%. The Spediporto Conference
The US threatens retaliation against states that vote to approve the Net-Zero Framework.
Washington
"Our fellow IMO members," Rubio, Wright, and Duffy warned, "should be warned."
Wallenius Wilhelmsen: New US port tax on car carriers is higher than expected.
Oslo
From tomorrow they will rise to 46 dollars per net ton
USTR announces heavy tariffs on port cranes and other handling equipment made in China
Washington
100% additional tariffs on ship-to-shore port cranes
Salvini reassures the port of Livorno of the additional resources needed for the new Darsena Europa.
Chinese taxes on US ships effective October 14
Chinese taxes on US ships effective October 14
Beijing
Beijing's response to the taxes that will be imposed on Chinese ships calling at American ports
In the third quarter of this year, cargo traffic in Turkish ports grew by 4.6%.
Ankara
Volumes with Italy increased by +7.3%, with a sharp increase in containers (+32.2%)
Taiwanese Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenue
Taipei/Keelung
In the period July-September, decreases of -36.7%, -42.2% and -35.7% were recorded
ASA, ECSA, ICS, WSC, ITF, IAPH and IBIA call for approval of the Net-Zero Framework
Brussels
Only global standards - they underline - will be able to decarbonise a global industry.
Zanetti (Confitarma): ensure the competitiveness of the Italian armaments industry with support tools suited to the sector
Rome
In the second quarter, freight traffic in the ports of Naples and Salerno recorded drops of -5.3% and -3.2%
Naples
Cruise passengers on the rise
New US tariffs will have a strong impact on containerized imports into the US in the coming months
Washington
National Retail Federation and Hackett Associates forecasts
In 2024, freight transported by rail by the Spanish company RENFE Mercancías decreased by -12.0%.
Madrid
The financial year ended with a net loss of -32.2 million euros
ZIM will not apply surcharges for new US taxes on Chinese vessels
Haifa
The new US tariffs will take effect on October 14th.
ABB sells its robotics division to SoftBank Group Corp. for $5.4 billion
Zurich/Tokyo
ABB Robotics employs approximately 7,000 people
Federlogistica calls for acceptance and implementation of the regulation on waiting times for heavy vehicles.
Ten European rail associations call for acceleration of TEN-T network completion
Brussels
The need to ensure sufficient funding for the implementation of interoperable systems at European level was highlighted
SAAM Towage to Complete Acquisition of Entire Share Capital in Colombia's Intertug
Santiago
An agreement was signed to obtain the remaining 30%
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Cairo/Ismailia
In the first eight months of 2025, maritime traffic fell by -9.4%
Port of Salerno: Work resumes to complete the "Porta Ovest"
Naples/Rome
Cuccaro appointed special commissioner of the Central Tyrrhenian Port Authority. Annunziata resigns.
Renewal of concession for Croatian shipyard Iskra Shipyard
Sebenico
The naval-mechanical plant will be expanded to an area of 11,000 square meters
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
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ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
Palermo
The direct intervention of the AdSP commissioner Tardino was crucial - explain Filt, Fit and Uilt
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
Port of Civitavecchia appoints members of the Marine Resources Partnership Body
Civitavecchia
He will remain in office for four years
New quarterly record for container traffic handled by CMPort port terminals
Hong Kong
New highs recorded both in China and at overseas ports
CMA CGM to order six feeder containerships from Cochin Shipyard
Kochi
Order worth approximately 300 million dollars
Efficient solutions for the port launching of floating wind turbines are being studied in France
Trondheim/Brest
Agreement between the Norwegian BOA and the port of Brest
Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co.
Rome
It has a capacity of 18,590 deadweight tons.
IRU, CLECAT, ESC and GCCA oppose binding targets for demand for zero-emission trucks
Brussels
They ask to focus instead on creating favorable conditions for operators to be able to use them.
Marialaura Dell'Abate is the new president of Confitarma's Young Shipowners' Group.
Rome
In the third quarter, cargo traffic in Russian ports grew by +4%
St. Petersburg
Only import loads are decreasing
Matteo Caiti appointed country manager for Italy at Forto
Milan
The goal is to consolidate growth on the Italian market
DP World to build and operate multimodal terminal in Uzbekistan
Dubai
Joint venture with Tashkent Invest
Confitarma welcomes Senate approval of simplification measures for the maritime transport sector.
Rome
A rapid approval in the Chamber is also hoped for
Applications for rail freight transport incentives are now open.
Rome
From today the requests to access the Ferrobonus
The maritime, port and logistics sector asks the Ministry of Transport for clarification on the regulation on waiting times for loading and unloading goods
Rome
A dialogue was called to determine the identification of correct application indications of the law
Four icebreakers for the U.S. Coast Guard will be built in Finland.
Washington
Agreement signed by Presidents Donald Trump and Alexander Stubb
PSA International wins the "Best Singapore Investor in Italy" award.
Genoa
It was awarded by the Italian Chamber of Commerce in Singapore
The Italian Navy's Olterra ship was launched in Genoa.
Genoa
It is the first military project built by the T. Mariotti shipyard
The first ferry owned by the Sicilian Region launched in Palermo
Palermo
Folgiero: Revitalization of the Sicilian shipyard as part of Fincantieri's new industrial plan
In the third quarter, containers carried by OOCL vessels increased by +0.7%
Hong Kong
Accentuation of the reduction in revenues which fell by -25.9%
Assologistica approves new rules on pallet exchange
Rome
Approved by the Senate, the text passes to the Chamber of Deputies
Offshore wind farm in the port of Augusta ready in two or three years
Palermo
Di Sarcina: We are confident in a rapid allocation of the planned resources, amounting to approximately 50 million euros.
In the Netherlands, a self-driving vessel has been authorised to sail outside a restricted area.
Rotterdam
German company Helsing acquires Blue Ocean Monitoring
London
Australian company builds self-driving submarines
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The decree designating the port of Taranto as a national offshore wind hub has been made official.
Taranto
Gugliotti: Unlock resources for modernizing and upgrading port areas
One of two injured sailors from vessel attacked in Gulf of Aden dies
Amsterdam/London
Dominquez (IMO): Strong condemnation of any type of attack against ships
Salvini met with the deputy CEO of the Turkish terminal operator Yilport.
Rome
At the centre of the meeting was the dredging of the port of Taranto.
The Logistics & Sea Academy has equipped itself with new simulators for operating ships, tugboats, trains and port cranes
Venice
Investment of four million euros
Giovanni Punzo, founder and president of CIS - Interporto Campano for thirty years, has died.
Nola
Among the founders of Italo, the first private Italian operator on the high-speed rail network
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
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 seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
We'II Rebuild Apapa, Tin-Can Ports In 48 Months - Dantsoho
(Leadership)
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
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