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Independent journal on economy and transport policy
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BRIEFS
January 31, 2014
Sched Netweb site
  • London Gateway bags Hamburg Sud and Hapag-Lloyd from Tilbury Docks
  • Ships advised to steer clear of Hong Kong-Macau yacht race
  • Baltimore dockers' union fined US$3.8 million in damages for 3-day strike
  • Faced with bumper domestic crop to sell, China blocks US grain imports
  • Savannah posts 7.4pc December box growth, targets 3 million TEU by July
  • CP Rail profits up 80.7pc to US$782.5 million as revenues rise 8pc
  • EU MPs seek stricter nitric dioxide reporting from smaller vessels
  • Guizhou's expressways now total 3,281 kilometres in 2013
  • Inner Mongolia's expressway links with eight big neighbouring cities
  • Jiangsu's Nantong port volume up 10.6pc to 205 million tonnes
  • Weihai port box volume up 16.6pc to 650,000 TEU in 2013
  • Shandong coastal port volume up 8.1pc to 12.1 million TEU in 2013
  • Beijing-Hangzhou Canal north Suzhou section cargo traffic breaks record
  • Wuzhou becomes largest container river port in Guangxi
  • Manila's ICTSI sells 25pc of Nigeria Lekki box shop to CMA Terminals
  • No one hurt when Canadian National freight derails in New Brunswick
  • CMA CGM offers Mozambique feeder serving Quelimane and Pemba
  • ATA truckers celebrate 2013 as best year for-hire tonnage in 15 years
  • Damco upgrades Suzhou and Hangzhou offices, plans 8 more in north Asia
  • Charleston mulls collaboration with rivals to accommodate bigger ships
  • China's first 10,000-tonne heavy rail freight line to open this year
  • Changi handles record number of passengers, flight movements in 2013
  • Bombardier increases aircraft delivery, orders despite slow economy
  • Russia's AirBridgeCargo achieves 5pc higher volumes in 2013
  • FedEx offers SMEs New Year's Resolutions on winning global sales

Exim Indiaweb site
JANUARY 30, 2014
  • Arun Kumar Gupta assumes charge as SCI CMD
  • DNV GL's position paper sees LNG, hybrid propulsion solutions among the alternative fuel mix for global shipping in future
  • SRS Business Conclave 2014 strategises on promoting liner business across geographies
  • Facilities would be provided at Bhaucha Dhakka, says Deora
  • France's Dunkirk port sees record box cargo volume in 2013
  • Cargo train linking East China & Central Asia commences operation
  • CWC seeks strategic alliance partner for its Dronagiri facility
  • Grape exports to increase despite fall in production
  • INR turns weak after US Federal Reserve announcement
  • Six firms to set up mega solar power project in Rajasthan
  • South Korea seeks drastic cut in import duties

International Transport Journalweb site
  • Arcole Industries raises offer for Mory Ducros
  • PKP Cargo studying link between Poland and Luxembourg
  • TNT Express to retain its domestic Brazil business
  • Port Corpus Christi strengthens intermodal trade
  • "Yes" to closer technical collaboration
  • JAL reduces international cargo surcharge
  • New director for CMA CGM South Africa
  • ID Logistics reports impressive turnover growth in 2013
  • CMA CGM reinforces Middle East to Somalia link
  • Switzerland and Italy ink railway agreement
  • Single fee for all Air Canada screenings in UK
  • Cargolux straightening out CEO nomination matters
  • Prize for president of Zim Americas
  • Stabile Seitwärtsbewegung
  • BTK phases in new logistics centre in southern Germany
  • Leclerc investing in fleet
  • Ein Blick zurück - der Schifffahrtsmarkt 1939 und heute
  • Iran and China said to be planning common cargo airline
  • SBB reinforced in French-speaking region

Marine Logweb site
JANUARY 30, 2014
  • BAE Systems launches first Jackson Offshore PSV
  • Detyens wins $9.65 million Navy contract
  • Sea ice delays delivery of first Davie Cecon newbuild
  • Kongsberg to be major supplier for Petrofac newbuild
  • MSRC in Alaska NTV support alliance
  • Kirby reports record earnings
  • Vigor Marine wins $6.6 million MSC contract

World Wide Shipperweb site
JANUARY 30, 2014
  • Port association pleased with President's stand on transportation
  • Six U.S. maritime acadamies net Maritime Administration funds
  • Boeing honoring Seahawks with special 747-8 livery
  • Spill resonders teaming up for coverage of Western Alaska
  • Change of command today for Sitka Coast Guard Cutter

Lloyd's Listweb site
JANUARY 30, 2014
  • Too squeezed to pay the fees
    Downturn drives three small players to quit Dutch shipowner group
  • Stolt-Nielsen warns of excessive orders for chemical carrier
    Easy access to equity raises new threat of oversupply
  • Gas and chemical tankers boost Stolt-Nielsen
    Strong spring for VLGC owners, says chief executive
  • Nakilat secures $669m to double Maran joint venture's LNG fleet
    UPDATED: Lloyd's List understands that Nakilat is acquiring a participation in two recently built Maran Gas newbuildings
  • Problems with refrigerated containers? Perish the thought
    TT Club's claims executive, Mike Yarwood, outlines the key elements in managing risk and minimising claims
  • Carrier reliability slips to two-year low
    SeaIntel flags a 'worrying' dip in box lines' on-time performance
  • Europe wants mandatory standards for armed guards
    ISO 28007 will not create a level playing field if member states remain unwilling
  • Dutch ban on private maritime security firms hurts local owners
    Hardline stance deters inward investment, says Netelenbos
  • Saudi Arabia opens new container gateway
    Low-key start for King Abdullah Port
  • Jeddah expands to meet demand
    The only way is up as volume growth feeds investment in infrastructure
  • Kirby posts record fourth-quarter earnings
    Tank barge operator books $643m
  • Brazil aims to boost its presence in offshore shipbuilding
    Petrobras partner is learning from experienced international players
  • Members give North and Sunderland Marine merger the go-ahead
    Sunderland will operate a subsidiary company
  • China Shipping Development takes the pain and looks to a better 2014
    Provisions against losses expected this year are already accounted for in fiscal 2013
  • Mexico will create new tanker trades
    Sweeping energy reforms will lead to rising tanker shipments to Europe and Asia
  • Legal grey area for lines as Brussels opens antitrust proceedings
    Commission to investigate whether freight rate announcements represent unlawful price signalling
  • Ballast convention's billion dollar bill
    Treatment type approval remains a problem
  • Navios Partners eyes more boxships
    Bullish owner is in no rush to recharter nine bulkers at 'very early' stage of recovery
  • Pacific & Atlantic buys one arrested panamax and ponders a second
    Sea Resolute becomes the largest vessel yet as Pateras returns to bulk
  • Second collision off Singapore as NYK boxship collides with barge
    MPA makes progress on clean-up after earlier incident with Cosco boxship and chemtanker

Fairplayweb site
JANUARY 30, 2014
  • Piracy suspects arrive in Seychelles
    Five suspected Somali pirates arrived in Seychelles last night.1473145.timg
  • Nordea staged strong 4Q
    Nordea says the profitability of its business staged a strong recovery in the final quarter of 2013 and the whole year's operating profit also increased significantly on 2012
  • Fuel savings for Clipper Group's modified ship
    Clipper Group, the Copenhagen-based diversified shipping group, said one of its ships has accrued substantial fuel savings after its bulbous bow and rudder bulb were replaced with ones of a new design
  • Stolt Tankers lift Stolt-Nielsen results
    Stolt-Nielson's chemical tanker unit helped the company to improve its performance both in the final quarter and the full financial year 2013
  • Baltic ro-ro and cargo trades remain subdued
    Ro-ro and general cargo liftings in the lower Baltic region remain subdued, according to the latest throughput figures from Germany's Baltic Sea ports
  • Fortescue exports up 40%, guidance down
    Fortescue shipments rose above 40% in 4Q13, but target output fell, according to the miner's report to the Australian Stock exchange today
  • NZ inspector injured on Korean fishing vessel
    A New Zealand government inspector has lost his arm after an accident on board the Korean fishing vessel Sur Este 700 south of Bluff
  • Vantage Drilling cancels drillship order at STX
    A drillship that US-based Vantage Drilling originally ordered at STX Offshore & Shipbuilding was cancelled, after attempts to transfer the order to Daewoo Shipbuilding & Marine Engineering fell through
  • Aurora emerges as the new kid on LPG block
    Yet another newcomer has emerged in LPG shipping
  • Supramax market still struggling in Asia
    Supramaxes in Asia continue to struggle amid an ongoing dearth of Indonesian ore cargoes
  • Kenya buys new offshore patrol vessel
    Kenya's maritime security will shortly be boosted by a new offshore patrol vessel
  • MISC profits could improve this year
    Malaysian shipping company MISC may see better 2014 profits, as earnings from its oil tanker, chemical tanker and LNG businesses are expected to improve, said an analyst today
  • Cash windfall for Mombasa port
    Infrastructure upgrades and customs streamlining at the port of Mombasa, Kenya have been made possible by a KSh2.5Bn ($1.5M) grant from the US government
  • NYK box ship collides with barge in Singapore
    A box ship has collided with a barge in Singapore this morning, the second such accident in the city-state in less than 24 hours
  • CSDC forecasts $344M losses for 2013
    China Shipping Development (CSDC), a bulk shipping arm of China Shipping Group, predicts it will sink to at least 2.1Bn yuan ($344M) in losses for 2013

The Journal of Commerceweb site
JANUARY 30, 2014
  • Volume, Pricing Gains Boost UPS Freight
    UPS Freight, the trucking arm of $55.4 billion package giant UPS, increased less-than-truckload revenue 5.3 percent or $125 million in 2013 to $2.5 billion. UPS Freight LTL revenue, 2008-2013 Full-size chart That's a higher growth rate than in 2012, when the fourth-largest LTL carrier as ranked by revenue increased its annual sales by 3.5...
  • UPS, E-commerce and the 'Deferred' Economy
    The latest earnings from UPS reveal two trends that might at first seem contradictory: e-commerce is growing in leaps and bounds globally, and customers are choosing to defer delivery on packages to get greater savings. Surely, as the holiday delivery debacle at UPS seemed to show, people ordering online want their...
  • Maersk to Launch New Reefer Technology
    Maersk Container Industry has teamed up with Primaira, a Boston-based technology company, to develop a high ozone air cleaning system for refrigerated containers that will help ocean carriers capture more of the $14 billion-a-year market for transporting cut flowers from airlines. The A.P. Moller-Maersk subsidiary said test trials have shown that...
  • Executive and Congressional Support for Foreign Trade Zones Needed to Fulfill President's Call for Export Growth
    Daniel GriswoldPresident Obama's 2014 State of the Union address included welcome pledges of support for U.S. manufacturers and exporters. But there was no mention of the ambitious goal the president set in announcing the National Export Initiative just four years ago - to double U.S. exports by 2014. After an...
  • CP's Harrison Expects Rail Consolidation Within Six Years
    Canadian Pacific Railway CEO and President E. Hunter Harrison doesn't think the Class I industry will go another five to six year without some consolidation. One path would be a "merger across the Mississippi River," in which the each of the Western U.S-based Class I railroads merges with an Eastern counterpart,...
  • Despite Holiday Woes, UPS Revenue Rises on Strong Global Volume
    What did the holiday delivery debacle cost UPS? The company's fourth-quarter earnings results suggests a figure somewhere in the neighborhood of $178 million. Extraordinary increases in volume filled UPS package vans, trucks and planes in the 2013 fourth quarter, but higher costs took a bite out of earnings. Operating profit for the...
  • A New Take on Alliances
    I'm not sure the shipping world needs another article on the emergence of apparent super alliances such as the P3 and G6 (or 8). But I do have perspectives I haven't seen in writing, based on being in this industry for 40 years, seeing the industry turn over two or...
  • YRC, Lenders Work on Refinancing Plan
    With a $300 million debt-for-equity swap under way, YRC Worldwide is racing to clear one last hurdle to refinance its long-term debt before a February deadline. The company is negotiating with lenders to secure a new $450 million asset-based loan and a new $700 million term loan, for a total refinancing...
  • TNT Express to Keep Brazil Unit
    TNT Express today announced it will retain its domestic delivery operation in Brazil following the termination of talks with potential bidders for the business. "There was interest in the business, but ultimately not an acceptable price or conditions," the Dutch logistics and parcel delivery group said. "As a result of the turnaround...
  • Cargotec's MacGregor completes acquisition of Aker Solutions' mooring and loading systems unit
    Cargotec's MacGregor has completed the acquisition of the mooring and loading systems unit from Aker Solutions. Cargotec announced the agreement to acquire the unit in October 2013 for an enterprise value of approximately EUR 180 million. The unit will be consolidated into MacGregor's results as of 1 February 2014. "The addition...
  • Canadian Pacific Looks to Domestic Intermodal for Growth
    CP locomotive with intermodal trainCanadian Pacific Railway is targeting domestic intermodal as one of the two biggest drivers of growth for the company in the coming years. The railroad said it has already gained market share though new services. "In my previous experiences, you've got to go out there and prove...
  • Port of NY-NJ Charts a New Course
    As the Port of New York and New Jersey enters 2014, everyone's trying to prevent a recurrence of 2013. Last year was one to forget for the port's customers. New York-New Jersey's reputation was battered by summer-long operational problems that produced tens of millions of dollars in losses for truckers, terminals...
  • Transport Corp. of India's Profit Surges
    Trucking and logistics giant Transport Corp. of India reported its net income in the third fiscal quarter, which ended Dec. 31, 2013, was $2.3 million, jumping 27 percent year-over-year from $1.8 million. Quarterly revenue climbed 4 percent from a year earlier to $82.4 million, the company said in a written statement. TCI's...
  • Asia-Pacific Air Cargo Demand Fell in 2013
    Asia's leading airlines saw international air cargo demand contract last year despite a partial recovery in the final quarter. Preliminary figures from the Association of Asia Pacific Airlines revealed brisk growth in passenger numbers but a 0.6 percent contraction in international air cargo demand despite a 1.1 percent increase in capacity. Andrew...
  • Truck Efficiency -- Time to Get on Board
    "For the last eight years, the United States has reduced our carbon emissions more than any other nation on earth." - President Barack Obama, State of the Union, Jan. 2014 You may not have watched the 2014 State of the Union address by President Obama and, if you did, you may...
  • HSBC Economist: Weak Yen Could Lift Japan's Exports
    Japanese export volumes could finally surge this year after a disappointing 2013 as manufacturers start to reflect the decline of the yen in more competitive pricing in overseas markets, according to one leading economist. Japanese exports increased 15.3 percent year-on-year in December by value, with major gains seen in the auto,...

TradeWindsweb site
JANUARY 30, 2014
  • Tsakos seeks extension
    Tsakos Energy Navigation does not appear to have abandoned plans to pen another LNG carrier at Hyundai Heavy Industries in South Korea.
  • TEN taps Wall Street
    Tsakos Energy Navigation of Greece has turned to the capital markets for the cash it needs to modernise and expand its fleet of tankers and LNG carriers.
  • MarAd shares the wealth
    The US Maritime Administration (MarAd) is ploughing cash into six of the nation's maritime academies.
  • Watching Capital for growth
    Dividend-hungry investors will be listening for hints about Capital Product Partners' growth strategy when it reports fourth-quarter earnings.
  • Finnlines reels in ro-ro
    Finnlines Plc (Finnlines) has assumed ownership of an ageing ro-ro controlled by its German subsidiary.
  • ISC locks away cape
    International Shipholding Corp (ISC) has put its only capsize bulker on a term-charter lasting through the year, executives revealed today.
  • Exmar in the money
    Exmar turned in a fourth-quarter profit Thursday thanks in part to the improved performance of its LPG division.
  • GranEnergia bags cash
    Brazilian owner GranEnergia has bagged $150m in financing from Mizuho Bank and Itau BBA International for a sophisticated offshore accomodation newbuilding.
  • Warwick ups DHT stake
    UK hedge fund Warwick Capital has emerged as a major investor in expanding crude tanker owner DHT Holdings.
  • Lack of liquidity
    Croatia's Tankerska Plovidba is going private because not enough of its shares are traded.
  • Knightsbridge in the frame
    John Fredriksen's Knightsbridge tankers is rumoured to have added a modern capesize bulker to its fleet.
  • VLCC rates falling fast
    VLCC rates are coming down hard this week amid intense competition for cargoes.
  • Gupta confirmed at SCI
    Arun Kumar Gupta has been confirmed as the new chairman and managing director of Shipping Corporation of India (SCI).
  • JMU scoops AHTS
    K Line-backed OJC orders newbuilding to ABS class at Japanese yard.
  • Fourth quarter cleansing
    China Shipping has thrown the kitchen sink into its two listed subsidiaries during the fourth quarter to avoid a rerun of the pressure heaped on China Cosco this year, Barclays Capital says.
  • Kirby sets record
    US tank-barge giant Kirby Corporation has posted its best-ever earnings in the fourth quarter.
  • Big outbreak hits RCL
    An outbreak of a stomach virus on a Royal Caribbean (RCL) cruiseship has been called the worst for 20 years.
  • Capital cuts BW LPG stake
    Capital Group of the US has cashed in some of its chips in Oslo-listed VLGC heavyweight BW LPG.
  • CSDC digs deep
    China Shipping Development Co (CSDC) is providing up to $500m to help its Hong Kong unit pay back offshore loans.
  • Sasebo cuts loss
    Japan's Sasebo Heavy Industries has reduced its loss in the first nine months, but is predicting a weak finish to the year.
  • Niini takes a back seat
    Aker Arctic managing director Mikko Niini is retiring as part of a management reshuffle which sees former Wartsila chief executive Ole Johansson installed as chairman.
  • Pateras pounces at auction
    Nikolas Pateras of Pacific & Atlantic has pounced on another panamax bulker as he continues to grow his fleet, this time a ship previously controlled by compatriot owner Alert Shipmanagement.
  • Tankers spur Stolt
    A continued recovery at its tanker division has helped Stolt-Nielsen to a stronger than anticipated fourth quarter showing.
  • Dof sells out
    Norway's Dof has sold out its NOK 700m ($113.39m) bond issue.
  • Duty-free in Iran
    Iran's Ports and Maritime Organisation is to exempt overseas container lines from paying duty on cargoes in a bid to lure them back.
  • Wallenius takes options
    Wallenius Lines has declared an option for two additional post-panamax car carrier newbuildings in China.
  • CSDC's costly charters
    China Shipping Development Co (CSDC) is taking a $57.36m hit after calculating future losses from chartering in two VLCCs and a capesize.
  • Yards seal flotel deal
    Mexican oil company Pemex is spending $407m on two floating accommodation vessels in Spain.
  • North ties the knot
    Members of the North of England Club and Sunderland Marine Mutual Insurance (SMMI) have voted in favour of a proposal to merge.
  • NADL drops on debut
    North Atlantic Drilling Ltd (NADL) has made a disappointing debut in New York with its share price ending the day down almost 8%.
  • Boxship bashes barge
    Singapore has seen a second collision between two ships in less than twenty four hours, it emerged Thursday.
  • Prang off Singapore
    A chemical tanker and a containership have collided in waters off Singapore, but pollution is said to be light.

American Shipperweb site
JANUARY 30, 2014
  • New JaxPort master plan focuses on rail, harbor access
    The plan includes recommendations for stepped-up efforts to develop direct intermodal rail access and deepen the harbor, as well as relocating some container operations from the Talleyrand Terminal to minimize maintenance dredging.
  • Panalpina adds product assembly to service offering
    Panalpina did not disclose the identity of the company, but said it is now managing the assembly of semi-knocked down units for base stations at cell phone towers.
  • NY/NJ Port Authority considering sale of rail assets
    The Port Authority of New York and New Jersey confirmed a report that it is "considering all options for the future of ExpressRail, including its future privatization." ExpressRail is the port's on-dock rail facility.
  • UPS reports fourth-quarter strain due to weather, volume
    "The increased volume put a strain on our network, causing delays. In response, UPS deployed additional people and equipment, placing a greater emphasis on service than cost," UPS' CEO said.
  • Arkansas Best ends 2013 with gain
  • African cargo carrier to launch in February
    Khuphuka Kings Airways will begin scheduled cargo flights from its base at the King Shaka International Airport in Durban, South Africa, to Lubumbashi, Congo, in February.
  • Canadian Pacific reports $6 billion record year
  • Drewry: Air freight rates cool in December
  • AutoInfo changes name to Sunteck
  • Maersk-Rickmers to 'flag out' breakbulk ship
  • C.H. Robinson moves into Austria
  • Executive moves
  • N.Y. importer of illegal piranhas 'driven by greed'

The Bunker Bulletinweb site
JANUARY 30, 2014
  • More warnings of impact from sulphur regulations
    Ferry tickets will cost 33% more.
  • Prices firm in Fujairah
    Avails for MGO reported tight in Cape Town.
  • Prices stick to upward trend across Europe
    Congestion reported at Gibraltar.
  • Sri Lanka's JHK posts group profit
    But bunkering business flounders in full year results.
  • EU Environment Committee under attack over SOx monitoring
    Committee's position makes 'little sense', says environmental campaign group.
  • Rotterdam sees another fall in bunker volumes
    Year-on-year sales down by 4.5%.
  • Stolt-Nielsen rides stronger tanker market
    But says, overall, recovery will be slow.
  • Singapore: 'Tight supply' in February
    February derivative 180 cSt price heads to three-month high.
  • Interest in LNG bunkering growing
    Studies on LNG bunkering need common approach.
  • Asian bunker prices marginally up
    Offices in Singapore, Hong Kong, Busan will be closed on Friday.
  • South Korean bunker sales fall
    Sales volume has fallen by 16% in 2013.
  • Ideas on reducing emissions to attract government cash
    UK offering $7 million for proposals.
  • Another Singapore vessel collision causes fuel leak
    'The two vessels involved in the collision are currently safely anchored and in stable condition', says MPA.
  • Car carrier orders fuel-saving vessels
    Ship design marries large capacity with low fuel consumption.
  • 'Good progress' in bunker spill clean up at Singapore
    No further spillage of bunker fuel from Feihe, says MPA.

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