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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:23 GMT+1
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BRIEFS
November 10, 2017
Sched Netweb site
  • CMA CGM hikes rates from Asia to Latin America, Caribbean Dec 1
  • ICS says the world can achieve 'zero ship CO2 emissions' by the year 2100
  • ITCSI profit up 5pc in first 9 months as revenues rise 10pc
  • Ships still fly tax haven flags of convenience, but trend moderates
  • Charleston volume up 10pc to 184,804 TEU in record-breaking October
  • Regional Container Lines orders two 1,668-TEU feeders from China
  • Cosco Shipping Ports starts on new box terminal at Khalifa port
  • BNSF quarterly profit up 2pc to US$1.95 million as revenues rise 3pc
  • Sea captain tells why there is no safe port in a storm for box ships
  • US Coast Guard sets 10-knot speed limit to save the whales
  • Maritime lawyers join cyber security firm to provide 'health check'
  • Singapore Air nearly triples quarterly profit, but faces headwinds
  • Miami airport launches Cargo Flight Tracker for US air freight industry
  • Loss of slots at Amsterdam Schiphol is fault of carriers, not protectionism

Exim Indiaweb site
NOVEMBER 9, 2017
  • Maersk Line's Hamburg Süd acquisition clears Chinese hurdle, with conditions
  • Ministry of Shipping focusing on liquid cargo infrastructure in rail & waterways modes
  • MOL joins research project on use of vibrating sensors to ensure safe ship operation
  • Kolkata Port handles 12 pc more cargo in H1 2017-18
  • Cathay Pacific awarded IATA CEIV Pharma Certification for handling pharmaceutical products
  • DCCAA to initiate opening IIFF Northern Region Chapter in Delhi for skill development
  • Gateway Distriparks has impressive Q2
  • PM Modi, Bangladesh PM & West Bengal CM jointly launch connectivity projects between India & Bangladesh
  • Snowman Logistics focusing on cost optimisation

International Transport Journalweb site
  • "In the top five by 2023"
  • Diesel locomotive simulators to increase safety
  • Fedex purchases up to 50 ATR 72-600Fs
  • UPS builds on blockchain
  • Positive outlook for shipping from Wista UK
  • 500 new hoppers to boost capacity
  • Change at the top for reusable receptacle specialist
  • Etihad Airways supports Louvre Abu Dhabi
  • Trump mission makes big Boeing deal in China
  • High jump in revenue for Agility
  • US east coast still delivering strong results
  • First US e-highway demonstration in California
  • Wanted: new CEO for Palfinger in 2018
  • Cosco ready to invest in other corporations
  • Ziegler's next generation steps in
  • Timber exports boost Croatia railfreight volumes
  • Deutsche Post DHL continues profitable growth trajectory
  • Preparations at old and new Sydney airport

IHS Maritimeweb site
NOVEMBER 9, 2017
  • Officers arrested over disappearance of MSC Giannina master
  • Capacity control in spotlight as excess capacity continues to plague container shipping
  • Overcapacity haunts LPG carriers, but tonnage inflow expected to ease
  • China and US sign USD43 billion Alaska LNG deal
  • Charter tonnage solves Maersk's cargo logjam
  • Nordea shipping loans caught up in 'Paradise Papers' spotlight
  • Epic Gas narrows Q1 2017 losses
  • Korea Line Corporation recovers USD68 million in charterhire dispute
  • FSL Trust deteriorates to loss
  • Marco Polo finds white knight from CEO's business acquaintances

The Loadstarweb site
NOVEMBER 9, 2017
  • Forwarders and shippers caught in the updraught of an air cargo 'perfect storm'
  • Overcapacity making waves in the containership charter market
  • New business and success of e-fulfilment service boosts Wincanton half-year results
  • Bigger ships, smaller shipments... a circle that needs to be squared
  • FedEx ATR order could spark new interest in turboprop freighters
  • Seafast Logistics targets Ethiopian beef trade boom with new Djibouti facility

Marine Logweb site
NOVEMBER 9, 2017
  • MAN will retrofit TOTE RO/RO duo to dual fuel LNG operation

Lloyd's Listweb site
NOVEMBER 9, 2017
  • Daily Briefing
    Shipping will be included in the EU emissions trading regime
  • Chemical tanker market to recover by late 2018, says Drewry
    Limited new orders coupled with a shrinking of the tonnage supply-demand gap to support
  • ECSA and ETF call for easing of administrative burdens on shipping
    Both organisations call for EU member states to be ambitious in harmonising reporting formalities at European ports
  • Fire breaks out on tanker at Gadani recyling yard for the second time
    Incident comes after an explosion occurred on the tanker in November 2016 that killed 31 workers
  • HMM posts third-quarter net loss
    Revenue though rose 20% year-on-year as a result of cost optimisation measures
  • Oakland port gives initial approval to convert ex-military base into logistics complex
    Final approval from port authority expected by November 30
  • Strong cruiseship demand continues to drive Fincantieri results
    Results in line with group targets for the 2016-2020 business plan
  • Singapore gears up to be a key player in the global maritime arbitration sector
    With the launch of the Singapore Ship Sale Form and the recent developments to the widely used standard maritime forms...
  • GoodBulk posts second-quarter profit
    Company benefits from operating vessels as part of pools of 65 and 58 vessels respectively

The Journal of Commerceweb site
NOVEMBER 9, 2017
  • US regulators move to ease NVO contracting rules
  • Yang Ming breaks string of 10 straight quarterly losses
  • Court ruling fails to resolve Great Lakes pilotage issues
  • Record US import gains unlikely to be repeated in 2018
  • Truck capacity 'imbalance' slows US-Mexico freight
  • Proposed Mexican coastal rail bridge faces steep grade
  • Infographic: Road to ILA contract negotiations
  • MSC pursues stake in Russian rail operator Transcontainer
  • JNPT rail volume stagnant despite port push

TradeWindsweb site
NOVEMBER 9, 2017
  • TOTE signs with MAN for Alaska LNG convert
    Jones Act shipowner says it will do retrofits on two ro-ros as part of fleet wide push to use cleaner gas.
  • Analyst: International Seaways' shares 'overreacting'
    Stock slips almost 8% in afternoon trading following miss on revenue.
  • Gener8 drops debt as 'eco' VLCCs outperform
    New York-listed company says it's comfortable with size of fleet and its balance sheet.
  • Norwegian Cruise Line beats estimates while lowering outlook
    New York-listed cruiseship owner pushes down guidance for 2017 in response to hurricanes and vessel problems.
  • Jones Act owner OSG seeks to tap Norwegian bond market
    But US-flag player faces headwinds as it woos investors to raise $100m in unsecured notes
  • NAT's 2017 gets tougher amid queries on dividend and earnings
    Herbjorn Hansson's retirement savings, 'Friday night fright' release and strange money transfers in Bermuda are all part of the latest Nordic American Tankers' drama
  • Results reflect governance standards, says Webber
    Avance Gas and Seaspan among the big gainers in semi-annual Wells Fargo corporate governance report, while Kirby falls from top spot
  • Lines exercise caution over modest rise in freight rates
    Sailings trimmed in a bid to shore up freight rates ahead of contract negotiations
  • Boxship demand remains the big question
    Carriers are toasting a strong peak season but the near-term prospects for freight and charter rates is far more uncertain, analyst says
  • Saade wins plaudits for 'bold' commitment to LNG fuelling
    Decision awaited about supply and infrastructure that will support this pioneering move
  • Shift in demand to wide-beam boxships to accelerate
  • Hoegh FSRU off to Gas Natural
  • Jovo launches search for midsize LNG newbuilding
    Rare requirement emerges for vessel to trade cargoes into small Chinese terminals
  • Dynagas greenlights China's first FSRU
  • Second Arc7 heads to Yamal
  • Statoil longlists six for LNG ship time charter
  • Cheniere narrows down low-key LNG carrier hunt
  • Statoil takes Eletson Gas ethylene unit on minimum two-year deal
  • Trouble in Paradise Papers for Wilbur Ross' double standards
    Increased corporate transparency and the public's intolerance of questionable deals heightens the reputational risks for all players in the shipping chain
  • Endesa emerges for LNG carrier time charter duo
    Fresh period business gives owners of existing ships something to chew on as charter rates hold at improved levels
  • Commercial ships may aid 'critical' worries over Canadian icebreaking
    Talk has turned to bareboat chartering commercial vessels to help overcome issues of winter port closures and the Canadian Coast Guard's ageing fleet
  • Orsted says good riddance to DONG's dirty reputation
  • Special-survey bell tolls for North Sea anchor-handlers
    AHTS owners have a 'mountain to climb' to address the supply imbalance but a lack of dry docking may make a big impact
  • Canadian government moves may impact shipping
  • Nova Cura investigation reveals failings in electronic chart data
    Investigation into Greek grounding discovers ship used outdated and inaccurate electronic charts
  • Emergency responders buoyed by rise in LOF awards
  • Westminster and Weinstein rows serve as big reminder to shipping
    The industry needs new ideas and energy to promote gender equality, all the way up to the top
  • Olympic hires new head of tanker chartering
    Theo Kalkanteras replaces departed Loucas Tsangarides at Athens company
  • Shipping parties toast Eisbeinessen in style
  • Jo Shipping confirms first S&P deal since Stolt-Nielsen sell-off
  • Super Eco secures premium MR rate from Stena Weco
    Greek owner fixes out product tanker, while compatriot Navios charters MR trio and commodities giant Glencore picks up two from Island Navigation and Avin
  • Five Stars torches oldest unit amid demolition market lull
  • Gunvor's Clearlake fixes Sovcomflot aframax pair
  • Canada's owners look to change with the times
    Owners with origins at the start of the 20th century adapt to a new era of competition, writes Michael Angell in Montreal
  • Poulovassilis moves on from Aegean after just one year
    Melissanidis-led company parts ways with chief executive
  • Yangzijiang debuts in crude tanker segment
    Chinese yard acquires newbuilding half-built by Rongsheng in bid to enter new sector
  • Oldendorff's bulker orders surface in Japan and China
    Oldendorff ordered the ships before newbuilding prices increased
  • SK Shipping set to book VLOC pair in China
  • Tomini to double money on 22-year-old handymax
  • Market eyes consolidation as MHI reveals restructure
    Three private Japanese yards could eventually take stakes in MHI's new shipbuilding subsidiaries
  • Aroania set to sell vintage handymax
  • Pan Ocean surprises market with sale of panamax bulker
    Panamax sale diverges from South Korean outfit's recent expansionary path
  • Oslo Bulk buys MPP sisterships
  • Minerva Ship Management adds third vessel
  • Secondhand price rise spurs newbuilding interest
  • New Vision buys and sells in fleet renewal
  • AM Nomikos resells fourth ex-MEP ship
  • Maple Leaf places modern handysize in the shop window
    Chinese shipowner earmarks five-year-old handysize as a 'potential sale candidate' and expects it to go for $10m
  • KC Maritime denies sale of chartered panamax bulker
    Hong Kong shipowner is said to be coming back to the secondhand market as a buyer after a year marked by disposals and shipyard controversy
  • Greek S&P scene heats up as three independents enter fray
    At least two, and possibly a third, brokerages set to sharpen competition in Athens' hotly contested market

American Shipperweb site
NOVEMBER 9, 2017
  • U.S. ratchets down on Cuba trade
    The U.S. government has amended Obama-era regulations regarding trade with Cuba to bring them in line with President Trump's June order to ...
  • Drewry: Global chemical trade to rise 3.3% this year
    A narrowing in the tonnage supply-demand gap beginning in late 2018, as well as restrained ordering are expected to boost an anticipated re...
  • Maersk CEO: 'We cannot be satisfied with our performance'
    Soren Skou, CEO of Danish shipping conglomerateA.P. Moller-Maersk, says the company "cannot be satisfied" with its performance during the t...
  • AS Report: Less than 10% of shippers confident in analytics data accuracy
    Fewer than one in 10 shippers and logistics services provider have highly accurate data underlying their analytics initiatives, according t...
  • Dachser USA to relocate, expand Dallas office
    Dachser USA Air & Sea Logistics has announced it will relocate and expand its Dallas, Tex. office due to growing operations in the Asia...
  • MPA terminal ceases trucking transactions due to 'labor/management issue'
    A "labor/management issue" resulted in the closure of truck transactions at Seagirt Marine Terminal at the Port of Baltimore for parts of M...
  • PANYNJ proposes $3.2b budget for 2018
    The Port Authority of New York and New Jersey (PANYNJ) is proposing a $3.2 billion operating budget for ongoing operations, maintenance and...
  • APL alters Asia-India Subcontinent service network
    APL is making changes to five Asia-India Subcontinent container services for faster turnaround and transit times, the ocean carrier said in...
  • Yang Ming records $42m profit in Q3 2017
    Yang Ming transported 1.24 million TEUs during the third quarter of 2017, an 11.1 percent boost from a year prior. Yang Ming Marine Transpo...

The Bunker Bulletinweb site
NOVEMBER 9, 2017
  • Crude futures strengthen as Saudi-Iran tension grows
    ICE January Brent rose 44 cents to settle at $63.93/b Thursday amid increasing tension between Saudi Arabia and Iran.
  • US Chamber of Commerce eyes more energy industry regulation revamps
    Rolling back regulations for the energy industry remains a key goal for the Trump administration.
  • Saudi Arabia, UAE face resistance in pushing OPEC extension through end-2018
    Saudi Arabia and the UAE still have some convincing to do as they push for OPEC to extend its existing production deal to the end of 2018.
  • TANKERS: MR rates rise as US diesel route makes comeback
    One shipowner said the USG-UKC route was looking healthy and may drive up rates in Northwest Europe.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering

›››File
FROM THE HOME PAGE
At the end of the year Fret SCNF will cease to exist and the activity will be detected by the new companies Hexafret and Technis
St. -Ouen
The deal is aimed at averting the payment of 5.3 billion euros.
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Brussels
"The competitiveness of the transport sector must be based on sustainability," the European Commission said.
Norwegian Cruise Line Holdings records record quarterly revenue
Miami
In the July-September period of this year, the group's ships have embarked on 812mila passengers (+ 9.7%)
The intermodal hubs of Melzo and Milan Smistamento will be retaken in the ZLS of the port and retroport of Genoa
Milan
Deliberation approved by the regional junta of Lombardy
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
Brussels
The estimate in a new study of Transport & Environment
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
Cairo / Alexandria
Scali at the Egyptian port of El Dekheila of the services of Vuxx Shipping between China and Russia
In the third quarter, freight traffic in Chinese seaports grew by 1.7% percent
Beijing
The only volumes to and from abroad have increased by 5.0%
In the July-September quarter, naval traffic in the Bosphorus Strait grew by 6.4%
Ankara
In the first nine months of 2024, the increase was 7.1%
DFDS will not acquire the international transport network of Ekol Logistics
Copenhagen / Istanbul
Exchange of allegations : The Danish group claims that certain contract conditions have not been met ; the Turkish company replies that it has received a discount request in the last 24 hours
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
Luxembourg
The only traffic in containers (+ 5.2%) is growing. Still doubts about the figures attributed to Italy
ECSA and T&E are calling for the Clean Industrial Deal to support the energy transition of shipping
Brussels
Among the demands, make ecological naval fuels available in ports
In the July-September quarter, ONE revenue grew by 65.2% percent.
In the July-September quarter, ONE revenue grew by 65.2% percent.
Singapore
The volumes of containers carried by the fleet increased by 6.6%
In the third quarter, the financial and operational results of COSCO were substantially increased.
In the third quarter, the financial and operational results of COSCO were substantially increased.
Shanghai
The volumes of containers carried by the fleet increased by 8.6%
Maersk records glowing quarterly results
Maersk records glowing quarterly results
Copenhagen
A strong performance in the containerized shipping industry has been decided. Also growing terminal and logistics
Confitarma lists actions to increase the contribution of shipping to the Italian System
Naples
Le Aziende informanoSponsored Article
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
In the third quarter the traffic in goods in Turkish ports decreased by -1.8%
Ankara
Volumes to and from Italy have increased by 2.9%
The Court of Appeal in Reggio Calabria gives reason to the AdSP of Gioia Tauro in the litigation that juxtaposes it to the Corap
A litigant remains pending in front of the Court of Cassation
Maersk signs an agreement with Chinese LONGi to supply its own dual-fuel vessels of methanol
Copenhagen
The Danish group already has agreements in place to meet more than 50% percent of its demand for methanol planned for 2027
Royal Caribbean again records financial results and record quarterly operating
Royal Caribbean again records financial results and record quarterly operating
Miami
In the July-September period, revenues increased by 17.4%
The association of European ports is alarmed for the planned reform of EU funding to transport infrastructure
Brussels
Transport policy and transport funding must be based on a European approach.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
Balboa
-36.9% reduction in the volumes of goods transported through the Central American waterway
CMA CGM associates with Marsa Maroc for the management of a container terminal in the port of Nador
Marseille
Expected an investment of 280 million
Maersk confirms participation in service between Turkey and East Coast USA with scallops in Salerno, Livorno and Tanger Med
Copenhagen
Will be activated on 1st February 2025
Hapag-Lloyd will introduce shots at Italian ports in two services between the Mediterranean and East Coast USA
Hamburg / Haifa
Touches in Genoa, Livorno and Salerno in collaboration with ZIM
In the third quarter the terminals of COSCO Shipping Ports handled 29.1 million containers (+ 4.8%)
Hong Kong
Wan Hai Lines orders eight new container ships from 16,000 teu
Taipei
Committed to South Koreans HD Hyundai Samho and Samsung Heavy Industries
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
The joint venture Maestral will deal with the design, development and construction of underwater systems
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
Russia and India join forces in the Arctic, leaving China aside
(News.Az)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Fincantieri opens in San Francisco a center for the development of dual-use technologies applicable both in civilian and military sectors
Trieste / San Francisco
It is housed at the Mind the Bridge Innovation Center
Japan's MHI-MME initiates a license agreement with Chinese Jiangsu Masada
Nagasaki
The aim is the development of the production and sale in China of turbochargers for two-stroke marine engines
By November the ownership of the Victory Shipyard will go to CNV
Venice
Mantovan (Veneto Region) : A new trade union agreement will be built that will cover the 48 workers in organic
In the third quarter, the commercial activity and financial performance of Konecranes grew
Helsinki
The value of new orders for the supply of port means increased by 44.1%
In 2025, a 3.9% increase in cruising traffic in Adriatic ports is expected
Ravenna
Responses Tourism believes that the traffic of ferries, catamarans and aliscafi will record further slight growth
COSCO Shipping Ports acquires stakes in the two port terminals of Hutchison Ports in Laem Chabang
Hong Kong
Investment of 110 million
GNV has taken delivery of the new ferry GNV Polaris
Genoa
First of four new ro-pax units built in China, it will enter service by January
John Xylas will be the new president of Intercargo.
John Xylas will be the new president of Intercargo.
London
He will subordinate to Dimitrios Fafalios, who has been named honorary president
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