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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
November 6, 2018
Sched Netweb site
  • Asia-Europe rate slips 1.2pc to US$752/TEU, but rises 0.7pc to USWC
  • China hurting as Sino-American trade war tariffs weaken PMI numbers
  • APL ships cargo to aid recovery and relief efforts in typhoon-hit Saipan
  • Russia's exports grow 16.6pc, making near box recovery to pre-crisis levels
  • Matson cuts Marshall Islands transits by up to 8 days with new loop
  • 11-Pacific nation Japanese-led free trade pact to activate in 2019
  • United Parcel Service names woman head of Global Freight Forwarding
  • Yilport orders 6 quay cranes and 18 RTGs for Ecuador's Puerto Bolivar
  • DHL provides end-to-end solution in shipping rubber for tyres
  • Singapore chandler stokes plans to become 'Amazon of shipping'
  • Bankrupt Alitalia attracts bids from EasyJet, Delta and Italy's. railway
  • Qatar's automated airmail management systems goes live worldwide
  • Korea's Jeju International Airport upgrades baggage screening system

Exim Indiaweb site
NOVEMBER 5, 2018
  • APM Terminals Bahrain aims to raise $ 32 m with IPO
  • CEVA Logistics & Goodpack enter into strategic allianceto develop innovative solutions for the tyre sector
  • Containers segment continues to grow at Rotterdam port
  • Maersk launches instant booking confirmation
  • Mandaviya highlights coastal shipping & other priorities of Ministry
  • Proposed strike inNigeria could impact maritime sector
  • Shipping industry seen on the verge of major changes requiring strong collaboration
  • Implementation of Sea Cargo Manifest & Transhipment Regulations 2018 postponed
  • Altico Capital diversifies into warehousing & logistics funding
  • Digital technology & Customs discussed at Global Trade 2018 Conference in London
  • Highlights of the Prime Minister's support & outreach initiative for the MSME sector
  • Increase in interest equalisation for MSME exporters lauded
  • Industry expresses concerns on liquidity crisis
  • Eminent dignitaries to grace Shippers & LSP Business Forum on CTL 2018 in Vadodara on Nov. 22

International Transport Journalweb site
  • Getting the balance right
  • Russian group acquires South African rail facility
  • IDS Logistik enlarges hub
  • Forty years of Samba for Leschaco
  • Rising volumes at Port Everglades
  • Bioethanol truck hits Nordic roads
  • Singpost launches Smart Post and last mile solution
  • Geodis fills freight forwarding MD post in Germany
  • XPO banks on strategic expertise won from Goldman Sachs
  • Third runway in Munich - dream on till 2023
  • APL reorganises Asian network
  • Basel airport celebrates Iata Ceiv Pharma certification
  • Hudson Bay railway line reopening at end of November
  • "Curiosity of the Day"
  • Railfreight expert bowing out of DB Cargo
  • Eurogate Tanger terminal receiving new cranes
  • More LCL services for road and rail sectors
  • Bangalore, Brazil and Ho Chi Minh City

IHS Maritimeweb site
NOVEMBER 5, 2018
  • Saudi port operator expects 18% volume boost this year
  • Brexit won't affect London's status as leading arbitration centre, say law firms
  • SITC adds three more box ships at Yangzijiang
  • Hunter Group raises VLCC orders to 10
  • SPP Shipbuilding factory sold to marine engineering business
  • TMS Cardiff Gas adds two more LNG carriers
  • Nissen Kaiun adds more feeder units at Hyundai Mipo
  • South Korean shippers pledge to support compatriot shipowners

The Loadstarweb site
NOVEMBER 5, 2018
  • 2M confirms reintroduction of AE2/Swan Asia-North Europe loop next month
  • Freighter airline Swiftair continues its upward trajectory with purchase of Cygnus
  • Good news and bad for UK rail freight: more funding, but higher user fees
  • Analysis: days of reckoning loom for AP Møller Maersk & Hapag-Lloyd
  • NEW Loadstar Long Read: Gateway Georgia
  • Jack Ma bemoans 'stupid' trade war; but South-east Asia is upbeat
  • Antje Lochmann is new MD of Geodis freight forwarding in Germany

Marine Logweb site
NOVEMBER 5, 2018
  • Matson reports increased earnings
  • Tototheo to market TMS environmental compliance solution in Cyprus
  • Stena Bulk vessel deters pirate attack off Yemen
  • Conrad Shipyard to build second Olmsted wicket lifter
  • Wärtsilä integrated solutions chosen for Baleària's LNG fueled 125 m cat

Lloyd's Listweb site
NOVEMBER 5, 2018
  • Total could partner on Sempra Energy's North American LNG export projects
    Total may also acquire an equity interest in ECA LNG, a development on Mexico's west coast that will have a significant shipping cost...
  • Golar LNG expects growing project pipeline to fuel cashflow
    Tor Olav Troim company expects average rates to reach $70,000 per day to $80,000 per day for all ship types...
  • Down but nicht raus
    Hamburg celebrated its 70th edition of the infamous Eisbeinessen on Friday
  • Expanding Monjasa announces credit line from JP Morgan
    Sales volumes in the Americas grew to 650,000 tonnes in 2017 from 400,000 tonnes a year earlier
  • Controversy grows with India's new cabotage rules
    India's transhipment business has emerged as a beneficiary of the changes
  • Asia-Europe capacity cutting must go deeper, says Drewry
    Addressing the supply/demand imbalance on the Asia-Europe trade will prove even more vital in the coming weeks as contract negotiations...
  • Daily Briefing
    Aegean Marine Petroleum reveals huge fraud losses | EU urged to end special treatment for container line alliances | Iran's...
  • China Merchants signs port deal with Liaoning province
    CMG, via a subsidiary, will pay Yuan99.6m ($14.4m) for the new shares to be issued by Liaoning North East Asia...
  • Idan Ofer eyes BW chemical tanker fleet
    Acquisition would make Singapore-based Ace-Quantum the largest player in the chemical tanker shipping sector, with a fleet of 33 vessels
  • Xi pledges to further open up China's economy
    Xi pledges China's imports of goods and services will top $3trn and $1trn, respectively, by 2033, from about $1.7trn and...
  • POSH cuts losses as offshore sector slowly revives
    POSH claws back some losses on good performance in offshore accommodation sector
  • Murmansk Shipping teams with VostokCoal affiliate for Arctic coal transport
    First shipment by strengthened ice-class vessels is due for next year
  • Intra-Asia specialist SITC adds to fleet with Yangzijiang trio
    Latest order adds to feeder operator's fleet expansion
  • APM Terminals Bahrain to list on that nation's bourse
    The listing will be the first for a transport and logistics company on the local stock exchange

The Journal of Commerceweb site
NOVEMBER 5, 2018
  • India starts inland waterway container service
  • US truck employment breaks records but shortage remains
  • Top carriers serving US trades see share shrink
  • Brunswick expands to meet increasing roll-on, roll-off demand
  • Tech innovation to transform logistics; just not yet
  • Agriculture giants eye blockchain amid shipping industry skepticism

TradeWindsweb site
NOVEMBER 5, 2018
  • US warns shipping: do not deal with NITC and IRISL
    While naming the receipts for waivers on Iranian crude imports sanctions, Washington has boosted the sanction list and 12 newbuildings are subject to secondary sanctions.
  • Matson raises expectations for fourth quarter
    Matt Cox-led company sees better shipping business as year closes out.
  • Yard suspects sabotage on ferry newbuild
    Flensburger contacts police over valve "manipulation" on Irish Ferries' WB Yeats.
  • Kim Heng improves quarterly results
    Singaporean OSV owner boosts revenue on more chartering and towage contracts.
  • Ro-pax demolishes Swedish lighthouse
    Tallink ship crashed into structure at Remmargrund, coast guard says.
  • Witness in Greek scuttling case fears he will be killed
    UK court rules identity of exiled whistleblower can be revealed in insurers' legal battle over Brillante Virtuoso
  • Equinor set to take pick of anchor-handlers
    Free tonnage list grows for rig move, but rates up on last year.
  • Flares fired at suspicious Red Sea skiffs
    UKMTO issues second warning in two days after approach by two boats to cargoship.
  • Nanjing Tanker on track to become the first relisted A-Share stock
    Chinese state-owned tanker owner has received approval from the SSE to be relisted following improvements in business operations.
  • ESL Shipping adds another bulker
    Finland's ESL Shipping has added another bulker to its fleet in a deal carried out by its recently acquired AtoB@C. ESL targets Baltic biofuel cargoes It said the Swedish subsidiary had acquired an unnamed ice-class 1A 4,100-dwt ship built in 2000. AtoB@C operated the vessel under a long-term time charter previously. It also owns the sistership. The two units in question, Transforza and Transl
  • Vitol and IFM take control of energy storage company
    Trader and shipowner Vitol is teaming up with IFM Investors to take control of Dutch energy storage company VTTI. Its Vitol Investment Partnership II (VIP) and the fund manager have agreed to acquire Buckeye Partners' 50% interest in the company. VTTI will then be owned 50% by IFM and 50% by Vitol and VIP. It will continue to be managed by an independent management team led by CEO Rob Nijst.
  • Fredriksen says farewell to two Seatankers directors
    Departure of two men linked to equity investments continues period of active staff turnover.
  • Kuok's POSH expects further OSV impairments
    Singapore-listed owner cuts loss but sees challenges ahead.
  • SCI loss grows despite ship sales
    Indian owner sees more red ink in second quarter.
  • Noble Group claims could hit $4.2bn
    UK court reveals Vitol and COFCO as creditors, while restructuring returns could be only 25% if those owed money don't guarantee new finance.
  • Transmed enters suezmax tanker market with Teekay deal
    Greek owner buys its first conventional crude tanker in transaction which shows firming prices
  • Golar LNG Partners sees third quarter profit rise
    After cutting quarterly distributions last month, Golar LNG Partners posted net income attributable to owners of $49m for the third quarter. The Tor Olav Troim-lead company posted quarterly operating income of $62m, with the Golar Maria starting a 10-month charter in August and the Golar Freeze beginning a 15-year charter offshore Jamaica. Both figures represent growth from the second quarter.
  • Golar LNG boosts dividend on back of Hilli Episeyo cash flow
    Tor Olav Troim-led company also expected to reap the rewards of improving spot market.
  • Odfjell-managed drillship sold for $262.5m
    Deepsea Metro I going to Asia after deal signed.
  • Cruise industry concerned about skills shortage
    With 120 cruiseships on order, cruise executives are wondering who is going to operate them.
  • Monjasa inks debut JP Morgan Chase loan
    Bunker and tanker group strikes deal with new lender after US growth.
  • Zodiac Maritime linked to Nisshin capesize
    Eyal Ofer company believed to have paid $29m for bulker.
  • Murmansk Shipping signs five-year Arctic coal deal
    Russian owner will ship bulker cargoes for VostokCoal affiliate.
  • VIDEO: Tanker hits two ships in Taiwan
    Tanker and boxship bashed in incident at Kaohsiung.
  • Mokster PSV signs up with NATO
    Stril Mar takes time out from usual operations to join operation Trident Juncture.
  • H Vogemann makes it three bulkers at Taizhou Kouan
    German owner adds another open-hatch ship at Chinese yard.
  • Germany's MST fined $3.2m over US oil pollution
    Previously convicted shipowner committed environmental crimes while on probation.
  • Petronas completes first LNG bunker loading at Johor
    Malaysian oil major says successful operation makes it a "front runner" for regional market.
  • APM Terminals Bahrain set for domestic IPO
    Public offering a proxy on the Kingdom's growing non-oil economy, says lead manager.
  • SITC back at Yangzijiang for more feeder boxships
    Hong Kong-listed liner firm takes newbuilding tally at favourite Chinese shipbuilder to nine.

American Shipperweb site
NOVEMBER 5, 2018
  • UPS Freight halting LTL pickups ahead of contract vote
    Teamsters are expected to weigh in on an agreement with the freight division later this week.
  • Tech Connections: How do we clear up visibility issues?
    Drewry's Philippe Salles says the sheer volume of data required to provide granular track-and-trace details is a challenge to manage and decipher.
  • Trump drops Mauritania from trade preference roster
    A required annual review of the African Growth and Opportunity Act found that hereditary slavery in the country remains a concern.

The Bunker Bulletinweb site
NOVEMBER 5, 2018
  • Sanctions waivers, expected US crude build drive crude off intraday highs
    Oil futures dipped in a late-session selloff to settle mixed on Monday as the market continued to digest the impact of US sanctions on Iran while also eyeing a potential stock build last week.
  • Nigeria set to export first Egina crude cargo in January
    The first cargo from Nigeria's newest oil field Egina will be exported in January.
  • NuStar sees opportunities in Permian Basin takeaway crunch
    NuStar, a liquids terminal and pipeline provider, is ramping up its project inventory, including truck and rail projects in the Permian Basin.
  • ANALYSIS: Asian sour crude markets bearish on possible sanctions waiver
    Market participants said medium grades would take a hit if additional supply emerges from waiver of Iran sanctions.
  • Tanker companies DHT, Frontline order more scrubbers as IMO 2020 rule looms
    Scrubbers momentum continues to build in the run up to 2020.
  • States should report on availability of compliant fuels ahead of IMO 2020 rule: IBIA
    Some "commercial realities" make it challenging for states to report availability in an effective manner, IBIA said.
  • FUTURES: Crude falls as Iran sanctions impact worries recede
    "We will provide the list of the eight jurisdictions on Monday," Pompeo told reporters on Friday.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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