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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
December 21, 2018
Sched Netweb site
  • Long Beach terminal has no shortage of suitors
  • 10pc of boxships fleet have scrubbers, which have been sold out
  • SCPA wins US$25m federal grant to expand Inland Port Greer
  • South Asia Gateway Terminals sets new record in 2018 breaching 2m TEU
  • APM Terminals Mumbai handles record 2m TEU in 2018
  • Asia-Europe overland transport rises in popularity
  • Keep flying post Brexit: UK Transport minister says
  • Shanghai Pudong implements IATA's dangerous goods processing system
  • Alibaba's logistics arm turns to Volga-Dnepr's freighter fleet for air capacity
  • UK's East Midlands Airport due to handle 1m packages per night before Xmas

Exim Indiaweb site
DECEMBER 20, 2018
  • Ministry of Shipping gives a positive year-end review - V
  • Old-school approach to identifying problems advocated
  • PSA & Ocean Network Express launch joint venture container terminal in Singapore
  • Deputy Chairman Alok Singh given fond farewell on his repatriation from DPT
  • Economic significance of Rotterdam port shown to be twice as high as previously calculated
  • JNPT organises training programme on engineering & procurement
  • Paradip Port communiqué for vessels
  • Performance of Major Ports improves in key parameters
  • Port call optimisation takes another step forward
  • Govt asks sugar mills to adhere to export quotas
  • Govt mulling setting up trade promotion bodies in 15 countries to promote export from MSMEs
  • Marginal export growth attributed to high base effect
  • Shippers, LSPs & other stakeholders gear up for Gujarat Junction CEO Roundtable & Cargo & Logistics Awards 2019 on Jan. 4 in Gandhidham

International Transport Journalweb site
  • Early presents

The Loadstarweb site
DECEMBER 20, 2018
  • Container shipping industry calls for five-year extension to block exemption regulation
  • ATSG buys 20 more 767s as Amazon Air plans expansion - despite shareholder concerns
  • Charter market ends 2018 on a gloomy note but hopes for low-sulphur silver lining next year
  • Flowerbox pilot boosts efficiencies as shippers hit with "dramatic" rise in Kenyan air freight costs
  • UK supply chains set to lose 20% of workforce if there is a no-deal Brexit
  • 'Operation Brock' plans to keep freight moving at Dover if there is no Brexit deal
  • European airlines call for tougher laws and enforcement for drones

Marine Logweb site
DECEMBER 20, 2018
  • Shell in 50/50 JV to develop New Jersey offshore wind lease area
  • ABS introduces remote surveys
  • Nichols Brothers wins order for two high speed passenger-only ferries
  • Crowley names Parker Harrison SVP procurement and risk management
  • Boston Ship Repair wins $10.9 million Navy contract
  • J-ENG wins first order for engine with Low Pressure EGR system
  • Turkey's Tersan Shipyard boosts its dry dock capacity

Lloyd's Listweb site
DECEMBER 20, 2018
  • Golden Ocean authorises $54m in share buybacks
    The stock's rapid decline in the past three months offers attractive valuations
  • Optimisation will be the focus for 2019
    The Lloyd's List 2019 Outlook webinar has identified the need to push on with optimisation across shipping in the face of a...
  • Maersk moves Immingham-based operations to Hull
    From early in the new year the Hull container terminal will provide the short-sea service that currently operates out of...
  • Box shipping faces turbulent start to new year
    Volatile bunker costs, low-sulphur rules, trade wars and Brexit offer uncertain outlook for containership operators in 2019
  • Calls for EU to extend consortia block exemption rule
    Submissions claim VSAs are still competitive despite consolidation and that exemption sets out clear rules that allow efficient transport and...
  • ONE agrees Singapore terminal deal with PSA
    Joint venture will see ONE utilise four deepwater berths at Pajir Panjang terminal with an operating capacity of 4m teu...
  • Greeks lead the league in secondhand deals
    Numbers three, four and five are Norway, the US and South Korea
  • Viewpoint: Distraction dangers
    In the same way that car users face penalties, it is time that shipping clamped down on the dangerous use...
  • Daily Briefing
    Greeks head 2018's LNG order binge | 2M alliance revamps Asia-Europe network | Iran fuels boxship idle fleet
  • US energy department reporting rule change streamlines LNG export process
    US Energy Secretary Rick Perry said the change would enable US exporters to get their LNG to market faster
  • Par Pacific Holdings banks on differentials ahead of IMO 2020
    Par Pacific sees its logistics acquisitions as key to its success
  • Indonesia CPO exports get boost from levy relief
    Domestic freight rates have risen however as biofuel use mandate drives local demand for CPO

The Journal of Commerceweb site
DECEMBER 20, 2018
  • India softens digital container portal use requirement
  • Expansion sets Veracruz port for growth
  • Extended port gates come slowly to North America
  • Exports offer darkening Brazil container outlook hope
  • Virginia port's faster truck system comes with cost
  • Low inventories drive emergency air cargo
  • ONE extends Singapore footprint via PSA pact
  • Container lines make case for EU consortia exemption

TradeWindsweb site
DECEMBER 20, 2018
  • Piracy continues decline, but Gulf of Guinea raises concerns
    The shipping industry and world governments helped quell piracy in East Africa, but on the other side of the continent things are quite a bit different
  • The year of mergers, Trump's trade war and scrubber mania
    It has been 12 months of money chasing consolidation deals, Wall Street investors remaining aloof, and the IMO finally facing up to sulphur and carbon
  • Fredriksen turns focus to plan succession strategy and mergers
    Norwegian shipping tycoon is working to organise his group of companies for his daughters as he celebrates Christmas in the UK capital for the first time in 50 years
  • Minsheng to sell portfolio of financial leasing vessels
    Chinese lessor is circulating a swathe of its ship-finance fleet to raise funds to buy trading vessels
  • Offen's Conti Group takeover is performing 'a bit better than our expectations'
  • Putin honours Zybko for work on Yamal LNG's Arc7 flagship
  • Dynagas Arc7 turns back to shipyard on maiden voyage
  • LNG shipowners set to home in on yard options as year ends
    Market commentators puzzle over 2018 newbuilding tally as decisions loom for those sitting on slots
  • Chinese tankers involved in STS transfers of Iranian crude and LPG
    Several VLCCs and VLGCs have completed STS transfers in South East Asia and the Middle East in the past few weeks, which Kpler claims is Iran's latest strategy to get around US sanctions
  • Gazprom Neft signs up to first small-scale LNG carrier
    Ice-class newbuilding inked with Singapore shipyard for upcoming Russian export project
  • Norwegian trio leads pack for Toisa subsea newbuild pair
    Kristian Siem, the Saevik family and Rem Offshore are going head-to-head for Chinese-built vessels that are up for grabs after the Greek shipowner's bankruptcy
  • Scientists weigh up potential impact of exhaust gas scrubbers
    Marine biologists are calling for more research into the effects of heavy metals from IMO 2020 devices on sea life
  • Scrubber backers claim 'no measurable harm' to oceans
    But Exhaust Gas Cleaning Systems Association says it 'welcomes dialogue and evaluation based on science and evidence'
  • Trafigura seeks exposure to rising freight market
    Trading giant plans to time charter scrubber-ready tankers, but will also maintain its position as a major spot charterer and is open to contracts of affreightment
  • Trafigura's tanker newbuilding payload set to land in Q1
  • Charterers deploy product tankers in face of fuel glut
    Nearly a dozen vessels have been used as floating storage in East Asia due to weak diesel demand in China
  • Aksoy poised for profit on supramax bulker sale
  • Niovis buys resales and sells veteran bulkers to renew fleet
  • Diana Shipping extends tender offer for Bush mourning
    Simeon Palios-led bulker owner looks to grab 4.2 million shares at $3.60 each.
  • Carnival meets Wall Street consensus on higher revenue
    Arnold Donald-led company hits full-year revenue record, 2019 bookings ahead of last year's results so far.
  • Clarksons gives Maersk Line slow steaming thumbs up
  • Amendments to Global Ship Lease debt buyback approved
    Boxship owner sought bondholder consent to change dividend guidelines and affirm GSL control in light of proposed merger with Poseidon Containers.
  • CEO Helmut Ponath's son takes over at Reederei NSB
    German group completes transformation from shipmanager with executive succession plan.
  • Four ice-class boxships fetch $30m
    A flurry of year-end containership sales caps a busy year
  • Topaz fixes subsea newbuild for wind farm work
    Middle East owner charters out Topaz Tangaroa in North Sea renewables sector.
  • Ocean Yield in charter standstill deal with Solstad
    Rokke company giving OSV giant time to work on restructuring.
  • Taiwan Navigation unveils bulker newbuilding projects
    Taipei-based owner plans to return to Japan to book up to four 80,000-dwt bulkers and install scrubbers on two newbuilding units.
  • ICBC Leasing sells two Pacific Gas VLGCs
  • Final Prestige ruling: Spain to be paid $1.7bn
    Supreme court hands down definitive verdict in controversial tanker spill compensation case involving London Club and vessel's captain.
  • Old Chandris shop resurfaces with ex-Toisa kamsarmax
    Dominion International emerges as manager of last Toisa ship unaccounted for
  • Diamantis Lemos torches 15-year-old tanker pair
    Hudong Zhonghua-built panamax sisterships sold to cash buyers
  • Monjasa brings in UBAF as it targets Aden supplies
    Danish bunker and tanker group sees opportunities in improved security situation.
  • Greek owner fails in Alkyon bulker arrest appeal
    UK court turns down bid by Stallion Eight Shipping in bitter row over security provisions with NatWest.
  • Mystery owner taking over Pacific Radiance
    Restructuring Singapore OSV owner merging with investor controlling $180m of assets.
  • ONE teams with PSA to run Singapore terminal
  • Palmali to fight Russian bankruptcy ruling
    Owner Mubariz Mansimov vows to contest Sberbank taking over its tanker fleet after court decision.
  • Andreas Sohmen-Pao strikes again for BW LPG shares
  • Sohmen-Pao strikes again for BW LPG shares
  • Repaired tanker suffers second fire off US
    Amber Bay hit by blaze two months after incident in October.
  • Gibson chief Richardson reflects on 'first 125 years' of shipbroker
    Strong leaders recognised for steering company through its many highs and lows
  • Golden Ocean follows bond deal with $54m share buyback
  • Pirates release 11 crew from Dohle boxship
  • Samsung inks fourth LNG carrier newbuilding in December
    Korean shipbuilder adds $186m ship, bringing orders to $5.7bn this year.
  • Nomura upgrades Mitsui OSK Lines to 'buy'
    Bank says stock is undervalued, and that the worst of the losses at ONE are behind it.
  • Noble Group finally completes $3.5bn restructuring
    Existing chairman to stay on until replacement can be found for new unlisted company.
  • VIDEO: general cargo vessel runs aground near Bosphorus
    Turkish naval forces and salvage tug Nene Hatun said to have participated in rescue effort.
  • Prima Marine in the market for secondhand VLCCs
    Thai owner believes IMO 2020 introduction will lead to increased demand for floating storage.
  • Pittas family shuffles EuroDry shares
    Shares for Euroseas spin-off moved into separate fund for "cleaner" accounting structure, according to company official.

American Shipperweb site
DECEMBER 20, 2018
  • WTO panel to review Russia retaliatory duties on U.S.
    The action during Tuesday's Dispute Settlement Body meeting came amid a tense WTO Trade Policy Review of the U.S., which took place Monday and Wednesday.
  • Concerns aired over West Coast container dwell time
    Agricultural exporters concerned about shift to U.S. East and Gulf Coast ports.
  • Industry urges Europe to extend antitrust protection
    The World Shipping Council and three other shipowner groups tell the European Commission consortia block exemption for liner shipping should be extended.
  • DOE halting 'end use' reporting policy for LNG exports
    The department's Office of Fossil Energy is reverting to a policy of requiring authorized exporters to report where liquefied natural gas or natural gas was delivered.
  • Commentary: China's volatile export market
    If the trade war continues, both China and the United States will face economic challenges.
  • USTR officially postpones tariff hike on Chinese goods
    The Section 301 tariffs across $200 billion of Chinese goods had been set to increase to 25 percent at the beginning of the new year.
  • OFAC set to drop sanctions against Russian firms
    En+ Group, UC Rusal and EuroSibEnergo reportedly have committed to sever Russian oligarch Oleg Deripaska's controlling interests in their operations.
  • Supply chain software pioneer stepping down
  • Executive Moves: Bays, ports and brokers
  • Crowley welcomes second LNG-powered ConRo ship
  • PSA, ONE launching joint venture container terminal
  • Executive Moves: AgTC, Crowley, Dunavant
  • FMCSA declares Arkansas truck driver imminent hazard
  • MOL inspects coal carrier with aerial drones

The Bunker Bulletinweb site
DECEMBER 20, 2018
  • FUTURES 5: Oil prices retreat amid broad market selloff
    Crude futures stepped lower Thursday as steep declines in equity markets exacerbated concerns that a flagging global economy could reduce oil demand growth in 2019.
  • US shale fueling oil market volatility: IEA's Birol
    The increasing role of US production means there is no end in sight to global oil market volatility, International Energy Agency head Fatih Birol said Thursday.
  • After months of record Bakken oil output, dip expected next month
    Record-breaking North Dakota oil production is expected to level off early next year, but the output peak could still be years away, state regulators and analysts said.
  • Mumbai-Colombo bunker fuel price spread widens to 15-month high on ample supply
    The price spread between Mumbai and Colombo delivered 380 CST bunker fuel widened to a 15-month high of $35/mt Thursday.
  • FUJAIRAH DATA: Stocks fall 1.8% on week, led by light distillates
    Refined product stocks at the Port of Fujairah in the UAE declined 1.8% to 17.419 million barrels in the week to Monday.

›››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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