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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
December 9, 2019
Sched Netweb site
  • Asia-Europe up 4.4pc to US$800/TEU, USWC up 7.4pc to $1,509/FEU
  • Hapag-Lloyd acquires stake in Tangier terminal as strategic container hub
  • Biofuels to grow in use to meet IMO rules, and cut carbon emissions
  • ICTSI to double capacity as it boosts efficiency at Congo terminal
  • Salvage industry struggles with shortage of income generating business
  • Trump's solar panel tariff injuncted by US Court of International Trade
  • PANYNJ ExpressRail set record - 666,381 TEU, up 1.2pc in October
  • Old Dominion Freight Line revenue advances despite softer market
  • Kong Hing Agency where communication is straight and to the point
  • Remote box management is a reefer game changer says Hamburg Sud
  • Globelink: Few as good at saying what they do and doing what they say
  • Hong Kong Airlines near bankruptcy as it seeks for rescuer to pay bills
  • South Africa washes its hands of its near bankrupt flag carrier SAA
  • IAG Cargo's finalist to test machine learning for ULD management

Exim Indiaweb site
DECEMBER 8, 2019
  • Action plan for coastal shipping prepared: Minister
  • APL launches new Asia Subcontinent Express 8 service
  • Container shipping remains under pressure
  • DNV GL awards Hudong-Zhonghua AiP certificate for gas-fuelled 25,000-TEU containership design
  • MSC investing in green & efficient fleet through major container shipping investment programme
  • Cabinet approves Fourth Code of labour laws to be introduced in Parliament
  • Commerce Ministry seeks clear identification of 'other' imports
  • Govt has not authorised any private entity to import fertilisers, but monitors imports
  • NEFT transactions 24x7 from Dec. 16
  • Sugar mills produce less till Nov.
  • The aim is an integrated, seamless, efficient, reliable, green, sustainable & cost-effective logistics network: Goyal
  • Eminent speakers & panelists to deliberate on key issues at South East Air Cargo Conclave & Awards 2019 in Chennai on Wednesday

International Transport Journalweb site
  • Special treatment for very special air cargo
  • Certified in IT security
  • Geodis ships 23 million units in the USA
  • Neil Watkins appointed group sales & marketing director
  • European cargo carriers publish first policy manifesto
  • Significant rail investments follow transport order
  • DNV presents a new system of rules for LNG
  • Bolloré Logistics inaugurates Blue Hub in Singapore
  • Jaxport Board extends CEO Green's contract
  • "Benvenuti" to Fedex' new B767F
  • PIL enhances its services
  • CO2 transport by rail reduces greenhouse gas emissions
  • "Curiosity of the Day"
  • Miebach takes over Suisseplan
  • Wes Wheeler to lead UPS healthcare and life sciences unit
  • Responding to pharma transport demand in Memphis
  • Competition commission reviews planned takeover
  • Economic engines from Winterthur

The Loadstarweb site
DECEMBER 6, 2019
  • Exclusive: Transparency call as IATA is rapped over CASS cargo payments
  • Eddie Stobart Logistics shareholders accept DBAY takeover, despite union warning
  • Market monitor part 3: Green shoots of recovery in air cargo growth?
  • Happier new year in sight for ocean carriers as spot rates hold steady
  • Integrator parcel rate rises will add millions to shipper costs, warning
  • Deutsche Bahn and ADP take a stake on Skyport drone delivery start-upv
  • Inside Flexport: an interview with its head of internal communications
  • A view from China: the air cargo market this year - and next
  • Supply chain radar: Broken Toll Group looking terminal
  • Supply chain radar: Boom! Fearless Seaspan hits three-year high - investors love it again
  • On the wires: MBO target Clipper shines - enough for a big premium?
  • On the wires: A worst ever 2% payout rise? Another red flag for CH Robinson...
  • Supply chain radar: WiseTech at new low absent the next deal to feed the syndrome

Marine Logweb site
DECEMBER 6, 2019
  • Inland waterways HR guru to speak at TTB 2020
    Veteran maritime industry human resources professional Tom Montgomery is among the industry leaders who will be speaking at Marine Log's upcoming TTB event, to be held at the Renaissance Mobile Riverview Plaza
  • GAO: Navy faces "persistent and substantial" maintenance delays
    The U.S. Navy continues to face persistent and substantial maintenance delays that affect the majority of its maintenance efforts and hinder its attempts to restore readiness, says a report released this week
  • Meyer Turku shipyard delivers new Costa flag ship
    After a couple of delays (see earlier story), Finland's Meyer Turku shipyard yesterday delivered the 180,000 gt, 6,552 passenger, Costa Smeralda to Costa Cruises, the Italian brand of Carnival Corporation & plc.
  • USCG: Towboat charter complexities can lead to TSMS gaps
    The U.S. Coast Guard's Inspection and Compliance Directorate has issued a Marine Safety Alert (12-19) warning that the complexities of charter arrangements in the inland towing industry can lead to gaps in
  • Norden explores use of lignin-based biofuel
    Danish ship operator Norden A/S has entered into a partnership with Kvasir Technologies, a spin-out from the Technical University of Denmark that has a patented technology to produce fuel from plant material.
  • ABS awards Vard Approval in Principle for Jones Act SOV
    Vard Marine Inc. has been awarded ABS Approval in Principle (AiP) t for its design of a Jones Act wind farm service operations vessel (SOV). The AiP is for a customized version

Lloyd's Listweb site
DECEMBER 6, 2019
  • Economou and Hadjieleftheriadis among winners at Greek Shipping Awards
    George Economou, who has interests spread acrosss shipping, most notably in DryShips' modern fleet of 32 ships including 20 bulkers...
  • Bunker sales reveal progress in sulphur cap transition and compliance
    Large bunkering ports are reportedly well-stocked and shifting smoothly into the new era of global sulphur rules. However, shortages of...
  • Gothenburg terminal aiming to be fossil fuel free in 2020
    The APMT terminal at the Swedish port will switch entirely to renewable energy in 2020
  • The Lloyd's List Podcast: The View from Athens
    How do the Greek shipowners feel this year has gone and what's keeping them up at night when they look...
  • Load factors: Trade dispute continues to affect transpacific trade
    Service cuts providing a welcome reduction in supply
  • Rising US LNG activity supports Atlantic shipping rates
    LNG shipping rates have relatively weakened in the Pacific, which has seen some shine taken off winter peak on lower...
  • The Interview: Hugo De Stoop
    Mr De Stoop leads one of the largest crude oil tanker companies in the world. Over the past couple of...
  • Low-sulphur surcharges help boost spot rates
    Rates rise on major trade lanes but still remain below last year's levels
  • Port of Montreal gets $300m boost for new container terminal
    Montreal currently receives about 80% of Canada's container traffic with the European Union but a recent trade deal with the...
  • Titan LNG to expand fleet for rising ARA bunker demand
    Titan LNG's third bunker barge 'will be ideal for servicing larger tankers, cruise, container and offshore vessels', says chief technical...
  • Daily Briefing
    Free to read: Premium rises not linked to IMO 2020, North Club says | Viewpoint: Logistics log-jam | 'Winning': the...
  • Petredec takes two more 22,000 cu m ethylene ships
    Two exercised optional vessels will be delivered in May and September 2022
  • Top 10 shipmanagers 2019
    Ranked by number of vessels under full technical management, Anglo Eastern-Univan and V.Group stay ahead, but Fleet is catching up
  • Top 10 classification societies 2019
    Familiar standings emerge but competition tightens among classification societies in 2019

The Journal of Commerceweb site
DECEMBER 6, 2019
  • Port of Mobile launches search for new CEO
  • Spate of news out of Maersk reflects reinvention pressures
  • Slowing growth darkens outlook for India's public ports
  • Consumers keep wheels on US freight economy
  • Allcargo deal poised to reshape India logistics play

TradeWindsweb site
DECEMBER 6, 2019
  • Pareto powers more 'Prexit' for Diamond S
    Robust trading by Craig Stevenson-led stock allows underwriters to buy more from First Reserve and WL Ross.
  • Hermitage Offshore checks one NYSE box, cited for another
    The Scorpio Group's OSV outfit fails to meet the minimum requirements for market capitalisation and stockholders' equity
  • Dividends a sign of better times, but for whom and for how long?
    Owners do a balancing act when instituting or raising shareholder payouts, but they could benefit from premium valuations and wider investment base
  • Alpha Adriatic corrects reports of shipyard claim against it
    Former Uljanik Plovidba says $22m sum is far higher than the real amount
  • Tanker players fear soft oil demand more than deeper cuts by Opec+
    Trade dispute, slowing global economic growth may points to less oil being moved around in seaborne trade
  • Dof lines up $77m of new equity as it merges $680m of loans
    Restructuring Norwegian OSV owner moves closer to securing financial platform for the future
  • John Fredriksen pumps $40m into Northern Drilling spin-off
    Tycoon takes 11.8% stake in Northern Rig Holding following private placement
  • From taxidermy to taxi drivers: the TW+ Quiz
    A sideways look at the last three months in the weird and wonderful world of shipping
  • DeepOcean wins nine months of subsea work with Equinor
    Equinor has hired DeepOcean to provide subsea services for its assets in Norway next year, starting in the first quarter. DeepOcean to install Equinor boosting station in North Sea Equinor signs up DeepOcean for five years During the nine-month contract, the Norwegian subsea services firm will perform inspection, repair and maintenance (IRM) work at Equinor's assets on the Norwegian continen
  • Britannia P&I teams with KP&I to target South Korean owners
    UK club agrees new collaboration that will see it provide cover for partner's larger or more complex claims
  • $600m drillship up for sale again in January
    Sertao set to go under auctioneer's hammer once more in UK
  • Container line Yang Ming sets up shop in China
    New agency subsidiary aimed at increasing shipowner's efficiency
    Court rules Hamburg Sud unit failed to care for cargo in 'ship's sweat' case
  • Softer spot charter market may await LNG owners next summer, broker says
    Sector should prove 'broadly profitable' for shipowners over the next couple of years but with short-term volatility
  • Hydex Storage inks debut order for ro-pax at Hyundai Mipo
    South Korean company wants vessel for route between Incheon and Jeju
  • AET scores $245m shuttle tanker deal from Shell
    Tanker owner to build three new suezmax shuttle tankers against a long-term contract with Shell in Brazil
  • Swire Pacific Offshore to close Swire Seabed operation in Bergen
    Fleet of four IMR and construction vessels to be re-flagged from Norway to Singapore
  • Kuwait latest country to ban single-use plastics onboard ships
    However, Indian plans for similar ban have been delayed until further notice, says Gard P&I club
  • Tsakos Energy Navigation secures LNG charter extension
    Greek owner says lengthened contract is expected to generate some $30m of gross revenues

American Shipperweb site
DECEMBER 6, 2019
  • In surprise move, Branson won't sell Virgin stake to AF-KLM
    Airlines insist that decision was mutually agreed
  • Celadon, biggest bankruptcy in truckload history expected by mid-week
    The billion-dollar truckload carrier's failure is one of the largest in industry history.
  • Trekker finds success offering multiple services
    Trekker CEO Josh Kaburick discusses changing the model of his family's trucking company with FreightWaves CEO Craig Fuller.
  • Maine State Police seize multiple trucks for $75,000 in unpaid tolls
    On Friday Maine State Police seized a total of six tractor-trailers for racking up approximately $75,000 in unpaid toll debt over the past three years. ...
  • Focused Technology Solutions opens new headquarters: Railway Age
    The company sees the new facility as a way to expand and reach its manufacturing goals.
  • FreightWaves is in the holiday spirit: How to receive a free Apple TV 4K
    Santa is sending you an Apple TV 4K this holiday season to keep the FreightTech celebration going! Register for FreightWaves LIVE Atlanta before December 18,...
  • Parcel carriers shine in first peak week
    Top four parcel delivery firms perform well in first week of peak season, ShipMatrix says
  • Watchdog group finds EPA failed in glider kit repeal rule
    Lawmakers call out White House for trying to obstruct OIG probe.
  • Prologis expands in China with multibillion-dollar investments
    Prologis expands Chinese footprint with multi billion dollar investments
  • Removing sting of penalties for US export data errors
    Agriculture shippers and forwarders work with CBP and Census in an effort to eliminate $5,000-$10,000 penalties for minor export data filing errors in the Automated...
  • Outbound tender rejections fall year-over-year, seasonality still at play
    Tepid volumes with an upside breakout in tender rejections
  • Maryland secures funding for double stacking at Baltimore tunnel
    The state has enough funding to allow construction to proceed, but the details are still forthcoming.
  • Transportation Insight acquires LTL broker FreightPros
    Transportation Insight pushes into LTL brokerage with acquisition of FreightPros
  • Freight Futures daily curve: 12/6
    Trucking Freight Futures end quiet trading session on Thursday while looking for direction.
  • Oil prices surge higher, then fall back, following news of OPEC agreement
    The group is widening its cuts but in the complex math that is OPEC, the announcement sounds more than the actual reductions are likely to...
  • E-commerce poised to influence next surface transportation bill
    E-commerce's role in transforming supply chain logistics should be a factor that Congress considers during the next surface transportation bill authorization.

The Bunker Bulletinweb site
DECEMBER 6, 2019
  • MARINE FUEL ROUNDUP: Gazprom Neft plans launch of distillate-based 0.5% fuel in 2020
    Russian oil major Gazprom Neft plans to supply 0.5% sulfur marine fuel from its Omsk refinery in 2020, company officials said in an interview on the company's website.
  • OPEC+ makes deeper oil cuts, led by Saudi Arabia's surprise
    OPEC, Russia and nine other allies delivered a new production cut deal Friday, just hours after it appeared their pact was close to unravelling.
  • CRUDE MOC: Sour crude premiums tick down amid OPEC output cut decision
    Benchmark cash Dubai and Oman crude premiums fell Friday at the end of the Platts Market on Close assessment process for sour crude, even as OPEC+ announced deeper production cuts for the groups supply output, a large chunk of which is priced against the two benchmarks.
  • European gasoil cracks fall on month amid tepid demand
    The front-month European low sulfur gasoil crack has declined about 6.5% from one month ago, a trend that cash market sources said was likely to attributable to slack regional demand.
  • Petrobras shuns renewable energy despite fossil fuels backlash
    Brazilian state-led oil giant Petrobras remains tightly focused on developing its huge offshore oil and gas resources despite rapidly escalating public concerns over the climate impact from fossil fuels, its chief executive said Friday.
  • ARA fuel oil stocks rise 5.4% on week to 935,000 mt: Insights Global
    Combined stock levels for fuel oil in the Amsterdam-Rotterdam-Antwerp hub climbed 51,000 mt or 5.4% to 935,000 mt in the week to Wednesday, according to data from Insights Global, just 26 days before the sulfur cap on marine fuel decreases from 3.5% to 0.5% next year.

›››File
FROM THE HOME PAGE
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.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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