BRIEFS

testata inforMARE

25 February 2026 - Year XXX

Independent journal on economy and transport policy

11:07 GMT+1

BRIEFS

February 13, 2019

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Worsening LA-LB port congestion delays recovery until March Hutchison Ports aims to handle larger box ships at new Laem Chabang terminal PIL tries out delivery using IBM blockchain platform Beijing hopeful of breakthrough in latest US-China talks Series of legal changes required to implement USMCA YRC Worldwide posts higher revenue and operating income for 2018 BIFA rolls out microsite to support apprenticeship training Love is in the air as Emirates boosts Valentine 'flower charters' Air cargo growth slows in December JAS Forwarding joins cargo.one air cargo booking platform

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FEBRUARY 12, 2019
Bahri highlights its innovative maritime logistics capabilities at Breakbulk Middle East 2019 in Dubai CMA CGM launches public tender offer for CEVA shares HMM to develop cloud-based, next-generation IT system Another container vessel from India calls at Chabahar Mandaviya updates on Sagamala Programme Nepal also seeks to use Mundra & Dhamra for its trade AISATS partners with National Skill Development Corporation for recognition of prior learning Allcargo's Chennai CFS gets nominated by Customs for 24x7 export activity Cargo capacity to be doubled at Hyderabad Draft National Logistics Policy - III Global air freight demand grew slower in 2018

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More cargo on the Danube Czech locomotives take to Slovenian tracks Honold and Husqvarna establish partnership 700 hoppers cars for hauling Russian cereal STI serving cruise ships in European waters "Janus-faced" year for Cargotec Changes in North America, continuity in South China IRClass opens two new offices in India Arvato SCM Solutions receives GMP certification Tinie Manders invests in electric truck Swissport to take second half of HCH shares Strike in Belgium will impact freight business New direct rail service between Wels and Lubeck Atoun robotic devices for JAL cargo personnel Tigers bolsters international sales team "Curiosity of the Day" Swap bodies for Hermes Barcelona calls for greater port autonomy

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FEBRUARY 12, 2019
Arklow Shipping was backing Seaborne, laying plans for no-deal ferry services Supply chain radar: Panalpina board set to reject DSV's proposal - Plan B? To turn acquisitive HMM ends 2018 $720m in the red, but has high hopes for new ships and alliances Global trade still growing and flowing - but is becoming more regionalised BluJay Solutions adopts what3words system to boost e-commerce delivery EU gives airlines ownership deadline for no-deal Brexit Brazil's Modern Logistics seeks $200m in new investment AnnaMaria DeSalva and Marlene Colucci join XPO Logistics board CH Robinson CEO Wiehoff retires, Bob Biesterfeld takes over Supply chain radar: Radio silence on the DSV & Panalpina affair excites the hedge funds Supply chain radar: Why DSV 'is going higher' for Panalpina

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FEBRUARY 12, 2019
Moran wins a Navy contract worth a potential $74 million Moran Towing Corp., New Canaan, Connecticut, has won a $14,350,538 Navy contract worth a potential $74 million. It covers the time charter services of eight tugboats. The tugboats will be capable Compact MAN SCR system gets IMO Tier III certification MAN Energy Solutions reports that its highly compact MAN 175D SCR system recently completed its final Type Approval Test and has now been awarded IMO Tier III certification by all major classification Scenic again pushes back first sailing of Scenic Eclipse Australian based Scenic Luxury Cruises & Tours reports that the first sailing date for its first oceangoing vessel. the Scenic Eclipse, has again been pushed back, this time to August 15, 2019. Zero-emission, zero-crew box ship to have PG Flow Solution pumps Vard has selected liquid handling and pump specialist PG Flow Solutions to supply the engine room pump system for the world's first autonomous and electric container vessel, Yara Birkeland. As we reported Two more class societies certify RIMS for remote inspections Delft, Netherlands, based RIMS BV has received two more classification society certifications - from DNV GL and the Indian Register of shipping - for the use of Remote Inspection Techniques (drones) during Powerful new fireboat is Schottel equipped The Branddirektor Westphal, Europe's most advanced fireboat, will soon enter service in the Port of Hamburg with a pumping capacity three to four times greater than the port's existing fireboats. To ensure Korea shipbuilding mega merger hits a snag A much ballyhooed potential merger of Korean shipbuilding giants Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) has run into a snag. Unionized workers at both shipbuilders are determined to

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FEBRUARY 12, 2019
US ports could benefit from project funding The pilot programme is intended to improve the delivery of water resource infrastructure Maersk buys US customs broker Maersk is taking further steps to offer customers a full logistics service and is taking an extra step by acquiring... Yantian Express cargo recovery makes further progress Hapag-Lloyd says significant headway has been made in recovering cargoes US box imports still strong as tariff hike approaches Imports are down from previous highs but tariff pressure remains Grayling contradicted on use of public funds for Ramsgate contract Revelation appears to contradict assurances from Mr Grayling in a statement to the Commons on Monday, in which he said:... Registries criticised for Aquarius de-flagging Human Rights at Sea report argues that ship registries submitted to political pressure when delisting the rescue vessel Nordic American Tankers secures new five-year loan NAT board is focused on further reducing its debt levels CMA CGM thinks inside the box with CEVA deal Combining ocean freight with logistics is nothing new, but will CMA CGM's model be different from past attempts? NAO report says UK's post-Brexit ferry provision lacks adequate capacity Britain faces a ferry crunch ahead of EU exit at end of March as charter market tightens in response to... DSV bid splits Panalpina shareholders Artisan Partners hits out against Panalpina and the company's majority shareholder in light of the DSV takeover bid Malaysia's crude palm oil exports rise in January The country's crude palm oil exports hit 1.68m tonnes, up 14%, mainly led by its exports to China and India Star Bulk profit hit by vessel sale Greece-based bulker owner lifts financing for scrubber programme to $140m and says keeping a large cash cushion 'a priority' CMA CGM makes formal offer for CEVA shares New strategic plan is expected to raise CEVA's revenue to $9bn as two companies realise economies of scale and reduced... Daily Briefing UK government offers ports cheap loans for Brexit upgrades \| UK ferry fiasco continues as Seaborne backer reveals it had... Shipbuilder JES International applies to be put under judicial management The Jiangsu-based shipbuilder has applied to the High Court of Singapore to put itself under judicial management Chinese coal import restrictions spell bad news for bulkers The Baltic Dry Index has reached its lowest level in two-and-a-half years and was at 634 points on Monday as... Blame today's congestion on tomorrow's tariffs Today's congestion is just an algorithmic function of tomorrow's tariffs, but nobody knows what the future holds or what impact... ICS: Time to invest in zero-carbon future The large investments needed to realize zero-carbon shipping should be considered by the IMO during 2020, said Poulsson

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FEBRUARY 12, 2019
NEMF bankruptcy reveals LTL sinkholes Maersk fuels India's inland waterway container push KCSM reopens rail lines at Lazaro Cardenas US matchback potential abounds amid new carrier fees Cargo surge pushes Vancouver port to limits Dynamic air cargo pricing gaining traction Maersk triples North American customs brokerage

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FEBRUARY 12, 2019
Ocean Yield finds work for unemployed FPSO Company dodges $50m impairment fee. Star Bulk expects impact from Vale dam disaster Dry bulk sector demand may fall by 1.25%, chief executive Petros Pappas says. Guinea repeats record as top bauxite exporter to China Guinea's bauxite exports to China increased by 38.3% to 38.2 million tonnes last year, marking the second year the West African country beat Australia for the top spot, according to Banchero Costa analyst Chong Hui Ru. The surge followed extensive Chinese investment in Guinea's mines and logistics infrastructure. "The development of bauxite supplies in Guinea continues to look very positive as t Hyundai Mipo Dockyard reveals ambitions for 2019 South Korean shipbuilder targets 90 new orders in the coming year, with its eye firmly on gas carriers, and an expansion of its activities Morgan Stanley backs off GasLog Partners Investor brings stake below 2%. Wallenius Wilhelmsen eyes dividend after profitable quarter Wallenius Wilhelmsen posted a small profit in the fourth quarter as its ocean segment lagged, but is still considering cutting its first dividend since its 2017 merger. Wallenius Wilhelmsen starts share buy-back The Oslo-traded company posted NOK 8.8m ($1.022m) profit for the last three months of 2018, a dip of 1% year over year. It attributed the dip to lower revenue from its ocean segment, a Wellington takes a step back at DHT Holdings after heavy investments in 2018 First direct disclosure shows major shareholding but fund's stake in tanker owner peaked last summer. Scorpio Tankers scrubber savings could hit $125m Products giant tells Florida investment conference why it is going all in on gas-cleaning systems, and just how rewarding strategy could become. Paris MOU bans another corroded cargoship The Paris MOU port state control organisation has banned another corroded cargoship. The 3,200-dwt Agnes (built 1978) has been barred for three months after failing three inspections in the last three years. Cracked cargoship banned for a year by Paris MOU The latest detention was in Azov, Russia, on 15 January for three days, with nine deficiencies recorded. Grounds for detention included hul Hutchison Port Holdings posts huge loss for 2018 The Hong Kong-headquartered port operator suffered hefty impairment charges last year BlackRock bumps up tanker positions with fourth quarter flutter Investment giant BlackRock bet on tankers as the market climbed off the canvas in the fourth quarter of 2018. Dimensional Fund Advisors bets on tankers amid moves on nine shipping stocks Frontline shares fire after DNB upgrades tanker peer group BlackRock grew its stakes in International Seaways, Nordic American Tankers, Teekay Tankers and Ardmore Shipping during the period as rates and equiti CSSC oil storage unit puts vintage VLCC on auction block China State Shipbuilding Corp (CSSC) offshoot CS Shipping is selling one of its VLCCs via an auction on the Guangzhou Shipping Exchange. Low-key CS Shipping is done buying for this year CSSC Leasing celebrates huge newbuilding haul The base price for the 281,705-dwt CS Pioneer (built 1998) has been set at $14.7m, according to the exchange. VesselsValue estimates the ship's price at nearly $16. Nordic American Tankers strikes fresh $306m loan Herbjorn Hansson-fronted company inks new facility which covers its funding needs for five years. P&I club cover needs to adapt to evolving regulatory landscape Issues around ballast water and fuel regulations require urgent attention to ensure the club system continues to meet shipowners' challenges and liabilities, writes Christian Ott Royal Boskalis springs share buyback with SAAM SMIT cash Royal Boskalis Westminster plans to spend more than half of the money from the sale of its stake in SAAM SMIT Towage to repurchase its own stock. Royal Boskalis set for $201m SAAM SMIT sale Boskalis appoints new CFO from within Boskalis yesterday announced plans to exit its position in the joint venture set up in 2014. It told investors today it expects to collect €175m from the sale, with '10 HMM cuts 2018 loss to $719m as revenue grows Korean shipowner Hyundai Merchant Marine (HMM) has reduced losses in 2018 as revenue rose. The net deficit came in at KRW 808bn ($719m) last year, down from KRW 1.19 trillion in 2017, according to the Yonhap news agency. HMM said its revenue from boxships, tankers and bulkers grew to KRW 5.22 trillion, up 4% year-on-year. But the operating loss was bigger at KRW 576.5bn from KRW 407bn in 2017, Andrew Peers appointed TT Club senior underwriter Insurer TT Club has brought in Andrew Peers as a new senior underwriter. The club said Peers will handle business in the UK, Benelux and Nordic markets. He has joined from RSA, where he spent 17 years and led a team of 12 marine liability and marine property insurance underwriters. Peers has also held senior positions at GE Frankona and Willis. He will will report to EMEA regional director Mar Zim confirms containership demolition sale Zim has sent one of its container vessels for demolition but is playing down reports it has scrapped another ship. Zim nets strong price from containership scrap deal A spokesperson for the container line said the 4,800-teu Zim Barcelona (built 2014) will be scrapped. They did not say how much the ship had fetched or where it would be cut up. However, Zim dismissed widespread reports the 4,800 Court approves Swissco OSV fleet sale The Singapore high court has approved a restructuring plan that will see OSV owner Swissco Holdings sell most of its fleet. At the end of last year, Allianz Middle East Ship Management of the UAE struck a deal to buy 21 ships for $20.5m. These include six anchor-handlers, tugs, barges and workboats. Swissco also has an option to sell another four anchor-handlers (AHTS) for an extra $8.5m. Clar Frontline shares fire after DNB upgrades tanker peer group Frontline shares were catapulted upwards this morning after DNB Markets upgraded its view on the tanker peer group. Frontline saw over 12% added to its market value after analysts led by Nicolay Dyvik reversed a downgrade in late November 2018, made in the wake of Opec production cuts. DNB Markets boosts ratings and rate forecasts for VLGC peer group Dyvik argued tanker stocks had adjusted for CMA CGM launches $1bn CEVA takeover with board backing French line CMA CGM has launched a $1bn takeover offer for CEVA Logistics as it aims to stretch beyond shipping operations. The shipowner said it is paying CHF 30 ($30.25) per share to build its stake from 33% in the Swiss company. Last month, CEVA said the offer was a fair exit opportunity for investors, but added they could realise a higher value by retaining their shares. CMA CGM sees third- Wilhelmsen and Hitachi partner in IMO 2020 fuel testing Wilhelmsen Ships Service has struck a deal with Hitachi High-Tech Analytical Science's to supply equipment allowing crew to test the sulphur content of bunker fuel while onboard ship. Sulphur content can be tested during bunkering operations, rather than leaving the vessel to deal with specification issues after the fuel has been loaded. "Crews will be able to eliminate the risk of accidental no Cargill forms new Norwegian JV using Eidsvaag ships Trading giant Cargill is teaming up with fish-feed player Skretting and shipowner Eidsvaag to cut emissions in Norway. Cargill and Skretting will combine their fish-feed shipping operations along the Norwegian coast. The venture will be called Fjordfrende (Fjordfriend), with the aim of limiting traffic and reducing greenhouse gas emissions. Cargill profit down as shipping 'lags' due to IMO 2020 Reederei NSB keeps up quest to grow outside Germany New CEO Ponath says transformation of midsize shipmanager to an international business is more or less complete DNB brings on super-subs in London and gives City Pep talk An illness in the family of absent DNB chief executive Rune Bjerke did not stop the Norwegian bank going ahead with its first quarterly results briefing in London. Thomas Midteide, group executive vice president for media and marketing, told the assembled hacks: "Just like Norwegian-led Manchester United, we have super-subs on the bench. They are well fed and ready to run." Chief among these was Scenic plans new series of cruiseships at Uljanik Australia's Scenic Cruises is plotting a new series of cruiseships at Croatia's restructuring Uljanik Shipyard. DIV, the owners of the compatriot Brodosplit yard, Uljanik's new strategic investor, signed a letter of intent with Scenic on Monday, Total Croatia News reported. Brodosplit: expenses must be "drastically" cut at Uljanik Detailed work has begun on designing a new series of "several" l Indonesia to lure $60bn of investments to Batam hub Indonesia is targeting a revamp of its Batam island region to draw in $60bn of investment as an alternative shipping and manufacturing hub to Singapore. The free-trade zone has already attracted about $20bn since 2007. Authorities want to reclaim about 8,000 hectares of unused or confiscated land, Intellasia reported. "We aim to develop enclaves of special economic zones in Batam," said Edy Put Mega-merger of HHI and DSME confirmed as Samsung passes Formal agreement to combine world's two biggest shipbuilders will be signed in March, Korea Development Bank says. North Queensland ports begin to resume operations Clean up effort in full swing as some ports return to business quicker than others. Baltic Exchange top Singapore executives quit Major shake-up underway at the Singapore offices of the Baltic Exchange following the resignations of Chris Jones and Marcus Lee. Thailand's Nathalin linked to Hadjiyiannis VLCC Deal said to still be on subjects to owner who has previously said it is in the market for tonnage. Yangzijiang among Singapore's best performing stocks Chinese shipbuilder among top five performers last month, in contrast to compatriot HPH Trust.

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FEBRUARY 12, 2019
Maersk acquires Vandegrift to grow customs brokerage Maersk said its purchase will increase its North American customs staff from 80 to 250. New England Motor Freight files for bankruptcy The New Jersey-based less-than-truckload carrier plans for an "orderly wind-down of its operations." HMM reports operating loss of $513 million in 2018 But Hyundai Merchant Marine saw growing revenue and a smaller operating loss in the fourth quarter. USTR collects comments for Special 301 review Commenters call for China to be identified for the 15th straight year as a country of major intellectual property concerns. Commentary: Stop flying backward on U.S. air imports U.S. freight forwarders are frustrated by the lack of details from the airlines about their arrived imports, let alone the payment terms and conditions. CMA CGM launches public tender offer for CEVA shares C.H. Robinson taps Biesterfeld as CEO Aircraft mechanics ratify new contract with UPS CBP eyes 21st century trade environment Retail imports strong as possible tariff hike looms FMC reviews 17 OTI license applications Hapag-Lloyd's steel floor containers allow heavier cargo Trucking company charged with illegally hauling hazmat

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FEBRUARY 12, 2019
Crude settles higher as optimism over US-China trade thaw offsets oversupply concerns Crude prices settled higher Tuesday on the back of rising equity markets Brent to average $61.03/b in 2019, $62/b in 2020: EIA US crude oil production averaged more than 12 million b/d in January, a new record Venezuela's oil output slips to 1.22 million b/d in Jan: EIA The US Energy Information Administration sees more global oil supply and slightly lower demand this year No one party can perform role of swing producer: OPEC's Barkindo OPEC Secretary General Mohammad Barkindo urged members and its allies to remain firm STEO HIGHLIGHTS: US oil output growth to offset production cuts, sanctions The OPEC-led production cut agreement and sweeping new sanctions on Venezuelan crude flows will not be enough to offset US supply growth Saudis pledge deeper output cuts Saudi Arabia will cut its crude production next month Antwerp bunker operations brace for disruption from Belgian national strike Bunker operations at the port of Antwerp, Belgium are expected to be affected by a national strike WFS takes over two Macoil MGO bunkering barges at Gibraltar: sources US-based World Fuel Services has increased its bunker barge capacity at the Mediterranean port of Gibraltar External: Marine Bunkering(Rotterdam)B.V. Execs urge Egypt to look to Singapore, Fujairah in pursuit of oil role Vitol chief executive Russell Hardy hinted at a more dynamic role in oil markets for Egypt, mirroring its emergence as an LNG export hub. External: Global Risk Management

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FROM THE HOME PAGE

PORTS

Hong Kong government protests PPC's removal from Panamanian ports

Hong Kong/Beijing

Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.

TRANSPORTATION

European transport associations call for the CEF to be allocated at least €100 billion

Brussels

Chronic underfunding and financial shortfalls are lamented

PORTS

The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL

Hong Kong/Panama

CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.

PORTS

Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal

Panama

The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports

INTERMODAL TRANSPORT

Statement by rail and intermodal transport associations against gigaliners on European roads

Brussels

The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.

SAFETY & SECURITY

The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.

Brussels

A budget of almost 15 million euros has been approved

The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports

PORTS

The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports

Madrid

Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.

OFFSHORE

Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.

Houston

It has a fleet of 22 Platform Supply Vessels

Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs

TRADE

Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs

Washington/Suitland

An executive order confirming the suspension of the "de minimis" regime was also signed.

PORTS

Slight growth in freight traffic in the port of Ancona in 2025

Ancona

Rolling stock slightly down. Passenger numbers significantly down.

PORTS

Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.

London

Global Ports Holding invests over €4.5 million

ACCIDENTS

One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )

Singapore

A fire broke out on the unit

RAILWAY TRANSPORT

SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance

Bern

The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.

Last year, freight traffic in the port of Hamburg grew by 2.6 percent.

PORTS

Last year, freight traffic in the port of Hamburg grew by 2.6 percent.

Hamburg

Containers boosted the growth. Volumes remained stable in the fourth quarter alone.

SHIPPING

In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.

Copenhagen

PORTS

Last year, cargo traffic in Montenegro's ports grew by 1.6%.

Podgorica

Cargoes to and from Italy alone increased by +64.6%

PORTS

To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah

The Hague/Dubai

DP World will keep the remaining 62.5%

PORTS

Continues the bending of the traffic of the container in the port of Los Angeles

Los Angeles

In January decrease of -12.1%. Bown: the state of exports to China seems bad

PORTS

In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%

Civitavecchia

In the whole year growth was +3.1%

COMPANIES

Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN

Luxembourg/Rotterdam

The agreement includes rental agreements for over 5,000 multimodal load units

COMPETITION

The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio

Rome

SHIPPING

The International Chamber of Shipping against the new harbour taxes programmed by the US government

Washington

Necessary - the association emphasizes - carefully coordinated political solutions

CRUISES

Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri

Miami/Trieste

They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises

SHIPPING

Hapag-Lloyd and ZIM agreed on a merger agreement

Haifa/Hamburg

The German company will pay up to $2.5 billion

SHIPPING

America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.

Washington

It would be used to fund the new Maritime Security Trust Fund

SHIPPING

Hapag-Lloyd to acquire Israeli ZIM

Hamburg

The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.

COMPANIES

Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement

Dubai

It Kazim appointed president and Yuvraj Narayan managing director

PORTS

Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven

Bremen/The Hague

PORTS

CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa

Hong Kong

PORTS

Tomorrow will be inaugurated the new container terminal of transhipment of Damietta

Bremen/Melzo

Its ability to annual traffic will rise up to 3,3 million teu

SHIPYARDS

Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards

Milan

For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.

SHIPYARDS

Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.

Trieste/Genoa

The first tests at the Sestri Ponente shipyard are scheduled for the end of this year

PORTS

Slight increase in annual freight traffic handled by Croatian ports

Zagreb

Sharp drop in dry bulk offset by increase in liquid cargoes and record containers

COMPANIES

The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)

Genoa

Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.

South Korean HMM's quarterly and annual performances were negative.

SHIPPING

South Korean HMM's quarterly and annual performances were negative.

Seoul

In 2025 the container fleet transported 3.94 million TEUs (+3.2%)

LOGISTICS

Offer to acquire European express courier InPost

Amsterdam/Luxembourg

It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)

OFFSHORE

Transocean and Valaris sign merger agreement

Steinhausen/Hamilton

The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships

SHIPPING

Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.

Hamburg

Record loads transported by the fleet, growing by +8%.

TRANSPORTATION

FS establishes a company specializing in transport and infrastructure consultancy

London

The new company is based in London

Maritime traffic in the Suez Canal fell by 3.4% last year.

SHIPPING

Maritime traffic in the Suez Canal fell by 3.4% last year.

Cairo

Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.

SEAFARERS

The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.

Genoa

LOGISTICS

BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.

Schiedam

The goal is to serve the central-southern Italian market.

Maersk Group announces 15% ground-based job cuts

SHIPPING

Maersk Group announces 15% ground-based job cuts

Copenhagen

The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.

PORTS

In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs

Genoa

Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.

PORTS

Busan Port has again set its all-time record for annual container throughput.

Busan

Last year the total was 24.88 million TEUs (+2.0%)

PORTS

Panama Ports Company has initiated arbitration proceedings against the Republic of Panama

Panama

Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation

PORTS

In 2025, freight traffic in Sardinia's ports grew by +3.0%

Cagliari

Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia

PORTS

Freight traffic in the port of Barcelona to remain stable in 2025

Barcelona

In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)

SHIPPING

Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez

In 2025, ships transiting the Panama Canal increased by +14.1%

SHIPPING

In 2025, ships transiting the Panama Canal increased by +14.1%

Panama

The ports of the Central American nation handled 9,915,357 containers (+3.6%)

Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)

PORTS

Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)

Anjra

New all-time high in total goods

PORTS

In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)

Ankara

Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.

PORTS

APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.

Panama

President Mulino urged Panama Ports Company to cooperate fully in view of this new phase

New crop of historic records harvested by Chinese ports

PORTS

New crop of historic records harvested by Chinese ports

Beijing

In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)

PORTS

PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework

Balboa

The company does not exclude the possibility of resorting to national and international legal action

INDUSTRY

Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets

Fly

The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.

PORTS

Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.

Panama

Last year, PPC port terminals handled 3.9 million containers

Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more

CRUISES

Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more

Miami

New orders for ten new river vessels are planned. A record financial year.

PORTS

CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals

New York/Los Angeles

The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.

RAILWAY TRANSPORT

German rail freight companies reject 37% increase in train path prices

Berlin

Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system

RAILWAY TRANSPORT

FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten

Milan

Two daily connections are made in each direction

PORTS

In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.

Antwerp

For the whole year the decline was -4.1%

CRUISES

Valletta Cruise Port records record annual cruise traffic

London

In 2025, there were 963 thousand passengers (+2.3%)

SHIPPING

Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships

Taipei

Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.

PORTS

In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs

Madrid

New historic highs also for conventional goods and passengers

First container transhipment operation in an Algerian port

PORTS

First container transhipment operation in an Algerian port

Algiers

It happened on Sunday at the port of Djen Djen

TRUCKING

Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders

Belgrade

Week-long protest against the EU's new entry/exit system

NEWS

Resumption of attacks against ships in the Red Sea region threatened

Tehran

They would be implemented in response to an escalation of US and allied military actions in the region.

New annual record for maritime traffic in the Straits of Malacca and Singapore

SHIPPING

New annual record for maritime traffic in the Straits of Malacca and Singapore

Port Klang

Last year, for the first time, over 100,000 ships passed through

SEAFARERS

New record of sailors abandoned by shipowners

London

In 2025, 6,223 crew members from 410 ships were abandoned

PORTS

Two FMC commissioners call on the US government to take action against Canadian and Mexican ports

Washington

Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged

PORTS

Annual container traffic handled by the port of Algeciras remains stable.

Algeciras

A 6.2% decrease in the weight of goods in containers was recorded

RAILWAY TRANSPORT

The EU Commission authorizes Italy to provide financial support for rail operations in ports.

Rome

Incentives for a maximum total of 30 million euros over five years

ACCIDENTS

A Livorno port pilot loses his life in a collision

Livorno

The dynamics of the accident are still under investigation.

ENVIRONMENT

Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures

Lisbon

It was commissioned by the European Maritime Safety Agency

PORTS

The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.

Taranto/La Spezia

Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic

TRADE

G20 merchandise trade trend to fluctuate in the fourth quarter of 2025

Paris

Trade in services is growing

RAILWAY TRANSPORT

Extension of incentives for rail freight shunting in ports

Rome

Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025

SHIPPING

MPC Container Ships revenues decreased by -4.3% in 2025

Oslo

Net income was $236.4 million (-11.4%)

OFFSHORE

Saipem has been awarded a further offshore contract in Saudi Arabia

Milan

Order worth approximately 500 million dollars

PORTS

The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.

Pozzallo

Contract worth approximately 750 thousand euros

SHIPPING

Finmar appointed agent in Italy for United Global Ro-Ro

Genoa

Two services scheduled with stops at the port of Genoa

PORTS

Contract awarded for the expansion of the San Cataldo Pier in the port of Bari

Bari

They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine

SEAFARERS

The digital registry of maritime workers and the digital navigation booklet are law

Genoa

Article 11 of Legislative Decree 19/2026 establishes AGEMAR

RAILWAY TRANSPORT

DB Cargo plans to cut around 6,000 jobs

Berlin

Negotiations with employee representatives to begin soon

SHIPPING

In 2025, containers transported by RCL's fleet increased by +8.8%

Bangkok

Revenues from this activity grew by +5.2%

PORTS

Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.

Palermo

PORTS

Annual container traffic grows by 5.4% at HHLA port terminals

Hamburg

Record revenues expected at 1.76 billion euros (+9.9%)

PORTS

Container traffic at the Port of New York is expected to grow by 2.3% in 2025.

New York

Significant increase in full containers for export

PORTS

Politics and Assiterminal celebrate the extension of the port bonus

Rome/Genoa

Ferrari: understood the value of the planning behind the reformulation of the law

PORTS

Container traffic at the port of Hong Kong decreased by -3.2% in January

Hong Kong

1.13 million TEUs were handled

SHIPPING

Costamare secures $940 million in revenue from the charter of 12 container ships

Monk

SHIPPING

CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.

Marseille

By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.

PORTS

Cargo traffic at the port of Singapore grew by 13.0% last month.

Singapore

Containers amounted to 3,892,370 TEUs (+11.3%)

MEETINGS

Filt Cgil, meeting on the importance of Article 17 of Law 84/94

Rome

It will be held tomorrow in Rome at the Frentani Congress Center

COMPANIES

Britta Weber has been appointed as the new chief executive officer of the Hupac Group.

Noise

He is the current vice president of UPS Healthcare for Europe and Asia.

SAILING LIST

Visual Sailing List

	Departure ports
	Arrival ports by:
	-	alphabetical order
	-	country
	-	geographical areas

OFFSHORE

Saipem to acquire mobile offshore drilling unit for $272.5 million

Milan

Agreement with Norwegian Deep Value Driller

AWARDS

The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.

Genoa

The Targa San Giorgio will be awarded to Gian Enzo Duci

JOBS

Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.

LOGISTICS

Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port

Geneva

It occupies an area of over 100 thousand square meters

LOGISTICS

Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics

Rome

Monthly gross earnings increase at 750 Euros in three tranche

LOGISTICS

Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management

Sydney

It was unanimously approved by the Australian logistic group Cda

CRUISES

Meyer Turku completed the design of a cruise ship to zero net emissions

Turku

The main fuel is biomethanol

INDUSTRY

Last year the turnover of Kalmar grew by +1%

Helsinki

Operating income, net profit and new orders in increase respective of +26%, +28% and +8%

PORTS

Terminal Investment Limited puts hands on the Peruvian port of Pisco

Lima

Acquired the Portuario de Paracas Terminal

INFRASTRUCTURE

Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa

SHIPPING

Grimaldi has taken delivery of the Grande Michigan

Naples

It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group

ASSOCIATIONS

Meeting between the presidents of the Maritime Federation and Assoporti

Rome

Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster

PORTS

Morocco's Marsa Maroc participates in the development of the port of Monrovia

Casablanca

Contract for the management of two docks and the construction of a multipurpose terminal

SHIPPING

South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping

Seoul

Transaction valued at approximately $668 million

ASSOCIATIONS

Stefano Messina has been confirmed as president of Assarmatori

Rome

He will also lead the shipowners' association in the four-year period 2026-2030

PORTS

Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.

Venice

The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.

PORTS

In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)

Tirana

A new peak in passengers also amounted to 1.7 million units (+6.4%)

DEFENCE

WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes

Trieste

The order is worth more than 200 million euros

INDUSTRY

Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships

San Vendemiano

The value of the order is 53 million euros

TRANSPORTATION

Sogedim launches a daily service between Carpi and Campogalliano/England

Carpi

Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato

SHIPPING

Danaos Corporation reports record quarterly and annual revenue.

Athens

Profits are falling

PORTS

CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.

London

SHIPPING

Maersk orders eight 18,600 TEU dual-fuel containerships

Copenhagen

Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.

SHIPYARDS

PaxOcean opens new shipyard in Singapore

Singapore

It occupies an area of 17.3 hectares

PORTS

The largest container ship ever arrived in the port of Trieste

Trieste

Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs

SHIPYARDS

Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group

New York

It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk

PORTS

In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)

Rabat

Transhipment equal to 50.5% of the total

SHIPPING

Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route

Keelung

It will be used in the MD2 service

ENVIRONMENT

Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements

Berlin/Hamburg

PROGRESS AND TECHNOLOGY

Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems

Trieste

Co-development of advanced wireless technology solutions planned

ENVIRONMENT

Study finds high levels of persistent organic pollutants caused by shipbreaking activities

Brussels

PORTS

Port of Livorno: tender for ship-generated waste management begins

Livorno

The expected value of the contract is over 40 million euros

LOGISTICS

DSV revenue and profits impacted by Schenker acquisition

Copenhagen

In 2025, turnover grew by +48.0%

INDUSTRY

Wärtsilä reports significant growth in quarterly and annual results for the Marine segment

Helsinki

The Finnish group's new orders acquired in 2025 remain stable.

COMPANIES

Dutch company Portwise has been bought by its compatriot Haskoning

Rijswijk

The company offers solutions for optimizing terminal operations through automation and electrification

SHIPPING

Construction of the first of six container ships for Italia Marittima has begun in China.

Trieste

The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs

ACCIDENTS

In the Strait of Hormuz, armed vessels ordered a US tanker to stop

Southampton/London

INTERMODAL TRANSPORT

GTS announces new rail services between the port of Genoa and central and southern Italy.

Bari

Connections via the Segrate Milan terminal

AVIATION

Kuehne+Nagel expands CargoCity South at Frankfurt Airport

Schindellegi

A new facility will be completed and taken over at the end of 2028

SHIPPING

The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025

Washington

Currently, 74% of the order book consists of units of this type

PORTS

AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port

Abu Dhabi/Kinshasa

Relaunch of the Banana Deepwater Port Construction Project

SEAFARERS

Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.

Rome

ASSOCIATIONS

Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia

La Spezia

PORTS

The tender for the development of the shipbuilding hub in the port of Ancona has begun.

Ancona

The AdSP Management Committee has approved the call for tenders

SHIPPING

ONE's quarterly financial performance declines further

Singapore

The volume of containerized cargo transported by the fleet remains stable

INSTITUTIONS

Laura DiBella's nomination for FMC presidency has been signed.

Washington

His term will expire on June 30, 2028.

PORTS

Port of Singapore saw record bunker deliveries in 2025

Singapore

PSA-MOL joint venture to manage a new ro-ro terminal

PORTS

The port of Taranto was visited by a delegation from the Japanese FLOWRA

Taranto

The association brings together 21 of the main Japanese energy players

INDUSTRY

ABB's new orders in a quarter exceed $10 billion for the first time.

Zurich

Growing demand in the maritime, port and railway sectors

LAW

In the United States, MSC was fined a total of $22.67 million

Washington

The Federal Maritime Commission has released the results of an investigation

COMPANIES

Signal Ocean has acquired AXSMarine

Paris/London

The company offers web platforms to support the ship charter sector

COMPANIES

CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno

Livorno

Livorno Reefer to acquire stake in CSC

SHIPPING

Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.

Gothenburg

They were designed in cooperation with the Italian Naos

SHIPPING

Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships

Shanghai

The order will include options for two additional vessels

UPS revenues decreased by 2.6% in 2025

In the last quarter alone, a decrease of -3.2% was recorded

SHIPPING

ICS has published its periodic analysis of flag state performance

London

COMPANIES

Michail Stahlhut will step down as CEO of Hupac in May

Noise

Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.

PORTS

Members of the Ravenna Marine Resource Partnership Body have been appointed.

Ravenna

It will meet for the first time on February 4th and will remain in office for four years

SHIPPING

Messina (Assarmatori): MIT's decree on cold ironing is a good thing.

Rome

This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.

PROGRESS AND TECHNOLOGY

Contship has joined the Digital Container Shipping Association's DCSA+ program.

Melzo

Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.

PORTS

The Argentine Port Workers' Federation threatens a strike at national ports.

The Silver

Action in support of workers at the port of Concepción del Uruguay

PORTS

In 2025, freight traffic in the port of Taranto grew by +0.8%

Taranto

In the last quarter alone, a decrease of -22.6% was recorded

PORTS

Last year, container traffic in the port of Valencia grew by +3.4%

Valencia

5,662,661 TEUs were handled

DEFENCE

Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience

INDUSTRY

New facility in Charleston for the production and testing of marine power and propulsion systems

Arlington

It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo

SAFETY & SECURITY

Project to strengthen maritime and port cybersecurity

Brest/Brussels/Rome

The partners are France Cyber Maritime, FEPORT and the Federation of the Sea

PORTS

Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.

Los Angeles

A decrease of -0.6% was recorded for the whole year

INDUSTRY

In the first six months of operation InnoWay Trieste produced 170 railway wagons

Trieste

The construction of 600 units is planned in Bagnoli della Rosandra in 2026

YACHTING

Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.

Milan

Strong confidence in the company's long-term strategy reaffirmed

PORTS

Haropa Port sets new container traffic record

Le Havre

Last year, overall freight traffic increased by +2%

MOURNING

Decio Lucano, the dean of shipping journalists, has passed away.

Genoa

His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"

PORTS

Marsa Maroc orders 106 electric terminal tractors from Terberg

Benschop

They will be employed in the port of Nador West Med

INTERMODAL TRANSPORT

Contargo acquires 50% of Cargo-Center-Graz Logistik

Mannheim

The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.

COMPANIES

A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos

Venice

The company manages the terminal for the motorways of the sea and cruises in Fusina

PORTS

The Port of Long Beach handled record container traffic in 2025

Long Beach

In the last quarter, a decrease of -8.8% was recorded

SHIPPING

HMM to introduce AI-based autonomous navigation solutions on 40 vessels

Seoul

Contract with Avikus and agreement with KSOE

PORTS

Italian Ports:

Ancona

Genoa

Ravenna

Augusta

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

MEETINGS

Filt Cgil, meeting on the importance of Article 17 of Law 84/94

Rome

It will be held tomorrow in Rome at the Frentani Congress Center

MEETINGS

A conference on congestion in the North West logistics system will be held in Genoa on January 19th.

Genoa

It will be held at the Transparency Hall of the Liguria Region

››› Meetings File

PRESS REVIEW

Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government

East Port Said Port faces a new challenge with Europe's carbon rules for shipping

(EnterpriseAM)

››› Press Review File

FORUM

of Shipping
and Logistics

ASSITERMINAL

Intervento del presidente Tomaso Cognolato

Roma, 19 giugno 2025

››› File

FREIGHT TERMINALS

Two new rail connections to Germany from the Padua Interport

Padua

They are operated by InRail and LTE Italia

SHIPPING

Intersea has become the general agent in Italy for the Portuguese GS Lines

Genoa

The shipping company is part of Grupo Sousa

PORTS

MSC and Qatari company Maha to develop and manage the Libyan port of Misurata

Paris/Misurata

An investment of 1.5 billion dollars is expected

MARINAS

F2i has been awarded the concession for the Lavagna tourist port

Milan

The concession contract will have a duration of 50 years

OFFSHORE

Eni launches the hull of the Coral North FLNG

Geoje/San Donato Milanese

It will be used offshore Cabo Delgado, north of Mozambique.

LOGISTICS

Laghezza has acquired a logistics warehouse in Sarzana

La Spezia

The aim is to establish a local hub for local production activities.

PORTS

The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.

Sokhna

It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals

SHIPPING

The GNV Altair ferry has joined the GNV fleet

Genoa

It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.

COMPANIES

Ignazio Messina & C. has acquired full control of Thermocar

Genoa

The Genoese company operates in the temperature-controlled refrigerated container logistics sector.

SHIPPING

Maersk confirms resumption of MECL transits through the Suez Canal

Copenhagen

The line connects India and the Middle East with the US East Coast

SHIPPING

Genco's board of directors rejected Diana Shipping's acquisition proposal.

New York/Athens

The American company, however, leaves a glimmer of hope by admitting the validity of the merger

SHIPPING

MSC will include the port of Trieste in the Dragon Italy-USA service

Geneva

The Julian port will be reached starting from the second half of February

- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio
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