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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:59 GMT+1
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BRIEFS
July 4, 2022
Exim Indiaweb site
  • Sarjak Container Lines wins NVOCC of the Year (Special Equipment) award at South East Cargo & Logistics Awards 2022
  • Marinetrans India completes 18 successful years of providing logistics services to the trade
  • Extension in deadlines for submission of applications under MEIS for exports made in the 4 months period Sept. 2020 to Dec. 2020
  • Railways' best ever monthly freight loading in June
  • SCMTR implementation date extended
  • No disruption to port operations in Sri Lanka due to fuel shortage
  • PIL appoints Lars Kastrup as Chief Executive Officer
  • Shippers worried over undue delay in clearing wheat for exports
  • Baltic Exchange Market Report (1 July 2022)
  • DPA registers highest ever cargo volume in a quarter
  • Coffee shipments up 19 pc in first half of 2022
  • Liberian Registry sees quality & fleet growth

International Transport Journalweb site
  • The next 'phoenix' from the ashes
  • The marriage is postponed
  • Daily shuttle connects Duisburg and Gadki
  • A growing trend in container vessel capacity
  • From Copenhagen to Hong Kong
  • First flight into Asia for DHL Air UK
  • Eddie Chang joins Geodis
  • Unaccompanied freight services on the increase
  • Hydrogen to fuel the ports of Stockholm
  • Frigosuisse changes hands
  • Mycrane picks Piet Kraaijeveld
  • New transport mode for agriculture products
  • Trading air cargo capacity online
  • More space for Rhine terminal
  • For more impact in Asia-Pacific
  • "Curiosity of the Day"
  • Lars Nennhaus returns to Duisburger Hafen
  • Extending rail links for Irish ports
  • Korean Air Cargo renews Ceiv Pharma certification

The Loadstarweb site
JULY 1, 2022
  • Time to end 'abuse by box lines' and create fairer and greener supply chains
  • French government 'presses' CMA CGM to cut ocean rates for retail imports
  • Transpac leads spot rate collapse as consumer spending reaches 'tipping point'
  • Air cargo must become more flexible and reliable - quickly, say shippers
  • Analysis: Countdown on for (dirt cheap) 'Record M'rsk'
  • Scan Global boosts its Asia footprint with Sea Air Logistics acquisition
  • 'Diesel creates fewer emissions' than biofuels, claims green lobby group
  • Lars Kastrup becomes CEO of PIL, as co-president Gan Chee Yen steps down
  • Cardinal Global appoints Kelly Hobson as marketing and sustainability head

Marine Logweb site
JULY 2, 2022
  • Interior releases proposed 5-year offshore oil and gas lease sales program
    The U.S. Department of the Interior chose the Friday of the July 4 weekend to release its proposed program for the National Outer Continental Shelf Oil and Gas Leasing Program (National OCS

Lloyd's Listweb site
JULY 1, 2022
  • Shipping's long 'Do Svidaniya' is proving harder than expected
    In a multipolar world, the rest don't have to follow the demands of the west. Shipping is a case in...
  • Tensions as US west coast labour talks continue
    Memories of 2014 linger as the International Longshore and Warehouse Union draws attention to record profits posted by container lines...
  • Russia sanctions to push subterfuge tankers above 400 ships, says BRS
    Tug of war between cargo interests in Venezuela and Iran with Russia for third-party owned tankers now shipping US-sanctioned oil
  • Russian-linked tanker STS transfers rising off Kalamata
    'There are dark ship-to-ship operations taking place and very dodgy concealment of cargo origin,' Lloyd's List Intelligence review finds
  • Vale develops multi-tank fuel system for ore carriers
    A pilot project will be developed in the coming months for one of Vale's guaibamax very large ore carriers
  • Supplementary calls covering big operating loss, London Club confirms
    'The impact of an unusually challenging claims environment last year was a stark reminder of the importance of our ongoing...
  • Oil and gas exports will drive Middle East growth for next five years
    Saudi Arabia and Qatar in particular will see demand for fossil fuels rise significantly in the medium term, with LNG...
  • CMA CGM joins Engie for $157m biomethane production project
    French companies CMA CGM and Engie will make biomethane in France. They hope to make 200,000 tonnes a year by...
  • The Lloyd's List Podcast: Closing the loop on shipping's circular economy
    Shipping has focused on fuels as the one factor it can control in the push to decarbonise, but the creation...
  • K Line raises vigilance against cyber attacks
    K Line will use an AI platform built by Japanese firm Cybereason. It will also use the same company's managed...
  • Safety alarm sounded as Russia-linked STS operations rise off Greece
    All ship-to-ship operations are taking place outside Greek territorial waters, says Dynamarine
  • Russia adds compound interest to shipping's challenges
    The accumulation of disruption and supply chain shocks are transforming global trade as governments and businesses look to exchange efficiency...
  • Tankers: Demand destruction threatens market turnaround
    Not every vessel size will benefit from a significant recalibration of oil and refined product trades at a time of...
  • Marine insurance: More stable P&I rates, more expensive H&M
    The International Group is about to shrink from 13 members to 12, with mixed predictions on the impact on shipowners;...
  • Iran and Venezuela show Russia a sanctions-skirting template
    Sanctions on Russia amid self-sanctioning by Western oil traders have already upended oil markets; incoming bans on crude and refined...
  • Dry bulk: Growing demand risks unlikely to upend strong rates
    Slowing fleet growth is expected to support dry bulk rates, even as demand concerns emerge due to inflationary pressures globally
  • SIPG appoints Wang Xiufeng as vice-chairman
    Wang Xiufeng possesses a strong pedigree forged in the road transport sector, having held many senior positions at state-owned entities
  • PIL names Lars Kastrup as chief executive
    New chief has pledged to strengthen the Singapore-based carrier's connectivity, renew assets and lead the company to achieve its decarbonisation...
  • Daily Briefing
    Ship finance: Falling cost scorches alternative lenders | Regulation: Countdown to the CII | LNG: Winter of content ahead for...

The Journal of Commerceweb site
JULY 1, 2022
  • Scan Global becomes latest European forwarder to target Asia-based rival
  • California truckers expect 'business as usual' amid AB5 implementation
  • Shippers renew concerns over potential disruption linked to USWC contract expiration
  • CMA CGM to cut targeted French contract rates from Aug. 1
  • Maersk resigns from ICS board amid push to hasten decarbonization
  • US shipping probes turn up heat on Europe block exemption: shipper group

TradeWindsweb site
JULY 1, 2022
  • Oil Brokerage's James McNicol: "This is the start of a journey"
  • VLCCs ticking upwards, but stay a long way from zero
  • Editor's selection: Methanol's moment, the great (broker) resignation, LNG steamships' saviour
  • Inside view: DNV's Remi Eriksen reveals shipping's winding road to zero emissions
  • Turkey's Besiktas jumps into tankers as it grows shipyard footprint
  • Record LNG carrier newbuilding bonanza tops 100 ships in first half 2022
  • Newcomer Beas Lines emerges as buyer of FSL chemical carrier
  • CMA CGM and Engie plot $156m renewable gas 'Salamander' project
  • Stolt-Nielsen ready to look again at tanker IPO as rates rise
  • UN crowdfunding appeal falls flat for 'time-bomb' FSO off Yemen
  • Elite Tankship jumps into shipowning with suezmax purchase
  • Ocean Yield orders dual-fuel ethylene ships backed by Braskem charter
  • DSME cancels second out of original trio of Sovcomflot Arc7 LNG carriers
  • Tsakos Energy buys VLCC in bet on improving tanker rates
  • 'Complex transactions': Braemar delays full-year results for a second time
  • Takeover of seismic shipowner Green Energy Group hits the buffers
  • Lars Kastrup promoted to PIL hot seat
  • Supplementary call strengthens London P&I Club finances
  • CMA CGM to slash French freight rates after government pressure
  • China's Russian oil imports spike as US crude exports set for record
  • China set for growing role in global LPG trade, says Clarksons

American Shipperweb site
JULY 1, 2022
  • July 1 deemed 'Bloody Friday' in shipping due to stock drops
    A shipping researcher dubbed July 1 "Bloody Friday" due to a large drop in stock prices for several shipping companies.
  • Air France-KLM to pay $3.9M over alleged Postal Service scan scam
    Air France-KLM has reached a $3.9 million settlement with the U.S. government to resolve a fraud investigation involving international mail delivery.
  • Viewpoint: How do you put value on today's longshore workers?
    Labor strikes and slowdowns at ports in Germany, Antwerp, Belgium, and Rotterdam, Netherlands, are crippling trade and could trigger more logistical inflationary pressures for U.S....
  • Delta Air Lines paying $10.5M for alleged cheating of Postal Service
    Delta is the latest airline to settle charges of defrauding the U.S. Postal Service on mail transport contracts.
  • Port director says East Coast seeing a boom
    Port of New York and New Jersey executive director says the flow of trade originally bound for the West Coast and redirected to the East...

The Bunker Bulletinweb site
JULY 1, 2022
  • FEATURE: European middle distillate liquidity plummets amid extreme price volatility
    Increased costs of hedging and executing swap trades has also caused a major blow to liquidity, as exchanges such as Europe's Intercontinental Exchange hiked margin calls.
  • BUNKERWORLD INDEX: Demand for light products curtails VLSFO feedstock
    *Lack of cutterstocks leaves Singapore VLSFO tight *Limited European VLSFO as refiners run sweet crude *Lack of diesel supports US Pacific NW VLSFO
  • OIL FUTURES: Crude prices rebound amid further supply constraints
    Developments for current supply constraints are not expected to improve after OPEC+ meeting on June 30.
  • ARA fuel oil stocks drop 0.8% on week to 1.248 million mt: Insights Global
    This is the second consecutive week stocks have dropped. However, they remain close to their highest level in 2022, which was at 1.273 million mt in the week to June 16.
  • European VGO loadings fall 46% in week to July 1
    Increased loadings from Russian ports has coincided with higher VGO output from Russia as Tuapse came back online in the middle of June.
  • US turns to Fujairah for fuel oil as Russian flows to Middle East surge
    Russian oil flows have changed dramatically since the Kremlin's invasion of Ukraine, and this has particularly affected Moscow's fuel oil exports.
  • 0.5%S marine fuel East-West spread hits all-time high on stronger Asian prices
    Singapore marine fuel 0.5%S prices are typically higher than Rotterdam, allowing cargoes to move from the West to the East.
  • SINGAPORE DATA: Residual fuel stocks fall 2.7% to 20.77 mil barrels in week to June 29
    Industry sources said bunker demand has been firm despite high prices as strong freight rates have resulted in owners fixing a larger number of voyages.
  • Fujairah benefits from uptick in Russian crude transiting to the bunkering, storage hub
    Russian crude accounted for 2% of overall crude imports into Fujairah in 2021 and 11% of the total in the first half of 2022, according to port data.
  • SINGAPORE DATA: Bitumen exports rise 53% on week to 69,162 mt
    The main export destination was China at 25,358 mt, up 6% on the week, the data showed, followed by Indonesia at 14,607 mt, up 62% from the prior week.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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