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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:34 GMT+1
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BRIEFS
January 21, 2022
Exim Indiaweb site
JANUARY 20, 2022
  • Exporters shift to break-bulk to beat container shortage
  • Market volatility & elevated demand seen continuing on Trans-Pacific trade lane
  • Newbuilding orders slowing down
  • NYK boosting Capesize bulk carrier fleet through LNG-fuelled vessels
  • S. Korean antitrust authorities fine shipping companies for price-fixing
  • Shipping rates seen remaining high in 2022
  • Suez Canal expansion to be completed by July 2023: SCA
  • DGFT clarification regarding SIMS
  • India's fruit imports grow in double-digits
  • Palm oil import down, soyabean oil up in Nov.-Dec.
  • Sugar exports surge
  • CONCOR flags off inaugural loaded export container rake from CRT Mandalgarh to Pipavav Port
  • India-Bangladesh trade skyrockets
  • Southern States keen to boost logistics infrastructure through PM-Gati Shakti
  • Indian CEOs overwhelmingly optimistic on country's economic prospects
  • Potential seen for Indian engineering MSMEs to be integrated into global value chain
  • Rise in differing cargo theft types driven by conditions at congested US ports

International Transport Journalweb site
  • Made the best of 2021
  • Back on track
  • Partnership for intermodal services in USA
  • Kale Logistics picks Vikram Bansal
  • New feeder from Hamburg to Sweden
  • Renewed emphasis on premium products
  • Network expands membership
  • Unilode repairs and digitises Skycooler's ULD
  • More development near Duisburg
  • Gothenburg stronger in 2021
  • Freight train of the future gathers pace
  • Swissport promotes Nadia Kaddouri
  • Ceva to manage warehouse near Wroclaw
  • DHL GF: Covid-19 antiviral pills for South Korea
  • "Salamanca" calls at Bilbao
  • Solar cells to power fleet
  • Lionel van der Walt joins Nexshore's board
  • B&H World augments OBC offering
  • Envirotainer and AFKLMP Cargo: joint initiatives
  • "Curiosity of the Day"

The Loadstarweb site
JANUARY 20, 2022
  • Forwarders fear 'shut-out' as other major lines emulate Maersk strategy
  • Liner integrators - Taiwan's big three have 'no ambitions in that direction'
  • Roaring reefer freight rates freezing out perishables from the shelves
  • More pain for shippers as the price of US trucking stays in a high gear
  • B767F popularity shows demand for legacy freighters remains strong
  • Containership earnings bonanza continues in the red hot charter market
  • Stena and ABP in £100m deal to build new Humber terminal at Immingham
  • Freight tech provider shifl shifts into fintech market
  • On the wires: The earnings season opens - downside risk fully apparent
  • The Loadstar Podcast | 2022 | Episode 11: Freight mini-spike or multimodal crunch as CNY factory closures loom?

Marine Logweb site
JANUARY 20, 2022
  • CMA names its 2022 Commodore
    The Connecticut Maritime Association (CMA) has named Gary Vogel, CEO of Stamford, Conn.-headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) as its Commodore for the year 2022. The 2022 Commodore Award will be
  • Crystal Cruises suspends operations
    In one of the latest fall outs from Genting Hong Kong's liquidation filing, its Miami-headquartered luxury cruise brand Crystal Cruises yesterday announced that it was suspending operations. Following is the text of
  • VIDEO: Fully-electric ferry is first of its kind in southern hemisphere
    The first fully-electric, high-speed passenger ferry in the southern hemisphere recently made its debut in Wellington, New Zealand. The 19 meter long ferry, the Ika Rere, can carry up to 132 passengers
  • Corps releases inland waterways spend plan
    The U.S. Army Corps of Engineers has released its spend plans, outlining the Civil Works studies, projects and programs that the Corps will implement in Fiscal Year 2022. The plans include $22.81
  • NY's first offshore wind farm gets approval to start construction
    The Construction and Operations Plan (COP) for South Fork Wind, New York's first offshore wind farm, has received approval from the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM).
  • Dry bulks: Can the boom resume?
    Looking for what's ahead in the dry bulk shipping markets? The thermometer usually used to measure the health of the dry bulk market is the Baltic Dry Index, and through the first
  • Port NOLA reaches cargo and terminal milestones
    The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo,
  • Wire rope: The importance of verifying your terminations
    By Matthew Spolarich, CDR, U.S. Coast Guard, Marine Safety Unit Houma Wire rope and its associated cable assemblies are an essential part of the marine industry in a variety of load-handling applications.
  • CSM adds holograms to its digitalization tool box
    "The future is already here," said Columbia Shipmanagement (CSM) President and CEO Mark O'Neil, as he addressed an audience in Manila, Philippines, recently. The Mark O'Neil that the audience saw and interacted
  • Hornblower to offer former spill response vessels for new roles
    Two former spill response vessels have been acquired by Hornblower Group, which is to offer them for charter as multipurpose supply vessels through its Seaward Services Inc. subsidiary. Now named the Seaward

Lloyd's Listweb site
JANUARY 20, 2022
  • Shipping eyes future market for CO2 carriers
    Shipping companies are looking to develop bigger CO2 carriers with demand for carbon capture expected to grow
  • Spot capesize rates slump to below operating costs
    Capesize value continues to erode given Brazilian iron ore shipment issues in what is traditionally a weak quarter, exacerbated by...
  • Offshore construction legal textbook gets second edition
    'This industry is obviously very heavily lawyered, because when things go wrong on these projects, it could cost billions and...
  • Multiple US legal actions launched against ONE Apus carrying interests
    Cases have been filed in at least three US states and more are expected to come, although many could eventually...
  • China bulker congestion stabilises
    Lloyd's List Intelligence data shows 610 bulk carriers at anchor waiting to discharge at key ports. Northern China accounts for...
  • Aviation slump opens new ship finance pathway for boxships
    Landmark deal to open up opportunities as 'people know it's possible,' say lawyers linked to deal
  • Recruitment for maritime must focus on job relevance
    Shipping's transformation to an era of decarbonisation and digitalisation will demand new skills. The industry has not cast its net...
  • Hafnia in talks to buy 12 tankers from Scorpio
    A deal would see Scorpio exit the long-range one tanker segment
  • Yantian Port restricts container gate-ins amid congested storage
    Boxships arriving from the US and Europe dropped 40% at Yantian, with schedule reliability ratios below 20% and average delays...
  • K+N counts the days of delays
    By counting the capacity of teu and the period for which it is delayed, K+N wants to pinpoint disruption hot...
  • Heidmar's link-up with Capital shows size matters
    Tanker pools are seen as growing in scale as charterers - and decarbonisation requirements - make life tougher for smaller...
  • Solving crew-change crisis requires a better vaccination programme
    The industry must aim for a 100% vaccination rate for seafarers and receiving booster shots is among the next must-do...
  • Shipbuilding orders in China rose in 2021 as profits declined
    'The international shipping markets were in a strong uptrend in 2021, leading to a better-than-expected recovery in newbuilding markets,' says...
  • Daily Briefing
    Milder Omicron variant seen supporting tanker rates rebound | Alibaba-linked carrier pays premium charter for vintage boxship | Containership demand...
  • Long Beach sets annual throughput record in 2021
    The port said it handled 9.38m teu during the year, a rise of 15.7% above the previous record of 8.11m...

The Journal of Commerceweb site
JANUARY 20, 2022
  • CSX ramps up hiring in bid to take freight share from trucks
  • Cargo data timeliness, consistency bigger hurdle than access: shippers
  • Matson's Q4 results show China shipping surge
  • Australia forwarder eyes regional expansion with new funding
  • Worker retention the real problem in US transportation, warehouse sector: analyst
  • North America facing worst of port congestion: K&N
  • Forwarder shifl wades into cargo payment space

TradeWindsweb site
JANUARY 20, 2022
  • Crew rescued from Norwegian cargo ship after possible encounter with Russian warship
  • Port of Los Angeles to spend at least $220m on boosting container throughput
  • US-backed maritime security forces continue patrolling Middle East Gulf
  • Capesize bulker market hits 18-month low as Indonesian coal ban meets China's iron ore demand slump
  • 'The end of operations' for Richard du Moulin's Intrepid Shipping
  • 'Fire sale' or just red-hot S&P market in Scorpio's fleet sale to Hafnia?
  • Leading Japanese yards ready to roll out ammonia-fuelled bulker design
  • Eagle Bulk boss Gary Vogel to be installed as next CMA commodore
  • GEV brings in Avenir exec Per Roed to drive hydrogen ship project
  • Greece's Asso adds to fleet with SBM Offshore construction ship
  • 'Gold dust': SGMF shifts to first ammonia fuel guide after revising flagship LNG publication
  • X-Press Feeders returns to China for midsize container ship quartet
  • 'Tough task': Salvors complete Wakashio bulk carrier wreck removal off Mauritius
  • Prax Group turns owner with product tanker buy
  • Helsinki Shipyard reveals deal for Norilsk Nickel LNG-powered icebreaker
  • Golar spin-off CoolCo seals $570m loan as it eyes second listing
  • Carbon capture market target for new Knutsen-NYK tanker venture
  • Will VLCC owners fight back in 'bleak' markets as fuel costs rise?
  • Small is beautiful for unique Shipowners' Club
  • Shipowners' Club faces up to fixed premium challenge
  • Singapore offshore sector poised for cyclical upturn, says UOB Kay Hian
  • Crystal Cruises suspends operations due to parent Genting HK's financial woes
  • Capesize bulkers ride Russian surge in coal exports to Asia, says SSY
  • Defusing the bomb: what are the options to neutralise FSO Safer?
  • Yemen's ticking FSO time bomb could dwarf Ever Given crisis
  • Yards face fresh wave of orders for 7,000-teu neo-panamax container ships

American Shipperweb site
JANUARY 20, 2022
  • American's record Q4 cargo revenue eases sting of $921M loss
    Among the major U.S. passenger carriers, United Airlines was the big winner in cargo performance during 2021.
  • AEI certifications enable more 737-800 converted freighter sales
    Aeronautical Engineering takes used planes and turns them into cargo configuration. More countries are approving a new design for its 737-800 freighter.
  • 'Tricky time' for shipping stocks: Course corrections ahead?
    Could container shipping and tanker stocks end 2022 very differently than they began it?

The Bunker Bulletinweb site
JANUARY 20, 2022
  • Hafnia says in talks to buy 12 Scorpio LR1s
    Singapore-based shipowner said in a statement it would provide further information at a later date.
  • TotalEnergies affirms drive for LNG as bunker fuel, eyes biomethane
    Company plans to increase biofuels production capacity from 0.3mt/year in 2020 to 2mt/year by 2025 and 5mt/year by 2030.
  • Crude consolidates as US inventories climb, Biden mulls further actions to cool market
    US commercial crude stocks climbed 520,000 barrels to 413.81 million barrels.

›››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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