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15.06.2011 MonaLisa Baltic Maritime Project
The MonaLisa project, an action in the Baltic Sea region aimed at improving the quality of maritime transport, will benefit from 11.23 mn euro in EU contribution from the 2010 TEN-T Multi-Annual Call. The project, which forms part of TEN-T Priority Project 21 Motorways of the Sea, will run until 2013 and includes the participation of three Member States (Denmark, Finland and Sweden).

05.05.2011 FESCO Moving Office to Netherlands
FESCO is moving its tramp fleet management operations from Vladivostok to the Netherlands, SeaNews has learnt. The office will be located in Breda, near Rotterdam.

China: COSCO, CSIC Ink Strategic Cooperation Agreement
On December 4, 2012, China Ocean Shipping (Group) Company (COSCO) and China Shipbuilding Industry Corporation (CSIC) held a signing ceremony in Beijing for a strategic cooperation agreement.

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