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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
October 2, 2006
The Business Timesweb site
Shipping News
  • DnB Nor moves into China
    PLEDGING to up the competition in China, major Norwegian ship financing bank, DnB Nor has become the first foreign bank to offer vessel mortgages to owners of Chinese-flagged vessels, following the recent opening of a branch in Shanghai.
  • Daewoo raises target for new orders
    DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipyard, raised its target for new orders this year to a record US$12 billion on increased demand to produce and transport energy goods.

Sched Netweb site
  • Carriers offer SINA service
  • AADA to lower bunker surcharge
  • MOL restructures management following string of accidents

International Transport Journalweb site
SEPTEMBER 29, 2006
  • Wincanton strengthens German IT division
  • Finnlines banking on new super-ferries
  • Traffic up at BAA airports
  • Ökombi aiming to become pan-European ro-mo operator
  • Two new Azkar distribution terminals in Spain
  • Truck diesel tax breaks from 2007 in Spain

Maritime Global Netweb site
SEPTEMBER 29, 2006
  • Multraship under attack in Bulgaria
  • IACS names and shames
  • Golden Ocean orders 2 more ice ships
  • Frontline firms VLCC options ' and sells them
  • Hanjin, "K" Line, Yang Ming and UASC in new service
  • Clipper chooses Inchcape in Panama
  • Eimskip, Kursiu Linija, Container Finance in JV
  • Puerto Rico dock dispute

Marine Logweb site
SEPTEMBER 29, 2006
  • Atlantic Marine wins Matson conversion order
  • Court tells EPA: regulate ballast water discharges

World Wide Shipperweb site
SEPTEMBER 29, 2006
  • Port of Port Angeles earns clean audit for 2005
  • DHS releasing grant funds to protect US infrastructure
  • Willamette Falls Locks closing for winter season
  • Port of Seattle taps firm to find new executive director
  • US rail intermodal total sets new record during week

Lloyd's Listweb site
  • Owners face ballast water rule chaos after US ruling
    ALL discharges from ships in US waters, including ballast water, would be subject to a permit regime regulated by the US Environmental Protection Agency from September 30, 2008, under a district court ruling in San Francisco.
  • Malaysia giant seeks box line boost
    MISC has opened negotiations with several owners of new containerships about chartering vessels to expand the group's under-performing box line business over the next two years, write Julian Bray and Marcus Hand in Kuala Lumpur .
  • MISC plays $3.6bn waiting game over investment plans
    MALAYSIAN shipping giant MISC plans to invest an additional $3.6bn over the next five years but is biding its time due to high prices.
  • German builders 'hampered' by new rules
    GERMAN shipbuilders have complained about restrictions resulting from the introduction of the new common rules for the classification of tankers.

Fairplayweb site
SEPTEMBER 29, 2006
  • India faces fleet replacement fears
    INDIA'S shipping industry faces a monumental challenge in replacing its ageing fleet, warns the Indian National Shipowners' Association
  • Brazil takes stake in Chinese ore project
    BRAZILIAN iron ore and logistics giant CVRD is taking a stake in a new pelletising plant that will be the company's first investment in the iron ore business in China
  • Clarification on USCG payment to Tsakos
    THE Tsakos Group, not publicly-traded Tsakos Energy Navigation (TEN), was the recipient of a cheque from the US Coast Guard this week in relation to oil spill clean-up
  • Sepi quiet on yard sale prices
    SPAIN'S state industrial holdings company, the Sepi, today declined to comment on further revelations over the sale prices for the former Izar shipyards
  • Indian owners bemoan market share
    INDIAN shipping companies are concerned about the steady decline in their share in carrying India's booming foreign trade
  • Police swoop on Bilbao port
  • Veteran tanker is off the spill hook
  • Russian wheat cargo rejected
  • Costa Rica dockers removed
  • Stressed seafarers 'a safety concern'
  • AWB reveals kickback trail
  • Skuld comes to Singapore

The Journal of Commerceweb site
SEPTEMBER 29, 2006
  • Conferees agree on port security bill
    The legislation now heads to a congressional vote, where passage could come before November's elections.
  • Fla. ports take a stand
  • Customs boosts fines for agriculture import violations
  • US, 2 others win WTO agriculture case
  • Matson awards pact for ship conversion
  • TNT re-emerges as possible takeover target
  • WTO probes US cotton subsidies
  • ADB aids Colombo expansion
  • Shipbuilding surges in China
  • AA Cargo cuts fuel surcharge
  • GATX to sell aircraft business

TradeWindsweb site
SEPTEMBER 29, 2006
  • Teekay LNG files shelf
    Teekay LNG Partners has filed a shelf registration for up to $400m worth of common units and debt securities.
  • Mobile does Matson
    Mobile's Atlantic Marine has won a $17m conversion job from Matson Navigation.
  • Concordia maxes up
    Two more P-MAX tankers ordered from Brodosplit to take ice-class product fleet to 10.
  • Leaky Greek at PEI
    A Greek multipurpose ship is safe in port after developing a serious leak off Prince Edward Island.
  • Big John loads revolver
    Ship Finance International Ltd's banks are giving the shipowning entity another $220m in live ammo.
  • Another two for Maersk
    Danish owner lifts number of anchor-handlers on order at Aker Yards to 10.
  • Lone bulker held in Canada
    Port state inspectors detained only one vessel in August, the same as in June and July.
  • Pearl reveals cruise plan
    Start-up owner affiliated to American Cruise Lines will use Halifax newbuildings on US east coast.
  • Taking a break
    Claus-Peter Offen declares a moratorium on ship orders for two years.
  • Frontline declares then sells
    Norwegian owner firms up two more VLCCs at Jiangnan ' then sells contracts for quick profit.
  • Four more for NYK
    Japanese leviathan brings series of 2,700-teu boxships at STX in Korea to 10 vessels.
  • Leasers gain tax-free status
    Singapore authorities grant Approved Shipping Investment Enterprise status to four companies.
  • Novoship back at HHI
    Russian owner takes next step in newbuilding programme with deal for four aframaxes with old partner.
  • BLT looks good to go
    Indonesian owner issues preliminary document about Singapore listing, but details remain sketchy.
  • Trio in China venture
    China Shipbuilding Industry Corp and engine builders Wartsila and Mitsubishi to launch new China factory.
  • APL targets China-Oz trade
    US liner firm teams with Cosco and PIL to launch new weekly service linking China and Australia.

American Shipperweb site
SEPTEMBER 29, 2006
  • Shipper groups step up pressure to end carriers' collusive rate setting
  • EC asks for opinions on ELAA's information exchange system
  • Eimskip buys majority stake in Finland's Containerships
  • TACA to raise U.S. inland tariff
  • ESPMC-WITASS lines to hike northbound rates
  • GATX to exit aircraft leasing business
  • Cargo units of American, BA to lower fuel surcharges
  • DHL Israel moves to new head office in Tel Aviv
  • Jevic opens Detroit facility
  • DHS issues contracts for better pocket radiation detector
  • England Logistics plans expansion
  • Port security votes may come today
  • CSI starts up in Jamaica, Taiwan
  • NYK to buy PSA's Belgium ro/ro terminals
  • Shipping called "environmentally friendly"
  • Port of Felixstowe beats rail handling record again
  • Port of Seattle recruits Spencer Stuart to find new CEO

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 29, 2006
  • Two more for Concordia
    Concordia Maritime has declared options for a further two P-MAX product carriers at the Brodosplit shipyard in Croatia. With ...
  • Maersk exercise options at Aker Yards
    A.P. Møller-Maersk has exercised options for another two Anchor Handling Tug Supply (AHTS) vessels at Aker Yards. The two ...
  • Frontline orders VLCCs and sells them
    This week, Frontline exercised an option for two 300,000 DWT tankers at Jiangnan Shipyard in China and sold the contracts ...

The Bunker Bulletinweb site
SEPTEMBER 29, 2006
  • Ship operators flock to Bunkerworld Forum
    Delegate sales close for the 2nd Marine Fuel Sustainability Forum as attendees top 170 for Copenhagen event.
  • Cape Town MGO shortages leave vessels stranded
    Refinery accused of 'insensitivity to the shipping industry's needs'.
  • Modernisation/Expansion for storage and bunker facility
    Agreement with port authority will see almost $30 million invested in upgrades to loading/discharging facilities and storage expansion.
  • Durban yard wins bunker barge contract
    Smit Amandla Marine double-hull vessel will be larger than any barge currently in South Africa.
  • Sea's the future
    EasyJet founder joins IMO's World Maritime Day celebration in London.
  • NYMEX Golf Challenge ignites buzz ahead of SIBCON
    NYMEX also launched its Singapore 380 cst futures contract on Monday.
  • Rohregger to leave Addax Bunkering Services
    Company pays tribute to leadership that saw rise of 'extremely successful department'.
  • Rotterdam market quiet Friday morning
  • Singapore showcases oil spill response exercise
    A Joint Oil Spill Exercise was one of the last activities rounding up SIBCON 2006.
  • Singapore: Stocks of residual fuels, middle distillates down
    Stocks of residual fuels at 16-week low, middle distillates at 11-week low.

›››File
FROM THE HOME PAGE
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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