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November 19, 2012
Sched Netweb site
  • Asia-Europe rates plunge 11.4pc to $1,225/TEU as all trades decline
  • TSA carriers delay US$400/FEU dry cargo rate hike to December 15
  • Maersk Line first carrier to surpass million TEU mark in Qingdao
  • Hamburg volume off 0.6pc to 6.7 million TEU, Asian imports down 8.3pc
  • CMA CGM charterer Global Ship Lease praises carrier price discipline
  • South Carolina ports benefit from renewed export log trade with China
  • Nantong to develop China's first 'smart' navigational channel in Jiangsu
  • Chongqing agri investor group develops inter-provincial cold chain service
  • Specific cargo description demanded by Korean Customs - that, or fines
  • Hainan and Singapore set up joint venture to manage Yangpu terminal
  • US poultry sector urges Congress to grant Russia normal trade relations
  • Royal Mail Group back in black, prompting speculation of an IPO ahead
  • TIACA welcomes EU's decision to defer to UN on aviation carbon tax
  • Korean Air re-launches its thrice weekly service to Saudi Arabia
  • DB Schenker opens 9,000-square metre DC between Tokyo airports
  • Anchorage air volume declines 25pc, fuelling hub status grows traffic

Exim Indiaweb site
NOVEMBER 16, 2012
  • Arshiya International's Q2 net profit up 11 pc, revenue increases 50 pc
  • MOL India shifts to new office in Kolkata
  • MSPL receives third dry bulk vessel
  • NYK connects its largest solar energy generating system to power grid
  • Tanker glut contracting on W. Africa trade
  • Teamglobal Logistics celebrates seven successful years
  • The fraternity turns out in strength for a glittering evening
  • KoPT may install floating crane for transloading
  • Pratibha Cauvery refloated; being taken to Chennai Port
  • CFS Association organises second Inter-CFS Cricket Tournament at Mundra
  • Sarjak forays into ODC shipments by air
  • SECRs throughput remains flat at 84.11 mt
  • Slow world air cargo growth persists: IATA
  • Truck rentals up 3-4 pc in Oct.
  • Difficult to achieve annual export target of $360 bn: Anand Sharma
  • Forex reserves drop by $ 781 m to $ 293.56 bn
  • INR sheds 42 paise to end at 55.17 on heavy dollar buying
  • BBC Chartering increases service frequency to WCSA
  • Clipper Projects to manage new multi-purpose pool
  • Project Professionals Group appoints Stella Group in northern Europe

International Transport Journalweb site
NOVEMBER 16, 2012
  • Rhenus Midgard Wilhelmshaven: first fully laden capesizer in German seaport 16. November 2012 The "Navios Pollux" recently became the first fully laden capesize vessel to call at the extended Rhenus Midgard quay in Wilhelmshaven (Germany). The Panama-flagged ship, carrying ...
  • New president for European Federation of Inland Ports
    The members of the European Federation of Inland Ports (EFIP), who recently gathered for the trade body's general assembly in Vienna, elected a new president - Jean-Louis Jérôme, C...
  • RJ ends decades-long Oman service
    After nearly 40 years of service, Royal Jordanian (RJ) decided to suspend its currently four-times weekly operations between Amman and Muscat (Oman), as of tomorrow (17 November 20...
  • Etihad Cargo expands into West Africa
    Etihad Cargo, a division of UAE-based Etihad Airways, has reintroduced a weekly freighter service from Abu Dhabi to the Nigerian city of Lagos, using a Boeing 747-400F freighter, w...
  • U.S. Xpress expands Mexican footprint and service offerings
    U.S. Xpress Enterprises Inc, a leading provider of transportation services throughout North America, will significantly expand its presence and range of US/Mexican cross-border ser...
  • Fuso and Nissan collaborating with light truck sales
    Mitsubishi Fuso Truck and Bus and Nissan Motor Co have signed an agreement covering a long-term cooperation on the reciprocal supply of light-duty trucks in Japan. Beginning in Jan...
  • AA first ever US carrier to offer direct USA to Paraguay service
    Today (16 November 2012) American Airlines (AA) will begin a non-stop service four times per week from Asuncion (Paraguay) to Miami FL (USA), making AA the first ever US carrier to...
  • Nicolini keeps the helm of Assoferr
    Logtainer CEO Guido Nicolini has been unanimously re-elected president of Italy's Association of Railway and Intermodal Operators (Assoferr), which he will lead in the next two yea...
  • Two new managing directors for LUG aircargo handling GmbH from 2013
    The German service provider LUG aircargo handling has announced that Patrik Tschirch and Lutz Schmidt will both become managing directors of the company, effective 1 January 2013. ...
  • Gotthard line closed yet again for several days
    The Gotthard rail link through the Swiss Alps has had to be closed yet again due to a new rockslide near Gurtnellen. According to the country's national railway SBB, the route is e...
  • Asstra opens office in Czechia
    The international transport and logistics service provider Asstra has reinforced its presence in Europe. This month (November), the company announced that it has opened a new offic...
  • Dachser expands network in South Africa
    Dachser South Africa, a national subsidiary of the Germany-based global service provider Dachser, recently opened a new branch office in Port Elizabeth. The move enlarges the natio...
  • France launches third rail motorway project
    The French minister of transport, Frédéric Cuvillier, has launched the country's third rail motorway project. The planned new Atlantic Rail Motorway (Autoroute Ferroviaire de l'Axe...

Marine Logweb site
NOVEMBER 16, 2012
  • Vigor gets $34.8 million for mobile landing platform work
  • Electric Boat gets $88.8 million more for Virginia class...
  • Seadrill buys ultra-deepwater semi Songa Eclipse
  • MarAd guidance on Sandy Jones Act waiver requirements
  • Conrad Industries books more business
  • Rolls-Royce to design and equip Jiangsu Eastern PSVs
  • BP settles criminal charges in Deepwater Horizon case

World Wide Shipperweb site
NOVEMBER 16, 2012
  • Transpacific carriers push back scheduled dry cargo rate increase
  • Intermodal up, carloads down for weekly rail traffic count
  • Port association schedules annual trade routes workshop
  • Greig Star names Inchcape new Port of Houston agent
  • Matson Navigation taps Park as government relations veep

Lloyd's Listweb site
NOVEMBER 16, 2012
  • Pacific box lines delay rate increase
    Two-week hold on rate hike
  • APM Terminals pushes ahead with Nigeria project
    Badagry outside Lagos will handle domestic and regional transhipment cargoes
  • Carnival pays its shareholders a pre-Christmas windfall
    Special dividend of $0.50 per share makes up for earlier austerity
  • Sanko saga reveals changing face of Japanese bankruptcy protection
    Shipowner presses on with rehabilitation drive as the country's economy stalls
  • It's Gaga: flag states offer rival definitions of who is a seafarer
    As MLC looms, disputed terms spell confusion for cruise companies
  • BP still faces huge Deepwater Horizon bills despite $4.5bn penalty
    Experts say oil major could have to pay much more to settle outstanding civil cases
  • Money for old boats
    Far-flung, impoverished island communities are forced to compromise on ferry safety
  • Fall in Middle East VLCC supply will support new rate growth
    DNB Markets expects prices to double to $40,000 per day
  • McNelis named TBS chief executive
    Management emphasises post-bankruptcy continuity after departure of co-founder Joseph Royce
  • Get in quick
    Prices for newbuildings may be about to turn upwards
  • Le Havre chooses Odfjell Terminals for liquid bulk storage project
    Study planned for first-phase storage capacity of 150,000 cu m-200,000 cu m
  • Janholt to retire from J Lauritzen
    Exclusive interview: President steps down in February after 28 years with Danish owner
  • Austere new world
    Business lending must revive, but shipowners will not credit as freely as they did
  • Japan shells out $50m per day for extra LNG imports
    Demand growth strengthens Tokyo's need to cut costs
  • Capesize rates hold steady
    Good, if not spectacular, demand bodes well for next week
  • Outlook improves for Boskalis profits
    Group 'in no rush' to sell marine civil infrastructure firm Archirodon
  • P&I clubs must pay out $9m before group reinsurance kicks in
    IG raises individual club retention for first time since the 2010 policy year
  • Who is liable if lethal force is wrongly used?
    Enrica Lexie case highlights questions that owners and security firms must clarify
  • Booth parts company with Deutsche Shipping
    Sources claim financier clashed with global co-head Bedranowsky
  • Ross and Diamond S brace for fall-out from 'shaky credit' counterparty OSG
    Distressed asset legend shrugs off fears and criticism, as market laments 'sad day'
  • OSG's Chapter 11 move centres on missed SEC deadline tax issue
    Details emerge as latest shipping bankruptcy drama launches in Delaware
  • BV's Anne predicts upturn in yard prices
    Newly retired class society marine director says demand has now hit bottom

Fairplayweb site
NOVEMBER 16, 2012
  • Two sought after oil rig blast off Louisiana
    SEARCHERS were reported today to be looking for two rig workers missing since their facility exploded today off Louisiana
  • Chemoil triples 3Q profits
    SINGAPORE-listed Chemoil said today it tripled its 3Q profits on a 26% year on year rise in bunker sales volumes
  • Singapore tightens standards on bunker quality
    SINGAPORE, the world's leading bunkering port, has amended its standards to improve fuel quality
  • IG raises club retention cost - again
    P&I CLUBS were told today by the International Group that the levy for individual club retention will be raised to $9M
  • Scheme bundles container ship companies
    DUTCH container feeder specialist JR Shipping is about to merge 11 one-box-ship companies to secure refinancing from HSH Nordbank
  • Transocean wins back award
    DRILL shipowner Transocean has won an appeals court ruling reinstating a $15M jury award against rival Maersk Drilling USA
  • Southern Cross deal for Ultrapetrol lauded
    THIS WEEK'S majority purchase of Ultrapetrol by Southern Cross attracted a "great deal" assessment at the Marine Money conference in New York
  • Court papers explain OSG bankruptcy timing
    OSG SOUGHT Chapter 11 protection on 14 November because a missed SEC deadline would have triggered default, bankruptcy court documents confirm
  • VLCCs extend gains on low vessel count
    SPOT RATES for VLCCs are continuing their recent rise, and a low vessel count in the Gulf bodes well for further gains
  • Prison urged in collision
    A PROSECUTOR has called for prison sentences of 4-5 years in the fatal collision of a Turkish general cargo ship with a French fishing vessel
  • Antarctic ship hits reef
    COOL WORK by rescuers has saved nearly 100 passengers on a grounded Antarctic research ship
  • TORM issues warning on profits
    TORM issued a profit warning today deepen its 2012 losses by up to $180M
  • Aegean turns losses to profits
    BUNKER supplier Aegean Marine Petroleum Network posted net profits of $8.7M in 3Q12 amid challenging market conditions

The Journal of Commerceweb site
NOVEMBER 16, 2012
  • GPA Opens Expanded Intermodal Facility
    Georgia Ports Authority opened its expanded Mason Intermodal Container Transfer Facility at a ribbon-cutting ceremony in Savannah today. Curtis Foltz, GPA's executive director, said the $6.5 million, 6,000-foot railyard extension will increase capacity, improve efficiencies and reduce costs for customers. Previously, trains entered the Mason ICTF from the east and exited toward...
  • UPS Hikes Rates for 2013
    UPS today published new rates for 2013, including an average net increase of 4.5 percent for all air and U.S. origin international services, and 4.9 percent on ground services, effective Dec. 31. The air and international services rate increases are based on a 6.5 percent average increase in the base rate,...
  • Business Sales Show Fastest Growth Since March 2011
    U.S. business inventories in September increased 0.7 percent from August to a seasonally adjusted $1.61 trillion, according to the U.S. Census Bureau. Business sales increased 1.4 percent, the fastest rate of growth since March 2011, to a record $1.26 trillion. Retail inventories excluding the auto sector were unchanged from September. Manufacturing inventories also...
  • DHL Offers Two New Carbon Reporting Services
    DHL recently expanded its GOGREEN environmental services with the addition of two new carbon reporting services, Carbon Estimate and Carbon Footprint, for U.S. importers and exporters. Carbon Estimate is a forecast service that provides customers with an estimate of their CO2 footprint for the most recent three month time period, based...
  • Boskalis Raises Profit Outlook for Second Half of 2012
    Marine services and dredging group Royal Boskalis Westminster reported revenue and profit in the third quarter were higher than levels in the first half of 2012. The Dutch firm revised its outlook. It expects its profit to be around 230 to 245 million euros (about US $293 to $312 million) in...
  • Canadian Pacific Donates $1 Million to Hurricane Sandy Relief
    Canadian Pacific (TSX:CP)(NYSE:CP) announced today it will donate $1M to assist with Hurricane Sandy relief efforts. The donation will include $250,000 to the American Red Cross; $250,000 to the Mayor's Fund to Advance New York City; and $250,000 to New Jersey Governor Christie's Hurricane Sandy New Jersey Relief Fund. "On behalf...
  • EU Rules Changes Could Hit Caribbean Rum Exports
    Changes in European Union trade rules could cause Caribbean countries to lose up to 10 million euros (approximately $12.7 million) by the end of the decade from falling rum revenues, according to the Overseas Development Institute, a UK think tank on international development issues. New research produced for the Commonwealth Secretariat showed...
  • Nicaragua Receives $39.2 Million Loan to Improve Road Transportation
    Nicaragua was recently approved for a $39.2 million loan by the Inter-American Development Bank to improve the efficiency and safety of its transportation system. The money is intended to help reduce vehicle operating costs and accident rates, increase travel speeds, conduct environmental studies, maintain roads and promote safety. A major component includes...
  • Dachser Opens Fourth Office in South Africa
    Germany-based logistics provider Dachser recently opened a branch in Port Elizabeth in the Eastern Cape Province of South Africa, the company's fourth South African office. The Port Elizabeth opening was driven by expanding opportunities in the province ever since the inception of the Port of Ngqura, which is 12 miles northeast...
  • Chassis Shortage Clogs NY-NJ Port
    Hurricane damage to chassis has created equipment shortages that are hitting truckers with hours-long delays and demurrage costs at Port of New York and New Jersey marine terminals. "It's an absolute disaster," said Tom Heimgartner, president of Best Transportation in Port Newark. Other port drayage operators also expressed frustration at chassis...
  • IATA Urges Investment in Aviation Infrastructure for Latin America
    The International Air Transport Association urged stakeholders in the Latin American and Caribbean region to work together for safer and more efficient air transportation at the Latin American and Caribbean Air Transport Association Airline Leaders Conference in Panama on Nov. 15. IATA joined ATLA, Airports Council International and the Civil Air...
  • IECEE Welcomes Kazakhstan as Newest Member
    Valery Koreshkov, EEC minister for technical regulation, and Pierre de Ruvo, IECEE executive secretary and COO. The IEC System of Conformity Assessment Schemes for Electrotechnical Equipment and Components, which provides conformity testing and certification for the safety and performance of electronic products, recently welcomed Kazakhstan as its newest member country. Kazakhstan's membership...
  • Descartes Unveils Product Innovations at Global User & Partner Conference
    FT. LAUDERDALE, Fla. - Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, unveiled key product advances at its Evolution 2012 Global User and Partner Conference that are designed to help Descartes' customers improve their productivity and performance. The advances announced enhance Descartes' Routing, Mobile...
  • DIRECTV Signs Four-Year Contract Renewal With Kuehne + Nagel to Manage Logistics Operations in the U.S.
    JERSEY CITY, N.J. - DIRECTV has awarded a new 4-year contract to Kuehne + Nagel to manage its U.S. warehousing operations and inbound international transportation. This contract is both a renewal and expansion of the existing 6-year strategic relationship. Two additional distribution centers will be opened in Illinois and Texas...
  • Crew of Crowley-Managed Ocean Titan Awarded for Heroism at Sea with 2012 AOTOS Mariners' Plaque
    Accepting the AOTOS Mariners' Plaque on behalf of the officers and crew of the M/V Ocean Titan was Captain Christopher Hill (second from right). Accepting the Mariners' Plaque on behalf of the officers and crew of the USNS 1st LT Baldomero Lopez was AMO National EVP Robert Kiefer. With them...
  • FedEx Trade Networks Named 2012 HP Supplier of the Year
    MEMPHIS, Tenn. - FedEx Trade Networks, the freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), was named 2012 Global Logistics Supplier of the Year by HP for its innovative freight forwarding solutions and collaborative approach to customer service. The prestigious award was presented to FedEx Trade Networks...
  • WISTA UAE - DP World Event on Sunday 18 November, 2012
    WISTA (Women's International Shipping & Trading Association) UAE regularly organises motivating yet unique events for its members in venues not open to the public; on a ship, in an engine room, in a port or even a drydock with great speakers and networking opportunities for the ladies in the shipping...
  • Con-way Truckload Recognized for Superior Performance by United Sugars Corporation
    JOPLIN, Mo. - Con-way Truckload, a full truckload carrier and subsidiary of Con-way Inc. (NYSE: CNW), today announced it was recently honored with the 2012 Service in Excellence Award from United Sugars Corporation, the leading marketer of industrial sugar in North America. Con-way Truckload received the award for providing superior...
  • States, Feds on Regulatory Collision Course
    With the U.S. presidential election over, let the hand-wringing begin. Between now and January ' less, considering the upcoming holiday breaks ' what will a lame-duck Congress accomplish on the numerous and important issues facing it: sequestration/budget cuts, entitlements, the debt ceiling, tax rates, Hurricane Sandy relief, appropriation bills, infrastructure...
  • U.S. Xpress Seals $358 Million Credit Deal
    U.S. Xpress Enterprises extended its credit facilities by securing a $385 million credit deal that increases its total available funds, the trucking operator said Thursday. The refinanced credit structure includes a $190 million loan, a $155 million accounts receivable securitization and a $40 million revolving line of credit. The refinancing increases total...

Containerisation Internationalweb site
NOVEMBER 16, 2012
  • Florida man takes a dozen containers and turns them into a hi-tech home
    Shipping containers are designed to withstand high winds, salt water and be sturdy. One man in Gainesville, Florida, in the US, decided these qualities added up ...
  • K+N renews DIRECTV deal
    DIRECTV has awarded a new four-year contract to Kuehne + Nagel (K+N) to manage its US warehousing operations and inbound international transport, extending and ...
  • Top two box ports still ahead
    The first and second-ranked container ports by volume both enjoyed year-over-year increases in throughput in October suggesting that a combination of new markets ...
  • EU spending will modernise ports, and stimulate shortsea trades
    Proposed European Union infrastructure spending of EUR50 (USD63.8) billion will directly affect the continent's shipping, according to European Commissioner for ...
  • US reports 5% drop in inbound box volumes for October
    US inbound container volumes for October fell 4.8% to 1.4 million TEU compared to the same month in 2011 and are 6.8% lower than volumes for September 2012.Latest ...
  • NYK Europe executive receives honorary degree
    The chief operating officer of NYK Group Europe, Svein Steimler, is to receive an honorary degree from Southampton Solent University for his 'outstanding accomplishments ...

TradeWindsweb site
NOVEMBER 16, 2012
  • Top gun talks turkey
    If you have money in the bank and are willing roll the dice while riding out the downturn it may be the right time to pick up tonnage, according to Urs Dur of Clarkson Capital Markets.
  • Savings shocker
    DNB Markets believes in the benefits of fuel efficient designs but one of its equity analysts is surprised by the high level of savings that some shipowners have reported.
  • Fools rush in
    A team of top US bankruptcy attorneys is urging struggling shipowners to consider Chapter 11 a last resort when determining how best to tackle financial turmoil.
  • NITC's name roulette
    What have a safe, a panda and a carnation got in common?
  • Dof seals more wins
    Dof Subsea has added another batch of fresh contracts in far flung corners of the world.
  • Krasnoye profit leaps
    Russian shipyard Krasnoye Sormovo has pushed up profit on soaring revenue in 2012.
  • Navios buys bulker?
    Angeliki Frangou is being linked with the purchase of a panamax bulker from Japan's Mitsubishi Corp.
  • SwissMarine takes two
    SwissMarine has stepped back into the capesize period market for a couple of vessels today.
  • Mercator turned down
    A Sri Lankan court has turned down Mercator Lines' injunction bid against Ceylon Shipping Corp (CSC) in a coal transport row.
  • Transpetro gives go ahead
    Brazil's Transpetro has given compatriot shipyard Estaleiro Atlantico Sul (EAS) the green light to build four more tankers after Samsung Heavy Industries agreed to collaborate on their construction.
  • Wightlink under fire
    UK ferry group Wightlink has come under pressure from customers after deciding to cut night sailings to the Isle of Wight.
  • Bulk to burden DryShips
    DryShips' increasing exposure to the battered dry-cargo spot market has led Global Hunter Securities to cut its rating on the Nasdaq-listed owner.
  • Odfjell builds in France
    Odfjell and private equity partner Lindsay Goldberg have won a race to develop a greenfield facility in France.
  • Tallink forges ahead
    Reduced financial costs have allowed Estonian ro-ro owner Tallink to boost its third quarter profit.
  • Seadrill hooks Songa rig
    John Fredriksen's Seadrill has confirmed the purchase of a semi-submersible rig from Arne Blystad's Songa Offshore.
  • Cash or keys, please
    DVB Bank is sticking with its no-nonsense approach to troubled loans and borrowers in breach, according to Dagfinn Lunde.
  • Torm to lose half a billion
    Torm will sink to a loss of at least $500m this year as the cost of a financial overhaul sends it bottom line deeper into the red.
  • Polfoss refloated
    A tug has pulled an Eimskip reefer free from a Norwegian beach after it went aground on Friday morning.
  • Maybulk chips in
    Malaysian Bulk Carriers (Maybulk) has agreed to subscribe to a major fundraiser by a part owned offshore vessel owner.
  • VLs in spring rerun
    A spike in VLCC rates could take earnings back above $40,000 daily before owners pull the market back down, a leading analyst says.
  • Kids rescued
    Japanese school children have been rescued from a grounded passengership off Yamaguchi.
  • Pappadakis eyes 'eco'
    A leading Greek tycoon is looking to break back into shipowning after a brief hiatus in which he devoted much of this time to the International Association of Dry Cargo Shipowners (Intercargo) and other charitable causes.
  • Dencker Nielsen in comeback
    TradeWinds digests the digits making the headlines this week.
  • Solstad CSV stays put
    A Solstad construction support vessel will spend another year working in Mexico.
  • Shipping in focus
    It is time once more to get out your camera for the TradeWinds' Maritime Photographer of the Year competition.
  • Janholt calls it a day
    J Lauritzen president and CEO Torben Janholt is stepping down after 28 years with the Danish group.
  • QGOG makes it three
    Brazil's QGOG Constellation has declared an option for another drillship at Samsung in Korea.
  • Shen Neng master fined
    The captain of a Chinese bulker that caused "unprecedented" damage to the Great Barrier Reef has been ordered to pay an AUD 25,000 ($25,850) fine.
  • No regrets?
    We take a look at what was said in the market over the past week.
  • Private equity pledge
    Intermarine expects to continue its fleet expansion campaign when the ink dries on its merger with Scan-Trans Holdings of Denmark in a drive backed by its largest shareholder.
  • Secondhand makes sense
    Safe Bulkers has described its recent acquisition of a modern secondhand panamax bulker as "opportunistic".
  • Ross ready to talk
    Wilbur Ross may have the Midas touch but his shipping empire is not immune to the market downturn.
  • McNelis takes TBS reins
    Gregg McNelis has been named as the new chief executive of tweendecker and bulker specialist TBS Shipping.
  • Jurgen Salamon passes away
    Jurgen Salamon, managing partner of the Dr Peters group, has died of a suspected heart attack. He was 65.
  • PACD ties up Khamsin
    Pacific Drilling has fixed the fifth of its seven drillships on a potential three year charter to Chevron.
  • ISH pulls fund raiser
    International Shipholding Corporation (ISH) has pulled a share offering blaming volatile stock markets for the decision.

American Shipperweb site
NOVEMBER 16, 2012
  • Warning: Cost of shipping going up in 2013
  • Rare case
  • FedEx, UPS prepare for holiday rush
  • Spinning a new yarn
  • Improving import clearance
  • A question of values
  • ECS' Italian landing
  • Charting a unique course
  • WFS handles BA cargo
  • Singapore Air's struggle
  • Wanted: Boeing 767 converted freighters
  • Panamax makes shippers widen thinking
    Major shippers are incorporating the Panama Canal route into their near-term business plans, East Coast ports are expanding their infrastructure to meet future demand, and we are now close enough to envision what the route's capacity will be once the canal expansion is complete in early 2015...
  • Targeting counterfeit drugs
  • Container security test at Prince Rupert
  • Export malaise
  • New export wave
  • Commentary: Solar trade flares
  • Compliance vs. growth
  • Commentary: Big data = big jobs
  • Commentary: Wilder West

The Bunker Bulletinweb site
NOVEMBER 16, 2012
  • Bunker prices end week on uncertain note
    Avails for 1% LSFO were tight on the US Gulf, according to a local player.
  • NOAA funds projects to investigate impact of chemical dispersants
    Funded projects awarded to the University of Maryland Centre for Environmental Science, SEA Consulting Group and Research Planning.
  • Study will look at LNG as a fuel for containerships
    Joint project will take three years.
  • Bunker prices drop in Fujairah
    Marine fuel prices falling across regional bunker hubs.
  • Prices soften in Rotterdam but firm in Gibraltar
    Prices moving up in northern European ports but margins remain tight.
  • Eco orders could put off product tanker revival
    'For the rates to pick up we need less ships not more,' says Stealthgas CEO.
  • Fuel costs climbing for Baltic operator
    But Tallink's profits still show year-on-year growth.
  • Japan reports climb in bunker sales
    September volumes up 13.5% year-on-year
  • Ferries and local business fight sulphur regulations
    Shipping's plea to delay 0.10% sulphur rule is heard by local business.
  • China's bunker sales fall month-on-month
    Plans to allow more suppliers still under discussion.
  • Low used-ship values 'beat eco tonnage' for short term investment
    Secondhand ships top the 'to buy' list.
  • Chemoil seeks to wind up Singapore bunker firm
    'Sufficient evidence' provided to the court that Trio Energy is unable to pay its debt, it says.
  • Bunker prices lack direction
    Prices moving in different direction across key Asian ports on Friday.
  • Chinese bunker supplier engages new accounting firm
    Previous auditors ceased services due to 'changes in the marketplace'.
  • Investment bank continues to 'favour' Aegean
    Aegean's current share price 'too low', says Dahlman Rose.
  • Torm ups full year loss forecasts
    Full year loss to include net loss of $150 million related to time charter agreements cancellations.

›››File
FROM THE HOME PAGE
Fedespedi Report: Northern Adriatic Ports Are Growing, But They Speak Slovenian and Croatian
Milan
In the first half of 2026, Trieste, Venice, Ravenna and Ancona will remain at around 819 thousand TEUs: growth in the basin will come from Koper and Rijeka
Assoporti represented the Italian position on the EU ETS at ESPO
Rome
Petri: No to the indiscriminate application of rules designed for profoundly different territorial realities.
DP World secures ten more years of management of the multipurpose terminal at the port of Luanda
Dubai
Since 2021, it has invested over 260 million dollars in it
Port of Naples, the Darsena di Levante - warns Confindustria Napoli - can no longer wait
Naples
Hupac's new shuttle train between Busto Arsizio/Gallarate and Barcelona
Noise
The three-weekly service will be inaugurated on November 9th
Uniport: Port resilience must be transformed into growth
Uniport: Port resilience must be transformed into growth
Rome
The association is calling on the government to provide clear timelines for infrastructure and dredging, to give businesses more weight in decision-making, and to amend the EU ETS.
Bangladesh seeks to increase competitiveness of ship recycling sector
Dhaka
A plant for the treatment, storage and disposal of waste resulting from ship demolition is planned
Three merchant ships hit in the Black Sea in the special economic zones of Romania and Bulgaria
Bucharest/Sofia
The accidents have resulted in a serious toll: two dead, several injured and an entire crew missing.
HD Hyundai installs first system that eliminates container lashing and unlashing on ships
HD Hyundai installs first system that eliminates container lashing and unlashing on ships
Seoul
A 13,000 TEU container ship from CMA CGM has been equipped with it
Attacks on ships in the Strait of Hormuz continue
Southampton/London
Another vessel was hit yesterday. There have been 93 incidents in the Middle East since the beginning of the year.
Deep Wave expands its digital platform to passengers and cruises
Graz
Investment in Austrian MarineXchange
Construction of a cruise terminal has begun in the Japanese port of Naha.
Naha
Operations are scheduled to begin in March 2028.
Assiterminal promotes port reform, but calls for corrections to Ports of Italy.
Genoa
Three critical issues were highlighted by the terminal operators: the role of the AdSP, the overlap between the grantor and the concessionaire, and the retroactivity of the new regulations.
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Gioia Tauro: Addendum to the updated Port Plan approved
Gioia Tauro
The analysis will allow us to evaluate the Port Agency's employment and staffing needs.
Ships queuing, fuel wasted: how waiting at anchor can save you money.
Copenhagen
The Global Maritime Forum publishes Cargill's test results on 16 real-world voyages. Slowing down and arriving when the berth is free reduces fuel consumption and emissions.
ZIM raises full-year 2026 guidance
Haifa
Adjusted EBITDA and EBIT expected to be $2.7 billion/$3.0 billion and $1.4 billion/$1.7 billion
Gabriele Sangiorgi appointed acting secretary general of the Ravenna Port Authority.
Ravenna
Fabio Maletti's term has expired
Port of Genoa: Messina Terminal workers strike for one hour for a month
Genoa
The company reports that one of the union members did not show up at the last meeting as part of the cooling-off procedure provided for by the National Collective Labour Agreement.
Port of Taranto, agreement to participate in the development of the Valbasento Interporto in Ferrandina.
Matera/Taranto
A logistical-functional masterplan will be developed within 180 days
Attica, the deficit is reduced thanks mainly to capital gains and coverage
Kallithea
First half of the year with fewer crossings and slightly increasing revenues
Since the beginning of the year, passengers and goods on GNV ships have increased by +2% and +5%
Marrakech
Three-year strategic partnership with the Office National Marocain du Tourisme
Escola Europea - Intermodal Transport celebrates its 20th anniversary
Barcelona
A Mediterranean sea voyage between Barcelona, Civitavecchia, Palermo, and Genoa.
Filt Cgil, recognize maritime and port work as arduous
Rome
The union is calling for a clear provision to be included in the next budget law.
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
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