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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:30 GMT+2
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BRIEFS
March 1, 2013
Sched Netweb site
  • US east coast dock strike a risk as ILA, USMX extend talks a week
  • Port of Xiamen to merge three container terminals to provide 50 berths
  • Safmarine drops Maersk agency, picks Socopao as South African agent
  • Chongqing to build 50 central business districts in five years
  • BIMCO opens in Shanghai to enhance relations with Chinese stakeholders
  • Maersk adds 'administratively difficult' Hazira after others shy away
  • Working two sides of finger piers with Liebherr ship-to-shore crane
  • Vancouver installs GPS transponders on 700 trucks - 50pc of drayage fleet
  • CMA CGM 16,000-TEUer offers passenger service on Asia-Europe route
  • NIIT installs cargo handling system for Cathay's Hong Kong terminal
  • GACAG urges global agreement on trade facilitation after Doha talks stall
  • Liege airport posts 14.5pc cargo decline, but new services rebuild traffic
  • Lufthansa Cargo joins German humanitarians to airlift urgent relief
  • Dusseldorf welcomes first B787 freighter by charter flight from UAE

Exim Indiaweb site
FEBRUARY 28, 2013
  • Hanjin announces East Africa service from Mundra
  • Stimulating deliberations & enthusiastic interaction make for a distinct event
  • FM announces setting up of two new Major Ports
  • Iranian oil companies interested in setting up LNG/oil terminal at Dighi Port
  • JNPT seeks Sebi nod to raise funds through bonds
  • Port restrictions, high barge charges causing ship supply costs to spiral, warns Hutton s
  • Private port operators seek PM s intervention on proposed new guidelines
  • Synergy Seaports facilitates first vessel call at Kandla Port s new Berth 13
  • Budget 2013-14-Some key proposals
  • Highlights of Union Budget 2013-14
  • IDBI Bank, Exim Bank to jointly finance export-oriented companies
  • INR remains firm despite trimming initial gains

International Transport Journalweb site
FEBRUARY 28, 2013
  • Sichuan Airlines introduces second long-haul destination
    Starting today (28 February), China-based Sichuan Airlines is launching operations to Melbourne, its first destination in Australia. The Chengdu-based carrier began a first long-ha...
  • Quito's new airport opens
    The opening ceremony of Quito's new Mariscal Sucre international airport took place last week. Its brand new cargo facilities (45,000 sqm) have the capacity to handle 250,000 t of ...
  • Finnlines to increase Helsinki - Rostock sailings
    Finnlines, which currently offers three direct sailings a week from Rostock (Germany) and two from Helsinki, will introduce a new departure from Helsinki in week 15. The Finnish sh...
  • CSX started track work in Virginia
    CSX Transportation, a transport service provider based in Jacksonville FL (USA), has started track maintenance work on its line through Ashland VA, to step up the safety and effici...
  • New CEO helms USA Truck
    USA Truck Inc has appointed John Simone as its new president and CEO and given him a seat on the board of directors. The former CEO, Cliff Beckham, has returned to his previous rol...
  • Wim Bosman Belgium receives truck safety award
    Wim Bosman Belgium, a European logistics service provider, has won the Truck Safety Award presented by MMM Business Media in Belgium. The jury was impressed by the results that the...
  • AirBridgeCargo opts for application of Champ Cargosystems
    Moscow headquartered AirBridgeCargo Airlines (ABC) is augmenting its cooperation with Champ Cargosystems. The provider of integrated, business-critical IT solutions for all players...
  • Daimler augmenting truck portfolio in India
    Daimler India Commercial Vehicles will put 17 new BharatBenz truck models onto the Indian market by 2014. After last year's record sales of over 1,000 heavy-duty trucks within a th...
  • Etihad Rail: stage one on schedule
    Etihad Rail, the developer and operator of the UAE's national railway network, has secured funding of AED 4.7 billion (USD 1.28 billion) for stage one of its railway project. The n...
  • DST opens logistics hub in Karlsfeld near Munich
    DST Möbel Mobil, a furniture forwarder based in Rekingen (Switzerland), is opening a 2,000 sqm logistics centre with twelve truck loading bays in Karlsfeld, on the north-western pe...
  • Streck Transport holds groundbreaking ceremony for new logistics centre in Switzerland
    Streck Transport AG, a forwarding company headquartered in Möhlin near Basel (Switzerland), is investing CHF 12.5 million in a cross-docking warehouse and office building in Pfunge...
  • NV Logistics SA accredited by Swissmedic for transport/storage of therapeutic products
    NV Logistics, a Geneva airport (Switzerland)-based company founded by Thierry Moreno in 2010, provides a large and innovative range of logistics services to its clients. The f...

Marine Logweb site
FEBRUARY 28, 2013
  • Peene Werft delivers Swedish Coast Guard vessel
  • Big questions on costs of Canada's NSPS
  • Kvichak Marine books order from Savannah Pilots
  • Hercules Offshore buys liftboat Titan 2
  • Scorpio Tankers exercises newbuild options at HMD
  • Commandant delivers State of the Coast Guard address
  • MOL holds naming ceremony for VLOC

World Wide Shipperweb site
FEBRUARY 28, 2013
  • Equipment flap brings lockout at United Grain facility in Vancouver
  • Greenbrier works agreement to sell Kentucky bearing facility
  • Upcoming AAPA seminar to cover administration, legal issues
  • Corps sets March closure of Columbia/Snake navigation locks
  • Mitsui adding new vessel to iron ore carrier lineup

Lloyd's Listweb site
FEBRUARY 28, 2013
  • CFDA welcomes China move
    Trading platform will boost growing volumes in over-the-counter trades
  • Blackstone to insure Citi shipping book
    Move allows bank to beat capital adequacy rules
  • SSE plans Hong Kong box derivatives trading platform
    Move would sidestep forex controls in mainland China and increase liquidity
  • Scorpio Tankers splashes out on six more eco newbuilds
    Expansion is not abating as company snaps up abandoned slots at Hyundai Mipo
  • Can China-built ships be any cheaper?
    Newbuilding prices might stem the downward spiral
  • Hidden threat in Chinese offshore ambition
    Some of China's yards risk their future to win business today
  • Bourbon vows not to deploy armed guards
    French offshore vessel owner says it would rather stop working if piracy risk mounts
  • Gazprom signs Israel gas agreement
    Russian monopoly eyes greater diversification as monopoly on piped gas to Europe increasingly comes under scrutiny
  • Shell expands LNG business
    Oil major snaps up part of Repsol's portfolio outside North America
  • Suez Canal eyes North Sea crude cargoes
    Promotional tariff wins southbound traffic to Asia
  • Tokyo Gas pumps up the pressure on LNG bills
    Utility wants a new pricing structure for costly liquefied natural gas imports
  • Triangulation will not work for LNG carriers, say experts
    Economies thwarted by varying cargo quality and longer load and discharge times
  • Hong Kong government plans maritime and aviation training fund
    Initiative to recruit young talent tackles industry skills shortages
  • Japanese owners slam Suez fees hike
    Increase of 5% planned for May
  • Banks play down hope of increased lending for shipping
    But owners hear that less money is required for newbuilding and secondhand purchases
  • Every little helps
    Blackstone's insurance deal is not a silver bullet for Citibank
  • Scrap heroes
    Cosco leads the pack in sending ships for demolition over the last four years
  • Aegean Marine Petroleum boosts full-year profit
    Greece-based bunkering outfit enjoys strong 2012 despite flat sales
  • Slack handysize market spells loss for Pacific Basin
    Yearly net loss reflects writedown from ro-ro exit
  • Vale posts its first quarterly loss in a decade
    Iron ore giant takes $5.7bn writedowns on loss-making mines as its maritime freight costs soar
  • Wogan eyes multiple opportunities for GasLog
    LNG carrier owner is relaxed about fixing last open ships as annual revenues soar
  • Brightoil swamped by red ink
    Bunker supplier posts 35% fall in revenue and a $974m loss from derivatives
  • Scrapping emulates last year's record-breaking levels
    Ship recycling players face influx of tonnage in a changing business landscape
  • Cash buyer GMS plugs ship-finance gap
    Operators seeking capital bring business proposals to Sharma
  • Hong Kong Convention entry into force criteria and guidelines
    IMO wording
  • Four years on and the Hong Kong Convention still has no signatories
    Ship recycling industry expects it could take even longer than originally expected to enter into force
  • Owners embrace hazardous materials inventories
    Hong Kong Convention spurs drive to identify asbestos and other risks
  • Spotlight on Bangladesh ship breaking and recycling rules
    An overview of the measures that govern the country's scrapping industry
  • Chittagong is changing its ways
    Bangladesh's shipbreaking industry has been improving working practices in accordance with local government guidelines
  • Industry divided over Brussels moves to regulate recycling
    Success of proposed fund will require more transparent pricing

Fairplayweb site
FEBRUARY 28, 2013
  • Judge refuses to transfer Concordia lawsuit
    A LAWSUIT filed by Costa Concordia passengers will proceed in Florida state court, not Italy - a major legal blow to owner Carnival
  • Earnings put pressure on Aegean shares
    STOCK pricing for Aegean Marine Petroleum Network slumped today after its earnings came in well below expectations
  • Wilson's net losses rise
    WILSON, one of Europe's biggest shortsea operators, today posted significantly higher net losses for 2012
  • Rise in debt protection seen for Germany
    MORE shipowners in Germany are likely to use reformed debtor protection rules under a debt restructuring bill, an insolvency administrator has predicted
  • Lending squeeze halts German fleet growth
    LIQUIDITY and capital shortages are taking their toll on Germany's merchant fleet, the third-largest in the world
  • Shipping hails Delhi's moves
    INDIA'S finance minister today disclosed duty exemptions for domestic shipping companies
  • Pacific Basin swings to losses
    HONG KONG-listed Pacific Basin said today it swung to 2012 net losses of $158.5M, on a $199M write-off of its ro-ro business
  • Kreuz's profits soar 49%
    SINGAPORE-listed Kreuz Holdings said today profits shot up 49% for FY12
  • China's output of ship plates falls 37.2%
    CHINA'S production of ship plates reportedly fell 37.2% in 2012
  • Luka Koper's profits surge but miss target
    LUKA KOPER, which owns Koper, Slovenia's only port, said net profits for 2012 surged to €10.4M ($13.9M), '10M more than its 2011 results but '3.2M less than its prediction
  • Brightoil reels to 2H losses
    HONG KONG-listed Brightoil today reported losses of HK$871.1M ($112.3M) for the six months ended 31 December 2012, reversing profits of HK$965.2M a year earlier
  • Profits for DFDS dive
    DENMARK'S ferry and logistics group DFDS said today recession in Europe and overcapacity were behind a deep fall in 2012 profits
  • Torm warns on profits
    TORM, the listed Danish product tanker and bulk shipping group, said today it faces deeper losses than forecast this year
  • German turbine installation deal awarded
    FRED OLSEN Windcarrier said today it has been awarded an installation contract by the Siemens group
  • Profits tumble 56.3% at China's Sainty Marine
    SHENZHEN-listed Sainty Marine said today its net profits fell 56.3% year on year to 80.7M yuan ($12.9M) in 2012

The Journal of Commerceweb site
FEBRUARY 28, 2013
  • Wan Hai Lines Launches New 4,680-TEU Container Vessel
    Wan Hai Lines christens Wan Hai 515.Wan Hai Lines has christened its Wan Hai 515 container vessel at a ceremony at CSBC Taiwan's Kaohsiung shipyard in China. Po Ting Chen, chairman of Wan Hai Lines, presided over the ceremony. Wan Hai 515 has a maximum loading capacity of 4,680 20-foot-equivalent units. It...
  • MAPI Report: Manufacturing Production to Rise 2.2 Percent in 2013
    Inflation-adjusted gross domestic product will expand by 1.8 percent in 2013 and by 2.8 percent in 2014, according to the Manufacturers Alliance for Productivity and Innovation's Quarterly Economic Forecast report. The figures show no change from MAPI's previous November 2012 report. However, manufacturing production is expected to show increases of 2.2...
  • Japanese Shipowners Knock Plans to Hike Suez Canal Tolls
    The Japanese Shipowners' Association is urging the Suez Canal Authority to rescind the toll increase scheduled to go into effect on May 1. In a letter submitted to SCA, the JSA expressed "deep disappointment" regarding the unilateral toll increase "without any dialogue between the SCA and Canal users," following the 3 percent toll...
  • Shuster, Boxer Urge States Officials to Get Word Out on Infrastructure Needs
    WASHINGTON, D.C. - Bill Shuster and Barbara Boxer - the respective chairs of the House and Senate's major transportation infrastructure committees - told state transportation officials Thursday that their efforts to educate the public and Congress on the nation's infrastructure needs are essential to passing key legislation. The duo's comments highlight the push to...
  • Canada's West Coast Ports on the Rise in 2012
    U.S. and Canadian West Coast ports: market share by country in 2008Canada's West Coast container ports saw robust growth in 2012 while for the most part their U.S. counterparts stagnated or declined, according to analysis of each port's published data. The result is that Canada's share of total West Coast...
  • North American Rail Traffic Drops
    For the week ending Feb. 23, North American carload and intermodal volumes dropped from the previous week because of U.S. and Canadian volume decreases, according to the Association of American Railroads. U.S. Carload vs Intermodal Traffic Week-to-Week Percent ChangeSource: AAR For a larger chart, click on the image.Combined North American carload volume,...
  • India Increases Duties on Imported Luxury Goods
    India's Ministry of Finance has increased the customs duty on imported luxury goods, such as high-end motor vehicles, motorcycles, yachts and similar vehicles. For motor vehicles, the duty has been raised from 75 percent to 100 percent. On motorcycles with engine capacity of 800 cubic centimeters or more, the duty will...
  • Echo Global Logistics Names Reed CTO
    Echo Global Logistics has appointed Michael Reed, its interim chief technology officer, as the official CTO. He has served as interim CTO since April 2012. Reed began his tenure with the Chicago-based transportation and supply chain management company in 2007 as a lead application developer, and has held several positions since...
  • YRC Freight Buys Four LNG Trucks for Pilot Project
    YRC Freight has completed its agreement with Clean Energy Fuels to purchase four liquefied natural gas trucks that will serve the Port of Long Beach and other surrounding areas. The pilot project will leverage the Clean Energy fueling infrastructure in Southern California. The LNG trucks will be operated by YRC Freight...
  • Africa's Logistics Market Ballooning, Study Finds
    Logistics spending in Africa by manufacturers and retailers (both in-house and outsourced) is set to increase by almost $28.8 billion by 2016, as the size of the outsourced logistics market increases by 38.4 percent, according to an "Africa Logistics" report by Analytiqa. The study of eight markets across the region predicted...
  • ILWU: United Grain Lockout Is Unfair Labor Practice
    International Longshore and Warehouse Union Local 4 charged that Wednesday's lockout of its workers in Vancouver, Wash., by United Grain Corp. constitutes an unfair labor practice, and a union spokeswoman said the ILWU plans to file formal charges in the next few days. The company stated that it was locking out...
  • Port of Houston Authority's Commission Approves Budget
    The Port of Houston Authority's commission has approved the port's 2013 operating budget, which reflects increases in operating revenue, net income and cash flow. The budget forecasts a 3 percent rise in container traffic and a 10 percent increase in auto cargo in 2013. Accordingly, the port budgeted $225.6 million for...
  • Drewry Sees Average Rate Hikes of 4 Percent
    Though ocean freight rates have stabilized, importers and exporters should prepare for a "choppy ride" through the rest of this year, Drewry Supply Chain Advisors warned Thursday. Despite another year of excess capacity growth, Drewry expects global freight rates to rise through 2013, even though the majority of new ship deployments...
  • Baltimore Sets Cargo-Handling Record
    Maryland's Gov. Martin O'Malley reported that the Port of Baltimore's public and private marine terminals handled a record 36.8 million tons of cargo in 2012, valued at an all-time high of $54 million. The port's public terminals moved 6.29 million tons of container cargo in 2012, up 7 percent from the...
  • EU-Peru Trade Agreement Takes Effect March 1
    Trade barriers between the European Union and Peru will be lifted as of , when the EU's trade agreement with Peru and Colombia, signed in 2012, will be provisionally applied with Peru. The agreement will open up markets for EU and Peruvian exporters, which is expected to yield more...
  • Court Again Rules in Favor of Port Mackenzie Rail Extension
    Tthe 9th Circuit Court of Appeals has again denied environmental groups' request to block construction on the Port Mackenzie Rail Extension, a 32-mile rail link connecting the main line of the Alaska Railroad with Port Mackenzie in Alaska. The order was issued in San Francisco, denying an emergency appeal by Cook...
  • CMA CGM to Add Port of Charleston to Pacific Express 3 Service
    CMA CGM will add South Carolina's Port of Charleston to its Pacific Express 3 service, providing an additional connection for the region's shippers to ports across Asia. The French carrier has deployed 11 vessels of between 4,400 and 5,100 20-foot-equivalent units capacity in the weekly service. The first ship to call...
  • Port of Los Angeles Appoints Sidley General Counsel
    Janna Sidley, the Port of Los Angeles's new general counsel.The Port of Los Angeles has named Janna Sidley as general counsel, effective March 4. In her new role, she will supervise the City Attorney's port operations and serve as in-house counsel to port management and the Los Angeles Harbor Commission. She...
  • Ship Finance on Life Support
    The drip, drip of bad news from Germany's beleaguered shipping sector threatens to burst into a flood at any time. More than 150 of the single-vessel companies, mainly container carriers, that dominate the nation's shipping fleet, have gone belly-up in the past year. And with charter rates still heading south and...
  • EU to Help Fund $3.3 Million Swedish Infrastructure Project
    The European Union will co-finance more than €2.5 million (about US$3.3 million) from the TEN-T Programme to improve the maritime infrastructure in Lake Mälaren in Sweden to accommodate larger vessels. The project aims to increase the role of maritime transport in the area, foster intermodality and relieve congestion on road and...

Containerisation Internationalweb site
FEBRUARY 28, 2013
  • Brazilian ports await March reform
    After a six-hour protest strike by 30,000 Brazilian port workers on Friday - that left a backlog of an estimated 50 general and containerships to service - ports ...
  • G6 Alliance deny reports that it plans to speed up EUM service
    G6 Alliance member Hapag-Lloyd has moved to deny reports that the alliance has bucked the recent trend for slow steaming by speeding up one of its Asia-Mediterranean ...
  • Kaliningrad the 'crossroads' between Europe and Russia
    No more than 600km separates the Kaliningrad Sea Canal at Baltiysk, the westernmost point of the Russian Federation, from the capitals and ports of Poland, Germany, ...
  • PIL launches new Africa-Middle East Service
    Singapore-based Pacific International Lines will launch a new service covering the Africa-Middle East trade in March.The Africa Middle East 2 Service (AM2), which ...
  • SCCT back to normal for now
    The Suez Canal Container Terminal appears to have worked without restriction this week after a non-violent disobedience group shuttered the APM Terminals facility ...
  • OOCL announces eastbound transatlantic rate hike
    OOCL has unveiled plans to hike rates on the eastbound transatlantic trade, following the announcement in January of plans to increase rates in the westbound direction.The ...

TradeWindsweb site
FEBRUARY 28, 2013
  • Vitol storms US Gulf
    Vitol is getting ready to take a bigger bite out of the marine fuel market with the launch of a new operation that is targeting the US Gulf.
  • Cleartrade courts investors
    Cleartrade Exchange has invited outside investors to participate in a share offering aimed at raising the capital it needs to accelerate the pace of an international growth campaign.
  • Seadrill on the up
    Seadrill turned a profit in the fourth quarter but the results fell short of Wall Street forecasts.
  • Thanks, Partners
    Golar LNG Partners' fourth quarter report has revealed two developments which will aid its parent.
  • Latvian cuts losses
    Latvian Shipping Company (LSC) has reduced its annual loss as rates improved.
  • Trafigura eyes LNG
    Sale-and-purchase brokers were reeling Thursday following reports that Trafigura is on the lookout for LNG carriers.
  • Scorpio still hungry
    The latest batch of orders for six products carriers from Scorpio Tankers is unlikely to sate the company's appetite for expansion.
  • Merle still stuck
    A Turkish cargoship aground on a Portuguese beach for more than a month has not been abandoned by its owner.
  • Fiori in order tease
    D'Amico International Shipping will soon place its fourth newbuilding order since the summer of 2012, its CEO hints.
  • "No decision" on move
    No decision has been made as regards moving the management companies of John Fredriksen's shipping activities from Norway.
  • Courage in the red
    A fourth quarter and full year loss is reported by Hong Kong based bulk carrier owner Courage Marine.
  • Grimaldi steps in
    Italy's Grimaldi Group is backing a new share issue to boost ro-ro operation Finnlines.
  • DIS cracks red run
    D'Amico International Shipping has snapped a four-year losing streak to return to the black in the fourth quarter.
  • Antigone towed away
    A general cargoship caught up in a wages row has ended its 11-month stay in a French port.
  • Alaska reprieve for OSG
    OSG and BP have struck a deal which means its Alaska Tanker venture will not be scrapped just yet.
  • Rem banks $61m
    Norway's Rem Offshore has completed a bond issue worth NOK 350m ($61.26m) that it announced only yesterday.
  • Less tonic for JIN bosses
    Jinhui Shipping & Transportation returned to the black in the fourth quarter amid signs of austerity at the bulker owner.
  • Wilson back in the red
    A tough fourth quarter that accounted for most of the bottom line loss incurred through the year is reported by Bergen based Wilson ASA.
  • Hindu hitch for India?
    India is pressing ahead with controversial plans to build a deep water shipping lane to Sri Lanka straight through the Adam's Bridge coral chain, regarded as sacred by Hindus.
  • A first for Cargill
    Cargill has used a first electronic bill of lading (eB/L) for a dry bulk grain shipment in a move that is expected to see the commodity trading group expand its use to various agricultural trades around the Atlantic Basin.
  • Seacor slips into the red
    Lower than expected revenue and asset sales led Seacor to a loss in the fourth quarter.
  • Alberni up for sale
    Canada's Nanaimo Shipyard is looking to sell its Alberni Engineering unit as part of its efforts to avoid bankruptcy.
  • DOF turns it on
    Norwegian offshore group DOF has bounced back into profit as revenue rose in 2012.
  • Spot bothers Siem
    A weak spot market has dented fourth quarter returns at Siem Offshore.
  • JSA joins canal row
    The Japanese Shipowners' Association (JSA) has added its voice to protests over the planned Suez Canal toll hikes.
  • PB remains in red
    Losses on its ill-timed ro-ro investment continue to plague Pacific Basin Shipping's balance sheet.
  • DFDS declines
    Danish ro-ro group DFDS has posted a lower 2012 profit as its markets were hit by recessions in Europe.
  • Pac Basin's buying blitz
    Pacific Basin Shipping has been quietly blazing an acquisition trail over the past five months, the owner revealed this morning.
  • Nexus heads for exit
    Nexus Floating Production looks set to be liquidated after an FPSO newbuilding in South Korea was cancelled.
  • Korea's cash plea
    The Korea Chamber of Commerce & Industry (KCCI) has pleaded with the government to boost financial support for shipyards in the slump.
  • Collision kills crewman
    One man has been killed in a clash between two cargoships off China.
  • Ezion at it again
    Ezion Holdings good fortune seems to show no sign of stopping after the company picked up its second contract in as many weeks.
  • Profits build at PACD
    Pacific Drilling has seen profits increase by over 40% on a year ago as its drillship newbuildings enter operation.
  • Aegean profits halved
    Aegean Marine Petroleum has seen fourth quarter profits drop by almost 50% on a slight fall in revenues.
  • Scorpio set to order
    Scorpio Tankers is not waiting long to start using its new $300m of financial firepower.
  • Keppel wins jack-up deal
    Keppel has won an order for a jack-up drilling rig in a deal that takes its recent contract haul to almost $500m.

American Shipperweb site
FEBRUARY 28, 2013
  • ILA, USMX allow more time to reach local agreements
    The extended deadline will coincide with the wage scale meetings planned by the union for the week of March 11 where union delegates will consider a tentative six-year master contract agreement reached by USMX and the ILA on Feb. 1.
  • XPO acquires Covered Logistics
    "Don't count on us doing one every two weeks," Chief Executive Officer Brad Jacobs told American Shipper in an interview. "We'll do at least three more acquisitions this year. We're looking at acquisitions of all different sizes."
  • Maersk drops U.S. West Coast Oceania string
    The carrier said it "remains committed to serving the trade. We will replace the 'PSW' service with use of our existing reliable Pacific network, connecting with Oceania through our transshipment hubs in Asia."
  • ATA says FMCSA costing industry $320 million
    According to the American Trucking Associations, it will cost $320 million to prepare the industry for the impending hours of service rule change, and if a current court challenge is upheld, that money will be spent in vain.
  • Revenue up, volume down at IAG Cargo
  • Full-steam ahead at Norbert Dentressangle
  • Sequester update: Impacts on CBP and DOT
  • First rock removal work on Mississippi River finished
  • Executive moves

The Bunker Bulletinweb site
FEBRUARY 28, 2013
  • Petrobras bunker department undergoes reshuffle
    Company announces a number of internal changes.
  • CIMC to adopt fast oil recovery system
    CIMC will equip six of its container ships with fast oil recovery systems.
  • Hong Kong considering lower voluntary sulphur limits
    Comments being sought on plans to tighten 'at berth' sulphur limit to 0.1%.
  • Chemoil's Helios sale boosts results
    Singapore-listed bunker company sees annual profits jump.
  • MGO prices unchanged for second day in Fujairah
    Tight avails reported in Fujairah.
  • Prices in Europe fall for third consecutive day
    Bunkering interrupted at Gibraltar.
  • Shipping fund denies breaking sanctions
    Ship-to-ship transfer claimed to be used as loading method.
  • Vitol-backed supplier enters US market
    Newly formed V-Marine Fuels to start operations in Houston, Texas City and Galveston.
  • Gibraltar: Bunkering interrupted
    Bad weather causes queues to lengthen at bunkering port.
  • Fuel oil stocks at 12-week high
    Arbitrage into East Asia expected to remain high.
  • Norwegian shipowner orders LNG-fuelled fish feed transporters
    The vessels will have an advanced LNG-gas-electric propulsion system which promises fuel savings.
  • Smaller stems allow ship operators to 'max out on cargo'
    Firmer freight rates could be boosting Panama's bunker sales.
  • Grindrod 2012 profits up 54% year-on-year
    Firm achieved a 35% increase in earnings for its marine fuels business.
  • Bunker prices in Asia soften
    Singapore's price of benchmark 380 cSt bunker fuel dropped $6 to average at $633 pmt.
  • Brightoil 'to restart' Houston operations
    Bunker player is looking to expand in 2013.
  • Crew arrested in Malaysia for allegedly smuggling bunkers
    Ship was stopped following report of theft of 70,000 mt of fuel.
  • Two more charged in Malta corruption case
    Former financial controller and ex-oil procurement committee member of Enemalta deny charges.
  • Seacor falls to loss in Q4
    Firm's operating results for harbour towing and bunkering were $4 million higher in Q4 2012, it says.
  • Brightoil sinks into the red
    But company aims to expand into 'top tier bunker ports' in 2011.
  • Bourbon receives third fuel efficient vessel
    Its seven diesel-electric generators provide intelligent and improved energy management.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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