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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
January 18, 2013
Sched Netweb site
  • G6 Alliance sticks with five loops for Asia-north Europe in 2013
  • MSC raises US$43 million to build Lithuanian deep-water Klaipeda port
  • Los Angeles port up 1.7pc to 8 million TEU in 2012, but strike hurt
  • Hamburg Sud-Hapag Lloyd merger talks stymied over control and layoffs
  • Fujian ports box volume increases 10.6pc to 10.7 million TEU in 2012
  • Mediterranean Shipping Company joins Zim in Tampa-based Latin loop
  • Guangdong to build highway network to cover all its counties by 2015
  • Shaanxi road builders put 4,000 kilometres in service from 1986-2013
  • Port of South Carolina post 10pc container volume increases in 2012
  • Port of Los Angeles US$137 million intermodal rail yard breaks ground
  • Singapore's APL introduces feeder service between Germany and Poland
  • NYK Shipmanagement relocates New Delhi office to suburbs in Gurgaon
  • China Logistics Group launches Shanghai-based truck-to-port service
  • Chongqing to build intermodal base for Chongqing-European railway
  • Hactl cargo up 2.1pc in 2012 as it faces 2013 without Cathay Pacific
  • Cathay and Dragonair December cargo up 3.4pc to 146,897 tonnes
  • Frankfurt's Fraport air cargo volume shrinks 6.7pc on global downturn
  • Belgium's Liege Airport suffers 14.5pc cargo traffic decline in 2012
  • Suspended Kashgar-Islamabad charter flights to resume after 2 year lull

Exim Indiaweb site
JANUARY 17, 2013
  • Baltic index up on higher Capesize rates
  • Cosco reportedly considering taking controlling stake in Greecen s Piraeus port
  • G6 Alliance to maintain current 5-loop product structure for Asia-North Europe service in 2013
  • MANSA s 2nd training programme on shipping logistics concludes
  • MSC launching three new services at
  • Petronet LNG net profit up 8 pc in Q3
  • Essar Ports registers impressive performance in Q3 & nine months
  • Port of Singapore handles 31.6 m TEUs in 2012
  • USTDA representative discusses possible grant with JNPT Chairman
  • Global air cargo security market to surge in 2013: Report
  • Indo-Bangla rail link projects to be expedited
  • Fieo seeks refund of state taxes, creation of Export Development Fund in pre-Budget memorandum
  • India joins worlds largest trade technology platform
  • India pushes for easier norms in trade pact with developed nations

International Transport Journalweb site
JANUARY 17, 2013
  • New railway link in Cambodia
    The China Railway Group and the Cambodia Iron & Steel Mining Industry Group have signed a USD 11.2 billion agreement to build a new railwayline in Cambodia. The new 405 km long...
  • Port of Ilyichevsk increases cargo handling in 2012
    The port of Ilyichevsk (Ukraine) handled 5.37 million t of general cargo, 1.66 million t of liquid bulk and 7.5 million t of dry bulk cargo in 2012, according to Alexander Grygoras...
  • Etihad Cargo opens new China route
    Abu Dhabi (UAE)-based Etihad Cargo is inaugurating a new direct weekly freighter operation from its hub to the southern Chinese city of Guangzhou today (17 Janua...
  • First biogas recovery truck in Sweden
    Sweden's first recovery truck powered by biogas has now gone into service. Svempas, a recovery service business, will mainly use the truck for customers who want to be associated w...
  • Pioneer Railcorp purchases rail line from Maumee & Western Railroad
    USA-based Pioneer Railcorp's wholly owned subsidiary Michigan Southern Railroad Company has purchased the rail line formerly known as the Maumee & Western Railroad Corporation ...
  • Volvo Trucks' US dealer network strengthens support capacity in the Southeast
    Investments by Volvo Trucks dealers throughout the south-eastern USA have resulted in a nearly 21% increase in work capacity in that region since January 2010. During that time, th...
  • Cargolux Airlines International's new board of directors elected
    Cargolux Airlines International (CAI) has made several changes to its board of directors following the State of Luxembourg's acquisition of Qatar Airways' 35% stake in CAI on 31 De...
  • PAL shelves planned Toronto service increase
    Philippine Airlines (PAL) returned to North America's east coast at the end of last November, by starting flights to Toronto (Canada). The carrier, which had intended to boost the ...
  • Japanese carriers ground "Dreamliner" fleet after new incident
    Following the emergency landing of an All Nippon Airlines (ANA)'s domestic flight operated by a Boeing "Dreamliner" on 15 January, both Japanese Boeing clients - ANA and...
  • Grimaldi invests in port of Barcelona
    A ceremony to mark the laying of the foundation stone of the new 63,000 sqm Grimaldi Group terminal was held at the Muelle Costa in the port of Barcelona on 14 January. The Italian...
  • Spedition Kukla opens agency in Berlin
    Spedition Kukla, a Munich (Germany)-based forwarding company that specialises in multimodal traffic, opened a sales agency for sustainable transport solutions on Potsdam Square in ...
  • Rhenus Port Logistics now in Weil am Rhein
    Rhenus Port Logistics GmbH & Co. KG, a member of the German Rhenus Group, recently raised its flag in the inland port of Weil am Rhein (Germany), close to the Swiss border. The...
  • Airland Projects transports railcars from China to Sierra Leone
    Airland Projects A/S, the Danish member of the Worldwide Project Consortium WWPC network, was recently contracted to move 600 iron ore rail wagons from China to Sierra Leone. As th...
  • New manager for Ontime Logistics
    Ontime Logistics Speditions GmbH has selected Mario Geir to head its branch office in Innsbruck (Austria), with immediate effect. From that location, Geir and his team provide air ...
  • Second managing director of Fraport Cargo Services appointed
    Fraport Cargo Services (FCS) appointed Andreas Helfer as its managing director, together with Diana Schöneich, with effect from 1 January 2013. Helfer replaces Winfried Hartmann, w...

Marine Logweb site
JANUARY 17, 2013
  • Deep Sea Supply in Brazil PSV and AHTS joint venture
  • Rolls-Royce appoints new President Naval - Marine
  • New head of Alaska ferry system
  • Pride of America to get exhaust gas scrubbers

World Wide Shipperweb site
JANUARY 17, 2013
  • G6 Alliance members stick with 5-loop service menu
  • FAA grounds Boeing 787s following in-flight battery mishap
  • CSX Corp. taps Glassman as Operations Finance V.P.
  • Port of Vancouver, USA welcomes maiden voyage vessel
  • Mediator reports progress made in Maritime Alliance/ILA labor talks

Lloyd's Listweb site
JANUARY 17, 2013
  • Reefership sector hits back at claims it is a dying industry- Operators do not want to fight for market share with container lines
  • Bank finance shortfall restricts reefership fleet renewal- Specialists must convince lenders that the segment is less overbuilt than bulk
  • Fruit traders reap what they sow- Having grabbed box carriers' low prices firms struggle to find specialist-carrier capacity
  • Erria uses energy to carve out a new niche- Former chemical tanker owner moves into energy shipping consultancy
  • The future of energy shipping: the debate continues- ICAP responds to Lloyd's List
  • Carnival set for $1bn share buyback programme- Arison-led cruise major repurchases stocks listed in London and New York
  • Attack of the shipping zombies- Many companies meet their interest payments but cannot repay the principal
  • Plight of the living dead- Learning how to spot a 'zombie' company is no easy matter
  • BP to pull staff from Algeria after attack on Sahara plant- Move will affect energy giant's North African oil and gas exports
  • Snakes and ladders- Shipowners face uncertain times as energy importers rethink the commodity mix
  • Mozambique mining - can it deliver?- Rio Tinto is not the only mining giant to struggle with a promising emerging market
  • Privately contracted armed guards in west Africa would lead to 'bloodbath'- Corruption makes it hard to trust anyone, says Gulf of Aden Transit Group boss
  • NewLead inks US coal shipping deals- Company shifts from pure ownership into supply contracts and reserve acquisitions
  • Maersk Maya booked amid rise in diesel trade ex-US Gulf- Product tanker experts expect backhaul trade to strengthen
  • Chinese and Indian oil imports growth spurs tanker demand- New Asian refineries boost prospects for fixtures
  • Nordic American cuts dividend to fund expansion- Hansson-led suezmax firm eyes new or secondhand tonnage
  • G6 retains its capacity on the Asia-north Europe trades- Weak season sees alliance opt not to reinstate Loop 3
  • Stay vigilant- Although pirate attacks have fallen, piracy remains largely unchecked
  • S&P awards A- rating to UK P&I's Europe Club- Entity will become a main direct insurer next month
  • Fat-cat furore- Greek moves to tax brokers and average adjusters will be counterproductive
  • Hong Kong's annual box volumes fall for the first time since 2009- Third-busiest port hit by manufacturing dip and competition from south China rivals
  • New box services boost Long Beach throughput- Volumes revive in December but full-year figures fall short
  • China aircraft giant expands shiptrading foothold- AVIC sets up base in Xiamen
  • Brightoil Petroleum warns of loan covenant breach- Updated: Hong Kong-listed fuel supplier and owner flags six-month 'material loss'

Fairplayweb site
JANUARY 17, 2013
  • Chemoil fires 9 workers
    SINGAPORE-listed Chemoil has fired nine people from its bunker trading team, a company official confirmed to Fairplay today
  • ICL agrees to China potash deal
    ISRAEL Chemicals said today it has agreed to transport 3.3M tonnes of potash by ship to China over the next three years
  • Essar Ports grow by 100%
    ESSAR Ports Ltd said today doubled its consolidated net profits year on year to 904M rupees ($16.4M) in the October-December quarter
  • Iranian ship 'flees arrest'
    AN IRANIAN cargo ship arrested in Sri Lanka was reported today to have skipped port and fled
  • EC to help finance LNG bunkering study
    THE EC has agreed to grant €1.1M ($1.46M) to co-finance a €2.3M study into a proposal to build an LNG bunkering station in Dunkirk, IHS World Markets Energy reported today
  • Pearl River ports log 17.8% cargo rise
    CHINA'S Pearl River navigation administration said its ports shipped 530Bn tonnes of cargo in 2012, up by 17.8% year on year
  • Ship arrested after two fishermen hurt
    AN INDIA Coast Guard official told Fairplay that a Japanese box ship was arrested today after a collision injured three fishermen
  • Chinese yards adding offshore abilities
    CHINESE yards eventually will pose serious competition to Singaporean and South Korean rig builders, Marine Money's Singapore Offshore Finance Forum heard today
  • China's grain surge neared 300%
    LARGER price gaps between international and domestic markets drove a surge of nearly 300% in China's grain imports during last year's first 11 months, Beijing said
  • Brightoil expects losses
    HONG KONG-listed Brightoil said it expects to post losses for the 2H12 because of depressed shipping markets and dropping bunker margins
  • Sembcorp lands new cruise refitting deals
    SEMBCORP Marine said today it has landed contracts to refit eight cruise ships for a total S$60M ($49M)
  • Seadrill wins extension worth up to $1.13Bn
    SEADRILL said today it has won a contract extension worth up to $1.13Bn
  • G6 stays course on capacity
    THE G6 Alliance said today it has no plans to reinstate the Asia/Europe service suspended in October 2012
  • Asia/USWC rates gain from cargo rush
    ASIA-US West Coast container rates rose 14% week on week to $2,524 per feu, as the January peak season surcharge took effect before the seasonal pre-Chinese New Year cargo rush
  • Chongqing wins deals
    CHINA'S Chongqing Iron & Steel won contracts to purchase 1.6M tonnes of ship steel from four Chinese builders

The Journal of Commerceweb site
JANUARY 17, 2013
  • Hapag-Lloyd Postpones North America-Asia Rate Hike
    German carrier Hapag-Lloyd has postponed its general rate increase for dry shipments from Canada and the U.S. to East Asia, the Indian subcontinent and the Middle East. The rate hike, which was set to take effect on Jan. 15 and had already been postponed until Feb. 15, will now be postponed...
  • TransContainer's Traffic Rose 5.4 Percent in Fourth Quarter
    Russian intermodal company TransContainer reported its rail container volume in the fourth quarter of 2012 was about 381,400 20-foot-equivalent units, increasing 5.4 percent from about 362,000 TEUs in the same quarter of 2011. The year-over-year rise was mainly due to an increase in import and transit transportation, which jumped 14.0 percent...
  • Slot Shortages Seen Likely on Some Asia Loops
    Ocean shipping slot shortages are likely to develop on some high demand loops from Asia in the run-up to Chinese New Year, according to one leading forwarder executive. Henriette Hallberg Thygesen, CEO of Damco North Asia, said overall cargo moves at the moment are "quite smooth." But she added: "With China's PMI...
  • APL to Implement Trans-Pacific Peak-Season Surcharge
    Singapore-based container carrier APL said it will implement a peak-season surcharge on trades from Asia and the Middle East to the U.S. and Canada, effective March 1. The planned surcharges on shipments bound for ports in the U.S. and the Virgin Islands will be $360 per 20-foot container, $450 per 40-foot...
  • Tulsa Port of Catoosa's 2012 Shipping Volume Set Record
    The Tulsa Port of Catoosa, Okla., reported shipping volume of 2.7 million tons for 2012, beating the previous record of 2.4 million tons set in 1998. The port's cargo reached an all-time high despite lower-than-average shipping totals in December caused by drought and low water conditions on inland river systems. The port's...
  • Cathay Pacific Airways' Cargo Traffic Rises 3.4 Percent
    Hong Kong-based Cathay Pacific Airways reported combined Cathay Pacific and Dragonair cargo volume in December 2012 was 146,897 metric tons, rising 3.4 percent compared with December 2011. The cargo and mail load factor fell by 0.4 percentage points to 67.4 percent in December 2012. Capacity, measured in available cargo-mail metric ton...
  • Joint Inspection Scheme Proposed for Da Chan Bay Terminal One
    China's Shenzhen Customs and Shenzhen Entry-Exit Inspection and Quarantine Bureau met today at Da Chan Bay Terminal One to advance the pilot program for a new joint declaration, inspection and release clearance service. The program reduces the number of required inspections for importers and exporters using Da Chan Bay and thus...
  • Rederi AB TransAtlantic Appoints Hansen Interim CFO
    Swedish shipping company Rederi AB TransAtlantic has appointed Erik Hansen as interim CFO, effective immediately. The CFO position was held by Helene Mellquist since the beginning of 2012, until she was promoted in October 2012 to CEO of industrial shipping. A search for a permanent CFO has been initiated. Hansen has held various...
  • Port of Hueneme Appoints 2013 Commission Leaders
    For 2013, Port of Hueneme's board of commissioners elected commissioners Jason Hodge as president, Mary Anne Rooney as vice president and Jess Herrera as secretary. The board also welcomed Arlene Fraser, who is a first-time commissioner. Hodge succeeds Manuel Lopez, who served as board president in 2012. Hodge also mentioned during his...
  • Truckers Increasingly Gloomy Over Volumes, Rates
    Truckers who were "cautiously optimistic" in 2012 are tilting toward pessimism. For the first time since the first quarter of 2009, more motor carriers expect freight volumes to remain about the same - roughly 45 percent - than think they will increase over the next 12 months, according to Transport Capital Partners. Remember that...
  • Port Everglades Names Stribling Assistant Director of Business Development
    Fred Stribling, Port Everglades' new assistant director of business development. Port Everglades in Florida has hired Fred Stribling as assistant director of business development, according to Steven Cernak, the port's chief executive and director. Stribling will be responsible for the port's marketing efforts. He will report to Michael Vanderbeek, Port Everglades' business...
  • AASHTO's Retiring Horsley Calls for Finance Reforms
    John Horsley, executive director of the American Association of State Highway and Transportation Officials, will retire on Feb. 1, after 14 years leading the organization. During his recent keynote address at the Transportation Research Board's annual chairman's luncheon, Horsley called on Congress to enact additional economic stimulus through transportation investment and...
  • Greece to Tax Tonnage of Foreign-Flag Ships
    Greece will tax merchant ships managed by companies based in the country and sailing under foreign flags to raise revenue to reverse the nation's debt crisis, according to Bloomberg. The government aims to raise 80 million euros (about US$107 million) in 2013 and about $80 million in 2014 by taxing vessels'...
  • Portland Sees Drop in Container Volume, Ship Calls
    Port of Portland, Ore., reported tonnage through the port in 2012 totaled 12.4 million tons, falling 7.7 percent from 13.4 million tons in 2011. The port's total container throughput in 2012 was 183,203 20-foot-equivalent units, down from last year's 198,179 TEUs. Containerized imports totaled 82,095 TEUs and export volume was 101,108 TEUs...
  • IAG Cargo Appointments to Expand Global Reach
    IAG Cargo, created from the merger of British Airways World Cargo and Iberia Cargo, has appointed Rodrigo Casal as vice president of Latin America and Tony Snell as regional commercial manager of the Middle East and Africa, in order to drive growth in those markets. Casal will be responsible for continuing...
  • Mediator Cites 'Progress' in ILA-USMX Talks
    A federal mediator said three days of bargaining on an East and Gulf Coast dockworker contract yielded progress and that the International Longshoremen's Association and employers have agreed to continue negotiations. The ILA and United States Maritime Alliance "made progress and have agreed that the negotiations will continue under our auspices,"...
  • G6 Alliance to Maintain Five Asia-Europe Loops
    The G6 Alliance today announced that it will maintain the current five-loop product structure for its Asia-North Europe service in 2013. "We anticipate the current supply and demand balance will continue and we will not be reinstating the Loop 3 Asia-Europe service," said members of the alliance in a joint statement....
  • FMC'S Lidinsky to Push Export Rate Index in Spring
    Federal Maritime Commissioner Richard Lidinsky spoke with The Journal of Commerce this week on the issues facing the agency in 2013, including a renewed push for an agriculture export index. The following is an edited transcript of the interview. JOC: Following the release of the divided FMC report on Canadian cargo...
  • Developing Countries: Trans-Atlantic's New Blood
    When does a market go from mature to emerging? In the case of the trans-Atlantic ocean trade, it happens when shippers and manufacturers recognize the benefits of sourcing and selling their wares in developing countries such as Russia, Turkey and West Africa. For an ocean trade lane long dependent on two...

Containerisation Internationalweb site
JANUARY 17, 2013
  • Kuester is Schenker's new CFO
    DB Schenker has announced the appointment of Petra Kuester as the new Chief Financial Officer (CFO) of Schenker in the UK, replacing Per Holst-Nielsen who has moved ...
  • G6 conservative view leaves Asia - Europe loop mothballed
    In contrast to liner rival Maersk Line - which has reactivated its Asia - Europe AE-9 loop on the back of a bullish cargo prediction - the members of the G6 Alliance ...
  • Mixed fortunes for San Pedro Bay ports
    The neighbouring San Pedro Bay ports of Los Angeles and Long Beach saw the former's throughput suffer a year-on-year 9.44% decline in December to 588,154 teu, while ...
  • Transpac spot rates climb 14%
    Drewry's Hong Kong - Los Angeles container rate benchmark jumped by 14% in week 3 to $2,524 per FEU - the result of a partially successful January peak season surcharge ...
  • MSC boosts Le Havre feeder links
  • Yang Ming lands record low charter rate for ultra-large newbuildings
    Taiwan's Yang Ming has clinched record low charter rates on a series of 14,000 teu ships to be delivered in 2015, but the market could have even further to fall.South ...

TradeWindsweb site
JANUARY 17, 2013
  • Investors rack up rewards
    While some shipowners have been forced to slash dividends and abandon share buybacks in a bid to free up cash others are doing just the opposite.
  • Mind the gap
    A dividend reduction will help Nordic American Tankers (NAT) free up funds for fleet expansion but it will need to raise a lot more cash to consummate a meaningful coup, according to an analyst at Evercore Partners.
  • Earnings season opens
    Belgian bulker operator Bocimar has been forced to overhaul its chartering strategy in response to a downturn that has pushed some of its peers to the brink of insolvency.
  • Amina flies the coop
    Iranian bulker reported to have escaped arrest in Sri Lanka.
  • Coal coup cometh
    NewLead Holdings of Greece has struck $66m worth of deals to acquire coal reserves in a bid to expand its fledgling commodities business.
  • Mellquist gets help
    Rederi AB TransAtlantic has named a new interim chief financial officer while it continues the search for a permanent executive.
  • "Get back to work!"
    The owner of a bug-infested tug detained in Canada has told his unpaid crew to fix the problem so that the vessel can sail.
  • NAT cuts divi to buy
    Nordic American Tankers has sliced its quarterly dividend in half as it mulls an order for new suezmax tankers, it tells investors today.
  • Seadrill extends West Leo
    John Fredriksen's Seadrill has won a lucrative contract extension for one of its semi-submersible drilling rigs.
  • Polarcus seals charter
    Oslo-listed Polarcus has secured a six-month charter for a seismic survey ship off Liberia.
  • Deutsche's order doubt
    Deutsche Bank has questioned the chances of South Korea's shipbuilding titans hitting their ambitious order targets give the difficult market.
  • Sembawang nets eight
    Sembcorp Marine's Sembawang Shipyard has kicked off 2013 with a fresh batch of cruiseship repair contracts.
  • Ceyhan exports cut
    Azerbaijan's oil exports from the key Turkish terminal of Ceyhan fell 8.7% in 2012, limiting recovery opportunities for tankers.
  • Demo spins new record
    Ship scrapping shot up by one third last year with an increase in all of the major markets, Clarksons says.
  • Ships probed after smash
    Two cargo vessels are being investigated after an Indian fishing boat was sunk by a collision.
  • QE2 to Asia
    The Queen Elizabeth 2 (QE2), one of the most famous cruiseships afloat, is heading to Asia to take up a new role as a floating hotel.
  • Rio Tinto boss toppled
    Tom Albanese has departed as CEO of the world's second largest bulker charterer Rio Tinto by "mutual consent".
  • DESSC in Brazil push
    John Fredriksen's Deep Sea Supply (DESSC) is expanding its footprint in the burgeoning Brazilian offshore market with the creation of a new shipowning venture worth over $850m.
  • Chowgule falls to loss
    Indian bulker owner Chowgule Steamship has posted a loss in the first nine months as revenue dropped.
  • Cape pair fixed
    Chang Myung of South Korea has seen two of its capesize bulkers picked up on period contracts with major charterers.
  • Bahri falls in fourth
    Saudi tanker owner Bahri's fourth quarter profit has been slashed, but its 2012 result has improved.
  • PE rumour sparks Rongsheng
    Rumours of a pending private equity investment sent shares in China Rongsheng on a run today.
  • MHI turns to turbines
    Japan's Mitsubishi Heavy Industries (MHI) has formed a Chinese joint venture to build marine turbines.
  • Hongguan bows out
    China's Baibuting Group has called time on shipbuilding at its Liaoning Hongguan yard.
  • Murmansk to order 10
    Russia's Murmansk Shipping plans to order 10 new vessels through to 2015.
  • Nam Cheong profit boost
    Nam Cheong is expected to report a significant jump in fourth quarter profits, according to Singapore investment house OUB Kay Hian.
  • BP retains top spot
    BP Singapore has retained its number one ranking for the tenth in a row as Singapore's top bunker supplier by volume.

American Shipperweb site
JANUARY 17, 2013
  • FAA grounds 787s
    Due to a safety risk involving lithium batteries installed in Boeing's 787 Dreamliner, the agency has grounded U.S.-registered planes. United is the only American carrier operating the plane.
  • Rail shipper groups call STB rate changes unfair
  • U.S. backs exports for Ghana hospital expansion
  • G6 Alliance to keep just 5 loops in Asia-North Europe
    "The current supply and demand balance will continue and we will not be reinstating the Loop 3 Asia-Europe service," the alliance carriers said. Loop 3 was suspended in October as part of the alliance's "winter program."
  • NEWSFLASH: Federal mediator reports progress in longshore talks
    U.S. Federal Mediation and Conciliation Service Director George H. Cohen said in a statement today that the U.S. Maritime Alliance and the International Longshoremen's Association "made progress" during the past three days of contract negotiations held in Galloway Township, N.J.
  • 2012 container volumes at LA/Long Beach flat
  • Drewry reports spike in eastbound transpacific rates
  • Global piracy down
  • Mixed results for spot road freight volume
  • GT Nexus-TradeCard entity only missing compliance piece
    "First and foremost, they still lack a global trade compliance capability, the third major pillar of GTM. Integration of existing capabilities within the two platforms will be key to achieving an effective system," the Gartner analysts wrote.
  • Cathay volume rises for 4th straight month
  • CMA CGM to cut some sailings during Chinese New Year
  • Before RailAmerica, GWR sees big decreases
  • Modern Terminals signs deal with outsourcing firm WNS
  • Iron ore up, limestone down on Great Lakes
  • Sanchez says Obama administration committed to export goal
    Francisco Sanchez, undersecretary of international trade at the U.S. Commerce Department, said exports were up 34 percent from $1.5 trillion to $2.1 trillion in 2011.
  • Carboard box alternative comes to U.S.
  • Greene becomes TOTE Services president

The Bunker Bulletinweb site
JANUARY 17, 2013
  • Fujairah firm, South Africa soft
    But changes remain in single digits.
  • Bunker prices firming
    Outlook uncertain in Mediterranean.
  • LNG bunkering stop 'missing link' for North Sea ECA
    Dunkirk to be LNG station for ships heading into North European ECA.
  • Russia's largest refiner sees marine fuel output climb
    Increase comes despite attempts by the Russian government to limit fuel oil production.
  • Emulsion-based fuel 'on track' to be in commercial production
    Quadrise 'delighted' by latest test results.
  • Biggest scrubber installation to date
    Green Tech wins four scrubber order.
  • Fuel oil stocks climbing as Chinese demand slumps
    Exports to China plunged by almost 97%.
  • Bunker prices firm in Singapore, Hong Kong
    Bunker prices rose in Singapore and Hong Kong, but fell in Busan and Tokyo.
  • Bunker fuel demand up in Asia
    Higher demand attributed to a drop in bunker prices.
  • New bunker player becomes fully operational
    Endofa is a a physical supplier and bunker trader.
  • FIS aims its derivative trading at tanker owners
    Bunker derivatives trader believes tanker segment is suited to its hedging tool.
  • Reports: Singapore-based Trafigura oil traders resign
    Both traders were not available when contacted at the office.
  • Norwegian harbour to get LNG bunkering system
    Cryonorm Systems will engineer, produce, install and supervise the system's installation.
  • Fuel oil stocks in China up 3.8%
    Stocks' build may be linked to low demand during the Chinese new year period.
  • VLCC earnings increase for the first time this year
    Baltic Exchange Wednesday showed a 0.4% gain in returns for VLCCs, following a 32% plunge in returns during streak of declines.
  • Piracy in Gulf of Guinea still on the rise
    Total of 58 incidents were reported last year, according to IMB report.
  • Aegean scales back West African operations
    Las Palmas now base for West African business.

›››File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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