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13 July 2024 - Year XXVIII
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
FMC blocks the entry into force of the Gemini Corporation Agreement between Maersk and Hapag-Lloyd in trades with the USA
Washington
It would become automatically effective on Monday, but the US agency requested more information
In the first half of 2024, the traffic of goods in Russian ports fell by -3.1% percent.
St. Petersburg
Dry goods in decrease of 2.7% and dry bulk of -3.5%
In the port of Klaipeda will begin the construction of a new cruise terminal
Klaipeda
It is expected that the work will depart this year
Inaugurated the new Indian port of transhipment
Inaugurated the new Indian port of transhipment
Thiruvananthapuram
The deep water heater in Vizhinjam is managed by the Adani Ports and Logistics
In the second quarter, acts of piracy against ships, but not violence against seafarers, declined.
In the second quarter, acts of piracy against ships, but not violence against seafarers, declined.
London / Kuala Lumpur
Reported 27 attacks compared to 38 in the April-June period of 2023
Underwriting the agreement for the renewal of the Ccnl of the shipowner industry
Rome
Overall increase to the average parameter (nostrome) of 202 euros
Global Ports Holdings accepts takeover offer of the majority shareholder GIH
London
The proposal includes the delisting of the company
West Sicily's AdSP fagocytes the port of Sciacca in its jurisdiction
Shack
The city administration announces the next signing of the delivery record between the Demanium Marittimo and the AdSP
At Italian Rail Network the management of the last railway mile in the port of Gioia Tauro
Joy Tauro
Signed the act of granting the duration of 15 years
The Parliament of Hamburg has approved in the first reading the agreement for the entry of MSC into the capital of HHLA
Hamburg
71 votes in favour and 34 against
In the first half of 2024 the traffic of goods in Turkish ports increased by 3.2%
Ankara
In the second quarter, volumes with Italy returned to growth after seven quarterly periods of decline.
NovaAlgoma orders what will be the world's largest cementier ship
Lugano
Commissioned at Zhejiang Xinle Shipbuilding, it will have a gross grasp of 38,000 tons
Appeal of the shipping industry for the modification of the Carbon Intensity Indicator
London
Intrinsic flaws-explained six associations-counteract with the common goal of reducing greenhouse gas emissions in the maritime sector
Japan's Oriental Land Co. enters the cruise industry by ordering a ship in Meyer Werft
Japan's Oriental Land Co. enters the cruise industry by ordering a ship in Meyer Werft
Papenburg / Urayasu
It will carry out mini cruises with departure from Tokyo as part of a deal with Disney
CMA CGM-Pasqal agreement to introduce quantum computing technologies in shipping and logistics
The EU Commission has approved aid disbursed from Italy to the Caremar maritime services
Brussels
The in-depth investigation of the companies of the former Tirrenia group ended
Royal Boskalis will acquire the entire control of Smit Lamnalco
Papendrecht
Deal to buy 50% percent of capital from Saudi group Rezayat
Last year, intermodal shipments arriving and departing from Italy have significantly decreased.
Brussels
Recorded reductions of -8.8% and -13.1% respectively
Almost total membership-they stress Filt, Fit and Uilt-at the strike days of port workers
Genoa / Rome
Waiting for a fair response in wage terms and protections
Currently 90% per cent of ship arrivals in the port of Singapore are not scheduled
Singapore
"The effect of the crisis in the Red Sea could be aggravated by the next increase in container volumes," Minister Hon Weng said.
Le Aziende informano
ABB completa l'acquisizione del business di routing meteorologico di DTN per la navigazione
La transazione è stata completata oggi, in seguito a un precedente annuncio di accordo con il gruppo globale di dati e analisi DTN
Port Marghera inaugurated the work of the new container terminal Montesyndial
Port Marghera inaugurated the work of the new container terminal Montesyndial
Venice
Di Blasio : It is one of the most important and expected infrastructure works for veneta portuality and the productive fabric of the Northeast
It expects the reduction of maritime traffic in the Panama Canal
Balboa
In the first five months of 2024, the transits of high-fishing vessels were 3,706 (-30.4%)
Port concessions, Financial Economic Plans will have to be drawn up on the basis of a format drawn up by the ART
The State Council has upheld the appeal of the Co. Na.Te. Co. towards the AdSP of Naples for the missed dredgers
The trend of sensitive traffic growth in the port of Bremen / Bremerhaven continues.
Breed
The hike is towed by the containers
Maersk Supply Service will be acquired by Norwegian DOF Group
Storebø / Kongens Lyngby
Transaction of the value of more than 1.1 billion
Assshipowners have no doubts : LNG is the useful fuel for decarbonisation of shipping
Rome
A catalogue of alternative fuels available in every stopover-Messina highlighted-is not reasonably applicable to Italian ports
The US Federal Maritime Commission puts the HMM under observation
Washington
The South Korean company has been included in the list of "controlled carriers"
Spread 41 million euros to improve competitiveness of Italian ports
Rome
Resources also to make the rail and modal transfer more efficient within the scallots
Maersk withdraws from race to acquire German DB Schenker
Copenhagen
Clerc : identified "areas of challenge in the perspective of an integration"
Provisions on the licence plates of new vehicles are likely to damage the activity of port businesses
Genoa
Assiterminal and ANCIP, do not take into account the issues generated in the context of port operations
The Danish government has set up a working group to ensure that the national shipping industry continues to be a leader
Copenhagen
The ports of Los Angeles and Long Beach invest in order to equip charging stations for electric trucks
Los Angeles
Allocated 25 million as part of the Clean Air Action Plan
Acica rentals two new ro-pax ships that will ship from 2027 on routes between Italy and Greece
Athens
Agreement with Swedish Stena RoRo that includes unit purchase options
The Port of Los Angeles will enhance its capacity in the cruises segment
Los Angeles
Call for proposals for a new terminal and for the renovation of the World Cruise Center
In May, freight traffic in Chinese seaports grew by 3.5%
In May, freight traffic in Chinese seaports grew by 3.5%
Beijing
The only containers increased by 8.2%
Crystal commissions two new high-end and next-generation cruise ships at Fincantieri
Crystal commissions two new high-end and next-generation cruise ships at Fincantieri
Munich / Trieste
The agreement includes an option for a third unit
Gianluca Croce is the new president of Assagents
Genoa
Gianluca Croce is the new president of Assagents
Vice presidents have been named Aldo Negri, Roberto De Marchi, Carolina Villa and Maurizio Gozzi.
Paolo Pessina will be the new president of the Federagents
Rome
Paolo Pessina will be the new president of the Federagents
The witness passage will take place on October 25, when Alessandro Santi will cease his term in office.
The first July will become operational the first version of the Sardinia Port Community System
Cagliari
The new telematics platform was presented today in Cagliari
Houthi allegedly targeted two other MSC container carriers
Portsmouth / Tampa
The ships have regularly continued their journey
Commesse for 63.4 million to Somec in cruise ship segment
St. Vendemian
These are units intended for Regent Seven Seas Cruises, Oceania Cruises and Disney Cruise Line
Marsa Maroc will operate the Container Terminal East of the new port of Nador West Med
Marsa Maroc will operate the Container Terminal East of the new port of Nador West Med
Casablanca
Will have an annual traffic capacity of 3.4 million teu
R-Logitech will come out of Euroports and be replaced by a new private majority shareholder
Kallo
The investment companies PMV and SFPIM have temporarily boosted their shares
Hapag-Lloyd cooperates with ZeroNorth for the energy transition of its fleet
Copenhagen
Digital solution for fuel supply and bunkerage planning
In February, Carnival reported revenue and record number of passengers.
In February, Carnival reported revenue and record number of passengers.
Miami
The crucieristic group predicts that strong growth will continue in 2025
In the first quarter of this year, the traffic of goods in Romanian ports increased by 16.1%
Bucharest
Strong drop in loads from and for Italy
Paolo d' Amico has been confirmed as president of the Italian Naval Register
Genoa
Renewed the mandate for the four-year term 2024-2027
Hamburg Commercial Bank has acquired the portfolio in the NIBC's naval credit segment
Hamburg / L ' Hague
It has a value of 992 million
In the first three months of 2024, container traffic in German ports increased by 5.2%
Wiesbaden
The overall volume of goods decreased by -1.1%
US Secretary to the Navy enthusiastic about the acquisition of Philly Shipyard by Hanwha
US Secretary to the Navy enthusiastic about the acquisition of Philly Shipyard by Hanwha
Washington
He is the first Korean shipbuilder to land on American shores and-he specified-I am sure it will not be the last
ALS Customs Services has acquired the Italian Battaglino Customs Services
Hilden
The Milan firm has 79 employees
Approved the 2023 budget of Interporto Campano
Nola
Confirmed Alfredo Gaetani (President) and Claudio Ricci (Managing Director)
The Danish group SGL buys Brazilian Blu Logistics Brasil
Hvidovre
Agreement to acquire the entire share capital
Saipem, commits for offshore activities in Azerbaijan
Milan
In programme activity in the Azerbaijani waters of the Caspian Sea
99.2% million of Fincantieri's 400 million capital increase subscribed to
Rome
Majority shareholder CDP Equity has subscribed to new shares worth 285.8 million euros.
On July 17, the public assembly in Assiterminal will be held in Rome.
Rome
Messina (Assshipowners) : with the renewal of the Ccnl of the shipowner industry valid responses to the needs of workers
At The Spice Container Terminal start the scallops of the 21,000-teu container ships of OOCL
The Spezia
Inaugurated the Onshore Power Supply plant of the port of Valletta
Floriana / Geneva
Every Wednesday "MSC World Europa" will connect to the electric grid of the stopover
PSA, measures to mitigate congestion in the port of Singapore are having success
Singapore
In recent months, it has increased, among other things, the need to handle containers several times.
Presented the XII National Report on the Economy of the Sea
Rome
The sector generates a direct added value of 64.6 billion euros.
Set up in the construction site of Ancona the construction of the extra-aluminum cruise ship Four Seasons I
Trieste
Fincantieri will deliver it by the end of 2025
Hapag-Lloyd announces preliminary results of first semester
Hamburg
The company believes that the second half of 2024 will be better than previous expectations.
In May the traffic of goods in the port of Ravenna decreased by -3.0%
Ravenna
The month of June is expected to decline by -3.3% percent.
The economic-financial analysis of Fedespedi of containerized shipping companies
Milan
Laying of the keel of the new ultra-luxury megayacht destined for Aman at Sea
Genoa
Ceremony in the construction site of St. George of Nogaro of T. Mariotti
Danaos confirms order in China for five new container ships
Athens
Four will have a capacity of 9,200 teu and one of 8,258 teu
In Barcelona the first container terminal in the Mediterranean with electrified quay
Barcelona
On Friday the inauguration of the Onshore Power Supply plant in Hutchison Ports BEST
The revenue growth of Taiwanese Evergreen and Yang Ming continues
Taipei / Keelung
YML orders 9,100 new containers
Inaugurated in Gioia Tauro the quay that will host the pole of naval reparations
Joy Tauro
Agostinelli : This year the container traffic in port will challenge the four million teu
Chinese group Hengli will build a shipyard on the island of Changxing
Dalian
Investment of the value of 1.3 billion
SFL Corporation renews with Maersk the rental of four container ships
Hamilton
The capacity of ships will be high from 8,700 to 9,500 teu
Prysmian, record of installation of a cable in ultra-deep waters
Milan
Test for installation at -2,150 meters
Germany's Rhenus has acquired 15% percent of France's C Chez Vous
Holzwickede
Is specialized in the delivery of goods weighing more than 30 kilograms
Astilleros Armon delivered the dual-fuel ferry Margarita Salas to Baleària
Dénia
Can be powered to liquefied natural gas
Brothers Cosulich orders two new chemical bunkering tankers
Genoa
They will be taken in delivery in the first semester of 2026
Lineage buys the abruzzese supplier of Eurofrigor refrigerated warehouses
Amsterdam
Manages a refrigerated cell structure of more than 24,000 square meters in Controwar
Fincantieri vara to Ancona the cruise ship Viking Vesta
Los Angeles
In mid-2025 it will be delivered to American Viking
At the end the constructive phase of the port of Porto Torres
Cagliari
Entrusted to a Technical Advisory Panel on the issue of the greatest costs of opera
In China, the keel of the new ro-pax has been laid down. GNV Virgo
Genoa
It will be the first ship of GNV's fleet to be powered by liquefied natural gas
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In Genoa, the World Day of Ausile Navigation
Genoa
On August 22, IALA will assume the legal status of intergovernmental organisation
SFL Corporation orders the construction of five container ships from 16,800 teu
Hamilton
Commits the value of a billion dollars to New Times Shipbuilding
In 2023, Fratelli Cosulich recorded financial performance second only to those records of 2022
Genoa
OMT (Accelleron) acquires the OMC2
Reflights
The Company manufactures high precision fuel injectors for marine, stationary and rail engines
Last year, freight traffic in Dutch ports fell by -7.6% percent.
The Hague
Reduction of volumes in all major merceological compartments
Chantier Naval de Marseille will retrofit two other cruise ships of AIDA Cruises
Rostock
They are part of the class "Sphinx"
Genovese De Wave has acquired Inoxking
Genoa
The Company manufactures steel furniture and refrigeration systems for the maritime industry
The downturn of container traffic in the port of Piraeus continues
Hong Kong
Overall, the volumes handled by the COSCO Shipping Ports network have been increased.
MSC gets 97.71% of the capital of Gram Car Carriers
Oslo
In the coming days the acquisition of the remaining shares
Hapag-Lloyd reiterates its own terminalist division
Hamburg
A Hanseatic Global Terminals make 20 container terminals in 11 nations
ADNOC Logistics & Services orders in Korea 8-10 new liquefied natural gas vessels
Abu Dhabi
They will be built by Samsung Heavy Industries and Hanwha Ocean
Kombiverkehr is alarmed at the reduction of DB Cargo services for intermodal transport
Frankfurt am Main
The company is looking for alternative partners
MSC ready to acquire 15% of ADR in Genoa Airport
Genoa
The shipowner group has submitted a binding proposal to buy
Fincantieri will build a fourth NFS submarine for the Italian Navy Navy
Trieste
Commits of the value of 500 million euros
Four major critical areas in view of the entry into force of the FuelEU Maritime Regulation
Rome
Workshop on the theme of the Young Group of Confitweapon
Technical Varo of the second of the four GNV ro-pax ships under construction in China
Genoa
The "GNV Orion", of 52,000 tons tsl, will be taken over in the summer of 2025
Assshipowners have strengthened their structure
Rome
Insertion into the organic of Simone Parizzi, Mattia Canevari and Cesare Crocini
Japan's MOL acquires 25% of the logistics company Tanzaniana Alistair Group
Tokyo
Port of Ravenna, over four million euros destined for new mediums of less environmental impact
Ravenna
A ban on the replacement of the means currently operating in the quay
Rosetti Marino, new committed for offshore EPC activities worth more than 400 million euros
Ravenna
It envisages the realization of the topside of the gas production platform that will be installed off the coast of Libya
They return to grow the revenues of the FedEx express courier
Memphis
In the coming months, a continuation of the current positive trend is expected.
Assagents analyzes the impact on maritime traffic of the geopolitical crises in place
Genoa
On July 9 Adria Ferries will inaugurate a new ferry line between Italy and Montenegro
Ancona
Biweekly service between the ports of Ancona and Bar
State Railways and Eni continue cooperation in the field of alternative fuels
Rome
Mitsui O.S.K. Lines will have 72% of the capital of Gearbulk
Tokyo
You will acquire an additional 23% held by Halberton Holding (Jebsen family)
The Young Shipowners Group of Confitarma launches the website ItalianSeafarers
Rome
Presented the training opportunities offered by the companies and the ITS foundations
In 2023, passengers on MSC Crusere ships nearly doubled.
Geneva
The Explora Journeys business also started in August.
EQT Infrastructure VI fund buys Constellation Cold Logistics
Stockholm / London
Owns and operates 26 refrigerated warehouses in Western Europe and Scandinavia
UPS sells logistics company Coyote Logistics to RXO for more than a billion dollars
Charlotte / Atlanta
In 2023 the asset ceded generated a turnover of 3.2 billion
CMA CGM restructure services in the Mediterranean
Marseille
Changes to the Euronaf and TMX 2 lines scaling several Italian ports
The only retroport of the port of La Spezia is that of Santo Stefano Magra
The Spezia
Shipping agents and shipping agents and customs officers who say no to the hypothesis of other corridors said.
Warriors (AdSP Livorno) : The TDT terminal must maintain its own merceological vocation
Livorno
We expect Grimaldi to develop plans to promote a real growth of containerized traffickers.
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
On July 17, the public assembly in Assiterminal will be held in Rome.
Rome
Messina (Assshipowners) : with the renewal of the Ccnl of the shipowner industry valid responses to the needs of workers
The assembly of Assagents will be held in Genoa on June 25.
Genoa
Event entitled " Mari inquieti. Routes and conflicts : the incognition of traffickers "
››› Meetings File
PRESS REVIEW
Samsung, HMM clash in US over shipping rates
(The Korea Times)
Houthis Mount Biggest Month of Attacks on Ships This Year
(Bloomberg)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Stefano Messina
Roma, 2 luglio 2024
››› File
Emanuele Grimaldi has been re-elected as president of the International Chamber of Shipping
Emanuele Grimaldi has been re-elected as president of the International Chamber of Shipping
Montreal
Confirmed for another two-year term
Lorenzo Giacobbe is the new president of the Young People's Group of Assagents
Genoa
It will be joined by Vice Presidents Pietro Abbona and Andrea Pompei
The ports of Trieste and Monfalcone are allied with those of Cartagena, Riga and North Sea Port
Trieste
Report on work in liguri ports
Genoa
It was carried out by the Italian Academy of Mercantile Academy
Intermodal transport of prefabricated in concrete from Tuscany to Sardinia
Arezzo
Collaboration between the Baraclit Group, the Logistic Pole of the FS Group and the GMake Group
It continues the growth of containerized transhipment traffic in the ports of Algeciras and Valencia
Algeciras / Valencia
In May in the two shelves the transshipment containers increased by 8.4% and 12.0%
Kombiverkehr, in 2025, will double in Germany the costs of using rail lines for the transport of goods
Frankfurt am Main
Krebs : in the worst case we will stop transport
They rise to 88 the companies associated with Assiterminal
Genoa
Membership of seven new companies
Brothers Cosulich acquired the genovese Slavetti Enzo
Genoa
It operates in the field of production and sales of hardware products for the shipbuilding and nautical industry
Likely sinking of the renaissance Tutor attacked by the Houthis
Portsmouth
Signaled the sighting at sea of debris and hydrocarbon chiaths
EU Council agrees to its position on new regulation on the European Maritime Safety Agency
Brussels
Also adopted the general approach on the regulation on the use of the capacity of the railway infrastructure
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