Port News

The Port Authority of Singapore has announced fifteen container vessels at the port will receive an additional 10% discount on port dues if they are carrying out cargo works with a port stay of not more than five days. The discount will stay in operation for the next twelve months and is in addition to existing concessions.

Santos

Several vessels carrying chemicals at the terminal have caught fire which is restricting movements at the port. Emergency operations are in place and the terminal has been evacuated.

Port of Matadi  (Deomocratic Reblubic of the Congo) 

 

The International Container Terminal Services is set to open a £700m  new terminal in the the Democratic Republic of Congo in August 2016.
  

Company News 

 

Hapag Lloyd

Hapag Lloyd will introduce  the "Black Sea Mediterranean Express which will be a weekly connection  between ports in Egypt, Isread, Turkey and the Black Sea Ports. The capcity of the4 ships will be 1,700 TEU with a higher than normal refer capacity. 

The first voyage will commence from Damietta on February 16. The port rotation is: Damietta • Port Said (East) • Ashdod • Istanbul (Mardas & Marport) • Novorossiysk • Odessa • Constanta • Istanbul • Izmit • Izmir • Damietta.

COSCO bids £7.6 billion for a major stake in the Port of Piraeus

 

BUNKER FUEL PRICES

 

 

 

 

 

 

 

 

 

 

 

 

 

Examples:

Colombo down to $45.50    Abidjan down to $36.50

Jeddah down to $23.00       Yanbu down to $23.00

Taiwanese state-owned CPC Corp increase prices on Friday by $2