Steel Industry Bulks News

Container, Cruise Records at Marseilles Fos amid Oil Slump

Total 2013 throughput at Marseilles Fos confirmed containers, steel industry bulks, LNG and cruise traffic as the growth drivers at the French port. In contrast, a mounting decline in crude oil and petroleum volumes pegged overall cargo to 80 million metric tons for the year, down 7% on 2012. Oil and gas still accounts for more than half the cargo handled at one of the world’s biggest oil ports, but volumes have been eroded by the restructuring of Europe’s refinery industry. At just over 46MT, last year’s oil and gas total was 12% and some 5MT lower than in 2012 and 13MT worse than in 2011.