Latest News

VLCC Fixture from the Middle East on the Decline

November 21st, 2017|0 Comments

Activity in the VLCC Middle East market plunged further over the course of the past week. In its latest weekly report, shipbroker Charles R. Weber said that “rates in the VLCC market were largely range [...]

Ship operating costs stabilise as market recovery lifts pressure

November 21st, 2017|0 Comments

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship [...]

Arrested oil tanker worth $15-million to go on auction in Durban

November 21st, 2017|0 Comments

An oil tanker valued at approximately $15-million, arrested in June 2016 in Durban, will be sold on auction on 05 December. The Korean vessel, built in 2006 and named ‘Pretty Scene’, currently belongs to the [...]

ARA gasoline stocks edge higher; naphtha stocks plunge to nine-month low: PJK

November 21st, 2017|0 Comments

Gasoline stocks in Northwest Europe’s Amsterdam-Rotterdam-Antwerp hub rose by 64,000 mt, or 7%, to a fresh five-month high of 981,000 mt in the week ended November 15, data from PJK International showed. ARA gasoline inventories [...]

RS class: gas carriers “BORIS VILKITSKY” and “FEDOR LITKE” delivered to the customer

November 21st, 2017|0 Comments

The construction of a series of Arctic LNG carriers under the technical supervision of Russian Maritime Register of Shipping (RS) is in progress: in November “BORIS VILKITSKY” and “FEDOR LITKE” gas carriers were delivered to [...]

Container freight market: East Coast North America to UK Continent route increases by $50 to $550/FEU

November 21st, 2017|0 Comments

The S&P Global Platts Container Index fell $17.50 in the week ending November 17 to $913.83 as fundamentals seemed to have won the battle from the previous week as the most head-haul routes dropped $50 [...]

Product Tankers: Far East Market Heating Up

November 20th, 2017|0 Comments

The product tanker market is exhibiting mixed fortunes for ship owners, depending on which part of the world they elect to trade their ships. In its latest weekly report, shipbroker Gibson noted that ‘product tankers [...]

Surfing The Cycle: Watching The Waves Shipping Style

November 20th, 2017|0 Comments

In an industry as volatile as shipping, having the right ship at the right time can bring significant rewards, but the other end of the cycle can be deeply painful. As any surfer knows, to [...]

Expert says geopolitical risks may push bunker prices slightly up

November 20th, 2017|0 Comments

World fuel indexes have turned into downward evolution this week: a sign that it could be a sign of profit-taking after building up huge net-long bets on crude futures. Market backs out of bullish positions, [...]

Tankers: Asia key PG-Japan MR freight soars to 2017 record on tight supply

November 20th, 2017|0 Comments

A spurt in demand for Medium Range tankers and limited resupply of vessels in the Persian Gulf and West Coast India regions pushed freight rates to the highest level this year for shipments to the [...]

Latest Events

Inmex China 2018

December 5 - December 7

INMEX China is the largest and most established international maritime event in the South China Sea region. The 8th edition of the exhibition will feature a greater range of cutting-edge...

Maritime Information Warfare 2017, Copthorne Tara Hotel London

December 6

Maritime Information Warfare will focus on the growing need for navies to develop their information exploitation capabilities. As navies must now achieve strategic superiority in both conventional and asymmetrical conflict...

Mega Cargo Show 2018, Hall No. V, Bombay Exhibition Centre Mumbai

January 23, 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform. As with earlier events, which attracted over 3500 trade visitors, 500 delegates and...

Jan 24 2018 Vietship 2018, Vietnam National Convention Centre Hanoi

January 24, 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology. Since its first event in 2002, Vietship has become the convergence...

Product Store

THE BUNKER BOOK XI 

We have started taking orders for The Bunker Book XI (Hard Copy, Pen Drive & Digital Copy on Mobile Application), which will be out for circulation in the month of Nov-2017. The A4 size directory with more than 290 pages comes along with a unique credit card shape “8 GB Pen Drive” is your one stop source for all the Bunker Suppliers, Traders, Brokers and Oil & Lube companies globally.
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Price : USD $200 (Including Postage)

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               WORLD DIRECTORY OF SHIP SUPPLIERS 

The A4 size directory published in TWO volumes is your one stop guide as it covers entire world of ship suppliers as per their line of business covered in TWO major sections of Marine Equipment Suppliers and Ship Chandlers/ Suppliers providing essential contacts in an alphabetical country wise listing to ensure easy searchable details as per the need.
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Price : USD $249 (Including Postage)

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MATRIX MARITIME DIRECTORY 2017/18

We have started taking orders for our inaugural edition which will be published and circulated from July, 2017. The e-copy (electronic format, PDF file) directory comes in a user friendly/handy pen drive (Credit card shape, 8 GB USB stick) will be published annually in the month of August every year.
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Price : USD $350 (Including Postage)

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