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So far Matrix Owner has created 251 blog entries.

DNV GL launches alternative fuels white paper

“The incoming International Maritime Organization (IMO) sulphur cap on emissions from shipping could have a significant effect on the maritime industry, and it has the potential to be a game changer for alternative fuels,” says Trond Hodne, Senior Vice President, Sales & Marketing Director at DNV GL – Maritime. “Our new white paper is designed [...]

By | April 18th, 2018|News|0 Comments

Chinese impacts to the Crude Tanker market; not just a story for VLCCs

The chart below shows the sources of seaborne tanker shipments on Aframaxes, Suezmaxes, and VLCCs into China over the past year. VLCCs predictably made up the largest portion of the cargo volumes due to the cost advantages associated with moving cargoes on the larger ships. The importance of the cargo volumes moving on Aframaxes and [...]

By | April 18th, 2018|News|0 Comments

Japan shipowners to seek alternatives to fossil fuels for IMO 2050 emission target

The Japanese shipping industry will seek alternatives to the fossil fuels used currently to meet the International Maritime Organization’s newly set target to halve greenhouse gas emissions by 2050, according to industry and government officials. The IMO’s Marine Environment Protection Committee adopted a strategy on Friday requiring the shipping industry to reduce its total GHG [...]

By | April 18th, 2018|News|0 Comments

Switch to LNG for shipping fuel not enough to meet strict carbon regulations – analyst

Switching to liquefied natural gas (LNG) to fuel ocean-going vessels may not be enough for shippers to comply with long-term emissions regulations and they will have to find additional ways of reducing emissions, JBC Energy said on Tuesday. The International Maritime Organization (IMO) on Friday reached an agreement to cut carbon dioxide (CO2) emissions by [...]

By | April 18th, 2018|News|0 Comments

Rivertrace launches Smart ESM Wash Water Monitor for Scrubbers

Rivertrace, an ISO9001 Quality-Assured Company and market leader with over 30 years’ experience of water monitoring, launched its innovative SMART ESM monitor at the Sulphur Cap 2020 Conference, Awards and Exhibition being held 17-18 April in Amsterdam, The Netherlands. With the pending sulphur cap regulations in sight, a popular solution for shipowners to ensure compliance [...]

By | April 17th, 2018|News|0 Comments

Smart Tech on Big Display At Posidonia 2018

From fully-automated ports to unmanned smart ships and from far more reliable location - specific weather forecast to cloud gathering and process of ship data, the future of the shipping industry will be on a prolific display at this year’s edition of the world’s most prestigious shipping exhibition, to be held at Athens Metropolitan Expo [...]

By | April 17th, 2018|News|0 Comments

Dry Bulk Prices Up by 18% in March

Despite the fall in activity in the S&P market for dry bulk carriers compared to 2017, prices have continued to edge higher. In a recent monthly analysis, with the occasion of the completion of the first quarter of 2018, shipbroker Golden Destiny highlighted the fact that bulk carriers continued their positive trajectory, marking an 18% [...]

By | April 17th, 2018|News|0 Comments

Vessel carrying coal sinks near Sundarbans

A cargo lighter carrying 775 metric tons of coal has capsized in the Pasur River in the Sundarbans, in the sixth such environmental disaster in the last three-and-a-half years. MV Bilash began sinking after 3am yesterday in the Harbaria Channel near the Mongla River Port. Mongla Port Harbour Master Commander Oli Ullah, said Jashore-bound MV [...]

By | April 17th, 2018|News|0 Comments

U-Freight Strengthens Presence On US West Coast

On the west coast of the USA, U-Freight America is strengthening its presence in the greater Los Angeles area at a wholly-owned logistics hub in the City of Industry. The facility is an 80,000 sq ft hub from which U-Freight America offers fully-integrated logistics services, generated through its air and oceanfreight operations. It is located [...]

By | April 17th, 2018|News|0 Comments

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