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So far Matrix Owner has created 166 blog entries.

Shipping: Tracking The Trends In Chinese Exports

Chinese seaborne imports have played a hugely significant role in driving growth in global seaborne trade in recent times, but exports from the country have had an important impact too. While growth in Chinese exports seems to have hit a slight bump in the road this year, since 2010 Chinese exports have expanded by a [...]

By | December 2nd, 2017|News|0 Comments

Malta-Registered Ship To Be Auctioned Off In Kingston

The Malta-registered bulk carrier Trading Fabrizia, which was detained in Jamaican waters just over a year ago and is still sitting in the Kingston Harbour, is to go on the auction block on January 8, 2018 in Kingston. The ship was ‘arrested’ on behalf of Italian outfit Jebmed SRL in its capacity as mortgagee of [...]

By | December 2nd, 2017|News|0 Comments

Asia Tankers-VLCC rates to remain under pressure, U.S. trade to grow

Charter rates for very large crude carriers (VLCCs), which fell below break-even levels on routes from the Middle East this week, are expected to remain under pressure as too many ships chase too few cargoes, brokers said. “This is the worst in terms of earnings sentiment for winter. Wake me up when December ends,” said [...]

By | December 2nd, 2017|News|0 Comments

Distillate Fuel Oil Treatment: Low sulphur solutions, fresh propulsion problems

Distillates, such as Marine Gas Oil (MGO) are arguably the most convenient low sulphur solution for existing ECA bound vessels. As, unlike abatement technologies or LNG power, they require no major up-front investment nor costly modification or retrofitting of the vessel. So what’s the problem? On paper there isn’t one, as just like less expensive [...]

By | December 2nd, 2017|News|0 Comments

Tanker Acquisitions Looking More of a Bargain Compared To Bulkers says Shipbroker

Ship owners looking to invest in today’s market has plenty of options available. The dry bulk market’s rebound has spiced things up, but tankers are also attractive thanks to lower prices. In its latest weekly report, shipbroker Intermodal noted that “in line with most expectations for the end of this month, during the past days [...]

By | December 2nd, 2017|News|0 Comments

Ships’ demolition Market Picks Up

The ships’ demolition market has picked up pace over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week has seen the market take off in all areas in the Indian Sub-continent, providing positive vibes emanating with further increased rates. Pakistan especially has jumped significantly this [...]

By | December 1st, 2017|News|0 Comments

Int’l shipping a major plank of economic programme — Henry

Minister of Transport and Mining, Mike Henry says international shipping is a major plank of the Government’s strategic economic programme, capitalising on potential mega investments associated with the global logistics hub initiative and bolstered by the expanded Panama Canal. He was speaking on day one of the 30th Session of the International Maritime Organization’s (IMO) [...]

By | December 1st, 2017|News|0 Comments

Asia Dry Bulk-Capesize rates to climb higher in a ‘market on fire’

Freight rates for large dry cargo ships on key Asian routes, which hit three-year highs this week, are likely to rise further on a shortage of ships available for immediate charter, brokers said. Rates for 180,000 deadweight tonne (DWT) capesize ships are set to break $10 a tonne from Australia to China in the next [...]

By | December 1st, 2017|News|0 Comments

Bunker suppliers must prepare for the death of fossil fuels in shipping

Marine bunker suppliers should anticipate that there may no longer be significant demand for fossil fuels from shipping within as little as 25 years, if not sooner, and that the sector is now on an inevitable trajectory towards a future of zero CO2 emissions. This was the message that the International Chamber of Shipping (ICS) [...]

By | December 1st, 2017|News|0 Comments

S.Korea’s Pan Ocean wins $1.8 bln deal to ship iron ore for Brazil’s Vale

South Korean shipper Pan Ocean said on Thursday that it had won a 1.98 trillion won ($1.82 billion) contract to transport iron ore over a period of 27 years for Brazilian mining giant Vale . Pan Ocean said in a filing with the Korea Stock Exchange that the contract with Vale involved shipping iron ore [...]

By | December 1st, 2017|News|0 Comments

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