News

Havila Shipping ASA: Capital Increase following debt conversion

November 15th, 2017|0 Comments

Reference is made to the Stock Exchange release on 24.10.17 regarding sale of vessels. The vessels were delivered to new owner on 9th and 10th November. In the release it was informed about expected debt [...]

OSM wins crew management for Lauritzen Kosan’s entire fleet of 26 vessels

November 15th, 2017|0 Comments

Shipmanagement company OSM Maritime Group has been awarded full crew management of Lauritzen Kosan’s entire fleet of advanced liquefied gas tankers. The agreement, covering 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers, will help Lauritzen [...]

Riding the bulk carrier market cycle: rebalancing after a boneshaking journey

November 15th, 2017|0 Comments

A recurring question arises. Is a long-awaited bulk carrier freight market recovery now under way? Over most of the past decade, this sector has been weak, providing only meagre returns for shipowners. But, after a [...]

Tankers: LR1 freight rates in Americas seen rising as arbitrage opens to NE Asia

November 15th, 2017|0 Comments

An open naphtha arbitrage to Asia, combined with lack of available Long Range tanker positions outside the US Gulf, is forcing freight rates from the US Gulf Coast to the Far East up and widening [...]

US Top Buyers of Auction and Bank Sales Vessels in 2017

November 14th, 2017|0 Comments

2017 has seen US Owners tops the list of buyers of distressed tonnage, snapping up vessels sold at bank sales and at auction deals. Asset values reached a 25 year low for bulkers, containers and [...]

Fitch: Tanker Shipping Oversupply to Keep Rates Low in 2018

November 14th, 2017|0 Comments

A glut of new vessel deliveries and limited scrapping of older ships means the global tanker market will remain oversupplied in the near term, Fitch Ratings says. This will keep freight rates low and shipping [...]

Singapore Oct marine fuel sales down 8 pct m/m, steady to last year

November 14th, 2017|0 Comments

Singapore’s marine fuel sales fell to a four-month low of 4.005 million tonnes in October, down 7.7 percent from September, but were largely unchanged compared with the same period a year ago, data from the [...]

Asia Fuel Oil-Cash premiums for 380-cst rise on improved deal values

November 14th, 2017|0 Comments

Cash premiums of Asia’s 380-cst high-sulphur fuel oil edged higher on Monday, snapping four straight sessions of declines as deal values in the Singapore window improved, sources said. Meanwhile, in the paper markets, activity was [...]

Suezmax Tanker Oversupply Still Prevalent, But Fortunes Could Soon Change for the Better

November 14th, 2017|0 Comments

The Suezmax tanker market has been suffering for quite a while. However, the negative outlook which has come as a result of tonnage oversupply, could be eradicated in a couple of years’ time, signalling a [...]

Big ship shopping: Which companies are most likely to order more mega-ships, and should they?

November 14th, 2017|0 Comments

One of the most asked questions from Drewry’s container market outlook webinar last month was if we think other carriers will follow CMA CGM and MSC with a further ordering spree for Ultra Large Container [...]

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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