News

Tankers: December Market at a Standstill

January 20th, 2018|0 Comments

Unlike the usual seasonal pattern, in December dirty tanker spot freight rates in general did not show any remarkable gains. Average dirty tanker spot freight rates were almost stable from a month before to stand [...]

Confiscated Ship Fetches US$10m At Jamaican Auction

January 20th, 2018|0 Comments

European shipping interests converged at the Jamaica Conference Centre in Kingston last week for the auction of Malta-registered bulk carrier, Trading Fabrizia, at which a Greek shipper scored the winning bid. The ship had sailed [...]

Tanker With Russian Gas for Boston Makes Mid-Atlantic U-Turn

January 20th, 2018|0 Comments

Three weeks after picking up a controversial cargo in the U.K., a liquefied natural gas tanker made a U-turn one day before it was due to deliver it in Boston. The Gaselys vessel that was [...]

Trans-Atlantic fuel market in January: Ships passing in the night

January 20th, 2018|0 Comments

A cold blast that hit the U.S. East Coast has upended the diesel market, as fully-laden tankers criss-crossed the Atlantic to deliver fuel to both sides of the ocean, and various shippers attempted to take [...]

Bunker fuel broker launches credit service to help buyers with rising fuel bills

January 20th, 2018|0 Comments

A bunker fuel broker has launched a new credit analysis service for buyers to use as they struggle to access the money needed to meet rising fuel costs from tightening emissions requirements. London-based BunkerEx, a [...]

Indian coastal shipping of coal to double to 63MT in 6 years: CRISIL

January 19th, 2018|0 Comments

Coastal transportation of coal is expected to near double to 63 million tonnes per annum (MT) by in six years, Crisil Research said today. “Crisil Research estimates coastal transportation of coal to increase to 63 [...]

FOB Primorsk Urals cargoes at six-week low as Baltic freight rates rise

January 19th, 2018|0 Comments

FOB Primorsk Urals cargoes have dropped to a six-week low versus Dated Brent after a jump in freight rates along the Baltic Sea to UK Continent route, which traders have said could hamper arbitrage opportunities [...]

Global Ship Lease Engages Evercore to Explore Strategic Alternatives

January 19th, 2018|0 Comments

Global Ship Lease, Inc. announced that following the successful refinancing of all of the Company’s indebtedness in October 2017 and with a strengthening market backdrop, its Board of Directors has engaged Evercore to act as [...]

Tankers: Severe US Gulf Coast weather delays tonnage, pressures freight

January 19th, 2018|0 Comments

The suspension of pilot services on US Gulf Coast maritime waterways Tuesday due to icy conditions, high winds and rough seas, has resulted in loading delays and lackluster trading on the Americas tanker markets. All [...]

World’s Second Largest Ship Registry Prepares for Continued Success in 2018

January 19th, 2018|0 Comments

International Registries, Inc. (IRI), which provides administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries, kicked off the new year with its Maritime Services Group strategy meeting, which [...]

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THE BUNKER BOOK XI 

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MATRIX MARITIME DIRECTORY 2017/18

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