News

Low Orderbook Bodes Well for Future of MR Product Tanker Market says Shipowner

November 4th, 2017|0 Comments

The still historically low orderbook for MR product tankers is boosting the long-term prospects of the product tanker market, said shipowner Capital Product Partners during the past week. According to the company’s market review and [...]

Dry Bulk FFA: Capesize Index is back in bullish territory, and will remain so above USD 20,427

November 4th, 2017|0 Comments

Technically the index is back in bullish territory, and will remain so above USD 20,427. Although price action is the lead indicator there is a note of caution due to the bearish divergence forming with [...]

Prices for dry bulk carriers on the rise

November 3rd, 2017|0 Comments

As more shipowners are piling into the market for secondhand vessels, prices were bound to quickly pick up steam. In its latest weekly report, shipbroker Intermodal said that “as it was expected, the strong dry [...]

LNG Shipping Markets Are Improving says GasLog

November 3rd, 2017|0 Comments

GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, reported its financial results for the quarter ended September 30, 2017. Highlights · Completed the dropdown of the [...]

Oil Traders Set Sights on Seas as Diesel Makes a Comeback

November 3rd, 2017|0 Comments

It was only two years ago that the world’s biggest oil market was awash with diesel and profits from making the fuel cratered. Now the refined product is getting a new lease of life, and [...]

Hound Point-East VLCC rates at 9-mo high on tight tonnage, arb demand

November 3rd, 2017|0 Comments

The cost of taking 270,000 mt crude oil cargoes from Hound Point, UK, to the Far East on VLCCs rose $300,000 Wednesday to reach a nine-month high of $5.4 million lumpsum, the highest since January [...]

MOL and China COSCO Shipping Jointly Own 4 LNG Carriers for Russia Yamal LNG Project

November 3rd, 2017|0 Comments

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that China COSCO Shipping Corporation Limited will take an equity stake in the MOL wholly owned subsidiary that will own four LNG carriers [...]

The World Wind Energy Association And International Windship Association Unite To Promote Uptake Of Wind Technology In Shipping

November 3rd, 2017|0 Comments

The World Wind Energy Association (WWEA) has today announced a key strategic partnership with the International Windship Association (IWSA) in order to further promote the uptake of wind technology by the global shipping fleet. WWEA [...]

New Managing Director for Glander International Bunkering (Norway) AS

November 2nd, 2017|0 Comments

Glander International Bunkering, a leading marine fuel and lubricant trading firm, promotes Ole Morten Rismyhr to Managing Director of its Norway office. Rismyhr, the former International Sales Manager for the group’s Norwegian division, has been [...]

Dry Bulk Market At Peak Level

November 2nd, 2017|0 Comments

The dry bulk market’s recent corrections seem to be helpful for the latest rally to “sink in” and for the restoration of the market’s balance and a rethinking of the prevailing fundamentals. However, according to [...]

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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