News

Low orderbook bodes well for Product Tanker Long-Term Prospects

May 5th, 2018|0 Comments

Despite short-term lackluster performance, the existing fundamentals seem to indicate a brighter long-term future ahead for the product tanker market. According to the market outlook released this week by shipowner Capital Product Partners, “product tanker [...]

VPS issues high cloud point alert in Rotterdam marine gasoil deliveries

May 5th, 2018|0 Comments

Fuel testing agency Veritas Petroleum Services issued this week a bunker fuel alert for high cloud point in distillate fuel deliveries in Rotterdam, The Netherlands. Cloud point, which identifies the temperature at which crystals will [...]

International Seaways Repositions Itself Amid Tanker Market Turbulence

May 5th, 2018|0 Comments

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, today reported results for the first quarter 2018. Highlights Net loss [...]

Dorian LPG Ltd. Enters Into Memorandum Of Understanding With Hyundai Global Service Co., Ltd. To Cooperate On Vessel Upgrades

May 5th, 2018|0 Comments

Following a signing ceremony in Houston, Dorian LPG Ltd. announced it has entered into a memorandum of understanding with Hyundai Global Service Co., Ltd (“HGS”) to undertake research and preliminary engineering studies to upgrade the [...]

Ship Financing Just Got Less Complicated

May 4th, 2018|0 Comments

BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual [...]

Cross industry group sets new standard with revised bunker contract

May 4th, 2018|0 Comments

BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum [...]

Volatility Hits The Dry Bulk Market As Capesizes Are Still the Benchmark

May 4th, 2018|0 Comments

The Capesize segment’s benckmark status in the dry bulk market has been magnified over the course of the past couple of weeks. In its latest weekly report, shipbroker Allied Shipbroking said that April was “a [...]

Ship carrying U.S. sorghum to China switches route to South Korea – Eikon data

May 4th, 2018|0 Comments

A vessel carrying 58,503 tonnes of sorghum from the United States switched its destination from China to South Korea early on Thursday, according to Thomson Reuters Eikon ship tracking data. The Peak Pegasus loaded U.S. [...]

“Invoicing and payment processes in global container shipping: ready for disruption?”

May 4th, 2018|0 Comments

The container liner shipping industry carries about 60% of the goods (by value) that are moved internationally by sea. To do so, container shipping lines (carriers) deploy about 5,100 containerships worldwide and provide approximately 400 [...]

Nordic American Tankers Limited To Sell Two Older Tankers As Newbuildings Are About to Join its Fleet

May 4th, 2018|0 Comments

For some time we have considered to adjust the size of the NAT fleet. Yesterday, we went into the tanker sale and purchase market with the view to selling two vessels, adjusting the fleet from [...]

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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