News

BMT Awarded New Funding for Autonomous Navigation

December 7th, 2017|0 Comments

BMT will take the lead in a new £1.2million research project funded by Innovate UK, the UK’s innovation agency. Collaborating with ASV Global and Deimos Space UK, BMT will seek to address the challenge of [...]

Shell Marine Secures Big Ship Commitment From Cosco Shipping

December 7th, 2017|0 Comments

Shell Marine has recently been awarded China Ocean Shipping (Group) Company’s (COSCO SHIPPING) largest marine lubricants order in 2017. This order will include the full range of marine lubricants and technical services for seven out [...]

Distillate Imports to the US Atlantic – A Boost For Clean Tanker Rates

December 7th, 2017|0 Comments

US Distillate inventory levels on the US Atlantic coast are below their five-year range, and the home heating oil season has started in the key PADD 1A region of New England. Heating oil is used [...]

Istanbul bunker fuel premium to benchmark at six-week high despite moderate demand

December 7th, 2017|0 Comments

The premium of bunker fuel at Istanbul over the regional high sulfur fuel oil benchmark has reached its highest point in six weeks amid a soft HSFO market, sources said. “December is very, very long [...]

ABB launches sequential turbocharging system

December 6th, 2017|0 Comments

Greater flexibility and lower fuel consumption for vessels with two-stroke main propulsion. ABB Turbocharging announces its latest technology development, the Flexible integrated Turbocharging System for Two-Stroke Engines (FiTS2) at Marintec China, December 2017. The new [...]

Cheniere boosts LNG tanker fleet amid Asian demand boom

December 6th, 2017|0 Comments

U.S. liquefied natural gas (LNG) producer Cheniere Energy has expanded its shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth as spot prices LNG-AS hit three-year highs, [...]

Soaring Freight Costs Will Squeeze Traders, Boost Food Prices

December 6th, 2017|0 Comments

It’s getting more expensive to transport commodities around the world, threatening to squeeze profits for global traders and raise food prices. The Baltic Dry Index, a benchmark of shipping rates, surged 73 percent in 2017 [...]

Fitch: Shipping Recovery Remains Elusive Despite Green Shoots

December 6th, 2017|0 Comments

Fitch Ratings’ sector outlook for global shipping remains negative as we do not expect a material improvement in market fundamentals in 2018 due to lingering overcapacity. Both container and bulk show signs of a revival, [...]

Shipowners are Ramping Up Newbuilding Orders as 2018 nears by

December 6th, 2017|0 Comments

Ship owners are contracting newbuilding vessels left and right over the past week, as 2018 and the Holiday Season are just a couple of weeks away. In its latest weekly report, Allied Shipbroking said that [...]

China’s coastal coal freights continued to edge up in week to December 5

December 6th, 2017|0 Comments

Freight rates for shipping coal from northern China’s Qinhuangdao port to the ports of Zhangjiagang, Shanghai and Guangzhou in the east and south continued to edge up in the week to December 5, the operator [...]

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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