News

Shipowners are counting the cost of new global sulphur emissions legislation

November 27th, 2017|0 Comments

In a little more than two years’ time, shipping will have to shift to low sulphur fuel and although many variables are still to be considered, some certainties are gradually shaping up. In its latest [...]

Southern Europe dirty handysize freight rates near 10-month high on weather, delays

November 27th, 2017|0 Comments

Shipowners in the Mediterranean and Black Sea basins have begun charging higher premiums for voyages due to bad weather and delays in the Turkish Straits. Dirty tanker handysize Black Sea-Mediterranean rates have been trading at [...]

MR Segment Remains Bright Spot in Tanker Market

November 24th, 2017|0 Comments

The Asian MR segment is holding firm in all three key regions (AG/WCI, Singapore and North Asia). Rates in all regions have been creeping up steadily since the start of November as cargo demand outpaced [...]

Meet the Indian captain who lived alone on a ship for a year

November 24th, 2017|0 Comments

For a year, he lived all alone in an oil tanker that had no electricity and minimal food and water. Fighting extreme weather conditions, he survived with just the hope of seeing his parents and [...]

Dry Bulk Market Looking in Good Shape Until the end of 2017

November 24th, 2017|0 Comments

In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a tough couple of weeks for the dry bulk market, with the brakes having been applied by charterers once more and rates [...]

Asia Dry Bulk-Capesize rates may rise further on more cargo charters

November 24th, 2017|0 Comments

Freight rates for large dry cargo ships on key Asian routes are set to climb further amid tightening vessel supply from increased chartering activity and shipment delays due to unfavourable weather in China, brokers said. [...]

Sinking of offshore supply vessel SCI Ratna spells embarrassment for local shipyards, Govt

November 24th, 2017|0 Comments

The sinking of SCI Ratna, an oil exploration support vessel owned by state-run Shipping Corporation of India Ltd (SCI), 96 nautical miles off the coast of Mumbai on Tuesday, comes as a huge embarrassment to [...]

SCI ship sinks off coast, crew safe

November 23rd, 2017|0 Comments

An offshore supply vessel of the State-run Shipping Corporation of India (SCI) sunk off the Mumbai coast on Tuesday evening. “All the 16 crew members on board SCI Ratna have been rescued,” Director General of [...]

Dry Bulk FFA: Capesize In Bullish Phase

November 23rd, 2017|0 Comments

In a market range, but technically bullish. Upside moves that make fresh market highs will create a bearish divergence and market buyers should remain cautious on bullish breakouts because of this. • Dec – The [...]

Improving hull performance through IoT

November 23rd, 2017|0 Comments

There are many ways to reduce fuel usage and carbon emission. From the conventional way of hull cleaning and propeller polishing, to design modifications and renewable/alternate sources of energy, the industry is constantly evolving to [...]

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THE BUNKER BOOK XI 

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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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