News

Tanker Demolitions at the Forefront, Although Activity Could Soon Subside

March 30th, 2018|0 Comments

Ship owners are actively looking to offload their older tankers, but with freight rates still below par, decisions have to be made soon and these aren’t helped by the general market sentiment, local conditions and [...]

Sumitomo, Uyeno, Yokohama-Kawasaki port eye STS LNG bunkering in Tokyo Bay

March 30th, 2018|0 Comments

Japan’s Sumitomo Corp, Uyeno Transtech Ltd and Yokohama-Kawasaki International Port Corporation concluded a memorandum to conduct a joint study on ship-to-ship LNG bunkering in Tokyo Bay, Sumitomo Corp said Thursday. “The three companies will jointly [...]

GHG Reduction: The price of zero-emission fuels would dominate the cost of decarbonization of international shipping

March 30th, 2018|0 Comments

International shipping is bound for significant changes in the way it operates in the coming years. With the upcoming IMO MEPC, there’s a flurry of activity going on. Hereby, Hellenic Shipping News offers you the [...]

Hapag-Lloyd sees calmer waters for shipping industry

March 29th, 2018|0 Comments

Demand for shipping is growing and could outpace the supply of new vessels next year, helping to boost profits at Hapag-Lloyd as it also reaps the benefits of a recent merger, the German company said [...]

European trader Vitol stores gasoline aboard ships off Singapore

March 29th, 2018|0 Comments

European trader Vitol is storing gasoline on tankers offshore Singapore, Asia’s biggest oil trading center, for the first time since 2016 amid oversupply and weak demand for the fuel, said four people that participate in [...]

IMO 2020 sulfur cap expected to lead to higher freight rates: SGX event

March 29th, 2018|0 Comments

The International Maritime Organization’s 2020 sulfur cap on fuel oil will result in higher vessel operating costs, which are likely to be passed onto freight rates, according to a Singapore Exchange seminar in London last [...]

Demolition of Tankers Reaches Multi-Year Highs, as More Bulkers Remain in Service

March 29th, 2018|0 Comments

The tanker markets have been seeing elevated levels of removals as weak earnings continue to push returns at or below opex levels in many markets. The number of ships that are on the water and [...]

India’s 2018 bunker sales likely to be steady as GST woes continue: industry sources

March 29th, 2018|0 Comments

India’s bunker sales are expected to remain flat this year after falling by over 30% year on year in 2017, reflecting the impact of the country’s goods and services tax regime, which continues to hurt [...]

2020: Shipbroker Votes in Favor of the Scrubber as the Cheapest Alternative for IMO Compliance

March 29th, 2018|0 Comments

With most ship owners adopting a wait-and-see stance, when it comes to adopting solutions ahead of the 2020 IMO rule on low-sulphur marine fuels’ use, a trend seems to be slowly, but surely emerging. As [...]

OSV YTD Scrapping Rates Increase by 153%

March 28th, 2018|0 Comments

In this current period of downturn, critics of offshore shipowners will say that owners have been guilty of not scrapping older tonnage in order to maintain a young and advanced fleet. Though this is justified, [...]

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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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               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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