News

Japan’s Dec bonded bunker fuel sales rise 16% on year to 2.54 mil barrels

February 16th, 2018|0 Comments

Japan sold 2.54 million barrels of bonded bunker fuel in December, down 0.1% from November but up 15.8% year on year, according to data released Thursday by the Ministry of Economy, Trade and Industry. Japan’s [...]

Lack of uniform international legal framework will hinder and fragment the adoption of green technology in shipping

February 16th, 2018|0 Comments

Costs hindering implementation of energy management technology Over two thirds (68%) of global marine industry executives believe that a lack of uniform international environmental regulations will impede the adoption of green technologies in shipping, according [...]

Containerization in need of investments

February 15th, 2018|0 Comments

Iran owns 229 container ships, which contributes to 1.1 percent of the global capacity, but containerization is in dire need of attracting investments, Mohammad Rastad, head of Iran’s Ports and Maritime Organization (IPO), stated. Making [...]

Supertankers could change U.S. oil export game

February 15th, 2018|0 Comments

The first oil supertanker, capable of carrying 2 million barrels of crude, was being loaded in Louisiana this week, signalling the next phase in the U.S. transition to becoming a major energy exporter. The tanker, [...]

Demolition Market Could Heat Up For Tanker Units Soon

February 15th, 2018|0 Comments

Things could start to heat up in the ships’ demolition market, as more and more tanker owners are contemplating selling their older units. On the back of this trend, should Pakistan elect to uplift its [...]

Depressed outlook for long-haul routes in chemical shipping market

February 15th, 2018|0 Comments

Chemical shipping freight rates will weaken through 2018 due to the depressed outlook on overtonnaged long haul routes, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. The global [...]

LNG Shipping: Asia’s soaring gas demand opens window for new LNG projects

February 15th, 2018|0 Comments

Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production from East Africa to North America that had [...]

Dry Bulk FFA: Capesize Market On Pause Mode Ahead of the Chinese New Year Holidays

February 15th, 2018|0 Comments

Little has changed in the Capesize index since last week, the higher high would suggest the technical could be firming. However, we remain below the shorter period averages with the stochastic approaching 70 implying more [...]

China Breaks New Ground… Again

February 14th, 2018|0 Comments

Chinese seaborne imports of iron ore, coal and crude oil have all grown strongly throughout 2017. Both seaborne imports of crude oil and iron ore have reached the highest levels ever recorded, while coal reached [...]

Dry Bulk FFA: Panamax Index In Bull Territory

February 14th, 2018|0 Comments

Highlights: The index is now on wave 3 of wave C corrective move and starting to look overextended. The futures all remain in bull territory but in corrective phases. Based on Elliott wave analysis we [...]

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THE BUNKER BOOK XI 

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Price : USD $350 (Including Postage)

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