News

Asia Tankers-VLCC rates could rebound on MidEast cargoes, but gains likely capped

November 18th, 2017|0 Comments

Freight rates for very large crude carriers (VLCCs) could rebound in the coming weeks on cargoes for December loading amid tighter tonnage supply, although gains could be capped because fixture volumes have already peaked, brokers [...]

Hapag-Lloyd sticks to 2017 outlook, outpacing Maersk

November 17th, 2017|0 Comments

German shipping group Hapag-Lloyd kept its outlook for the current year after its nine-month operating profit rose more than tenfold, narrowing the gap on Danish sector-leader A.P. Moller Maersk , which cut its forecast last [...]

Asia Dry Bulk-Capesize rates to hold steady even as cargo activity eases

November 17th, 2017|0 Comments

Freight rates for large capesize dry cargo ships on key Asian routes could remain around current levels next week as activity eases among miners and traders ahead of year-end, brokers said. Uncertainty over Chinese industrial [...]

No delays or exceptions to 2020 cut in sulphur limits for shipping – IMO

November 17th, 2017|0 Comments

Highly anticipated rules slashing the amount of sulphur that ships worldwide can legally burn in their engines will come in force in 2020 with no delays or exceptions, the International Maritime Organization (IMO) said on [...]

Ships Demolition Market in Limbo, as Market Sentiment a Big Unknown

November 17th, 2017|0 Comments

Market sentiment in the ships demolition segment remains a big unknown, as the lack of tonnage is coupled with a general apathy from the side of cash buyers as well. In its latest weekly report, [...]

Maersk: Why shipping must show more ambition to tackle climate change

November 17th, 2017|0 Comments

As world leaders talk climate change solutions at COP23 in Bonn, the maritime industry edges closer to determining shipping’s fair share of reducing carbon emissions. Raising the ambition for global regulation remains crucial to ensure [...]

Slowdown in China’s crude stoking activity to hurt tonnage demand in the crude tanker shipping market in 2018

November 17th, 2017|0 Comments

Crude tanker freight rates are expected to decline further in 2018 following a sharp decline in 2017, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry. Although tonnage supply [...]

ABB sets out electric, digital, connected approach for shipping

November 16th, 2017|0 Comments

With this new approach, ABB focuses on harnessing the full potential of its power, control and automation solutions through a program of digital integration that will bring about a step change in vessel and fleet [...]

Japan’s Sep sales of bonded bunker fuel rise 8% from Aug to 6-month high

November 16th, 2017|0 Comments

Japan’s bonded bunker fuel sales in September rose 8% from August to hit a six-month high of 2.344 million barrels, data released by the Ministry of Economy, Trade and Industry on Wednesday showed. Historical data [...]

Shipping has a role to play in defending globalisation, Guy Platten tells SSBA

November 16th, 2017|0 Comments

Capitalism, globalisation and international collaboration spread prosperity and growth – and shipping has a vital role to play in this process, Guy Platten said in his address to the annual Scottish Shipping Benevolent Association (SSBA) [...]

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.
Read More…

Price : USD $200 (Including Postage)

Buy Now

               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.
Read More…

Price : USD $249 (Including Postage)

Buy Now

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.
Read More…

Price : USD $350 (Including Postage)

Buy Now