News

Newbuilding Ordering Activity Looking For Added Growth in the Coming Weeks

November 16th, 2017|0 Comments

Activity in newbuilding orders seems to have slowed down a bit, compared to the past few weeks, but deals are still being done. In its latest weekly report, shipbroker Intermodal said that “if there is [...]

International Shipping Industry takes significant action on decarbonization at UNFCCC COP23

November 16th, 2017|0 Comments

A group of international shipping industry leaders have joined forces to drive the decarbonization agenda with a business-focused approach that pushes ahead of regulatory mechanisms at the 23rd session of the Conference of the Parties [...]

China’s Iron Ore import in October down from September according to customs data. Trade flow data however, tell a different story…

November 16th, 2017|0 Comments

China imported 79.5Mt of iron ore in October according to official trade data, down 2% YoY and down 25% from the all-time high in September (on an annualized basis). YTD Iron Ore import totals 897Mt, [...]

Tanker Market Improved During October

November 15th, 2017|0 Comments

In October, tanker spot freight rates for dirty vessels edged up across all classes trading on most major routes ahead of winter season requirements. VLCC spot freight rates achieved the strongest growth compared with the [...]

UK Ship Register signs its first unmanned vessel

November 15th, 2017|0 Comments

The UK Ship Register has signed its first ever unmanned vessel to the flag, showing how it is adapting to the changes of the maritime industry ASV’s C-Worker 7 will be used for work such [...]

Havila Shipping ASA: Capital Increase following debt conversion

November 15th, 2017|0 Comments

Reference is made to the Stock Exchange release on 24.10.17 regarding sale of vessels. The vessels were delivered to new owner on 9th and 10th November. In the release it was informed about expected debt [...]

OSM wins crew management for Lauritzen Kosan’s entire fleet of 26 vessels

November 15th, 2017|0 Comments

Shipmanagement company OSM Maritime Group has been awarded full crew management of Lauritzen Kosan’s entire fleet of advanced liquefied gas tankers. The agreement, covering 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers, will help Lauritzen [...]

Riding the bulk carrier market cycle: rebalancing after a boneshaking journey

November 15th, 2017|0 Comments

A recurring question arises. Is a long-awaited bulk carrier freight market recovery now under way? Over most of the past decade, this sector has been weak, providing only meagre returns for shipowners. But, after a [...]

Tankers: LR1 freight rates in Americas seen rising as arbitrage opens to NE Asia

November 15th, 2017|0 Comments

An open naphtha arbitrage to Asia, combined with lack of available Long Range tanker positions outside the US Gulf, is forcing freight rates from the US Gulf Coast to the Far East up and widening [...]

US Top Buyers of Auction and Bank Sales Vessels in 2017

November 14th, 2017|0 Comments

2017 has seen US Owners tops the list of buyers of distressed tonnage, snapping up vessels sold at bank sales and at auction deals. Asset values reached a 25 year low for bulkers, containers and [...]

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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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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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