News

Overseas Shipholding Group Reports Third Quarter Net Loss of $6.3 million

November 10th, 2017|0 Comments

Overseas Shipholding Group, Inc., a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, reported results for the third quarter 2017. Highlights Loss from continuing operations for the [...]

ICS encouraged by EU faith in UN IMO to further reduce shipping’s carbon emissions

November 10th, 2017|0 Comments

Speaking from the UN Climate Change Conference in Bonn, ICS Director of Policy, Simon Bennett, has commented on the provisional decision by the European Union not to include shipping within the full scope of the [...]

Naval Dome And Lloyd’s Register Team Up To Develop Cyber Security Standards For Ships

November 10th, 2017|0 Comments

Israel-based cyber security specialist Naval Dome has signed a Memorandum of Understanding (MoU) with Lloyd’s Register (LR), a leading global provider of engineering and technology-centric professional services. The MoU is aimed at establishing standards and [...]

A better outlook for chemical tankers

November 9th, 2017|0 Comments

Subdued ordering and a narrowing in the tonnage supply-demand gap from late 2018 is expected to support a recovery in the chemical shipping market, according to the latest edition of the Chemical Forecaster, published by [...]

The Return of the Geopolitical Risk Premium

November 9th, 2017|0 Comments

The recent Iraq-Kurdish conflict heralds the return of the geopolitical risk premium in oil prices. While the ongoing rally in crude prices is underpinned by fundamentals such as robust demand growth, ongoing OPEC supply cuts [...]

Volatility is evident in the newbuilding market

November 9th, 2017|0 Comments

Market sentiment maybe in a better place over the course of the past few months, both in the dry bulk and in the wet markets, but newbuilding ordering activity is still showing large spikes week-in [...]

Asia Fuel Oil-Arbitrage window narrows amid steady inflows

November 9th, 2017|0 Comments

The East-West (EW) arbitrage spread of 380-cst fuel oil narrowed on Wednesday amid no shortage of fuel oil inflows into Singapore as well as weaker fuel oil prices in the city-state relative to Rotterdam prices, [...]

Banks Explore Challenges Decarbonisation Poses to Ship Finance

November 9th, 2017|0 Comments

At a Global Maritime Forum roundtable in London yesterday, the Carbon Pricing Leadership Coalition and global NGO Carbon War Room, worked with shipping leads from major global financial institutions to explore the challenges of decarbonisation [...]

Using Artificial Intelligence to Estimate Vessel Speed and Fuel Consumption at Sea: Accurately Estimating Vessel Performance within 1.5%

November 9th, 2017|0 Comments

Mitsui O.S.K. Lines, Ltd. announced that it teamed up with Fujitsu Laboratories Ltd. (CEO: Shigeru Sasaki, Headquarters: Kawasaki-shi, Kanagawa Prefecture), and Tokyo University of Marine Science and Technology (President: Toshio Takeuchi, Main Campus: Koto-ku, Tokyo) [...]

Bureau Veritas to class CMA CGM’s LNG fuelled ultra-large containerships

November 8th, 2017|0 Comments

• The 22,000 TEU ships will be built under BV Classification • Bureau Veritas has provided significant support with feasibility studies to provide project confidence • Award to Bureau Veritas further underlines leadership in gas [...]

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.
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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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