News

Tankers: Americas Aframax freight to steady at w90-w95 after 14% tumble

November 6th, 2017|0 Comments

The cost of carrying crude oil from the Caribbean or the East Coast of Mexico to US Gulf Coast refineries in 70,000 mt Aframax tankers tumbled 14%, as an unusual amount of tonnage opened in [...]

Chinese Crude Imports: Upwards And Outwards

November 4th, 2017|0 Comments

After China overtook the US as the world’s largest seaborne importer of crude oil in 2014, Chinese seaborne crude imports have continued to expand firmly, with imports in 2016 increasing by 16%. Whilst 2017 is [...]

Havila Shipping Posts Reduced Third Quarter Operating Income

November 4th, 2017|0 Comments

Havila Shipping ASA achieved an operating income before depreciation of NOK 39.0 million in Q3 2017, compared with NOK 112.6 million in Q3 2016. Total operating income was NOK 176.7 million in Q3 2017, compared [...]

LNG shipping charter rates rise on firm spot demand, limited availability

November 4th, 2017|0 Comments

Strong demand for LNG spot cargoes amid the limited availability of vessels is pushing up charter rates in both the Asia Pacific and Atlantic regions, providing a boost to the long depressed shipping market, market [...]

Asia Fuel Oil-380-cst premiums rise on higher deal value, crack discount widens

November 4th, 2017|0 Comments

Cash premiums for Asia’s 380-cst high-sulphur fuel oil cargoes rose to a near one-month high on Friday amid higher deal values when compared to the previous session. Bids for 380-cst fuel oil cargoes were higher [...]

Low Orderbook Bodes Well for Future of MR Product Tanker Market says Shipowner

November 4th, 2017|0 Comments

The still historically low orderbook for MR product tankers is boosting the long-term prospects of the product tanker market, said shipowner Capital Product Partners during the past week. According to the company’s market review and [...]

Dry Bulk FFA: Capesize Index is back in bullish territory, and will remain so above USD 20,427

November 4th, 2017|0 Comments

Technically the index is back in bullish territory, and will remain so above USD 20,427. Although price action is the lead indicator there is a note of caution due to the bearish divergence forming with [...]

Prices for dry bulk carriers on the rise

November 3rd, 2017|0 Comments

As more shipowners are piling into the market for secondhand vessels, prices were bound to quickly pick up steam. In its latest weekly report, shipbroker Intermodal said that “as it was expected, the strong dry [...]

LNG Shipping Markets Are Improving says GasLog

November 3rd, 2017|0 Comments

GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, reported its financial results for the quarter ended September 30, 2017. Highlights · Completed the dropdown of the [...]

Oil Traders Set Sights on Seas as Diesel Makes a Comeback

November 3rd, 2017|0 Comments

It was only two years ago that the world’s biggest oil market was awash with diesel and profits from making the fuel cratered. Now the refined product is getting a new lease of life, and [...]

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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