News

Hound Point-East VLCC rates at 9-mo high on tight tonnage, arb demand

November 3rd, 2017|0 Comments

The cost of taking 270,000 mt crude oil cargoes from Hound Point, UK, to the Far East on VLCCs rose $300,000 Wednesday to reach a nine-month high of $5.4 million lumpsum, the highest since January [...]

MOL and China COSCO Shipping Jointly Own 4 LNG Carriers for Russia Yamal LNG Project

November 3rd, 2017|0 Comments

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that China COSCO Shipping Corporation Limited will take an equity stake in the MOL wholly owned subsidiary that will own four LNG carriers [...]

The World Wind Energy Association And International Windship Association Unite To Promote Uptake Of Wind Technology In Shipping

November 3rd, 2017|0 Comments

The World Wind Energy Association (WWEA) has today announced a key strategic partnership with the International Windship Association (IWSA) in order to further promote the uptake of wind technology by the global shipping fleet. WWEA [...]

New Managing Director for Glander International Bunkering (Norway) AS

November 2nd, 2017|0 Comments

Glander International Bunkering, a leading marine fuel and lubricant trading firm, promotes Ole Morten Rismyhr to Managing Director of its Norway office. Rismyhr, the former International Sales Manager for the group’s Norwegian division, has been [...]

Dry Bulk Market At Peak Level

November 2nd, 2017|0 Comments

The dry bulk market’s recent corrections seem to be helpful for the latest rally to “sink in” and for the restoration of the market’s balance and a rethinking of the prevailing fundamentals. However, according to [...]

Dry Bulk: Is a greener China good news?

November 2nd, 2017|0 Comments

It probably is for steelmakers around the world. China’s effort to push for improving air quality might turn to be quite beneficial for global steelmakers. Nippon Steel & Sumitomo Metal Corp., the biggest producer in [...]

2020 Shipping Costs On The Back Of A Napkin

November 2nd, 2017|0 Comments

The shipping sector is predicted to spend anywhere from $24 to $60 billion annually starting in 2020 to comply with new sulfur emission restrictions. Jason Silber uses some back-of-the-napkin arithmetic to break down the gigantic [...]

Asia Turns to US to Quench Thirst for Naphtha

November 2nd, 2017|0 Comments

Firm naphtha demand in Asia has drawn more cargoes from the US Gulf Coast in October than recent months. At least 5 tankers (4 LR1s and 1 MR) have been fixed in October to load [...]

Aegean to exit Singapore physical market in 2018

November 2nd, 2017|0 Comments

New York-listed bunker fuel supplier Aegean Marine announced it will cease physical supply operations in Singapore as of January 2018. The company will fulfill all deliveries and contracts that have already been finalized, and will [...]

Genco Shipping & Trading Reports Third Quarter Loss of $31.2 million

November 2nd, 2017|0 Comments

Genco Shipping & Trading Limited reported its financial results for the three and nine months ended September 30, 2017. The following financial review discusses the results for the three and nine months ended September 30, [...]

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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