News

Tanker Acquisitions Looking More of a Bargain Compared To Bulkers says Shipbroker

December 2nd, 2017|0 Comments

Ship owners looking to invest in today’s market has plenty of options available. The dry bulk market’s rebound has spiced things up, but tankers are also attractive thanks to lower prices. In its latest weekly [...]

Ships’ demolition Market Picks Up

December 1st, 2017|0 Comments

The ships’ demolition market has picked up pace over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week has seen the market take off in [...]

Int’l shipping a major plank of economic programme — Henry

December 1st, 2017|0 Comments

Minister of Transport and Mining, Mike Henry says international shipping is a major plank of the Government’s strategic economic programme, capitalising on potential mega investments associated with the global logistics hub initiative and bolstered by [...]

Asia Dry Bulk-Capesize rates to climb higher in a ‘market on fire’

December 1st, 2017|0 Comments

Freight rates for large dry cargo ships on key Asian routes, which hit three-year highs this week, are likely to rise further on a shortage of ships available for immediate charter, brokers said. Rates for [...]

Bunker suppliers must prepare for the death of fossil fuels in shipping

December 1st, 2017|0 Comments

Marine bunker suppliers should anticipate that there may no longer be significant demand for fossil fuels from shipping within as little as 25 years, if not sooner, and that the sector is now on an [...]

S.Korea’s Pan Ocean wins $1.8 bln deal to ship iron ore for Brazil’s Vale

December 1st, 2017|0 Comments

South Korean shipper Pan Ocean said on Thursday that it had won a 1.98 trillion won ($1.82 billion) contract to transport iron ore over a period of 27 years for Brazilian mining giant Vale . [...]

How will shipping revenues be affected by new accounting requirements?

December 1st, 2017|0 Comments

The new accounting standard IFRS 15, Revenue from Contracts with Customers, comes into force from 1 January 2018. Ship owners need to make sure they understand the impact on the timing and nature of the [...]

RIMS BV recognized by ABS and RINA as external specialist for use of drones during surveys

November 30th, 2017|0 Comments

Robotics In Maintenance Strategies BV (RIMS) have received a certificate as a ‘Recognized External Specialist’ from ABS and RINA, for the use of Remote Inspection Techniques (drones) during surveys of enclosed spaces. This follows the [...]

Noble Group to sell four ships to cut debt

November 30th, 2017|0 Comments

Struggling commodity trader Noble Group Ltd said on Wednesday it would sell four dry bulk carrier vessels for about $95 million, as it looks to cut debt to keep its business running. The company logo [...]

Dry Bulk Average Earnings Rise by 63% in 2017

November 30th, 2017|0 Comments

“The stars seem to be aligned in favor of the dry bulk market” one could argue, as the fundamentals seem to be favoring a further rebound in rates. In its latest weekly report, shipbroker Allied [...]

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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