News

Gaspirations: In pursuit of an LNG freight derivatives market

February 5th, 2018|0 Comments

The commoditization of the global LNG market has had implications across several associated industries, ranging from the gas-fired power sector to seaborne gas transportation. Hence, it came as no surprise that the venerable Baltic Exchange, [...]

Baltic Exchange: Capesize rates came under pressure this week

February 5th, 2018|0 Comments

From 1 March 2018 the BDI will be re-weighted to the following ratios of timecharter assessments: 40% capesize, 30% panamax and 30% supramax and will no longer include the handysize timecharter average. For more information [...]

Tanker Freight Rates At Below Operating Expenses Despite Seasonality Factor

February 5th, 2018|0 Comments

Although hardly a surprise, as most market delegates and shipowners were expecting a weak tanker market anyhow, January has proven to be quite the disappointment for tanker owners. Freight rates have fallen at below operating [...]

The Boxship Market In 2017: An Improving Performance

February 3rd, 2018|0 Comments

Following the difficulties of 2016, containership market conditions saw some improvements through 2017, and a number of key box sector indicators performed more strongly last year, alongside cautiously optimistic market sentiment. While there remains a [...]

Malaysia has opportunities to develop maritime economy

February 3rd, 2018|0 Comments

Malaysia has the opportunities to further develop its maritime economy, with the support of numerous shipyards, ports and terminals, in addition to its prime geographic location. Nazery Khalid, Honorary Secretary of the Association of Marine [...]

Baltic index falls 10 pct this week on easing vessel rates

February 3rd, 2018|0 Comments

The Baltic Exchange’s main sea freight index, ended the week over 10 percent lower on Friday, as rates fell across all vessel segments, pushing the index to near 6-month lows. The overall index, which factors [...]

Tight bunker supply in Fujairah narrows spread to Singapore to minus $1/mt

February 3rd, 2018|0 Comments

The Fujairah-Singapore delivered bunker fuel spread narrowed to minus $1/mt from minus $7/mt last Friday, S&P Global Platts data showed. The spread is typically in the range of minus $6-minus $15/mt, and has narrowed this [...]

Global demand prospects are improving, so why is the MPV market yet to see that upturn?

February 3rd, 2018|0 Comments

All the economics suggest that the MPV market should be doing much better than it actually is. Demand growth is steady and significantly higher than fleet supply growth, so why are owners still chasing rates? [...]

LNG Shipping’s Prospects Positive says GasLog after Rates Were 82% Higher on an Annual Basis

February 3rd, 2018|0 Comments

Rates for LNG tankers picked up considerably during the final part of 2017. In the LNG shipping spot market, TFDE headline rates, as reported by Clarksons, rose through the end of the fourth quarter, reaching [...]

West Africa Poised for Pressure

February 2nd, 2018|0 Comments

Suezmax demand outpaced all other sectors in 2017, growing from 2.35 trillion ton-miles to 2.59 trillion ton-miles, about a 9.8% change supported by increased Middle East flows to Europe and long-haul trading from the West [...]

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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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