News

Iron ore drives bulker rally but spot market could be set for New Year fall

November 28th, 2017|0 Comments

The dry bulk market shrugged off Chinese government-enforced cuts in steel production to post more positive freight rates in October, with average monthly spot and 1 Yr T/C rates higher than any month since 2014 [...]

Freight rates surge on commodity boom

November 27th, 2017|0 Comments

Shipping freight rates are rising on the back of the commodity boom. The Baltic dry bulk, tanker segment, and other freight indices are rising fast for the past few months, following good demand in India, [...]

Platts: Container Box Rates Down This Week

November 27th, 2017|0 Comments

Container box rates tumbled this week on head-haul routes, as the market kept navigating through the slack season. The PBR1 North Asia to UK and North Continent route declined by $150 on the week to [...]

Shipping group CMA CGM powers ahead, founder retires

November 27th, 2017|0 Comments

Shipping company CMA CGM reported another quarterly rise in sales and profit on Friday, helped by improving freight rates after a prolonged sector downturn that sparked large-scale consolidation. French-based CMA CGM, the world’s third-largest container [...]

TOP Ships Inc. Announces Newbuilding Vessel With Time Charter to Oil Major

November 27th, 2017|0 Comments

TOP Ships Inc. (Nasdaq:TOPS), an international ship-owning company (the “Company”), announced today that it has acquired all of the outstanding shares of PCH77 Shipping Company Limited, a Marshall Islands company that owns a new building [...]

Shipowners are counting the cost of new global sulphur emissions legislation

November 27th, 2017|0 Comments

In a little more than two years’ time, shipping will have to shift to low sulphur fuel and although many variables are still to be considered, some certainties are gradually shaping up. In its latest [...]

Southern Europe dirty handysize freight rates near 10-month high on weather, delays

November 27th, 2017|0 Comments

Shipowners in the Mediterranean and Black Sea basins have begun charging higher premiums for voyages due to bad weather and delays in the Turkish Straits. Dirty tanker handysize Black Sea-Mediterranean rates have been trading at [...]

MR Segment Remains Bright Spot in Tanker Market

November 24th, 2017|0 Comments

The Asian MR segment is holding firm in all three key regions (AG/WCI, Singapore and North Asia). Rates in all regions have been creeping up steadily since the start of November as cargo demand outpaced [...]

Meet the Indian captain who lived alone on a ship for a year

November 24th, 2017|0 Comments

For a year, he lived all alone in an oil tanker that had no electricity and minimal food and water. Fighting extreme weather conditions, he survived with just the hope of seeing his parents and [...]

Dry Bulk Market Looking in Good Shape Until the end of 2017

November 24th, 2017|0 Comments

In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a tough couple of weeks for the dry bulk market, with the brakes having been applied by charterers once more and rates [...]

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.
Read More…

Price : USD $200 (Including Postage)

Buy Now

               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.
Read More…

Price : USD $249 (Including Postage)

Buy Now

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.
Read More…

Price : USD $350 (Including Postage)

Buy Now