The Wreck Of Umbria In The Red Sea

The Umbria has been described by divers as “the best shipwreck in the world”.  Still very much intact, only her wooden decking has been...

Marpol Alert On Discharge Of Wash Water From Cargo Holds

Marpol has advised Members and clients that port reception facilities for wash water from holds containing cargoes are classified as harmful to the marine...

“Mark” Marks FB Earnings

Facebook enjoys doubled earnings in the fourth quarter of 2015. Mark Zuckerberg, Chief Executive of the market thriving social media Facebook said that 2015 was...

The World’s Most Powerful LNG Carrier

The first in the series of azipod-powered LNG ice-going carriers built for Russia’s Yamal LNG is due to load its first cargo next year. The...

Norwegian Billionaire Bets on Global Shipping Market Recovery

Norwegian billionaire John Fredriksen along with investment bank Arctic Securities has formed a new ship broking firm.  Amidst the tough shipping market, economic slowdown...

[Watch] Droptest Of A FreeFall Lifeboat

  Verhoef Aluminium Freefall Lifeboat type FL75 (70 persons) had a 40 meter droptest which was more than 200 meters away from the platform...

Largest Solar Planet Finds Place In Galaxy

A largest known solar planet, consisting of a large planet that takes nearly a million years to orbit its star, was discovered by the...

Product Tanker Stena Imperative Named

One of the world’s leading tanker shipping company Stena Bulk named its IMOIIMAX MR tanker Stena Imperative mk at China Merchants Wharf in Hong...

Wartsila Growth Is High Despite Slowdown

Wartsila, a Finnish industrial engine maker, reported its higher quarterly earnings despite a sluggish demand for ship technology.  According to the reports released on...

Very Large Crude Carrier to Ship Diesel

Cheap oil boosts diesel supply forcing companies to charter VLCC vessels to cater to slowing demand. French oil major Total and Oil trader Vitol has...