World fuel indexes had extremely high volatility on the U.K. referendum’s eve and few days after, followed by a lot of different forecasts, analysis and predictions.  Market agreed that prices would react immediately, but...

Bulker Aground in Lake Superior Watch an amazing video which explains how the expanded Panama Canal reduced nearly 650 million tons of carbon dioxide in last 100 years. For more information, please visit here Disclaimer: This...

The Expansion Program is the largest enhancement project since the Canal’s opening in 1914.  Considered and analyzed for a decade with more than 100 studies, the Expansion provides the world’s shippers, retailers, manufacturers and...

The Royal Navy’s fleet of six £1bn ($1.4bn) destroyers are losing power in the Persian Gulf because the ships’ engines cannot cope with the warm waters of the Gulf, defence chiefs have admitted. The navy...

The newly-enlarged Panama canal is a source of huge national pride for Panamanians, with thousands gathering on the shores of the Cocoli Locks to witness and cheer the occasion of its reopening. The country's identity...

The famous photo depicting the raising of the American flag over Iwo Jima has become an iconic image of World War II, but veteran Leonard Becker said he knows the truth of where the...

Maersk Line’s announcement on sunday is an indication that it would add capacity through the newly enlarged Panama Canal.  This would be made possible by rerouting at least one service with larger vessels through...

On July 2, the Iranian Navy has reportedly prevented a major pirate attack on an Iranian merchant vessel in Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden. Some 115 armed...

275 kilograms of crystal methamphetamine worth hundreds of millions of dollars has been seized. Eight people have been charged. The Drug was found in three shipping containers from China delivered to an industrial...

On July 3, an empty cargo ship ran aground off Lihadonisia, Greece.  Fortunately there were no casualties or pollution reported from the incident. Vessel was enroute from Psachna port, Euboea to Thessaloniki, when it lost...