Maersk sells Its Stakes
Maersk sell off its stake in lifeboat manufacturer Nadiro Maersk at present aims to relieve itself from the non-core businesses activities to support its bottom line. As a result, the company sells its stake...
Fewer Sailings on World’s Busiest Route
Lower growth prospects in China and a sluggish eurozone economy could be the reasons for the reduced volumes of containers on the world’s busiest route. Hence major container shipping lines have been slashing sailings...
[Watch] Cameron’s Dive Into The Deepest Depth
https://www.youtube.com/watch?v=0Og6-oFKoV0&feature=youtu.be
Has anyone seen the deepest spot on earth? James Cameron, deep sea explorer and film maker, piloted the craft to accomplish the goal of reaching the deepest known point on earth, the DeepSea Challenge....
Migrants Rescued Near Libya Coast
The route from Libya to Italy is the busiest waterway for those trying to enter Europe. The recent surge in numbers is because of conflicts and repression in Africa and the Middle East. So,...
ITF Finds Seafarers Being Abused
According to the Maritime Union of Australia, a foreign crew has been denied the access to necessities such as food and also they were forced to work without pay.
The abuse took place in...
Vessel On Fire Off Brazil
Accident Type
: Fire.Location
: Off the coast of Macae, BrazilVessel Name
: Skandi Stolmen, a platform supply vessel.Casualties
: None.On Wednesday, a vessel, Skandi Stolmen, operated by Norskan Offshore, a wholly owned subsidiary of Norway’s DOF, caught...
Smallest Workshop Machines
We bet that none would have seen such small machine shop machines. Click the play button to watch the slides.Did you like it?Why Wait? Just share it with your friends!
RWO Introduces New Sewage Treatment Unit
The portfolio of Bremen-based water treatment manufacturer RWO presents a new sewage treatment plant.CleanSewage Bio is the new family member added to the Bremen-based water treatment manufacturer RWO family. This wastewater treatment plant is...
“Power Ships” – Ships Which Power Up Cities
The project “Power of Friendship” was developed and conducted by the Karadeniz Energy Group for countries of the Middle East, Africa and Asia, aiming to fulfill the urgent electricity needs of all countries in...
Hedging Helps Worst Performing Oil Companies
Some of the worst-performing oil companies in North America are getting more for their crude even after the drop in oil prices. Their proceeds are better than Exxon Mobil Corporation and other giants. But...