The Global Crude Reserves – Stocking it Up Underground!
While we have seen an exciting news where India has agreed to store UAE’s crude underground, here is a compilation of global crude reserves as of 2015.THE US:
The country’s Department of Energy’s Strategic Petroleum...
Woman Turns Up At Her Own Funeral
Woman turns up at her own funeral and shocks the husband who paid to kill her
A woman gave her husband the fright of his life by turning up to her own funeral after he...
Gutsy Girl Saves Her Sister From Drowning
A twelve year old girl is in a serious but stable condition after a drowning incident in the Richards Bay area this morning.Netcare 911 spokesperson Chris Botha in a statement said the 12-year-old heroic...
[Watch] Six Sturdy Ships Scuffling In Sea
Let's count down the 6 sturdy ships scuffling in seaAt #6 is RMS Queen Mary 2#5 - Royal Caribbean Oasis Class, Cruise ships: Oasis of the seas & Allure of the seas.#4 -...
Will The ‘Year of Monkey’ Work Fortune To Better The Baltic Index Downtrend?
MFAME has been covering up on this topic monitoring the Baltic index trend and you will be surprised to know that the BDI has reached levels which is alarming.If you are interested to know...
Heading to Brazil? You Could Contract Dengue!
An outbreak of dengue fever – which causes a flu-like illness sometimes complicated by haemorrhages or shock - is currently reported in Paranaguá, Brazil. Members calling at Paranaguá and Antonina should note the information...
P&I Clubs Under Pressure While Cost of Claims Continues to Increase
In its new report, “P&I Clubs under pressure while cost of claims continues to increase,” A.M. Best notes that, historically, this balance has been supported by the use of investment income, not only to...
Truk Lagoon: Biggest Graveyard Of Ships
Truk Lagoon (Chuuk Lagoon) consist of eleven major islands and many smaller islets within a forty mile wide lagoon surrounded by a protective reef. During World War II, the lagoon was host to Japan's...
To Slow Steam Or Not To Slow Steam?
The cost advantage of big containerships’ is reduced due to lower fuel prices.The influence of change in the line’s cost structure of bunker prices resulted in the reduction in number of vessels per loop that...
Hapag-Lloyd – The Watchdog That Detects Explosives Inside Containers
A Watchdog program developed jointly by Hapag-Lloyd’s IT and dangerous goods experts registered considerably more incorrectly declared dangerous goods last year, compared to 2014.The point to be noted is that it has identified 4,314...