“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 a "great year for Facebook. Our community continued to grow...
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 172,000 mᶾ carrier known as Hull 2418 is the first...
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 and surfeit of vessels where dry bulk commodities, are struggling...
[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 and dropped within 45 seconds without the propulsion of engine.Check...
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 Astronomers.The planet is known as the 2MASS J2126-8140 was discovered...
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 Kong.This tanker is wholly owned by Stena Bulk and was...
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 Wednesday, it forecasted improved margins this year, hoping growth in...
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 provisionally chartered the VLCC. A VLCC can carry roughly 2...
Ship Held for Denying Medical Help to Sick Seafarer
A cargo ship has been held by Swedish authorities for poor working crew conditions and safetyThe AFP contacted with the Swedish transport authority to learn about the shipment but the officials didn’t say anything...
22 Crew Saved From a Listing Merchant Vessel
Gale force weather in the Bay of Biscay caused a cargo ship to list on 26th afternoon.
In a dramatic operation 22 seafarers were rescued from the merchant vessel by the UK Coastguard.It is...