Balancing Rocks Indicate History and Strength of Quakes

The riddle of why the balancing rock collection near the San Andreas fault has never been toppled by earthquakes has been solved, claims US scientists. Balancing rocks are not seen within 15km of major faults....

NIESR Predicts Slower Global Economic Growth

Growth forecasts for the US and many emerging market economies will be 3%, that is .2% lesser than the May 2015 forecasts.  The eurozone has only slightly reduced. UK enjoys an unchanged economy at...

Pacific To Atlantic Via Panama

VIDEO: EMBED PLS -  Every year nearly 13,000 to 14,000 ships pass through the Panama Canal.  It approximately takes eight hours for a vessel to pass the canal.  Every ship has to go through a system of...

Tug Boat Struck a Pier Spilling Oil

Accident     :Boat struck a  fuel terminal pier in New JerseyDate            :01.08.2015 (Saturday) at 10 p.m.Oil Spill      :1,000 gallonsSpill Point :Upper New York HarborA tugboat hit...

Captain Hyldager Quits Inchcape

The report says that Captain Claus Hyldager, Chief Executive of Inchcape Shipping Services (ISS) decided to step down on August 4th without much explanation.Highlights:Captain Claus Hyldager was a part of ISS for 20 years   Claus...

Super Typhoon Soudelor Eyes Taiwan And China

Storm                           :Super TyphoonName                            :SoudelorType      ...

IBIA has a new office in London

The International Bunker Industry Association (IBIA) has moved into its new London office on 1st August 2015. This new office stands at, 50 Liverpool Street, London EC2M7PR, which is just around the corner to the...

Product Tanker On Fire – One killed, Four Injured

China Shipping tanker caught fire and claimed the life of one crew member and injured four others.Date: 3rd August 2015. Location: Dayangshan Island Shanghai. Accident type: Fire accident. Vessel Involved: Ye Chi (45,740dwt, built 2009). En route: from...

International Shipping Firms Open Offices In Iran

Eleven international shipping companies intend to set up offices at Shahid Rajaee Port.  This port is the Iran’s largest commercial port having container terminal that plays a significant role in import and export of...

Golden Fruit Devastates Ape’s Habitat

Malaysia and Indonesia produce over 80% of palm oil.  Palm oil as a cooking medium is in high demand, and it is expected to rise by 50% over the next ten years.  Europe thinks...