Leaders Working On A New Bailout For Greece

In Brussels, Eurozone leaders are trying hard to thrash out a deal for Greece.  Its reported that a draft compromise has been put to the emergency summit in a bid to agree on terms...

Pacific Green arrested toward unpaid bunker bills

High court Judge Vipul M Pancholi issued seizure order of PACIFIC GREEN, for its unpaid bunker bill dues to the tune of $197,634 along with an interest at 2%, which is to be added. The...

Nintendo’s President Satoru Iwata Passes Away

Satoru Iwata president of Nintendo Co., Ltd passed away on 11th July 2015 due to cancer.Japanese video game maker Nintendo Co., Ltd has announced that its president and a talented programmer Satoru Iwata has...

Nuclear Talks In Iran Heading Towards The Final Phase

The Nuclear talks in Iran has reached the final phase but the agreement is yet to be signed as the finer details of the provisional agreement are still being worked out.  Also, it has...

Somalian Livestock Carrier Sinks: 3000 Animals Die And 2 Crew Members Still Missing

A livestock carrier, believed to be more than 30-years old rerouted from Somalia to UAE sank in rough seas.  A vessel passing nearby was able to rescue 29 of the 31 crew members.  Search...

Mexico Drug Lord Break Out Of A Maximum Security Prison

In a huge embarrassment to the government of President Enrique Pena Nieto, a Mexican drug lord by name Joaquin Guzman, known as El Chapo, escaped the maximum security prison using an elaborate tunnel. Since his...

A Movie In Honour Of Brave US Coast Guards

https://www.youtube.com/watch?v=K5EZA70Yc8o Finest Hours is a movie directed by Craig Gillespie.  The movie is based on a bestselling book written in 2009 by Michael J. Tougias and Casey Sherman.  The movie is slated for worldwide release...

Greece plans to sell key ports of Pireaus and Thessaloniki in a bid to...

In the year 2010 when Greece ran into extreme financial crisis, the  IMF, the European Central Bank and the EU Commission  bailed out Greece by lending $264 billion dollars.  The bailout came with its...

GEORG FORSTER is the largest vessel to be added to CMA CGM’s fleet.

From its base in Marseille, the CMA CGM Group has a diversified fleet of 460 vessels and they serve at 521 ports worldwide.  The company’s latest acquisition to their fleet was christened GEORG FORSTER...

Piracy on the rise in South East Asian seas

A whopping 118% increase in incidents of piracy and armed robbery has been recorded in the past one year. In the first half of 2015, 120 incidents have been reported to have occurred in the...