BP to Pay $18.7bn as settlement for Gulf oil spill
BP has reached an agreement with the US Department of Justice to pay $18.7bn for the oil spill in the Gulf of Mexico in 2010. The environmental disaster was a result of the explosion...
Ferry Capsize Kills 36 in Philippines
A ferry capsized off the Central Philippines killing at least 36 people on board. The ferry set sail from the port of Ormoc with 173 passengers and 16 crew members.
According to Mr. Ray Gozon,...
Filipino seafarer fall overboard a containership
A Filipino seafarer fell overboard a containership in Lyttelton Harbor, New Zealand. Coast Guards, a rescue helicopter and 16 other vessels are involved in search and rescue operation. The 52-year-old seafarer is said to...
Qatar Shipping Industry invests in two LNG Carriers
Qatar Shipping Company, part of Milaha, has invested an undisclosed sum in two LNG carriers to obtain the remaining 60% interests from the French bank Société Générale.
VesselsValue.com has estimated the ships’ value to...
MSC Geneva: the Container Ship Enters Service After Triumphant Widening
A WIDENING PROJECT has been successfully completed by NSB, where MSC Geneva is the first of all three NSB vessels which was converted under the project. This modification is considered be a facelift to...
Anniversary Democracy Rally in Hong Kong
Tens and Thousands of people rallied in Hong Kong to mark the 18th year since Britain handed over the territory to China.On wednesday the protesters gathered at Victoria park holding yellow umbrella putting forth...
Understanding the power structure in the shipping industry
On 90,000 ships, over 900,000 officers work on the Navigation and Engineering side. More than 30,000 technical staff ashore keeps running these 90,000 ships. While the staff ashore may have a good idea of...
Inquest on airline price in US
The US Justice Department is examining on the airline prices and its reason
Big carriers such as American, United and Delta, along with some of the regional airlines, have reworked their operations to recover from...
Outbreak of Ebola in Liberia : a serious crisis
Liberian authorities on Tuesday quarantined an area where the teenager's corpse was found but two more cases have been announced
It was only seven weeks before the country was declared Ebola-free. But the crisis has begun...
Mobil to Recompensate $691,307 for Tauranga Bunker Oil spill
Mobil is paying $691,307 to the Bay of Plenty Regional Council for the cleanup costs of an estimated 1,500 liters of oil spill incident happened in April at Tauranga Harbor. The oil has leaked...