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...

  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...

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...

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, 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...

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...

A cargo ship has been held by Swedish authorities for poor working crew conditions and safety The AFP contacted with the Swedish transport authority to learn about the shipment but the officials didn’t say anything...

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...

The vessel had a high-speed diesel generator engine upon which routine overhaul and maintenance was being done by the ship staff.  While boxing up the big end bearing, the thin shell bearing was assembled...

First person to cross the Antarctic continent unaided, dies on the brink of making Antarctic history last Sunday. Henry Worsley, a 55-year-old British ex-army officer died from organ failure after he was evacuated 30 miles...