ENSCO & Rowan Merge to Make $8.38 bn MODU Fleet

The firms ENSCO and Rowan have completed a merger to develop a total fleet valuing worth USD 8.4 Billion. Ensco claims top spot This acquisition makes Ensco...

Value of Vessels Predicted with Tankers Favoured as an Investment

The online site, VesselsValue has released its analysis of worthwhile investments in the tanker market which provides promising overall investment. As most large crude tankers...

It’s a Pressure-vacuum Valve (P/V Valve)

A valve which keeps the tank over pressure or under pressure within approved, limits. P/V valve provides for the flow of the small volumes...

Japanese Shipbuilding Orders Double

Japan Ship Exporters Association data released recently showed, Japanese shipbuilders first year-on-year rise since May. They received export orders for a total 1.53 million...

Baltic Dry Index is Down to 1,530 Points

On 8 October 2018, the Baltic Dry Index fell to 1,530 points, down 6 points (-0.39%) versus the level of October 5. BDI is a...

Ships Sold for Scrap October 2018

Alang Alsadd Imo 8405050 Loa 56x22m Built 1984 Ahts....Beached 1/10/18 SKS Torrens Imo 9161273 Loa 243x42m Built 1999 Obo Carrier # Levant Suez Imo...

Bulk Report – Week 40

Capesize Despite a week of Asian holidays, it was a surprising start to the week, with rates moving in some key areas, although some moves...

Engineers Working Behind the Scenes on Cargo Vessels from China to Europe

The maritime sea lane between China to Europe is considered as the 'Golden Route' as the trade volume between the countries keeps the route...

Can You Name this Ship Part?

Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here....

[Watch] Ancient Salt Lake in China Turned Pink & Green

A salt lake in the city of Yuncheng, north China’s Shanxi Province, has proven that Mother Nature is an unmatched colorist. The waters...