IMF Warns Of Global Financial Crisis and Recession

If policymakers don’t handle market stability risks properly, the world may see a fresh financial crisis that may lead to global recession says the...

Underground Fire threatens St Louis With Radioactive Fallout

Just 1,200 feet across each other, underneath a landfill area in St. Louis, two things lurk that should never meet: a slow-burning fire and...

[Watch] The Interesting Facts of MSC Oscar

https://www.youtube.com/watch?v=fW0_MmEO7o4&feature=youtu.be MSC Oscar is the world’s largest containership.  The christening celebrations took place on 8th January, 2015.  The vessel takes its name from the son...

Intermarine – Six New Ecolifts Added To Develop ‘Fleet of The Future’

Intermarine, LLC Adds Ecolift F900’s To Fleet Of The Future Intermarine’s Fleet of the Future gets six more Ecolift F900 vessels.  Earlier this year, Intermarine kickstarted...

EMP Acquires Patent For Aquarius MRE System

The innovative wind & solar power solution for ships acquires Patent. The Aquarius Marine Renewable Energy (MRE) System or Aquarius MRE is a combined wind...

JAPAN Bids to Build Submarines For Australia

The Japanese consortium bidding for a $35 billion project to build submarines for Australia said that it would be willing to build all of the...

Michelle Obama to Christen “The Illinois”

Michelle Obama, U.S. First Lady, who participated in the initial keel laying of the Illinois in 2014, will be among the top officials to...

Supramax Bulk Carrier Arrested In Singapore

On 2nd October 2015, around 17:45 hrs local time, the 57,000 dwt Supramax bulk carrier Alexandrit was arrested.  The action took place following the lawsuit...

Anti-Heeling System Fault Causes Stena Gothica To List

On 6th October 2015 Tuesday, the Passenger/Ro-Ro Cargo Ship Stena Gothica called on the port of Frederikshavn, Denmark with a severe list to port...

Container Ships Ousted By Widening of The Panama Canal

The expanded Panama Canal will be opened next year.  Currently, 238 container vessels of 4,000-5,100 teu are using the Panama Canal.  But, from next...