NIESR Predicts Slower Global Economic Growth

Growth forecasts for the US and many emerging market economies will be 3%, that is .2% lesser than the May 2015 forecasts.  The eurozone...

Pacific To Atlantic Via Panama

VIDEO: EMBED PLS -  Every year nearly 13,000 to 14,000 ships pass through the Panama Canal.  It approximately takes eight hours for a vessel to pass the...

Tug Boat Struck a Pier Spilling Oil

Accident     :Boat struck a  fuel terminal pier in New JerseyDate            :01.08.2015 (Saturday) at 10 p.m.Oil Spill  ...

Captain Hyldager Quits Inchcape

The report says that Captain Claus Hyldager, Chief Executive of Inchcape Shipping Services (ISS) decided to step down on August 4th without much explanation.Highlights:Captain...

Super Typhoon Soudelor Eyes Taiwan And China

Storm                           :Super TyphoonName                ...

IBIA has a new office in London

The International Bunker Industry Association (IBIA) has moved into its new London office on 1st August 2015. This new office stands at, 50 Liverpool Street,...

Product Tanker On Fire – One killed, Four Injured

China Shipping tanker caught fire and claimed the life of one crew member and injured four others.Date: 3rd August 2015. Location: Dayangshan Island Shanghai. Accident type:...

International Shipping Firms Open Offices In Iran

Eleven international shipping companies intend to set up offices at Shahid Rajaee Port.  This port is the Iran’s largest commercial port having container terminal...

Golden Fruit Devastates Ape’s Habitat

Malaysia and Indonesia produce over 80% of palm oil.  Palm oil as a cooking medium is in high demand, and it is expected to...

Bunker Prices Fall, RMK On Demand

As per the recent data there has been fall in the prices of RMG due to its decreased demand and trend is shifting towards the...