Facebook enjoys doubled earnings in the fourth quarter of 2015.Mark Zuckerberg, Chief Executive of the market thriving social media Facebook said that 2015 was...

The first in the series of azipod-powered LNG ice-going carriers built for Russia’s Yamal LNG is due to load its first cargo next year.The...

Norwegian billionaire John Fredriksen along with investment bank Arctic Securities has formed a new ship broking firm.  Amidst the tough shipping market, economic slowdown...

  Verhoef Aluminium Freefall Lifeboat type FL75 (70 persons) had a 40 meter droptest which was more than 200 meters away from the platform...

A largest known solar planet, consisting of a large planet that takes nearly a million years to orbit its star, was discovered by the...

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...

Wartsila, a Finnish industrial engine maker, reported its higher quarterly earnings despite a sluggish demand for ship technology.  According to the reports released on...

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...

A cargo ship has been held by Swedish authorities for poor working crew conditions and safetyThe AFP contacted with the Swedish transport authority to...

Gale force weather in the Bay of Biscay caused a cargo ship to list on 26th afternoon.   In a dramatic operation 22 seafarers were...