Maersk sells Its Stakes

Maersk sell off its stake in lifeboat manufacturer Nadiro  Maersk at present aims to relieve itself from the non-core businesses activities to support its...

Fewer Sailings on World’s Busiest Route

Lower growth prospects in China and a sluggish eurozone economy could be the reasons for the reduced volumes of containers on the world’s busiest...

[Watch] Cameron’s Dive Into The Deepest Depth

https://www.youtube.com/watch?v=0Og6-oFKoV0&feature=youtu.be Has anyone seen the deepest spot on earth? James Cameron, deep sea explorer and film maker, piloted the craft to accomplish the goal of...

Migrants Rescued Near Libya Coast

The route from Libya to Italy is the busiest waterway for those trying to enter Europe.  The recent surge in numbers is because of...

ITF Finds Seafarers Being Abused

According to the Maritime Union of Australia, a foreign crew has been denied the access to necessities such as food and also they were...

Vessel On Fire Off Brazil

Accident Type : Fire.Location : Off the coast of Macae, BrazilVessel Name : Skandi Stolmen, a platform supply vessel.Casualties : None.On Wednesday, a vessel, Skandi Stolmen, operated by...

Smallest Workshop Machines

We bet that none would have seen such small machine shop machines. Click the play button to watch the slides.Did you like it?Why Wait?...

RWO Introduces New Sewage Treatment Unit

The portfolio of Bremen-based water treatment manufacturer RWO presents a new sewage treatment plant.CleanSewage Bio is the new family member added to the Bremen-based...

“Power Ships” – Ships Which Power Up Cities

The project “Power of Friendship” was developed and conducted by the Karadeniz Energy Group for countries of the Middle East, Africa and Asia, aiming...

Hedging Helps Worst Performing Oil Companies

Some of the worst-performing oil companies in North America are getting more for their crude even after the drop in oil prices.  Their proceeds...