New Posts
-
President Xi inspect the Chinese Navy showing the world what real leader do, and why his military respects him:
1) If he is not in military uniform, he will not salute the soldiers back (unlike Trump who never been to military and will salute anybody)
2) Wears the traditional inspector white gloves during naval inspection to see if there are dirt on the ship wherever he touches.
3) Ask technical questions (showing his knowledge) to test the individual on duty
4) Reads a report of readiness in front of the soldiers and praise them if the jobs are done well
5) Thank everybody for defending China -
The commodity trader Noble Group has entered into an agreement with Aeolian Spirit Shipping, a Cyprus company, to dispose a vessel registered in Hong Kong for a consideration of US$23.79 million. Noble said in a press annoucement that its indirect wholly-owned subsidiary…
-
South Korea's Hyundai Merchant Marine (HMM) has selected country’s three major shipbuilder and signed letters of intent (LOIs) with them to build 20 container carriers by mid-2021, reported Yonhap. According to company sources, as quoted by Reuters…
-
DryShips announced that it has entered into agreements with unaffiliated buyers, for the sale of two of its older Panamax drybulk carriers, built in 2002. The diversified owner and operator of ocean going cargo vessels said that the sale took…
-
Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced that it has agreed to sell the Hyundai Hongkong, a 2006-built, 6,800 TEU containership for a total net sale price of $36.0 million to the group company Navios Maritime Containers.
-
Navios Maritime Containers announced that it has agreed to acquire five containerships for a total purchase price of $246.0 million. The Company expects to take delivery of all five vessels in the third quarter of 2018. Based on existing charters and the current rate environment…
-
Canada’s shipbuilding and ship repair company Seaspan Shipyards (Seaspan), joined by representatives from industry and government, celebrated the start of construction on the first Joint Support Ship (JSS) for the Royal Canadian Navy (RCN).
-
While exact figures are hard to come by, preliminary, conservative estimates of fatalities in fishing are now over 32 000 people annually. The UN Food and Agriculture Organization (FAO) says that the number of fishers injured or suffering from work-related illnesses are much higher.
-
As the competitive and economic pressure on the shipping and offshore industries continues to grow, owners, operators and yards are searching for every efficiency. To support its customers, DNV GL has developed the first type approval scheme…
-
Beijing surprised oil markets with threats to levy tariffs on imports of U.S. crude oil, natural gas and other energy products on Friday, just as China has risen to the top of the list of importers of oil from the United States.China responded to $50 billion in tariffs imposed by U.S.
