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Maersk Sells Assets in Russia to Exit Completely
Danish Shipping major Maersk has found buyers for its two assets in Russia and they have done deal with IG finance development. Two of its assets one in St. Petersburg and one in Novorossiisk are part of this deal which will make Maersk to completely exit from Russia. Both of them are logistics setups which […]
MOL Orders 4 New LNG Carriers From South Korean Yard
Mitsui O.S.K. Lines (MOL) have said recently that they have ordered 4 LNG Carriers from South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME). Ship are expected to be delivered by the shipyard in 2024. MOL will be signing time charter with NOVATEK Gas & Power Asia Pte. Ltd, which is a Russian Firm. […]
Deadliest Naval Wars In The World Ever
Naval warfare is a conflict in and on the sea, the ocean, or any other major water body. From past 3,000 years, humans are involved in naval battles. With the construction of innovative warships that could independently aim heavy guns external to the hull, the number of battles have increased. Out of all those deadly […]