Category Archives: Sale & Purchase

How to Buy a Laptop from Online Shop

With the help of internet shopping is now a matter of some clicks from your home computer. One of the benefits of online shopping is that you can quickly compare prices among the vendors to get the best deal. Now … Continue reading

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Ship Models

Ship models are replicas or representations of different types of ships. Generally ship models are built to scale. It is a kind of art work that promises to enhance lifestyles throughout generations. Ship models are marked by prestige, elegance, and … Continue reading

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Points to Consider When Purchasing a Boat

Purchasing a boat could be a very occupying involvement since there are a lot of items to consider. A boat is really a unique property that you’re going to own, since it may cruise you above water. Therefore, give purchasing … Continue reading

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Norway: Maersk Drilling Receives LoI for Newbuild Jack-up Rig

Maersk Drilling has received a Letter of Award from Det norske oljeseskap ASA on behalf of the Draupne license for the ultra harsh environment jack-up rig, XL Enhanced 2, presently under construction in Singapore. The rig will be used for … Continue reading

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Russia to Build Four Diesel Icebreakers

United Shipbuilding Corporation, Federal Agency for Maritime and River Transport (Rosmorrechflot) and the Rosmorport federal unitary enterprise signed a contract to build four diesel icebreakers worth $640 million, RIA Novosti reports. The United Shipbuilding Corporation, Federal Agency for Maritime and … Continue reading

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Economy to deteriorate, say 1,119 economists surveyed in 119 countries

WORLD economic trends, particularly in the Europe, point to a recessionary slide in coming months, according a survey of 1,119 economic specialists from business and academic institutions in 119 countries conducted by the International Chamber of Commerce and Munich’s Institute … Continue reading

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India’s Great Eastern to sell-off old ships to avoid maintenance costs

MUMBAI’s Great Eastern Shipping is to sell off its older ships after the signing of a contract to dispose of it 16-year-old Jag Pratap and the dismantling of seven more to stem losses on rent. MUMBAI’s Great Eastern Shipping is … Continue reading

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Shipping Corporation of India Takes Delivery of AHTS Vessel SCI Pawan

Cochin Shipyard Limited​ delivered a 120T Bollard pull Anchor Handling Tug Supply Vessel (AHTS), “SCI Pawan”, bearing the Hull No. BY-77, to M/s. Shipping Corporation of India​, Mumbai (SCI). This is the first of the new series of 4 Nos … Continue reading

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India: Shipping companies hit hard by high interest rates

Shipping companies have reported a poor second quarter on the back of a drastic fall in charter rates and high interest charges and bunker cost. While leading private players – Great Eastern Shipping Company (GE Shipping) and Mercator Lines, net … Continue reading

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Maersk May Benefit as Overcapacity Hits Rivals

A.P. Moeller-Maersk A/S, owner of the world’s largest container line, is prepared to outlast rivals as the industry faces four years of overcapacity. “We are actually quite well positioned for a longer stretch of tough competition,” Nils Smedegaard Andersen, chief … Continue reading

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