maritime

AFP/APP Manila: A Philippine-flagged tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila Bay early Thursday morning, authorities reported. The MT Terra Nova was en route to the central city of Iloilo…

AFP London: Eight crew members have died and five are missing after their fishing vessel encountered bad weather near the Falkland Islands, Spanish authorities said late Tuesday. Rescuers recovered eight dead bodies along with 14…

AFP/APP Copenhagen: Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route. Maersk reported a net profit of $177 million in the…

News Desk Lahore: Experts at a seminar on Thursday said Pakistan’s blue economy potential can only be tapped if we capitalize on scientific development, research and marine entrepreneurship. They were speaking during maritime summer…