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South Korea to bail out distressed shipping companies 

South Korea to bail out distressed shipping companies 

South Korea’s state-run company Korea Ocean Business Corp (KOBC) has revealed its intentions to support financially troubled shipping firms and fund eco-friendly...

Hassan Bello

Shippers’ Council to sign MoU with shipping companies

In other to find a feasible way of resolving disputes in the maritime sector, the Nigerian Shippers’ Council (NSC) says it will sign a Memorandum of Understanding...

hackers-expose-130000-u-s-navy-sailors-data

Nigerian hackers target shipping companies, steal thousands of dollars

  Nigerian hackers, grouped as Gold Galleon, are threatening shipping firms and robbing them of thousands of dollars. SecureWorks, a network security firm has...

seized 470 pump action riffles

Shipping companies aiding illegal arms importation into Nigeria, says Customs 

The Comptroller General of Customs, Hammed Ali has accused shipping firms of being responsible for the importation of illegal arms imports and other illicit items into...

cargo ship ocean hope

Greek Shipping companies to pay $2.7m in “magic pipe” pollution case

Two Greek shipping companies have been sentenced to pay corporate penalties totalling $2.7 million in yet another “magic pipe” pollution case in the United States,...