South Korea’s Daewoo Shipbuilding & Marine Engineer is set to get $120 million from Matson’s order…
Author: Ships & Ports
Mombasa port records 1.4% increase in cargo volume
Cargo traffic through Kenya’s biggest port, Mombasa, increased by 1.4 percent in the first half of…
Samsung Heavy receives no orders for a year
Samsung Heavy Industries (SHI), one of Korea’s top three shipyards, has not received any orders for…
U.S. retailers fear for cargo aboard Hanjin ships
The National Retail Federation and the Hardwood Federation have led a coalition of 120 organizations representing retailers,…
China shipbuilders log 18.7% rise in new orders in first eight months
China’s shipyards saw newbuilding orders rise 18.7% year-on-year in the first eight months of this year…
Blackouts, violence, now recession: Nigeria’s troubles mount (1)
(Bloomberg) — On a site four times the size of Manhattan along the banks of the…
NCAA directs airlines to effect prohibition of Samsung Galaxy Note 7 onboard aircraft
The Nigerian Civil Aviaton Authority (NCAA) has directed airlines to ensure strict prohibition of Samsung Galaxy…
Investment cuts threatening oil supply – OPEC
Secretary-General of the Organisation for Petroleum Exporting Countries (OPEC), Mohammed Barkindo, Tuesday warned that sharp cutbacks…
Firm drags Navy before rights commission
A firm known as Lexy Nigeria Ltd has dragged the Nigerian Navy before the National Human…
Custom seizes rice worth N598bn in eight months
The Nigeria Customs Service (NCS) said it seized rice worth N597.7 billion brought into the country…
Militants group mocks Nigerian military, claims responsibility for fresh pipeline attack
A militant group known as the Niger Delta Greenland Justice Mandate (NDGJM) has blown up a…
Osinbajo blames recession on Niger Delta militancy
Vice President Yemi Osinbajo on Monday blamed the current economic recession in the country on the…