Thousands of migrants including a new-born baby were rescued from the Mediterranean Sea yesterday. The refugees,…
Author: Ships & Ports
Drewry: Container shipping rates see signs of reversal
Volatility in container shipping freight rates is expected to remain very high as long as over-capacity…
Argentine government toughens stance on Buenos Aires Port transfer
Argentina’s Transport Minister, Guillermo Dietrich, last week seemed to double down on the national administration’s decision…
Hanjin Shipping shares plunge 12% on possible court receivership
With South Korea’s debt-ridden Hanjin Shipping Co. on the verge of entering court receivership, its shares…
Abu Dhabi Ports starts expansion of Khalifa facility
Port developer and operator, Abu Dhabi Ports has unveiled an expansion plan for Khalifa Port, a…
Traditional cargo ship sinks off Oman coast
A traditional Indian cargo ship reportedly ferrying 69 vehicles from Sharjah to war-torn Yemen has sunk…
Claims against Swiber rise to $197m
Claims against bankrupt Singapore offshore player Swiber Holdings have increased to $197m. According to Swiber’s interim…
Bumi Armada widens Q2 loss to $128m
The slowdown in the oil and gas sector continues, with Bumi Armada widening its second quarter…
Hyundai Heavy to build two tankers for Enterprises Shipping
Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt tankers with South…
3 men charged to court for stealing container worth N6.5m in Lagos
Three men, who allegedly stole a container laden with goods worth N6.5 million, were today in…
Thousands of African migrants including new-born baby rescued from Mediterranean sea
Thousands of migrants including a new-born baby have been rescued from the Mediterranean in a matter…
Efotan family, Navy in war of words over killing of 26-year old
The Forward Operational Base of the Nigerian Navy and the Efotan family have disagreed over the…