Samsung Heavy Industries (SHI) has narrowed its second quarter loss compared to a year earlier amid…
Author: Ships & Ports
ClassNK calls for upgraded steel plate tolerance in megaship construction
Japanese classification society ClassNK is claiming a “world-first” breakthrough finding in the required crack arrest toughness…
MOL returns the black in Q1
MOL reported a small profit of JPY1.4bn ($13.6m) after losing $1.51bn in 2015 following JPY179.3bn in…
Ports America to operate Port Tampa Bay terminal until 2046
US stevedore and terminal operating company, Ports America, the current operator of Florida’s Port Tampa Bay…
Nigeria as one of the world’s worst countries
The Fund for Peace, a Washington D.C.-based non-profit, non-governmental research and educational institution, has ranked Nigeria…
Are more offshore companies set to fail after Swiber?
By Marcus Hand from Singapore The dramatic collapse of Singapore offshore company Swiber underscores the parlous…
Infographic: World’s Container Shipping Alliances
The infographic below, published by Oslo-based benchmarking and market intelligence platform for containerized ocean freight Xeneta,…
What is your opinion on the Federal Government’s plan to audit NIMASA and NPA?
If it’s in line with government policies, there is no harm in doing that because we…
The future of print newspaper
By Bolaji Akinola The debate is still raging as to what the future holds for…
Amuwo Odofin residents threaten to set tank farms ablaze
Residents of Ibasa/Ijegun Elba community in Lagos have threatened to set ablaze petroleum depots otherwise known…
Samsung Heavy Industries stock plunge on heavy loss
Samsung Heavy Industries Co., the world’s third-largest shipbuilder, reported a quarterly loss that was bigger than…
Navy blocks escape route of pipeline vandals in Lagos
The Nigerian Navy on Friday said it had successfully blocked all escape routes of the pipeline…