A total of USD 1.6 billion was spend on second-hand vessels in July 2016, compared to USD…
Author: Ships & Ports
Lawsuits pile up against ailing STX Shipbuilding
South Korea’s financially troubled shipbuilder STX Offshore & Shipbuilding is facing some 25 civil lawsuits amounting to…
Uncertainty over revival of Greek port and shipyard cluster
The future was looking so bright for Greece’s Piraeus cluster at the beginning of July. Xu…
Transocean profits dwindle as customers cut offshore drilling
Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to…
Keppel ‘strongly denies’ report alleging approval of bribery by top execs
Singapore’s Keppel Corp has staunchly defended allegations from a media report that its senior management backed…
ZIM is most reliable carrier in 2nd quarter
Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during the…
Asian bookings of West African crude to slip lower in August
Cargoes of West African crude oil sailing east are on track to fall in August on…
Of legislators and ‘Vagabonds in Power’
By Yinka Adeosun Thirteen years after the enactment of the Lagos State Street Trading and Illegal…
No love lost
Infrastructure funds can be a lifeline for port finance, but the feeling is not reciprocated. Barry…
What should be done to curb the influx of substandard products into the country?
Nigeria has groaned under the burden of influx of fake and substandard products into the country…
Does sinking shipping market mean end for ultra-large newbuild orders?
As ocean carriers reel from a disastrous first half this year, they seem to have lost…
Do you think Customs CG, Hameed Ali has done enough so far to restructure the Service?
As far as I am concerned, I have not seen any impact so far. Everything is…