The Managing Director, IronWeaver Ltd., Ada Obua, said that the company would be saving Nigeria $380m…
Author: Ships & Ports
Drewry: Crude tanker market to see recovery in 2020
Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth…
Hyundai Heavy’s $11bn breakup paves way for more deals
The world’s second-largest shipbuilder has split itself into four companies, a move that would facilitate a…
China says Silk Road plan is not tied to presidency
China’s President Xi Jinping initiated the ambitious “Belt and Road” development plan but it has become…
South Korea’s big three return to the scene
South Korean big three shipbuilders, Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding…
ICTSI books higher earnings in first quarter
Manila-based International Container Terminal Services, Inc. (ICTSI) has posted improved results for the first quarter of…
Tanjung Priok port workers plan strike next week
Fresh from handling its largest container vessel recently, Indonesia’s Tanjung Priok is facing the prospect of…
Court orders flogging of gas cylinder thief
A Karmo Grade 1 Area Court, Abuja, on Wednesday ordered that Ibrahim Bala should be given…
Top quotes of the day
“We believe that the set target of exiting PMS importation in 2019 is achievable.” Dr.…
Buhari handed over to me, says Osinbajo
Vice-President Yemi Osinbajo has waded into the controversy spawned by the wording of President Muhammadu Buhari’s…