Hyundai signs deal to take over Daewoo 

South Korea’s shipbuilding group Hyundai Heavy Industries (HHI) has signed a formal deal to proceed with…

Navy foils pirate attack on oil tanker

Iranian naval forces foiled a pirate attack on an Iranian oil tanker in the Bab-el-Mandeb Strait,…

Debt owed by CMA CGM to hit $15bn in 2019 — Alphaliner

Top container carrier, CMA CGM is expected to see its debt surge to USD15 billion in 2019,…

ILO unveils plan to attract young people, women into seafaring 

The International Labour Organization (ILO) has unveiled plan to attract more young persons and women into the…

11 die in Samos Island boat mishap

No fewer than 11 people have been confirmed dead in the water off the Greek island…

U.K. kicks as ICJ orders return of Chagos archipelago to Mauritius 

The International Court of Justice (ICJ) has said that the United Kingdom should hand back to…

CEO of Hyundai Merchant Marine resigns 

The President/CEO of Hyundai Merchant Marine’s (HMM), Chang Keun Yoo, has resigned. Yoo is expected to…

Nigeria shuts borders again for rescheduled polls

Ahead of Nigeria’s rescheduled presidential and parliamentary election scheduled to hold on Saturday, the Federal Government…

Workers of Daewoo Shipbuilding agree on strike to protest takeover by Hyundai

Workers of Daewoo Shipbuilding & Marine Engineering (DSME) on Tuesday agreed to proceed on strike in…

COSCO, Bolloré sign strategic cooperation agreement 

China’s container shipping company Cosco Shipping Lines and French-based transportation group Bolloré Transport & Logistics have signed…

160 repatriated Nigerian migrants from Libya arrive Lagos

The National Emergency Management Agency (NEMA) late Thursday in Lagos received another batch of 160 repatriated…

Customs impounds $900m Pangolin scales in 2018

The Nigeria Customs Service (NCS) has said it impounded 14,833 metric tonnes of Pangolin scales worth…