The embattled and suspended Secretary to the Government of the Federation (SGF), David Lawal Babachir Thursday…
Category: News
Russian spy ship sinks in Black Sea after collision
A Russian naval intelligence ship sank off Turkey’s Black Sea coast on Thursday after colliding with…
Dry dock with Norwegian tanker capsizes at Polish shipyard
A floating dry dock housing the Norwegian tanker Hordafor V capsized at the Nauta Shipyard in…
Overloaded cargo ship capsizes in Myanmar
A cargo ship capsized while loading over-weight goods at a port in Yangon on late Wednesday, the…
China revises White List, adds six shipbuilders
Another six shipbuilders are set to enjoy financial support from China in the forthcoming period as…
Singapore ranked first in maritime capitals of the world for third consecutive time
Singapore has clinched the top spot in Menon’s Leading Maritime Capitals of the World Report (Menon…
DSME rebounds with strong profits
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has managed to return to the black in…
HHI posts Q1 profit of $410m
Embattled Hyundai Heavy Industries (HHI), presently undergoing a restructuring, has posted a profit for the first…
Container volumes up 5.7% across DP World’s global ports
DP World Limited handled 16.4mn teu across its global portfolio of container terminals in the first…
World’s top two shipyards signal more orders as earnings improve
The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards…
Customs destroy imported poultry products worth N1.27bn
The Federal Operations Unit (FOU) Zone “C” of Nigeria Customs Service in Owerri said it had…