A cargo ship capsized while loading over-weight goods at a port in Yangon on late Wednesday, the…
Category: News
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…
I do not have $1.2bn in any account–Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed says the report that he has 1.2…
Naira dips slightly against dollar
The Naira on Thursday depreciated slightly against the dollar at the parallelmarket.The Nigerian currency lost two points to close at N390…
We’ll send the 2017 budget to Buhari next week for assent – Senate
Senate majority leader, Ahmed Lawan has said President Muhammadu Buhari will get the 2017 budget by next…