Two former executives from Vinashin Ocean Shipping (Vinashinlines) have been sentenced to death for corruption, while…
Category: News
Damen to sack 150
Damen Shiprepair & Conversion (DSC), part of Dutch Damen Shipyards Group, plans to lay off around 150…
Hyundai Heavy workers stage first all-out strike in 23 years
Unionized workers of South Korean shipbuilding company Hyundai Heavy Industries (HHI) organized a strike on Thursday…
Storm closes Liverpool port
UK port owner and operator Peel Ports was forced to close the Port of Liverpool after…
Spanish dockworkers plan nine days strike
Spanish dock workers have called nine days of strikes to protest government plans to allow ports…
Suez Canal Economic Zone eyes $2bn foreign investment
Suez Canal Economic Zone has spoken to a number of British firms as part of an…
London’s Port of Tilbury presses forward with plans for new terminal
The Port of Tilbury, London’s major port, is pressing forward with its plans to build a…
IMF urges Nigeria to implement ‘coherent and credible’ economic policies -spokesman
The International Monetary Fund (IMF) on Thursday urged Nigeria to step up its economic reform efforts…
Osinbajo inspects toilets, carousel during surprise visit to Lagos airport
Acting President Yemi Osinbajo inspected toilets and carousel during a surprise visit to the Murtala Muhammed…
CBN to sell $230 million in Forex forwards, intervenes on spot market
The Central Bank of Nigeria (CBN) will auction $230 million in forward contracts on the official…