South Korea’s Hyundai Heavy Industries is being split into four companies, with its non-shipbuilding businesses being…
Category: News
U.S. Judge says ex-presidential yacht can be sold for $0 to foreign investors
A Delaware judge on Monday said the former presidential yacht, U.S.S. Sequoia, can be acquired…
Underwater archaeology expedition uncovers dozens of ancient shipwrecks in Black Sea
When an international team of scientists set out on an expedition to map submerged ancient landscapes…
K Line hit with criminal cartel charges in Australia
Japan-based shipping company Kawasaki Kisen Kaisha (K Line) is facing criminal charges in relation to alleged cartel…
Top 3 shipyards let 3,000 workers go in Q3 amid restructuring
Some 3,000 employees have quit their jobs from South Korea’s top three shipbuilders in the third…
S&P Global: Maersk ratings lowered with negative outlook
The long-term counterparty credit rating of Danish conglomerate A.P. Moller – Maersk has been lowered…
Nigeria Customs Service stinks, should be investigated – Saraki
Senate President Dr. Bukola Saraki has come down hard on the Nigeria Customs Service saying activities…
ECOWAS Parliament seeks end to piracy in Gulf of Guinea
ECOWAS Parliament began a five-day meeting toward implementing the sub-region`s strategy in tackling piracy in Gulf…
Lagos to get its first 13% oil derivation fund in December
The Governor of Lagos State, Akinwunmi Ambode, has said the state expects to get its first…
Customs arrest bullion van with smuggled rice
The Oyo/Osun Area Command of Nigeria Customs Service on Tuesday said it had arrested a Bullion…
Photos: Rivers parade heavy weapons recovered from militants
The Rivers State government has paraded heavy weapons recovered from militants in the state. The arms…
Avengers ‘blow up 3 pipelines’, say doomsday ahead
The Niger Delta Avengers (NDA) says it has blown up three pipelines operated by Agip, Oando…