At least four people, including a nine-year-old child, have died after a speedboat and a tourist…
Category: News
South Korea’s big three lose 5,000 workers
South Korea’s big three shipbuilders have cut their joint workforce by some 3,000 workers during the first…
Sightseeing boat hits three vessels in Boston Harbour
A Boston Harbour Cruises sightseeing boat smashed into three other vessels Saturday afternoon after suffering a…
Ailing shipbuilder DSME posts worse-than-expected loss
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a bigger-than-estimated loss for the…
London Container Terminal welcomes first neo-panamax into Tilbury
The Panama Canal expansion has made its supersized presence felt all the way in the River…
Hanjin Shipping loss widens to $433m in first half
South Korea’s Hanjin Shipping has stayed in the red with a first half loss of KRW473.1bn…
Samsung Heavy reduces loss
One of South Korea’s biggest shipbuilders Samsung Heavy Industries reported a net loss of KRW 212.3…
Cosco Shipping Ports volumes up 3.5% to 8m teu in July, HK port down 11%
Container throughput at China-focussed port operator Cosco Shipping Ports rose 3.5% in July to 8m teu…
Abu Dhabi ports, ADSB team up on Zayed Port project
Port developer and operator Abu Dhabi Ports and its compatriot shipbuilding company Abu Dhabi Ship Building…
Buhari: Nigeria failed to develop automobile industry
President Muhammadu Buhari has lamented that Nigeria failed to develop on automobile initiatives started in Bauchi, Kaduna…
Navy hands over fraudster wanted by ICPC
The Nigerian Navy has handed over a female fraudster to the Independent Corruption Practices and Other…
Nigerian Navy destroys more illegal refineries
The Nigerian Navy has continued its crackdown on the activities of illegal crude oil thieves and…