Samsung Heavy Industries (SHI) has narrowed its second quarter loss compared to a year earlier amid…
Category: News
ClassNK calls for upgraded steel plate tolerance in megaship construction
Japanese classification society ClassNK is claiming a “world-first” breakthrough finding in the required crack arrest toughness…
MOL returns the black in Q1
MOL reported a small profit of JPY1.4bn ($13.6m) after losing $1.51bn in 2015 following JPY179.3bn in…
Ports America to operate Port Tampa Bay terminal until 2046
US stevedore and terminal operating company, Ports America, the current operator of Florida’s Port Tampa Bay…
Infographic: World’s Container Shipping Alliances
The infographic below, published by Oslo-based benchmarking and market intelligence platform for containerized ocean freight Xeneta,…
Amuwo Odofin residents threaten to set tank farms ablaze
Residents of Ibasa/Ijegun Elba community in Lagos have threatened to set ablaze petroleum depots otherwise known…
Samsung Heavy Industries stock plunge on heavy loss
Samsung Heavy Industries Co., the world’s third-largest shipbuilder, reported a quarterly loss that was bigger than…
Navy blocks escape route of pipeline vandals in Lagos
The Nigerian Navy on Friday said it had successfully blocked all escape routes of the pipeline…
Army moves heavy military weapons, troops to Niger Delta
The Nigerian Army said last night that its training exercise for the Niger Delta code named…
Customs boss decries influx of arms
Comptroller General of Nigeria Customs Service, Hammed Ali, has decried the increasing influx of firearms into…
Amaechi extols late Ojo Maduekwe
The Minister of Transportation, Rotimi Amaechi, has described the late former Minister of Transport, Chief Ojo…
FG reviews trade, investment policies
The Federal Government is reviewing trade and investment policies to create an enabling environment for businesses…