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South Korea starts Sewol ferry salvage ops

South Korea starts Sewol ferry salvage ops

South Korea prepared on Sunday to raise the Sewol ferry that sank nearly three years ago, killing more than 300 people, most of them children, testing a system to bring...

cruise ships

Cruise companies cancel calls in South Korea

Amid the recent developments in South Korea, cruise giant Royal Caribbean has decided to cancel calls at the country’s ports on its China-based voyages, the...

royal-caribbean-cruises

Cruise giants skip South Korea amid missile defensesystem deployment

Global cruise giants Carnival Corp and Royal Caribbean Cruises Ltd will cancel South Korean port visits from their China-based cruises after Seoul deployed a U.S....

royal-caribbean-cruises

Cruise giants skip South Korea amid missile defense system deployment

Global cruise giants Carnival Corp and Royal Caribbean Cruises Ltd will cancel South Korean port visits from their China-based cruises after Seoul deployed a U.S....

Korean Deputy Minister for Multilateral and Global Affairs, Jongmoon Choi

Nigeria, South Korea trade volume fall by 60%

South Korea says the volume of trade between it and Nigeria has dropped from $4.5bn about (N1.42tn) in 2014 to $1.8bn about (N567.5bn) in 2015. This represents a 60%...

India halts import tariffs hike on U.S. goods

Nigeria, South Korea trade volume fall on investors’ confidence

South Korea says the volume of trade between it and Nigeria has dropped from $4.5bn about (N1.42tn) in 2014 to $1.8bn about (N567.5bn) in 2015. The Korean Deputy...

south-korea-shipbuilding-orders

South Korea earmarks $9.8bn to drive shipbuilding orders 

The South Korean government is prepared to spend KRW11.2trn ($9.8bn) by 2020 by placing shipbuilding orders to help the country’s ailing shipbuilding industry tide...

South Korea to invest over USD13bn in port expansions 

South Korea has revealed its plans to invest some KRW 14.7 trillion (USD 13.3 billion) into the expansion of the country’s ports, according to data released by South...

Samsung Heavy selling shares to raise USD1bn

South Korea’s Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.1 trillion (USD 982.9 million) through a rights offering in an aim to cut its losses and...

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 half of the year as the shipbuilding industry was hit...

Leadership lesson from South Korea

Nigeria has so much going for it as a country. Our tsunami is bad leadership. The hurricane of bad leadership which buffets all facets of the Nigerian society from all...