3 mins read

Nigerian Corruption Trial and DP World Scandal Unfold

Other oil executives allegedly paid for flights on private jets for Ms Alison-Madueke to destinations, which prosecutors claim included Vienna, Hamburg and Doha, with each flight costing tens of thousands of dollars, allegedly. The court also heard allegations that Ms Alison-Madueke’s brother Doye Agama, the churchman, was part of a conspiracy to conceal bribes disguised […]

1 min read

Antarctic Enabler – Bulker rebuilt for Southern Ocean krill harvesting

The 159-metre (522-foot) vessel offers cargo capacity for nearly 10,000 tons of krill meal and substantial bunker capacity to refuel harvesting vessels during operations, eliminating operational downtime and maximising efficiency. Other modifications include a hangar and a bridge control station for multiple search drones; expanded and modernised accommodation areas; renewed waste management systems; and safety […]

1 min read

PaxOcean opens new shipyard in Singapore

5JS replaces PaxOcean’s previous location at 33 Tuas Crescent. The new yard also occupies a significantly larger space, giving the company the ability to handle more complex projects with faster turnaround. Electrical power for the on-site facilities will be drawn from large-scale solar panels while an air conditioning and mechanical ventilation system will help optimise […]

8 mins read

China’s Belt and Road Initiative Boomed in 2025

[By Tom Baxter] Last year, Chinese companies’ “engagement” in 150 countries involved in the Belt and Road Initiative (BRI) reached its highest level since the BRI was launched 12 years ago. The value of construction deals involving Chinese companies reached USD 128 billion, up 81% on 2024. While investments totalled USD 85 billion, up 62%. […]