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Samsung: tough driving HSE awareness in workers

Samsung: tough driving HSE awareness in workers

Samsung Heavy Industries Nigeria (SHIN), yesterday, said it has been tough driving awareness about Health, Safety and Envronment (HSE) among its workforce in the country. Despite this challenge, it said it achieved 1,000 injury free days in its fabrication and integration yard in Lagos. The firm, in a statement, said the development was borne out […] …

Samsung reaches 1,200 days with no lost time injuries

Samsung reaches 1,200 days with no lost time injuries

Samsung Heavy Industries Nigeria (SHIN) has reached the significant health & safety milestone of 1,200 days with no lost time injuries at SHI-MCI, Africa’s largest ship fabrication & integration yard located in Lagos. This achievement, the company said, is reflective of SHIN’s intense focus on ensuring the health and safety of its entire workforce through […] …

Eviction: Court grants interlocutary injunction in favour of SHIN

A Lagos State High Court sitting in Igbosere has restrained Global Resources Management Limited and LADOL from evicting  Samsung Heavy Industries, SHIN, Nigeria Limited and its subsidiary, SHI-MCI FZE, from the LADOL free zone in Lagos, pending the determination of the substantive suit on January 25, 2019.
Continue reading Eviction: Court grants interlocutary injunction in favour of SHIN at Vanguard News Nigeria. …

Samsung’s financial crisis and Total’s connection

Samsung’s financial crisis and Total’s connection

In December 2017, the Chief Executive of Samsung Heavy Industries, SHI, Park Dae-young resigned from the world third largest shipbuilder. Dae-young threw in the towel following financial losses that cost the company about a third of its market capitalization. The CEO appeared left with no choice as SHI under his watch according to Financial Times, forecasted losses, not only in 2017 but 2018.
Continue reading Samsung’s financial crisis and Total’s connection at Vanguard News Nigeria. …

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