US-based exploration company offers to resume MH370 search

A U.S. seabed exploration firm has offered to take on the search for Malaysia Airlines Flight…

Maersk Line returns to CentrePort Wellington

Danish container shipping giant Maersk Line has decided to resume its weekly container shipping service to…

Newbuilds could push idle containership fleet to 1m TEU 

Although the idle containership fleet has dropped below 500,000 teu it could pass the 1m teu…

Former IMO scribe Koji Sekimizu bags 2016 International Maritime Prize 

The prestigious International Maritime Prize for 2016 is to be awarded to former Secretary General of…

3 Russian aircraft captured by NATO over airspace violation

Three Russian military aircraft have been intercepted by NATO jets near Estonian airspace. “Two Spanish F-18…

ITF mobilises international support for Indonesian dockworkers 

The ITF (International Transport Workers’ Federation) is mobilising international support for dockworkers in Indonesia, who are…

Nasdaq warns Diana Containerships over listing compliance 

Greece-based containership owner Diana Containerships has received a letter from Nasdaq indicating that the company is…

Hyundai Heavy wins $600m shipbuilding deal

Hyundai Heavy Industries (HHI) has clinched a shipbuilding deal worth up to 673.1 billion won ($600…

West Africa Crude: Diffs underpinned by strong margins

Sellers remained bullish on Wednesday, offering cargoes at high differentials on the back of strong distillate…

Nigeria’s non-performing loans have doubled since 2015- IMF

The International Monetary Fund (IMF) says non-performing loans across Nigerian banks have increased by more than…

Missing MH370 search team returns to work

A U.S. seabed exploration firm has offered to take on the search for Malaysia Airlines Flight…

Nigeria’s economy to grow 0.8 pct this year, risk remains – IMF

Nigeria is expected to emerge from recession this year, but threats to recovery remained elevated and the economy…