Russian freighter lists in Norwegian Sea

Russian-flagged cargo ship Mekhanik Fomin developed a heavy portside list while underway in the Norwegian Sea west…

Shipping industry likely to use gas oil from 2020

Faced with an array of choices to comply with a global cap of 0.5% sulfur emissions…

Saudi Arabia asks U.N. to supervise Yemen port

A Saudi-led coalition fighting in Yemen called on Sunday for the United Nations to place a…

1,000th transit of expanded Panama Canal marked by MSC Anzu

Close to nine months after the inauguration of the expanded Panama Canal the 1,000th neo-panamax vessel…

DP World profits up 28% at $1.13bn in 2016

The Dubai-based global port operator DP World has announced stronger than expected financial results, having achieved…

FG’ll borrow more to meet infrastrutural obligation-Adeosun

Minister of Finance, Kemi Adeosun says based on the situation at hand, the Federal Government would have…

NDDC to contractors: Return to site within 30 days or face prosecution

The Niger Delta Development Commission (NDDC) has given contractors handling its projects across the Niger Delta…

Nigerian govt commends Dangote Cement for self-sufficiency feat

The Federal Government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement…

$406.8m suit: FG to amend statement of claims against Shell

A Federal High Court in Lagos on Monday granted leave to the Federal Government to amend…

NNPC to contribute 4,000mw to national grid within 10 years

The Nigerian National Petroleum Corporation (NNPC) says it will generate about 4,000 megawatts of power in…

Senator wants law barring non-career persons from heading govt agencies

A member of the National Assembly, Sen. Sabi Abdullahi, says he will move for a law…

Recession: We have started seeing signs of recovery – Udoma

The Federal Government on Monday said that it had started seeing positive signs that the economy…