Containership scrapping surges past 500,000 TEU  so far this year – Bimco 

Container ship scrapping has a hit record of over 500,000 TEU with panamaxes accounting for nearly…

Samsung Heavy selling shares to raise fresh funds 

South Korean shipbuilder Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.14 trillion…

Nigerian airlines delayed 7,722 flights in 90 days

The Nigerian Civil Aviation Authority (NCAA) has said domestic airlines operating in the country recorded 7,722…

Minister faults NNPC on petrol price hike

The Minister of State for Petroleum, Ibe Kachikwu, has said that the recent N4 increase in…

Iran to sign gas production deal with France’s Total

Iran will sign a deal with France’s Total on Tuesday for the development of gas production…

NBS: Investment inflow into Nigeria rises by 74% to $1.8bn

The National Bureau of Statistics (NBS) on Monday released the capital importation report for the third…

Agip Oil pipeline leak pollutes Bayelsa community

An oil leak from Tebidaba-Ogboinbiri crude line operated by Nigerian Agip Oil Company has discharged massive…

EFCC closes case in trial of ex-NIMASA DG

Counsel to a former acting Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Calistus…

N250m insurance deal: Reps threaten to arrest Customs Comptroller-General, Hameed Ali

The House of Representatives has again threatened to issue a warrant of arrest on the Comptroller…

I longed to go to America – Liberian stowaway

A Liberian, Roy Edward, who smuggled himself on-board a foreign vessel in Lagos, said he has…

We produce half-baked seafarers, MAN Oron Rector admits 

Acting Rector of the Maritime Academy (MAN) Oron, Mpkandiok Ante Mkpandiok has finally confirmed the fears…

NIMASA Director elected President of CILT Nigeria 

The Director, Administration and Personnel Service of the Nigerian Maritime Administration and Safety Agency (NIMASA), Ibrahim…