Port of Antwerp posts best first quarter result ever

Belgium’s Port of Antwerp reported that the quarter ended March 31 was its busiest first quarter…

Ship demolition prices retreat as recyclers adopt more cautious approach to the market

Ship owners who were holding off a potential sale of their older ships for scrap, looking…

Guatemala welcomes largest boxship to date

The 8,600 TEU CSAV Traiguen has become the largest containership to call a Guatemalan port when…

Swiber fails to redeem $114m bond issue

Bankrupt Singapore offshore company Swiber Holdings has failed to redeem a SGD160m bond issue. Swiber, which…

First Alaska fast response cutter enters service

The Coast Guard’s newest fast response cutter, Coast Guard Cutter John F. McCormick, officially entered the…

ABS breaks ground on new global headquarters building

Classification society ABS has broken ground on a new global headquarters in Houston. The 10-storey, 326,800…

Top quotes of the day

“We believe and pray that as we inch closer to the three years anniversary, the military…

IMF projects 0.8% growth for Nigeria in 2017

The International Monetary Fund (IMF) says rise in oil prices, continued growth in agriculture, and big…

Reps accuse NNPC of not remitting $81.2bn in four years 

The House of Representatives believes that the Nigerian National Petroleum Corporation (NNPC) did not remit a…

Buhari commends reopening of Abuja airport

President Muhammadu Buhari has commended the efforts of the Ministries of Transport, Power, Works and Housing, the…

Customs distributes 136,000 bags of seized rice to IDPs

The Nigeria Customs Service (NCS) has distributed 136,476 bags of rice to Internally Displaced Persons (IDPs) camps…

Police guns down Tompolo in Delta 

The Delta police command on Monday said its operatives had killed a notorious suspected armed robber known as…