Oversupply keeps January vessel orders at record low

Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime &…

Hyundai Heavy shareholders approve spinoff plan amid labour opposition

Shareholders of Hyundai Heavy Industries Co., South Korea’s major shipbuilder, gave the green light on Monday…

Baltic index gains for ninth straight session, ends at one-month high

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, notched…

Sea Shepherd: Japanese whale poachers expand killing fields

Japanese whale poachers have expanded their killing fields to twice as big as before, Sea Shepherd,…

Carnival spends USD400m on scrubbers

Cruise shipping major Carnival Corporation has completed the installation and certification of Exhaust Gas Cleaning Systems…

Reps clash over Buhari’s health status 

Members of the House of Representatives exchanged words on Tuesday over the health status of President Muhammadu Buhari.…

FG to enforce buying of ‘Made in Nigeria’ products 

The Federal Government says it has put plans in motion to enforce the buying of Nigerian…

Businessman condemns raid of rice dealers by Customs

The Chairman of Adedas Group of Companies, Prince Adedipe Ewenla has condemned the raid on shops…

Amina Mohammed sworn-in as UN Deputy Sec-Gen 

The immediate past Minister of Environment, Ms Amina Mohammed, has been sworn-in as the fifth Deputy…

Without devaluation or free-float, naira gain ‘just a stop-gap’

The drastic appreciation of the naira must be supported with devaluation or proper free-float of the…

Top quotes of the day

  “This is burglary. Two customs officials identified as Jude and Alawo Ekun, led the illegal…

Trump seeks historic increase in U.S. military’s budget

President Donald Trump is seeking what he called a “historic” 9 percent increase in military spending,…