CMA CGM names Rodolphe Saade to succeed father as CEO

Container shipping group CMA CGM has promoted Rodolphe Saade to be chief executive officer, succeeding his…

Maersk Tankers confirms order for 10 LR2 ships

Maersk Tankers, part of the Danish shipping conglomerate Maersk, has confirmed that it placed an order…

Human error identified as cause of ships collision on River Humber 

Pilot error resulting from ‘relative motion illusion’ has been identified as the likely cause of the collision between the vehicle…

U.K. to get first LNG from Peru 

Almost a year after the first liquefied natural gas cargo left the Gulf of Mexico, the…

SBM Offshore revenue to fall by 15% 

SBM Offshore expects 2017 revenue to fall 15 percent as the world’s top oil production ship leasing company…

Canadian Coast Guard monitors disabled cargo ship

The Canadian Coast Guard said it was monitoring the disabled cargo ship MV Thorco Crown approximately 32 nautical…

Labor unions protest economic hardship, bad governance

Members of the Nigerian Labor Congress (NLC) and Civil Society Organizations today staged a peaceful march…

WTO tackles Nigeria over market restrictions

The World Trade Organisation (WTO) has asked Nigeria to remove trade prohibitions and market restrictions in…

FG blames high transport cost for soaring food prices

The Federal Government has adopted some measures to reduce the price of food items in the…

Nigerian crude selling like hot cake, say traders     

Demand for Nigerian crude has picked up as the country’s crude cargoes for March loading is…

Pirates abduct seven Russians, one Ukrainian in Niger Delta 

Pirates have abducted seven Russian sailors and one Ukrainian in the territorial waters of Nigeria, the…

You lied, Senate tells Amaechi 

Spokesman of the senate, Abdullahi Sabi, says a comment credited to the Minister of Transportation, Rotimi…