Australia set to reform coastal shipping

The Australian Government is proposing a reform of the country’s coastal shipping sector with the aim…

Maersk reaches key North Sea tax deal with Denmark

Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state…

COSL posts $1.7bn loss on massive impairments

China Oilfield Services Limited (COSL) has reported a loss of RMB11.46bn ($1.66bn) in 2016 due mainly…

Marshall Islands becomes the world’s second largest ship registry

The Marshall Islands has overtaken Liberia to become the world’s second largest ship registry boosted by…

U.S. Navy Commanders accuse Iran of endangering navigation in Gulf

U.S. Navy commanders accused Iran of jeopardizing international navigation by “harassing” warships passing through the Strait…

Top quotes of the day

“The Senate will no longer tolerate affronts on its power.”   Senator Aliyu Wamakko.    …

Why I won’t appear before Senators today – Customs boss

The Comptroller-General, Nigeria Customs Service, Hameed Ali, on Tuesday said he would not honour the invitation…

Senate probes N298m SUV linked to Saraki, Melaye’s certificate scandal

The Senate, on Tuesday, decided to investigate the allegation that an armoured Range Rover car said…

Customs releases numbers for vehicle duty verification

The Comptroller-General of Customs, Hameed Ali, on Tuesday announced a code number for efficient and effective…

Court grants ex-NNPC boss, Yakubu, N300m bail

A Federal High Court in Abuja on Tuesday granted bail to a former Group Managing Director…

N5bn fake tyres: Court grants Chinese importers N10m bail

The Federal High Court in Lagos on Tuesday granted two Chinese importers bail for N10 million…

Naira continues to appreciate against dollar

The Naira has continued to appreciate against the dollar at the parallel market. The Nigerian currency…