Samsung Heavy bags US$1.27 bln deal for offshore facility

Samsung Heavy Industries Co., a major shipyard here, said Thursday that it has won a US$1.27…

Canada rules out Arctic drilling extensions for Exxon and BP amid moratorium

The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil Corp., BP…

Malaysia containership collision owners to pay $223,565 clean-up bond

Each of the owners of Wan Hai 301 and the APL Denver involved in the collision…

Oak Spirit delivers first US LNG to Japan  

Oak Spirit, a liquefied natural gas (LNG) carrier, delivered the first cargo produced in the contiguous United…

Winner of maritime essay competition says ‘I am overwhelmed’

A young architect, Sarafadeen Mayowa Bello has emerged best overall winner of the 2016 Ships &…

NEPZA approval ramps up Maritime Africa Economic City

The Nigeria Export Processing Zones Authority (NEPZA) has granted license to Nigeria’s largest and most ambitious…

Need to automate cargo clearance at our ports

The rapid rise in shipping container traffic in sub-Saharan Africa over the past two decades underlines…

Shipping Stocks that Excelled: The Maritime Honours List 2016

  As we near the end of the year, global markets are on a high despite…

Nigeria releases import prohibition list, says no hike in import duty on food, luxury goods 

The Federal Ministry of Finance has reissued Nigeria’s import prohibition list. Items banned from being imported…

Niger Delta Avengers threatens to resume attacks on oil facilities 

The Niger Delta Avengers (NDA) on Saturday announced that tough times await both local and international…

Acute kerosene scarcity hits Lagos

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Saturday says there is no…

Ex-Nigeria Airways workers seek divine intervention over pensions, gratuity arrears 

For the umpteenth time, former workers of the defunct Nigeria Airways converged in Lagos for a…