Hong Kong container volumes fall below 20m TEU first time in 10 years 

Despite a late push bringing a 14.3% rise in throughput to 1.8million TEU, to produce the…

Iran tankers to resume European deliveries

Iran’s tanker fleet is poised to resume direct deliveries to European ports. The 1mn bl Suezmax…

Davos: No one will win trade war, says China’s Xi Jinping 

  Chinese President Xi Jinping presented himself as a champion of globalisation Tuesday, lecturing the world…

NIMASA to review shipwreck removal process

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has said…

NNPC, Sahara launch new vessels to ease gas supply

The supply logjam that continues to impede stable availability of Liquefied Petroleum Gas (LPG), otherwise called…

Nigeria is not the first country to close an airport, says Fashola

The Minister of Works, Power and Housing, Babatunde Fashola, wants those opposed to the closure of…

Top quotes of the day

“… it has been evidently clear that the Nigerian state is not ready for any form…

At last, stranded NLNG vessel discharges at Lagos jetty

The Nigeria Liquefied Natural Gas Limited (NLNG) said it has started the supply of liquefied petroleum…

Osinbajo carpets Amaechi, says FG committed to Maritime University

Contrary to the position of the Minister of Transportation, Rotimi Amaechi that the Federal Government would…

FG gets leave to amend $245m export under-declaration suit against Total 

  A Federal High Court on Monday in Lagos granted the Federal Government’s application to amend…

Subsidy fraud convict who fainted in court to be sentenced tomorrow 

The Managing Director of Ontario Oil and Gas Limited, Ada Ugo-Ngali, and the co-defendant Walter Wagbatsoma, the…

IMF forecasts low 0.8% GDP growth for Nigeria

A week after the World Bank projected Nigeria’s gross domestic product (GDP) to grow by one…