Navy on high alert for criminals in maritime sector

The Chief of Naval Staff (CNS) Rear Admiral Ibok-Ete Ibas has ordered all naval formations in…

$2.6bn Badagry deep seaport will boost maritime industry – Ambode

Gov. Akinwunmi Ambode of Lagos State said the maritime industry would witness a major boost with…

EFCC arrests illegal oil vessel at point of discharge

The Economic and Financial Crimes Commission (EFCC) says its operatives have arrested an oil vessel off-loading…

Major oil companies neglect host communities – Obaseki

Gov. Godwin Obaseki of Edo has decried the poor attitude of multinational oil companies operating in…

Samsung Heavy says $776m order for FPSO facility cancelled

Samsung Heavy Industries Co Ltd said on Friday that a 907.6 billion won ($776.8 million) order…

OPEC to meet non-OPEC producers on Dec. 10

The Organisation of the Petroleum Exporting Countries (OPEC) will on Dec. 10 meet with non-OPEC countries…

Sanusi advises Buhari to jettison $30b loan plan

The Emir of Kano, Sanusi Lamido Sanusi Friday kicked against plans by President Muhammadu Buhari to…

Vice President Osinbajo condemns Nigeria’s quota system, insists on merit

Vice President Yemi Osinbajo has identified the importance of merit in giving reward and said that…

Indian moves to paperless customs operation

Cargo clearance at Indian seaports and airports would now be quicker as Customs authorities eliminate most…

Daewoo Shipbuilding to cut 22% of workforce in another restructuring plan

South Korea’s Daewoo Shipbuilding & Marine Engineering Co. has launched another downsizing program ahead of additional…

Canadian ports set to take market share from US counterparts 

The debacle at the US west coast ports last year has presented an opportunity for Canadian…

UK ports detain 3 foreign flagged vessels in November

Three more foreign flagged vessels were detained in UK ports during November 2016 after failing Port…