Air Force destroys two illegal oil barges in Niger Delta

The Nigerian Air Force (NAF) has destroyed two illegal barges laden with stolen petroleum products in…

Fitch scores Nigeria’s economy low

Contraction in the Nigerian economy, brought on in part by weaker oil prices, may make it…

India to invest $15bn in Nigeria’s oil sector  

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has negotiated a 1$5- billion dollar…

How NPDC lost $36m in five years – Group

A non-governmental anti-corruption group, Youth Coalition for Change (YCC), has petitioned the Group Managing Director (GMD),…

Infographic: Asian maritime crimes down 65%

The number of piracy and armed robbery incidents in Asia from January to September 2016 decreased…

U.S. Navy commissions Its biggest, baddest destroyer ever

  The U.S. Navy’s biggest and most technologically advanced warship, USS Zumwalt (DDG 1000), was put…

APM Terminals expands partnerships on Vado terminals 

Dutch container terminal operator APM Terminals has partnered up with COSCO Shipping Ports and Qingdao Port International Development to…

Container manufacturer CIMC warns of nine month loss

China International Marine Containers (CIMC) warned that it may turn to a loss for the first…

DP World to build logistics free zone in Senegal 

DP World inked a MoU with the Senegalese Government last October to build a logistics free…

Havila Shipping sells platform supply vessel to fish farmer 

Norwegian offshore shipowner Havila Shipping has agreed to sell its platform supply vessel Havila Princess to fish…

Bayelsa experienced 1,000 oil spills in 2014 – Commissioner

Bayelsa State Government has expressed concern over the menace of oil spills and gas flaring perpetrated…

Fallen NNPC truck crushes Abia motorist to death

A truck belonging to the Nigerian National Petroleum Cooperation (NNPC) laden with over 40,000 litres of…