The Nigerian naira on Monday suffered a severe defeat against the dollar in all the major…
Author: Ships & Ports
Navy arrests suspected oil thieves
Operatives of the Nigerian Navy Ship (NNS) DELTA have arrested suspected illegal oil bunkerers at Epomu…
Nigeria limping because of fallen oil price – Buhari
Despite the economic downturn caused largely by fallen prices of oil in the international market, President…
Nigerian Economic Society oppose sale of national assets
The Nigerian Economic Society (NES) on Monday opposed the sale of some of the country’s national…
Shell shuts down export pipeline after militants attack
Anglo-Dutch oil giant Shell on Monday shut down a major pipeline in southern Nigeria after fire…
NIMASA DG canvasses preparation against oil spill
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA),Dakuku Peterside has described…
Man lost at sea found alive after one week
A 22-year-old Rhode Island man has been found alive after more than a week lost at…
Hyundai Merchant Marine says it is assessing Hanjin’s assets
Hyundai Merchant Marine Co., South Korea’s second-largest container line, surged in Seoul trading after the company…
Shipping confidence sees further rise, says Moore Stephens
Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter…
CMA CGM reshuffles Europe-West Africa links
French container shipping company CMA CGM has amended the port rotation of the EURAF 3 and…
Baltic Exchange shareholders approve Singapore Exchange takeover
The shareholders of the Baltic Exchange have voted overwhelmingly in favour of the historic takeover offer…
OPEC could shock oil market this week
Members of the Organisation of Petroleum Exporting Countries (OPEC) are scheduled to meet with Russia in…