The Nigerian National Petroleum Corporation (NNPC) has started the process of creating incentives for investors across…
Author: Ships & Ports
Dangote says oil discovery in Lagos is a good omen
The recent discovery of oil in Lagos in commercial quantity has been described as a good…
Australia awards Port of Melbourne’s 50-year lease
The commercial operation of Australia’s Port of Melbourne has been leased for more than AUD 9.7 billion (USD 7.3…
S&P cuts Nigeria ratings as low oil output plagues economy
Standard & Poor’s Global Ratings has further downgraded Nigeria’s sovereign credit rating to ‘B’, five levels…
Reckless piloting, overcrowding blamed for fatal Thai boat accident
An overcrowded tourist boat carrying Muslim pilgrims was being piloted recklessly before it capsized, killing at…
DP World London Gateway adds new shipping service
CMA CGM’s North European Mediterranean Oceania (NEMO) and Hapag Lloyd’s Europe, Australia Express (EAX) combined service…
Maersk Supply Service employs 10 vessels on subsea decommissioning contract
Maersk Supply Service (MSS) is to deploy 10 offshore vessels on a subsea decommissioning contract in…
Court advises Hanjin to return all chartered ships to owners
Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a…
Canadian oil firm buys into oil-prone block offshore Nigeria
Canadian Oil firm, COPL has acquired 80% of the share capital of Essar Exploration and Production…
Boskalis taking 24 vessels out of service
Dutch marine contractor Boskalis announced Monday that it is moving ahead with its plan to take…
Nigeria government slams $635m charges on Agip, Total over undeclared cargoes
Cash strapped Nigeria’s Federal Government is demanding $635 million from two multinational oil companies, Agip and…
Stakeholders fume as NIMASA squanders N289bn in 7 years
Accusing fingers are pointing to the Nigerian Maritime Administration and Safety Agency (NIMASA) as constituting the…