NIMASA, a world class organisation- Peterside

  Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside has highlighted…

Nigeria foreign investment inflow crashes by 45%

Foreign Portfolio Investment (FPI) inflow, which represents foreign wealth pumped into Nigerian economy through the capital…

Spain imports N1.38tr products from Nigeria

The Economic and Commercial Counsellor at the Embassy of Spain in Nigeria, Pablo Segrelles, on Tuesday, announced that Spain…

Buhari’s visit to China brought consensus of furthering China-Nigeria partnership – Envoy

The newly appointed Consul General of the People’s Republic of China to Nigeria, Chao Xiaoliang, has…

India to inject more financial aid in ports 

India’s Ministry of Shipping has increased the scope of the Sagarmala project to provide financial support to its ports…

Bankruptcy looms over Hanjin Shipping as creditors halt funding

Embattled Hanjin Shipping is facing a real threat of bankruptcy as its creditors have rejected further…

Singapore setting up community to share best practices on safe navigation

Minister of Transport Khaw Boon Wan has said that the Maritime and Port Authority of Singapore…

Sea Shepherd to launch ‘Operation Nemesis’ to protect whales

In December this year, the marine conservation group Sea Shepherd Global plans to send its vessels…

284 ships transit Suez Canal carrying 14.34m tonnes in past 6 days

Suez Canal traffic data shows that 284 ships transited the canal, with a total load of…

Claims against Swiber rise to $197m

Claims against bankrupt Singapore offshore player Swiber Holdings have increased to $197m. According to Swiber’s interim…

Bumi Armada widens Q2 loss to $128m

The slowdown in the oil and gas sector continues, with Bumi Armada widening its second quarter…

Hyundai Heavy to build two tankers for Enterprises Shipping 

Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt tankers with South…