The Federal Government has resumed the payment of monthly stipends to ex-militants in the Niger Delta…
Author: Ships & Ports
Nigeria’s oil faces threat as Saudi Arabia cut prices
Saudi Arabia, the world’s largest crude oil exporter, has cut all official selling prices for its…
Maersk Drilling to cut 122 jobs in U.S. after losing drillship contract
Maersk Drilling will cut 122 jobs in the United States due to the early termination of…
False Piracy Alarm: Ships advised to maintain vigilance on Red Sea
Ships transiting the Red Sea have been cautioned to remain vigilant despite a reported piracy attack…
South China Sea: Japan warns China over aggression posture
China risks triggering unintended conflict with Asian rivals through its aggressive stance in maritime disputes, Japan…
Shipyard fire put out after seven-hour operation
Singapore firefighters have extinguished a fire that broke out on a large cargo barge berthed at…
UK detains three foreign ships for failing Port State Control
Three more foreign-flagged vessels were detained in UK ports during July 2016 after failing Port State Control…
‘Chinese port operators under pressure’
Slower economic growth, deteriorating export competitiveness and weak liner profitability are narrowing the headroom within the…
Kenya Ports Authority boss sees increased port cargo traffic
The Kenya Ports Authority (KPA) says it is modernising Kenyan seaports to grow cargo volumes as…
Royal Caribbean beats Q2 forecast
New York-listed cruise line company Royal Caribbean Cruises reported its adjusted net income for the second…
Houston ship channel closed due to debris removal ops
The Houston Ship Channel is temporarily closed due to debris removal operations being conducted in the area, the Vessel Transit…
Oil rebounds from losses but oversupply concerns remain
Oil rebounded on Tuesday after falling by up to 10 percent in one week, but investors…