American shale gas heads to Far East for the first time 

The Far East, which imports more liquefied natural gas than any other region of the world,…

Number of ship accidents drops in 2015  

The number of accidents reported to the UK’s Marine Accident Investigation Branch (MAIB) dropped to 1057 casualties and incidents…

Bauchi governor asks new NNPC GMD to live above board 

Bauchi State Governor, Mohammad Abubakar, yesterday paid a courtesy visit to the newly appointed Group Managing…

Import duty to rise further as CBN adjusts dollar exchange rate to N316

Import duty to rise further as CBN adjusts dollar exchange rate to N316 The Nigeria Customs…

Drones cannot stop us – Niger Delta Avengers   

Violent militant group, the Niger Delta Avengers, has said it is aware of plans by the…

Buhari celebrating our railway project, says PDP 

The Peoples Democratic Party has criticised President Muhammadu Buhari and the All Progressive Congress (APC) for allegedly…

Prosecutors indict former Daewoo Shipbuilding CEO for fraud

The former Chief Executive Officer of Daewoo Shipbuilding & Marine Engineering (DSME), Ko Jae-ho, has been…

Good samaritans rescue 46 from sinking fishing vessel   

Some good samaritan vessels on Tuesday responded to 46 crewmembers aboard a commercial fishing vessel who…

Military action won’t quell Niger Delta militancy – Dickson

Bayelsa State governor, Seriake Dickson, on Wednesday maintained that deployment of military to Niger Delta would…

FG to appoint adviser for airport concession

The Federal Government on Wednesday said it has concluded arrangement to appoint a Transaction Adviser for…

Panamax bulker runs aground in Argentina  

The navigation through the Parana River, Argentina, was briefly obstructed as a Panama-flagged bulk carrier Amadeus ran aground…

South Asian demolition bounces back with rise in prices  

South Asian ship recycling market has experienced increased activity on the sales front last week, which was…