Hyundai Heavy posts biggest profit in 3 years on cutting costs  

Hyundai Heavy Industries Co. reported its biggest quarterly profit in three years as the world’s largest…

Salalah welcomes world’s largest container ship 

Recently, the Port of Salalah welcomed the World’s largest container vessel, the MSC Zoe. Commissioned in…

Precious Shipping sells handysize to scrapyard for $1.51m  

Bangkok-based Precious Shipping has sent one elderly handysize bulk carrier to the scrapyard at a price…

Robbers board another ship in Indonesian anchorage 

Another anchored bulk carrier was boarded by robbers on July 24, as three culprits climbed aboard…

How MAN Oron Ag rector died seven months after predecessor’s death

Seven months after Joshua Okpo, the substantive Rector of the Maritime Academy of Nigeria (MAN), Oron,…

MLC changes to protect seafarers against desertion, says ILO

International Labour Organization (ILO) member states have confirmed the amendments to the Maritime Labour Convention ensuring…

Forex restrictions adversely affected economy, FG admits 

The Federal Government on Monday lamented that the foreign exchange restrictions by Central Bank of Nigeria…

Buhari commissions Abuja-Kaduna rail service  

  About seven years after its commencement, the first phase of the Abuja-Kaduna Standards Rail Gauge…

Nigeria spends N1bn daily on rice imports, says Onu  

The Minister for Science and Technology, Dr. Ogbonanya Onu has said the country spends over N1…

We have not abandoned proposed e-border project – NIS

The Comptroller-General of the Nigeria Immigration Service (NIS), Muhammad Babandede, said the proposed e-border project meant…

Ambode inaugurates lagoon reclamation project

The Governor of Lagos State, Akinwunmi Ambode, has inaugurated the Epe-Marina Lagoon reclamation project aimed at…

Agencies seize $1.42m worth of cocaine aboard ship 

The United States Coast Guard and Customs and Border Protection law enforcement personnel seized USD1.42 million…