The Federal Government on Wednesday said it has concluded arrangement to appoint a Transaction Adviser for…
Author: Ships & Ports
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…
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…