France returns artifact illegally exported from Nigeria

  France has officially presented to Nigeria the Nok Terracotta that was repatriated after it was…

China overtakes Philippines as largest source nation for seafarers

The latest Bimco/ICS Manpower Report contains the interesting nugget that “China is thought to have overtaken…

Pirates Prevented from Boarding Boxship in Gulf of Aden

A number of pirates were repelled from boarding a container ship as they approached the vessel…

Indonesia, Malaysia, Philippines join hands on maritime terror

Indonesia, Malaysia and the Philippines will start jointly monitoring the Celebes Sea in response to a…

Hong Kong April box volumes down 9%

The Port of Hong Kong continues it’s downward trajectory, with throughput falling 9.3% to 1.58million TEU…

El Faro’s ex-Captain raises ship stability issues

Former El Faro master, Capt. Jack Hern took the stand Tuesday during the second day of…

Maersk investors get 24% richer as ‘perfect storm’ warning ends

Just four months after analysts warned of the “perfect storm” pummeling shares in A.P. Moeller-Maersk A/S,…

Cosco Pacific April volumes up 4% to 7.9m TEU

Major terminal operator Cosco Pacific continues to see recovery in its throughput, with overall volumes rising…

Amaechi: N13bn used to buy land for maritime varsity illegally pulled out of CVFF

  The Minister of Transportation, Rt. Hon Chibuike Amaechi has disclosed that the N13billion used in…

Senate backs fuel price hike

After over one hour closed session, the Senate on Tuesday gave a tacit support to the…

Oil eyes $50 per barrel as outages, global stocks rally

Oil rose to six-month high near $50 per barrel on Tuesday boosted by investors demand for…

FG pays oil marketers outstanding N48.2b subsidy arrears

The Minister of Finance, Kemi Adeosun, on Tuesday said the Federal Government has paid the N48.2…