Bourbon gas shipping foray hits financing delay

Bourbon has delayed its $320m foray in ethane shipping from parent Jaccar Holdings as it takes…

Swedish dockworkers proceed with strike despite mediation

The Swedish Dockworkers’ Union has decided to move forward with the strike at APM Terminals Gothenburg scheduled to…

Obasanjo to FG: Think out of the box, don’t use govt funds to set up national carrier

Former President, Olusegun Obasanjo has advised the Federal Government against using funds from government coffers to…

Crude Oil: Nigeria Loses 800,000 Barrels Daily To Pipeline Vandalism – Kachikwu

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday said Nigeria’s crude oil production…

Reuters: 2 million tonnes of Nigeria’s petrol stuck on high seas

At least 75 ships with two and a half million tonnes of fuel are awaiting importers…

Tompolo dissociates self Niger Delta Avengers

Former Niger Delta militant, Government Ekpemupolo, (aka Tompolo) said on Monday that he was not part…

Lagos now an oil producing state – Ambode

Lagos State Governor, Akinwunmi Ambode on Monday declared that Lagos has officially joined the League of…

How ex-Ag DG of NIMASA, Calistus Obi converted N378m – Witnesses

The Federal High Court in Lagos on Monday heard how a former acting Director-General of the…

Cocaine trafficker jailed for 12 years

A Federal High Court in Abuja, on Monday, sentenced Michael Nwobodo, 31, to 12 years imprisonment…

Aviation fuel scarcity disrupts flight operations at Lagos airport

The lingering scarcity of aviation fuel on Monday disrupted flight operations at the Murtala Muhammed Airport…

Hanjin Shipping hit by loss of $222m in Q1

Hanjin Shipping has been hit by a loss for its first quarter, erasing the profit recorded…

DP World opens container terminal in Turkey

DP World Yarimca has officially opened for business. Recep Tayyip Erdogan, president of Turkey, opened the…