An Indonesian crew of 10 people have been kidnapped in the Philippines, according to the Indonesian…
Author: Ships & Ports
Oil prices drop on eve of US inventories
Oil prices fell yesterday on persistent concerns about a global oversupply and caution on the eve…
U.S. seizes 6 tons of cocaine worth $203m off Panama
The U.S. Coast Guard said it has seized more than 12,800 pounds (6 tons) of cocaine…
Japan set to give Jakarta massive port project loan of $2.5bn
Japan has agreed in principle to provide a $2.49billion private loan to finance the development of Indonesia’s planned…
Hanjin Shipping sells London property for $57m to raise cash
South Korea’s Hanjin Shipping announced that it has sold its London office for KRW66.7bn ($57.2million) as…
COSCO Pacific beats profit estimate
Cosco Pacific Ltd., the container terminal operator of China’s biggest shipping company, reported a 30 percent…
Niger Delta pirates strike again, kidnap five crewmembers
Five crewmembers have been kidnapped from a 6,436 dwt tanker after pirates attacked the vessel offshore Niger Delta, Nigeria on…
Customs officers resident in Gowon Estate, Lagos, sue Presidential Committee, NCS
The National Industrial Court of Nigeria, Lagos, has fixed May 17 for hearing in a suit…
Lagos to release White Paper over LFTZ boss killing soon
Lagos State Governor, Akinwunmi Ambode on Thursday said the Government White Paper on the civil disturbances…
Pirates release Bourbon crew kidnapped off Nigeria
French oil services company Bourbon Offshore has confirmed that two crew members kidnapped from their vessel…
Customs impounds N360m contraband
The Nigeria Customs Service (NCS), Federal Operation Unit Zone `A`, on Friday said it impounded vehicles…
Customs, Army to strengthen relationship
The Zonal Coordinator, Nigeria Customs Service (NCS), Zone `A’, Assistant Comptroller-General Charles Edike, on Thursday urged…