Despite the dwindling prices of oil and gas in the international market, Nigeria earned about $3.21…
Author: Ships & Ports
China to start importing from Nigeria —Emefiele
The Governor of Central bank of Nigeria (CBN), Godwin Emefiele, has said the Federal Government was talking…
NNPC loads 1,194 trucks of petrol nationwide
The Nigerian National Petroleum Corporation said 1,194 trucks of petrol were loaded nationwide on Tuesday. This…
Senate directs SON to check importation of substandard tyres
The Senate has directed the Standards Organisation of Nigeria (SON) to work with the Nigeria Customs…
CMA CGM, Cosco, Evergreen, OOCL unveil “Ocean Alliance” agreement
China COSCO Shipping and France’s CMA CGM sought to reinforce their growing global scale in the…
500 feared dead in Mediterranean shipwreck
The United Nations High Commission for Refugees (UNHCR) said on Wednesday it feared around 500 migrants…
Tug owner to pay USD1m ransom for kidnapped crew
The owner of the hijacked tugboat Brahma 12 has agreed to pay a ransom in the…
Grim outlook for liner shipping as continued weak market pushes carriers to the brink
The shock waves from the collapse of a top-20 container line such as Hyundai Merchant Marine…
Four El Faro Crew’s Families Settle with TOTE Maritime
Four more families of the deceased crew members aboard the ill-fated cargo ship El Faro have…
Hong Kong March volumes slide again
The port of Hong Kong continues its downward spiral with a 8% drop in March throughput…
HHI records 42pct drop in Q1 orders
South Korean shipbuilding major Hyundai Heavy Industries Co. (HHI) saw a 42.2 % fall in new orders for…
OPEC freeze failure could hasten oil’s recovery
Saudi Arabia’s increasingly bitter dispute with Iran is now being played out in the oil market.…