Oil tankers carrying U.S. crude in limbo off Venezuela

Four tankers carrying over 2 million barrels of U.S. crude are stuck at sea and cannot…

DP World: Not ruling out U.S. port acquisitions

DP World isn’t ruling out another attempt to acquire a U.S. port terminal, though the company…

China P&I Management launches in Shanghai

China’s first mutual insurance association China P&I Management Company has been officially launched in Shanghai on…

U.S. East Coast port volumes slump

Cargo volumes at U.S. East Coast’s two largest ports fell in April compared with a year…

We support government’s regulation of port operation – STOAN

The Seaport Terminal Operators Association of Nigeria (STOAN) has said that it fully supports government’s regulation…

NBS: Nigeria’s import/export trade plunges by 23% as country records negative trade balance

Nigeria’s economic woes is far from over if new data from the National Bureau of Statistics…

Militants threaten ‘bloody’ attacks on oil firms, military

The Niger Delta Avengers (NDA) on Tuesday threatened to begin bloody attacks against oil companies, their…

EFCC to arraign ex-JTF commander, Akpobolokemi, others June 3

The Economic and Financial Crimes Commission (EFCC) will on June 3 arraign a former Commander of…

Marine police nab four suspected stowaways

Operatives of the Marine Police Command have arrested four suspected stowaways who boarded a Malaysia bound…

Ex-NNPC MD set to emerge OPEC Secretary-General

The Organization of the Petroleum Exporting Countries (OPEC) is likely to choose Nigeria’s Mohammed Barkindo, a…

Navy, community disagree over shooting of two residents

At least two persons have been reportedly injured in an Ijaw Community in Warri South West…

Shell launches Nigeria energy efficiency campaign

Shell launched a major public service campaign in Nigeria yesterday as part of a global effort…