Al Qaeda’s Yemen branch remains a powerful force and poses a growing risk to merchant ships…
Author: Ships & Ports
EU Shipowners want reward for progress at Alang shipbreaking yards
Ship recycling practices in Alang, India, are gradually improving, the European Community Shipowners’ Associations (ECSA) says,…
Hanjin to get additional funds from creditors for restructuring
South Korea’s Hanjin Heavy Industries & Construction (HHIC) is set to receive an additional KRW120bn ($103.1m)…
ICS to seek for balance in York Antwerp rules
The International Chamber of Shipping (ICS) plans to push for an improvement on the present system of the York…
N754.7m Fraud: NIMASA Assistant Director testifies against Akpobolokemi, others in court
An Economic and Financial Crimes Commission (EFCC) witness, Mrs. Olamide Odusanya, yesterday testified that the former…
Investment inflow into Nigeria drops to nine-year low –NBS
The National Bureau of Statistics (NBS) yesterday released the capital importation report for the first quarter…
Maersk Group’s quarterly profit down by 86pct
Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD224 million for the first…
Customs seeks Navy’s support to fight smuggling at sea
Zonal Coordinator in charge of Zone ‘A’ of the Nigeria Customs Service (NCS), Assistant Comptroller General…
EU tasks Nigeria on commodity export
The European Union has urged Nigeria to increase export of agricultural produces like rubber, cocoa and…
Nigeria moves up one notch on ease of doing business
Attempts by the Federal Government to improve the ease of doing business have yielded positive results…
Petrol scarcity: NUPENG urges NNPC to sustain distribution tempo
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) yesterday urged the Nigeria National Petroleum…
No recovery for LNG shipping rates until 2018 – Report
Liquefied natural gas (LNG) shipowners will have to wait until 2018 for earnings to improve, when…