The United Nations Security Council has launched an inspection mechanism of commercial shipments to Yemen based…
Author: Ships & Ports
Navy impounds vessel for illegal bunkering
The Nigerian Navy has impounded a vessel, MT Marina, for illegal bunkering in the Niger Delta.…
How NIMASA project fund was diverted through contractor – Witness
A prosecution witness in the ongoing trial of former Director General, Nigerian Maritime Administration and Safety…
Report: Pirates paid $400,000 ransoms in West Africa
Ransoms of up to $400,000 have been paid to gangs which hijacked ships in the Gulf…
CBN reports further decline in economic activities in April
The Central Bank of Nigeria (CBN) has released the Purchasing Managers Index for April, which indicated…
Customs arrests mastermind of officers, smugglers clash in Ogun
Following the bloody clash between officers of the Nigeria Customs Service (NCS) attached to the Ogun…
113 migrants from Nigeria, others die in shipwrecks
At least 113 people died in four shipwrecks between Libya and Italy at the weekend as…
Fire erupts in Egypt’s Port Said
A fire broke out at Egypt’s Port Said Monday night after a container ship hit a gantry crane…
Drewry: Shipowners forced to either cut rates or fleet
The current container market downturn is forcing some independent shipowners to either reduce charter rates to help save…
Four terminal operators pre-qualify for $500m Panama port
APM Terminals, Terminal Link, PSA International and Terminal Investment Limited have all pre-qualified for the future…
Daewoo Shipbuilding to land major Iran deal
Daewoo Shipbuilding & Marine Engineering (DSME) is close to inking a 1.3 trillion won ($1.1 billion)…
Big three shipbuilders fail to win orders in April
Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries won no ship orders…