Hong Kong April box volumes down 9%

The Port of Hong Kong continues it’s downward trajectory, with throughput falling 9.3% to 1.58million TEU…

El Faro’s ex-Captain raises ship stability issues

Former El Faro master, Capt. Jack Hern took the stand Tuesday during the second day of…

Maersk investors get 24% richer as ‘perfect storm’ warning ends

Just four months after analysts warned of the “perfect storm” pummeling shares in A.P. Moeller-Maersk A/S,…

Cosco Pacific April volumes up 4% to 7.9m TEU

Major terminal operator Cosco Pacific continues to see recovery in its throughput, with overall volumes rising…

Amaechi: N13bn used to buy land for maritime varsity illegally pulled out of CVFF

  The Minister of Transportation, Rt. Hon Chibuike Amaechi has disclosed that the N13billion used in…

Senate backs fuel price hike

After over one hour closed session, the Senate on Tuesday gave a tacit support to the…

Oil eyes $50 per barrel as outages, global stocks rally

Oil rose to six-month high near $50 per barrel on Tuesday boosted by investors demand for…

FG pays oil marketers outstanding N48.2b subsidy arrears

The Minister of Finance, Kemi Adeosun, on Tuesday said the Federal Government has paid the N48.2…

Lagos spends N36bn to avert ocean surge

The Lagos State Government yesterday disclosed that it has committed N36 billion to proffer lasting solution…

Niger Delta community laments attacks on Agip pipeline

A gas pipeline belonging to the Nigerian Agip Oil Company (NAOC) at Ogbembiri in Southern Ijaw…

Forecast: Industry will need almost 150,000 more seafarers by 2025

Unless seafarer training levels are increased significantly, the growth in demand for seafarers could generate a…

Striking Brazilian seafarers face forceful removal from vessels

Military personnel may be used to forcibly disembark striking Brazilian seafarers from vessels operated by Transpetro, a…