The Lagos State Emergency Management Agency (LASEMA) yesterday advised haulage companies to put in place adequate…
Author: Ships & Ports
We have powers to create free zones, says OGFZA
The Oil and Gas Free Zones Authority (OGFZA) has said it has the statutory power to…
New fuel price: We are disappointed – TUC
The Trade Union Congress of Nigeria (TUC) said yesterday that government never consulted them on the…
Oil price falls from 2016 high
Oil prices fell Thursday on profit-taking, after New York crude reached the highest level this year…
CMA CGM takes NOL stake to over 10%
CMA CGM now owns 10% of takeover target Neptune Orient Lines (NOL) as open share buys…
Iran keen to increase oil exports
Amid increasing oil exports to Europe, Iran is determined to increase its production to pre-sanctions level…
UK court rules in favour of OW Bunker in landmark supply contract case
The UK Supreme Court has on Wednesday ruled in favour of bankrupt OW Bunker in a…
Oil tanker runs aground in Suez Canal
A 163,038 DWT oil tanker ran aground at 159 km of the Suez Canal early morning yesterday shortly after…
Baltic Exchange says talks still ongoing with potential buyers
Talks between the Baltic Exchange and a number of suitors are continuing, but any potential buyer…
Chemical shipping freight rates to remain firm, says Drewry
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to…
Brazilian seafarers to escalate industrial action against Transpetro
Brazilian seafarers’ unions affiliated to the Confederação Nacional dos Trabalhadores em Transportes Aquaviários e Aéreos, na…
Court remands ex-PICOMSS chairman, Saliu Atawodi for alleged N620m fraud
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned the duo of Air Vice Marshal Saliu…