South Korean shipping company fined $950,000 in Hawaii over illegal discharges

A federal judge in Hawaii has sentenced a South Korean shipping company to pay a total of…

Baltic Dry Index climbs to 500 on firmer vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose…

Canada urged to up its game on Arctic shipping

The Canadian government needs to create a governance structure for Arctic shipping corridor development and management…

Nigeria loses $1.5bn annually to oil cargo monopoly

Nigeria is said to be losing an estimated $1.5bn annually to a monopoly, which allows for…

Chevron confirms two dead in storage facility fire at Escravos fire

Chevron Nigeria Limited (CNL), an operator of Joint Venture with the NNPC, says a fire outbreak…

Abdullahi calls for tripartite committee on use of Ikorodu terminal

The Managing Director of Nigerian Ports Authority (NPA), Mallam Habib Abdullahi has called for the establishment…

Seme Customs Command generates N963.7m in March

The Nigeria Customs Service (NCS), Seme Command, yesterday said it generated N963.7 million revenue in March,…

Navy postpones aptitude test for recruits

The Nigerian Navy (NN) aptitude test for applicants of this year’s recruitment exercise has been postponed…

Oil prices rally as Kuwait revives hope of output deal

Oil prices rallied yesterday after Kuwait said an agreement to freeze output during a producers’ meeting…

Ship owner ready to pay ransom for crew taken hostage in Philippines

The company that owns the tugboat that was hijacked by the Abu Sayyaf terror group in…

Customs revenue nose-dives by N230bn due to CBN’s policies

The Comptroller-General, Nigeria Customs Service (NCS), Hameed Ali, said yesterday that the service had a revenue…

NIWA begs LASG to obey court order on regulation of waterways

The National Inland Waterways Authority (NIWA) has urged the Lagos State Government to obey a Federal…