China said it will take “all necessary measures” to defend its territory after the U.S.…
Author: Ships & Ports
UK P&I Club announces 2.5% rate increase for 2016
UK P&I Club has announced a 2.5% renewal rate increase for the 2016 policy year…
Daewoo shipbuilding posts $1.2bn quarterly loss
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), the second biggest shipbuilder in the world,…
Samsung Heavy Industries Q3 profit plunges 71%
Samsung Heavy Industries (SHI) has recorded a fall in profit in the third quarter ended…
Hyundai Heavy posts $398m loss in Q3
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) reported a net loss of KRW 451.4 billion…
Ships & Ports obtains exclusive pictures of MT Tank and MT Elixir ships collision in Warri
At least nine persons are still missing or dead when a Nigeria-owned self-propelled barge collided with…
NIMASA optimistic of rescuing trapped victims of vessel collision
The Nigerian Maritime Administration and Safety Agency (NIMASA) said rescue operation was underway for victims…
FG suspends licence issuance for new vehicle assembly plants
The Federal Government has suspended issuance of licence to new vehicle assembly plants. The Director…
Nigeria gets EU’s deadline on banned agric produce
The European Union (EU) has given Nigeria up to June next year to get her…
Nigeria’s crude oil prices dip to two months low
The prices of Nigeria’s crude oil grades have recorded significant decline over the last two…
Buhari inaugurates panel on parastatals’ reconstitution
President Muhammadu Buhari, has inaugurated the Presidential Committee on the reconstitution of Federal Government Boards…
Loading of petrol commences at Ejigbo, Mosinmi depots
Oil marketers have commenced lifting petrol at Ejigbo depot in Lagos and Mosinmi depot in…