Ijaw youths on Wednesday warned against further attacks of oil installations and pipelines in the Niger…
Author: Ships & Ports
NNPC reports N267bn loss for 2015
The Nigerian National Petroleum Corporation (NNPC) recorded a loss of N267.14billion in 2015, the latest data…
Greek shipping to grind to a halt with more strikes planned
Inchcape Shipping Services (ISS) has warned of a further 48-hour strike by Greece’s Seamen’s Union, expected…
Maersk Line moves regional HQ from Singapore to Hong Kong
The world’s top shipping firm, Maersk Line has merged its two largest Asian operations into one,…
Offshore players call for increased scrapping to clear severe oversupply
Offshore players are calling for a significant increase in the rate of scrapping elderly offshore rigs…
Iran connects to China with new shipping route
A new shipping route has been launched between China and Iran following the sanctions lifting against…
18 seamen evacuated as cargo vessel burns in Tonkin Bay
A Mongolia-flagged bulk carrier South Star caught fire while moored in Tonkin Bay, Hai Phong, Vietnam, on…
Baltic Dry Index headed for the 200’s
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, tumbled…
NIMASA gave me N905.8m contract without bidding – Businessman
A businessman, Uche Obilor, yesterday narrated to a Federal High Court in Lagos how he got…
Reps hail port concession, pledge to develop maritime sector as alternative to oil
The House of Representative Committee on Marine, Ports and Harbours has assured of its commitment towards building…
IMB: Piracy hotspots persist worldwide despite reductions in key areas
Piracy and armed robbery on the world’s seas is persisting at levels close to those in…