Havila Shipping in the red in Q3, offshore vessel demand slumps

  Norwegian offshore vessel operator Havila Shipping was in the red in Q3 as vessel supply…

Niger Delta pirates strike again; kidnap four seamen

  Armed pirates attacked and boarded a refrigerated cargo ship underway off the Niger Delta and…

Police debunks allegation of killing Lagos FTZ boss

  The Police in Lagos have discredited reports attributed to the leaders of Okunraye Community in…

Nigeria earns N5trn from oil sales

  Nigeria earned $25.105 billion (about N5.021 trillion) from the sale of crude oil between January…

Customs bars Journalists from CG’s Kano visit

  Journalistic reportage suffered setback in Kano yesterday when members of the fourth estate of the…

Indigenous participation in oil, gas contracts hits 80 per cent

  The Nigerian Content Development and Monitoring Board (NCDMB) Wednesday said indigenous participation in oil and…

Foreign exchange inflow falls by N678bn

  Foreign exchange inflows into Nigeria fell by N678bn ($3.39bn) between January and June this year,…

El Faro owners hit with second lawsuit over tragedy

  The family of one of the 33 missing crewmembers of the ill-fated El Faro has filed the…

APM Terminals Izmir prepares for 2016 opening

  With the delivery of five Rubber-Tire Gantry Cranes (RTGs) and two Ship-to-Shore (STS) gantry cranes…

Maersk Line planning freight rate hike on Asia-Europe route

  The world’s largest container shipping company, Maersk Line, plans to raise spot freight rates sharply…

Oil chiefs support climate-change pact

  The chief executives of 10 large oil and gas companies have agreed to collaborate on…

India approves maritime transport agreement with Egypt

  India’s Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for…