Immediate past President, Lagos Chamber of Commerce and Industry (LCCI), Remi Bello has hailed the recent…
Author: Ships & Ports
Navy arrests man with explosives in Warri creeks
Men of the Nigerian Navy Ship (NNS) Delta arrested a suspect with packages of explosives and…
Fuel Crisis: Kachikwu apologises, says queues to disappear next week
Following backlashes which trailed his comments that the biting fuel scarcity across parts of the country…
Navy concludes multinational maritime exercise in Cross River
The Nigerian Navy and their colleagues from three other continents have concluded a one-week multinational maritime…
3 dead in another Agip Oil pipeline explosion
The National Oil Spill Detection and Response Agency (NOSDRA) has confirmed another pipeline blast at an…
SPDC increases gas production
The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture, has started producing more gas…
10 Indonesian crew kidnapped off Philippines
An Indonesian crew of 10 people have been kidnapped in the Philippines, according to the Indonesian…
Oil prices drop on eve of US inventories
Oil prices fell yesterday on persistent concerns about a global oversupply and caution on the eve…
U.S. seizes 6 tons of cocaine worth $203m off Panama
The U.S. Coast Guard said it has seized more than 12,800 pounds (6 tons) of cocaine…
Japan set to give Jakarta massive port project loan of $2.5bn
Japan has agreed in principle to provide a $2.49billion private loan to finance the development of Indonesia’s planned…
Hanjin Shipping sells London property for $57m to raise cash
South Korea’s Hanjin Shipping announced that it has sold its London office for KRW66.7bn ($57.2million) as…
COSCO Pacific beats profit estimate
Cosco Pacific Ltd., the container terminal operator of China’s biggest shipping company, reported a 30 percent…