Somali pirates earn new cash by acting as escorts to the fishing boats they once hijacked

Somali pirates who raked in millions of dollars in ship hijackings have developed a lucrative new…

Svitzer, unions shake hands on four-year industrial contract

Danish tug operator Svitzer Towage has reached an agreement with the three tug crew unions to operate under a…

DP World to invest $2bn in Russian ports

Dubai-based port group DP World has launched a joint venture with the Russian Direct Investment Fund…

Greek shipowners slam EU tax plans saying they could disrupt 20 years of growth

Greek shipowners have slammed the renewed European Union (EU) attack on shipping tax claiming Commission moves…

APM Terminals finalizes Cartagena JV

APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A. (Compas S.A.)…

China denies drilling in disputed waters

China’s Foreign Ministry said on Wednesday that a $1-billion deepwater oil rig was not drilling in…

Iran-Venezuela oil tanker deal hit by sanctions snags

An agreement to build oil tankers in Iran for Venezuela has been left in limbo years…

The good and bad outlook for Chinese shipbuilding

By Lee Hong Liang from Singapore The year 2015 rounded out with not much good news for China’s shipbuilding…

Dealing with a culture of blame

Blame culture has been described as a set of attitudes that are characterized by an unwillingness…

Dasukigate and the warped minds

Written By Bolaji Akinola Nigeria no doubt is one tough country. I am not sure there…

Non-oil export revenue drops by $5.9bn in two years

Nigeria’s non-oil export earnings have come down by more than $5.9 billion, from $10.35 billion recorded…

Ex- Naval officer bags 4-year jail for aiding smuggling

A dismissed Naval officer was yesterday sentenced to four years in prison after pleading guilty to…