OPEC over-supplies dampens rise in oil prices-Analysts

Supply of crude from the Organisation of the Petroleum Exporting Countries (OPEC) rose to a three-year…

BP to settle $18.7bn Deepwater Horizon claims

BP has reached agreements in principle to settle federal, state and local US claims related to…

Ship crew to stand trial in India, a year after charges were dropped

The crew of the Seaman Guard Ohio are to stand trial in India, despite the High…

Sailor’s Society launches piracy crisis response centre in Durban

The Sailors’ Society has launched a new Crisis Response Centre in Durban to support seafarers affected…

Hyundai in talks for up to 11 vessels this month

South Korean shipbuilding company Hyundai Heavy Industries (HHI) is in talks with some unnamed shipping companies…

Evergreen names 9th container ship

Taiwanese shipping corporation Evergreen Group has held a naming ceremony for Ever Lovely, the ninth of its L-type container…

Washington Navy Yard on lockdown

The U.S. Navy locked down the Washington Navy yard facility in Washington on Thursday but did…

Calais strike disrupts cross-Channel travel for third day

Travel was disrupted for the third day yesterday as a strike by French ferry workers continued…

Egypt to link Suez Canal with China’s Silk Road

Egypt is keen on tapping into the trade potential offered by China’s Silk Road Economic Belt trade…

6 school children drown as boat capsizes in Lagos

Tragedy struck, yesterday, at Irawe area of Ojo, Lagos State, after a canoe conveying 14 schoolchildren…

Ferry capsizes in the Philippines, at least 36 dead

A boat carrying 173 passengers has capsized in the central Philippines, minutes after leaving port. The…

Militants sack Customs base in Akwa Ibom, steal 10 rifles

Heavily armed men suspected to be Niger Delta militants on Monday invaded the Nigerian Customs Service…