Höegh Autoliners issue statement after vessel runs aground

Höegh Autoliners are currently assessing damage and stability issues on board its vessel, the ‘Höegh Osaka’…

Libyan tanker spills crude after collision near Singapore

A Libyan crude tanker spilled some of its cargo off Singapore after colliding with another ship,…

‘Human capacity critical in boosting Nigeria’s maritime sector’

The Chairman of Port Consultative Council (PCC), Chief Kunle Folarin, said that building human capacity was…

Nigerians to pay more for fairly used cars from tomorrow

Buyers of imported fairly used vehicles popularly known as ‘tokunboh’ will have to cough out more…

‘Everywhere will be hot from January 2’, says Jonathan

President Goodluck Jonathan yesterday reiterated his position that 2015 would be a challenging year for the…

Items resembling slide, plane door seen in AirAsia search

Items resembling an emergency slide, plane door and other objects were spotted in the sea during…

Oil prices hit new low at $57

As oil prices declined further on Tuesday to their lowest levels since May 2009, the global…

Kenya seeks concessionaire for part of 2nd container terminal at Mombasa Port

Kenya is seeking a concessionaire to operate the first phase of a second terminal it is…

FG pays N166bn fuel subsidy arrears

The Federal Government has approved the payment of about N166bn to petroleum product marketers as reimbursement…

Three dead after freighter sinks off Japan

Three crew members died after the Cambodia-flagged 1,915 dwt freighter Ming Guang sank on Friday in the Sea of…

NYK pleads guilty to price fixing

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has agreed to plead guilty and pay a…

FMC endorses Ocean Three-Hanjin Shipping cooperation

The US Federal Maritime Commission (FMC) has approved of a vessel sharing and slot charter agreement…