Businesses see higher interest rates, further fall in naira value

In spite of optimism of improved economic conditions, businesses across the country said that they expect the…

Shell fears attack; shuts down flow stations in Bayelsa

Shell Nigeria Exploration and Production Company (SNEPCO) has reportedly shut down its flow stations in Southern…

NIMASA staff jubilate over Akpobolokemi’s April fool joke

There was wild jubilation at the offices of the Nigerian Maritime Administration and Safety Agency (NIMASA)…

Customs WMC sea going vessels arrives Nigeria from Turkey

The Nigeria Customs Service is set to boost its policing of the nations waters especially the…

9 vehicles, 2 buildings destroyed in tanker fire

Commercial activities in Ada George Road in the Obio/Akpor Local Government Area of Rivers State came…

JTF intensifies efforts to contain illegal refining

That oil wealth is the economic mainstay of Nigeria is indisputable, and to salvage the nation’s…

External reserve hits new low, below 4 months import

The stress of dwindling oil revenue is mounting on the economy as external reserve drops below…

IMO unveils six candidates vying for top job as Sekimizu’s successor

Candidates for the post of International Maritime Organisation (IMO) have been unveiled. They are Andreas Chrysostomou, Vitaly Klyuev,…

53 Piracy Cases Reported In Malaysian Waters From 2006-2014

A total of 53 piracy cases have been reported in the country’s waters involving the Straits…

Two tankers load oil at eastern Libyan ports

A tanker bound for Italy was loading 600,000 barrels of oil at the Libyan port of…

13 people missing after ship sinks off Taiwan

Thirteen people are reported missing after a cargo ship sank off Taiwan on Monday and are…

President-elect Buhari excites maritime industry stakeholders

Maritime industry stakeholders are excited over the triumph of General Muhammadu Buhari in the March 28,…