The International Maritime Bureau (IMB) has joined other maritime organisations in expressing concern over the decision…
Author: Ships & Ports
Illegal bunkering: JTF adopts non-combatant approach
The Joint Task Force code named Operation Pulo Shield has embarked on non-combatant approach in its…
Shipowners’ association advocates new mode of sale of crude oil
The Nigerian Indigenous Shipowners Association (NISA) yesterday urged the Federal Government to change its transaction of…
Jonathan says 2015 will be tough for Nigeria
President Goodluck Jonathan, yesterday, previewed 2015 politically and economically and returned a grim verdict: It may…
OPEC members’ earnings to drop by $121 billion over sliding oil prices
The U.S Energy Information Administration (EIA) has estimated that members of the Organization of the Petroleum…
Palm oil producers seek withdrawal of 75% import duty waiver
Local palm oil and vegetable producers in the country have demanded that the Federal Government withdraw…
Two drown, four missing after ships collide off Italy
Two people drowned and four were missing at sea and feared dead after two merchant ships…
Libya begs Italy for help on oil tank fires
Libya has called on Italy to send fire fighters to prevent a fire spreading out of…
Hundreds trapped as ferry burns in heavy seas off Greece
Italian and Greek helicopter crews worked into the night to airlift passengers off a burning ferry…
Panama Canal expansion consortium claims additional cost overruns
The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost…
Saudi budget assuming $80 crude seen as belief in market rebound
Saudi Arabia’s 2015 budget is probably assuming an oil price of $80 a barrel, and will…
First quarter of 2015 ‘ll be rough for businesses, economy
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said that that…