China EximBank extends $3.6bn loan to 11 Chinese yards

The Export-Import Bank of China last Friday agreed to extend ship financing loans worth RMB21.8bn ($3.6bn)…

ICS issues guidance for large-scale rescues in the Med

The International Chamber of Shipping (ICS) has published Guidance on Large Scale Rescue Operations at Sea,…

Algeria to boost LNG shipments to Asia as sales to Europe drop

Algeria, Africa’s largest natural gas producer, has expanded capacity to ship the fuel on tankers and…

IMO Council agrees recommendations to reduce administrative burdens

The Governing Council of the International Maritime Organisation (IMO) at its 113th session has agreed on…

Shippers’ Council boss, Hassan Bello says concession has improved port operation

“There are investments [at the ports] and things have improved since concessioning. There have been transformation…

Fuel queues return as marketers shun import allocation

Fuel queues resurfaced strongly and unexpectedly within the Lagos metropolis yesterday as motorists waited long hours…

Customs debunks arms importation claim

The Nigeria Customs Service (NCS) has denounced claim by the Director General, National Task Force on Illegal…

Apapa Traffic: Tanker drivers urge motorists, residents to be patient

As Yuletide approaches, which has increased the gridlock in the Wharf end of the Apapa-Oshodi Expressway,…

Kwankwaso commends NPA on economic development of Kano

Governor of Kano State, Dr. Rabiu Musa Kwankwaso has commended Nigerian Ports Authority (NPA) for its…

PTML customs generates N7.9bn in November

The Ports and Terminal Multi-services Ltd Command of the Nigeria Customs Service (NCS) at Tin-Can Island,…

Oil companies compete for right to obtain local drilling technology

A bidding race has started among multinational oil giants for patent right for “Optiwell”, a made-in-Nigeria drilling…

Total sells its GTT stake to Temasek

Oil and gas major Total has entered into a deal to sell its entire remaining stake…