IMO Council agrees recommendations to reduce administrative burdens

The IMO Council, meeting for its 113th session, agreed on a number of recommendations for action…

China EximBank earmarks USD 3.6 bln for Chinese yards

Driven by the desire to back the consolidation of the country’s shipbuilding industry the Export-Import Bank…

ICS responds to migrant crisis with guidelines for large scale rescue operations at sea

In response to the continuing crisis in the Mediterranean, necessitating commercial ships to rescue tens of…

Denmark pays up to suspected pirates

Nine suspected Somali pirates have received 19,600 Danish crowns (USD 3,247) each in compensation from Denmark…

Siphoning confidence: Piracy and fuel theft

A statistical increase in the number of attacks on shipping has fed concerns that piracy is…

Customs withdraws N2bn DN claim against Stallion Motors

The Nigeria Customs Service (NCS) has issued orders for the reversal of the “erroneous” demand made by the …

Oil subsidy rose from N300bn to N2.3tn under Jonathan in six months – Amaechi

Governor Chibuike Amaechi of Rivers State has lashed at the federal government for mismanaging the fuel…

Navy hands over 12 suspected oil thieves to NSCDC

Twelve suspected oil thieves were yesterday handed over to the Nigerian Security and Civil Defence Corps…

Tin-Can Island port customs collects N22.3bn revenue in November

The Tin-Can Island Port Command of the Nigeria Customs Service (NCS) said yesterday in Lagos that it collected…

61 ships with containers, petroleum products expected in Lagos

Sixty-one ships laden with containers, foods and petroleum products are expected in Lagos ports from Dec.…

Oil slump: FG pledges to protect the economy

The Federal Government yesterday vowed to protect the economy from any external shock that might arise…

Spain abandons sea search for 20 missing migrants

Spanish rescue teams on Monday said they had called off their search for over 20 migrants…