Bezos’s $500m superyacht begins sea trials

  Billionaire Jeff Bezos 417-foot superyacht Koru left a shipyard in the Netherlands last Wednesday and…

Nigeria exported $252m worth of raw cashew in 2022 — NEPC

  The Nigerian Export Promotion Council (NEPC) said the country exported USD252 million worth of raw…

Ship piracy hits 30-year low in Q1

    Reported piracy incidents in the first quarter 2023 were at the lowest Q1 figures…

Death toll from migrant boat disaster off Tunisia rises to 25

    Tunisia’s coastguard has recovered 15 more bodies of migrants, bringing the death toll from…

IMO’s Kitack Lim ‘deeply concerned’ about resurgence of piracy in GoG

  Secretary-General of the International Maritime Organization (IMO), Kitack Lim on Wednesday issued a statement stating that…

FEC approves 10 years concession for towage service at Lekki port

  The Federal Executive Council (FEC) has approved the appointment of a company known as Alcuff…

Governor Diri seeks partnership with navy to end crude oil theft

  The Governor of Bayelsa State, Douye Diri, has urged the Nigerian Navy to collaborate with…

Ten people die in migrant boat accident off Tunisian coast

  At least 10 people died and more than 30 are still missing after a boat…

Germany to review China stake in Hamburg port terminal

  Germany is reviewing its decision to allow China’s Cosco to take a stake in one…

Nigerian Navy intensifies effort to locate ship hijacked in Gulf of Guinea

  The Nigerian Navy said it is intensifying operations through the Maritime Domain Awareness for Trade…

Navy arrests 27 vessels, destroys 294 refinery sites in one year

  The Eastern Naval Command of the Nigerian Navy on Tuesday said it had arrested 27…

IMF retains Nigeria’s 3.2% economic growth projection

  The International Monetary Fund (IMF) has retained Nigeria’s 3.2 percent economic growth projection for 2023…