Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects…
Author: Ships & Ports
United Arab Shipping Company targets new markets as it sets its eye on expansion
In order to increase its geographical footprint across the globe and expand its business, the UAE-based…
Nine missing after Chinese ship sinks off Japan
A search is underway for nine missing crewmembers from a Chinese-flagged ship which sank Tuesday in…
EU condemns Russian arrest of Lithuanian fishing vessel
The European Union has appealed to Russian authorities demanding the immediate release of Lithuanian fishing boat Juros…
MOL to restructure Asia-South Africa service
Japan’s Mitsui OSK Lines (MOL) will restructure its existing Asia to South Africa liner services into…
Iranian oil minister calls on OPEC to prevent price slide
Iranian oil minister Bijan Zanganeh has urged OPEC members to “make joint efforts” to keep oil…
Singapore Shipping Association studying creation of local war risk mutual
The Singapore Shipping Association (SSA) is pushing for greater development of the city state’s maritime insurance…
Russian grants ports international status
The Russian government has confirmed the international status of all Russian seaports including the Republic of…
Nigeria loses N78bn to crude, petroleum products theft in one year
Nigeria lost N77.87 billion worth of crude oil and other petroleum products in 2013, the Nigerian…
Clearing agent docked over N410,000 fraud
A 36-year-old clearing agent, who allegedly obtained N410,000 on the pretext of assisting an importer clear…
Oil marketers abuse rules, overload tankers
Oil marketers in the country are exploiting loopholes in the regulation of their business to overload…
FG grants $250m import duty waiver to salt coy
Determined to attract Foreign Direct Investment (FDI) and develop the country’s minerals and metals sector, the…