Pakistan’s navy is no longer part of the counterpiracy Combined Task Force (CTF) that operates in…
Author: Ships & Ports
Panama Canal sets new annual tonnage record
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1…
Buhari signs new Executive Order on offshore assets tax
The Muhammadu Buhari administration is stepping up the regulations on money laundering and tax evasion…
Manufacturers: Nigeria loses N1bn weekly to steel smuggling
The Galvanized Iron and Steel Manufacturers Association (GISMA) has said that the Federal Government was losing…
South Korea to bail out distressed shipping companies
South Korea’s state-run company Korea Ocean Business Corp (KOBC) has revealed its intentions to support financially…
Hong Kong unveils incentives for maritime sector
Hong Kong chief executive Carrie Lam announced a raft of incentives and measures for the maritime…
9 dead, 25 missing as migrant boat sinks
Nine people died after a boat filled with migrants sank off the western coast of Turkey…
NLNG spends N1.2bn on scholarship in 20 years
The Nigeria Liquefied Natural Gas (NLNG) on Wednesday said that it has spent a whooping sum…
P&O ship master charged for sulphur limit violation
The U.S. Master of P&O operated cruise ship “Azura” is currently facing unprecedented charges brought against…
US crude exports to China dropped to zero in August – BIMCO
In August, no US seaborne exports of crude oil to China were recorded. A massive change…
FG proposes N24,000 as new minimum wage
The Federal Government has said after consultations it proposed N24,000 as the new minimum wage for…