Japanese carrier K Line back in profit; MOL in red 

Japanese shipping company, K Line delivered a net profit of JPY 10.4 billion for the fiscal…

UK releases report of ship grounding in UAE

The UK Marine Accident Investigation Branch (MAIB) has released its report into the groundings of the…

Senate orders NNPC to refund N216bn illegal subsidy

By Omotilewa Quadri  The Senate has declared the current payments by the Nigerian National Petroleum Corporation…

Five migrants die off Morocco

Five migrants have died trying to cross the Mediterranean, the Spanish coastguard said Thursday after rescuing…

2019 elections: Nigeria’s petrol imports hit record high

In a bid to avoid shortages ahead of the 2019 presidential elections, about 1.5 million tonnes…

Eni executive takes leave of absence over corruption allegations

An executive of Italian oil major Eni, Roberto Casula, who is being investigated over corruption allegations,…

Spain eyes HQ of EU piracy mission amid Brexit planning 

Spain looks set to take charge of the European Union’s anti-piracy operation off Somalia despite a…

Spain seizes 8.7 tons of cocaine at Algeciras port 

Almost nine metric tons of cocaine was found by Spanish authorities in a container carried by…

Houthi rebels seize 19 oil ships in Yemen

Houthi forces in Yemen are said to be holding 19 oil vessels in the area of…

Chinese traders sell U.S. sorghum imports at sea

A ship carrying 70,223 tonnes of sorghum from the United States to Asia switched its destination…

U.S. tariffs: EU begins monitoring of aluminium imports

  The European Union official journal said on Thursday that the bloc has started monitoring imports…

Panama Canal increases maximum beam for ships using Neopanamax locks

The Panama Canal Authority has announced it will increase the maximum allowable beam for vessels in…