Crude tanker rates to further drop in 2018

By Jite Eriabie  Following a sharp decline in crude tanker freight rates seen during 2017, the…

Slave Trade: AU to investigate sale of migrants In Libya

By Jite Eriabie  The AU said on Tuesday it had launched an investigation into the sale…

Search continues for Argentina’s missing submarine

By Jite Eriabie   Rescuers searching for an Argentine navy submarine that went missing in the South…

Liberia scores a win for shipping in Brazilian court

By Jite Eriabie   The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has…

EgyptAir expects a profit this year

By Jite Eriabie  EgyptAir will swing to a profit this year, buoyed by an increase in…

South Africa eyes BRICS partners to build $10bn refinery

By Jite Eriabie   South Africa wants the national oil companies of its BRICS partners to help…

I’m under ‘tremendous pressure’ to establish national carrier – Buhari

  President Muhammadu Buhari on Monday said he was under tremendous pressure from some prominent Nigerians…

Amaechi, others woo diplomats for IMO Council seat

  The Federal Government has disclosed interest to be elected into the Council of International Maritime…

Nigeria kicks over ‘sudden burial’ of 26 female migrants by Italy

By Jite Eriabie  The Federal Government says it is amazed and shocked over the sudden burial of…

Reps summon Agip, others over breach of contract

  For an alleged breach of contract with an indigenous remediation company, the House of Representatives…

CBN injects $210m into FX market 

As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for…

Nigeria’s economy grows 1.4 percent in third quarter, says NBS

The National Bureau of Statistics (NBS) says that Nigeria recorded a Gross Domestic Product (GDP) growth rate of 1.4…