ExxonMobil’s Q3 earnings rise to $4bn

Higher oil prices significantly boosted ExxonMobil’s third-quarter earnings, more than offsetting the hit to operations from…

Octopus Grip: Navy to deploy ships, patrol boats against maritime crimes in Bayelsa, Delta

  The Central Naval Command of the Nigerian Navy says the command would soon commence riverine…

FEC okays 2018 draft budget

The Minister of Budget and Planning, Senator Udoma Udoma, says the Federal Executive Council (FEC) has approved the…

Malabu Oil: FG recovers $85m; EFFC fails to present Etete, Adoke in court

By Jite Eriabie The inability of the Economic and Financial Crimes Commission (EFCC) to present former federal ministers,…

Russian helicopter crashes at sea

Jite Eriabie  A Russian helicopter with eight people on board crashed at sea in Norway’s Svalbard…

Vessel operating costs to rise in 2017, 2018

By Jite Eriabie Vessel operating costs are expected to increase in both 2017 and 2018, according…

DP World reveals plans to develop Jeddah Port

By Jite Eriabie Dubai-based port and terminal operator DP World has unveiled plans to develop Saudi Arabia’s…

China shipbuilders see 9% rise in new orders in first nine months

By Jite Eriabie Chinese yards saw new orders pick up in the first nine months of…

Cosco Shipping Ports Q3 volume up 17%

By Jite Eriabie Cosco Shipping Ports saw third quarter throughput rise 16.6% to 23.10m teu from…

Passengers travelling to U.S. to now be interviewed during check-in

Agency Report  US-bound travellers will face security interviews before checking in to flights at a number…

FG to hands-off role in oil sector

  The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said there are plans by government to…

257 more Nigerians deported from Libya

By Jite Eriabie  At least 257 Nigerians were returned from Libya on Tuesday night. The deportees touched down…