Oil major Shell has exercised a $1bn cash purchase option for a SBM Offshore majority-owned FPSO…
Author: Ships & Ports
Denmark bolsters efforts to sniff out sulfur polluters
Danish Environmental Protection Agency (EPA) has hired a compatriot startup company Explicit to monitor ships’ sulfur…
Air Zimbabwe to sack 200 workers
Loss-making Air Zimbabwe is cutting half of its 400 jobs as part of a restructuring plan…
Sealink to gain $12m from charter, divestments
Some life seems to be slowly returning to the Malaysian offshore market with Sealink announcing contracts…
Evergreen vessel, others rescue seafarers
The officers and crew of Evergreen Line’s containership EVER DIADEM joined forces with another ship to…
Maltese Boxship Grounds off New Caledonia
The newly-built Maltese-flagged containership Kea Trader ran aground off New Caledonia, the ship’s AIS data shows. The…
U.S. oil lures India as arbitrage opens up
A type of U.S. crude pumped in the Gulf of Mexico is proving to be more…
Oil thieves bag 20 years, weep in court
The Federal High Court in Calabar, Cross River State, on Tuesday sentenced two petroleum dealers to 20 years’…
Osinbajo flies to London, meets ailing Buhari
The Acting President on Tuesday left Nigeria for London, United Kingdom, where he was scheduled to…
Fashola soft pedals, seeks peace with lawmakers
The Minister of Power, Works and Housing, Babatunde Fashola, says he cannot fight members of the…