BIMCO: Ordering ramping up in H1 is not what industry needs

The newbuild activity for the first half of 2017 has surpassed the same period last year…

Singapore arrests tanker Ocean Mare 

The 2006-built crude oil tanker Ocean Mare has been arrested in Singapore, most likely due to…

Nigerians react to Buhari’s Eid-el Fitr speech delivered in Hausa 

Many Nigerians have continued to react to the voice message said to have been released by President Muhammadu…

Buhari administration will unite Nigerians – Osinbajo

Nigeria’s Acting President, Yemi Osinbajo, has said that the Muhammadu Buhari administration would do everything to…

Ex-VP Atiku Abubakar: None of us is as great as all of us

The number one problem plaguing Nigeria is not corruption or even the absence of regular power.…

140 killed in fuel tanker explosion

A fuel tanker wrecked in eastern Pakistan on Sunday, and as villagers converged to collect fuel…

Petroleum Industry Governance Bill ‘seriously flawed’, fails local communities – Group

A civil society organization, Social Development Integrated Centre, Social Action, has described the Petroleum Industry Governance…

Japan’s big three lines to engage South African authorities over container merger rejection

The big three Japanese lines will engage with the Competition Commission of South Africa to review…

Abu Dhabi Ports inks deal to run Fujairah Port

Abu Dhabi Ports (ADP) has signed a 35-year concession agreement to develop, manage and operate Fujairah…

VLCC rates may edge up on floating storage, August charters

Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered…

Fashola’s claims on 2017 budget ‘mischievous, misleading’ – Reps

The House of Representatives has described the statement of the Minister of Works, Power and Housing,…

‘Customs officers don’t issue debit notes on discretion’

Comptroller Mohammed Uba is the Controller, Federal Operations Unit, Zone A, Nigeria Customs Service. He was…