Mediterranean Shipping Company (MSC) has signed a 35-year concession agreement with Ivory Coast’s second port of…
Author: Ships & Ports
China is behaving like a ‘bully’ in South China Sea: McCain
Republican U.S. Senator John McCain said on Tuesday, China is behaving like a “bully” with its…
One missing after tug sinks in Gulf of Mexico
Three people were rescued and one crewmember is reported missing after a tug sank in the Gulf…
Custom impounds N6.8m worth of rice
The Nigeria Customs Service, Western Marine Command, (WMC), on Tuesday said its officers seized 941 bags…
Baltic Dry Index continues downward spiral
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell…
Carnival to hire 4,500 Italian crew members
Italian cruise liner company Costa Group and its parent Carnival Corporation revealed plans to hire approximately 4,500…
MOL boxship reduces CO2 emission with new energy-saving windshield
Japan’s Mitsui OSK Lines (MOL) has completed an in-service demonstration test of a wind resistance-reducing windshield…
Frontline first quarter profit plunges 65.8%
Frontline has posted a sharp 65.8% year-on-year fall in first quarter profit on the back of…
Cyprus moving towards a second fuel storage terminal
Discussions between the Cyprus Organisation for Storage and Management of Oil Stocks (KODAP) and the European…
Norway bolsters oil industry defenses against foreign takeovers
Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen…
Top quotes of the day
“I thought that the first defendant, being a pastor, will not defraud me. I thought that…
INTELS Managing Director, Gabriele Volpi bags Rivers State award
The Government of Rivers State on Saturday conferred the prestigious Distinguished Service Star of Rivers State…