Don’t sell Port Harcourt refinery through the backdoor, Rewane tells FG

Renowned economist, Bismarck Rewane, has urged the federal government to ensure that privatisation of the Port…

50kg of cocaine seized aboard ship in Colombia

Colombian Navy and Police have seized 50 kilograms of cocaine hydrochloride transported on board a Panama-flagged…

Singapore rated as leading maritime capital of the world

The third edition of “The Leading Maritime Capitals” report was launched at Sea Asia in Singapore.…

Ex-militants urge Osinbajo to wade into arrears of unpaid stipends

Niger Delta ex-militant leaders, Thursday, implored the Acting President Yemi Osinbajo to consolidate the Federal Government’s…

Armed pirates attack Navig8 tanker in Gulf of Oman

Armed pirates aboard a skiff attacked an oil tanker underway in the Gulf of Oman on…

U.S. calls off search for missing crew member

The U.S. Coast Guard on Thursday suspended its search for the missing crew member of the Crosby…

Bumi Armada’s Q1 net profit more than doubled

Bumi Armada got off to a good start with its net profit in the first quarter…

Trafigura to hire 32 new tankers

Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude…

HHI values orderbook at $3.8bn in five months 

South Korea’s Hyundai Heavy Industries (HHI) announced that it has landed orders to build 62 ships…

Baltic Dry Index falls to lowest Level in three months 

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped…

Top quotes of the day

“If you help others move forward you will find help.”   Acting President Yemi Osinbajo.  …

Senate amends Customs law, CG’s appointment now subject to lawmakers’ confirmation

The Senate on Wednesday passed the Nigeria Customs Service Management Act (Repeal and Re-enactment) Bill, 2017.…