Oil prices rise over fall in U.S. crude inventories

Crude oil prices rose for a second day on Wednesday after data showed U.S. crude inventories…

EU prepares $20bn retaliatory tariffs on U.S. goods

The European Commission is drawing up a list of $20 billion of U.S. goods to hit…

Dangote arranges $4.5bn financing for oil refinery

Aliko Dangote, Africa’s richest man, has arranged more than $4.5 billion in debt financing for his…

Spain picks up 500 migrants at sea in one day

Spanish rescue services on Tuesday said they had rescued nearly 500 migrants from the Mediterranean in…

Katsina refinery to be completed in 2021 – Kachikwu

The proposed private sector financed oil refinery in Mashi, Katsina State will be completed in 2021,…

ISPS Code: NIMASA shuts Heyden, Waziri, NIPCO jetties, 2 others

The Nigerian Maritime Administration and Safety Agency (NIMASA) has shut down five operating jetties, saying the…

K-Line car carrier grounded off Sweden

A K-Line car carrier ran aground off Loftahammar, Sweden on Monday morning, causing some hull damage but no…

Port of Savannah handles record 4.2m TEU in one year 

  The Port of Savannah handled record 4.2 million twenty-foot equivalent containers (TEU) in its 2018…

17 seafarers abandoned off Iran

A total of 17 seafarers were abandoned on Kish Island, Iran, some for more than a…

DP World container volumes up 5% in H1

A continued upswing in global trade saw DP World reporting 4.8% growth in gross container volumes…

EU offers to shoulder cost of taking in migrants 

The European Commission offered on Tuesday to shoulder the cost of taking in migrants from boats…

Magistrate courts in Apapa suspend sitting over fear of riot

The Chief Judge of Lagos State, Hon Justice Opeyemi Oke has ordered the courts in the…