Shipowners get two-year reprieve for ballast water convention

Shipowners have been given a two-year reprieve on the retrofitting of ballast water treatment systems as…

COSCO Shipping to buy OOCL for $6.3bn 

COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd (OOIL) for HK$49.23…

Egypt bans Qatari vessels from entering Suez Canal ports

Egypt has banned all Qatari vessels from entering the Suez Canal Economic Zone in line with…

Shell to spend $1bn a year on clean energy

Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its…

Iranian tanker company says oil shipments to Europe increasing

NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily…

US container ports brace for busiest months ever

July and August should be two of the busiest months ever seen for imports at US…

India starts building LNG import terminal in Dhamra

India has taken a step toward increasing seaborne imports of liquefied natural gas (LNG) as the…

IMO to look into ban on heavy fuel oil in Arctic shipping

The International Maritime Organiation (IMO) has agreed to take steps toward a ban on the use…

VIDEO: See Nigerian airport roof leaking water

It is a big shame as store owners at the Murtala Mohammed International Airport battled to…

How ex-NIMASA DG, others stole N754m-EFCC

An EFCC investigator, Chukwudi Orji, has revealed how a former Director-General of NIMASA and five other staff…

Oil prices near $44 as investors weigh Nigerian output caps

Oil traded near $44 a barrel as investors weighed the likelihood and potential effectiveness of Libya…

FG to complete Lagos-Ibadan standard gauge rail Dec 2018 – Ameachi

The Minister of Transportation, Rotimi Ameachi, said that Federal Government would ensure the completion of the…