A total of 826 Nigerians stranded in Libya, en route Europe, voluntarily returned from the North African…
Category: News
Cargo ship sinks with 10 Turkish crew in Black Sea
A cargo ship sank in the Black Sea off Istanbul on Wednesday and a search and…
Buhari announces plan to appoint more ministers
President Muhammadu Buhari on Tuesday announced that he plans to expand the Federal Executive Council, an…
Nigeria improves to 145th position in World Bank’s “Doing Business” report
Vice President Yemi Osinbajo has said that he is delighted at the World Bank’s latest “Doing…
Woman bags 10 years jail for cocaine trafficking
A Federal High Court in Lagos, on Tuesday convicted and sentenced a 56 year-old woman, Modinat…
Armed pirates board tanker off Indonesia
By Jite Eriabie Five pirates armed with knives boarded an oil tanker, identified as GP T2, on…
MOL records 18% drop in first half profit
By Jite Eriabie Japan “big three” shipowner Mitsui OSK Lines (MOL) reported a half-year net profit…
FG rakes in N797bn VAT revenue in 10 months
The Minister of Finance, Kemi Adeosun, on Tuesday in Abuja disclosed that revenue from Value Added…
K Line books H1 profit
By Jite Eriabie Japanese shipping company Kawasaki Kisen Kaisha (K Line) has posted a profit of JPY…
Canadian introduces law on wrecked, abandoned vessels
By Jite Eriabie The Canadian Government has introduced legislation that would add additional pressure on shipowners…
Half of 2017 new orders stuck in shipyards
Some 50% of the newbuilding orderbook due to be delivered this year is yet to do…