A U.S. Navy destroyer carried out a “freedom of navigation operation” on Thursday, within 12 nautical…
Category: News
HK shippers welcome exclusion of discussion agreements from liner exemption
The Hong Kong Shippers Council says it welcomes the territory’s Competition Commission’s decision to grant a…
US Coast Guard frees detained ship after 10 months
Having been detained for the last ten months, the 5,900 dwt tanker Asphalt Trader departed Baltimore…
OPEC output rises in July
Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed…
Osinbajo, ministers hold retreat on 2018 budget, ERPG
Acting President Yemi Osinbajo, other members of the Federal Executive Council (FEC), Permanent Secretaries and heads…
Niger Delta agitators threaten to resume bombing
A coalition of Niger Delta agitators on Thursday threatened to resume bombing of oil installations in…
West Africa Crude: Nigerian oil to sail west, but arbitrage in question
Strong refinery margins kept demand elevated, enabling several more Nigerian cargoes to trade. But gains in…
Toy boats, jetskis: African migrants take new risks for better life in Europe
African migrants are seeking a cheaper and easier path to Europe with a rising number setting…
Fifty-five more migrants feared drowned after being forced from boat off Yemen – U.N. agency
Some 180 young Ethiopian and Somali migrants, many weakened by hunger and drought in their home…
Oil climbs to $53 as Saudi Arabia promises further cuts
Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness…
Navy: Over 2,000 intakes undergoing naval training
The Nigerian Navy says it is currently training over 2,000 new intakes to support other security…
OPEC sees higher 2018 oil demand, points to easing glut
OPEC forecast higher demand for its crude in 2018 on Thursday due to rising global consumption,…