New policy for privatised enterprises coming —BPE

The Bureau of Public Enterprises (BPE) is developing a new policy that will attract additional private…

ExxonMobil, Shell Nigeria suffer biggest oil output decline

Mobil Producing Nigeria Unlimited and Shell Petroleum Development Company of Nigeria Limited recorded the biggest decline…

Colombia moves toward salvaging treasure from 300-year old ship 

Colombia is making progress towards salvaging a Spanish galleon carrying jewels and coins that sank more…

U.S. lifts flight electronic ban on Qatar, 2 others

Qatar on Thursday became the third nation on a list of eight Muslim-majority countries, where ban…

UK arrests seven new foreign-fagged ships 

Seven more foreign flagged vessels were detained in UK ports during June 2016 after failing Port…

EU urges NGOs rescuing migrants to work closely with Libya coastguard

EU interior ministers on Thursday discussed ways of ensuring that private rescue boats working off Libya…

Hong Kong seizes largest ivory haul in 30 years

Authorities in Hong Kong this week made their largest haul of contraband ivory in more than…

Group seeks legislation backing fair treatment of seafarers

London-based Seafarers Rights’ International (SRI) has called on governments to look at ways to implement locally-binding…

UAE asks abandoned sailors to sue employers

Sailors abandoned by their companies must take their employers to court, the chief of UAE’s Federal…

Bangladesh scrapping tax likely to be postponed

The attempt to reverse the recently imposed 15% value added tax (VAT) on ships being sent to Indian ship-recycling…

Myanmar to explore deep seaport potential

The topic of Myanmar’s port development will be discussed at the 15th ASEAN Ports & Shipping…

COSCO Shipping expects first-half profit on improving market

China’s COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million)…