France said on Wednesday it would nationalise the STX France shipyard if Italy does not accept…
Category: News
Seadrill again on the verge of bankruptcy, extends $14bn debt talks
Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday…
South Africa arrests woman for smuggling rhino horn
South African police Wednesday arrested a 24-year-old woman with 20 kilogrammes of rhino horn before boarding…
Groups to fight piracy in Asia
Asia’s piracy watchdog ReCAAP and Oil Companies International Marine Forum (OCIMF) have signed a Memorandum of Understanding (MOU)…
COSCO acquisition of OOCL still faces ‘degree of uncertainty’
Cosco Shipping Holdings resumed trading on the Shanghai Stock Exchange (SSE) today, more than two months…
Suez Canal extends containership rebates to year end
The Suez Canal Authority has further extended rebates for containerships from ports of the East Coast…
Polish port handles record transshipments
Polish Port of Gdansk Authority recorded the best result in its history in terms of transshipments during the…
Soldiers rescue abducted oil workers, kill Boko Haram insurgents
Troops of the Operation Lafiya Dole in collaboration with volunteer vigilante youth group (Civilian JTF) on…
Nigeria’s oil policy aims to diversify as “era of oil booms” ends
Nigeria said it will cut its oil exploration costs and move away from reliance on export…
EFCC recovers N328.9bn from Conoil, Total, 7 others
The Economic and Financial Crimes Commission (EFCC) says it has recovered a total of N328.9 billion…
Woman, 24, arrested for rhino horn smuggling
South African police Wednesday arrested a 24-year-old woman with 20 kilogrammes of rhino horn before boarding…