The 2006-built crude oil tanker Ocean Mare has been arrested in Singapore, most likely due to…
Category: News
Petroleum Industry Governance Bill ‘seriously flawed’, fails local communities – Group
A civil society organization, Social Development Integrated Centre, Social Action, has described the Petroleum Industry Governance…
Japan’s big three lines to engage South African authorities over container merger rejection
The big three Japanese lines will engage with the Competition Commission of South Africa to review…
Abu Dhabi Ports inks deal to run Fujairah Port
Abu Dhabi Ports (ADP) has signed a 35-year concession agreement to develop, manage and operate Fujairah…
VLCC rates may edge up on floating storage, August charters
Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered…
Pollution problem in the Niger Delta
In the heady days of fiery quest for independence from the colonial masters spearheaded by the…
What is your take on Customs plan to reduce the time it takes for import and export procedures?
It is a welcome development but my fear is that the political will to carry it…
Keeping seafarers sane
By Michael Grey “Seafarers required – preference will be given to stolid, pragmatic anti-social candidates who…
Brazil starts inspection of old vessels
Brazil has introduced a new inspection requirement in its ports, following a number of recent…
FG to sanction non-complying MDAs over Executive Order policy
The Federal Government has issued further directives to Ministries, Departments and Agencies (MDAs) on the full…
West Africa Crude: HPCL buys Nigerian, but diffs under pressure
An excess of light sweet crude continued to threaten Nigerian crude prices, though the reliability of…
Nigeria’s investor and black market FX rates near convergence
The rates at which Nigeria’s naira currency was traded in the investor foreign exchange window and…