China is behaving like a ‘bully’ in South China Sea: McCain

Republican U.S. Senator John McCain said on Tuesday, China is behaving like a “bully” with its…

One missing after tug sinks in Gulf of Mexico

Three people were rescued and one crewmember is reported missing after a tug sank in the Gulf…

Custom impounds N6.8m worth of rice

The Nigeria Customs Service, Western Marine Command, (WMC), on Tuesday said its officers seized 941 bags…

Baltic Dry Index continues downward spiral

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell…

Carnival to hire 4,500 Italian crew members

Italian cruise liner company Costa Group and its parent Carnival Corporation revealed plans to hire approximately 4,500…

MOL boxship reduces CO2 emission with new energy-saving windshield

Japan’s Mitsui OSK Lines (MOL) has completed an in-service demonstration test of a wind resistance-reducing windshield…

Frontline first quarter profit plunges 65.8%

Frontline has posted a sharp 65.8% year-on-year fall in first quarter profit on the back of…

Cyprus moving towards a second fuel storage terminal

Discussions between the Cyprus Organisation for Storage and Management of Oil Stocks (KODAP) and the European…

Norway bolsters oil industry defenses against foreign takeovers

Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen…

West Africa Crude: Nigerian diffs under pressure, Angolan trades slowly

There was downward pressure on Nigerian crudes, particularly as India’s BPCL opted for non-West African oil…

Cocoa export: Africa has been doing a stupid thing since 1863- Adesina

  President of Africa Development Bank (AFDB), Akin Adesina, says Africa has been doing a stupid thing…

Reps want NSA, DSS to probe importation of illegal firearms

The House of Representatives has called on the president to direct National Security Adviser (NSA), Babagana Monguno; Lawal Daura,…