Containership’s transit sets new Panama Canal record

The OOCL France has set a new record as the largest ship to transit the expanded Panama Canal…

Baltic Dry Index sinks to lowest level since March

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

Seadrill names new CEO as debt talks progress 

  Seadrill Ltd. jumped as much as 26 percent as the offshore driller controlled by John…

Vessel calls from Oakland to Southeast Asia up by 50% 

The Port of Oakland has assumed a more prominent role in Southeast Asian trade, the port’s…

Ex-NNPC GMD, Andrew Yakubu, gets permission to travel abroad

The Federal High Court, Abuja, on Wednesday granted Andrew Yakubu, former Group Managing Director of the…

PENGASSAN seeks autonomy for refineries, commends Buhari

Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have called on federal government to…

Ban on overland rice import remains – Customs

The Nigeria Customs Services (NCS) insists the ban on rice import over land borders remains in…

West Africa Crude: New tanker berths at Nigeria’s Forcados, overhang weighs

Spot trade of light, sweet grades was limited with an overhang of Nigerian crude from the…

Oil marketer jailed 21 years for stabbing partner to death

Justice Raliat Adebiyi of the Lagos High Court, Ikeja, on Wednesday sentenced an oil marketer, Abubakar…

Navy beats NPA, sails into Maritime Cup final

  Nigerian Navy this afternoon defeated Nigerian Ports Authority (NPA) 2-1 to book a place in…

PHOTOS: See pictures of the many guns seized by Customs in Lagos

UK deports 35 Nigerians for immigration offences

The Government of the United Kingdom on Wednesday deported 35 Nigerians for committing immigration-related offences in…