Embattled Ezra Holdings has filed for Chapter 11 bankruptcy in the US on Saturday, together with…
Category: News
Giant boxships pose risks that are not being discussed
There are numerous risks of technical nature not being considered when opting to construct the ever-bigger…
Somali piracy risk still high, warns UN
The hijacking of a tanker off Somalia’s coast shows the threat pirates still pose to one of…
Russian freighter lists in Norwegian Sea
Russian-flagged cargo ship Mekhanik Fomin developed a heavy portside list while underway in the Norwegian Sea west…
Shipping industry likely to use gas oil from 2020
Faced with an array of choices to comply with a global cap of 0.5% sulfur emissions…
Saudi Arabia asks U.N. to supervise Yemen port
A Saudi-led coalition fighting in Yemen called on Sunday for the United Nations to place a…
DP World profits up 28% at $1.13bn in 2016
The Dubai-based global port operator DP World has announced stronger than expected financial results, having achieved…
FG’ll borrow more to meet infrastrutural obligation-Adeosun
Minister of Finance, Kemi Adeosun says based on the situation at hand, the Federal Government would have…
NDDC to contractors: Return to site within 30 days or face prosecution
The Niger Delta Development Commission (NDDC) has given contractors handling its projects across the Niger Delta…
Nigerian govt commends Dangote Cement for self-sufficiency feat
The Federal Government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement…
$406.8m suit: FG to amend statement of claims against Shell
A Federal High Court in Lagos on Monday granted leave to the Federal Government to amend…