Philippine forces rescue cargo ship from pirates

The Philippine Coast Guard and Navy have thwarted a pirate attack on a freighter off Zamboanga…

Port of Antwerp posts best first quarter result ever

Belgium’s Port of Antwerp reported that the quarter ended March 31 was its busiest first quarter…

Ship demolition prices retreat as recyclers adopt more cautious approach to the market

Ship owners who were holding off a potential sale of their older ships for scrap, looking…

Guatemala welcomes largest boxship to date

The 8,600 TEU CSAV Traiguen has become the largest containership to call a Guatemalan port when…

Swiber fails to redeem $114m bond issue

Bankrupt Singapore offshore company Swiber Holdings has failed to redeem a SGD160m bond issue. Swiber, which…

First Alaska fast response cutter enters service

The Coast Guard’s newest fast response cutter, Coast Guard Cutter John F. McCormick, officially entered the…

ABS breaks ground on new global headquarters building

Classification society ABS has broken ground on a new global headquarters in Houston. The 10-storey, 326,800…

West Africa Crude: Sonangol allocates its June term cargoes

Angolan state oil company Sonangol was finalising its allocations of June-loading cargoes to term buyers on…

NCAA investigates Aero Contractors over aircraft smoke

The Nigerian Civil Aviation Authority (NCAA), has begun investigation into the smoke in an Aero Contractors…

IMF endorses Nigeria’s economic recovery plan

The International Monetary Fund (IMF) on Wednesday backed the Economic Recovery and Growth Plan (ERGP) released…

Militants back in Ogun riverine communities – Amosun

Ogun State Governor, Ibikunle Amosun, on Wednesday raised the alarm that militants have returned to the…

Malabu: Reps summon of Jonathan disrespectful, naked overzealousness —NAF

A group, the Niger Delta Advancement Front (NAF) Wednesday, berated the House of Representatives, over its…