Abductors of two Turkish expatriates in Akwa Ibom have demanded N200 million to release them.…
Category: News
Pirates attack Panamanian tanker in Gulf of Aden
A Panamanian-flagged oil tanker Alheera was rescued by Chinese Navy from a pirate attack on Saturday…
US military chopper makes ‘hard landing’ in Maryland
A US military helicopter made a “hard landing” in the US state of Maryland on Monday,…
Politicians will manipulate 2018 census figures – Dogara
Speaker of the House of Representatives, Yakubu Dogara, warned on Monday that figures could be manipulated…
Newbuild orders at Chinese yards nosedive
China’s shipbuilding industry has experienced a 25.4 percent plunge in newbuilding orders during the first three months…
‘Shipping industry in much better place than 12 months ago’
The shipping industry, in particular dry bulk and containers, has seen a marked improvement over the…
Cargo volumes rise at Port of Los Angeles
Californian Port of Los Angeles has seen its volumes increase by 10 percent in the first…
Two die in Taiwan shipyard accident
Two workers have died at Taiwan’s CSBC shipbuilding site in Kaohsiung on Saturday while they were…
Daewoo Shipbuilding bondholders accept bailout plan following pension fund agreement
South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval for…
Iran commissions new gas projects at giant offshore field
Iran, holder of the world’s biggest natural gas reserves, boosted output by inaugurating six projects at…
Drewry: Bigger ships to continue pressuring freight rates
Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in…
DP World, Port of Fujairah end concession deal
Dubai-based port operator DP World and the Port of Fujairah have reached an agreement to terminate…