EFCC arraigns four for $10,000 oil scam

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned the trio of Emmanuel Onubogu, Onyeka Godday…

Again world Customs Organisation harps on trade facilitation

To aid trade, build capacity and ensure ease of doing business at the ports, the World…

NNPC denies spending $9m on NAPIMS staff transfers

The Nigerian National Petroleum Corporation (NNPC) on Tuesday denied spending $9 million on staff transfer of…

Ijaw group hails FG’s directive for oil companies to relocate to N/Delta

The Ijaw Professionals Association (IPA) has described as a step in the right direction, the Federal…

Presidential committee begins ‎gas export plans to Morocco

The Chairman, Presidential Committee on Fertiliser Initiative, Muhammed ‎Abubakar on Tuesday disclosed plans by the Federal…

China wields new power in shipping

The Financial Times reported that Chinese leasing companies have recently taken ownership of hundreds of vessels…

Algeria to start work on $3.3bn deepwater port

Work is set to begin on El Hamdania port in Algeria following the government approval for…

North Korean ship sinks off China

A North Korean cargo vessel called Kum San sank off the east coast of China early…

US Federal Maritime Commission sets up regulatory reform taskforce 

The US Federal Maritime Commission (FMC) is setting up a regulatory reform task force in line…

Clarksons reports profit dip

Amid challenging shipping markets, London-based provider of integrated shipping services Clarkson PLC (Clarksons) recorded a profit…

Banks agree to delay Seanergy’s loan payments

Marshall Islands-incorporated dry bulk owner and operator Seanergy Maritime Holdings Corp. has obtained waiver and deferral…

Port of Helsinki opens new terminal

Finnish Port of Helsinki opened West Terminal 2, a new terminal designed for fast scheduled ferries,…