After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on Tuesday, according…
Category: News
Baltic index rise on stronger capesize, smaller vessel demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities,…
Australia records first LNG bunkering operation
Australia’s EVOL LNG is claiming the first LNG bunkering operation in Australia with the successful Truck-to-Ship…
Margrethe Maersk becomes largest ship to call Vietnam
Margrethe Maersk, an ultra large container vessel (ULCV) owned by Danish shipping giant Maersk Line, called…
Panel clears DP World of charges in Djibouti port dispute
DP World has been cleared of all charges of misconduct in connection with the award of…
Nigeria, South Korea trade volume fall on investors’ confidence
South Korea says the volume of trade between it and Nigeria has dropped from $4.5bn about…
N304.1m fraud: Court admits video evidence in Jauro’s trial
The Federal High Court in Lagos on Tuesday admitted in evidence a video clip showing how…
Court dismisses ex-NIMASA DG’s no–case submission
The Federal High Court in Lagos on Tuesday dismissed a no-case submission made by a former…
Fashola seeks extra 3,000MW with Niger Delta peace
The Minister of Power, Works and Housing, Babatunde Fashola SAN has advocated peace, especially in the…
ExxonMobil fires additional 89 workers in Nigeria
U.S. oil major ExxonMobil has laid off additional 89 workers in a gale of retrenchments that…
FRSC records noticeable decrease in crashes on Lagos-Ibadan expressway
Barley three weeks into the enforcement of the speed limit device, the Federal Road Safety Corps…