A sharp increase in steel prices has prompted a new wave of vessel scrapping, bringing the…
Category: News
Hanjin Shipping leaves behind massive debt trail
Following Hanjin Shipping’s bankruptcy, the rate of debt recovery for unsecured creditors is expected to be close to…
Abu Sayyaf ‘likely’ behind Vietnam freighter attack
Filipino militants were likely behind an attack on a Vietnamese cargo ship in which one crew…
Mississippi ports eye Cuba, sign agreements in Havana
The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye…
ICS publishes latest flag state performance table
The International Chamber of Shipping (ICS) has published its latest Flag State Performance Table comparing the…
PHOTOS: See the exotic cars seized from ex-CG of Customs, Dikko
The Economic and Financial Crimes Commission, EFCC, on Wednesday announced the recovery of 17 exotic vehicles…
Court freezes Stella Oduah’s accounts over $16m debt
The Federal High Court in Lagos on Wednesday restrained Senator Stella Oduah, along with Sea Petroleum…
Reps probe scarcity, price hike of cooking gas
The House of Representatives in Abuja on Wednesday mandated its Committee on Gas Resources and Petroleum…
EFCC recovers 17 vehicles from ex-CG of Customs, Abdullahi Dikko Inde.
The Economic and Financial Crimes Commission (EFCC), has recovered seventeen exotic vehicles in a warehouse…
Breaking: Major pipeline explosion rocks Rivers community
A major pipeline explosion has occurred around Eveko community near Rumuji in Emuoha LGA, Rivers state…
NNPC says no more product import by 2019
The Nigeria National Petroleum Corporation (NNPC) on Wednesday said it planned to rehabilitate, revamp and upgrade…
Youths, rice sellers’ protest paralyse activities in Sango-Ota
Human and vehicular traffic along Abeokuta-Lagos Expressway has been halted by rioting youths and rice sellers…