Crude tanker market hit hard by OPEC cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ (OPEC)…

2016 busy year for scrapping, says Clarksons 

2016 was a busy year for global ship recycling, especially when it comes to boxships and…

U.S. Coast Guard wraps up hearing in El Faro Probe

U.S. investigators stood in silence for 33 seconds on Friday as they concluded the public phase…

Iraq to invest in large tanker fleet

Iraq has set sights on creating a large fleet of modern oil tankers to transport the…

Hong Kong port Jan container volumes up 3.5%

After almost two years of consecutive monthly declines throughput at the Port of Hong Kong saw…

Expansion works start at Virginia International Gateway

The marine container terminal Virginia International Gateway (VIG) has launched a USD 320 million expansion project…

One dead as petrol tanker crushes car, tricycle

A tanker on Sunday crushed a Toyota Camry car belonging to a couple and a tricycle…

Full CBN statement from CBN on new forex policy

In a bid to increase the availability of Foreign Exchange to ease the difficulties encountered by Nigerians…

Tsekelewu community warns NPDC against alleged drilling operations in Delta

The people of Tsekelewu community in Egbema Kingdom, Warri North Local Government Area of Delta State,…

NAF to produce liquid oxygen for combat aircraft

In a drive to ensure it produces the essential equipment needed for the prosecution of the…

Experts query appointment of distressed Arik Air MD as Aero Contractors CEO

Aviation industry experts and other stakeholders have queried the propriety of appointing Captain Ado Sanusi, immediate…

Onitsha tanker fire destroys 13 buildings, 16 vehicles, 3 filling stations – NEMA

The National Emergency Management Agency (NEMA) has said a total of 13 buildings, 16 vehicles and…