Indonesia will continue to see rising fuel demand forcing the country to import refined fuel, even…
Category: News
Baltic Dry Index reaches new 2016 high
The Baltic Dry Index (BDI) jumped by 26 points and reached 1,257 points on November 18, marking…
India eyes development of new ports
India is looking to develop a number of new and small ports for commercial shipping transportation,…
Nigerian executed in Singapore
Chijioke Obioha, a 38-year-old Nigerian, has been executed in Singapore after being found guilty of drug…
CMA CGM stays in red, pays back NOL takeover loan
CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in…
11 ships discharging petroleum products in Lagos
Eleven ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports…
NIMASA calls for proper regulation of maritime industry
The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said that if…
FG begins exploration of non-oil minerals in Bayelsa
The Federal Government has commenced a programme to identify and explore other mineral resources besides crude…
DSS arrest 40 in Kano Bureau de change raid
Operatives of the Department of State Security (DSS) on Friday in Kano raided Bureau de change…
Buhari inaugurates boards of NNPC, others
President Muhammadu Buhari on Friday inaugurated the boards of the Nigerian National Petroleum Corporation (NNPC) and other parastatals.…
1.2m metric tonnes of poultry products smuggled into Nigeria annually
The Poultry Association of Nigeria (PAN) has given 1.2million metric tons as the estimated volume of…