Sanusi advises Buhari to jettison $30b loan plan

The Emir of Kano, Sanusi Lamido Sanusi Friday kicked against plans by President Muhammadu Buhari to…

Vice President Osinbajo condemns Nigeria’s quota system, insists on merit

Vice President Yemi Osinbajo has identified the importance of merit in giving reward and said that…

Indian moves to paperless customs operation

Cargo clearance at Indian seaports and airports would now be quicker as Customs authorities eliminate most…

Daewoo Shipbuilding to cut 22% of workforce in another restructuring plan

South Korea’s Daewoo Shipbuilding & Marine Engineering Co. has launched another downsizing program ahead of additional…

Canadian ports set to take market share from US counterparts 

The debacle at the US west coast ports last year has presented an opportunity for Canadian…

UK ports detain 3 foreign flagged vessels in November

Three more foreign flagged vessels were detained in UK ports during November 2016 after failing Port…

Shanghai maritime court orders firm to pay ship crew

Shanghai Maritime Court has ordered the owner of the crude oil tanker Amba Bhakti to pay…

Korea’s ‘Big 3’ shipbuilders suffering from delayed offshore plant deliveries

Korea’s “Big 3” shipbuilders are suffering from a curse of low oil prices. They are suffering…

VLCCs rates set to slide ahead of holidays

Freight rates for very large crude carriers (VLCCs), which are hovering close to the multi-month highs…

Petrol tanker explosion kills 14 in Niger

A petrol tanker skidded off the road and exploded in central Nigeria, killing at least 14…

OPEC to meet non-OPEC producers on December 10

The Organisation of the Petroleum Exporting Countries (OPEC) will on December 10 meet with non-OPEC countries…

NDLEA arrests one for trafficking codeine

The National Drugs Law Enforcement Agency (NDLEA) in Adamawa says it has detected new modes of…