Senators lament containers abandoned at Ikorodu terminal for 10 years 

The Senate has decried the abandonment of overtime cargoes worth billions of naira at the Ikorodu Lighter…

40 per cent of imported electrical, electronic appliances substandard – SON

The South-West Regional Coordinator of the Standard Organisation of Nigeria (SON), Bose Kehinde, has said that…

2016 migrant death toll in Mediterranean nears 4,000 – IOM

Almost 4,000 migrants, including an unspecified number of Nigerians have died so far this year while…

Oando says attacks in Niger Delta hits Joint Venture output, revenue

Nigeria’s largest indigenous oil and gas firm, Oando Plc said pipeline attacks in the Niger Delta…

Nigeria’s gas deposit can last 20 generations   

The Community Relations Officer, Nigeria Gas Processing and Transportation Company (NGPTC), MAntaih Violin, on Tuesday said…

Privatising refineries’ll lead to job loss – NUPENG

The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, Lagos State chapter, has kicked against…

Senate rejects Buhari’s plan to take $30bn loan

The Senate today unanimously threw out plans by President Muhammadu Buhari to engage in external borrowing…

12 dead, scores injured in huge blast at Pakistani shipbreaking yard 

  At least 12 Pakistani workers were killed and more than 50 injured on Tuesday after…

Bunker prices to rise by $200 per tonne due to new IMO sulphur cap  

Bunker prices could jump by more than $200 a tonne “overnight” when the new International Maritime…

Cruise season kicks off with fanfare in South Africa 

  The South African 2016/17 cruise season began yesterday with the arrival of the first international…

Moore Stephens foresees rise in ship operating costs  

Vessel operating costs are expected to rise in both 2016 and 2017, with repairs, maintenance and spares…

South Korea earmarks $9.8bn to drive shipbuilding orders 

The South Korean government is prepared to spend KRW11.2trn ($9.8bn) by 2020 by placing shipbuilding orders…