Japan’s big three shipping groups, K Line, MOL and NYK, have announced an integration of their…
Category: News
Singapore mulls financial aid for struggling marine sector
The Singapore government is considering whether to help the city-state’s marine and offshore engineering (M&OE) sector,…
Indonesia resumes coal shipments to Philippines amid piracy concerns
Indonesia will resume some shipments of coal to the Philippines, a government official said on Sunday,…
Samsung Heavy swings to profit
One of South Korea’s biggest shipbuilders, Samsung Heavy Industries (SHI), has seen its net income surge…
International Chamber of Shipping commends IMO initiative on CO2 reduction
The International Chamber of Shipping (ICS) has applauded the agreement reached last Friday by the International…
PortMiami wins USD33m in future state grants
A total of USD33 million in state grants have been allocated to US East Coast PortMiami…
BIMCO says dry bulk market still in terrible condition
Despite better demand side conditions on the “road to recovery” for the dry bulk shipping industry,…
Firm to develop major oil storage terminal in Adriatic
Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil…
Why NNPC is not pumping petroleum products through System 2B Network
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday gave reasons for non-pumping…
Irregularities: NIMASA official cries out, says ‘highly placed’ persons want to kill him
The Head of Maritime Environment, Nigeria Maritime Administration and Safety Agency (NIMASA), Cross River state, Auta…
Japanese shipping companies to merge container operations
Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest shipping…
Troops invade shrine of Niger Delta militants, arrest ‘chief priest’
Troops of Operation Delta Safe, a military outfit in the Niger Delta, have arrested the chief…