U.S. Navy decommissions world’s first nuclear-powered aircraft carrier

The U.S. Navy has decommissioned the world’s first nuclear powered aircraft carrier, USS Enterprise (CVN 65),…

Analyst predicts Maersk will enjoy bumper 2017

Ahead of the Maersk Group 2016 annual report due today, analyst Jefferies has predicted a substantial…

Uncertainty looms over Pakistani shipbreaking yards

The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for…

Panama Canal breaks monthly tonnage record

In January 2017, the Panama Canal set a new monthly tonnage record of 36.1 million Panama…

U.S. probes sunken condition of sunken ship 

The U.S. investigation into the deadly sinking of a cargo ship during a 2015 hurricane entered…

DP World handled more containers in 2016 

DP World has announced a 2.2% increase in gross container volumes across its worldwide portfolio on…

Australian port records higher cargo volume in January 

Australia’s Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 52.3 million tons (mt)…

Singapore buyer sets China’s ship auction record online at $14 million

A Singapore buyer has won an auction for a ship belonging to bankrupt Nantong Mingde Heavy…

Workers’ diligence prerequisite to railway revival-Official

The ongoing efforts of the federal government to revive railways in the country required workers of…

Power sector was sold to clueless investors, says Saraki

Senate President Bukola Saraki on Tuesday criticised how the power sector was privatised, saying it was…

Nigeria will stop fuel importation by 2019 – Kachikwu

Nigeria will stop importing refined petroleum products by 2019, the Minister of State for Petroleum Resources,…

Abuja Airport closure will not exceed 6 weeks, Amaechi insists

In a bid to address any doubt of the duration of the closure of the Nnamdi…