The Seme Area Command of the Nigeria Customs Service (NCS) said it generated N10.5billion into…
Category: News
Iran capitalizes on OPEC oil cut to sell millions of barrels stored at sea
Iran has sold more than 13 million barrels of oil that it had long held on…
Ningbo Zhoushan port inks deal for 20 projects
China’s Ningbo Zhoushan Port (NZP) has entered into a CNY 127 billion (USD 18.3 billion) agreement which…
Samsung Heavy bags US$1.27 bln deal for offshore facility
Samsung Heavy Industries Co., a major shipyard here, said Thursday that it has won a US$1.27…
Canada rules out Arctic drilling extensions for Exxon and BP amid moratorium
The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil Corp., BP…
Malaysia containership collision owners to pay $223,565 clean-up bond
Each of the owners of Wan Hai 301 and the APL Denver involved in the collision…
Oak Spirit delivers first US LNG to Japan
Oak Spirit, a liquefied natural gas (LNG) carrier, delivered the first cargo produced in the contiguous United…
Winner of maritime essay competition says ‘I am overwhelmed’
A young architect, Sarafadeen Mayowa Bello has emerged best overall winner of the 2016 Ships &…
NEPZA approval ramps up Maritime Africa Economic City
The Nigeria Export Processing Zones Authority (NEPZA) has granted license to Nigeria’s largest and most ambitious…
Past govts extravagant spending caused economic recession – former Minister
A former Minister of Land, Housing and Urban Development, Chief Nduese Essien, has attributed the current…
Fire destroys property, goods at Lagos Island market
A seven-storey building known as Brazas Plaza, located at the Balogun market extension in Lagos Island,…
Importation of drugs remains banned, says FG
The federal government says drugs, and other pharmaceutical products, are prohibited from being imported into Nigeria,…