$60m cocaine seized off Tasmania

Ten men have been charged and 186 kilograms of cocaine worth seized from a 50-meter commercial…

US, Canada to phase out heavy fuel oil in Arctic

The United States and Canada are moving closer to phase out the use of heavy fuel oil…

Hanjin Shipping to sell Long Beach terminal stake to MSC

Bankrupt Hanjin Shipping is selling its 54% stake in a Long Beach container terminal to the…

Shipping faces threat from EU unilateral levy on carbon emissions

The shipping industry faces the threat of paying a levy to the European Union on its…

Traffic resumes after bulker grounds in Bosphorus

The 52,980 dwt bulk carrier Star Harmony ran aground in the Bosphorus Strait in the area of…

Oil optimism back as Norway predicts bottom is behind us

The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in…

Gunmen kidnap Customs officer in Lagos

Gunmen have kidnapped a Nigerian Customs Service (NCS) Officer in Festac, Amuwo Odofin, Lagos. The officer identified…

PHOTOS: Finally, Lake Rice lands in Lagos

  Finally, the much anticipated LAKE RICE, on Wednesday released by the Lagos State Governor,  Akinwunmi…

Consultation ongoing on $30bn loan – Presidency

The Presidency on Wednesday said top level consultation had been initiated between the Executive and Legislative…

Recession: Investment inflow shrinks by $4.5bn in nine months

The level of investments inflow into the country recorded a huge decline of $4.51bn from the…

Finally: Ambode releases Lake rice

Lagos State Governor, Akinwunmi Ambode and his Kebbi State counterpart, Alhaji Atiku Bagudu on Wednesday released…

Fresh oil spill hits Ibeno communities in Akwa Ibom

Fresh oil spills suspected to emanate from American giant oil facility- ExxonMobil have hit more than…