Chevron North Sea Limited has cancelled its order for a Floating Production Storage Offloading (FPSO) unit…
Category: News
Alphaliner: 2M deal hurts HMM’s chances of growth
A “strategic cooperation” agreement between Hyundai Merchant Marine (HMM) and the 2M vessel sharing alliance comprising Maersk…
China shipbuilding figures shrink in first 11 months
China’s shipbuilding figures posted declines in the first 11 months of this year over the year-ago…
Shipowners ask European Commission to revise directive on seafarers
European Community Shipowners’ Association (ECSA) and European Transport Workers’ Federation (ETF) are requesting the European Commission…
Greek shipowner Nikolaos Frangos dies age 90
One of Greece’s best know shipowners, Captain Nikolaos “Nicos” Frangos died on Sunday aged 90. Father…
Mediterranean ports unite behind Southern Gateway Alternative
Ports from around the Mediterranean coast have agreed to form a specific organisation to promote the…
NYK to jointly own LNG vessel with Kepco
Japan’s Nippon Yusen Kaisha (NYK) has agreed to jointly own a LNG carrier with compatriot Kansai…
Maersk Supplier and Maersk Seeker sold
As part of Maersk Supply Service’s recently announced divestment plans, Maersk Seeker and Maersk Supplier have…
Buhari: Capital budget will spur economic growth
President Muhammadu Buhari says the size of the 2017 capital budget reflects the government’s determination to…
President Buhari’s full budget speech
Read full text of President Buhari’s speech at the presentation of the 2017 budget SPEECH OF…
2017 Budget: NASS to pass 11 bills to revamp economy
The Senate President, Dr Bukola Saraki, says that the National Assembly has listed 11 economic reform…
OPEC expects non-members to increase oil output in 2017
OPEC said Wednesday it expects some non-cartel producers to ramp up production next year, encouraged by…