South Korea’s Daewoo Shipbuilding & Marine Engineering Co. has launched another downsizing program ahead of additional…
Category: News
Canadian ports set to take market share from US counterparts
The debacle at the US west coast ports last year has presented an opportunity for Canadian…
UK ports detain 3 foreign flagged vessels in November
Three more foreign flagged vessels were detained in UK ports during November 2016 after failing Port…
Shanghai maritime court orders firm to pay ship crew
Shanghai Maritime Court has ordered the owner of the crude oil tanker Amba Bhakti to pay…
Korea’s ‘Big 3’ shipbuilders suffering from delayed offshore plant deliveries
Korea’s “Big 3” shipbuilders are suffering from a curse of low oil prices. They are suffering…
VLCCs rates set to slide ahead of holidays
Freight rates for very large crude carriers (VLCCs), which are hovering close to the multi-month highs…
Petrol tanker explosion kills 14 in Niger
A petrol tanker skidded off the road and exploded in central Nigeria, killing at least 14…
OPEC to meet non-OPEC producers on December 10
The Organisation of the Petroleum Exporting Countries (OPEC) will on December 10 meet with non-OPEC countries…
NDLEA arrests one for trafficking codeine
The National Drugs Law Enforcement Agency (NDLEA) in Adamawa says it has detected new modes of…
Kaduna Refinery offers skills training to 100 unemployed youths
The Kaduna Refinery and Petrochemical Company (KRPC) on Friday began the training of 100 unemployed youths…
Nigeria, Morocco to sign 15 bilateral agreements
Nigeria and Morocco are set to sign fifteen bilateral agreements. The King of Morocco, King Mohammed…
Sanusi advises Buhari to jettison $30b loan plan
The Emir of Kano, Sanusi Lamido Sanusi Friday kicked against plans by President Muhammadu Buhari to…