Canadian Oil firm, COPL has acquired 80% of the share capital of Essar Exploration and Production…
Category: News
Boskalis taking 24 vessels out of service
Dutch marine contractor Boskalis announced Monday that it is moving ahead with its plan to take…
How Nigeria Police freed 15 kidnapped oil workers
Nigerian police have rescued 15 employees of oilfield service company Nestoil who were abducted in…
Archeologists find 2,000-year-old skeleton at Mediterranean shipwreck site
Archeologists have discovered a 2,000-year-old human skeleton at the same Mediterranean shipwreck that yielded the…
EU appoints NAVTOR for autonomous vessel project
The European Union (EU) has appointed NAVTOR to represent the maritime industry in its multi-transport sectoral…
Global container terminal operators opt for mergers for growth, risk mitigation
Global container terminal operators are rapidly changing their strategies in the face of current stormy economies…
Nigeria government slams $635m charges on Agip, Total over undeclared cargoes
Cash strapped Nigeria’s Federal Government is demanding $635 million from two multinational oil companies, Agip and…
Stakeholders fume as NIMASA squanders N289bn in 7 years
Accusing fingers are pointing to the Nigerian Maritime Administration and Safety Agency (NIMASA) as constituting the…
Nigeria Customs most corrupt agency in the world – NAGAFF
National Association of Government Approved Freight Forwarders (NAGAFF) has said that by conduct the Nigeria Customs…
Vehicle imports into Nigeria has gone down by 60% – PTML Boss
Despite the harsh reality of current operational environment, Nigeria’s biggest RoRo port operator, PTML is navigating…
Nigerian shipping fleet as viable economic diversification option
By Samson Echenim As the federal government mulls possible options to reposition the economy, analysts have suggested that…
Second Hanjin vessel arrested in Canada, another struggles to dock in the US
Problems continue to mount for bankrupt Hanjin Shipping in North America even if some of its…