NCDMB calls for local content beyond oil and gas

The Nigerian Content Development and Monitoring Board (NCDMB) has called for diversification of focus on Nigerian…

SON decries Nigerians’ obsession for foreign goods

The Standards Organisation of Nigeria (SON) has deplored the high preference for foreign products, noting that…

NDLEA intercepts record N4b ephedrine haul at Murtala Muhammed International Airport

The National Drug Law Enforcement Agency (NDLEA) has disclosed that it has intercepted the largest ever…

Oil prices soar to $58 on global output cut deal

Oil prices shot up over four percent to their highest level since 2015 early on Monday…

IMF chief Christine Lagarde in negligence trial in France

IMF chief Christine Lagarde has gone on trial in France for negligence over a compensation payment…

Worker dies at Bangladeshi shipbreaking yard

A worker died while dismantling German container ship Viktoria Wulff at Arefin shipbreaking yard in Chittagong, Bangladesh,…

Panama to host World Maritime Day in 2017

Panama will celebrate next year the centennial of its Ship Registry and from 1 – 3…

MUST READ: Maersk Line, HMM statements on 2M ‘strategic cooperation’

South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with…

Rickmers confirms sale of 7-year-old containership

Singapore shipping trust Rickmers Maritime has confirmed that it is selling a 7-year-old panamax containership to pay down…

Navy breaks up protests at Sri Lanka port 

The Sri Lanka Navy was called in on Saturday, December 10, to intervene and free two…

Standard Club warns of thefts from vessels outside Tianjin port

The Standard Club has warned shipowners about thefts from vessels in North eastern Chinese ports over…

Norway oil investment gloom seen lasting several more years

Norway’s oil and gas sector faces another two years of falling investment as the industry’s downturn…