Troubled offshore services firm Swiber Holdings has received claims of around $99m as at 4 August,…
Category: News
Malaysia announces big tax incentives for shipyard industry
Malaysia has unveiled a generous new tax incentive scheme to help boost its shipbuilding industry, local…
August import volume set to rise in US container ports
An increase in cargo import cargo volume at major retail container ports in the US is…
BREAKING: New militant group blows up pipe line in Delta
A new militant group, Niger Delta Greenland Justice Mandate, which threatened to blow up oil installations…
Protesters storm Chevron facility in Delta, demand better jobs
Hundreds of protesters stormed a Nigerian facility owned by Chevron on Wednesday demanding better jobs and…
Shell declares force majeure on gas supply to NLNG
Shell Petroleum Development Company of Nigeria Ltd has declared force majeure on gas supply to the…
Customs impounds 18 vehicles with smuggled rice in Ogun
The Nigeria Customs Service (NCS), Ogun Area Command, has impounded 18 vehicles loaded with bags of…
Satellite photos reveal Chinese military build-up on disputed South China Sea Islands
Satellite photographs taken in late July show China appears to have built reinforced aircraft hangars on…
Oil slides lower on oversupply woes
Oil prices extended losses on Wednesday after industry data showed a rise in US crude stockpiles,…
Cosco buys 51% stake in Piraeus Port
China’s port operator Cosco Group (Hong Kong) Limited has officially acquired a 51 percent stake in…
UK takes action against modern slavery at sea
The government of the United Kingdom has decided to tackle substandard working conditions at sea by enforcing…
Import exchange rate increase: port users criticise strike action
While some clearing agents are beating the drums of war and threatening to shut down the…