The Brazilian port of Santos faces a new wave of strikes as backroom financial auditors for…
Category: News
Hanjin vessel sitting off Canada for months set to dock in Vancouver
A container vessel that spent months sitting off Canada’s west coast due to the collapse of…
BIMCO says ship demolition activity rising again
Global demolition activity increased by 16% in the first nine months of 2016 in comparison to the…
Royal Caribbean heading toward record earnings
Miami-based cruise line operator Royal Caribbean Cruises’ adjusted net income increased to USD 690.9 million in the…
Iran Shipping Lines sees business back to normal in 2017
Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by the…
Singapore can meet demand for 0.5% sulphur fuel in 2020, but at higher price
Singapore, the world’s largest bunkering port, is unlikely to face a bunker fuel supply crunch come…
NIMASA assures stakeholders of safety standards in maritime industry
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has assured stakeholders…
Benue begins construction of N38bn cargo airport
Gov. Samuel Ortom of Benue on Saturday flagged off the construction of a N38 billion cargo…
Shippers’ Council expresses readiness to partner ICS on capacity building
The Nigerian Shippers’ Council has expressed its readiness to partner with the Nigerian Chapter of Institute…
Petrobras cancels 17 tanker orders
The transportation unit of Brazil’s state-controlled oil company Petrobras said on Thursday that it planned to…
Fuel import consumes 30% of Nigeria’s forex – Adeosun
The Minister of Finance, Mrs Kemi Adeosun, on Friday said that 30 per cent of the…
FG records N2trn loss to militancy, pipeline vandalism in 2016
The Nigerian National Petroleum Corporation (NNPC) said from January 2016 till date, government lost 7 billion…