Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by the…
Category: News
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…
Navy: How we defeated pirates, oil thieves on Lagos waters
The Nigerian Navy (NN) has attributed the decrease in maritime crimes around Lagos waters to the…
FG urges NUPENG, PENGASSAN to shelve planned strike
The Federal Government has advised NUPENG and PENGASSAN to shelve their planned strike over the alleged…
OPEC may freeze production over prices
Members of the Organisation of Petroleum Exporting Countries (OPEC) on Friday met in Vienna for talks…
$2.6bn Badagry Deep Seaport will boost economic growth
Lagos State Governor, Akinwunmi Ambode on Thursday expressed optimism that the $2.6bn Badagry Deep Sea Port…