The first shipment of crude oil to an overseas buyer from the United States has departed…
Category: News
Expert seeks promotion of maritime training
A former Rector of the Maritime Academy of Nigeria, Oron, Engr. Olu Akinsoji on Saturday urged…
Bumi Armada secures $1.2bn financing for Angola project
Bumi Armada has secured financing for its Armada Olombendo project offshore Angola, the company said in…
MAN hails government’s import substitution policy
The President, Manufacturers Association of Nigeria (MAN), Dr. Frank Jacobs has commended the Federal Government for…
Govt must establish courts to fight sub-standard products, says SON DG
The Director-General of Standards Organisation of Nigeria (SON), Dr. Joseph Odumodu, has said the fight against sub-standard…
‘Survival of the fittest for commodities shipping firms in 2016’
Shipping companies that transport commodities such as coal, iron ore and grain face a painful year…
Buhari dashes importers’ hope on forex policy reversal
Importers of the 41 select items barred from the official foreign exchange market by the…
Global container volumes decline in the third quarter
Growth in container shipping demand is at its lowest level since 2009 with volumes at…
No N117bn rice scam petition before Senate yet —Anyanwu
The Chairman, Senate Committee on Ethics, Privileges and Public Petitions, Senator Samuel Anyanwu, said yesterday…
Migrants taking sea route to Europe top one million in 2015, says UN
More than one million refugees and migrants braved the seas in 2015 seeking sanctuary in…
Shell terminates Transocean rig contract
Transocean has been hit by a rig contract termination from oil company Shell. The harsh…
One Dead, two injured after wave hits North Sea drilling rig
One person has died and two others were injured on Wednesday after a large wave…