Shipping confidence hits new record low in Moore Stephens survey

Shipping confidence has hit fresh lows in the latest Moore Stephens survey, reaching 5.0 to of…

Philippines releases seized North Korean ship

North Korean cargo ship M/V Jin Teng has been released by the Philippine authorities after being held in…

Chinese bulk carrier arrested in Singapore

The Chinese-flagged bulk carrier Rui Ning 1 was detained in Singapore, most likely due to unresolved payments,…

South Korea’s seaport records drop cargo volume

Cargo processed at South Korean seaports edged down from a year earlier in February, due mainly…

Customs impounds ship over illegal operation

Operaives of the Eastern Marine Command, Nigerian Customs Service (NCS) have impounded an oil tanker, MT AFRICAN…

Peterside vows to make Nigeria hub of maritime activities in Africa

The new Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has…

NCDMB, IOCs tour LADOL, commend firm over $3.8bn Egina FPSO project

Journey into full realization of the $3.8 billion Egina Floating Production Storage and Offtake (FPSO) oil…

Court adjourns trial of Akpobolokemi, others till April 18

A Federal High Court in Lagos yesterday fixed April 18 for continuation of the trial of…

Photo: Dr. Dakuku Peterside taking over the reigns of office from Haruna Jauro

Dr. Dakuku Peterside (right) taking over the reigns of office from Haruna Jauro as Director-General of…

Soldiers destroy illegal crude oil farm in Abia

Soldiers from 144 Battalion, under 14 Brigade Ohafia, Abia State have destroyed illegal crude oil reservoirs…

Nigeria’s crude oil earnings drop by 40.3%

Nigeria’s earnings from crude oil resources have dropped from N16,304.0 billion recorded in 2014 to N9,728.8…

Missing U.S. Navy tug found off California after 95 years

A U.S. Navy tug missing since 1921 has been discovered sunk off San Francisco, California, officials…