Oil rose to six-month high near $50 per barrel on Tuesday boosted by investors demand for…
Category: News
FG pays oil marketers outstanding N48.2b subsidy arrears
The Minister of Finance, Kemi Adeosun, on Tuesday said the Federal Government has paid the N48.2…
Lagos spends N36bn to avert ocean surge
The Lagos State Government yesterday disclosed that it has committed N36 billion to proffer lasting solution…
Niger Delta community laments attacks on Agip pipeline
A gas pipeline belonging to the Nigerian Agip Oil Company (NAOC) at Ogbembiri in Southern Ijaw…
Forecast: Industry will need almost 150,000 more seafarers by 2025
Unless seafarer training levels are increased significantly, the growth in demand for seafarers could generate a…
Striking Brazilian seafarers face forceful removal from vessels
Military personnel may be used to forcibly disembark striking Brazilian seafarers from vessels operated by Transpetro, a…
Cruise ship passenger safety in focus after woman falls overboard from Carnival Liberty
Cruise ship passenger safety is once again in focus following a man overboard incident on a…
Drewry cautions new container alliance
“Alliances are only as stable as their member carriers,” was maritime consultant Drewry’s first comment on…
Container shipping fleet set to cross the 20m teu capacity mark in June – Bimco
The container shipping fleet ended 2015 with a total capacity of 19.7million TEU. Although fleet growth…
Bourbon gas shipping foray hits financing delay
Bourbon has delayed its $320m foray in ethane shipping from parent Jaccar Holdings as it takes…
Swedish dockworkers proceed with strike despite mediation
The Swedish Dockworkers’ Union has decided to move forward with the strike at APM Terminals Gothenburg scheduled to…
Obasanjo to FG: Think out of the box, don’t use govt funds to set up national carrier
Former President, Olusegun Obasanjo has advised the Federal Government against using funds from government coffers to…