In an effort to meet the needs of mega ships entering into the global fleet, APM Terminals has decided…
Category: News
Evergreen slips to Q1 loss of $118m
Taiwan’s main carrier Evergreen Marine saw its first quarter results sank into the red amid challenging…
Iran tanker company to revamp fleet
National Iranian Tanker Company (NITC) plans to overhaul its fleet and build new oil tankers with…
When is a contract for the sale of goods not a contract for the sale of goods?
The sudden insolvency of OW Bunker & Trading A/S in 2014 continues to vex ship owners…
Navy recovers two boats, several kegs from vandals
Operatives of the Nigerian Navy Ship (NNS) BEECROFT have recovered two wooden boats and several kegs,…
Niger Delta Avengers threaten ‘bloody’ attack on Chevron workers, gives firms two weeks to quit
Niger Delta Avengers, the militant group responsible for the recent destruction of pipeline and oil facilities…
Earnings from oil revenue down to 35 per cent, says AGF
Nigeria currently earns only 35 per cent of what it used to earn from oil, the…
Container kills 1, injures 2 in Lagos
The Lagos State Emergency Management Agency (LASEMA) yesterday advised haulage companies to put in place adequate…
We have powers to create free zones, says OGFZA
The Oil and Gas Free Zones Authority (OGFZA) has said it has the statutory power to…
New fuel price: We are disappointed – TUC
The Trade Union Congress of Nigeria (TUC) said yesterday that government never consulted them on the…
Oil price falls from 2016 high
Oil prices fell Thursday on profit-taking, after New York crude reached the highest level this year…
CMA CGM takes NOL stake to over 10%
CMA CGM now owns 10% of takeover target Neptune Orient Lines (NOL) as open share buys…