World oil prices rebounded sharply last week on signs producers may still agree to limit output…
Category: News
Photo: Vice President Yemi Osinbajo welcoming the Managing Director of Grimaldi Agency Nigeria Limited, Ascanio Russo
Vice President Yemi Osinbajo welcoming the Managing Director of Grimaldi Agency Nigeria Limited, Ascanio Russo and…
Shipping should adopt emissions cut pledge, shipowners tell IMO
The International Chamber of Shipping (ICS) has told the International Maritime Organisation (IMO) that the shipping…
Suez Canal access channel officially opened
A new 8.5km channel allowing large container vessels 24/7 access to APM Terminal’s Suez Canal Container…
DP World in UK management restructure after Southampton buyout
Further to the announcement in November 2015 of DP World emerging sole owner of DP World…
Maersk, Vale secure space at Ningbo-Zhoushan
Chinese Ningbo-Zhoushan port and shipping conglomerate A.P. Møller Mærsk Co have signed an agreement to expand cooperation…
US proposes inspection of all cargo going in and out of North Korea
The United States has tabled a draft UN Security Council resolution, backed by China, that, if adopted,…
Royal Caribbean lawsuits over nightmare cruise into storm
Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently…
Seadrill to address $10bn debt in first half of 2016
Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen,…
Pirates free foreign sailors seized off Nigeria
Niger Delta oil rebels have freed five foreign hostages seized last month off the coast of Nigeria,…
Sambo Dasuki approved fund transfers at NIMASA – Witness
The Federal High Court in Lagos yesterday heard that the presidency, through the ex- National Security Adviser,…
Reps threaten to issue arrest warrant against Customs boss
The House of Representatives on Wednesday expressed displeasure at the non-appearance of the Comptroller-General of Customs, Hameed…