For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With…
Category: News
COSCO, China Shipping merger to result in new company, says Regulator
China Ocean Shipping Group Co (COSCO) and China Shipping Group Co will become a new entity…
Hyundai Heavy Industries targets $19.5bn in orders in 2016
Hyundai Heavy Industries Co Ltd said on Monday it is plans an order target of $19.5…
Marine Surveying institute celebrates its Silver Jubilee
The International Institute of Marine Surveying (IIMS), the leading wordlwide professional body for the marine surveying…
LCCI predicts economic woes in Q1
The Lagos Chamber of Commerce and Industry (LCCI) has raised the fears that non-adjustment of the…
MAN seeks review of forex ban on raw materials
The Manufacturers Association of Nigeria (MAN) has charged the Minister of Agriculture, Chief Audu Ogbeh, to…
Navy arrests 16 crude oil thieves in Delta
Officials of the Nigerian Navy on Friday in Oteghale community, Warri-South Local Government Area of Delta…
22 oil vandals jailed in Rivers
The Rivers State command of Nigerian Security and Civil Defense Corps (NSCDC) has said 22 people…
Oil, gas JVs gulp 86% of export revenue
The Nigerian National Petroleum Corporation (NNPC) has said 86 per cent of the oil and gas…
750 foreigners evacuated by road after their ferry developed fault in Calabar
More than 750 foreigners from eight west African countries, stranded in the southeastern Nigerian port of…
US undertakes first oil export in 40 years
The first shipment of crude oil to an overseas buyer from the United States has departed…
Expert seeks promotion of maritime training
A former Rector of the Maritime Academy of Nigeria, Oron, Engr. Olu Akinsoji on Saturday urged…