Why Court stopped $16bn Ogidigben EPZ project

A Federal High Court in Warri, Delta State has ordered the maintenance of status quo antebellum…

OPC says it will not protest withdrawal of pipeline protection contract

Gani Adams says his faction of the O’odua People’s Congress (OPC) will not participate in the…

Iran set to unleash tanker fleet

Iran’s oil-shipping giant National Iranian Tankers Company (NITC) is set to make a return on the European and…

Maersk’s behemoth named at Felixstowe

The Triple-E class Marchen Maersk, has been officially named in a ceremony at the Port of…

Maersk Drilling to recycle elderly jack-up rig at Chinese yard

Maersk Drilling will decommission an elderly rig built in 1984 and recycle it at China’s Zhoushan…

South Korea chooses China consortium to lift Sewol ferry

South Korea has chosen a consortium led by China’s state-run Shanghai Salvage Co. as the preferred…

Panama Canal regains past glory

Weekly capacity on Far East to US East Coast all-water services has jumped by 20% year-on-year,…

Korea to build LNG terminals to corner dual-fuel shipbuilding market

South Korea plans to build liquefied natural gas (LNG) bunkering terminals at a number of its ports…

TICT’s investment hits N70bn

The Tin Can Island Container Terminal Limited (TICT) has invested about N70billion on the provision and…

I’ll honour international trade agreements that will better Nigerian lives – Buhari

President Muhammadu Buhari has assured Nigerians and the international community that his administration will honour all…

Court restrains Japaul Oil, Total from transfer of funds on hired vessel

A Federal High Court sitting in Lagos has restrained Japaul Oil & Maritime Service Plc and…

Nigeria, UK target N4.5trn trade in five years

The Nigerian Exports Promotion Council and the Nigerian-British Chamber of Commerce yesterday sealed a Memorandum of…