NNPC tells partners, suppliers to bring down costs to 40%

  The Nigerian National Petroleum Corporation (NNPC) said it has directed all its partners and suppliers…

Osinbajo: 39.4m Nigerians may lose jobs in 2020

  Vice President Yemi Osinbajo says unemployment may rise to 33.6% or about 39.4 million people…

Asia reports 11 sea piracy, armed robbery incidents in May 

  Asia is seeing an increase in incidents of piracy and armed robbery against ships with…

IMO Secretary-General speaks on piracy in Nigeria, Gulf of Guinea

  Secretary-General of the International Maritime Organisation (IMO), Kitack Lim, has welcomed the latest initiatives to…

EU countries move to further reopen borders

  Some EU countries have announced new steps to reopen their borders with the improvement of…

Port of Los Angeles loses 30% cargo volumes in May 

  Cargo volume at the Port of Los Angeles fell by nearly 30% in May as…

‘Keep ships moving, ports open and cross-border trade flowing’

  The world’s reliance on maritime transport makes it more important than ever to keep ships…

Nigeria records N138.98bn trade deficit in Q1

  Nigeria recorded a trade deficit of N138.98 billion in the first quarter of this year.…

US sanctions against Iranian shipping network come into effect

  On 8 June, US sanctions targeting the Iranian shipping network came into effect, six months…

Hapag-Lloyd ship remains in quarantine as third seafarer tests positive for COVID-19 

  Another crew member of MV Montpellier, a containership chartered by German shipping major Hapag-Lloyd, has…

Greece, Italy sign accord on maritime zones in Ionian Sea

  Greece and Italy signed an agreement on maritime boundaries on Tuesday, establishing an exclusive economic…

Nigeria records 663 new cases, as total hits 13,464

  Nigeria on Tuesday recorded 663 new cases of COVID-19 infections, bringing the total number of…