One of two oil tankers crippled in attacks in the Gulf of Oman last week that…
Category: News
Maersk explores Arctic shipping route with Russia
Shipping group A.P. Moller-Maersk said on Friday it is in talks with Russia’s state-owned icebreaker operator…
Danish appeal court increases Lars Moller’s jail sentence to five years
Former OW Bunker executive Lars Moller, blamed for the collapse of the company, has had his…
Insurers, flag-states seek increased security measures for vessels in Straits of Hormuz
Insurers and flag-states are urging extreme caution and heightened security measures for vessels sailing in the…
Buhari directs CBN to blacklist firms importing banned items
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its…
Sanwo-Olu asks LASTMA to go tough on motorists in Lagos
Lagos State Governor, Babajide Sanwo-Olu on Friday told officials of the Lagos State Traffic Management Authority,…
Foreign investment into Nigeria plunges by 43%
Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn,…
U.S. fingers Iran for attacks on fuel tankers in Gulf of Oman
U.S. Secretary of State Mike Pompeo has accused Iran of instigating the Thursday attacks on two…
World Container Index drops by 1.4%
The composite index decreased 1.4% this week, also, 4.4% down as compared with same period of…
NRC takes delivery of two coaches for Lagos-Ibadan rail project
The Nigerian Railway Corporation (NRC) has taken delivery of two coaches to be deployed for the…
7 piracy attacks reported in Asia in May — ReCAAP
A total of seven incidents of piracy and armed robbery against ships were reported in Asia…
Man docked for stealing international passport, phone, others
A 30-year-old man, identified as Vongjen Sunday John, was on Thursday arraigned before an Apapa Magistrate’s…