World Shipowners’ Association (WSA) has appointed Nigeria-born Forbes billionaire and President of Slok Group, Orji Uzor Kalu as interim president of the body. Kalu, an eminent businessman and former governor of Abia State will occupy the…
The Nigeria Liquefied Natural Gas company (NLNG) has shipped 3,200 liquefied natural gas (LNG) cargoes by Q2 of 2015, since it began international gas exports in 1989, the managing director, Babs Omotowa said, reports Business Day. Omotowa…
Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast. Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari…
Nigeria and Greece have signed a deal that will enable Nigerian ship owners to own vessels that would be transferred to them by their Greek counterparts, reports Channels Television. Nigerian ship owners have reiterated their preparedness…
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion, in its attempt to turn the country into a hub for maritime operations on the continent…
Local Nigerian staff at U.S. oil services company Halliburton have ended a nationwide strike over job cuts, a spokesman for one of two oil unions involved in the dispute said on Wednesday.'The strike was called off,' Emmanuel Ojugbana, spokesman…
French oil services company Bourbon said on Monday that three Nigerian crew members had been kidnapped after one of its speedboats was boarded off the Nigerian coast in the night of April 8. 'An emergency unit based in Nigeria has been immediately activated…
Three crew members of a Maltese-flagged supertanker, who were kidnapped by pirates three weeks ago off Nigeria, have been released, Greece's foreign ministry said on Wednesday. The Kalamos crude carrier was heading to Nigeria's main oil terminal when it was attacked on Feb…
A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as 'pirate alley'…
The Nigerian Ship owners’ Association (NISA) and Turkish Shipowners’ Association (TUSA) has flagged off a working relationship to develop water transportation and ship yards, in the Nigeria maritime sector. The Nigerian Shipowners’ Association (NISA)…
There are strong indications that the Maritime Workers of Nigeria (MWUN) may shut down port operations nationwide from tomorrow (17 December), and begin an indefinite strike over a number of longstanding issues.At the weekend, the union…
Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards, data from the revised budget seen by Reuters showed on Friday.President…
Shipping community urged to invest in training to curb spread of virusGlobal shipping, logistics and marine services provider GAC Group is calling for shipping and logistics companies to invest in staff and crew education on how to reduce the risk of exposure to Ebola…
Former OPEC secretary general Dr. Alhaji Rilwanu Lukman, who led the oil producer group between 1995 and 2000, passed away in the early hours of Monday in Vienna, the organization said in a statement. He was 75.Nigeria-born Lukman's career in the oil industry spanned five decades…
The U.S. Coast Guard (USCG) has announced that it will impose conditions of entry on vessels arriving from the Federal Republic of Nigeria (excluding vessels arriving from certain ports) with effect from June 26, GAC reported in its daily Hot Port News Report…
Subscribe
