U.S. emergency crude stockpile falls to lowest in 37 years
The United States emergency crude oil stockpile fell by million barrels last week to its lowest level since May 1985, according to the Department of Energy on Monday. Crude held…
Ukraine’s grain tycoon killed in Russian shelling of Mykolaiv
Oleksiy Vadatursky One of Ukraine's richest businessmen, Oleksiy Vadatursky has been killed with his wife in "massive" Russian shelling of the southern city of Mykolaiv. He was worth $450m (£369m),…
Global initiative to reduce illegal fishing, bycatch launched in Africa
MOZAMBIQUE: The first meeting of a new global initiative to increase co-ordination and co-operation amongst regional fisheries bodies was held in Maputo, Mozambique last month. Participating organisations include those mandated…
NIMASA boosts research, training, signs MoU with NITT
From left: DG NITT, Dr. Bayero Salih Farah and DG NIMASA, Dr. Bashir Jamoh during the signing of the MoU in Zaria, Kaduna State at the weekend. As part of…
Seafarers’ apathy stands in way of Ukraine grain corridor
Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the proposed grains corridor designed to ease an international food crisis.…
Demurrage, detention charges rose 12% worldwide…Become significant cost centre for shippers
Surplus containers are piling up at warehouses as demand wears out, resulting in rising demurrage and detention charges, contributing substantially to the operational costs for shippers. These were a few…
Why we fully participated in NLC-ASUU protest-MWUN President
File photo showing some officials of the Maritime Workers Union of Nigeria MWUN (dressed in white), during the NLC-ASUU solidarity protest in Lagos. The Maritime Workers’ Union of Nigeria MWUN,…
SIFAX Chairman lectures Babcock University students on success factors
From left: Provost, College of Postgraduate Studies, Babcock University; Professor Ayandiji Aina, Executive Director, SIFAX Group Bode Ojeniyi, President/Vice Chancellor, Babcock University; Professor Ademola Tayo, Dr. Abimbola Abolarinwa, Surgery Department,…
Global economy in grips of serious slowdown, inflation surges to endure
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next…
NIMASA sets up team of experts on maritime security strategy…Hails IMO’s technical assistance
DG NIMASA, Dr. Bashir Jamoh (middle); Director, Marine Environment Management, Mrs. Aishatu A Jidda (3rd right); IMO Facilitator, Phillip Heyl (2ndright); Rear Admiral Medani Rtd. (3rd left); head, ISPS of…
