NUPRC Targets 2.1 Million Barrels of Oil Per Day in 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is setting a target to achieve at least 2.1 million barrels of oil ...
OPEC Reports Impact of Dangote Refinery on European Markets, Highlights Decline in Nigeria’s Petroleum Imports
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that the Dangote Refinery is having a significant effect on European ...
Product Tanker Fleet Growth to Hit 16-Year High in 2025, BIMCO Reports
The product tanker sector is bracing for a monumental surge in fleet capacity, with newbuild deliveries projected to reach 12 ...
India Aims To Power All Its Vessels With Green Energy In Next 5 Years: Minister
India aims to power its entire coastal and inland waterways shipping fleet, beginning with 1,000 vessels, with renewable energy over ...
India Plans To Invest $5.8bn To Upgrade Inland Waterways Network
India’s Inland Waterways Development Council (IWDC) has announced a Rs500bn ($5.8bn) investment to enhance its inland waterways network. This financial ...
Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard
Bollinger Shipyards LLC, a major U.S. shipbuilding contractor based in Lockport, Louisiana, has agreed to pay $1,025,000 to settle allegations ...
Dry Bulk Market Poised for 2025 Upturn, Drewry Says
The dry bulk shipping sector is heading for stronger earnings in 2025, driven by environmental regulations reshaping vessel supply and ...
Factional Chairmen Unite, Endorse Olawale Cole for ANLCA Tin Can Chapter Chairmanship
In a significant turn of events, the two immediate past factional chairmen of the Tin Can Chapter of the Association ...
Nigerian Navy Intercepts, Hands Over 109 Bags of Smuggled Rice to Customs
The Nigerian Navy Forward Operating Base (FOB) Badagry says it has intercepted 109 bags of foreign parboiled rice suspected to ...
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