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  • Nigerian Shippers Council Commends TUGAR, Flaunts NPPM Role

Nigerian Shippers Council Commends TUGAR, Flaunts NPPM Role

The Executive Secretary, Nigerian Shippers’ Council (NSC) Mr Emmanual Jime, has commended the work of the Technical Unit on Governance & Anti- Corruption Reforms (TUGAR) and bashed the impact of corruption against the development…

Felicity Ace Sinks with $400M in Lost Cars During Tow off Azores

The car carrier Felicity Ace transporting nearly 4,000 cars for the Volkswagen Group sunk this morning, March 1, near the Azores, nearly two weeks after the vessel was devastated by a fire.…

Port of Kherson Falls to Russian Advance, Mariupol Under Heavy Attack

The Ukrainian port city of Kherson has fallen to the Russian advance, mayor Igor Kolykhaev confirmed in a social media post on Tuesday. After days of bombardment and street fighting,…

Nord Stream 2 Retrench 106 Staff Due to Hard-Hitting Sanctions

The Swiss business entity behind the suspended Nord Stream 2 pipeline project has laid off all its staff, according to Swiss officials.  The Maritime Executive reports that Nord Stream 2…

Oil Majors, Tanker Operators Withdraw from Russian Fields

The list of western companies leaving or freezing investments, and specifically in Russia’s critically important oil and gas sector, continues to grow with the repercussions also beginning to reach the…

Germany Seizes First Russian-Owned Megayacht

German authorities have reportedly seized a megayacht belonging to the Russian oligarch Alisher Usmanov, one of 26 associates of Russian President Vladimir Putin who were sanctioned by the European Union…