Browsing Tag
Shipping
23 posts
British government justifies detention of Russian oil tanker following warnings from Putin
The UK government stands by its decision to seize a Russian shadow fleet tanker, despite threats of retaliation from President Putin, who accused the West of piracy.
President Tinubu Signs Nigerian Ports Economic Regulatory Agency Act
President Bola Tinubu has signed the NPERA Act 2026 into law, transitioning the Nigerian Shippers Council into a permanent economic regulator for the nation's port sector.
Houthi strike causes first fatalities on Red Sea merchant vessel
Three people have died in a Red Sea cargo ship attack attributed to Houthi forces, the first such fatalities since regional tensions escalated.
Oman Reports Progress on Strait of Hormuz Talks as Iran Sets Conditions
Oman confirms positive negotiations with Iran concerning the Strait of Hormuz, though Tehran maintains that a full reopening depends on meeting specific political and financial conditions.
Iran Announces Shipping Agreement with Oman Regarding Strait of Hormuz
Iran claims to have finalized a shipping route agreement with Oman for the Strait of Hormuz, though officials argue the US naval blockade remains the primary barrier to secure navigation.
Severe European Drought Drives Rhine River to Historic Lows
Record-breaking heat across Europe has caused major rivers like the Rhine and Danube to hit historic low levels, threatening shipping, energy production, and agriculture.
Lagos ports set to receive 39 incoming vessels
The Nigerian Ports Authority plans for the arrival of 39 vessels carrying food, fuel, and industrial goods at Lagos ports by the end of the week.
Middle East oil shipping risks hit record high as danger spreads to Red Sea
Middle East oil transport faces its highest danger level since the Iran conflict began as attacks expand from the Strait of Hormuz to Red Sea shipping lanes.
US Imposes Sanctions on Companies Facilitating Iranian Oil Transfers
The United States has sanctioned eight firms for shipping Iranian oil to China and the UAE, while also targeting insurance entities linked to the IRGC.
Customs agents warn of demonstrations following claims of shipping manifest fraud
Members of the ANLCA are threatening to protest against shipping companies like MSC and Hapag-Lloyd, citing corrupt practices linked to misleading ship manifest declarations.