Nigerian President Bola Tinubu approved a new regulatory and fiscal framework for offshore oil and gas projects, his office said on Tuesday, a move the government says could attract up to $50 billion in investment and revive long-delayed developments.Nigeria has…
Australian authorities have charged two men with trying to smuggle methamphetamine into the country in a shipping container of car parts last month.
For more than five decades, Guido Perla stood among the most respected naval architects in the world. As founder and president of Guido Perla & Associates (GPA), he helped redefine commercial ship design through innovation, practical engineering, and an unwavering…
Three crew members were killed in a suspected attack by Iran-backed Houthis on a small cargo vessel in the Bab el-Mandeb strait on Tuesday while a container ship was hit by a missile off Pakistan in a suspected US attack,…
Mermaid Maritime has published its financial results for the second quarter of 2026.PerformanceTotal revenue for Q2 2026 was US$61.8 million, representing a year-on-year decrease of US$50.6 million from US$112.4 million in Q2 2025 and a quarter-to-quarter decline of US$20.3 million…
President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic…
