…when the United States and Israel launched strikes against Iran. The conflict disrupted shipping through the Strait of Hormuz, a major route for global oil and gas supplies, and sent crude prices sharply higher. Although the parties reached ceasefire arrangements and attempted negotiations, the agreements subsequently…
…romance scams, fraudulent sweepstakes schemes, false rental listings, and sham online shipping transactions. Funds collected from victims were allegedly funneled through bank accounts and businesses in Rhode Island, Idaho, and elsewhere, with significant proceeds ultimately sent to Nigeria. Members of the conspiracy al…
…axis of the Kula waterways. The company said in a statement that its subsidiary, Max Shipping Services Limited, which operates the crude oil vessel, was engaged by a hirer, Menal Technical Services Limited, under a contractual agreement for crude oil evacuation in the area.
…ordered months before the businessman's death and had been undergoing international shipping and customs clearance before reaching Zimbabwe. Images shared online showed the vehicle bearing a personalised registration plate associated with Chivayo, who was widely known for his extravagant lifestyle and collection of hig…
…fear that further escalation could disrupt crude production, exports and international shipping routes.Middle East tensions fuel supply concernsThe latest increase followed reports of attacks by Iran-backed Houthi militants targeting energy facilities and other infrastructure in Saudi Arabia.Reuters reported that Saudi…
…while urging youths to allow security agencies to establish what happened.Max Shipping explains vessel retrievalIn the meantime, Max Shipping Services Limited has said it owns the ANAMBRA BASIN FSO vessel but hired it to Menal Technical Services Limited for use at Kula.In a statement on Wednesday, the company’s Legal O…
…their ability to withstand cyberattacks as digital systems increasingly connect shipping companies, Customs authorities, terminal operators and regulatory agencies.He warned that platforms designed to simplify trade procedures could become major vulnerabilities without adequate safeguards."A single window must not beco…
…Maritime Organisation’s (IMO) 2032 deadline for the implementation of the autonomous shipping regime, under which vessels will be operated remotely with minimal human intervention. The global autonomous shipping regime, structured under the IMO MASS Code (Maritime Autonomous Surface Ships Code), represents a historic s…
Iran is deploying new tactics to target commercial shipping in and beyond the Strait of Hormuz as part of a strategic effort to maintain high global oil prices and influence the upcoming United States midterm elections, according to senior Iranian officials. Tehran has sought to exert control over the vital trade corri…
…in their counter-offensive against the Houthis around the Bab al-Mandab strait, a key shipping route, military sources said Saturday. The Houthis claimed to have repelled them. Claims by both sides have been impossible to independently verify, with the situation moving fast on the ground and access for journalists diff…
…are expected to create opportunities in maritime services, manufacturing, warehousing, shipping, export processing and freight transportation. Beyond their anticipated impact on Ogun State, the projects could strengthen Nigeria’s capacity to handle maritime trade, support export-oriented industries, attract internation…
…Houthi gains along the Red Sea. Those gains gave the rebels better surveillance of shipping on a corridor that is a crucial alternative to the Strait of Hormuz, where Iran has been attacking ships.While the Houthis have said they are only targeting Saudi shipping as part of a blockade in retaliation for the one imposed…
…attending congregational prayers. “Rather, it was a reminder that the privilege of worshipping in the House of Allah carries responsibilities which every worshipper should endeavour to fulfil. “The doors of the Mosque remain open to Muslims seeking the pleasure of Allah. The ultimate aspiration is to nurture a congrega…
…had attacked in the Bab al-Mandab area — a key chokepoint for Red Sea oil and cargo shipping — but they claimed to have repelled the assault. Claims by the warring parties have been impossible to independently verify, with the situation moving fast on the ground and access for journalists difficult. The post Evacuation…
…asked whether the crown was more important than the God the monarch was worshipping, describing the gesture as an acknowledgement of a higher spiritual authority. “What’s crown when you’re in front of God that created you? Someone else made the crown but God create you,” another commenter, Olalekan Wilson (@OlalekanWif…
…entities, nine individuals and several companies based abroad. The measures affected shipping for the first time, with Japanese firms banned from providing key services to designated vessels, including maintenance, chartering and crew employment. The restrictions extend to the sale or purchase of vessels, repairs, insu…
…stories on Google.Add Punch on Google Iran has sought to impose control over the vital shipping lane since the start of the war, and has attacked vessels that attempt to transit without its authorisation. Iranian and US officials last week held indirect talks on the sidelines of the United Nations General Assembly, wit…
…Atlantic coast, securing oil operations, partnering with local navies, and protecting shipping lanes. West African states should leverage the navies of these nations on the basis that a West Africa and a Sahel weakened by drugs is a direct security threat to Western Europe, through migration and narcotics trafficking.…
…position gives its refineries an advantage in supplying neighbouring markets, as shorter shipping distances can replace some longer-haul imports from Europe and other markets.“We’ve gone from a dependency on Europe to regional supply, West Africa supply and demand centre,” Clark said.The shift is already reflected in r…
…fair governance at home. Global disorder also arrives through prices. War can disrupt shipping and raise the cost of wheat, fertiliser, and fuel inputs. Higher crude prices may improve export receipts even as households face dearer food and transport. The effects are not automatic, but Nigeria remains exposed through o…
…licensed customs agents, importers, exporters, bonded warehouse and terminal operators, shipping lines and airline operators, free trade zone operators, excise traders and transporters. The Service directed Command PROs to work closely with Customs Area Controllers and relevant operational units to ensure effective mob…
…policymakers. “We have known that the conflict between the U.S. and Iran will affect the shipping of oil products. We know that. “In basic economics, when you are close to the source of your products, you have advantages. If we produce oil in Nigeria, refining in Nigeria can not be the same as importing fuel. It can no…
…to control the Strait of Hormuz, the waterway through which roughly 20% of global oil shipping passes.Iran's army said on Thursday it struck the Ahmad al-Jaber Air Base in Kuwait and Al Minhad Air Base in the United Arab Emirates using missiles and drones.Iran Strikes US Bases in Kuwait and UAE After Wedding Attack, Oi…
…on global oil markets, particularly as the conflict has disrupted energy supplies and shipping through the Strait of Hormuz. While some energy continues to flow through the strategic waterway, the US blockade of Iranian oil exports has effectively cut off Tehran’s main source of revenue, Reuters reported. Iran’s econom…
…strikes followed what it described as recent attempts by the IRGC to attack commercial shipping in the Strait of Hormuz and US forces across the region. The IRGC, in turn, said the United States would "regret" its actions.How the latest escalation beganAfter roughly a month without direct attacks, the US resumed strike…