Nigeria’s Comeback: Oil Flows Rise as Production Hits a Record in July

Nigeria has re-emerged as a key player in global oil markets, with production reaching new heights in July. Output averaged 1.71 million bpd, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), up 9.9% year-on-year. Terminal performance underlines the recovery. Bonny posted 8.07 million barrels in July, a 13% jump from June, while Forcados edged …

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Promise and peril of AI in maritime

For years, the conversation around artificial intelligence in maritime has been dominated by a mixture of cautious optimism and technological trepidation. A new report from Marcura and Thetius on the subject finds an industry eager for the efficiency and safety benefits of AI, yet struggling to bridge significant cultural and operational gaps. The core finding …

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EXMAR Half Year Results 2025 


During its meeting of 4 September 2025, the Board of Directors of EXMAR (“EXMAR” or “the Company”) reviewed and approved the interim accounts for the period ending June 30, 2025. The interim condensed consolidated financial statements have not been subjected to an audit or a review by the statutory auditor. HIGHLIGHTS ▪ MGC fleet renewal …

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Lloyd’s Register launches risk-based fire safety notation for container ships

The new notation benefits designers, shipyards, owners, and operators as they plan next-generation container ships or consider retrofits and fleet upgrades. Lloyd’s Register (LR) has launched Fire (C, Risk), a new risk-based notation developed to enhance the assessment of fire safety arrangements on board container ships. The notation is accompanied by guidance to support shipowners, …

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