SEE How South Africans hijack $20billion Dollar ship bunkering business in Nigeria

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The Nigerian Licensed Ship Chandlers Association a week ago took a swipe at the Directorate of Petroleum Resources DPR, apex regulatory organ of the downstream segment of the Nigerian petroleum industry over hitches connected with ship bunkering regulation in Nigeria, which gives South African firms a benefit over their Nigerian counterparts.

Secretary Board of Trustees of the association, Dr. Emeka Enebeli, who spoke in an interview, disclosed that the bunkering business in Nigeria is worthover $20bn, but regretted this segment of the maritime industry has become an exclusive preserved for South African firms.

In accordance with him, till date, no Nigerian individual or corporate has a ship bunkering license, saying that the stringent conditions listed by the DPR makes it almost impossible for almost any Nigerian individual or corporate has a bunkering license.

3 dead, several injured after ship crashes into control tower in Italian port of Genoa

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At least three people have died and several are missing after a ship crashed into a control tower in the Italian port of Genoa, reports say.

Part of the tower was said to have crashed into the water when it was hit by the Jolly Nero container ship.

About 10 people were in the tower at the time of the accident, and some of them are feared to be in the water.

Four people have been taken to hospital, says the Corriere Della Sera newspaper.

The Jolly Nero is almost 240 metres (787 feet) long and weighs over 40,500 tonnes.

It was bound for Messina, Sicily, at the time of the crash, reports say.

The accident is said to have occurred at about 23:00 on Tuesday night (21:00 GMT), when a shift change was taking place in the control tower - meaning more people were inside.

Genoa's prosecutor is investigating the incident, Corriere Della Sera says. The ship has been impounded and the captain is being questioned.

Ọmọ Oódua News From Nigeria, BBC

Ifeanyi Ubah's missing ship located, seized by London court

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The world of billionaire mogul behind Capital Oil, Ifeanyi Ubah is getting more complicated by the day...and his assets in Nigeria and across the globe are under threat of seizure and sale! While Asset Management Corporation of Nigeria (AMCON), which sued him over N28 billion indebtedness, is asking the Federal High Court in Abuja to sell his assets, the London court has made a major breakthrough.