The Shipping Corporation of India (SCI) has rejuvenated its outdated fleet slashing its age by almost a…
Category: News
Baltic Exchange unveils changes to dry bulk indices
As part of the changes being made to its Supramax Index, the London-based Baltic Exchange will…
Carnival Corporation off to a good start
Miami-based cruise company Carnival Corporation Plc has ended the first quarter of 2017 with a GAAP net…
China firms eye infrastructure projects around Panama Canal
Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief…
China Shipping Ports profit plunges 43%
Cosco Shipping Ports (CSP) saw 2016 net profit drop by 43% to $247m from $429.3m previously…
Reps investigates DPR over oil block licenses, signature bonuses
The House of Representatives began its investigation on leakages within the Department of Petroleum Resources (DPR)…
West Africa Crude: Angolan offers steady to higher, Nigerian exports to rise
Offer prices for Angolan cargoes loading in May were steady to higher on Tuesday, traders said,…
Why Americans are not doing business in Nigeria – US Envoy
United States Consul General in Lagos, John Bray has said lack of access to foreign currency…
Senate admits buying bulletproof SUV N62m
The Senate on Tuesday admitted that it bought a bulletproof Range Rover sports utility vehicle (SUV)…
FG will continue to encourage, facilitate SMEs on locally made goods- Buhari
President Muhammadu Buhari on Tuesday said that the Federal Government would continue to encourage and facilitate…