The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for…
Category: News
Panama Canal breaks monthly tonnage record
In January 2017, the Panama Canal set a new monthly tonnage record of 36.1 million Panama…
U.S. probes sunken condition of sunken ship
The U.S. investigation into the deadly sinking of a cargo ship during a 2015 hurricane entered…
DP World handled more containers in 2016
DP World has announced a 2.2% increase in gross container volumes across its worldwide portfolio on…
Australian port records higher cargo volume in January
Australia’s Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 52.3 million tons (mt)…
Singapore buyer sets China’s ship auction record online at $14 million
A Singapore buyer has won an auction for a ship belonging to bankrupt Nantong Mingde Heavy…
Workers’ diligence prerequisite to railway revival-Official
The ongoing efforts of the federal government to revive railways in the country required workers of…
Power sector was sold to clueless investors, says Saraki
Senate President Bukola Saraki on Tuesday criticised how the power sector was privatised, saying it was…
Nigeria will stop fuel importation by 2019 – Kachikwu
Nigeria will stop importing refined petroleum products by 2019, the Minister of State for Petroleum Resources,…
China forex reserves fall below $3 tn threshold
China’s foreign exchange reserves have fallen below $3 trillion for the first time in six years,…
We are committed to fixing our economy – Osinbajo
The Acting President Prof. Yemi Osinbajo has said that ‘with complete focus on improving the economy…