Ahead of the Maersk Group 2016 annual report due today, analyst Jefferies has predicted a substantial…
Author: Ships & Ports
Uncertainty looms over Pakistani shipbreaking yards
The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for…
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…
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…
Pirates abduct, rape women in Akwa Ibom community
The village head of Idua Sang, Oron Local Government Area, Akwa Ibom State, Iniko Asukwo Offiong,…
Nigeria begins trade negotiations with African countries
The Federal Government will this week begin another round of negotiations with all the countries in…
NCDMB plans forensic audit of oil industry
The Nigerian Content Development and Monitoring Board (NCDMB) says it will embark on a forensic audit…
Lagos -Ibadan, Ilorin-Kano rail lines to cost govt $7.6b
The Federal Government plans to spend $6.1 billion on the construction of Ibadan-Ilorin-Minna-Kano standard gauge lines…