Global container volumes are on track for zero growth this year, which would mark the sector’s…
Author: Ships & Ports
Finland takes delivery of world’s first LNG-powered icebreaker
Finland shipbuilder Arctech Helsinki Shipyard has delivered the most world’s first LNG-powered icebreaker to the Finnish…
South Korean court considering sale of Hanjin Shipping
The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the…
Workers protest AMCON’s closure of Aero Contractors
Hundreds of employees of Aero Contractors Airline on Wednesday staged peaceful protest over the closure of…
Senate declines bailout for aviation sector
The Senate yesterday rejected proposal to give bailout fund to airline operators in the country. Moving…
Senators oppose Saraki, reject sale of NLNG, other national assets
Nigerian Senators Tuesday voted against the proposed sale of the country’s national assets including a 49%…
Nigeria’s foreign reserves plunge to $24.74bn
The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, says Nigeria’s foreign reserves have…
EFCC docks ex-naval Chief, others for N600m fraud
The Economic and Financial Crimes Commission (EFCC), on Tuesday arraigned a former Chief of Naval Staff…
Nigerian Navy to crack down on merchant navy, others
The Nigerian Navy has warned that it would soon commence a crackdown on groups impersonating the…
Nigeria, India sign MoU on trade, investment
The Federal Government and India on Tuesday signed a Memorandum of Understanding (MoU) to deepen…
Peterside warns against sale of NLNG
Chairman of Stanbic IBTC Holdings, Atedo Peterside, has said that rather than sell its stake in Nigeria Liquefied Natural…
Six feared dead in Akwa Ibom petrol tanker crash
At least six persons were feared dead in a petrol tanker crash which occurred at Kilometre…