Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping…
Author: Ships & Ports
CSCL sinks to $125m loss in first half
China Shipping Container Lines Company (CSCL) saw its first half results slumped to a loss of…
Cargo volumes rise at Port of Melbourne
Total container throughput at Australia’s Port of Melbourne recorded its fastest growth rate since 2011-12, increasing…
FG moves to tackle EU ban of Nigerian beans export
The Federal Government has inaugurated a 26-member Standing Inter-Ministerial Technical Committee to address the rejection of…
Topaz fights to overturn arrest of three vessels in Nigeria, $9m lawsuit
Topaz Energy and Marine expects a “prompt resolution” to a dispute with a disgruntled business partner…
NIMASA, a world class organisation- Peterside
Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside has highlighted…
Nigeria foreign investment inflow crashes by 45%
Foreign Portfolio Investment (FPI) inflow, which represents foreign wealth pumped into Nigerian economy through the capital…
Spain imports N1.38tr products from Nigeria
The Economic and Commercial Counsellor at the Embassy of Spain in Nigeria, Pablo Segrelles, on Tuesday, announced that Spain…
Buhari’s visit to China brought consensus of furthering China-Nigeria partnership – Envoy
The newly appointed Consul General of the People’s Republic of China to Nigeria, Chao Xiaoliang, has…
India to inject more financial aid in ports
India’s Ministry of Shipping has increased the scope of the Sagarmala project to provide financial support to its ports…
Bankruptcy looms over Hanjin Shipping as creditors halt funding
Embattled Hanjin Shipping is facing a real threat of bankruptcy as its creditors have rejected further…