Abuja-Kaduna rail line ready for commercial use in July – Amaechi

  Minister of Transportation, Chibuike Rotimi Amaechi has assured that the federal government under President Muhammadu…

NNPC owes JV partners $7b, says NAPIMS

International Oil Companies (IOCs) in the Joint Ventures production are being owed $7 billion by the…

Italian court upholds Costa Concordia Captain’s 16-year prison sentence

A 16-year prison sentence for the former captain of the Costa Concordia cruise liner for his…

French survey vessel detects pings from crashed EgyptAir plane’s black box

A French search vessel has picked up signals from one of the black boxes of EgyptAir…

China detains tanker in oil smuggling probe

Hong-Kong-flagged CSC Friendship has been detained by Chinese officials within an investigation into suspected tax evasion on…

Chinese teenager found in airliner luggage hold at Dubai airport

A 16-year-old Chinese was found hiding in the cargo hold of an airliner at Dubai airport,…

Oil tankers carrying U.S. crude in limbo off Venezuela

Four tankers carrying over 2 million barrels of U.S. crude are stuck at sea and cannot…

DP World: Not ruling out U.S. port acquisitions

DP World isn’t ruling out another attempt to acquire a U.S. port terminal, though the company…

China P&I Management launches in Shanghai

China’s first mutual insurance association China P&I Management Company has been officially launched in Shanghai on…

U.S. East Coast port volumes slump

Cargo volumes at U.S. East Coast’s two largest ports fell in April compared with a year…

We support government’s regulation of port operation – STOAN

The Seaport Terminal Operators Association of Nigeria (STOAN) has said that it fully supports government’s regulation…

NBS: Nigeria’s import/export trade plunges by 23% as country records negative trade balance

Nigeria’s economic woes is far from over if new data from the National Bureau of Statistics…