IPMAN attributes current fuel scarcity to depot price change, shortage

  The Independent Petroleum Marketers Association of Nigeria (IPMAN) said the current scarcity of fuel in…

Inflation up to 9.4%, above CBN ceiling

  Nigeria’s consumer inflation was at 9.4 per cent year-on-year in September, up 0.1 percentage point…

OPEC forecasts oil price falls till 2017

  Hope of seeing a rebound of oil price from its current low level may not…

Dangerous chemicals companies ordered to relocate from Tianjin port

  Chinese authorities in Tianjin have ordered a relocation of companies that handle dangerous chemicals to…

Idle containership fleet surges on weak demand

  The idle containership fleet has continued to grow with over a 100,000 TEU in capacity…

IMO welcomes UN resolution on migrant smuggling in the Mediterranean

  International Maritime Organisation (IMO) Secretary-General Koji Sekimizu has welcomed the adoption by the United Nations…

ICS questions OECD carbon tax for shipping proposal

  The International Chamber of Shipping (ICS) says a carbon tax of $25 per tonne proposed…

Malaysia, China working on boosting port connectivity

  Malaysia and China are working to boost connectivity between their sea ports to raise bilateral…

Egypt picks 7 companies to deliver 55 LNG cargoes

  Egypt has chosen to buy 55 cargoes of liquefied natural gas (LNG) from seven out of…

Port of Antwerp en route to record year

  Belgium’s port of Antwerp handled 156.5 million tonnes of freight in the first nine months of…

Firm claims $5.65m in arbitration case

  A subsidiary of Malaysia’s Coastal Contracts is claiming $5.65m from China’s Yantai CIMC Raffles Offshore…

Killers Of Tajudeen Disu, Lekki Free Trade Zone MD Arraigned (photos)