The Trump Administration’s decision to withdraw from the landmark Paris Agreement on climate change puts added…
Author: Ships & Ports
Panama Canal wants to modify tolls structure
On 1 June the Panama Canal Authority [ACP] published a proposal to modify its current tolls structure.…
U.S. calls off search for missing crew member
The U.S. Coast Guard on Thursday suspended its search for the missing crew member of the Crosby…
Bumi Armada’s Q1 net profit more than doubled
Bumi Armada got off to a good start with its net profit in the first quarter…
Trafigura to hire 32 new tankers
Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude…
HHI values orderbook at $3.8bn in five months
South Korea’s Hyundai Heavy Industries (HHI) announced that it has landed orders to build 62 ships…
Baltic Dry Index falls to lowest level in three months
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped…
Fuel hike: Nigerians flay Senate’s recommendation
Some Nigerians in Abuja on Friday flayed the Senate recommendation for a N5 fuel levy on…
Nigerians are suffering but have confidence in Buhari, says Sani
Sen. Shehu Sani, (APC-Kaduna Central) has commended President Muhammadu Buhari’s administration for rescuing the country from…