The naira appreciated significantly against the dollar on Wednesday to trade at N410 to the dollar.…
Author: Ships & Ports
NDDC to establish Niger Delta bank
The Managing Director of the Niger Delta Development Commission (NDDC), Nsima Ekere, said on Wednesday that…
UK laptop ban on flights to be implemented by Saturday
Airlines impacted by Britain’s cabin ban on electronic devices on flights from some Middle East and…
South Africa suspends meat imports from Brazil
South Africa has suspended some meat imports from Brazil citing a scandal in the South American…
U.S. arrests 3 for smuggling heroin, over $4m in pieces of furniture
United States of America authorities have arrested three drug dealers accused of smuggling heroin in pieces…
Maersk Line offers concessions to EU on Hamburg Süd acquisition
Danish liner Maersk Line has offered commitments to the European Commission aimed at removing potential competition…
Global container volumes bounce return to growth
Global container volumes bounced back to grow 4% in the fourth quarter of 2016 according to…
Indonesia port graft investigation disrupting coal shipments
Indonesia is cracking down on corruption and widespread graft at some of its top coal export…
Australia set to reform coastal shipping
The Australian Government is proposing a reform of the country’s coastal shipping sector with the aim…
Maersk reaches key North Sea tax deal with Denmark
Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state…
COSL posts $1.7bn loss on massive impairments
China Oilfield Services Limited (COSL) has reported a loss of RMB11.46bn ($1.66bn) in 2016 due mainly…
Marshall Islands becomes the world’s second largest ship registry
The Marshall Islands has overtaken Liberia to become the world’s second largest ship registry boosted by…