China State Shipbuilding Corporation officially debuted in Beijing on Tuesday, as a result of the…
Author: Ships & Ports
MPC retains benchmark lending rate at 13.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday left…
Container volumes at Colombo Port up by 5.1 percent in September
Container volumes at the Port of Colombo in Sri Lanka saw a 5.1 percent increase…
How Benin Republic plans to dump N10.8bn rice in Nigeria
The Federal Government has uncovered a sinister plot by neighbouring Benin Republic to dump 105,000…
Armed men hijack Papua New Guinea plane
A charter airline in Papua New Guinea said armed men hijacked one of its planes…
General Electric poaches Maersk’s finance chief
A.P. Moller-Maersk’s finance chief Carolina Dybeck Happe will leave the shipping group to take up…
Livestock carrier with 14,600 sheep capsizes in Black Sea
A livestock carrier carrying 14,600 live sheep has capsized in the Black Sea off Romania,…
Samsung Heavy to pay $75m fine over bribery scheme in Brazil
Samsung Heavy Industries (SHI) has agreed to pay a global penalty of more than $75m…
India approves sale of its national shipping line
India’s government has approved the sale of a majority stake in the Shipping Corporation of…
NPA tug boat collides passenger boat in Lagos
No fewer than 11 passengers were rescued when a boat conveying 13 passengers had a…
Investment inflows into Nigeria dropped by $460m in Q3 — NBS
The National Bureau of Statistics (NBS) on Monday said the investment inflows into Nigeria declined…