The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea…
Author: Ships & Ports
Nigeria’s economic growth falls 1.50% in Q2 – NBS
The National Bureau of Statistics (NBS) on Monday said Nigeria’s economic growth dipped to 1.50 percent…
‘Ghana’s maritime trade outlook positive’
The Chief Executive Officer of the Ghana Shippers Authority (GSA), Benonita Bismarck, has said Ghana’s maritime…
New U.S. sanctions will increase tensions – Russia
Russia’s Foreign Ministry on Friday said that new U.S. sanctions announced this month over a nerve…
U.S. sanctions on Iran crude reduces global supply
Crude oil prices on Friday rose more than 1 percent, supported by signs that U.S. sanctions…
Germany won’t be energy-dependent on Russia, says Merkel
German Chancellor, Angela Merkel, says a planned sub-sea pipeline that will bring gas directly from Russia…
Migrant standoff: Italy threatens to cut EU funding
Italy on Friday threatened to withhold next year’s contributions to the EU budget if Brussels failed…
FLNG: Golar targets more Africa projects after Cameroon
Liquefied natural gas shipping company Golar, hopes its pioneering Floating Liquefied Natural Gas (FLNG) project in…
Commission okays Norway’s $1tr wealth fund oil stocks investments
A government-appointed commission recommended on Friday that Norway’s trillion-dollar sovereign wealth fund should continue to…
Opposition seeks IMF verdict on Ghana’s $2bn Bauxite exchange deal
Ghana’s opposition in parliament said on Thursday it wants the International Monetary Fund (IMF) to decide…
Air France, British Airways halt flights to Iran over low profitability
Air France and British Airways on Thursday announced that they will halt flights to Tehran next…
South Africa okays Glencore’s bid for Chevron assets
South Africa’s competition watchdog has approved Glencore’s roughly $900 million bid for Chevron’s local and Botswana…