Firm launches container shipping’s first cryptocurrency

Container shipping could see the first widespread use of a cryptocurrency this week. Hong Kong-based blockchain…

Israel, Lebanon clash over offshore oil and gas tender

By Jite Eriabie  Israel described as “very provocative” on Wednesday a Lebanese offshore oil and gas…

Port of Barcelona handles record traffic volume

By Jite Eriabie The Port of Barcelona recorded a 26 percent rise in total traffic during…

Panama ports record 10.1% rise in container volumes 

By Jite Eriabie  The Panama Maritime Authority has released the 2017 statistics of cargo volume handled…

Six US firms seek funds for Port Corpus Christi dredging

Six US energy companies are requesting funding for a project to deepen and widen the Corpus Christi…

Minimum wage: 2018 budget can’t accommodate NLC proposal- Akabueze

The Director General, Budget Office of the Federation, Ben Akabueze, has said the 2018 budget cannot accommodate…

FG repatriates 13,000 Nigerians from Libya in 3 months- NAPTIP

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP), says it has repatriated 13,000 more than…

IPMAN to inaugurate $3 billion refinery project soon

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it will soon commence work on its…

LCCI, MAN seeks review of gas price, lament dollar payment

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to review its…

Taxes chasing rich people away from Lagos – Report

The latest Global Wealth Migration review says rich people are leaving Lagos for other cities because…

Oil falls on higher inventories, but January gains still strong

Oil prices fell for a third day on Wednesday after data that showed U.S. inventories rose…

Cuba agrees Algerian fuel imports after Venezuelan oil shipment slide

Cuba said on Tuesday it had signed a deal with Algeria to import fuel over the…