Hong Kong-based container carrier Orient Overseas Container Line (OOCL) recorded a 15.2% rise in its total revenues…
Category: News
Baltic index down on weaker panamax rates
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, inched…
Sri Lanka signs $1.1bn China port deal
Sri Lanka signed a long delayed $1.1 billion deal on Saturday to lease its southern Hambantota…
Samsung Heavy swings to black in Q2 on cost-saving measures
Samsung Heavy Industries Co., a major shipyard here, said Thursday that it swung to the black…
FG seeks ways of ending human trafficking
The Federal Ministry of Justice and the National Agency for the Prohibition of Trafficking in Persons,…
Amaechi urges institute to tackle challenges in aviation industry
Minister of Transportation, Rotimi Amaechi, has urged the Air Force Institute of Technology to develop indigenous solutions to…
Nigeria is gradually exiting recession, says economist
An economist, Prof. Ben Aigbokhan says Nigeria is gradually exiting recession with the growing Gross Domestic…
Amosun urges manufacturers to pay taxes
Ogun State governor, lbikunle Amosun on Friday tasked manufacturers to pay their taxes regularly to facilitate rapid…
Indonesia ombudsman finds rights violations in execution of Nigerian
The office of Indonesia’s ombudsman has unearthed evidence of rights violations in the execution of a…
NEITI urges transfer of $3.95bn oil savings to Sovereign Fund
The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the transfer of all oil revenue…
German environmentalists win case to ban diesel cars
A German environmentalist group, on Friday won its bid to ban diesel cars that do not…
Frustrated shippers say no end in sight to barge congestion at Northern European ports
Shippers say they feel powerless over the barge congestion crisis in northern Europe – one believing…