2,431 units of 50kg bags of rice and 1,421 units of 25 litres jerrycans of vegetable…
Category: News
NEITI wants transfer of $3.95bn oil savings to Sovereign Wealth Fund
The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the transfer of all the country’s…
U.S. arrests man for smuggling snakes in cans
A Southern California man has been arrested on suspicion of illegally importing snakes and other reptiles…
France threatens to nationalize STX Shipyard if Italy snubs deal
France said on Wednesday it would nationalise the STX France shipyard if Italy does not accept…
Seadrill again on the verge of bankruptcy, extends $14bn debt talks
Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday…
South Africa arrests woman for smuggling rhino horn
South African police Wednesday arrested a 24-year-old woman with 20 kilogrammes of rhino horn before boarding…
Groups to fight piracy in Asia
Asia’s piracy watchdog ReCAAP and Oil Companies International Marine Forum (OCIMF) have signed a Memorandum of Understanding (MOU)…
COSCO acquisition of OOCL still faces ‘degree of uncertainty’
Cosco Shipping Holdings resumed trading on the Shanghai Stock Exchange (SSE) today, more than two months…
Suez Canal extends containership rebates to year end
The Suez Canal Authority has further extended rebates for containerships from ports of the East Coast…
Polish port handles record transshipments
Polish Port of Gdansk Authority recorded the best result in its history in terms of transshipments during the…
Soldiers rescue abducted oil workers, kill Boko Haram insurgents
Troops of the Operation Lafiya Dole in collaboration with volunteer vigilante youth group (Civilian JTF) on…
Nigeria’s oil policy aims to diversify as “era of oil booms” ends
Nigeria said it will cut its oil exploration costs and move away from reliance on export…