The Trump Administration’s decision to withdraw from the landmark Paris Agreement on climate change puts added…
Category: News
Panama Canal wants to modify tolls structure
On 1 June the Panama Canal Authority [ACP] published a proposal to modify its current tolls structure.…
U.S. calls off search for missing crew member
The U.S. Coast Guard on Thursday suspended its search for the missing crew member of the Crosby…
Bumi Armada’s Q1 net profit more than doubled
Bumi Armada got off to a good start with its net profit in the first quarter…
Trafigura to hire 32 new tankers
Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude…
HHI values orderbook at $3.8bn in five months
South Korea’s Hyundai Heavy Industries (HHI) announced that it has landed orders to build 62 ships…
Baltic Dry Index falls to lowest level in three months
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped…
Jump queue, go to jail for six months
A bill proposing six months imprisonment for persons who distort queues in public places on Thursday…
Why Buhari chose UK ahead of Nigerian hospitals — FG
The Minister of Information and Culture, Lai Mohammed, has given reasons why President Muhammadu Buhari shunned…
Police arrest five suspected militants
Attempts by suspected militants to attack several commercial banks in Lagos have been foiled by the…
Nigeria’s June oil exports poised to hit 15-month high on Forcados plan
Nigeria issued its first Forcados oil loading plan since 2016, putting the nation’s June oil exports…
NAFDAC waives 50% on registration fee of SMEs
The National Agency for Food, Drug Administration and Control (NAFDAC) says it has waived 50 per…