Spanish dockworkers have shelved their strike plans announced for the following two weeks, the country’s union…
Category: News
OPEC set to prolong oil cuts as delegates predict smooth meeting
OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday…
Gallery: World’s first dual-fuel asphalt carrier christened in Montreal
M/T Damia Desgagnés, the world’s first dual-fuel asphalt tanker, was christened at the Port of…
Carrier reliability drops in April amid alliances’ vessel reshuffling
Carriers’ overall on-time and transit time reliability decreased in April as the great migration of vessels…
Cyprus President calls for support to strengthen its maritime industries
Cyprus President Nicos Anastasiades has called on the country’s shipowners and shipmanagers to add their weight…
MOL plans to build Japan’s first LNG-fuelled tugboat
Mitsui OSK Lines (MOL) plans to build Japan’s first LNG-fuelled tugboat. MOL will own the tugboat…
Modern ports must for growth of India’s world trade: Modi
Prime Minister Narendra Modi on Monday said developing modern ports was important for India to…
Trump’s budget proposes selling off half of U.S. oil Stockpile, kills offshore oil revenue sharing among Gulf states
The White House plan to trim the national debt includes selling off half of the nation’s…
Nigeria seen missing July target to buy cleaner fuel
Nigeria’s state-run oil company will keep buying cheaper, lower-quality gasoline for now because the government has…
FG restates determination to stabilise Niger Delta – Boroh
The Presidency on Tuesday reaffirmed its determination to stabilise and develop the Niger Delta region through…
Flight Ban: NCAA to conduct comprehensive audit of Med-View Airlines operations
The Nigerian Civil Aviation Authority (NCAA) has announced that it will carry out an immediate audit…
CBN retains 14% interest rate
The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise…