The Nigerian naira remained stable at the parallel market on Monday, despite a continuous fall in…
Category: News
NNPC to resume Chad Basin oil exploration
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says oil exploration activities…
Spain approves new port reform plan
The Spanish Council of Ministers approved on May 12 a new royal decree in another attempt…
OOCL Hong Kong breaks 21,000 TEU mark, becoming world’s largest containership
Less than two months after the MOL Triumph earned the title of the world’s largest containership…
Merkel wants to rekindle EU spark in first date with Macron
Chancellor Angela Merkel said she would welcome new French President Emmanuel Macron with an open mind…
China white list shipyards set for reshuffling
China’s white list of 70 shipyards is set for a round of reshuffling with 20 names…
One dead after tanker catches fire at Hamriyah Port
One crewman died and four were injured when a tanker carrying oil products caught fire at Hamriyah Port,…
Iran to import shipbuilding technology from South Korea
The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said the Iran Shipbuilding…
Evergreen returns to the black in Q1
Taiwan’s Evergreen Marine has returned to the black for the first quarter ended 31 March 2017…
China Railway Engineering awarded APH oil terminal construction contract
Malaysia’s recently revived Asia Petroleum Hub (APH) project awarded China Railway Engineering Corporation (CREC) a $400m…
World’s biggest container line scales down bond market reliance
The world’s biggest container shipping company and Denmark’s largest issuer of corporate bonds may rely less…
Oil tanker Moratorium Act reaches Canadian parliament
The Government of Canada has introduced the proposed Oil Tanker Moratorium Act in Parliament that seeks to…