A consortium of German private equity firm Deutsche Invest Equity Partners, Ivan Savvidis-controlled Belterra Investments and…
Category: News
Famine fuels resurgence of Somali piracy, says US General
Drought and famine seem to be fuelling a resurgence of piracy off the coast of Somalia,…
One person missing from Royal Caribbean cruise ship
A search operation has been launched following reports that a crew member went missing from the cruise ship Liberty…
India to tag millions of cows to curb smuggling
India could issue millions of cows with unique identification numbers, the latest effort to protect the…
Germany to boost naval spending under $4.3bn warship plan
Germany plans to spend an extra 525 million euros ($572 million) to boost the capabilities of…
Tanker market may face hard times on oversupply
The tanker market may face a “difficult” second and third quarter this year after a robust…
U.S. Navy shipbuilding plan to cost $400bn more over 30 years
Expanding the U.S. Navy to 355 ships as recommended by military leaders and backed by…
Cosco Shipping Ports’ profit down as volumes rise
China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended…
Denmark, Norway, Singapore adopt e-certificates for shipping
Danish, Norwegian and Singapore maritime authorities have signed a Memorandum of Understanding (MoU) to promote the adoption of…
FRSC begins clampdown on unlatched containers
The Federal Road Safety Corps (FRSC) says that it has begun full enforcement and arrest of…
Amaechi to launch dredging of 152 Km Ajaokuta-Onitsha waterways
The Minister of Transportation, Rotimi Amaechi, is set to launch the dredging of the 152 km…