Norway on Wednesday unveiled plans to build the world’s first sea tunnel to pass through a…
Category: News
MSC mega-boxship ablaze off Sri Lanka
A fire is being battled onboard the 14,000 TEU MSC mega-boxship off Sri Lanka. The MSC…
MOL forecasts return to profit amid group overhaul
Japan’s shipping major Mitsui O.S.K. Line is on the path of returning to profitability at the ordinary…
Global shipping fleet braces for chaos of $60bn fuel shock
Little more than 2 1/2 years from now, the global fleet of merchant ships will have…
China EximBank extends $4.4bn financing to Cosco Shipping Heavy Industry
Cosco Shipping Heavy Industry has secured RMB30bn ($4.4bn) worth of financing facilities over a three-year period…
Mexican President and Danish PM inaugurate APMT Lazaro Cardenas terminal
The President of Mexico Enrique Peña Nieto and the Prime Minister of Denmark Lars Lokke Rasmussen…
P&O Ferries reports record breaking freight volumes on English channel
P&O Ferries carried more freight across the English Channel in the first three months of the…
Buhari launches Nigeria’s economic recovery, growth plan
President Muhammadu Buhari has launched the Nigeria Economic Recovery and Growth Plan, ERGP, which seeks to…
Reps implore Aviation Ministry to reopen Abuja Airport as scheduled
The Chairman House Committee on Aviation, Onyejeocha Nkeiruka, on Wednesday implored the Ministry of Aviation…
NECAN faults sale of gas to GENCOs in dollars
The Network for Electricity Consumers Advocacy of Nigeria (NECAN) says the sale of gas to Electricity…
NADDC reaffirms FG support for Nigerian Auto Policy
The National Automotive Design and Development Council (NADDC) has dismissed insinuations that the Federal Government has…
Senate proposes death penalty for sea piracy
A bill seeking death penalty for anybody that caused death during sea piracy scaled second reading…