China’s Shanghai International Port (Group) Co (SIPG) has achieved improved earnings for 2016, with Shanghai port…
Category: News
Ocean Rig files for bankruptcy restructuring
George Economou’s Ocean Rig and its subsidiaries have filed for bankruptcy restructuring with the appointment of…
Carnival Corporation off to a good start
Miami-based cruise company Carnival Corporation Plc has ended the first quarter of 2017 with a GAAP net…
China firms eye infrastructure projects around Panama Canal
Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief…
China Shipping Ports profit plunges 43%
Cosco Shipping Ports (CSP) saw 2016 net profit drop by 43% to $247m from $429.3m previously…
Six ships arrive Lagos ports with petrol, other commodities
Three ships laden with petrol are waiting to berth in Lagos ports, the Nigerian Ports Authority (NPA)…
West Africa Crude: Angolan cargoes traded, BPCL buys Nigerian crude
Several Angolan cargoes traded on Wednesday, while 2 million barrels of Nigerian oil found a home…
Some 146 migrants feared dead after shipwreck, sole survivor says
A rubber boat packed with 147 migrants sank in the Mediterranean and all but one of…
Madeira airport renamed after Ronaldo
The airport of Madeira, the Atlantic Ocean island birthplace of Portugal captain Cristiano Ronaldo, was renamed…
649 migrants drown in Mediterranean in 2017 – IOM
The International Organisation on Migration (IOM) said 128 migrants, comprising Nigerians and other West Africans, died…
DPR worries over increasing cases of fire outbreaks in filling stations
The Department of Petroleum Resources (DPR) has expressed worries over the increasing cases of fire outbreaks…