An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…
Category: News
Court jails former Daewoo Shipbuilding CEO 10 years for accounting fraud
Ko Jae-ho, the former head of the ailing South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering…
One dead, six missing as two cargo ships sink off Philippines
One crewman died and six have been reported as missing following the sinking of two cargo vessels off…
China’s richest man sees trade hit by Sino-U.S. tensions
China’s richest man, Wang Jianlin, said on Tuesday that rising tensions between the United States and…
Niger Delta militants blow up pipeline a day after VP visit
Unidentified militants in the Niger Delta have blown up a crude oil trunk line in Ughelli,…
Trump Commerce pick Wilbur Ross to keep interests in shipping
Wilbur Ross, President-elect Donald Trump’s nominee for Commerce Secretary, has pledged to sell his stake in…
Importers to receive vehicles at bonded terminals – Customs
The Nigeria Customs Service (NCS) has said it will create bonded vehicle parks and terminals nationwide…
Crude proceeds rose by N22.84bn in Nov – NNPC
Latest figures from the Nigerian National Petroleum Corporation (NNPC) have revealed that the country’s crude oil…
Panama Canal to reduce booking slots over delays
The Panama Canal Authority (ACP) plans to temporarily reduce the number of booking slots for supers…
Port of Antwerp confirms record annual haul
The Port of Antwerp closed 2016 with a record freight volume of 214,057,529 tonnes in 2016,…
Hong Kong container volumes fall below 20m TEU first time in 10 years
Despite a late push bringing a 14.3% rise in throughput to 1.8million TEU, to produce the…
PHOTOS: Fashola briefs Senators on closure of Abuja airport
Minister of Power, Works & Housing, Babatunde Fashola, on Tuesday January 17, 2017 briefed Nigeria’s upper…