A combination of bad weather and road blockages along with a recent rises in coal demand…
Category: News
Cargo volumes down 1.1% in 2016 at Port of Rotterdam
The Port of Rotterdam has announced it saw freight volumes fall by 1.1% to 461.2mn tonnes…
Scorpio Tankers slides into red
Monaco-based tanker owner Scorpio Tankers has plunged into a net loss of USD 29.7 million for…
Volumes surge at Port of Long Beach
The US Port of Long Beach handled 8.7 percent more volumes in January 2017 than a…
Loading, unloading at Iranian ports up 9.4% in 10 months
More than 118.87 million tons of goods were loaded and unloaded at ports of Iran during…
Malacca and Singapore Straits traffic hits new high in 2016
Despite the difficult shipping markets in 2016 traffic in the world’s busiest shipping lane – the…
ICPC freezes N6bn SURE-P funds, recovers 124 vehicles
The Independent Corrupt Practices and Other Related Offencs Commission (ICPC) said it has caused the freezing…
Nigeria needs N9.47tn annual investments to bridge infrastructure deficit
The Head of Energy Research, Ecobank Plc, Dolapo Oni, said on Monday that Nigeria would require…
We need credible budget to stimulate economic growth
The President of the Senate, Dr Bukola Saraki, has reiterated the need for the national budget…
OPEC reports big Saudi oil cut, boosting compliance with deal
Top Organisation of the Petroleum Exporting Countries (OPEC) oil producer Saudi Arabia made a large…
Forcados trunkline attack responsible for Nigeria’s gas supply shortage – NPDC
The scarcity of gas being experienced across Nigeria has been attributed to last year’s incessant attacks…