The construction of a new freight port north of Nynäshamn, the Stockholm Norvik Port, was launched today, according to…
Category: News
Cosco Ports sees good 7% growth to 8.2m teu in August
China-focussed terminal operator Cosco Shipping Ports (CSP) seems well on the road to recovery in the…
Drewry: Perishable reefer trade to continue growing
Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in…
Niger Delta Avengers rescue drowning Nigerian soldiers
The Niger Delta Avengers (NDA) has advised President Muhammadu Buhari to train Nigerian soldiers first on…
Egypt takes delivery of second mistral warship
Egypt took delivery of a second French Mistral helicopter carrier on Friday, part of a $1…
Nigeria imports rice worth $6m daily – Ogbeh
The Federal Government has said the country spends $6m on the importation of rice daily. The…
Court declines jurisdiction to hear case against Customs boss
A Federal High Court sitting in Lagos, has declined jurisdiction to entertain the case challenging the…
World’s largest ship lift set to enter its trial stage in 2 days time
World’s largest ship lift in the Three Gorges Dam in central China is to enter its…
Global oil prices dip on Libya, Nigeria fuel supply
World oil prices fell Friday as the prospects of higher output from Libya and Nigeria further…
Nigerian inflation rises to 17.6 percent in August
Annual inflation in Nigeria accelerated to 17.6 percent in August, a fresh 11-year high and the…
Recession: FG releases fresh N350bn to boost economy
The Federal Government in a bid to stimulate economic activities says it is releasing additional N350bn…
Report accuses European oil companies of selling dirty, toxic fuel to Africa
European oil companies, especially Swiss commodity traders, are exploiting weak African fuel standards by selling toxic…