The Minister of Transportation, Rotimi Amaechi,on Monday said that Warri-Ajaokuta-Obaro-Abuja central rail project was expected to…
Category: News
ECOWAS warns FG against allowing militants, terrorists access to chemical weapons
The Economic Community of West African States (ECOWAS) has warned the Federal Government against ignoring the…
Gas will generate more revenue soon – Kachikwu
The Minister of State for Petroleum, Dr Ibe Kachikwu, on Monday said Federal Government would give…
Japan’s K Line, MOL, NYK to merge container shipping business
Japan’s big three shipping groups, K Line, MOL and NYK, have announced an integration of their…
Singapore mulls financial aid for struggling marine sector
The Singapore government is considering whether to help the city-state’s marine and offshore engineering (M&OE) sector,…
Indonesia resumes coal shipments to Philippines amid piracy concerns
Indonesia will resume some shipments of coal to the Philippines, a government official said on Sunday,…
Samsung Heavy swings to profit
One of South Korea’s biggest shipbuilders, Samsung Heavy Industries (SHI), has seen its net income surge…
International Chamber of Shipping commends IMO initiative on CO2 reduction
The International Chamber of Shipping (ICS) has applauded the agreement reached last Friday by the International…
PortMiami wins USD33m in future state grants
A total of USD33 million in state grants have been allocated to US East Coast PortMiami…
BIMCO says dry bulk market still in terrible condition
Despite better demand side conditions on the “road to recovery” for the dry bulk shipping industry,…
Firm to develop major oil storage terminal in Adriatic
Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil…
Why NNPC is not pumping petroleum products through System 2B Network
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday gave reasons for non-pumping…