The Singapore Exchange (SGX) has confirmed it has made a bid to acquire the Baltic Exchange.…
Category: News
Edike commends shippers association for boosting Customs revenue
Zonal Coordinator in charge of Zone ‘A’, of the Nigeria Customs Service, Assistant Comptroller General Charles…
Pipeline vandalism: Navy warns against impunity
The Chief of Naval Staff, Vice Admiral Ibok Ibas, has warned against the renewed vandalism of…
Oil prices rebound sharply
World oil prices rebounded sharply last week on signs producers may still agree to limit output…
Photo: Vice President Yemi Osinbajo welcoming the Managing Director of Grimaldi Agency Nigeria Limited, Ascanio Russo
Vice President Yemi Osinbajo welcoming the Managing Director of Grimaldi Agency Nigeria Limited, Ascanio Russo and…
Shipping should adopt emissions cut pledge, shipowners tell IMO
The International Chamber of Shipping (ICS) has told the International Maritime Organisation (IMO) that the shipping…
Suez Canal access channel officially opened
A new 8.5km channel allowing large container vessels 24/7 access to APM Terminal’s Suez Canal Container…
DP World in UK management restructure after Southampton buyout
Further to the announcement in November 2015 of DP World emerging sole owner of DP World…
Maersk, Vale secure space at Ningbo-Zhoushan
Chinese Ningbo-Zhoushan port and shipping conglomerate A.P. Møller Mærsk Co have signed an agreement to expand cooperation…
US proposes inspection of all cargo going in and out of North Korea
The United States has tabled a draft UN Security Council resolution, backed by China, that, if adopted,…
Royal Caribbean lawsuits over nightmare cruise into storm
Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently…
Seadrill to address $10bn debt in first half of 2016
Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen,…