Hyundai Merchant Marine (HMM) has said that it expects uncertainty over cargo volumes to continue in…
Category: News
CTSP grows container throughput by 12%
In 2018, Container Terminal Saint-Petersburg handled 722,000 TEUs, 12% more than the volume of 2017. In…
Samsung Heavy snubbed offer to buy rival Daewoo – KDB
Korea Development Bank (KDB) on Tuesday said Samsung Heavy Industries declined an offer to take over…
OPEC slashes 2019 oil demand forecast
The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday slashed it’s forecast for world oil…
Kenya rakes in $1.53bn from horticulture exports
Kenya earned KSh153.68 billion ($1.53 billion) from horticulture exports last year, while revenue from the sector…
Nigeria records 2.38% GDP growth in Q4 2018 – NBS
The National Bureau of Statistics (NBS) on Tuesday said Nigeria’s Gross Domestic Product (GDP) grew 2.38…
Female agent allegedly steals N390,000 for Dubai visa
A 49-year-old female visa agent, Rita Nchechukwube, was on Monday arraigned before an Apapa Magistrates’ Court…
Police arraign man for burglary, theft in Apapa
A 30-year-old man, identified as Umaru Adamu, was on Monday arraigned before an Apapa Magistrates’ Court…
Malaysia, Singapore spat worsens over vessel collision
A Malaysian vessel and a Greek-registered bulk carrier collided in Singapore territorial waters off Tuas on…
World’s largest LNG bunkering vessel christened in Hamburg
Germany-based LNG bunker supplier Nauticor has christened the world’s largest liquefied natural gas bunkering vessel Kairos…
UK, Switzerland to sign post-Brexit trade agreement
Britain and Switzerland will sign an agreement on Monday to continue trading on preferential terms after…