Moín Container Terminal receives its first vessel

APM Terminals’ Moín Container Terminal (MCT) in Costa Rica has been granted permission by the National…

Port of Rotterdam Authority invest $85.5m in Brazil’s Port of Pecém

The Port of Rotterdam Authority CEO Allard Castelein and the Governor of the Brazilian state of…

Eni, Total partner to boost Algeria operations

Eni on Monday said it had struck a deal to team up with Total to look…

Malaysia auctions luxury yacht linked to 1MDB scandal

A $250 million luxury yacht linked to a multi-billion dollar scandal at Malaysia’s state fund 1MDB…

Niger Delta pirates release 12 hostages taken from Swiss ship

Massoel Shipping, a Swiss shipping company says 12 crew members of a bulk carrier, MV Glarus…

Pirates kidnap crew members of container ship off Nigeria coast

  Poland’s Foreign Ministry on Monday said it was looking into the reported abduction of 11…

India, Japan seal $75bn currency swap deal

India and Japan on Monday signed a $75 billion bilateral currency swap agreement during Prime Minister,…

Crude oil dips over global economy outlook

Crude oil prices on Monday fell, as concern over the global economy put crude on track…

Is it surprising that Nigeria imports soup from China?

It is not because we import everything importable,including tooth picks. When I first heard the news,…

N650bn subsidy debt affecting downstream operations – Oil marketers

The Depot and Petroleum Products Marketers Association (DAPPMA) says the over N650 billion unpaid subsidy arrears…

Zambia considers rebasing economy size in 2019

Zambia on Sunday said it would set aside funds targeted at rebasing the size of its…