DP World records 53.6m TEU in nine months

DP World has reported a throughput of 53.6 million TEU across its global portfolio of container…

Konecranes to supply Khalifa Port automatic cranes 

Abu Dhabi Terminals, United Arab Emirates (UAE) has selected Konecranes to supply an automated stacking crane…

CMA CGM gets transpacific bonus as shippers shun ONE 

Transpacific volumes handled by CMA CGM soared this year as shippers abandoned the major Japanese carriers…

FG proposes N8.73tr for 2019 budget

Minister of Budget and National Planning, Udo Udoma, on Wednesday, said the Federal Government had proposed…

Oil bunkering: NSCDC arrests seven in Calabar

  The Cross River Command, Nigeria Security and Civil Defence Corps (NSCDC) says it has arrested…

Britain convicts ex-Afren executives of fraud

  Britain’s Serious Fraud Office (SFO) has said two former executives of collapsed oil company, Afren,…

U.S. grants waivers for S’African steel, aluminium products

  South Africa says that the United States had granted some local steel and aluminium producers…

Romania okays legal framework for Black Sea offshore gas

Romania’s lower house of parliament on Wednesday, overwhelmingly approved a much-awaited offshore hydrocarbons legal framework, needed…

Germany weighs financing options for LNG terminal

The German government is looking at what funding it may be able to make available to…

Saipem restates ties with Saudi Arabia

Saipem is committed to Saudi Arabia and plans to take part in a series of tenders…

DPR to ration fuel supply to border areas

The Department of Petroleum Resources (DPR) in Adamawa says it would limit the supply of petroleum…

Crude oil dips over demand concerns

Crude oil on Wednesday fell towards $75 a barrel to its lowest since late August, pressured…