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ABB to power first US-built all-electric vessels

ABB to power first US-built all-electric vessels

ABB has been selected to provide zero-emission technology for the first two all-electric vessels ever built in the United States. As informed, ABB will supply an...

US container imbalance worsening, says Alphaliner

US container imbalance worsening, says Alphaliner

The imbalance of US container imports over exports has worsened despite the implementation of protectionist trade policies by the US administration, according to...

China and US call tariff truce for 90 days

China and US call tariff truce for 90 days

U.S. President Donald Trump and President Xi Jinping of China have agreed to put a break on the escalating trade war and shelve further tariff increases that were...

Alhaji-Lai-Mohammed-Minister-of-Information-and-Culture

FG faults US agency’s report on Nigeria rice importation 

The Federal Government on Tuesday said there was no truth in the United States Department of Agriculture’s World Markets and Trade Report that claimed that Nigeria...

US includes sunken ship on Iran sanctions list 

US includes sunken ship on Iran sanctions list 

Iranian tanker Sanchi, which sank in the East China Sea on January 14, 2018, has been included in the new comprehensive list of over 700 sanctioned individuals,...

US convicts, fines German shipping firm USD3.2m for pollution

US convicts, fines German shipping firm USD3.2m for pollution

German shipping company, MST Mineralien Schiffahrt Spedition und Transport GmbH (MST), was sentenced and ordered to pay a USD3.2 million criminal fine due to hiding...

2nd- US tightens controls on ships arriving from Iraq

US tightens controls on ships arriving from Iraq

The US imposed additional security measures on vessels arriving from Iraq as of October 26. The US Coast Guard imposed conditions of entry on vessels that arrive in the...

Pakistan quits anti-piracy task force amid worsening US ties

Pakistan quits anti-piracy task force amid worsening US ties

Pakistan’s navy is no longer part of the counterpiracy Combined Task Force (CTF) that operates in the western Indian Ocean, according to officials. The decision to...

Petrobras

US, Brazil fine Petrobras $853m in bribery scandal

US and Brazilian authorities have fined Brazil’s state oil giant Petrobras more than $853 million for covering up bribes to Brazilian politicians and political...

Petrobras

US fines Brazil’s Petrobras $853m for bribery

US and Brazilian authorities have fined Brazil’s oil giant Petrobras more than $853 million for paying bribes to Brazilian politicians and political parties, the US...

Panama Canal increases maximum draft for neopanamax locks

Trade war: Panama Canal expects drop in number of US, China ships

Fewer ships from China and the United States could use the Panama Canal if trade tensions escalate between the two economic giants, but the dip could be offset by grain...

FG mulls legal instrument to unlock offshore gas exploration

China has an edge over UK, U.S. in Africa – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said China’s edge over the U.S. and UK in Africa is because it is providing what Africa needs....