FG approves disbursement of N150bn Vessel Acquisition Fund …As NIMASA forecloses extension of Dec. deadline for Single-hull vessels
DG NIMASA, Dr. Bashir Jamoh The Federal Government has approved the disbursement of the Cabotage Vessel Financing Fund CVFF estimated at over N150billion nearly 17 years after it was created…
China, Iran sign $400bn secret oil deal
China and Iran recently signed a 25-year trade deal not surprising given that one is a major OPEC producer and the other one of the world’s largest importers of crude.…
CODIV-19: Ship orderbook shrinks to 17- year low
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as Covid-19 has massively slowed contracting (-50per cent) while deliveries of new…
