According to a Jan. 14 report from The Wall Street Journal, India aims to invest $100b by 2020 to build new ports and develop its shipping industry in a bid to boost trade, Shipping Minister G.K. Vasan said.
(Source: The Wall Street Journal)
India reached a deal on Wednesday to develop a strategic port in southeast Iran despite U.S. pressure not to rush into any such trade agreements before world powers
Libya has persuaded a foreign shipper to send a tanker to the eastern port of Derna for the first time since a warplane belonging to the official government bombed
Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday.
It declared force majeure