Shipping company MSC has signed a 45-year concession agreement with Nigerian maritime company Nigerdock to develop, operate and maintain a new container terminal at Snake Island Port in Lagos, the Switzerland-based company said.The dedicated MSC terminal would be part of the company's announced $1 billion investment in infrastructure and logistics in Nigeria.Global shipping companies are pushing to secure long-term footholds in emerging markets as supply chains are reconfigured worldwide…
Loading of four key Nigerian crudes in April will hold steady, preliminary loading programmes seen by Reuters showed, while lower demand and high freight rates continued to weigh on Angolan differentialsAmong recent offers was Kissanje at dated Brent minus 85 cents…
