International Customs

ABUJA: India's crude oil imports in May reportedly rose to see supply from Nigeria surge by nearly 200 per cent,...

Jamaica Mortgage Bank secures $180m court judgement against YP Seaton

KINGSTON: The commercial division of the Supreme Court has issued a default judgment against developer York Page Seaton regarding a...

Hong Kong Customs seizes 21,000kg illegal wood logs worth $13m

HONG KONG: Hong Kong Customs detected a suspected sea-bound cargo smuggling case and seized about 21 000 kilograms of wood...

Govt approves agreement for supplying up to 16.5MT of iron ore to steel plants in Japan, South Korea

SEOUL: The government today approved the renewal of agreement for supplying up to 16.5 million tonnes (MT) of high grade...

New Zealand Mosman Oil & Gas raises £400,000 , mulls acquisition

WELLINGTON: New Zealand oil and gas explorer Mosman Oil & Gas (LON:MSMN) has raised £400,000 just a week after an...

Adani Mining suspends preparatory engineering work on its Carmichael project in Australia

CANBERRA: Adani Mining has suspended preparatory engineering work on its Carmichael project in Australia, one of the world’s biggest untapped...

Private flour millers to import 5 lakh tonne wheat from Australia

CANBERRA: Private flour millers from south India are importing wheat for the first time in a decade and have contracted...

Australian dollar slips after strong US economic data

CANBERRA: The Australian dollar is weaker after strong US economic data lifted the greenback. The Australian currency was worth 77.15...

Motor vehicle fuel consumption increases 2.6% more than in April 2014 across Spain

MADRID: The amount of motor vehicle fuel purchased in Spain rose in comparison to last year for the fifth consecutive...

Over €70m tax fraud uncovers in 45 car breaker yards all over Spain

MADRID: 45 vehicle breakers yards all over Spain are under investigation by Hacienda this week on suspicion of having taken...

Baresso sells its 47 coffee shops in denmark

COPENHAGEN: Denmark’s largest coffee shop chain Baresso has been sold to the international investment company JAB Holding. Baresso Coffee has opened...

Men’s pension savings exceed women’s by 25%

MADRID: On average, men have over 120,000 kroner more than women in pensions savings, representing a 25 percent difference in...

Major cruise ship deal secures over 1,350 jobs at Meyer Turku

HELSINKI: The largest cruise ships in the world today, M/S Oasis of the Seas and M/S Allure of the Seas,...

Pasir Panjang opens container terminal worth of $3.5b

ATHENS: The prime minister of Singapore Lee Hsien Loong has opened phase 3 and 4 of development of PSA’s Pasir...

Ladbrokes announces further managerial changes as operator streamlines international operations

ROME: Continuing its operational and executive restructure under new CEO Jim Mullen, Ladbrokes plc has announced that following a review...

Five points to run out of six for IMO head post in Copenhagen

COPENHAGEN: In the fifth interview out of the six candidates running for the post of secretary-general of the International Maritime...

MMA Offshore wins Chevron contract worth $77.4m of in Australia

ATHENS: Chevron Australia has contracted MMA Offshore to provide supply base facilities and services over the next two years for...

Bergen group secures $7.7m loan to refinance its debt

ATHENS: Bergen Group has entered into a term sheet for a secured loan facility of NOK 60m ($7.7m) from Stavanger-based...

Dutch government to ensure Netherlands reduces greenhouse gas emissions

AMSTERDAM: A district court ordered the Dutch government to ensure that the Netherlands reduces greenhouse gas emissions at a faster...

Taiwan May export order slump deepens gloom for tech demand