Ships & Ports

Denmark becomes country with fifth largest merchant fleet

Denmark becomes country with fifth largest merchant fleet

Denmark has again improved its place on the list of the world’s largest shipping nations, surpassing the United States to claim the fifth place. The milestone comes...

Gibraltar detains captain, chief officer of Iranian tanker

Gibraltar gives condition for release of Iranian oil tanker 

Gibraltar and the UK would facilitate the release of the detained Iranian crude oil carrier Grace 1 if there are guarantees the ship would not be going to Syria. UK’s...

EU agrees sanctions on Turkey over drillship in Cyprus EEZ

As Cyprus-back and Turkish drillships anchored near each other, European Union states have agreed on sanctions the EU should impose on Turkey for its illegal drilling...

Shanghai International Port

Container throughput at Shanghai ports rise by 5.1% in six months 

Container throughput at China’s Shanghai port has risen by 5.1% in the first half of this year compared to the year-ago period, according to Shanghai International...

Inflation Market Lagos

Inflation rate drops to 11.22%

The National Bureau of Statistics (NBS) on Monday released the consumer price index, which measures inflation with the index dropping year on year from 11.40 per cent in...

Customs gets presidential approval to distribute seized rice to orphanages 

Navy arrests 11 smugglers, seizes 483 bags of rice

The Nigerian Navy Forward Operating Base located at Ibaka, Mbo Local Government Area of Akwa Ibom, says it arrested eleven suspects conveying 483 bags of smuggled rice...

Godwin-Emefiele-CBN.

CBN’s trade monitoring system and Nigeria’s non-oil exports

The Central Bank of Nigeria (CBN) recently announced that it would launch a Trade Monitoring System (TRMS) in October. TRMS is an automated system that will reduce the...

Anti-piracy law will not end maritime crimes in Nigeria — Ogbeifun

Anti-piracy law will not end maritime crimes in Nigeria — Ogbeifun

The immediate past President, Ship owners Association of Nigeria (SOAN), Engr. Greg Ogbeifun, in this interview, speaks on the recent signing of the anti-piracy bill...

National shipping carrier: Revisiting another failed venture

National shipping carrier: Revisiting another failed venture

Former Minister of Transport, Rotimi Amaechi, stirred the hornet’s nest as he was leaving office early last month. During a valedictory meeting with maritime...

15 Nigerians arrested in Malaysia for fraud 

15 Nigerians arrested in Malaysia for fraud 

Malaysian police have arrested 15 Nigerians in one fell swoop on suspicions of being engaged in the business of swindling people. Of the 15, three are women. The...

Ghana, Sao Tome and Principe get visa-free entry to South Africa

Ghana, Sao Tome and Principe get visa-free entry to South Africa

The Department of Home Affairs says the country’s new eVisa system will launch in November 2019, and it has added new nations to the list of countries that can enter...

Nigerian-Passport

Buhari directs NSPMC to produce Nigerian passports in-country 

President Muhammadu Buhari has directed that the production and personalisation of all Nigerian e-passports and related documentation shall be the sole responsibility of...

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