Container freight rates rise by 346%

  Container freight rates are continuing to rise to record levels due to ongoing disruption to…

ZIM Q1 freight rates up over 75%

  Average freights rates at container line ZIM were $1,925 per teu in the first quarter…

Freight services to begin on Itakpe-Warri rail line Friday

  The Federal Government will on Friday flag off freight and haulage services on the Itakpe-Ajaokuta-Warri…

China’s western land-sea freight volume surges in the first nine months

  China’s western new international land-sea trade corridor connecting to Singapore has seen 3,174 trips during…

Nigeria lost $9 billion in crude oil freight to foreign ships — Bello

The Executive Secretary/CEO of Nigerian Shippers Council (NSC), Mr. Hassan Bello, is at present the longest…

Freight rate is a function of demand and supply — Bello

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Barrister Hassan Bello, in this interview with Shulammite…

FEC new freight office in Jibia border 

The Federal Executive Council (FEC) has approved a contract for the construction of a national freight…

Palletization: Shipping lines to hike freight charges to Nigeria by 40% 

More facts have emerged on the cost implication of the cargo palletization policy introduced late last…

Freight rates entering calmer waters, says Drewry 

By Jite Eriabie  Carriers’ lack of success implementing spot market freight rate increases in September is…

Freight rates weaken on Asia-West Africa trade route 

A demand growth recovery in the Asia-West Africa container shipping trade inspired two new fortnightly services,…

Shippers association ask FG to suspend palletisation of imports, says policy will increase cost of freight

Ahead of the July 11 deadline for implementation of the Revised Import Guidelines, the Shippers Association of Lagos…

BIMCO: Tanker freight rates continue dropping

Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and…