Ships & Ports
It’s wrong for Customs to raid markets, seize traders’ goods — Nwabunike
Tony Uju Nwabunike is the National President, Association of Nigerian Licensed Customs Agent (ANLCA). In this interview with Shulammite ‘Foyeku, he speaks on...
Hapag-Lloyd signs space charter deal with Maersk, MSC
German shipping major Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). As...
P&I Clubs brace for wave of IMO 2020 claims
Mutual insurers are holding their breath during the early weeks of IMO 2020 regulations, as fuel compliance, scrubber performance and wash water issues present a whole...
Nigeria’s inflation hits 19 months high
The consumer price index, which measures inflation, stood at 11.98% in December 2019,” according to a report released by the National Bureau of Statistics (NBS)...
Navy hands over suspected oil thieves, vessel to EFCC
The Nigerian Navy Ship Delta, NNS Delta has handed over a motor vessel, MV Salvation and nine crew members allegedly involved in illegal oil deal to the Economic...
Port of Singapore container throughput hits record 37.3m TEU
The Port of Singapore’s container throughput in 2019 hit an all-time high of 37.2 million TEUs, amidst challenging global economic conditions driven by...
Suez Canal bars ships from discharging scrubber water
The Suez Canal Authority has advised shipowners that discharging wash water from open-loop scrubbers during transit in the waterway is strictly forbidden. Based...
Navy seizes 1,439 bags of smuggled rice in Ibaka
The Nigerian Navy, Forward Operating Base, Ibaka in Mbo, Akwa Ibom State, arrested six suspected smugglers, seized 1,439 bags of smuggled rice between December...
VAT now 7.5% as Buhari signs 2019 Finance Bill into law
President Muhammadu Buhari on Monday signed the 2019 Finance Bill, which increased the rate of Value Added Tax (VAT) from the present 5% to 7.5%, into law. The...
Navy commissions 22 for command level
The Commandant of Naval War College Nigeria (NWCN), Rear Adm. Adeseye Ayobanjo, has commissioned 22 naval personnel for the Command Level Officers’ Course 3....
VAT now 7.5% as Buhari signs 2019 Finance Bill into law
President Muhammadu Buhari on Monday signed the 2019 Finance Bill, which increased the rate of Value Added Tax (VAT) from the present 5% to 7.5%, into law. The...
It’s embarrassing Nigeria has become haven for piracy — NIMASA
The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has described as embarrassing pirate attacks on...
