MOL forecasts return to profit amid group overhaul

Japan’s shipping major Mitsui O.S.K. Line is on the path of returning to profitability at the ordinary…

Global shipping fleet braces for chaos of $60bn fuel shock

Little more than 2 1/2 years from now, the global fleet of merchant ships will have…

China EximBank extends $4.4bn financing to Cosco Shipping Heavy Industry

Cosco Shipping Heavy Industry has secured RMB30bn ($4.4bn) worth of financing facilities over a three-year period…

Mexican President and Danish PM inaugurate APMT Lazaro Cardenas terminal

The President of Mexico Enrique Peña Nieto and the Prime Minister of Denmark Lars Lokke Rasmussen…

P&O Ferries reports record breaking freight volumes on English channel

P&O Ferries carried more freight across the English Channel in the first three months of the…

Buhari launches Nigeria’s economic recovery, growth plan

President Muhammadu Buhari has launched the Nigeria Economic Recovery and Growth Plan, ERGP, which seeks to…

PHOTOS: Buhari launches economic recovery plan

President Muhammadu Buhari has launched the country’s Economic Recovery and Growth Plan. The brief event took place…

Top quotes of the day

“I am not an importer and at no point did I import an SUV Range Rover.”…

Reps threaten zero allocation to Amaechi’s Transportation Ministry 

Four committees of the House of Representatives on Tuesday jointly expressed dissatisfaction over the implementation of…

EFCC grilled Jauro’s six-year-old child over NIMASA fraud – Witness 

A lawyer, Peter Achuneni, narrated on Tuesday how the children of a former Director-General of the…

Lawmakers ask Adeosun to constitute Customs Board immediately

The House of Representatives has urge the Minister of Finance, Mrs. Kemi Adeosun to urgently constitute…

Germany to deport 12,000 Nigerians as 128 perish at sea

Senior Special Assistant to President Muhammadu Buhari on Diaspora Affairs, Abike Dabiri-Erewa, says the German embassy…