Maersk to get decision on Hamburg Süd deal by March 27

Danish shipping giant Maersk Line is scheduled to receive the EU antitrust regulator’s decision on the company’s…

Italian court investigates whether smugglers finance rescue boats

The chief prosecutor of a Sicilian court said on Friday that a task force is looking…

Libyan militants release car carrier 

After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on Tuesday, according…

Baltic index rise on stronger capesize, smaller vessel demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities,…

Australia records first LNG bunkering operation 

Australia’s EVOL LNG is claiming the first LNG bunkering operation in Australia with the successful Truck-to-Ship…

Margrethe Maersk becomes largest ship to call Vietnam

Margrethe Maersk, an ultra large container vessel (ULCV) owned by Danish shipping giant Maersk Line, called…

Panel clears DP World of charges in Djibouti port dispute

DP World has been cleared of all charges of misconduct in connection with the award of…

Top quotes of the day

“They are not sincere about the programme (movement of cattle by train to Lagos). They launched…

CBN modifies foreign exchange policy  

The Central Bank of Nigeria (CBN) has released a new foreign exchange policy with immediate effect.…

DPR seizes vessel laden with contaminated fuel in Lagos 

The Department of Petroleum Resources (DPR) on Monday said it seized a vessel, MT JAZI, loaded…

Nigeria has no record of oil, non-oil export 

The Senate was on Monday was told that Nigeria has since June 2015 been exporting its…

Senate wants EFCC to beam searchlight on CBN, NNPC

Senate on Monday mandated the Economic and Financial Crimes Commission (EFCC) to beam its searchlight on…