Somali pirates release second hijacked ship 

Somali pirates have released a small dhow which authorities feared could be used to launch attacks on…

CMA CGM ship catches fire off Spain

The 9,415 TEU containership CMA CGM Fidelio caught fire while it was sailing off the coast of…

Four firms bid for Greece’s Thessaloniki port 

Greece has received three binding bids for a majority stake in Thessaloniki, its second-largest port, as…

MOL takes delivery of world’s largest containership 

  The world’s largest containership, the MOL Triumph, has been delivered to Mitsui OSK Lines (MOL)…

Shipping corporation of India modernizes fleet

The Shipping Corporation of India (SCI) has rejuvenated its outdated fleet slashing its age by almost a…

Baltic Exchange unveils changes to dry bulk indices

As part of the changes being made to its Supramax Index, the London-based Baltic Exchange will…

Carnival Corporation off to a good start

Miami-based cruise company Carnival Corporation Plc has ended the first quarter of 2017 with a GAAP net…

China firms eye infrastructure projects around Panama Canal

Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief…

China Shipping Ports profit plunges 43% 

Cosco Shipping Ports (CSP) saw 2016 net profit drop by 43% to $247m from $429.3m previously…

PHOTO: Customs CG Hameed Ali in APC ‘uniform’

Customs Comptroller-General Hameed Ali has been having a running battle with Senators over his refusal to…

PHOTO: NPA boss Hadiza Bala Usman storms Tinubu’s birthday colloquium 

L-R: Former Speaker, Lagos House of Assembly, Senator Olorunnimbe Mamora; former Ogun State Governor Olusegun Osoba;…

Customs responsible for 82% of charges at Nigerian ports – Deloitte 

A study by Nigeria’s leading accounting firm, Akintola Williams Deloitte, has blamed the high cost of doing…