New tonnage record for Panama Canal

The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama…

The Alliance draws up plan to protect group from member bankruptcy

The Alliance is to set up an independently managed trust fund to safeguard cargo operations should…

America may be world’s biggest LNG supplier in two decades

By 2035, the U.S. may have surpassed Australia and Qatar to become the world’s biggest supplier…

Portland’s container port ‘saga’ still has uncertain ending

The Port of Portland has officially regained control of its container terminal, but agricultural exporters can’t…

OPEC cuts helping to stabilise Middle East OSV market

OPEC cuts to oil production are helping to stabilise the offshore supply vessel (OSV) market in…

Top quotes of the day

“The breakwater is broken and ships are avoiding Delta port and the ones that come there…

Customs defies Senate, slashes duty on old vehicles by 60% 

Despite the Senate directive that the Nigeria Customs Service (NCS) should suspend the proposed vehicle duty…

Ambode accuses Fashola of frustrating plans to reconstruct Oshodi-Airport road

Lagos State Governor, Akinwunmi Ambode, on Wednesday said his administration’s plan to carry out a total…

Fake tyres: Absence of interpreter stalls Chinese importers’ arraignment 

Two Chinese nationals, Tao Shen and Jing Yau, were on Wednesday arraigned before Justice Mojisola Olatoregun…

Nigeria loses over N130bn to corruption at land borders

Nigerian traders say the country lost more than N130bn to corruption at its porous land borders…

Four feared dead as Customs officers go on rampage again in Ogun 

At least four persons were feared killed on Wednesday morning when men of the Nigeria Customs…

Navy dismisses rating caught with Indian hemp

The Nigerian Navy on Wednesday said it dismissed a rating found in possession of 14.55 kg…