Customs duty on vehicles has not changed – Spokesman

Contrary to insinuations making the rounds in some quarters that the Nigeria Customs Service has increased…

NDLEA arrests Cambodia bound trader with $1.4m drugs 

The National Drug Law Enforcement Agency (NDLEA) has intercepted a textile merchant with 4.4kgs of methamphetamine at…

Shipowners avoid new ‘pirate hotspot’ in west of Philippines

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels…

One killed, another injured in Felixstowe port blast 

One person has died and another was seriously injured overnight in an explosion in the boiler…

HMM to buy 20% stake in Total Terminals International

South Korean shipping company Hyundai Merchant Marine (HMM) said that it plans to buy a 20-percent stake…

Thessaloniki port privatisation in the home stretch

The long drawn-out privatisation process of the Greece’s second port, Thessaloniki is now in the home…

China shipyards record 32.6% fall in new orders for 2016

New shipbuilding orders received by China’s shipyards in 2016 have fallen by 32.6% year-on-year to 21.07m…

Crude carrier arrested in Singapore

Ambassador, a Suezmax crude oil tanker, has been arrested in Singapore waters, according to Supreme Court…

Government injects funds to resuscitate shipbuilding industry

The Ministry of Trade, Industry & Energy announced Wednesday that it will invest 245.1 billion won…

PHOTO: Amaechi visits Kirikiri

Minister of Transportation, Rotimi Amaechi (right) and the Managing Director, Nigerian Ports Authority, Hadiza Bala Usman…

Top quotes of the day

“We will like to point out for the umpteenth time that whether in office or out…

Nigeria among worst countries to do business 

Honduras, Venezuela and Tanzania are the only three countries – of 82 select countries – with…