Hanjin’s Panamax quartet sold for USD22.4m 

Four of Hanjin Shipping’s 4,275 TEU containerships were sold to South Korean company Korea Marine Transport…

Shanghai port poised to set new container record in 2016

The world’s busiest port of Shanghai is poised to beat the container throughput of 36.54m teu…

Largest dry dock in California arrives at BAE in San Diego

A new 950-foot-long, 55,000-long-ton floating dry dock arrived at BAE Systems’ San Diego shipyard last week,…

UK transfers burnt ship to Port of Liverpool

UK’s authorities have decided to move the burnt bulk carrier V Due to the Port of Liverpool,…

How to boost indigenous participation in Nigeria’s shipping sector 

By Uzoigwe Chimezie Daniel The relevance of shipping in driving socio-economic development cannot be over-emphasized. According…

Military arrest 10 suspected Niger Delta militants

The Nigeria military has arrested 10 suspected militants terrorizing various creeks in Cross Rivers, Niger Delta…

Buhari: Economic recession will end soon  

President Muhammadu Buhari on Friday said that the Federal Government  was making relentless efforts to end…

Federal Government not taking IMF loan – Udo Udoma   

The Ministry of Budget and National Planning has explained that the Federal Government is not sourcing…

Oil prices rise ahead of meeting of OPEC and non-OPEC producers 

Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut output…

Edo tanker accident: FRSC confirms 53 persons burnt dead

The Federal Road Safety Corps (FRSC) has confirmed that 53 persons were burnt to death in…

NDLEA arrests chef with N14bn methamphetamine at Lagos airport

Officials of the National Drug Law Enforcement Agency (NDLEA) posted to the Murtala Muhammed International Airport (MMIA),…

South Africa tells stricken bulk carrier to stay away from coast

  South African officials are prohibiting the stricken bulk carrier Antaois from coming to within 30 miles of…