Petroleum products will soon be transported by rail – GM, PEF

Plans are underway to transport petroleum products by rail to some parts of the country, Goddy…

Dana Air denies report of plane crash

Dana Air Sunday denied a report by a newspaper, Ibom Telegraph, that one of its plane…

Maersk Line, MSC and HMM enter strategic cooperation

Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) have reached an agreement to…

Oil traders prepare flotilla to ship U.S. exports to Asia

Oil traders and major producers are lining up a flotilla of carriers to ship more U.S.…

Hyundai Heavy lands $650m ship order from Iran

South Korean shipbuilder Hyundai Heavy Industries Co Ltd received a $650 million order to build 10…

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…