Moore Stephens: Shipping’s operating costs fall for 4th successive year 

Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015,…

Panama ratifies Ballast Water Management convention  

Panama has become the latest country to accede to the International Maritime Organisation (IMO) Ballast Water…

Cargo traffic at India’s major ports up by 5.2% 

The cargo volumes at India’s Major Ports increased by 5.2 percent during the first half of…

Manila ports expect no congestion this peak period

The port congestion that halted shipments to Metro Manila and caused price hikes during the past…

Paris MoU detains two ships  

The Paris Memorandum of Understanding (MoU) organization has detained two vessels in a Norwegian and a Russian port…

Nigeria Customs dismisses 29 senior officers

Twenty-nine (29) Senior officers of the Nigeria Customs Service have been dismissed for various acts of…

NNPC slashes price of Nigeria’s crude oil grades

The Nigeria National Petroleum Corporation (NNPC) on Thursday slashed the official selling price of Nigeria’s crude…

Osinbajo to militants: You are end losers of pipeline bombings

The Vice President has said that the people of the Niger Delta region will be the…

CBN to guarantee Letters of Credit for importers

  In fulfilment of its pledge to fund forward sales under the new flexible foreign exchange…

NIPCo acquires major shares in Mobil Oil

Nipco Investment limited, a wholly-owned substitute diary of NIPCo Plc (both Nigerian companies) have acquired 60…

Amaechi says FG needs more time to negotiate railway deal with GE

The Federal Government needs more time to negotiate a railway concession project with the United States’…

Customs seizes cigarettes declared as millet at Lagos port

Four containers of cigarettes falsely declared as millet have been seized by the Apapa Area Command…