Udo Emmanuel decries imposition of ‘outrageous tariff’ on imported seedling

Akwa Ibom State Governor, Udom Emmanuel, has decried imposition of outrageous tariff by the Federal Ministry…

UK detains three foreign flagged in September

Three more vessels were detained in UK ports during September 2016 after failing Port State Control…

Daewoo Shipbuilding to cut workforce by 24% amid mounting losses

Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs, or…

Carrier impairment losses could reach USD35bn, says Alphaliner

After it said that it expects an extraordinary loss of JPY 100 billion (USD 972 million) on…

U.S. Pentagon hints at retaliation after Yemen missile fire

The Pentagon on Tuesday warned that whoever fired missiles at a U.S. Navy destroyer and an…

Maersk and MSC suspend extra transpacific service after just three sailings

Maersk Line and Mediterranean Shipping Co (MSC) have suspended their extra transpacific service, added in response…

Seoul court considers selling Hanjin’s Asia-U.S. business

The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a…

ICTSI opens first phase of Basra Gateway terminal expansion

Manila-based container terminal owner and operator International Container Terminal Services, Inc. (ICTSI) has formally opened the…

CSCL to raise USD1.7bn by selling shares

China’s shipping company China Shipping Container Lines is looking to raise up to CNY 12 billion (USD…

$16bn EPZ: FG’s delay stalling 150,000 jobs in N’Delta – Ayiri

The Federal Government has been advised to use the prevailing ceasefire with Niger Delta militants to…

Navy’s medical mission excites Niger Delta communities

The Nigerian Navy has changed the perception of most communities in the Niger Delta region about…

Airlines decry low passenger traffic, high cost of fuel

Some domestic airlines in Nigeria have decried “continuous decline in passenger traffic” and increasing cost of…