Dangote: I am not interested in buying NLNG, not even on credit

President of Dangote Group, Alhaji Aliko Dangote, has said that if the federal government offers to…

FG accuses Shell of crude oil theft, demands $406 million

The Nigerian government  is demanding $406.75 million minimum from Shell Petroleum Development Company (SPDC) of Nigeria Limited…

Maritime Security: Navy to enjoy priority In 2017 budget

The House of Representatives, on Tuesday promised to give the Nigerian Navy priority attention in the…

FG kicks as US bans Nigeria’s cocoa

The Minister of Labour and Employment, Chris Ngige, has expressed concern over the ban on importation…

FG floats N25bn loan scheme for transportation

The Federal Government has set up N25 billion revolving loan scheme for transport companies in the…

Nigeria ranked 36th in Africa with sustainable economic opportunities

Nigeria is one of 10 countries in Africa that have improved across all four sub-categories of…

Hanjin failed because it could not compete with rivals, says Chairman

The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by…

ZIM Shipping loses to $74m in Q2  

Zim Integrated Shipping Services recorded a $74m net loss in the second quarter of the year.…

Yemeni rebels destroy UAE military logistics ship in Red Sea

Arab coalition forces have launched operations against militia boats of Yemen’s Houthi group that struck a…

New Zealand welcomes Maersk megaship 

New Zealand’s government has welcomed the arrival of the Aotea Maersk in Tauranga, the biggest container…

Vessel orders nosedive in Q3

Overall contracting of new vessels plunged in the three-month period from July to September to a…

COSCO to double Piraeus Port cruise passengers

China’s biggest shipping company wants to more than double the number of cruise passengers using Greece’s…