Aero Contractors suspends operations, sends staff on indefinite leave 

After 15 months of struggling to sustain operation in Nigeria’s stiff economy marked by dearth of…

Hanjin Shipping to file for receivership in biggest ever boxshipping bankruptcy

South Korea’s Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing the support…

Italian coastguard rescues 3000 refugees in one day 

Some 3000 migrants were saved in the Strait of Sicily in 30 separate rescue missions on…

APM Terminals to invest USD70m to ready Port Elizabeth terminal for future trade

The Port of New York and New Jersey is the largest port on the US East Coast…

Dockworkers block French port of Le Havre over arrests 

Dockworkers briefly blocked traffic at the French port of Le Havre after two colleagues were arrested…

Former ST Marine senior exec jailed six months for corruption

Han Yew Kwang former chief operating officer and senior vice president of shipbuilding, had pleaded guilty…

Transocean Winner’s fate still undecided

The fate of the Transocean Winner remains uncertain nearly a month after the 17,600 ton drilling…

Iraq blacklists tankers transporting Kurdish crude oil

Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping…

CSCL sinks to $125m loss in first half

China Shipping Container Lines Company (CSCL) saw its first half results slumped to a loss of…

Cargo volumes rise at Port of Melbourne

Total container throughput at Australia’s Port of Melbourne recorded its fastest growth rate since 2011-12, increasing…

Amaechi signs Lagos-Ibadan, Calabar-Port Harcourt rail lines

Honourable Minister of Transportation, Chibuike Rotimi Amaechi, flanked by the Permanent Secretary, Ministry of Transportation, Sabiu…

FG moves to tackle EU ban of Nigerian beans export 

The Federal Government has inaugurated a 26-member Standing Inter-Ministerial Technical Committee to address the rejection of…