ECOWAS targets 2017 for full implementation of common external tariff

The Economic Community of West African States (ECOWAS) has decided to reach effective application of the…

President Buhari orders NNPC to commence oil exploration in Benue trough

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation (NNPC) to commence the search for…

KLT Customs, stakeholders, move to boost export trade

The Nigeria Customs Service (NCS) on Tuesday said it had established a one-stop shop for all…

Greek island boat accident claims four lives 

At least four people, including a nine-year-old child, have died after a speedboat and a tourist…

South Korea’s big three lose 5,000 workers  

South Korea’s big three shipbuilders have cut their joint workforce by some 3,000 workers during the first…

Sightseeing boat hits three vessels in Boston Harbour  

A Boston Harbour Cruises sightseeing boat smashed into three other vessels Saturday afternoon after suffering a…

Ailing shipbuilder DSME posts worse-than-expected loss   

Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a bigger-than-estimated loss for the…

London Container Terminal welcomes first neo-panamax into Tilbury

The Panama Canal expansion has made its supersized presence felt all the way in the River…

Hanjin Shipping loss widens to $433m in first half

South Korea’s Hanjin Shipping has stayed in the red with a first half loss of KRW473.1bn…

Samsung Heavy reduces loss

One of South Korea’s biggest shipbuilders Samsung Heavy Industries reported a net loss of KRW 212.3…

Cosco Shipping Ports volumes up 3.5% to 8m teu in July, HK port down 11%

Container throughput at China-focussed port operator Cosco Shipping Ports rose 3.5% in July to 8m teu…

Abu Dhabi ports, ADSB team up on Zayed Port project 

Port developer and operator Abu Dhabi Ports and its compatriot shipbuilding company Abu Dhabi Ship Building…