Lawyer petitions Ambode over forceful takeover of Tarzan jetties

Lagos lawyer, Ebun-Olu Adegboruwa, has raised the alarm over what he claimed to be an unlawful…

Committee says lack of shipping line costs Nigeria $2.2b

Nigeria lost $2.2 billion in 2014 due to lack of an international fleet, a Ministerial Committee…

Customs arrests 12 over recruitment, auction scam

The Nigeria Customs Service (NCS) has said that it was not conducting an recruitment exercise. In…

New CBN policy will boost investors confidence in Nigeria

As the new foreign exchange policy regime dawned yesterday, analysts are confidence that the implementation will…

Osinbajo urges business practitioners to embrace arbitration

The Vice President, Prof. Yemi Osinbajo, has urged business practitioners to embrace commercial arbitration for the…

Drewry: Peak season volume to stay on 2015 level

The 2016 third quarter peak season will not bring much respite to carriers as the period…

Three southeast Asian nations to designate shipping corridor in piracy battle

Indonesia, Malaysia and the Philippines agreed to designate a transit corridor for commercial vessels crossing a…

Korean top three yards to cut more than 6,000 jobs this year

South Korea’s top three shipbuilders are expected to cut more than 6,000 jobs this year as…

Cosco Pacific proposes name change to Cosco Shipping Ports

Container terminals operator Cosco Pacific Limited has proposed to change its name to Cosco Shipping Ports…

Crew stab captain to death on South Korean fishing vessel

Two Vietnamese crewmen on a South Korean fishing vessel in the Indian Ocean have allegedly stabbed…

Iran oil exports hit record high

An official said 9 oil tankers have docked at Iran’s largest oil terminal on Saturday thus…

Panama Canal conducts trial test on locks

The Panama Canal Authority (ACP) conducted another trial transit in the Expanded Canal on Monday with…