Grim outlook for liner shipping as continued weak market pushes carriers to the brink

The shock waves from the collapse of a top-20 container line such as Hyundai Merchant Marine…

Four El Faro Crew’s Families Settle with TOTE Maritime

Four more families of the deceased crew members aboard the ill-fated cargo ship El Faro have…

Hong Kong March volumes slide again

The port of Hong Kong continues its downward spiral with a 8% drop in March throughput…

HHI records 42pct drop in Q1 orders

South Korean shipbuilding major Hyundai Heavy Industries Co. (HHI) saw a 42.2 % fall in new orders for…

OPEC freeze failure could hasten oil’s recovery

Saudi Arabia’s increasingly bitter dispute with Iran is now being played out in the oil market.…

Abdullahi: Nigerian ports are very competitive, only smugglers import through Cotonou

Managing Director of Nigerian Ports Authority (NPA), Mallam Habib Abdullahi has declared the nation’s port concession…

SON DG begs FG to return to ports; needs 10,000 staff to execute mandate

Acting Director-General, Standards Organisation of Nigeria (SON), Paul Angya, has appealed to the Federal Government to…

Customs revenue drops by N2.7bn at Tin Can Port

The Nigeria Customs Service (NCS), Tin-Can Island Command, has recorded a revenue shortfall of N2.7 billion…

NPA inaugurates public procurement committee, to immunise staff against meningitis

The Managing Director of Nigerian Ports Authority, Mallam Habib Abdullahi has called for synergy among the…

Nigeria cannot be a dumping ground for vessels, says NIMASA

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside has reiterated Nigeria’s…

Singapore, PIL lead in fleet value

Singapore owners control nearly 2,000 deep-sea going vessels with a total value of USD 35.4 billion,…

Containership scrapping to pick up in 2016

Containership scrapping is expected to intensify in 2016 as charter market demand for Panamax ships is bound…