Indonesian navy rescues hijacked tanker, arrests nine

The Indonesian Navy has retrieved an oil tanker that had been hijacked by pirates off Borneo arresting nine…

Maersk Group CEO says negative interest rates unhealthy for global shipping market

The owner of the world’s biggest shipping line says negative interest rates are hurting the industry…

Port of Liverpool welcomes return of Maersk line after 10-year gap

Port of Liverpool owner Peel Ports celebrated the return of shipping line Maersk with a formal…

Maersk Line making plans to tow fire-scorched Safmarine Meru to port

Maersk Line is working with Chinese authorities on a plan to tow the fire-scorched Safmarine Meru to port…

DP World launches new trade and logistics teaching programme

DP World has launched a new education scheme to engage 8-14 year olds in ports, trade…

Bank sacks manager after testifying in NIMASA fraud case, as another witness gets N93m without contract

An employee of Zenith Bank Plc, Brenda Ihekoromadu, confirmed on Monday that her superior, Miss Rita…

N1.5bn Fraud: Temi Omatseye knows fate May 20

Justice Rita Ofili-Ajumogobia of the Federal High Court in Lagos yesterday failed to deliver judgment in…

Military storm Tompolo’s Gbaramatu Kingdom

The people of Gbaramatu Kingdom in Warri South West Local Government Area, Delta State, have called…

Lagos releases N1.6bn for Lekki Free Zone, woos investors

The Lagos State Government has released N1.6billion as part of its equity contribution in the Lekki…

NIMASA to undergo massive restructuring, says Peterside

To reposition the maritime sector for greater performance, Director General, Nigerian Maritime Administration and Safety Agency…

Buhari fecilitates with Shonekan at 80

President Muhammadu Buhari has felicitated with elder statesman and former Head of the Interim National Government,…

Lagos Assembly identifies causes of boat mishaps

The ad hoc committee on boat mishaps set up by the Lagos State House of Assembly…