Vice-President Yemi Osinbajo yesterday reiterated the Federal Government’s commitment to revamp the nation’s economy. Osinbajo gave…
Author: Ships & Ports
Nigeria’s records improved Terms of Trade in Q4 2015
The Central Bank of Nigeria (CBN) has said that the country’s Terms of Trade (TOT) improved…
Soldiers gun down suspected cultists, militants
Three suspected cultists reportedly lost their lives in a fierce gun battle on Tuesday with soldiers…
Panama Papers: ITF says Panama became tax haven as FOC flag country
Revelations of tax avoidance and related activities, mentioned in the leaked Panama Papers this week, could lead to…
Drewry predicts dismal prospects for container shipping
Further expected container shipping liner losses throughout the first half of 2016, exacerbated by the awful…
South Korean shipping company fined $950,000 in Hawaii over illegal discharges
A federal judge in Hawaii has sentenced a South Korean shipping company to pay a total of…
Baltic Dry Index climbs to 500 on firmer vessel demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose…
Canada urged to up its game on Arctic shipping
The Canadian government needs to create a governance structure for Arctic shipping corridor development and management…
Nigeria loses $1.5bn annually to oil cargo monopoly
Nigeria is said to be losing an estimated $1.5bn annually to a monopoly, which allows for…
Chevron confirms two dead in storage facility fire at Escravos fire
Chevron Nigeria Limited (CNL), an operator of Joint Venture with the NNPC, says a fire outbreak…
Abdullahi calls for tripartite committee on use of Ikorodu terminal
The Managing Director of Nigerian Ports Authority (NPA), Mallam Habib Abdullahi has called for the establishment…