The federal government has suspended the exportation of all wood products including processed, semi-processed and unprocessed…
Author: Ships & Ports
Customs laments drop in revenue over CBN forex restriction on 41 items
Zonal Coordinator in charge of Zone ‘A’ of the Nigeria Customs Service, Assistant Comptroller General,…
Customs intercepts 1,449 bags of smuggled rice
The Federal Operations Unit Zone ‘A’ of the Nigeria Customs Service has intercepted five trucks loaded…
Apapa Customs loses N13bn to declining import volumes in first quarter
The sharp decline in the volume of imported cargo through the Apapa port is currently taking…
Philippines cracks down on overtime cargoes
The Philippines is not only making pre-emptive moves to crack down on overstaying cargoes ahead of…
Iran threatens to close Strait of Hormuz to US, allies’ ships
Iran is threatening to shut the Strait of Hormuz, a major choke-point for oil shipments, to US…
ICS to seek for balance in York Antwerp rules
The International Chamber of Shipping (ICS) plans to push for an improvement on the present system of the York…
Cosco shipyard wins deal to build two oil tankers
China’s Cosco (Zhoushan) Shipyard has bagged an order to build two 113,000-dwt crude oil tankers for…
Pressure builds on shipping industry to set carbon targets
Reuters: Disagreement among nations means no carbon emissions targets have been set for international shipping, but…
WTO: Trade growth to remain subdued in 2016 as uncertainties weigh on global demand
Growth in the volume of world trade is expected to remain sluggish in 2016 at 2.8%,…
Still on CBN’s forex control
The Central Bank of Nigeria (CBN) policy restricting forex supply to importers of rice and other…
When the insane are normal, the normal are insane
By Bolaji Akinola The wave of media cheerleading for Senate President Bukola Saraki, PDP mouthpiece Olisah…