The Baltic Dry Index, the benchmark for dry bulk shipping freight, has fallen to as low…
Author: Ships & Ports
Owners still prefer South Asian shipbreaking practices
Ignoring industry leaders and human rights and environmental organisations, ship owners continue to profit from dangerous…
Panama Canal expansion completion delayed to end of June
After more than a year-long delay, a new set of larger locks for the Panama Canal…
Svitzer Firms Presence in the Caribbean
Towage specialist Svitzer has inked a 2.5 year contract to offer marine services at the NuStar…
MISC reports 12% rise in profit for 2015
Malaysia’s MISC Berhad has achieved better earnings in the financial year 2015, helped by better performances…
Port of Antwerp signs MoU with Chinese bank on One Belt, One Road
Antwerp Port Authority has signed a Memorandum of Understanding with the Industrial and Commercial Bank of…
Is Customs N1trillion revenue target for 2016 realistic?
The N1trillion target is ridiculous. How can they generate that with the Central Bank of Nigeria…
Is it the right time to buy secondhand dry bulk tonnage?
By Peter Shaw-Smith from Dubai Dry bulk is still a smart move if you have equity in your pocket,…
Cadet life on the flip side
By Bolaji Akinola The rain stopped as Jude turned into the road that went up through…
Cancellation of import duty waivers
The charging and waiving of Customs duty are an integral part of the tax system in…
Navy nabs three stowaways in Lagos
Three Nigerians who boarded a Europe-bound merchant ship have been arrested by operatives of the Nigerian…
Five foreigners held hostage by Niger Delta militants
Niger Delta militants are holding five foreigners ransom after hijacking a chemical tanker off the coast…