Nigeria spends $2.41bn on rice importation in three years, says CBN

Nigeria spent a whooping $2.41bn on rice importation just between January 2012 and May this year,…

ICDs to begin operation soon, says Shippers’ Council boss

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Hassan Bello said on Wednesday in Lagos that…

Photo: Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) at NAGAFF village

L-R: Business Analyst, Nigeria Inter-Bank Settlement System Plc, Aituazobe Kola-Oladejo; Founder, National Association of Government Approved…

Port of Garston to get new bulk terminal

Britain’s largest port operator Associated British Ports (ABP) has set aside GBP 2.2 million (USD 3.4m)…

Egypt to construct new side channel at Port Said

A new side channel is about to be built near the Suez Canal to provide smaller ships…

South Korean big three hit hard in second quarter

Korean shipbuilding giants Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI)…

Container carriers rush to Iran

Container carriers are setting up operations to Iran following the deal with P5 +1 powers on lifting…

DP World unveils Jebel Ali T4 as Europe and Middle East lead growth

Volume growth in Europe and the Middle East led a 4.2% global rise in container handling…

STOAN dissociates its members from planned conference on port concession agreement

The Seaport Terminal Operators Association of Nigeria (STOAN) today issued a statement dissociating itself and its…

Another shipowners association emerges with Omatseye as President

A former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye has been…

Customs seals Stallion, Olam, 2 others over N23.6bn import duty debt

The Nigeria Customs Service (NCS) yesterday sealed the warehouses and business premises of four major rice…

EFCC arraigns vessel crew members over bunkering

The Economic and Financial Crimes Commission (EFCC) has arraigned the crew members on board a vessel,…