Despite optimum conditions for piracy in Somalia, the presence of international naval patrols and armed guards…
Author: Ships & Ports
Jonathan says Nigeria owes Chief Shonekan huge debt of gratitude
President Goodluck Jonathan on Friday felicitated with a former Head of the Interim National Government, Chief…
‘External reserves can’t pay for more than 3 months of imports’
The nation’s foreign exchange reserves fell one per cent month-on-month to $29.5 billion by April 28,…
Dikko’s future at Customs House
Despite the gains recorded by the Nigeria Customs Service (NCS) under Abdulahi Inde Dikko as…
Costa Concordia to embark on its final journey
The first phase of the Costa Concordia dismantling and recycling project has been completed nine months after…
Jonathan urges Buhari’s administration to boost railway system
President Goodluck Jonathan on Thursday urged the incoming Buhari administration to continue to boost the railway…
Customs impounds N250m fake drugs
The Federal Operations Unit (FOU) Zone ‘C’, Owerri of the Nigeria Customs Service, (NCS) has impounded…
Six workers injured in Greek refinery fire
Six workers were injured Friday when a fire broke out at an oil refinery near the…
Shipping freight rates to stay low until at least 2020, says Goldman Sachs
Shipping freight rates, which have hit record lows this year, are set to remain weak for…
Shanghai container throughput rises 3% in April
China’s Shanghai port, the world’s busiest container port, registered a small increase in container throughput in…
New $1.8bn Singapore megaport will have 20 deep water berths
The Maritime and Port Authority of Singapore (MPA) has signed a milestone contract for the construction…
DP World returns to bond market after eight-year hiatus
The Dubai port operator DP World is returning to the bond markets after an eight-year hiatus…