UK dominates capital imports into Nigeria in Q4, 2014

The source of the greatest value of capital imported to Nigeria continues to be the United…

Customs WMC records 1,608 seizures in first quarter

The Western Marine Command of the Nigeria Customs Service said it recorded 1,608 seizures between January…

Greece to sell Piraeus Port stake within weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the…

Two tankers load oil at eastern Libyan ports

A tanker bound for Italy was loading 600,000 barrels of oil at the Libyan port of…

Russia nominates candidate for IMO top position

The Russian Federation has proposed its first candidate for the position of the Secretary-General of the…

FG reopens land borders

The Nigeria Immigration Service (NIS) has been directed by the Federal Government to re-open the land…

Pirates hijack Iranian fishing vessel off Somalia

Earlier last week pirates hijacked an Iranian fishing vessel in the waters off the coast of…

Boat carrying Olu of Epe’s son, five others drown after voting

Kunle Adewale, a son of the Olu of Epe, and five others drowned on Saturday in…

Yemen shuts down ports amid air strikes

Yemen shut down all major ports on Thursday amid bomb strikes launched by the Saudi Arabia.…

Panama Canal Authority looking into fourth set of locks

The Panama Canal Authority is seriously studying construction of the fourth set of locks on the…

Ukraine arrests Turkish cargo ship over Crimea port call, threatens crew with jail

Ukrainian authorities have arrested a Turkish-owned cargo ship and detained its captain over a visit it…

Hapag-Lloyd sinks into red

German shipping company Hapag-Lloyd posted a net loss for 2014 of EUR603.7 million, a considerable dip from EUR97.4 million…