Take a boat ride out from the Nigerian port of Lagos and it is easy to…
Author: Ships & Ports
APM Terminals boosted by US and Europe divestments
APM Terminals has reported a 58.8% increase in third quarter profit to $345m from $203m in…
UAE to increase oil production to 3.5m barrels per day
The United Arab Emirates pledged to increase oil production to 3.5 million barrels per day to…
Maersk Line profit continues to grow in Q3
Maersk Line continued to grow its profitability in the third quarter reporting a $685m net profit.…
Three killed in China boat collision
Three people were killed yesterday in a boat accident on the Xijiang River in south China’s…
Maritime Workers Union dares Shippers’ Council over reduction of port charges
The Maritime Workers Union of Nigeria (MWUN) has kicked against plans by the Nigerian Shippers’ Council…
Poor product packing, major challenge to business growth- SON DG
Director General, Standards Organization of Nigeria (SON), Dr Joseph Odumodu has said that poor product packaging…
OPEC blames speculators for fluctuation in oil price
The Organisation of Petroleum Exporting Countries (OPEC) has blamed the fluctuation in crude oil price currently…
Seme Customs Command collects N973m revenue in October
The Seme Command of the Nigeria Customs Service (NCS) collected the sum of N973.5 million in…
Nigeria yet to fully utilise commercial shipping potential, says expert
The huge employment opportunities and the commercial viability that are bound in shipping has remained largely…
Police assures port users of safety as truck operators commence cargo evacuation
Divisional Police Officer (DPO) of the Lagos Port Complex (LPC), Apapa, Mr. Akeem Smith yesterday assured…
Maersk Line and MSC’s vessel sharing agreement to be implemented as planned
On 10 July 2014, Maersk Line announced a 10-year vessel sharing agreement (VSA) with MSC Mediterranean…