Evergreen unveils plan to charter six 18,000 teu containerships

Taiwan’s container line Evergreen Marine is planning to charter six 18,000 teu containerships in a bid…

FG targets N3.5tn from non-oil sector

The decline in the price of crude oil in the international market may have forced the…

Foreign investments drop by 32% in one month

Foreigners have reduced their investments in the Nigerian Stock Exchange due to concern about insecurity and…

Industrial action disrupts DP World’s operation at Fremantle

The industrial action being undertaken by the Maritime Union of Australia (MUA) at the Fremantle port…

World’s largest recycling yards apply for EU list

Two Chinese ship recycling yards, the world’s largest facilities, have applied for the EU’s future list…

Manila port scrambling to avoid holiday congestion

With only a week before the Christmas and New Year’s holidays kick in, the Philippine Ports…

IMF says drop in oil prices to persist, help global growth

The recent drop in oil prices should persist, helping to boost global economic activity by up…

Oil theft: Navy arrests 12 suspects in A’Ibom

The regular surveillance of the Nigerian Navy Forward Operating Base (FOB), Ibaka, has yielded results with…

Community seeks $100m compensation from Mobil over environmental degradation

Ibeno community in Akwa Ibom, wants Mobil Producing Nigeria (MPN) Unlimited, to pay 100 million dollars…

Maersk sees stable but slower growth in regional demand

Container shipping giant Maersk Line has so far not seen major benefits from the fall in…

APM Terminals goes renewable with wind power at Maasvlakte II

APM Terminals has signed a two-year, €5 million (USD $6.23 million) contract with Amsterdam-based NV Nuon…

Hong Kong port plan till 2030 released

A study on Hong Kong’s strategic plan for its port, The Strategic Development Plan for Hong…