No freight rate recovery for years to come, warns Maersk CEO

Erosion of freight rates in the global container shipping trades is likely to continue for the…

NNPC seeks police assistance to protect pipelines

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Joseph Dawha, has solicited…

EFCC challenges firm to provide evidence of sale of stolen crude oil

Following reports by the Wall Street Journal (WSJ) regarding investigation by the United States Government into…

Aug 28 Front Picture

Royal Navy sailors evacuating bales of cocaine intercepted across the Caribbean yesterday.

Italy finds 19 boat migrants dead, saves over 3,500 since Friday

Italy’s maritime search and rescue service saved 3,500 migrants and found 19 corpses in the Mediterranean…

Humanitarian group sets off on mission to aid migrant boats in distress

A privately-funded humanitarian group seeking to aid distressed migrant boats in the Mediterranean Sea set off…

Rotterdam terminal cost weigh heavy on Odfjell

Odfjell has reported a $26 million loss in the second quarter as its bottom line was…

Cargo throughput rise by 15.4% at Nigerian ports

Cargo throughput at the nation’s seaports rose by 15.4 per cent to 41.32 million metric tonnes…

Marine Engineers rue economic loss, capital flight to lack of shipbuilding yards

The Marine Engineering and Naval Architecture (MENA) division of the Nigerian Society of Engineers (NSE) has…

Customs clears N5.3bn ETLS goods in six months

Goods worth N5.3 billion were cleared through the ECOWAS Trade Liberalisation Scheme (ETLS) and Joint Committee…

‘Freight forwarders should refrain from challenging fiscal policies’

President, National Association of Air Freight Forwarders and Consolidators (NAFFAC), Mr. Thomas Agubamah has advised freight…

Aug 27 Front Picture

Vice President Namadi Sambo presenting the National Productivity Order of Merit award to CEO of Multimix…