Exporters of processed woods have intensified efforts to reap from the exportation of the product…
Author: Ships & Ports
AfCFTA has increased intra-African trade by 20%, says UNECA
The United Nations Economic Commission for Africa (UNECA) has said that the African Continental Free…
British Navy says seizes smuggled Iranian weapons in Gulf
Britain’s Royal Navy said on Thursday it had seized Iranian weapons, including anti-tank guided missiles,…
Hapag-Lloyd CEO optimistic about shipping development in India
German container liner Hapag-Lloyd sees great opportunity in India where containerisation levels are still low,…
Nigeria records negative trade balance
Nigeria’s balance of trade position has reversed from surplus to deficit, recording a $20 million trade…
Nigeria ratifies AU convention on cross border cooperation
The Federal Executive Council (FEC) has approved the African Union (AU) Convention on Cross-Border Cooperation…
Cargo Tracking Note: Court convicts TPMS of stealing NPA’s €29m
An Ikeja Special Offences Court on Tuesday imposed N100 million fine to the Transport and Port…
India bans oil tankers, bulk carriers older than 25 years
India has withdrawn trading licences for oil tankers and bulk carriers that are more than…
Ukraine to set up $500m insurance fund for cargo ships entering ports
Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime…
Nigeria’s bonds rise globally as Tinubu leads vote counts
Nigerian bonds are posting some of the best gains in emerging markets as investors bet…
Australia bans fifth MSC vessel in 2023
The Australian Maritime Safety Authority (AMSA) issued a refusal of access direction notice the Liberian-flagged…
EU’s new wave of sanctions targets Russia’s Middle East shipping company
The EU has adopted a new package of sanctions against Russia and its supporters in…