Zim cuts loss, negotiating with employees ahead of restructuring

Zim has cut its first quarter loss by 45% to $62 million as it awaits approval…

Two firms combine strength to acquire LNG assets

Commodities shipper BW Group and Singapore’s Pavilion Energy have agreed to form a joint venture to…

Shippers’ association blames Customs for high port cost

The Shippers’ Association of Lagos State (SALS) has said that collection of unlawful levies by officers…

China reassures Nigerians of standard imported products

The Chinese Consul-General to Nigeria, Mr Liu Kan, on Wednesday assured Nigerians of his government’s commitment…

MWUN plans bill to enhance dockworkers welfare

The Maritime Workers Union of Nigeria (MWUN) has said that it is working on proposing a…

Egbudin: Volume of vehicles transferred to Seme has improved

Three weeks into the commencement of the new vehicle transit regime at Seme border, Customs Area…

Shonekan wants Seminar for Judges to hold annually

Former Head of State, Chief Ernest Shonekan, has commended the Nigerian Shippers’ Council for hosting the…

Police moves to tighten security at seaports

The Western Ports Command of the Nigeria Police Force on Wednesday met with representatives of the…

Vietnam boat sinks after collision with Chinese vessel

A Vietnamese boat has sunk after it collided with a Chinese vessel near a controversial oil…

World Maritime University signs MoU with EIMA, Dubai

A Memorandum of Understanding (MoU) on Academic Cooperation was signed in Dubai between the World Maritime…

CMA CGM reports marginal increase in Q1 profits

The world’s third largest container line CMA CGM remained the black in the first quarter with…

Rosneft to acquire controlling shares in Seadrill

Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller, Norway’s Seadrill, after…