The Senate on Tuesday asked the Federal Government to abolish the Excess Crude Account (ECA). The…
Author: Ships & Ports
FG to probe Nigerians using offshore tax havens
The Minister of Finance, Mrs Kemi Adeosun, on Tuesday, said that the government would investigate…
Maersk Line reports profit despite cyber attack
By Jite Eriabie Maersk Line reported a net profit of $220m in the third quarter, compared…
CMA CGM to power 22,000 TEU containerships with LNG
By Jite Eriabie French shipping major CMA CGM Group has unveiled the decision to equip its…
NDLEA arrests policeman escorting Indian hemp vehicle
The National Drug Law Enforcement Agency (NDLEA) says it has arrested a mobile police officer (name…
Aviation unions maintain stand against concession of airports
The leadership of major aviation workers union has reiterated their stance against the plan by the…
Osinbajo decries long budgetary processes, says won’t turnaround economy
Vice President Professor Yemi Osinbajo says spending nine months on different budget-related processes before projects are…
ICS optimistic about zero carbon shipping
By Jite Eriabie The International Chamber of Shipping (ICS) has a vision of zero CO2 emissions from…
U.S. aircraft carriers to stage drill as Trump visits Asia
Three U.S. aircraft carrier strike groups will exercise together in the Western Pacific in the coming…
Maersk requires three more approvals to close Hamburg Süd acquisition
By Jite Eriabie Maersk Line has received clearance for its acquisition of German liner company Hamburg Süd in…
Indonesia’s Pelni to buy six secondhand containerships for $37m
By Jite Eriabie Indonesian state-owned line Pelni will spend IDR500bn ($37m) on purchasing six secondhand feeder…
Top quotes of the day
“What is responsible (for diversion of Nigeria-bound cargo to Cotonour Port) are government regulation, policies and…