COSCO deal to make ex-Hong Kong chief, family $1bn richer

Former Hong Kong Chief Executive Tung Chee-hwa and his family will be about $1 billion richer…

Port of Hamburg handles more cargo in 2016

Total seaborne cargo throughput at Germany’s Port of Hamburg reached 138.2 million tons in 2016, representing…

Shanghai port moves higher volumes in June

China’s Shanghai port has handled higher container volumes in June compared to the year-ago period, according…

Bourbon joins project to build world’s first autonomous offshore vessel

  French offshore services company Bourbon Offshore announced Tuesday it has signed on to a project…

Honduras ratifies Ballast Water Management Convention

Honduras has acceded to the Ballast Water Management Convention (BWMC), becoming the 61st country to do so.…

ICS and Liberia welcome amendments to ballast water convention

The International Chamber of Shipping (ICS) and the Liberia Maritime Administration have welcomed the IMO’s decision…

Number of containers lost at sea drops

The international liner shipping industry has managed to cut the average number of containers lost at…

How Patrick Akpobolokemi, Agaba, others stole N754m from NIMASA – EFCC

An Economic and Financial Crimes Commission (EFCC) investigator, Chukwudi Orji, has revealed how a former Director-General of…

E-auction: Only one bank, an Islamic bank, active on Customs platform

The Nigerian Customs Service (NCS) has explained that 22 out of the 23 duty collecting banks…

Lagos clearing agent faces N14m fraud charge

A 57-year-old clearing agent, Vincent Ikekeregor, who allegedly obtained N14 million on the pretext of clearing…

Emefiele: Review of forex policy on 41 items still on my table but… 

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele says the issue about the review of 41…

Hyenas, jackals will soon be sent out of my husband’s kingdom – Aisha Buhari

Aisha Buhari, the wife of the President, has given an insight into the power play at…