Category: Editors Pick

APM Terminals allays workers’ fears on automation 

APM Terminals allays workers’ fears on automation 

Leading global port operator, APM Terminals, has said that automating the Port of Los Angeles’ Pier 400 will protect business and jobs in an increasingly challenging...

CBN asks importers to trade with yuan instead of dollar 

CBN slashes interest rate to 13.5 percent — first time in three years 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over three years adjusted interest rate downwards to 13.5% Addressing...

Shell-Petroleum-Development-Company

Judge’s absence stalls $406.7m illegal oil shipment suit against Shell

The absence of Justice Mojisola Olatoregun of a Federal High Court in Lagos on Tuesday stalled the suit instituted by the Federal Government against Shell Western Supply...

Rwandan President Paul Kagame says Nigeria ‘sorting things out’ on AfCFTA

Rwandan President Paul Kagame says Nigeria ‘sorting things out’ on AfCFTA

The President of Rwanda, Paul Kagame on Monday said “Nigeria is sorting things out” to get on to the the African Continental Free Trade Area (AfCFTA).  In March...

Will Aishah Ahmad become the first female CBN Governor?

Will Aishah Ahmad become the first female CBN Governor?

As the first 5-year tenure of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele comes to an on June 2, 2019, several interest groups and regional blocks have...

Sea time training: NIMASA signs MoU with Indian maritime academy

Sea time training: NIMASA signs MoU with Indian maritime academy

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to a partnership with international institutions for sea time training of...

Ships & Ports Table Tennis Championship

Prince Shittu, LCM sponsor 2019 Ships & Ports Table Tennis Championship 

The immediate past National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Prince Olayiwola Shittu and top dredging firm, Lagos Channel...

Maersk targets carbon neutrality by 2050

Maersk, Shell, Heineken team up on ultra-large containership biofuels pilot 

Six Dutch multi-nationals, including Shell and Heineken, have teamed-up with A.P. Moller–Maersk for the largest ever maritime biofuels pilot on a Triple-E...

Hassan Bello

Shippers’ Council seek formation of national shippers’ association

The Nigerian Shippers’ Council, as part of its effort at revitalizing shippers’ associations in the country, has commenced moves for the formation of a National...

71 – mostly women and children - die in Iraq ferry disaster

71 – mostly women and children – die in Iraq ferry disaster

A ferry overloaded with people celebrating the Kurdish new year and Mother’s Day capsized in the Tigris River near the Iraqi city of Mosul on Thursday, killing at...

Ship sinks in Iran’s Shahid Rajaei Port

Ship sinks in Iran’s Shahid Rajaei Port

A general cargo ship laden with 153 containers has capsized while berthed in Shahid Rajaei Port, Bandar Abbas, Iran. Local Iranian media reports the 4,400dwt...

2 seafarers die in South Korea tanker fire

2 seafarers die in South Korea tanker fire

A fire aboard a 494-ton oil tanker off the southern coast of South Korea on Wednesday morning has claimed the lives of two seafarers and injured another.  The incident...