Two countries have signalled they may send warships to reinforce the European Union’s Red Sea…
Category: News
Panama Canal Eases Draft And Transit Restrictions As Water Levels Improve
The Panama Canal is easing vessel draft and transit restrictions after improved rainfall and water-saving…
Nigeria, UK Customs Push Trade Facilitation Deal
The Nigeria Customs Service and the United Kingdom’s His Majesty’s Revenue and Customs are set…
Somali Forces Free Oil Tanker Hijacked by Pirates
An oil tanker, Sibu 1, has been freed after being hijacked by Somali pirates in…
Four Teenage Girls Drown as Vessel Capsizes in Jigawa
Four teenage female passengers have died after a boat carrying eight people capsized at Dudduru…
Customs Seeks Forfeiture of 3 Aircraft Linked to MRS Boss Over $1.75m Duty
The Nigeria Customs Service has asked the Federal High Court in Lagos to permanently forfeit…
Tinubu Pledges Stable Policies as Ogun, DP World Seal $7bn Deep Seaport, Economic Zone Deals
President Bola Ahmed Tinubu has assured domestic and international investors of the Federal Government’s commitment…
Oyetola: New Investments Must Strengthen, Not Displace, Artisanal Fishers
The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has stressed that new investments…
Shipping Lines Hail US Lifting of 12-Year Restriction on Nigerian Ports
Multinational shipping lines operating in Nigeria have welcomed the United States Coast Guard’s decision to…
Trump Renews Attack on IMO Net-Zero Shipping Framework
US President Donald Trump has renewed his opposition to the International Maritime Organization’s (IMO) Net-Zero…
BIMCO Warns Container Shipping Faces Supply Glut in 2027
The container shipping market could face a sharp weakening in 2027 as a surge in…