Oil falls on U.S. drilling but OPEC cuts support market

Oil prices fell on Monday, with U.S. crude easing from two-year highs on prospects of higher…

New minimum wage: Buhari inaugurates 30 member committee

President Muhammadu Buhari on Monday inaugurated a 30-member tripartite National Minimum Wage Committee for the negotiation of…

Top quotes of the day

“Shipping lines are responsible for shipping illicit items to Nigeria and I say this with all…

Benue bio-fuel project: NNPC to select core investor soon– Baru

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it has almost concluded discussion on the choice of…

Amaechi assures investors of support to drive the transport sector

  Minister of Transportation, Rotimi Amaechi has assured that the Federal Government will support and incentivise…

Ship owners call on NIMASA to release $100m Cabotage Fund

The President, Nigerian Shipowners Association (NISA), Aminu Umar, has called on the Federal Government to intervene…

MWUN urges FG to develop inland water transportation

The Maritime Workers Union of Nigeria (MWUN) has urged the Federal Government to focus more on…

Clearing agent docked for assault

A 29-year-old clearing agent, Folorunsho Musiliu on Friday appeared before an Apapa Magistrates’ Court for assaulting one Ibrahim…

Two die in Chinese port city explosion

By Jite Eriabie  A major explosion hit China’s megaport city of Ningbo on Sunday, killing at…

PHOTOS: Damaged US warship Fitzgerald loaded in Japan

By Jite Eriabie  The Arleigh Burke-class guided missile destroyer USS Fitzgerald (DDG 62) has been loaded…

Brazil Customs strike heats up in fourth week

A strike action by the Receita Federal Customs in Brazil has intensified as it enters its…

Container shipping not facing a ‘Kodak Moment’ from disruption 

While there has been much talk of disruption to the liner shipping industry, executives and analysts…