Ease of doing business: Lack of infrastructure will frustrate FG’s effort

Effort by the Federal Government to improve the ease of doing business in the country will…

Controller FOU solicits media support to curb smuggling

Controller, Federal Operations Unit Zone ‘A’ of the Nigeria Customs Service, Uba Garba has pledged to…

3 suspected vandals arrested, remanded in Kirikiri prisons

Three persons were on Thursday arraigned before the Magistrate Court, Ogba for attempting to vandalize Ikeja Electric’s 500KV Transformer…

Port workers in Spain commence strike today 

Spanish port workers said they would go on strike for three days this week to protest…

Trump withdrawing U.S. from Paris Agreement puts more pressure on IMO, say NGOs

The Trump Administration’s decision to withdraw from the landmark Paris Agreement on climate change puts added…

Panama Canal wants to modify tolls structure

On 1 June the Panama Canal Authority [ACP] published a proposal to modify its current tolls structure.…

U.S. calls off search for missing crew member

The U.S. Coast Guard on Thursday suspended its search for the missing crew member of the Crosby…

Bumi Armada’s Q1 net profit more than doubled

Bumi Armada got off to a good start with its net profit in the first quarter…

Trafigura to hire 32 new tankers

Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude…

HHI values orderbook at $3.8bn in five months 

South Korea’s Hyundai Heavy Industries (HHI) announced that it has landed orders to build 62 ships…

Baltic Dry Index falls to lowest level in three months 

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped…

Jump queue, go to jail for six months

A bill proposing six months imprisonment for persons who distort queues in public places on Thursday…