NEPC endorses creation of export processing centre at Lilypond 

The Executive Director/Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo has endorsed the establishment of…

Customs must reduce number of units; procure scanners to reduce clearing time 

Former President, National Association of Government Approved Freight Forwarders (NAGAFF) Eugene Nweke has called on the…

Seme command hands over 2 suspects to NDLEA, decries low revenue

  The Seme border area command of the Nigeria Customs Service (NCS) has handed over two…

Oil prices back in the $50s as markets expect fresh OPEC deal

Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle of this…

Shippers Council, firm hold bill of lading conference

Land and Sea International Nigeria Limited in collaboration with the Nigerian Shippers Council is organising a…

Top Italian court upholds conviction of Costa Concordia captain

The former captain of the Costa Concordia cruise liner was sentenced to 16 years in prison on…

Maersk Line sinks to Q1 loss of $66m

Maersk Line has posted a first quarter loss of $66m, reversing from the profit of $37m…

Largest ship to visit U.S. East Coast arrives Savannah port 

The largest ship to ever visit the U.S. east coast arrived at the port of Savannah on…

HMM to buy Algeciras Terminal stake for $104m

South Korean shipping giant Hyundai Merchant Marine (HMM) has reached an agreement to buy a 100…

Pan Ocean first quarter profit plunges 55%

Pan Ocean has reported a 55% year-on-year plunge in first quarter profit despite a rise in…

Ocean Cleanup to start Pacific clean up in 2018

The Ocean Cleanup intends to start extracting plastic from the Great Pacific Garbage Patch within the…

ZIM shrinks net loss

Israel’s shipping company Zim Integrated Shipping Services (ZIM) managed cut its net loss during the first…