Contrary to insinuations making the rounds in some quarters that the Nigeria Customs Service has increased…
Category: News
NDLEA arrests Cambodia bound trader with $1.4m drugs
The National Drug Law Enforcement Agency (NDLEA) has intercepted a textile merchant with 4.4kgs of methamphetamine at…
Shipowners avoid new ‘pirate hotspot’ in west of Philippines
A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels…
One killed, another injured in Felixstowe port blast
One person has died and another was seriously injured overnight in an explosion in the boiler…
HMM to buy 20% stake in Total Terminals International
South Korean shipping company Hyundai Merchant Marine (HMM) said that it plans to buy a 20-percent stake…
Thessaloniki port privatisation in the home stretch
The long drawn-out privatisation process of the Greece’s second port, Thessaloniki is now in the home…
China shipyards record 32.6% fall in new orders for 2016
New shipbuilding orders received by China’s shipyards in 2016 have fallen by 32.6% year-on-year to 21.07m…
Crude carrier arrested in Singapore
Ambassador, a Suezmax crude oil tanker, has been arrested in Singapore waters, according to Supreme Court…
Government injects funds to resuscitate shipbuilding industry
The Ministry of Trade, Industry & Energy announced Wednesday that it will invest 245.1 billion won…
FG extends deadline for airlines’ automated payment
The Federal Government has extended the deadline given to airlines operating in the country to automate…
Modular refineries, panacea to fuel importation, says IPMAN scribe
The National Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Danladi Pasali, on Friday said…
Oil price rises ahead of producers’ compliance meeting
Oil prices edged up for a second day on Friday on expectations that a weekend meeting…