The 165,960 dwt containership MSC Clorinda is hindering traffic in the Suez Canal as the vessel stopped…
Category: News
Buhari approves redeployment of Permanent Secretaries
President Muhammadu Buhari on Wednesday approved the redeployment of three Federal Permanent Secretaries. A statement by Haruna…
Customs rakes in over N2b from seizures in Sokoto
The Sokoto/Kebbi/Zamfara Command of THE Nigeria Customs Service said it realised N2.09 billion revenue in 2016.…
Report: Container fleet market to grow by 3.19% over 5 years
The global container fleet market is expected to grow at a compound annual growth rate (CAGR) of…
OPEC committee meets January 21 to monitor compliance with supply cut
A Committee set up by the Organisation of Petroleum Exporting Countries (OPEC) to monitor compliance with…
Hanjin shares surge on reported closure of asset sale
Hanjin Shipping Co. shares surged by their daily limit of 30 percent in Seoul after a…
Oil spill as two container vessels collide off Malaysian port
Two container vessels have collided off Pasir Gudang port in Malaysia’s Johor late on Tuesday, leading…
IMO’s new code for ships using gases enters into force
A new mandatory code for ships using gases or other low-flashpoint fuels has entered into force…
Ningbo-Zhoushan port records 23.3m TEU of box throughput in 2016
China’s Ningbo-Zhoushan port is projected to handle container throughput of 23.3m teu in 2016, an increase…
Businesswoman arraigned for N2m fraud
A 40-year-old business woman, Okechi Pachela, was on Wednesday arraigned at an Ikeja Magistrates’ Court…
Nigeria denies tariff hike on anti-malaria drugs
The minister of health, Professor Isaac Adewole says there is no tariff hike on the importation…
Buhari approves weapons for aviation security personnel
The Federal Government has approved that the Aviation Security personnel should bear arms to enhance the…