The Asset Management Corporation of Nigeria (AMCON) is shopping for investors for troubled carrier Arik Air.…
Category: News
Truck driver in court for manslaughter
A 34-year-old truck driver, Stephen Adebayo, was yesterday arraigned before an Apapa Magistrate’s Court sitting in…
CBN disburses $2.83bn in two months
The Central Bank of Nigeria (CBN) says it has disbursed $2.83 billion for utilization in the critical sectors of the…
Nigeria must draw maximum benefits from emerging gas economy – Dogara
As part of the commitments of the House of Representatives to open up more revenue sources…
Shipping industry calls for exemption from EU carbon market reform
The global shipping industry has urged the European Union to drop the sector’s inclusion in proposals…
CMA CGM emulates Maersk, signs with e-Commerce giant Alibaba
CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest…
Canada settles lawsuits with seafarers union
The Government of Canada has settled the pending lawsuits filed by the Seafarers’ International Union of…
U.S. Merchant Marine Academy to resume sea year
The U.S. Merchant Marine Academy announced that it will resume Sea Year training for Midshipmen on…
Cosco Ports container volumes up 7% in January
Cosco Shipping Ports started the year on a good note with overall throughput rising 7% in…
Oversupply to exert more pressure on LPG shipping rates
The LPG shipping trade will continue to grow at a healthy pace on the back of…
Inspectors detain Royal Caribbean ship in Florida
A Royal Caribbean cruise ship remained in a Florida port on Tuesday morning after U.S. Coast…