A prosecution witness on Thursday gave detailed accounts of how funds of the Nigerian Airspace Management…
Category: News
Nigeria ranks 136th in 2016 corruption index
Nigeria has ranked 136th out of 176 countries in the 2016 corruption perception index, according to…
Gas explosion kills two in Ogun
Gas explosion at a filling station has killed two persons and injured seven others in Adigbe…
Recession in Nigeria drives Hyundai sales down by 2.1%
South Korea’s largest auto maker, Hyundai Motor Company has announced its 2016 full year business result…
Customs seizes 16,643 bags of rice in Katsina
The Kaduna/Katsina Command of the Nigeria Custom Service seized 16,408 bags of 50kg rice and 235…
NDDC Chairman urges militants to stop oil vandalisation
The Chairman of Niger Delta Development Commission (NDDC) , Senator Victor Ndoma-Egba has called on Niger…
Container shipping lines earned $42 less per TEU in 2016
The container shipping lines received an average rate 7% (42 USD) lower in 2016 than in…
Singapore arrests South Korean ship for undisclosed reasons
General cargo vessel Korex SPB No. 2 has been arrested in Singapore waters, according to data provided…
Amazon moves freight forwarding
Amazon.com is moving into the freight forwarder space in ocean shipping. The global online retailer has started…
China’s COSCO Shipping flags $1.44bn loss for 2016
China’s COSCO Shipping Holdings Co Ltd said it expects to post a net loss of 9.9…
Russian seaport cargo volumes hits historic high
According to figures released by the Russian Maritime Ports Association, the sector’s overall turnover rose 6.7…
Chinese shipbuilder scores world’s first
Wison Offshore and Marine has succesfully launched of its barge-based floating storage and regasification unit (FSRU)…