Maersk says Hamburg Süd deal will cushion spin-off effects

Denmark’s A.P. Moller-Maersk expects the revenue generated through the recently acquired container carrier Hamburg Süd to compensate for…

Maersk to retain top credit rating

The world’s biggest container shipping line, A.P. Moller-Maersk may consider selling assets or cutting dividends as…

PHOTO: SIFAX Long Service Awards

L-R: Long Service Award recipient/Senior Special Assistant to the Group Executive Vice Chairman/CEO, Barrister Ezekiel Ajewole;…

Nigeria ready for AGOA, says NEPC

  The Nigerian Export Promotion Council (NEPC) on Tuesday said that most Nigerian exporters were fully…

Migrant shipwreck captain jailed 18 years

An Italian court ruled on Tuesday that the captain of a migrant boat that sank in…

Terminal operators back FG’s export drive

Members of the Seaport Terminal Operators of Nigeria (STOAN) have said that they will continue to…

Iran to work on nuclear-powered marine vessels after U.S. violation of nuke deal

Iran ordered its scientists on Tuesday to start developing systems for nuclear-powered marine vessels in response…

Port of Felixstowe celebrates 50 years of container terminals

The Port of Felixstowe has launched a year of celebration to mark the 50th anniversary of…

Liberia says flag states must be proactive in difficult times

“In the current difficult market conditions, flag states can no longer afford to regard themselves as…

N250,000 cash up for grabs in the 10th Ships & Ports Annual National Essay Competition

  TOPIC: Non-oil exports as panacea for economic recession Entries Open: Monday 12th December 2016 Entries…

ICCN to improve FDI inflow into Nigeria

The International Chamber of Commerce Nigeria has stated its commitment to assist in improving the inflow…

Senator proposes law to halt naira free float

A Nigerian lawmaker is proposing a new currency law that would give  the central bank legal…