Maersk Line orders 14,800 new reefer containers

Maersk Line has ordered 14,800 reefer containers in 2016. This investment is driving the average age…

Cosco wins 35-year concession of Khalifa Port’s new terminal 

Port developer and operator Abu Dhabi Ports has awarded a 35-year concession to build and operate…

First American shale gas shipment arrives UK

Britain’s first shale gas delivery from the United States sailed into a heated European political debate…

Global container volume on track for worst year since 2009

Global container volumes are on track for zero growth this year, which would mark the sector’s…

Finland takes delivery of world’s first LNG-powered icebreaker

Finland shipbuilder Arctech Helsinki Shipyard has delivered the most world’s first LNG-powered icebreaker to the Finnish…

South Korean court considering sale of Hanjin Shipping 

The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the…

Workers protest AMCON’s closure of Aero Contractors

Hundreds of employees of Aero Contractors Airline on Wednesday staged peaceful protest over the closure of…

Senate declines bailout for aviation sector

The Senate yesterday rejected proposal to give bailout fund to airline operators in the country. Moving…

FG yet to decide on assets sale – Lai Mohammed

  The Minister of Information and Culture, Alhaji Lai Mohammed, on Wednesday said the Federal Government…

Only NNPC can get Nigeria out of recession – Obasanjo

  Former president Olusegun Obasanjo on Wednesday said if there is any organization that can help…

We are not benefitting from CBN forex policy – Manufacturers

  The Manufacturers Association of Nigeria (MAN) says its members are not benefitting from the Central…

Tax review committee recommends merger of Customs, FIRS

  The National Tax Policy Review Committee that was constituted by the Federal Government last month…