2 dead after Indian Navy ship capsizes at Mumbai dockyard  

Two people reportedly died and several others were injured after the Indian Navy Ship Betwa tipped over inside…

Greek port workers begin strike  

Greek ports ground to halt with scores of vessels tied up in port or at anchor…

Drewry: Idle containership fleet surges amid overcapacity

The number of idle containerships increased from 238 vessels with a combined capacity of about 900,000…

Recession: AfDB approves $600m to boost Nigeria’s economy

The Board of the African Development Bank (AfDB) has approved the sum of $600 million to…

Shipping alliance prepares contingency plans for another bankruptcy 

In the wake of the Hanjin bankruptcy, THE Alliance has devised a “catastrophic instrument” funding mechanism,…

UK to find place of refuge for burnt bulker 

A salvage control unit (SCU) has been established to discuss a place of refuge for the 2015-built…

Sea Shepherd ships set sail on whale defense campaign

  After final preparations in Australia, two Sea Shepherd vessels are now on their way to…

Group lauds MD FAAN for improved operation in airports

A civil society group under the aegis of Initiative for Leadership and Economic Watch has lauded…

BREAKING NEWS: Buhari bans importation of vehicles through land borders 

President Muhammadu Buhari has banned the importation of all types of vehicles into the country through…

Customs intercepts container of Jollof Rice, Yam Porridge, Egusi, from India

The Tin-Can Island Command of the Nigeria Customs Service (NCS) has intercepted a 20ft container of…

AfDB $800 million support for Agric underway – Adesina

The President, African Development Bank (AfDB), Dr. Akinwumi Adesina has disclosed plans to launch $800 million…

Federal Government not imposing new taxes

The Federal Government has no plans to impose new taxes but to expand the scope of…