Spanish Coastguard tows disabled tanker to Cartagena 

The 2008-built chemical tanker Orakai was towed to the port of Cartagena, Spain, after it suffered engine issues on…

Rickmers Maritime to restructure debt amid liquidation fears 

Singapore-listed containership owner Rickmers Maritime will not be able to pay USD 179.7 million of senior debt…

Shipping remains engine of the world economy – Cyprus Transport Minister

Cyprus Transport Minister Marios Demetriades said that despite the financial crisis, shipping continued to be the…

Nigeria Customs: Hameed Ali knows fate tomorrow

A Federal High Court in Lagos, has fixed Friday, Sept. 16, to deliver judgment in a…

Group accuses two Swiss companies of importing dirty fuel into Nigeria 

A non-governmental organisation, Africa Network for Environment and Economic Justice (ANEEJ), has raised the alarm over…

Full text of President Buhari’s speech at ministerial retreat on the economy

ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED FORCES OF THE FEDERAL…

Typhoon Meranti tosses 14,000-teu ship like paper

The powerful Typhoon Meranti sweeping across southern Taiwan has broken the moorings from up to 10…

Buhari hosts retreat to find solution to economic recession

President Muhammadu Buhari will today chair an extra-ordinary retreat in Abuja to seek for ways of…

Permanent solution to Apapa gridlock coming soon, says Ambode 

Lagos State Governor, Akinwunmi Ambode on Wednesday expressed confidence in the ongoing efforts to permanently resolve…

Nigeria needs $2.5bn a week to import goods – Ogbeh

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Wednesday in Abuja said Nigerian…

Guinness Nigeria to export stout to South Africa to earn forex

Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as…

Former Aviation Minister says 2005, 2006 plane crashes were human sacrifices

Embattled former Minister of Aviation and Peoples Democratic Party (PDP) chieftain, Femi Fani-Kayode on Wednesday revealed…