The process of exportation may be challenging especially considering the series of processes being implemented by…
Category: News
60% national carrier stake: Nigerian investors seek loan from AfDB, Afreximbank
The ministerial implementation committee for the establishment of the national shipping fleet is in talks with…
Lawyer seeks probe of Calabar port dredging
A lawyer, Osuala Nwagbara has lent his voice to the call by stakeholders in the shipping…
Pirates attack ship in Sulu Sea
A Japanese-owned bulk carrier was able to thwart an attack on Sunday in the Sulu Sea off…
Smuggled oil cause of deadly explosion at Pakistani shipbreaking yard
An explosion at a Pakistani shipbreaking yard that claimed the lives of more than two dozen…
APM Terminals selects contractor to build new terminal in Morocco
The Netherlands-based terminal operator APM Terminals has awarded the construction of a new container terminal at…
US Navy’s high-tech destroyer, Zumwalt breaks down in Panama Canal
The U.S. Navy’s newest and most high-tech destroyer is stuck in Panama after suffering an engineering casualty…
Italian oil tanker officer jailed for discharging waste into sea
An Italian oil tanker’s senior engineer who deliberately concealed that the tanker had discharged oily waste…
Vietnamese cargo ship detained in Indonesia after fatal collision
Authorities in Indonesia have detained the Vietnamese-flagged cargo ship MV Thaison 4 as part of an…
Russian tankers defy EU ban to smuggle jet fuel to Syria
Russian tankers have smuggled jet fuel to Syria through EU waters, bolstering military supplies to a…
Nigerian lawmakers seek increased funding for Navy
The Senate committee on navy, on Tuesday demanded an increase funding for the Nigerian navy in…
CBN holds benchmark interest rate at 14 percent
The Central Bank of Nigeria (CBN) held its benchmark interest rate at 14 percent on Tuesday,…