Container throughput at China-focussed port operator Cosco Shipping Ports rose 3.5% in July to 8m teu…
Category: News
Abu Dhabi ports, ADSB team up on Zayed Port project
Port developer and operator Abu Dhabi Ports and its compatriot shipbuilding company Abu Dhabi Ship Building…
Buhari: Nigeria failed to develop automobile industry
President Muhammadu Buhari has lamented that Nigeria failed to develop on automobile initiatives started in Bauchi, Kaduna…
Navy hands over fraudster wanted by ICPC
The Nigerian Navy has handed over a female fraudster to the Independent Corruption Practices and Other…
Nigerian Navy destroys more illegal refineries
The Nigerian Navy has continued its crackdown on the activities of illegal crude oil thieves and…
Buhari orders NNPC to commence oil exploration in Benue trough
President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation (NNPC) to commence the search for…
Four die as boats collide in Greece
At least four people, including a nine-year-old child, have died after a speedboat and a tourist…
Recession: Customs records huge revenue shortfall
The Nigeria Customs Service (NCS) said it was able to generate only N385.7billion as revenue in…
Turkish sailors bag 42 years jail term for drug smuggling
Two Turkish sailors have been jailed for a total of 42 years in relation to the largest…
Maersk warns against U.S. protectionism, says trade barrier weakens growth
Danish conglomerate, A. P. Moeller-Maersk A/S, which owns the world’s largest container shipping company – Maersk…
IPMAN, NIMEX Petroleum to import 100,000mt of petrol
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has entered into a strategic partnership with NIMEX…
Pressure mounts on carriers to cut costs
As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy…