Pirates fire on merchant tanker off Yemen  

A merchant tanker was approached by a small vessel and fired at, utilizing a rocket-propelled grenade (RPG) off…

Oil price falls below $50 for first time in 24 days   

Global oil benchmark, Brent crude, extended its declines on Wednesday, falling below the $50 per barrel…

Officers stopping containers outside the port on illegal duty- Police Commissioner 

Commissioner of Police in charge of Western Port, Alkali Shaba has advised freight forwarders operating at…

Man charged for breaking into container at Apapa port 

A 34-year old man named Ayodele Michael was yesterday arraigned at the Apapa Magistrate Court 2…

Panama Canal dismisses alleged privatisation of tug services 

The Panama Canal Authority (ACP) has issued a statement dismissing the recent claims by the International…

CMA CGM’s Saade says more container liners may go the way of Hanjin 

Other container shipping firms may join Hanjin Shipping Co Ltd in receivership before the industry emerges…

UN will force shipping to clean up its act 

Like commercial aviation, marine transport slipped through the cracks in the Paris Agreement. Responsible for more…

EU asks for WTO panel in challenge to Chinese raw material duties  

The European Union on Wednesday asked the World Trade Organization (WTO) to set up a dispute…

Hanjin disposes of capesize bulker   

South Korea-based shipping company Hanjin Shipping is selling its bulk carrier Hanjin Cape Lambert for a…

German shipping firms convicted for discharging sludge  

Two German shipping companies that owned and operated the general cargo ship Nils B pleaded guilty…

Egypt wants shipping lines to pay 3 years in advance for Suez Canal  

The Suez Canal Authority and the the Central Bank of Egypt (CBE) have started direct negotiations…

Witness reveals how Akpbolokemi paid N40m rent for two years in Banana Island

  An operative of the Economic and Financial Crimes Commission (EFCC), Orji Chukwuma, while being led…