FAAN sacks 22 staff in major shake up

A major tsunami hit the Federal Airports Authority Nigeria (FAAN) on Wednesday as over 22 persons…

Importer expresses frustration over 20-year old court case against Customs

As proceedings lingered over the years in a case involving the Chairman and Chief Executive of…

Senate assures on immediate review of tax laws

Senate President, Bukola Saraki, has assured that the upper legislative chamber will streamline the country’s multiple…

Customs impounds 37 vehicles loaded with smuggled rice

The Ogun Area command of the Nigeria Customs Service yesterday said it impounded 37 vehicles loaded…

Udo Emmanuel decries imposition of ‘outrageous tariff’ on imported seedling

Akwa Ibom State Governor, Udom Emmanuel, has decried imposition of outrageous tariff by the Federal Ministry…

UK detains three foreign flagged in September

Three more vessels were detained in UK ports during September 2016 after failing Port State Control…

Daewoo Shipbuilding to cut workforce by 24% amid mounting losses

Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs, or…

Carrier impairment losses could reach USD35bn, says Alphaliner

After it said that it expects an extraordinary loss of JPY 100 billion (USD 972 million) on…

U.S. Pentagon hints at retaliation after Yemen missile fire

The Pentagon on Tuesday warned that whoever fired missiles at a U.S. Navy destroyer and an…

Maersk and MSC suspend extra transpacific service after just three sailings

Maersk Line and Mediterranean Shipping Co (MSC) have suspended their extra transpacific service, added in response…

Seoul court considers selling Hanjin’s Asia-U.S. business

The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a…

ICTSI opens first phase of Basra Gateway terminal expansion

Manila-based container terminal owner and operator International Container Terminal Services, Inc. (ICTSI) has formally opened the…