After it said that it expects an extraordinary loss of JPY 100 billion (USD 972 million) on…
Category: News
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…
CSCL to raise USD1.7bn by selling shares
China’s shipping company China Shipping Container Lines is looking to raise up to CNY 12 billion (USD…
$16bn EPZ: FG’s delay stalling 150,000 jobs in N’Delta – Ayiri
The Federal Government has been advised to use the prevailing ceasefire with Niger Delta militants to…
Navy’s medical mission excites Niger Delta communities
The Nigerian Navy has changed the perception of most communities in the Niger Delta region about…
Airlines decry low passenger traffic, high cost of fuel
Some domestic airlines in Nigeria have decried “continuous decline in passenger traffic” and increasing cost of…
Heroin trafficker bags 18 months in jail
A 20-year-old boy, Abiodun Oyatolu, who had pleaded guilty to trafficking in 9.9 grammes of heroin…
NLNG assets worth $13bn, says MD
The Managing Director, Nigeria LNG Limited, Mr. Tony Attah, has said the company’s assets are now…
War on smuggling: Customs invades Lagos markets for smuggled rice
Men of the Nigeria Customs Service have stormed some markets in Lagos in search of smuggled rice leading to…