A 163,038 DWT oil tanker ran aground at 159 km of the Suez Canal early morning yesterday shortly after…
Category: News
Baltic Exchange says talks still ongoing with potential buyers
Talks between the Baltic Exchange and a number of suitors are continuing, but any potential buyer…
Chemical shipping freight rates to remain firm, says Drewry
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to…
Brazilian seafarers to escalate industrial action against Transpetro
Brazilian seafarers’ unions affiliated to the Confederação Nacional dos Trabalhadores em Transportes Aquaviários e Aéreos, na…
Court remands ex-PICOMSS chairman, Saliu Atawodi for alleged N620m fraud
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned the duo of Air Vice Marshal Saliu…
NIMASA: N324.5m moved to BDC operator’s accounts – Witness
The Lagos State High Court, Igbosere, yesterday heard how a total of N342.5 million was allegedly…
NLC vows to resist fuel price hike
The Nigeria Labour Congress (NLC) Wednesday faulted the federal government on the hike in the price…
Shell shuts Bonny terminal over attack on Nembe pipeline
Anglo-Dutch oil giant Shell’s Nigerian subsidiary on Wednesday said it has declared force majeure on Bonny…
Why FG increased petrol pump price to N145 per litre – Kachikwu
Minister of State for Petroleum, Ibe Kachikwu yesterday defended the jerking up of the pump price…
Nigeria to stop importation of six commodities by 2018
The Minister of State for Trade and Industry, Hajiya Aisha Abubakar, yesterday disclosed that the Federal…
My regret as NAGAFFF’s President – Nweke
Immediate past President of the National Association of Government Approved Freight Forwarders (NAGAFF), Eugene Nweke has…
Customs anti-smuggling unit impounds N668.3m goods
The Federal Operations Unit (FOU) of Nigeria Customs Service, Zone `A’ Ikeja, Lagos, has intercepted goods…