Africa’s attractiveness as an investment destination was again highlighted during the recent official opening of the…
Category: News
Drewry: Boxship rate erosion worse than expected
Container shipping losses are expected to reach between USD 6-10 billion this year as carrier profit margins…
Indonesian navy rescues hijacked tanker, arrests nine
The Indonesian Navy has retrieved an oil tanker that had been hijacked by pirates off Borneo arresting nine…
Maersk Group CEO says negative interest rates unhealthy for global shipping market
The owner of the world’s biggest shipping line says negative interest rates are hurting the industry…
Port of Liverpool welcomes return of Maersk line after 10-year gap
Port of Liverpool owner Peel Ports celebrated the return of shipping line Maersk with a formal…
Maersk Line making plans to tow fire-scorched Safmarine Meru to port
Maersk Line is working with Chinese authorities on a plan to tow the fire-scorched Safmarine Meru to port…
DP World launches new trade and logistics teaching programme
DP World has launched a new education scheme to engage 8-14 year olds in ports, trade…
Bank sacks manager after testifying in NIMASA fraud case, as another witness gets N93m without contract
An employee of Zenith Bank Plc, Brenda Ihekoromadu, confirmed on Monday that her superior, Miss Rita…
N1.5bn Fraud: Temi Omatseye knows fate May 20
Justice Rita Ofili-Ajumogobia of the Federal High Court in Lagos yesterday failed to deliver judgment in…
Military storm Tompolo’s Gbaramatu Kingdom
The people of Gbaramatu Kingdom in Warri South West Local Government Area, Delta State, have called…
Lagos releases N1.6bn for Lekki Free Zone, woos investors
The Lagos State Government has released N1.6billion as part of its equity contribution in the Lekki…
NIMASA to undergo massive restructuring, says Peterside
To reposition the maritime sector for greater performance, Director General, Nigerian Maritime Administration and Safety Agency…