Confusion looms over succession for Evergreen

The passing of Chang Yung-fa, founder of Taiwan’s conglomerate Evergreen Group, has now left his empire…

Maersk, Vale secure space at Ningbo-Zhoushan

Chinese Ningbo-Zhoushan port and shipping conglomerate A.P. Møller Mærsk Co have signed an agreement to expand cooperation…

South African retailer exits Nigeria over import restrictions

South African retailer, Truworths has pulled out of its Nigerian business citing import restrictions, its chief…

Messina Line withdraws RORO service to Nigeria

Messina Line said it has not withdrawn from Nigeria but only shut a part of its…

How I got NIMASA contract without bid – Witness

The Nigerian Maritime Administration and Safety Agency (NIMASA) allegedly awarded a contract to a businessman, Uche…

Cheap oil killing profits For West African pirates

Crime in the waters around Africa is on the decline, falling significantly in 2015, as West…

Nigeria-China trade volume hits $14.94b

The Nigeria- China trade volume in the last one year hit $14.94 billion, while China’s non-financial…

Ambode’s wife tasks boat operators on safety

Wife of Lagos State governor, Mrs Bolanle Ambode has urged boat operators to observe safety standards…

Photo: members of the House of Representatives Committee on Maritime Safety, Education and Administration

Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Haruna Jauro (in suit) with members of the…

Crude prices rise amid output freeze talks

World oil prices nudged higher Tuesday as OPEC producers met to discuss a possible freeze to…

CMA CGM takeover target, NOL slumps to $77m Q4 loss

CMA CGM acquisition target Neptune Orient Lines (NOL) plunged $77m into the red in the fourth…

PIL to enhance service covering Africa, Middle East and India

Pacific International Lines (PIL) will enhance its Africa-Middle East-India (AMI) trade from March, a service to…