Drewry: Peak season volume to stay on 2015 level

The 2016 third quarter peak season will not bring much respite to carriers as the period…

Three southeast Asian nations to designate shipping corridor in piracy battle

Indonesia, Malaysia and the Philippines agreed to designate a transit corridor for commercial vessels crossing a…

Korean top three yards to cut more than 6,000 jobs this year

South Korea’s top three shipbuilders are expected to cut more than 6,000 jobs this year as…

Cosco Pacific proposes name change to Cosco Shipping Ports

Container terminals operator Cosco Pacific Limited has proposed to change its name to Cosco Shipping Ports…

Crew stab captain to death on South Korean fishing vessel

Two Vietnamese crewmen on a South Korean fishing vessel in the Indian Ocean have allegedly stabbed…

Iran oil exports hit record high

An official said 9 oil tankers have docked at Iran’s largest oil terminal on Saturday thus…

Panama Canal conducts trial test on locks

The Panama Canal Authority (ACP) conducted another trial transit in the Expanded Canal on Monday with…

UK P&I and Britannia Clubs merger talks fail

Merger talks between mutual insurers and the UK P&I Club and Britannia Club have failed to…

Navy launches equipment to protect waterways

The Nigerian Navy yesterday reiterated its commitment to protect the nation’s water ways devoid of any…

EFCC forced me to make a statement, says NIMASA ED Ezekiel Agaba

Suspended Executive Director, Maritime Safety and Shipping Development of the Nigerian Maritime Administration and Safety Agency…

Sagay, Falana advocate for 13% derivation on Lagos ports

Two eminent lawyers, Professor Itsay Sagay (SAN) and Femi Falana (SAN) have advocated for 13 per…

Militants kidnap naval officer, two others in Lagos

Three people were last Monday kidnapped by a gang of armed robbers who claimed to be…