Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to…
Category: News
Keppel ‘strongly denies’ report alleging approval of bribery by top execs
Singapore’s Keppel Corp has staunchly defended allegations from a media report that its senior management backed…
ZIM is most reliable carrier in 2nd quarter
Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during the…
Asian bookings of West African crude to slip lower in August
Cargoes of West African crude oil sailing east are on track to fall in August on…
No love lost
Infrastructure funds can be a lifeline for port finance, but the feeling is not reciprocated. Barry…
Customs impounds 26 containers of tyres, arrests clearing agent
The Comptroller-General of the Nigeria Customs Service (NCS), Hameed Ali, said on Friday that the…
‘Nigeria imports 90% of expired rice’
The Comptroller General of the Nigerian Customs Service (NSC), Col. Hameed Ali (rtd) has said that…
Asia-Europe spot freight rates bounce back
The downwards trend line in Asia-Europe spot freight rates has finally been reversed, data from World…
Amaechi urges ECOWAS communities to unite in fighting natural disasters
Minister of Transportation, Chibuike Rotimi Amaechi has urged the National Meteorological Services of the Economic Community…
The historic SGX Baltic Exchange deal
Singapore Exchange Ltd (SGX) plans to buy one of London’s oldest institutions, the Baltic Exchange where…
Lagos shuts Marine Bridge Apapa for repair works
The Lagos State Government on Friday announced the closure of the Marine Bridge Apapa (Inward Ijora)…
Customs detain agent for “flying” containers out of Apapa port
Comptroller General of the Nigeria Customs, Hameed Ali, on Friday gave stern warning to importers who…