Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce…
Category: News
Crude oil price crashes $27 per barrel
The Organisation of Petroleum Exporting Countries (OPEC) basket price for oil may be closer to the…
Idle containership fleet up five-fold in 2015, says Alphaliner
The idle containership fleet rose five-fold in 2015 in the face of a difficult market according…
‘Shipping not for the faint-hearted in 2016’
Shipping will remain “volatile and uncertain” in 2016 thanks to unpredictable Chinese demand and a complex…
Asian shipyards face bleak year in 2016
For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With…
The shipping market in 2015 and looking forward
By Peter Sand Global economy: menacing clouds in the sky cast a shadow on global economic…
EFCC operatives raid former Customs CG, Dikko’s residence
Operatives of the Economic and Financial Crimes Commission (EFCC) today raided the residence of former Comptroller-General…
NSCDC secures court order to sell seized vessels
The Nigeria Security and Civil Defence Corps (NSCDC) has secured an interim order from the Law…
Customs collects N903bn in 2015, blames CBN for revenue shortfall
Comptroller General of Customs, Hammed Ali said the Nigeria Customs Service collected a total of N903…
Cocaine trafficking : NDLEA arraigns four
The National Drug Law Enforcement Agency (NDLEA) Thursday arraigned four men at the Federal High Court…
Crude oil falls to $29 per barrel
The Organisation of Petroleum Exporting Countries (OPEC) basket price for oil took a deep dive on…
Container shipping should expect industry-wide losses in 2016
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce…