China Cosco Holdings Company announced that it has received a subsidy amounting to RMB189m ($28.3m) from…
Category: News
Navy arrest Niger Delta Avengers major logistics supplier
The Nigerian Navy said it had arrested a suspected member of the Niger Delta Avengers. This…
Customs seize 3 bullet-proof cars at border
The Nigeria Customs Service (NCS), Seme Command on Tuesday seized three bullet-proof cars with a Duty…
Buhari sends NPA, NNPC, NSC, other budgets to NASS
President Muhammadu Buhari on Tuesday forwarded the 2016 budget proposal of 38 Federal Government agencies to…
IMF says Nigeria heading into recession
The International Monetary Fund (IMF) yesterday slashed its growth forecast for the Nigerian economy for this…
ANLCA expresses concern over ‘blanket’ application of new Customs duty
National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Prince Olayiwola Shittu has…
5 missing Malaysian tugboat crew kidnapped
Five missing Malaysian crew of a tugboat were feared kidnapped by suspected Philippine militants off Borneo…
Maersk Line signs first carbon pact in Asia
Maersk Line has signed a five-year carbon reduction pact with Huawei Technologies, a global leading telecom…
Another shipyard goes bust in Brazil as work returns to Asia
If there’s one industry where all of Brazil’s political and economic upheavals come together, it is…
Cosco Pacific June volumes up 4.5% to 8m teu
Cosco Pacific continued to see container throughput rise in June with overall volumes rising 4.5% to…
India, US to boost maritime ties
India and the United States are to deepen the scope of cooperation in the maritime sector,…