U.N. Security Council considers sanctions against vessel carrying crude from East Libya

The United Nations Security Council is considering sanctions on the first oil tanker to load crude…

Ocean Alliance set to be largest on Asia-Europe and transpacific trades

The new Ocean Alliance will have largest capacity share on the east-west trades from Asia to…

NTSB finds El Faro’s voyage data recorder

The voyage data recorder (VDR) belonging to the ill-fated cargo ship El Faro was located early Tuesday…

Baltic Dry Index surges to 704 points

A recent Capesize market uptick, caused by an increase in iron ore trade, higher steel prices and a rise…

Pirates release Turkish crewmen captured off Nigeria’s coast

Six Turkish crew members on a private tanker who were taken captive two weeks ago by…

Ihenacho to Amaechi: Planned national carrier is a waste of resources

Former Minister of Interior, Captain Emmanuel Ihenacho has advised Minister of Transportation, Rotimi Amaechi to shelve…

Truckers label shippers, agents ‘dishonest’ as Customs releases 40 seized trucks

The Comptroller General of Customs, Hameed Ali has ordered the Federal Operations Unit, Zone ‘A’ to…

Navy, Army, NIMASA in joint effort to fight piracy in Niger Delta

  The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has reiterated…

Navy arrests 40 suspected smugglers, oil thieves

The Nigerian Navy yesterday said 28 rice smugglers and 12 suspected oil thieves have been arrested…

Ramalan tasks FG on national carrier, crude oil lifting

The former Chairman of the Board of the Nigerian Maritime Administration and Safety Agency (NIMASA), Alhaji…

EU regulator to approve CMA CGM takeover of NOL this week

The European Union’s competition regulator is expected to approve this week French container-shipping giant CMA CGM’s…

Panama Canal to hold draw to select first vessel to transit on inauguration day

The Panama Canal Authority (ACP) will hold a draw on Friday to select the first vessel…