The company that owns the tugboat that was hijacked by the Abu Sayyaf terror group in…
Category: News
Customs revenue nose-dives by N230bn due to CBN’s policies
The Comptroller-General, Nigeria Customs Service (NCS), Hameed Ali, said yesterday that the service had a revenue…
NIWA begs LASG to obey court order on regulation of waterways
The National Inland Waterways Authority (NIWA) has urged the Lagos State Government to obey a Federal…
Many countries unprepared for container weighing
There has been no guidance issued on the practical application of the measures regarding the implementation of the…
Marine engineers decry influx of rust bottoms on Nigerian waters
The Association of Marine Engineers and Surveyors (AMES) in Nigeria has lamented the influx of scrap…
Abuja-Kaduna rail project not feasible in May – Amaechi
The Minister of Transportation, Rotimi Amaechi, yesterday said that the official launching of Abuja-Kaduna rail project…
Fuel Scarcity: Travellers, airport users groan as shuttle operators hike fares
Travellers and other airport users are currently going through hard times following the increase in transport…
4 ships laden with petrol arrive Lagos ports
Four ships laden with Premium Motor Spirit (PMS) otherwise known as petrol, have arrived Lagos ports…
Shipping assets lost $65bn in value in 2015
“The year 2015 has been as bad as expected. Shipping in all its forms has lost…
Iran seeks $2.5bn to modernise oil tankers
Iran is seeking $2.5billion investment to modernise its oil tankers fleet following the lifting of sanctions…
Hyundai Heavy Industries to face debt repayment burden
Hyundai Heavy Industries is expected to face increasing debt repayment burden stemming from its bond issues…