2015 best year ever for U.S. East Coast container imports, says BIMCO

2015 was a busy year for container traffic on the eastern coast of the US.  7.9…

China’s Shanghai handles lower box volumes in January

China’s Shanghai port has recorded a drop in container throughput in January compared to the same…

Greece approves Cosco’s latest offer for Piraeus

China’s port operator Cosco Group (Hong Kong) Limited has been unanimously declared as the preferred buyer…

Alleged N3.4b theft: Prosecution opens case in ex-NIMASA DG’s trial

The Economic and Financial Crimes Commission (EFCC) yesterday called its first witness in the trial of…

NACCIMA faults CBN’s forex policy

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has faulted the policies…

Sifax Group appoints new GMD, others

Sifax Group has announced a new senior management appointment with John Jenkins as the new Group…

Oil marketers lose bid to quash subsidy charge

Three oil marketers -Mahmud Tukur, Alex Ochonogor and Abdullahi Alao – yesterday lost their bids to…

Nigeria’s LNG export to East Asia falls

Nigerian Liquefied Natural Gas was exported to a wider range of destinations last year, Eclipse data…

NCS Seme Command records revenue drop in January

The Seme Command of Nigeria Customs Service (NCS) on Monday said it generated N655.3m as revenue…

Death ship captain takes the stand

The captain of the notorious Sage Sagittarius bulk carrier, Venancio Salas, took the stand for the…

13 missing after tanker sinks in Arafura Sea

At least thirteen people are missing after an oil tanker, identified as KM Azula, sank in the…

El Faro Captain asked for permission to change the ship’s course

The former captain of the ill-fated El Faro cargo ship that sank in October 2015 due…