Maersk Line plans huge freight rate hike on key Asia-Europe route

The world’s largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on…

Dublin Port borrows €100m for upgrade

The European Investment Bank (EIB) has agreed to provide a €100m loan to a project that…

John Atte takes over Customs as Dikko bows out today

With the acceptance of Dikko Abdullahi’s resignation letter by President Muhammadu Buhari, the stage has been…

Chief of Naval Staff vows to halt oil theft

The Chief of Naval Staff, Vice-Admiral Ibok-Ette Ibas, said on Sunday that oil thieves will no…

Lagos businessman arraigned for allegedly diverting N8.6m goods

A businessman, Chidi Ozurumba, who allegedly diverted his business partner’s truck loaded with goods worth N8.6…

Trawler association urges FG to make access to Export Expansion Grant easy

The Nigerian Trawlers Owners Association (NITOA) has urged the Federal Government to support the indigenous fishing…

Okonjo-Iweala denies diversion of rail loan

Former Finance Minister, Dr Ngozi Okonjo-Iweala has denied recent allegations that a $1 billion China-EximBank loan…

Tianjin port resumes operations after blasts

Many operations have resumed at China’s Tianjin port, trade sources said, after explosions last week that…

Greece using car ferry to house Syrian migrants

Hundreds of Syrian migrants on the Greek island of Kos on Sunday began boarding a passenger…

2M takes ships to Haifa

The 2M container shipping giants, Danish Maersk Line and Mediterranean Shipping Company (MSC) have signed a…

Hundreds evacuated after fire torches passenger vessel in Philippines

A large fire engulfed the passenger ship MV Wonderful Stars while docked at the port in Ormoc city,…

Port Authority fines Liberia-registered ship for oil spill

A ship, carrying Liberian flag, has been fined Tk 60,000 for spilling oil in the Karnaphuli…