Shipping will remain “volatile and uncertain” in 2016 thanks to unpredictable Chinese demand and a complex…
Category: News
Asian shipyards face bleak year in 2016
For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With…
The shipping market in 2015 and looking forward
By Peter Sand Global economy: menacing clouds in the sky cast a shadow on global economic…
EFCC operatives raid former Customs CG, Dikko’s residence
Operatives of the Economic and Financial Crimes Commission (EFCC) today raided the residence of former…
NSCDC secures court order to sell seized vessels
The Nigeria Security and Civil Defence Corps (NSCDC) has secured an interim order from the Law…
Customs collects N903bn in 2015, blames CBN for revenue shortfall
Comptroller General of Customs, Hammed Ali said the Nigeria Customs Service collected a total of N903…
Cocaine trafficking : NDLEA arraigns four
The National Drug Law Enforcement Agency (NDLEA) Thursday arraigned four men at the Federal High Court…
Crude oil falls to $29 per barrel
The Organisation of Petroleum Exporting Countries (OPEC) basket price for oil took a deep dive on…
Container shipping should expect industry-wide losses in 2016
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce…
156 saved after ferry collides with barge off Malaysia
Some 156 passengers and crew were rescued after a Malaysian-flagged ferry Zuhairi collided with a lightless…
Rotterdam dockworkers launch 24-hour strike
The ultimatum given by Rotterdam dockworkers’ union FNV Havens to their employers at the port and…
32 ships laden with petroleum products, foods expected in Lagos
32 ships laden with petroleum products, food items and other goods are expected to arrive Apapa…