Nigeria will keep foreign currency restrictions for now to preserve the country’s currency reserves amid…
Category: News
MOL makes maiden call at Ports & Cargo terminal
Ports & Cargo Handling Services Limited, a member of Sifax Group and concessionaire of Terminal…
Smugglers conceal frozen chicken, turkey in water bottles
The Federal Operations Unit, Ikeja, of the Nigeria Customs Service has seized 5,020 cartons of…
NCAA slams N7m fine on grounded planes
The Nigerian Civil Aviation Authority (NCAA) has slammed the operators of two grounded foreign registered…
Port of Rotterdam’s oldest container terminal shuts down
The Port of Rotterdam has closed its oldest container terminal ECT City Terminal at the…
Debris discovered as search continues for missing cargo ship
Search and rescue operation spearheaded by the US Coast Guard (USCG) has discovered debris that…
12 rescued after abandoning ship in Haiti hurricane
The U.S. Coast Guard said it rescued 12 crewmembers forced to abandon their sinking 212-foot…
168kg of cocaine found on boxship in Mexico
Mexican law enforcement agencies have seized 168.58 kilogrammes of cocaine found in one of the containers on…
Oil tanker rates soar past $100,000 per day
The world’s biggest crude oil tankers earned more than $100,000 a day for the first…
Weakness in dry bulk shipping may bring more woes
The ship supply surplus built up in 2010-2012 and slowdown in Chinese raw materials imports,…
Treasury Single Account implementation paralyses maritime agencies
The implementation of the Treasury Single Account (TSA), which commenced on September 15, is taking…
Military seizes two vessels suspected of crude oil theft
An ocean going vessel identified as MT Askja and a barge have been seized by…