Container freight rates fall 31% on Asia-Europe trade route

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 31 percent…

Indonesia expects $34m in shipbuilding investments this year

    Indonesia’s Investment Coordinating Board (BKPM) expects some IDR500bn ($34m) of investments to come into…

NIMASA Ag DG, Jauro defends Tompolo’s contract

  The Nigerian Maritime Administration and Safety Agency (NIMASA), has said that the deal between the…

Akpobolokemi probe: EFCC questions NIMASA Acting Director General

  The Acting Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Haruna Baba Jauro has…

NRC workers want railway expert as transport minister

  Workers of the Nigerian Railway Corporation (NRC) have asked President Muhammadu Buhari to appoint a…

Oil tankers slam prohibitive rates to lift Nigeria’s crude

  Nigeria’s latest effort to combat theft could imperil its oil income lifeline, compounding the damage…

‘Govt policies chasing shippers out of Nigeria’

  The President, Shippers Association Lagos State (SALS), Rev. Jonathan Nicol has said the Federal Government’s…

Navy vows to ‘deal with criminals’ in creeks

  The Central Naval Command (CNC) has said it will deal decisively with militants in the…

Why we can’t deploy drones to monitor vessels, pipelines yet – NNPC

  The deployment of drones to monitor petroleum products pipelines across the country is not going…

Edo NSCDC arrests five with 66,000 litres of petrol

  The Nigeria Security and Civil Defence Corps (NSCDC) on Saturday arrested five suspected pipeline vandals…

China’s slowing growth adds to shipping sector woes, says Fitch

  Fitch Ratings says China’s slower growth and economic transition will pose significant risks for the…

Maersk Line farms out 12 vessels to third party managers

  Maersk Line has inked contracts with Germany’s Bernhard Schulte Shipmanagement (BSM) and Denmark’s E.R. Schiffahrt…