Ado Bayero denies owning equity in Intels

The newly appointed Managing Director of Nigerian Ports Authority (NPA), Lamido Sanusi Ado Bayero yesterday denied…

Maritime Cup 2015: Semi-finalists emerge

After 10 days of exciting football action, the semi-finalists have emerged in this year’s Maritime Cup…

Bourbon Offshore: Kidnapped crewmembers released

French offshore services provide Bourbon Offshore has confirmed that three of its workers kidnapped from a…

Four oil thieves bag 24 years jail term

A Federal High Court in Lagos yesterday convicted and sentenced four men to a prison term…

NEPAD to regulate products import, export from Africa

The New Partnership for Africa’s Development has announced plans to regulate the import and export of…

Eugene Nweke and Prince Olayiwola Shittu

National President, National Association of Government Approved Freight Forwarders (NAGAFF), Chief Eugene Nweke (third left) and…

Turkish general cargo vessel shelled off Libya, one dead

Forces loyal to Libya’s internationally recognised government said yesterday they shelled a Turkish ship off the…

Cambodian port sees 10.6 pct rise in container volume in 4 months

Container throughput at Phnom Penh Autonomous Port, Cambodia’s 2nd largest container hub, expanded 10.6 percent in…

Surprise rise in floating storage boosts tanker market

There has been a surprise in floating storage despite the rising oil price, which is helping…

Piracy contained in Somalia but remains a major threat in Nigeria, says Dryad

Despite optimum conditions for piracy in Somalia, the presence of international naval patrols and armed guards…

Jonathan says Nigeria owes Chief Shonekan huge debt of gratitude

President Goodluck Jonathan on Friday felicitated with a former Head of the Interim National Government, Chief…

‘External reserves can’t pay for more than 3 months of imports’

The nation’s foreign exchange reserves fell one per cent month-on-month to $29.5 billion by April 28,…