MSC Nears 20% Market Share in Container Shipping

  The world’s largest container line, MSC, continues to expand its dominance, reaching an unprecedented market…

Filipino Seafarers Released from MSC Ship Seized by Iran

  The Philippines’ Department of Migrant Workers (DMW) announced over the weekend that three Filipino seafarers…

NDLEA Officials Seize Illicit Drugs at Tin Can Port, Lagos Airport

  The National Drug Law Enforcement Agency (NDLEA) has intercepted 77 packages of Canadian Loud, a…

Lagos Secures €410 Million Funding to Boost Blue Economy

  The Lagos Government has announced that it has secured €410 million in funding to develop…

Seaports Deserted as #EndBadGovernance Protests Sweep Across Nigeria

  Nigeria’s seaports have been deserted as protesters take to the streets nationwide to demand an…

Maersk Reports Q2 Revenue of US$12.8bn 

  Danish shipping giant A.P. Moller-Maersk has reported an unaudited revenue of US$12.8 billion, underlying EBITDA…

DP World Secures Another Victory in Ongoing Legal Dispute with Djibouti

  DP World has achieved another significant win in its long-standing legal battle with the government…

NIMASA, Community to Resolve Dispute through ADR

  The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Abade-Toru Manga Community Development Initiative…

Protest: Apapa Customs Command Reassures Stakeholders of Uninterrupted Services

  Comptroller Babatunde Olomu, Apapa Customs Area Controller, has reassured port users that clearing of goods…

Customs Announces Suspension of Import Duties on Essential Food Items

  In a bid to address widespread economic challenges and hunger in Nigeria, the Comptroller-General of…

Nigeria’s Food Import Costs Soar as Naira Continues Downward Spiral

  Nigeria’s imported food inflation surged to 36.38% in June 2024, up from 34.83% in May,…

FG Targets Self-Sufficiency in Fish Production Amid Rising Import Costs 

  The Federal Government has expressed concerns over Nigeria’s fish import bill, which stands at 2.4…