Maersk’s container terminal operating arm APM Terminals has announced a $1 billion investment in its…
Category: News
Nigeria’s inflation hits 22.22%
The consumer price index (CPI), which measures the rate of change in prices of goods…
Lekki port invests $100m in equipment, targets transshipment cargo
The promoters of the Lekki Port and Lekki Freeport Terminal have stated that the $1.5…
Naval officer found guilty of negligence in oil tanker collision
A Norwegian naval officer was found guilty on Monday and sentenced to a two-month suspended…
Iran seizes third tanker, US boosting military presence
Iran has detained a third tanker in the space of 19 days, as the confrontation…
TICT receives MSC MAUREEN — the largest containership to berth in Lagos
The Tincan Island Container Terminal Ltd (TICT) on Tuesday received the MSC MAUREEN — the…
FG inaugurates committee to remove overtime cargoes from ports
The Federal Government has inaugurated a committee composed of the representatives of Nigerian Ports Authority…
Customs intercept sack of military uniforms from Niger
The Nigeria Customs Service, Federal Operations Unit, Zone B Kaduna, said that it intercepted a…
Germany approves COSCO stake in Hamburg port terminal
Port logistics firm HHLA this week said the German government has cleared the purchase by…
APM Terminals to invest over $1bn in Brazil by 2026
AP Moller -Maersk’s APM Terminals plans to invest $1.05bn (BRL5.2bn) in its port terminals in…
Senate indicts NIMASA management for financial misappropriation
The Senate has indicted the Nigerian Maritime Administration and Safety Agency (NIMASA) for financial misappropriation…