Customs Seeks Forfeiture of 3 Aircraft Linked to MRS Boss Over $1.75m Duty

  The Nigeria Customs Service has asked the Federal High Court in Lagos to permanently forfeit…

Tinubu Pledges Stable Policies as Ogun, DP World Seal $7bn Deep Seaport, Economic Zone Deals

  President Bola Ahmed Tinubu has assured domestic and international investors of the Federal Government’s commitment…

Oyetola: New Investments Must Strengthen, Not Displace, Artisanal Fishers

  The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has stressed that new investments…

Shipping Lines Hail US Lifting of 12-Year Restriction on Nigerian Ports

  Multinational shipping lines operating in Nigeria have welcomed the United States Coast Guard’s decision to…

Trump Renews Attack on IMO Net-Zero Shipping Framework

  US President Donald Trump has renewed his opposition to the International Maritime Organization’s (IMO) Net-Zero…

BIMCO Warns Container Shipping Faces Supply Glut in 2027

  The container shipping market could face a sharp weakening in 2027 as a surge in…

Indian Seafarer Killed as MV Cape Dao Comes Under Attack off Oman 

  An Indian seafarer was killed on Wednesday when the bulk carrier MV Cape Dao came…

Nigeria’s Fish Import Bill Drops 14.8% to N167.9bn in Q2 2026

  Nigeria’s fish import bill fell by 14.8 per cent to N167.91 billion in the second…

Hapag-Lloyd Imposes Congestion Surcharge on Tema 

  Hapag-Lloyd is introducing a US$250-per-TEU congestion surcharge on refrigerated containers bound for Tema, Ghana, citing…

France, US Draft UN Resolution to Secure Strait of Hormuz

  France has begun drafting a UN Security Council resolution, in coordination with the United States,…

25 Crew Rescued After MSC Container Ship Abandoned in South China Sea

  All 25 crew members of the container ship MSC Hermes III have been rescued after…

NPERA, NPA Begin Process to Transfer Inland Dry Port Functions 

  The Nigeria Ports Economic Regulatory Agency (NPERA) and the Nigerian Ports Authority (NPA) have begun…