Category: News
MSC confirms former Maersk COO as its new CEO
Mediterranean Shipping Company (MSC) has confirmed that Soren Toft, who recently resigned as Chief Operating Officer (COO) of A.P. Møller–Mærsk, would be...
Commission probes Italy’s ports tax exemptions
The European Commission announced it has opened an in-depth investigation into tax exemptions granted under Italian law to ports amid concerns of competition...
South Korea returns to top spot in shipbuilding orders
South Korea recaptured the top spot in global shipbuilding orders last month, industry data showed, on the back of its dominance in the liquefied natural gas...
Sierra Leone-flagged freighter catches fire off South Korea
A Sierra Leone-flagged freighter with 13 Russian crew aboard caught fire while transiting the Sea of Japan, near the South Korean Port of Pohang, on Sunday. The...
China’s export container shipping index drops in October
China’s container transport for export purposes saw an overall decrease in October, according to the Shanghai Shipping Exchange (SSE). The average China...
Customs arrests nine smugglers in Katsina
Nine suspected smugglers have been arrested in the last 10 days trying to smuggle various contraband items into the country, the Katsina/Kaduna Customs...
NPA writes lawmakers, insists on Lagos safe anchorage cancellation
The Nigerian Ports Authority (NPA) has written a letter to the National Assembly kicking against the creation of the Lagos Secured Anchorage Area (SAA) and...
Substandard tugboats, barges on waterways worry NIWA
The National Inland Waterways Authority (NIWA) has decried the use of substandard tugboats and barges during cargo evacuation by barge operators from the Apapa...
Nigeria’s inflation hits 11.61% in Oct
Higher food prices after borders with neighbouring countries were closed in a crackdown on smuggling pushed up annual inflation in Nigeria last month. Annual...
Malaysia bans open-loop ship scrubbers ahead of IMO 2020 rule
Malaysia has prohibited the use of open-loop scrubbers by ships plying Malaysian waters, as Southeast Asia’s third-largest economy joins the growing number of...
The hidden culprits of Apapa gridlock
To the average Nigerian, the traffic nightmare notoriously known as the ‘Apapa gridlock’ is caused by trucks entering and exiting the Lagos ports to evacuate...
Maersk’s former COO appointed CEO of MSC
A.P. Møller–Mærsk’s former Chief Operating Officer, Søren Toft, who resigned from the largest shipping company last week, is heading to Maersk rival and 2M...
