CBN unveils N65/$ rebate for exporters of non-oil products

  Exporters will now enjoy a rebate of N65 for every dollar of non-oil export proceeds…

US imposes sanctions on Russia’s largest shipping company

  Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed…

Freight forwarders suspend protest after Shippers’ Council’s intervention

  Freight forwarders, who have been protesting at the Tin Can Island Port Complex since Monday,…

Shippers’ Council charges barge operators on standard, quality equipment

  The Nigerian Shippers’ Council (NSC) has called on the barge operators to use standard and…

Customs officer shot by bandits dies in hospital

  Mohammed Maradun, an Assistant Superintendent of Customs attached to the Federal Operations Unit (FOU), Zone…

Ukraine shuts down ports as conflict threatens grain supplies

  Ukraine’s military has suspended operations at its ports after Russian forces invaded the country by…

Ukrainian missiles hit two Russian cargo ships 

  Ukrainian missiles in the Sea of Azov, several Russian news agencies reported, citing the country’s…

CMA CGM launches biofuel trial for up to 32 ships 

  French shipping and logistics major CMA CGM has, with the support of the Maritime and…

Senate passes bill to establish Nigerian Maritime Security Trust Fund

  The Senate, on Wednesday, passed the bill seeking to establish a Nigerian Maritime Security Trust…

Over 45,000 incidents of maritime corruption reported in past 10 years

  Over the last decade the Maritime Anti-Corruption Network (MACN) has collected reports of over 45,000…

Drewry: Ocean carriers close 2021 with $190bn profit

  Ocean carriers have generated about $190 billion of annual profits and about $130 billion of…

Container volume at major Chinese ports falls by 10.6% 

  Container volume at eight major Chinese ports declined 10.6% year-on-year in early February coinciding with…