The Federal Government said Nigerians spend as much as N16 billion annually on the importation of…
Category: News
Cosco Shipping Bulk signs contract for eight bulk carriers
Cosco Shipping Bulk has inked a contract for eight 210,000 dwt bulk carriers newbuildings, plus options…
Montenegro impounds 50kg of hard drugs on training ship
Montenegrin military police have seized around 50 kilograms of drugs on board a naval training ship,…
Congo ships iron ore from upgraded port
Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port that…
Buhari signs new minimum wage bill
President Muhammadu Buhari has signed the new minimum wage bill. The bill, which has now become…
Damen records $19.1m loss for 2018
Damen Shipyards Group has recorded a net loss of USD19.1 million in 2018. This is the…
ABS, CINS to jointly reduce dangerous goods stowage risks
Technology company ABS and Cargo Incident Notification System (CINS) representatives will be working together to set…
Iran, Oman to launch new shipping line by late April
Iran and Oman are set to add a new direct shipping route between their ports in…
Junction Rain: U.S., Nigerian navies intercept 100 ships
The Nigerian Navy with its United States counterparts have intercepted 100 vessels out of which 40…
Ukraine appeals detention of vessels, 24 sailors by Russia
Ukraine has submitted an appeal to the International Tribunal for the Law of the Sea (ITLOS) requesting…
Panama Canal to welcome its biggest ever containership in May
The Panama Canal is set to welcome its biggest ever containership mid-May, according to Alphaliner. Taiwan’s…
Chinese firm signs contract to build $135m port in Bulgaria
China Machinery Engineering Corporation (CMEC) has signed a $135.5 million Bulgaria port project construction contract with Logistic…