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Hassan Bello

Nigeria lost $9 billion in crude oil freight to foreign ships — Bello

The Executive Secretary/CEO of Nigerian Shippers Council (NSC), Mr. Hassan Bello, is at present the longest serving maritime agency CEO in Nigeria. In this interview...

Hassan Bello

Freight rate is a function of demand and supply — Bello

The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Barrister Hassan Bello, in this interview with Shulammite ‘Foyeku, speaks on the council’s...

PHOTOS: Osinbajo presides over FEC meeting

FEC new freight office in Jibia border 

The Federal Executive Council (FEC) has approved a contract for the construction of a national freight office in Jibia, a border town in Katsina state. The approval was...

Palletization: Shipping lines to hike freight charges to Nigeria by 40% 

Palletization: Shipping lines to hike freight charges to Nigeria by 40% 

More facts have emerged on the cost implication of the cargo palletization policy introduced late last year by the Federal Government, as a representative of a leading...

Freight rates weaken on Asia-West Africa trade route 

Freight rates entering calmer waters, says Drewry 

By Jite Eriabie  Carriers’ lack of success implementing spot market freight rate increases in September is less worrying than it appears, according to shipping...

Freight rates weaken on Asia-West Africa trade route 

Freight rates weaken on Asia-West Africa trade route 

A demand growth recovery in the Asia-West Africa container shipping trade inspired two new fortnightly services, but freight rates have responded poorly, shipping...

Shippers association ask FG to suspend palletisation of imports, says policy will increase cost of freight

Shippers association ask FG to suspend palletisation of imports, says policy will increase cost of freight

Ahead of the July 11 deadline for implementation of the Revised Import Guidelines, the Shippers Association of Lagos State has asked the federal government to suspend...

Clarksons: Product tanker fleet enters moderate growth era

BIMCO: Tanker freight rates continue dropping

Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued their decline following the brief lift at year-end,...

Bigger ships to continue pressuring freight rates

Drewry: Bigger ships to continue pressuring freight rates

Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in the opposite direction are surging, according to shipping...

P&O Ferries

P&O Ferries reports record breaking freight volumes on English channel

P&O Ferries carried more freight across the English Channel in the first three months of the year than in any first quarter in its modern history. The ferry and...

Maersk Line

Low freight rates affect Maersk Group’s profit

Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 438 million in the third quarter of 2016, down from USD 778 million seen in the same...

SOAN chairman Ogbeifun

Proposed Nigerian fleet: SOAN task FG on oil freight policy

As part of efforts to make the planned Nigerian fleet (national carrier) successful, with generous availability of Nigerian cargoes, the Ship Owners Association of...