Wednesday, 26th January 2022
Breaking News:


14 Nov
Few days after the Nigerian Shippers’ Council (NSC) cautioned shipping lines against exploitative tendencies, the French shipping company, CMA CGM has slammed an overweight surcharge (OWS) on cargo shipments from China to Nigeria.
12 May 2021
In an important milestone for Nigeria’s port industry, Onne Multipurpose Terminal (OMT) has commenced container operations at Onne Port, Rivers State, thereby doubling the Eastern port’s modern container handling capacity and providing a catalyst ....
21 Aug 2019
MSC Mediterranean Shipping Company has improved its comprehensive West Africa shipping network by adding a new call at Onne Port, Rivers State. MSC in a statement said: “Building on our existing successful presence in the nearby market of Port Harcourt, we will deploy an additional feeder service to call at Onne, beginning on 14 August 2019.
8 Apr 2019
Bayelsa State Governor, Seriake Dickson, has offered automatic employment to 307 products of the state Scholarship Scheme who have completed their doctorate and masters decree programmes in various disciplines in universities across the world. A statement issued by his Special Adviser on Media Relations, Fidelis Soriwei, yesterday quoted the governor as having declared automatic employment…
24 Mar 2019
One of the harshest news that jolted many within and without the country’s maritime industry recently, even though it was not totally unexpected, was the confirmation that Apapa Port, Lagos State, was no longer West Africa’s leading and busiest container port. That reputation now belongs to Lome Port in neighbouring Republic of Togo. Data from…
16 May 2018
Maersk Line and MSC, the world’s top two container shipping groups, are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran. The announced reinstating of nuclear-related sanctions against Iran is already starting to kick in as the shipping industry giants led by Maersk Line and MSC start to…


19 mins ago
The Federal Government, in collaboration with Pan-African Manufacturers Association (PAMA), has announced plans to boost intra-Africa trade currently at 13 per cent, noting that with African Continental Free Trade Agreement...
21 mins ago
There would be dire consequences, the Organised Private Sector (OPS) stated, yesterday, in reaction to Federal Government’s suspension of the planned withdrawal of the subsidy regime announced on Monday.
21 mins ago
The International Monetary Fund (IMF) has raised its forecast on Nigeria’s output growth this year to 2.7 per cent, from 2.6 per cent projected in October.
23 mins ago
The Peoples Democratic Party (PDP) risks mass defections if it fails to zone the 2023 presidency to Southern Nigeria, a group, Vanguard for Justice, has warned.
27 mins ago
Almost 66 years after commercial oil discovery in Oloibiri Oilfield, the current wave of divestment hitting the nation’s oil and gas industry has been deemed necessary to allow smaller entities contribute to economic activities...