Two more grain ships sail from Ukraine as 3rd port opens
Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last…
IMB: Singapore Strait, ‘area of concern’, as global piracy declines
Piracy and robbery aboard ships in Singapore and Asia Singapore Strait remaisn the area of highest concern for robbery of ships underway in the eastern traffic lane. While globally the…
Grimaldi bolsters hybrid RoRo fleet, receives Eco Adriatica
Italian shipowner Grimaldi has taken delivery of Eco Adriatica, the 11th of a series of 12 hybrid Roll-on-Roll-off RoRo vessels. With the delivery of Eco Adriatica, the fleet of Grimaldi…
Insurance for grain- laden ships leaving Ukraine skyrockets
London’s insurance industry is gearing up to cover Ukrainian grain and fertilizer shipments via a safe corridor, which could require up to US$50 million per insured cargo, industry sources said…
NPA mulls 30% tariff relief to revitalise eastern ports
The Nigerian Ports Authority NPA has said it is planning to increase tariff relief on consignments by as much as 30 per cent for service providers, as part of a…
Panama Canal welcomes transit of largest vessel by cargo capacity
CMA CGM’s Zephyr containership has become the vessel with the largest cargo capacity to ever transit the Panama Canal. The 16,285 TEU boxship completed its return trip through the Expanded…
We’ll seek AK-47, AK-49 licenses for new security outfit-Ortom
Governor of Benue State, Samuel Ortom at the inauguration of the Community Volunteer Guards, in Makurdi. Sequel to the inauguration of the state’s new security outfit; the Community Volunteer Guards,…
How China’s military exercises off Taiwan affect shipping
In further disruption to the supply chain vessels face being forced to divert from the Taiwan Strait as China launches large-scale, live firing military exercises in the key waterway. China…
Exclusive: EFCC raids BDC operators in Lagos…As dollar crashes at parallel market
Operatives of the Economic and Financial Crimes Commission EFCC on Wednesday in Lagos, raided Bureau de Change BDC operators across various locations in the state over the falling value of…
NPA, SON partner to boost non-oil exports, check fake goods
From left: Managing Director, NPA, Mohammed Bello-Koko presents a plaque to Director General, SON, Farouk Salim during a visit of the SON management to NPA headquarters, Marina, Lagos, recently. The…
