Latest figures from the National Bureau of Statistics (NBS) have shown that India was Nigeria’s biggest trading partner in the third quarter of 2018,...
Operators in the maritime industry have accused the Maersk Group of gradually building a monopolistic market for it self in Nigeria by creating more...
CMA CGM has decided to implement a Peak Season Surcharge, applicable as from December 1st, 2018 (date of loading in the origin port) until further notice:
This...
There are controversies surrounding the whereabouts of about 500 containers which are believed to be on transit to the Lilipond Terminal in Ijora, Lagos.
While...
Despite making heavy losses estimated at N70 billion yearly in demurrage on Lagos ports, crippling traffic congestion caused by bad access roads and high...
Importers using the ports in Tincan Island, Lagos and Kirikiri Lighter Terminal, are now to pay charges on bulk cargoes of cement, fish, fertilizer,...
The Ship Owners Association of Nigeria (SOAN) has expressed worry over the 14 percent importation cost on Nigerian vessels.They said they are unable to...
Port congestion at Lagos ports, Nigeria, is currently increasing CMA CGM's operational costs and generating severe service disruption for several weeks.
CMA CGM will therefore...
Maesk Line imposes $2bn on Nigeria, other importers over fuel
Ahead of the International Maritime Organisation (IMO) deadline, Maersk Line has said that importers using...
Mitsui O.S.K. Lines (MOL) announced that, following regulatory approval under competition law, it acquired a 72% stake in Gearbulk Holding AG on 20 January...
Greek owner and operator of container vessels Euroseas announced the sale of the boxship Diamantis P, through its wholly owned subsidiary Euroholdings.
The vessel Diamantis...
Yemen’s Houthis announced the end of their Red Sea blockade all except Israeli shipping, ZIM isolated, as shippers call for contract innovation to meet...
The recent geopolitical developments highlighted by the first quadrilateral defense meeting hosted by the new US Secretary of State and the unveiling of Iran's...