Government control of marine traffic will most likely result in the formation of another state-owned entity.
Seafarers who are constantly seeking better jobs are controlling the marketplace, a new survey reveals.
It will create new opportunities for trade and industry within Nigeria and the broader region.
The rebels launched missiles and drones targeting two American warships in the Bab al-Mandab Strait.
The vessels will aid the country’s efforts to combat maritime terrorism and the ongoing insurgency in the Cabo Delgado province.
Vessels will be equipped with four 26-metre systems that automatically adjust to wind conditions.
Egyptian officials have raised concern about the stability of the vessel, which lost power in the first attack.
“The terminal always aims to do better.” – Corporate affairs manager for Durban Terminals, Simphiwe Mpanza.
In a related development, Hapag-Lloyd confirmed orders for 24 new vessels from Chinese shipbuilders.
Ocean container shipping freight rates spiked more than 70% the last time the president ramped up tariffs.
A UN panel of experts has highlighted links between the rebels and terrorist groups such as Al-Qaeda and pirate groups in Somalia.
The Philippine Coast Guard has intensified its search for the missing vessel.
