
Container rates near two-year high as Red Sea diversions persist
Drewry’s index touched $4,639 per 40ft box, with Cape routings still adding up to two weeks to Asia–Europe voyages.
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Guides, news and market intelligence for everyone moving cargo through Nigeria’s ports.

Drewry’s index touched $4,639 per 40ft box, with Cape routings still adding up to two weeks to Asia–Europe voyages.
Jul 17, 2026
Nigeria Customs completes its transition to the B’Odogwu platform and targets N11.07 trillion in 2026 revenue.
Jul 8, 2026
Import levies drop to 10% on new and 5% on used vehicles from July 1, with an engine-size surcharge arriving alongside.
Jul 3, 2026
Matching the vehicle to the load protects your cargo, your schedule and your budget. A quick field guide to the fleet.
Jul 1, 2026
The right storage decision can defer duty, protect stock and smooth your cash flow. The difference in plain terms.
Jun 17, 2026
Nigeria’s non-oil earnings closed 2025 at an all-time high, and Q1 receipts are up almost 39 percent.
Apr 18, 2026
NXP, SONCAP, fumigation and the Certificate of Origin all have their place in the sequence, and the harvest will not wait.
Jun 3, 2026
Lekki now handles four in every ten tonnes nationally, and a new direct Europe service cuts transit to 15 days.
May 14, 2026
Three acronyms decide how fast your imports clear. Understand the sequence and the port becomes predictable.
May 20, 2026
Demurrage is almost always a documentation problem that started weeks before the vessel arrived. Here is how to land on the right side of it.
May 6, 2026
Port modernisation, indigenous shipping finance and maritime security anchor a reform agenda for a $3 trillion sector.
Apr 11, 2026
Afreximbank projects 10 percent growth, powered by pan-African payments and falling non-tariff barriers.
Apr 2, 2026
The redesigned truck call-up regime is cutting haulage costs by more than half and turnaround from weeks to days.
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