Explosion kills employee at Argentine port

By Jite Eriabie   An explosion at a grains terminal in Argentina owned by China’s COFCO International on…

Samsung Heavy to sign $195m deal for LNG carrier

By Jite Eriabie  South Korean shipbuilder Samsung Heavy Industries (SHI) is to sign a contract for…

Hyundai Heavy tumbles on $1.6bn sale plan

By Jite Eriabie   Hyundai Heavy Industries, the world’s second-biggest shipbuilder, fell by a record following its…

NNPC accuses oil marketers of lying, owing N27bn 

  The Nigerian National Petroleum Corporation (NNPC) on Wednesday accused oil marketers under the aegis of…

Passengers stranded as airlines cancel flights in Abuja 

Several passengers were stranded on Wednesday as some domestic and international airlines delayed or cancelled their…

NBS tells Nigerians to expect worse unemployment figures in Q4 

The National Bureau of Statistics (NBS) says the number of unemployed people in Nigeria will increase…

NEPZA licences three new free zones 

By Oluwatoyin Amao   The Nigeria Export Processing Zones Authority (NEPZA) said it has licensed three new…

US to sell warplanes to Nigeria

  The United States Ambassador to Nigeria, Stuart Symington, on Wednesday presented the Letters of Offer…

Vietnam jails 15 for plot to blow up airport

  A Vietnamese court on Wednesday sentenced 15 people to multiple years in jail for plotting…

Despite Arab gang up, Qatar’s ports show impressive growth

Ports in Qatar continue to post robust performance showing strong growth in traffic. Defying the unjust…

Russian cargo ship stuck off Portsmouth

The British Coastguard is assisting a Russian flagged cargo ship, which started to list to one…

Turkey to restore Sudanese Red Sea port, build naval dock

Turkey will rebuild a ruined Ottoman port city on Sudan’s Red Sea coast and construct a…