Fresh tension builds between Iran, U.S. in Gulf 

The Iranian Revolutionary Guards said on Saturday that U.S. Navy ships came close to their vessels…

APM Terminals celebrates 10 years in Morocco

APM Terminals Tangier welcomed the Munich Maersk, one of the world’s largest container vessels, as it…

France offers Italy naval ship deal to resolve STX row 

France will offer to expand shipbuilding cooperation with Italy into naval vessels, Finance Minister Bruno Le…

OOCL volume, revenue rise 

Hong Kong-based container carrier Orient Overseas Container Line (OOCL) recorded a 15.2% rise in its total revenues…

Baltic index down on weaker panamax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, inched…

Sri Lanka signs $1.1bn China port deal

Sri Lanka signed a long delayed $1.1 billion deal on Saturday to lease its southern Hambantota…

Samsung Heavy swings to black in Q2 on cost-saving measures

Samsung Heavy Industries Co., a major shipyard here, said Thursday that it swung to the black…

10 dead, six injured in Lokoja fuel tanker inferno 

Ten people were burnt beyond recognition while six others sustained serious injuries when a petrol tanker…

2017 Budget: Fashola apologises to lawmakers 

  The Minister of Power, Works and Housing, Babatunde Fashola, yesterday apologised to lawmakers in the…

Akwa Ibom governor says God has healed Buhari

The Governor of Akwa Ibom State, Udom Emmanuel, says God has healed President Muhammadu Buhari. Udom…

FG probes smuggling of snakes, other animals into Nigeria from Cameroon 

The Federal Government says it has commenced investigation to uncover the importers of three consignments containing…

FG making positive impact on the economy – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, said on Friday the Federal Government is making…