France threatens to nationalize STX Shipyard if Italy snubs deal

France said on Wednesday it would nationalise the STX France shipyard if Italy does not accept…

Seadrill again on the verge of bankruptcy, extends $14bn debt talks

Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday…

South Africa arrests woman for smuggling rhino horn

South African police Wednesday arrested a 24-year-old woman with 20 kilogrammes of rhino horn before boarding…

Groups to fight piracy in Asia

Asia’s piracy watchdog ReCAAP and Oil Companies International Marine Forum (OCIMF) have signed a Memorandum of Understanding (MOU)…

COSCO acquisition of OOCL still faces ‘degree of uncertainty’

Cosco Shipping Holdings resumed trading on the Shanghai Stock Exchange (SSE) today, more than two months…

Suez Canal extends containership rebates to year end

The Suez Canal Authority has further extended rebates for containerships from ports of the East Coast…

Polish port handles record transshipments

Polish Port of Gdansk Authority recorded the best result in its history in terms of transshipments during the…

Respite for importers, motorists as Ali sacks Customs checkpoints 

  Motorists who have been severally subjected to harassment and intimidation by officials of the Nigeria…

We’re victim, not cause of Apapa gridlock, says APM Terminals 

The Management of APM Terminals Apapa has said that it is a victim of the menacing…

Eew! Smugglers conceal rice inside animal dungs 

  The Nigeria Customs Service (NCS), Federal Operations Unit, Zone B, has seized a truck-load of…

Ambode excited as Lagos floors NIWA over control of waterways 

Lagos State Governor, Akinwunmi Ambode on Tuesday expressed excitement at the judgment of Appeal Court in…

Buhari writes on health condition, as 7 governors visit him 

President Muhammadu Buhari says he is making good progress in London, United Kingdom where he is…