Nine missing after ship sinks off Vietnam

Nine seafarers remain missing after their general cargo vessel Hai Thanh 26 BIDV sank some 44…

Tianjin port development full year results dip 

Tianjin Port Development Holdings Limited saw its full year results declined compared to the previous year…

SIPG records improved earnings for 2016

China’s Shanghai International Port (Group) Co (SIPG) has achieved improved earnings for 2016, with Shanghai port…

Ocean Rig files for bankruptcy restructuring

George Economou’s Ocean Rig and its subsidiaries have filed for bankruptcy restructuring with the appointment of…

Carnival Corporation off to a good start

Miami-based cruise company Carnival Corporation Plc has ended the first quarter of 2017 with a GAAP net…

China firms eye infrastructure projects around Panama Canal

Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief…

China Shipping Ports profit plunges 43% 

Cosco Shipping Ports (CSP) saw 2016 net profit drop by 43% to $247m from $429.3m previously…

PHOTOS: Buhari presides over FEC meeting

President Muhammadu Buhari on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the…

Senate admits buying controversial bulletproof Range Rover 

The Senate on Tuesday admitted that it bought a bulletproof Range Rover sports utility vehicle (SUV)…

Another Senator, Hope Uzodinma battles to clear name in 30 rice containers seized by Customs

The Chairman Senate Committee on Customs, Excise and Tariff, Senator Hope Uzodinma, on Tuesday, denied having…

Reps move to stop commercialisation of Nigerian Navy

The House of Representatives Tuesday moved to stop the Commercialization of the Nigerian Navy. The resolution of…

Group cashes in on vehicle duty brouhaha, launches N5,000 stickers

A relatively unknown group known as the Association of Motor Dealers of Nigeria (AMDON) said it…