IOM says 38 migrants dead in Djibouti boat mishap

More bodies have been recovered by rescuers after two boats overloaded with African migrants sank off…

Hyundai eyes stake in Daewoo Shipbuilding

World’s biggest shipbuilder, Hyundai Heavy Industries Group is interested in buying a stake in fellow Korean…

PHOTOS: Petrol tanker on fire in Lagos

A petrol leaden tanker early Wednesday morning burst into flames after it fell at a bad…

130 African migrants missing after boats capsize off Djibouti

  At least 130 African migrants are missing off the coast of Djibouti after two boats…

WTO investigates US tariffs on Chinese goods

The World Trade Organisation has launched an investigation into US President Donald Trump’s tariffs on US$250…

Libya’s El Sharara oilfield to remain closed – NOC

The Chairman of Libya’s National Oil Corp (NOC), Mustafa Sanalla, says the 340,000 barrels per day…

Yemen: U.N. calls for withdrawal of warring troops from Hodeidah

The United Nations Special Envoy to Yemen, Martin Griffiths, has called on warring factions in the…

Passenger traffic rise by 1% at Dubai Airport

Dubai International Airport passenger traffic rose by one percent in 2018, handling 89.1 million passengers, short…

Qatar eyes 60 new LNG carriers

Qatar’s Energy Minister, Saad Sherida Al-Kaabi, says he expects synergy with Korea’s major shipbuilders in Doha’s…

Egypt inaugurates $17m new international airport

Egypt on Saturday inaugurated the $17 million Sphinx International Airport, near the Giza Pyramids and the…

EU, New Zealand to sign trade pact this year

European Commission President, Jean-Claude Juncker, on Friday, said he is optimistic that the EU and New…

DP World to buy back shares in Australia unit

Global port operator, DP World says it will spend $250 million buying back shares from Corsair…