COSCO Shipping closing down yards to combat overcapacity

COSCO Shipping Heavy Industry Co Ltd, China’s third largest shipbuilder by output, plans to cut the…

Mexico inaugurates new terminal

Mexican President Enrique Pena Nieto officially inaugurated Tuxpan Port Terminal (PTP) last Thursday. The President was accompanied…

Firm salvages Indian navy Frigate in Mumbai dock

US-based salvage company Resolve Marine Group has completed the salvage of the INS Betwa, the Indian…

Chinese cruise ship embarks on South China sea voyage

A new Chinese cruise ship has embarked on its maiden voyage to the disputed Paracel Islands…

Shell Nigeria shuts Bonga oil field for at least a month

Shell Nigeria Exploration and Production Company (SNEPCo) halted production at Nigeria’s Bonga oil field on March…

Nigeria racing to add capacity to provincial airport before Abuja closure

Two days before Nigeria shuts down Abuja’s airport for repairs to its dilapidated runway, workers still…

Foreign airlines insist Kaduna airport not safe for operations

Barely 24 hours to the closure of Nnamdi Azikiwe International Airpor, Abuja for total rehabilitation of…

Community wants Osinbajo to appoint rector for Maritime Academy

The Oro ethnic nationality in Akwa Ibom State has appealed to Acting President Yemi Osinbajo to…

Nigerians advise against any non-urgent travel to U.S. after visa holders were denied entry

Senior Special Assistant to the President on Foregn Affairs and Nigerian in Diaspora Hon Abike Dabiri-…

North Korea fires missiles, three reach waters off Japan

Nuclear-armed North Korea launched four ballistic missiles on Monday in another challenge to President Donald Trump,…

Forex market posts dollar trades at near record low

Nigeria’s interbank forex market traded $540,000 in early deals at 375 naira per dollar, near a…

Nigerian Navy rescues Russian, Ukrainian sailors from pirates

Seven Russian sailors and one Ukrainian national who were kidnapped last month off the coast of…