Swiber pursues AMTC’s breach of agreement, remains open to investors

Swiber Holdings is pursuing a breach of terms under a subscription agreement by London-based private equity…

Asian cruise industry shows no signs of slowing down

The cruise industry in Asia is growing at a record pace and shows no signs of…

Hanjin Shipping faces setback in debt relief efforts due to possible Q2 loss

Concerns are growing that Hanjin Shipping Co., South Korea’s largest container carrier suffering from debt woes,…

Heavy weights on board

Whether it involved exceedingly heavy propellers for container ships, a huge flare-stack pipe for the oil…

NPA’s N13.595b trapped in three banks, TSA account

About N13.595b belonging to the Nigerian Ports Authority (NPA) is trapped in three commercial banks and…

PHOTOS FROM REPAIR OF APAPA BRIDGE

Below are pictures from ongoing repair work by Julius Berger on the caved in portion of…

Amaechi eulogises late Maduekwe, at night of tribute

The Minister of Transportation, Rotimi Amaechi, has described the late former Minister of transport, Chief Ojo…

10 houses shut, 12 illegal oil wells uncovered in Lagos

  At least 10 houses have been shut at Ilasamaja area of Lagos, Southwest Nigeria as…

Fuel scarcity looms as NNPC, NPA bicker over N5bn debt

The feud between Nigerian Ports Authority (NPA) and the Nigerian National Petroleum Corporation (NNPC) over a…

Navy arrests 2 suspects over attacks on Chevron facilities In Warri

Navy authorities at NNS DELTA, Warri, on Saturday said two middle-aged men suspected to be involved…

Export of agric products now enhances Nigeria’s revenue profile, says Customs Comptroller

Deputy Comptroller (Exports) at Tin Can Island Port Command of the Nigeria Customs Service, Zakari Nasir,…

China launches high resolution maritime surveillance satellite

China has launched a new high-tech high-resolution imaging satellite to safeguard China’s maritime rights and interests.…