Daewoo Shipbuilding to land major Iran deal

Daewoo Shipbuilding & Marine Engineering (DSME) is close to inking a 1.3 trillion won ($1.1 billion)…

Big three shipbuilders fail to win orders in April

Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries won no ship orders…

China Cosco Holdings hit by deeper loss of $692m in Q1

China Cosco Holdings Company has been hit by a deeper loss in the first quarter of…

Two smugglers arrested for fuel diversion

Two suspected smugglers of fuel have been arrested by officials of the Nigeria Security and Civil…

Six feared dead as Customs, smugglers clash in Ogun

Residents of Oke Odan in Ogun State have been enveloped in fear after officials of the…

Passengers on Lagos waterways hit two million monthly as NIWA, LASWA reach truce

At least, two million passengers commute on Lagos’ waterways on monthly basis, says the Lagos State…

NSCDC arrests two suspected oil thieves in Bayelsa

Operatives of the Nigeria Security and Civil Defence Corps, Bayelsa State Command, have apprehended two persons in connection…

FG subsidising petrol by N12 – PPPRA

The Federal Government yesterday said it was currently subsidising Premium Motor Spirit (PMS) otherwise known as…

Pirates free 10 kidnapped Indonesian crew

Ten Indonesian crewmembers who were kidnapped on March 26 in the Philippine waters have been released from captivity, according…

NDLEA discovers cocaine in sweets wraps, arrests two suspects

The National Drug Law Enforcement Agency (NDLEA) has discovered one hundred and ninety-three (193) wraps of…

Costa Concordia captain begins appeal against conviction

Former captain of the sunken Costa Concordia cruise ship, Francesco Schettino, has begun his appeal against…

China Cosco vessel wins ballot to transit expanded Panama Canal during inauguration

China Cosco’s 9,400 TEU-container vessel Andronikos will be making the inaugural transit of the expanded Panama Canal during…