Samsung Electronics to increase stake in Samsung Heavy Industries   

Samsung Electronics intends to buy more shares of the financially struggling affiliate Samsung Heavy Industries (SHI). Samsung…

Rotterdam port first half throughput dips, earnings fall

The port of Rotterdam’s container throughput fell by 2.3% year-on-year in the first six months of…

China’s June crude oil imports from Saudi Arabia down 14.2%  

China’s crude oil imports from Saudi Arabia were down 14.2 percent in June, compared to the…

Photo: Nigerian Shippers’ Council visit NUC in Abuja

Royal Navy nuclear sub damaged in collision with commercial vessel  

A British nuclear Astute-class submarine was involved in a “glancing collision” with a merchant vessel off…

China to send eight cruise ships to disputed South China Sea  

Up to eight Chinese ships will offer cruises to the South China Sea over the next…

China Cosco gets $28m in subsidy for renewing fleet  

China Cosco Holdings Company announced that it has received a subsidy amounting to RMB189m ($28.3m) from…

Navy parade two suspected Niger Delta Avengers members

The Nigerian Navy on Thursday paraded suspects, including two alleged operatives of the notorious Niger Delta…

BREAKING NEWS: Buhari confirms talks with Niger Delta militants

President Muhammadu Buhari on Thursday confirmed that his administration is currently engaging Niger Delta militants in…

Customs intercepts pistol, ammunition at Tin Can

The Customs Area Comptroller, Tin-Can Island Command of the Nigeria Customs Service, Comptroller Yusuf Bashar, said…

Seafood import drops by 12% on CBN forex policy

The restrictive import quota measure introduced by the Federal Government has forced seafood import from Norway…

Group plans holding bay for 1,000 trucks along Mile 2 expressway

The Partner Government Agencies and Stakeholders Forum (PGASF) plans to work with Creek and See Truck…