Precious Shipping has denied any links to drugs found aboard one of its ships in Nigeria and has said it is cooperating with authorities.

Nigerian media sources reported that the 56,548-dwt Chayanee Naree (built 2012) was detained last week after 32.9 kg of drugs were found aboard the vessel.

The ship had loaded 46,000 tons of raw sugar in Santos, Brazil, for discharge in Nigeria on a voyage charter to an unnamed European company.