UK Archives — City Business News

April 13, 2024 No Responses

Firm Completes First Ship-To-Ship Transfer

Navigator Holdings (Navigator Gas), a UK-headquartered owner and operator of a fleet of handysize liquefied gas carriers, has performed its first ship-to-ship ammonia transfer. Navigator Gas’ 38,000 cbm liquefied petroleum gas (LPG) carrier NAVIGATOR JORF received 25,300 metric tonnes of...

April 7, 2024 No Responses

UK Backs Creation Of Green International Shipping Routes

The UK government has revealed it will launch the bidding process for the £1.5 million ($1.9 million) funding aimed at establishing zero-emission shipping routes to and from the UK. The latest round of the Clean Maritime Demonstration Competition (...

March 29, 2024 No Responses

NDDC Visits Foreign Scholarship Students In UK

The Niger Delta Development Commission, NDDC, is demonstrating its commitment to ensuring optimal value from its renowned foreign postgraduate scholarship programme. To achieve this, the NDDC has embarked on a Monitoring and Evaluation (M&E) visit to...

March 11, 2024 No Responses

India Signs $100b Free Trade Deal With Four Countries

India has signed a free trade agreement (FTA) with a group of four European countries that are not members of the European Union. The deal with the European Free Trade Association (EFTA) will see investments in India of $100bn (£77.8bn),...

December 19, 2023 No Responses

Parallex Bank wins UK Reputable Bank award

Parallex Bank Ltd. has been recognised as the Reputable Bank of the Year by the Global Reputation Forum in the United Kingdom. The Chief Executive Officer of Parallex Bank, Dr Olufemi Bakre, who represented the bank at the event, made...

November 25, 2023 No Responses

Nissan Unveils £2b Electric Car Investment Plan In UK

Nissan and its partners have announced a £2bn plan to build three electric car models at its Sunderland factory. BBC Reports that the Japanese firm will build electric Qashqai and Juke models at the plant alongside the next generation of...

November 5, 2023 No Responses

Hyundai Rolls Out Low-Carbon Electric Propulsion System For Large Ships

HD Korea Shipbuilding & Marine Engineering and HD Hyundai Heavy Industries (HHI), affiliates of HD Hyundai Shipbuilding, has received approval in principle (AIP) for the low-carbon electric propulsion system (phase II) for solid oxide fuel cell (SOFC) batt...

September 11, 2023 No Responses

United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

THE Federal Government has granted the approval of the United Nigeria Airlines to begin international flights operations into six countries, including United Kingdom. Mr Hassan Ejibunu, Director, Air Transport Management, Ministry of Aviation and Aer...

August 3, 2023 No Responses

Deepen Partnership With Africa, Tinubu Urges UK

President Bola Tinubu has urged the United Kingdom to strengthen its partnership with Nigeria and the African continent through increased investments across various sectors. He made the call on Wednesday when he received the United Kingdom’s ...

July 20, 2023 No Responses

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...

July 11, 2023 No Responses

Sustainable Shipping: UK Pledges $43m

The UK Government has committed £34 million ($43 million) of funding, which is part of the Clean Maritime Demonstration Competition (CMDC), for new technologies that will help decarbonise shipping. World Maritime News report that the competition loo...