Category: Foreign

Iran Launches Direct Strikes On Israel
April 14, 2024 No Responses

Iran Launches Direct Strikes On Israel

Iran on Saturday launched drones at Israel directly from its territory, the Israeli army said, marking a major escalation of the long-running covert war between the regional foes Iran had repeatedly threatened to strike Israel in retaliation for a deadly...
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Firm Completes First Ship-To-Ship Transfer
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 re...
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Firm Begins Construction Of 295-Meter LNG Carrier
March 29, 2024 No Responses

Firm Begins Construction Of 295-Meter LNG Carrier

Chinese shipbuilder, Hudong-Zhonghua Shipbuilding has started the construction of what is said to be the first single-class large LNG carrier of China Classification Society (CCS). The steel-cutting ceremony for the 174,000 m3 LNG carrier H1909A of PetroChina ...
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Firm Gets $1.8b Contract For Eight LNG Vessels
March 28, 2024 No Responses

Firm Gets $1.8b Contract For Eight LNG Vessels

Korean shipbuilding major, Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, has received a construction order for eight liquefied natural gas (LNG) vessels from an undisclosed shipowner. Under the $1.8billion, the company will buil...
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Etihad Cargo, Astral Aviation Strengthen Abu Dhabi-Nairobi Connection
March 26, 2024 No Responses

Etihad Cargo, Astral Aviation Strengthen Abu Dhabi-Nairobi Connection

Astral Aviation has concluded plans to resume weekly operations from Abu Dhabi from 28 March 2024.  This regular service is anticipated to further strengthen trade links between the UAE and Africa, catering to a wide range of cargo needs and...
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Access Bank To Acquire National Bank Of Kenya
March 21, 2024 No Responses

Access Bank To Acquire National Bank Of Kenya

Access Bank is to acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited. in 2019, this is the Nigerian lender’s second acquisition in...
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India Signs $100b Free Trade Deal With Four Countries
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),...
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Firm Gets $1.08b Contract For LNG Carriers
February 27, 2024 No Responses

Firm Gets $1.08b Contract For LNG Carriers

South Korean shipbuilding heavyweight, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of four LNG carriers worth $1.08 billion. .The four LNG carriers have been ordered by an unnamed shipping company f...
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Firm Secures $241m Contract For Two Carriers
February 22, 2024 No Responses

Firm Secures $241m Contract For Two Carriers

South Korean shipbuilder, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received an order to build two very large ammonia carriers (VLACs) for a shipping company based in Africa. The contract valued at $241.3 million is to be built...
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Samsung Gets $3.4b Contract For 15 LNG Carriers
February 7, 2024 No Responses

Samsung Gets $3.4b Contract For 15 LNG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has secured a contract to construct fifteen liquefied natural gas (LNG) carriers. The contract, worth $3.44 billion, is the largest single deal received by the shipbuilder, exceeding the...
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Firm Secures Contract For LNG Carriers Repairs, Upgrades
February 4, 2024 No Responses

Firm Secures Contract For LNG Carriers Repairs, Upgrades

Singapore’s Seatrium, previously known as Sembcorp Marine, has secured a favored customer contract (FCC) with Greek shipping company, TMS Cardiff Gas for the repairs and upgrades of LNG carriers. According to Seatrium, the partnership will focus on achieving...
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UBA Appoints Mulili, Samoura As MD/CEO In Kenya, Sierra Leone
February 3, 2024 No Responses

UBA Appoints Mulili, Samoura As MD/CEO In Kenya, Sierra Leone

United Bank for Africa (UBA) Plc has appointed Ms. Mary Mulili and Mr Mohamed Alhajie Samoura, as the new Managing Directors/Chief Executive Officers of its subsidiaries in Kenya and Sierra Leone respectively. Ms. Mulili’s appointment marks a signi...
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Burkina Faso, Mali, Niger Exit ECOWAS
January 29, 2024 No Responses

Burkina Faso, Mali, Niger Exit ECOWAS

The military Governments in Burkina Faso, Mali and Niger announced on Sunday immediate withdrawal from the Economic Community of West African States (ECOWAS).  In a joint statement, leaders of the three countries explained that it was a “sovereign...
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World’s Largest Cruise Ship Sets Sail From Miami
January 28, 2024 No Responses

World’s Largest Cruise Ship Sets Sail From Miami

The world’s largest cruise ship has set sail from Miami, Florida, on its maiden voyage, amid concerns about the vessel’s methane emissions. The 365m-long (1,197 ft) Icon of the Seas has 20 decks and can house a maximum of 7,600...
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