Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization 

Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization 

Foremost Container shipping heavyweight, A.P. Moller – Maersk has reported exceptional financial results for the year 2022.  Despite the abnormal market conditions caused by the COVID-19 pandemic, the company reported solid performance across all its businesses, resulting in the best...
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Buhari Bids UN General Assembly Farewell As Nigeria’s Leader

Buhari Bids UN General Assembly Farewell As Nigeria’s Leader

President Muhammadu Buhari addressed the UN General Assembly on Wednesday for the last time as Nigeria’s leader. In his farewell speech, he told the global body that his administration was determined to entrench a process of free, fair, transparent and...
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Côte d’Ivoire Terminal Receives Electric Cranes

Côte d’Ivoire Terminal Receives Electric Cranes

Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal and APM Terminal’s joint venture facility, has received its final equipment before the terminal goes live in November 2022. Namely, the new zero-emissions terminal has just received ...
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Toyota Suspends Operations At Sichuan Plant

Toyota Suspends Operations At Sichuan Plant

Toyota Motor Corp has suspended operations at its plant in China’s Sichuan province after local authorities issued an order to conserve electricity. Toyota’s joint venture plant in the city of Chengdu has ceased operations until Saturday, a company spokesp...
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Germany Unveils Bill To Accelerate The Use Of LNG

Germany Unveils Bill To Accelerate The Use Of LNG

Germany’s government has taken another important step to reduce dependence on Russian energy imports by agreeing on a formulation of the draft law on the acceleration of the use of LNG.    The Federal Ministry of Economics and Climate Protection...
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Maersk Supply Service To Recycle Three Vessels  

Maersk Supply Service To Recycle Three Vessels  

Denmark-headquartered Maersk Supply Service, a provider of offshore marine services and integrated solutions for the energy sector, has arranged to recycle three of its vessels at a yard in Grenaa, as part of its strategy to optimise its fleet portfolio...
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U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills

U.S. firm To Train 50,000 Nigerian Youths On Competitive Skills

AUnited States-Nigerian Technology Company, WRKR Technology Inc., has promised to train 50,000 Nigerians on its skills that would make them globally competitive for employment opportunities.   WRKR is a technology company that unlocks access to work opportuni...
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France LNG Shipping Secures LNGC Charter Deal With EDF

France LNG Shipping Secures LNGC Charter Deal With EDF

French ship-owning company, France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. According to World Maritime News,  South Korean shipyard, Hyundai Samho...
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Seaport Offers Incentives To Reduce Vessel Emissions

Seaport Offers Incentives To Reduce Vessel Emissions

To reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI). The HPA joined t...
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Indians In Nigeria Commemorate Country’s 75th Independence  

Indians In Nigeria Commemorate Country’s 75th Independence  

No fewer than 400 Indians in Nigeria on Monday engaged in different forms of physical exercise like yoga, aerobics, dance, running and cultural performance to commemorate India’s 75 years of independence. The programme tagged, “Run 4 Unity”, held at the....
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GSK Rejects $65b Unilever Bid For Consumer Goods Division

GSK Rejects $65b Unilever Bid For Consumer Goods Division

GlaxoSmithKline has rejected three Unilever offers to buy its consumer goods division, including one worth £50b ($65b). GSK said the proposals “fundamentally failed” to reflect the value of the division.  With a successful bid, Unilever &#821...
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US Sues Uber For Overcharging Disabled People

US Sues Uber For Overcharging Disabled People

The US Justice Department (DoJ) is suing ride-hailing app Uber over allegations it has been overcharging disabled people. The DoJ claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to ...
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Afghan Footballer Falls To Death From US Plane

Afghan Footballer Falls To Death From US Plane

Afghan authorities have confirmed that a young footballer fell to his death after trying to stow away on a US military plane leaving Kabul airport. Zaki Anwari, 19, had played for Afghanistan’s national youth team.  Further details of when he...
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India Attributes 3,564 Accidents In 2020 To Potholes

India Attributes 3,564 Accidents In 2020 To Potholes

Not less than 3,564 road accidents occurred in India due to potholes in 2020. The figure is the lowest in the last five years, Parliament was informed on Monday.    In a written reply, Minister of Road Transport and...
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