Information Archives — Page 456 of 509

July 4, 2017 No Responses

CMA CGM to sell majority stake in GGS terminal

French shipping major CMA CGM has signed a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA). Under the agreement signed with EQT Infrastructure III and its partner P5 Infrastructure on July...

July 3, 2017 No Responses

Total secures 50.1 % stake in $5b gas deal with Iran

Total is to sign $5billion gas deal with Iran on Monday to develop an offshore gas field in the Gulf. According to the BBC, It is the biggest foreign deal since most economic sanctions against the country were lifted in...

July 3, 2017 No Responses

‘NIMASA is working with agencies to ensure academic activities at maritime varsity commence next session’

July 3, 2017 No Responses

FRSC records 32 per cent decrease in death

Data gathered from the just concluded June 2017 Eid El Fitri Special Patrol by the Federal Road Safety Corps (FRSC) has revealed significant decrease in road accidents fatality rates when compared to the year 2016 Eid El Fitri. According...

July 3, 2017 No Responses

Gulf of Guinea Piracy Raises Concerns among EU Shipowners

Continued piracy, armed robbery attacks and kidnapping for ransom events in the Gulf of Guinea (GoG), and particularly off Nigeria, are still worrying European shipowners. According to the latest International Maritime Bureau (IMB) Piracy report in total 33 v...

July 3, 2017 No Responses

Aisha Buhari returns to London

Wife of the President, Mrs. Aisha Muhammadu Buhari left for London, United Kingdom on Sunday, July 2, 2017, to visit her husband who is on medical vacation. She will convey to the President the best wishes of Nigerians and their...

July 3, 2017 No Responses

Gulf States give Qatar 48-hour extension

(BBC) Saudi Arabia and three other Arab states have extended the deadline for Qatar to accept a list of demands or face further sanctions by 48 hours. The initial deadline for Qatar to agree to the group’s 13 demands,...

July 2, 2017 No Responses

Migrant Crisis: UN seeks more support for Italy

Italy needs more support as it deals with large numbers of migrants crossing the Mediterranean from Africa, the UN’s refugee agency has said. “What is happening in front of our eyes in Italy is an unfolding tragedy,” Filippo Grandi said....

July 2, 2017 No Responses

NSE Photo News

L-R: Bola Adeeko, Ag. CEO, Central Securities Clearing System (CSCS); Plc, Aigboje Aig–Imoukhuede, CON, President, The Nigerian Stock Exchange (NSE); Oscar N. Onyema, OON, Chief Executive Officer, NSE; Haruna Jalo-Waziri, Executive Director, Capital Mark...

July 2, 2017 No Responses

Ogbeh: No need to panic over non-availability of yams for Nigerians

There is no need to panic about the non-availability of yams for Nigerians to consume. There has never been shortage of yams in Nigeria. Over 30% of the yams we produce in Nigeria rot away. Export therefore provides opportunities to...

July 1, 2017 No Responses

BMW unfolds $600m expansion agenda

BMW is to invest an additional $600 million to expand its South Carolina plant. The expansion is scheduled to create 1000 new jobs over the next four years. The Chief Executive Officer, Harald Krueger’s announcement coincided with the German...

July 1, 2017 No Responses

Mazda recalls 227,814 vehicles

(Auto News) Mazda North America is recalling 227,814 Mazda3 and Mazda6 vehicles in the U.S. because parking brakes may drag when driving or slip when cars are parked on a slope, increasing the chance of a crash. The recall includes...

July 1, 2017 No Responses

How to attain 24-hour port operations in Nigeria, by Afolabi, Sifax Boss

To achieve 24 hour port operations inline with the Ease of Doing Business Executive Order recently signed by Nigeria’s Acting President, Prof. Yemi Osinbajo, the scanners at the nation’s ports must be kept functional. According to Dr. Taiwo Afolabi, Gr...

July 1, 2017 No Responses

NIMASA to Shipowners: Give preference to Nigerian seafarers

In commemorating this year’s Day of the Seafarers with the theme; “Seafarers Matter”, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has assured Seafarers that their welfare is critical to th...