Hyundai Targets 700 New Jobs With Expansion

Hyundai Targets 700 New Jobs With Expansion

Hyundai Motor India Limited (HMIL) has concluded plans to increase its passenger vehicle production capacity to eight lakh units from seven lakh at its Sriperumbudur factory, near Chennai.  According to Hyundai, the proposed capacity expansion is expected to generate 700...
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Drunk Pilot Arrested At Airport

Drunk Pilot Arrested At Airport

A Japanese pilot who was arrested at Heathrow Airport for being drunk has admitted being more than nine times the legal alcohol limit. Katsutoshi Jitsukawa, 42, who works for Japan Airlines, was arrested on 28 October after failing a breath...
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Nigeria’s School Feeding Programme  Gulps $183m

Nigeria’s School Feeding Programme Gulps $183m

By the end of 2018, with the number of new States in Nigeria joining the National Homegrown School Feeding Programme, it is set to become the largest school-feeding programme in Africa, Vice President Yemi Osinbajo has said.  The Vice President...
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World’s Largest LNG Bunker Supply Vessel Departs South Korea

World’s Largest LNG Bunker Supply Vessel Departs South Korea

The world’s largest LNG bunker supply vessel Kairos departed from the Hyundai Mipo Dockyard in Ulsan, South Korea, on October 17, heading for the ship’s primary area of operation in Northwest Europe. The ship, with an LNG capacity of 7,500...
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After 17hrs,52mins, World’s Longest Flight Lands In New York From Singapore

After 17hrs,52mins, World’s Longest Flight Lands In New York From Singapore

The world’s longest commercial flight landed in New York from Singapore on Friday, surpassing the previous record by 12 minutes. Singapore Airlines premiered the non-stop flight from Singapore to New York that covers 16,700 kilometres and lasted a whopping 1...
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Firm Seals $75.9m LNG Carriers Deal

Firm Seals $75.9m LNG Carriers Deal

Keppel Offshore & Marine (Keppel O&M) has signed two additional contracts with Stolt-Nielsen Limited, following the exercise of options to build two additional small-scale LNG carriers. The deal, signed through the companies’ subsidiaries Keppel Sin...
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Death In Indonesia Mishap Hits 844

Death In Indonesia Mishap Hits 844

The bodies of 34 Indonesian students have been found under a church which was buried by a mudslide after the quake in Palu, say aid workers. At least 844 people are confirmed to have died in the disaster, but the...
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Federation Of Exchanges Begins Annual Meeting At Athens

Federation Of Exchanges Begins Annual Meeting At Athens

The World Federation of Exchanges (WFE) on Monday rang the opening bell at the Athens Stock Exchange exchange to formally launch the WFE’s General Assembly & Annual Meeting (2-4 October, Athens).    ​Athens Stock Exchange is hosting the event, which....
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Shipowners Seek More Compliant Recycling Facilities

Shipowners Seek More Compliant Recycling Facilities

Worried that the current recycling capacity included on the EU list is not enough to meet the demands of the EU Ship Recycling Regulation, the European Community Shipowners’ Association (ECSA) is asking for more capacity to be added to the...
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ILO Boss Lauds G20 Commitment On Future Of Work

ILO Boss Lauds G20 Commitment On Future Of Work

ILO Director-General, Guy Ryder, has welcomed the commitment by G20 Labour and Employment Ministers, to promote decent work for an inclusive future.  “I particularly welcome the emphasis on efforts to shape an equitable and inclusive Future of Work , one t...
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Capes To Install Scrubbers

Capes To Install Scrubbers

The exhaust gas cleaning system or the scrubber has been the buzzword for the industry ahead of the approaching 2020 sulphur cap. Industry opinions vary on whether to proceed with the installation of scrubbers or pursue other options like marine...
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Chinese Oil Firm Guarantees Funding For NNPC’s Project As Buhari Attends FOCAC Business Summit

Chinese Oil Firm Guarantees Funding For NNPC’s Project As Buhari Attends FOCAC Business Summit

China National Petroleum Corporation (CNPC) has assured the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, of its unflinching commitment towards securing funding for the successful financing and subsequent exe...
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Buhari To Sign $328m ICT Agreement In China

Buhari To Sign $328m ICT Agreement In China

President Muhammadu Buhari arrived Beijing Saturday to attend the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) holding September 3 – 4, 2018. During the 6-day official visit of the Nigerian President, he is expected to join his Chinese...
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Missing Child At Christ Embassy: Edo Evacuates Children From Orphanage

Missing Child At Christ Embassy: Edo Evacuates Children From Orphanage

The Edo State Government has evacuated 15 children from God’s Own Orphanage, in Benin City, pending conclusion of ongoing investigation of the case of a child that was allegedly stolen at Christ Embassy, Oregun, Lagos and found at the orphanage...
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