International Archives — Page 18 of 59

April 25, 2018 No Responses

Improve Health, Safety Operations, ITF Urges Hutchison Ports

The International Transport Workers’ Federation (ITF) has urged Hutchison Ports to address health and safety incidents across their global operations, after a dockworker suffered multiple injuries in a fall at the company’s Port Botany terminal. The ITF’s Executive Board met in London on...

April 22, 2018 No Responses

Eximbank Pledges $700m For Shipping

The Export–Import Bank of Korea (KEXIM) has committed to provide the country’s shipping industry with KRW 800 billion ( approximately USD 750 million) worth of loans and guarantees this year. The loans will be provided to shipping companies for buying...

April 20, 2018 No Responses

DMO Photo News

L-R: Director of Portfolio Management Department, Debt Management Office (DMO), Oladele Afolabi; Representative of the Minister of Finance and Director-General of DMO, Patience Oniha; Managing Director of Fitch Ratings Agency, Edward Parker, and Fitch Ratings ...

April 19, 2018 2 Responses

Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

President Muhammadu Buhari has identified Trade and Investment Facilitation as key to sustainable development and ease of doing business and regional integration among Commonwealth countries. He also cited expanded markets with safeguards against injurious tra...

April 18, 2018 No Responses

Elumelu, Kim, Weiner To Open Forum On Digital Economy for Africa

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C...

April 15, 2018 No Responses

IMO Members Agree on 50 % Emissions Cut

Countries attending the International Maritime Organization (IMO) meeting in London agreed to require the shipping sector to reduce its emissions by at least 50 pct by 2050 compared to 2008. “Today’s commitment by governments to require international shipp...

April 14, 2018 No Responses

VW Removes CEO, Unveils Restructuring Agenda

Volkswagen Group has removed Matthias Müller and replaced him with Herbert Diess as Chief Executive Officer. Previously CEO of the Volkswagen brand within the larger 12-brand corporation. According to the company, the move is part of an effort to...

April 14, 2018 No Responses

NIMASA Signs MoU With World Maritime University On Capacity Building

The Nigerian Maritime Administration and safety Agency, NIMASA, has signed a Memorandum of Understanding (MoU) with the World Maritime University, Malmo Sweden to develop human capacity for the Nigerian maritime sector. Speaking shortly after the signing of...

April 12, 2018 No Responses

Tony Elumelu, UBA Chairman To Tour East Africa On Entrepreneurship, Infrastructure

Foremost Entrepreneur and philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda. In his capacity as Chairman of United Bank for Africa (UBA), Mr....

April 10, 2018 No Responses

Growing US Imports Threatened by Developing Trade War

Imports at major retail container ports in the US are expected to grow 5.8 percent in April, but could be threatened by a developing trade war between the US and China, the National Retail Federation said. “Tariffs are a tax on...

April 10, 2018 No Responses

Lufthansa Cancels 800 Flights Amid Strike

Lufthansa has been forced to cancel 800 flights on Tuesday as the spring of discontent among Europe’s workers spreads to Germany. The airline has axed half of its 1,600 scheduled flights, affecting 90,000 passengers. Workers are staging the walkout ahead...

April 5, 2018 No Responses

Hyundai New-Generation Accent Debuts In Africa, Middle East

Described as a high proposition for buyers, Hyundai has officially launched the fifth generation Accent in Africa and Middle East markets. Highlights of the new model include a completely new exterior design and comfortable high-tech interior. More eff...

April 3, 2018 No Responses

First LNG Cargo From United States Arrives In Indian

India has received its first LNG cargo from the United States, gas utility company GAIL said. The Denmark-flagged Meridian Spirit carrying 120,000 tons of cargo docked at Dabhol on March 30, 2018. GAIL hired the ship in September 2017 to...

April 1, 2018 No Responses

Airline Ends Skirts-Only Rule For Female Staff

Female cabin crew at Cathay Pacific have won a battle to scrap a rule forcing them to wear skirts. The Hong Kong airline has agreed flight attendants can choose to wear trousers, after intense union pressure. Some crew had complained...