First LNG Cargo From United States Arrives In Indian

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...
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Airline Ends Skirts-Only Rule For Female Staff

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...
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UBA London Subsidiary  Gets Regulatory Approval

UBA London Subsidiary Gets Regulatory Approval

Foremost financial institution, United Bank for Africa (UBA Plc) on Tuesday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom.  The approval licence was granted to the lender ...
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COSCO  Names Another 20,000 TEU Boxship

COSCO Names Another 20,000 TEU Boxship

China’s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild.  The naming ceremony for the giant boxship was held in Nantong on March 22, 2018. Built by Nantong COSCO KHI Ship Engineering (NACKS), COSCO Shipping Leo is...
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37 Dead, 64 Missing In Shopping Mall Inferno

37 Dead, 64 Missing In Shopping Mall Inferno

At least 37 people are confirmed to have died in a fire that tore through a shopping centre in the Siberian coal-mining city of Kemerovo. At least 64 people are missing, including 41 children, and parts of the building are...
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Trade War Looms As Trump Announces Tariffs on Chinese imports

Trade War Looms As Trump Announces Tariffs on Chinese imports

The US plans to impose tariffs on up to $60bn (£42.5bn) in Chinese imports and limit the country’s investment in the US in retaliation for years of alleged intellectual property theft. The White House said the actions were necessary to...
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Initiative For Climate-Smart Shipping Debuts

Initiative For Climate-Smart Shipping Debuts

Electromobility for Shipping is the name of a new collaboration between six actors with the aim to increase the electrification of shipping. Swedish ferry company Stena AB, the Swedish Shipowners’ Association, ABB Sweden AB, ABB Marine Oy, research institut...
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BMW Targets Pre Tax Profit of 10B Euros In 2018, Sets Aside 7B Euros For Electric, Autonomous Cars

BMW Targets Pre Tax Profit of 10B Euros In 2018, Sets Aside 7B Euros For Electric, Autonomous Cars

BMW will increase research and development spending to an all-time high of up to 7 billion euros ($8.6 billion) this year as part of efforts to bring 25 electrified models to market by 2025   BMW said that despite higher...
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Pirelli Records Fresh Innovation In Tire Technology

Pirelli Records Fresh Innovation In Tire Technology

Pirelli has recorded fresh breakthrough in tire technology.  It’s called Cyber Car and it’s a tire that connects the rubber with the car and provides loads of information and data.  Under the arrangement, the tire can relay information such as...
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Octopus: Heritage Bank Attains ISO 27001 Information Security Management Certification

Octopus: Heritage Bank Attains ISO 27001 Information Security Management Certification

Heritage Bank Plc  has achieved the Information Security Management Certification from International Standards Organisation (ISO). This certification also known as the ISO 27001: 2013 is part of the ISO 27000 family of standards which helps organisations keep...
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23 UK Diplomats Expelled From Moscow

23 UK Diplomats Expelled From Moscow

Russia is to expel 23 British diplomats in a row over the nerve agent attack on an-ex spy and his daughter in the UK. The Russian foreign ministry said the UK staff would be expelled from Moscow within a week...
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Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Oil Tanker Company (KOTC) has signed  a financing deal with a syndicate of banks worth around USD 467 million (KD 140 million). The financing will be provided by Warba Bank, Ahli United Bank and Kuwait International. The ten-year financing...
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Nissan Appoints Munoz, Ex-U.S Chief To Lead China Expansion

Nissan Appoints Munoz, Ex-U.S Chief To Lead China Expansion

Nissan Motor Company  on Wednesday said Chief Performance Officer and former U.S. chief Jose Munoz would become head of its China operations, leading the Japanese automaker’s ambitious expansion in the world’s largest auto market. The Japanese aut...
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Weststar Joins Firefighting Truck Segment, Unveils Atego 1725

Weststar Joins Firefighting Truck Segment, Unveils Atego 1725

The Commercial Vehicles Department of Weststar Associates Limited, Authorised General Distributor of Mercedes-Benz in Nigeria has unveiled its first unit of the new Atego 1725 firefighting truck for the year 2018 to support firefighting operations in Nigeria. ...
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