International – Page 21 – City Business News

February 21, 2018 No Responses

‘Maersk, Nine Other Shipping Lines Control 90 Per Cent Of Deep Sea Market’

More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines operating fully cellular containerships, which is less than 7 pct of the total lines, according to the data from MDS Transmodal....

February 18, 2018 No Responses

China pledges to strengthen bilateral relationships with Nigeria

Mr Li Xuda, the Cultural Counselor, the Chinese Embassy in Nigeria says the 2018 China New Year celebration is dedicated to strengthening bilateral relationships with Nigeria. Xuda spoke with the News Agency of Nigeria on Saturday in Abuja on the...

February 16, 2018 No Responses

SEC Stops Stock Exchange Sale to Investors

United States regulators killed politically-sensitive-sale of Chicago Stock Exchange to China-based investors. It said lack-of-information on the would-be-buyers threatened proper-monitor of the exchange after the deal, Media reports on Friday. The move by ...

February 12, 2018 No Responses

NLNG Boss Seeks More Support for Nigeria’s Gas Potentials

The Managing Director of Nigeria LNG Limited (NLNG), Tony Attah, at the 2nd West Africa International Petroleum Exhibition and Conference (WAIPEC) in Lagos, said Nigeria must unleash its gas potentials, and support NLNG’s expansion programme, Train 7 project...

February 6, 2018 No Responses

NPA to sanction terminal operators over huge debt

The Nigerian Ports Authority (NPA) is to withdraw its services from some terminal operators over unspecified huge debt. Reviewing NPA’s 2017 activities, Managing Director, Hadiza Bala Usman said efforts are ongoing to compel the terminal operators to sett...

January 29, 2018 No Responses

Shakira makes history, wins Best Latin Pop Album twice

Pop singer, Shakira marked an historical feat at the Grammys on Sunday, when she became the first artist to win Best Latin Pop Album twice. The Columbian native won the award category for her album ‘Eldorado’ following her 2001 win...

January 29, 2018 No Responses

China unveils ‘Polar Silk Road’ ambitions in white paper

China wants to extend its Belt and Road Initiative to the Arctic region, according to the country’s first white paper on its Arctic policy unveiled on Friday, January 25. Even though China isn’t an Arctic country it believes it is an...

January 28, 2018 No Responses

CMA CGM Takes Delivery of Its Largest Boxship

French container shipping giant CMA CGM has taken delivery of CMA CGM Antoine de Saint Exupery, a 20,600 TEU containership, from Hanjin Heavy Industries and Construction – Philippines (HHIC-Phil) shipyard. The delivery ceremony for the ultra large contain...

January 23, 2018 No Responses

Shanghai Dingheng Shipping Unveils Agenda to Build 100 Ships

Chinese tanker owner Shanghai Dingheng Shipping has inked a strategic cooperation agreement with local shipbuilders and steel and equipment manufacturers for its plan of constructing 100 ships in the next ten to twenty years. The company’s parent Dinghen...

January 20, 2018 No Responses

Audi delivers 1.8m vehicles in 2017

For the year 2017, Audi AG increased its global sales for the eighth year in a row. Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of...

January 19, 2018 No Responses

Agency probes Apple, Samsung

Italy’s competition authority is looking into charges that Apple and Samsung are surreptitiously slowing down old phones to push consumers into buying new products. Consumer groups across the world have accused the two tech giants of so-called planned obsole...

January 19, 2018 No Responses

WFE unveils best practice guidelines for cyber security compliance

The World Federation of Exchanges (WFE) on Thursday published a set of best practice guidelines for market infrastructures designed to engender a staff culture of cyber security compliance. The paper takes a behavioural approach to the issue, as evidence.....

January 14, 2018 one Response

Singapore seeks global maritime hub with $3.4b agenda

Singapore has unveiled a new plan, the Sea Transport Industry Transformation Map (ITM), in an aim to grow the industry’s value-add by SGD 4.5 billion (USD 3.4 billion) by 2025. Specific initiatives have been laid out under the Sea Transport ITM,...

January 13, 2018 No Responses

Audi reports 1.9m sales in 2017

AUDI AG has increased its global sales for the eighth year in a row. Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of 0.6 percent. The...