International Archives — Page 35 of 58

July 11, 2017 No Responses

India to construct LNG import terminal

India has taken a step toward increasing seaborne imports of liquefied natural gas (LNG) as the country held a ground breaking ceremony for the construction of an LNG terminal in Bhadrak. Officials informed that cargoes carried from the US, Canada...

July 11, 2017 No Responses

Porsche under investigation over alleged fraud

The Stuttgart prosecutor’s office said on Monday employees at German sports car maker Porsche AG and its U.S. subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions. The probe is the latest twist in...

July 10, 2017 No Responses

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...

July 9, 2017 No Responses

Abu Dhabi opens new seaport

Port developer and operator Abu Dhabi Ports officially inaugurated the new Delma Port, set to play an active role in promoting economic and social growth in the Al Dhafra region. Located on the eastern side of Delma Island, the new port...

July 8, 2017 No Responses

Audi manager comes under scrutiny over VW emission scandal

(BBC)-German authorities have arrested an Audi manager in connection with the Volkswagen diesel scandal. This is the first arrest in Germany related to Volkswagen’s emissions-test cheating scandal. Munich prosecutors declined to comment on whether the ar...

July 7, 2017 No Responses

Qatar to boost LNG exports

Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially in light of the ongoing dispute with its neighbors which could result in more economic sanctions against the country. On Tuesday, Qatar Petrol...

July 6, 2017 No Responses

Aisha Buhari at OAFLA, seeks better healthcare in Africa

Wife of the President, Mrs. Aisha Muhammadu Buhari has emphasized the need for governments in Africa to work together to facilitate private sector investment in health with a view to improve outcomes within the continent. She said due to...

July 5, 2017 No Responses

Frank Nneji, ABC Transport boss, gets West African tourism award

The Managing Director of ABC Transport, Frank Nneji, has won the Top 100 Tourism Personalities in West Africa Award and recognition. The winners were unveiled in Accra, Ghana, while the award was presented to him at ABC Transport’s Corporate...

July 5, 2017 No Responses

Rolls-Royce celebrates style, luxury at 2017 Festival

Still savouring increase in sales, Rolls-Royce has revealed its latest bespoke motor car, the Dawn Black Badge. It was unveiled at the 2017 Goodwood Festival of Speed. The annual event celebrates speed in all its glory, featuring historic motor...

July 4, 2017 No Responses

Osinbajo canvasses peace, security at AU Summit

Acting President, Prof Yemi Osinbajo, has challenged African leaders to affirm their readiness to tackle root causes of violence. In his address to African leaders in Addis Ababa, Ethiopia, at the 29th session of the African Union (AU) summit, Prof...

July 4, 2017 No Responses

Mercedes-Benz maintains lead over BMW

Mercedes-Benz held off BMW again last month to preserve its substantial midyear lead in U.S. luxury auto sales. BMW’s CEO isn’t ready to accept being relegated to the second position. Mercedes sold 28,994 cars and light trucks in the U.S....

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

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

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,...