WFE releases third annual sustainability survey

WFE releases third annual sustainability survey

The World Federation of Exchanges (WFE) has released its annual global Environment, Social and Governance (ESG) survey. Now in its third year, the survey aims to capture the nature and extent of WFE engagement with ESG issues, and how this...
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World’s 1st Ship tunnel step closer to construction

World’s 1st Ship tunnel step closer to construction

Norway’s Stad Ship Tunnel project, also known as the world’s first full-scale ship tunnel, is moving toward construction process. Already, about $173million has been earmarked for the project in the first half of the planning period (2018 – 2029).  Th...
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‘How criminal gangs use UK ports to defraud EU customs’

‘How criminal gangs use UK ports to defraud EU customs’

By Andrew Hosken (BBC) Systematic failures by UK customs officials have allowed criminal gangs to defraud the European Union of at least £2bn in just four years plus billions more in lost VAT, the EU anti-fraud office OLAF has claimed....
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African envoys: India attacks on Nigerians ‘racial’

African envoys: India attacks on Nigerians ‘racial’

(BBC)—Envoys from African nations in the Indian capital, Delhi, have condemned the handling of recent attacks on Nigerian students in the city. In a statement, the African Heads of Mission said the attacks were “xenophobic and racial”. Indian...
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Audi unveils race car liveries for 2017 season

Audi unveils race car liveries for 2017 season

About a month before the DTM season opens, Audi is presenting the liveries of the six Audi RS 5 DTM cars. The engineers at the Audi motorsport department prepared the race cars in the past two weeks together with the...
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No dividend for shareholders as COSCO Shipping posts 1.4b loss in 2016

No dividend for shareholders as COSCO Shipping posts 1.4b loss in 2016

Shanghai-listed COSCO Shipping Holdings Company, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), has reported a loss of $1.4 billion in its annual report for 2016. As a result the company proposed that no dividend is distributed this...
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EU Ministers adopts transport declaration

EU Ministers adopts transport declaration

European Transport Ministers have adopted a ministerial declaration on maritime transport, the European Community Shipowners’ Association (ECSA) informed.  The so-called ‘Valletta Declaration’ outlines priorities for the EU’s maritime transport policy...
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Nigeria to showcase maritime potential in Norway

Nigeria to showcase maritime potential in Norway

As part of measures to attract foreign investors to tap into opportunities that abound in the Nigerian maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) would be showcasing the potentials of the Nigerian Maritime Sector at the ...
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Fifa bans Ghanaian referee for life over  ‘match manipulation’

Fifa bans Ghanaian referee for life over ‘match manipulation’

Citing match manipulation, fifa has banned Ghanaian referee Joseph Lamptey for life The ban is based on a results from a penalty he awarded to South Africa in a 2-1 win over Senegal in a 2018 World Cup qualifier in...
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G20 finance ministers drop anti-protectionist pledge

G20 finance ministers drop anti-protectionist pledge

(BBC)-Finance ministers from world’s biggest economies have dropped an anti-protectionist commitment after opposition from the US. G20 ministers left the two-day meeting without renewing their long-standing pledge to bolster free trade. Last year, the gr...
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VW executive to remain in U.S. custody until trial next year

VW executive to remain in U.S. custody until trial next year

Auto News— Oliver Schmidt, the Volkswagen executive incarcerated since January when he tried to return to his native Germany after a Florida vacation, will remain in custody until his trial early next year for 11 felonies tied to the company’s...
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Firm unveils $500M Oil exploration campaign

Firm unveils $500M Oil exploration campaign

Oranto Petroleum is to invest $500 million to develop South Sudan’s Block B3, indicating a comprehensive exploration campaign. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the...
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Fero Mobile unveils brand, two new devices in Nigeria

Fero Mobile unveils brand, two new devices in Nigeria

Fero Mobile, the newest entrant into the Nigerian mobile phone market has unveiled  two new smart devices in Lagos. The devices are the Iris smart phone and the Royal A1 smart phone. The ‘EYE-conic’ IRIS smart phone comes with an...
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Geely to unveil first Lynk model at Shanghai auto show

Geely to unveil first Lynk model at Shanghai auto show

China’s Zhejiang Geely Holding Group will showcase its first model for Lynk & CO — the 01 compact crossover — at the Shanghai auto show in April, the Nikkei Asian Review reported, citing a company executive. The car will go...
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