News update Archives — Page 2 of 2

June 6, 2019 No Responses

Michelin Unveils Airless Tyre

French tyre major Michelin along with General Motors have unveiled an airless tyre prototype for passenger vehicles, which could hit the markets as early as 2024. According to the firms, the Uptis Prototype is airless and thus eliminates the risk of flat tyres and blowouts. As part of...

March 31, 2019 No Responses

Photo News

L-R: President, Signis Nigeria, Lagos Archdiocese, Lady Neta Nwosu; Chairman, Lumen Christi Television, Prince Soji Olagunju; Catholic Archbishop of the Metropolitan See of Lagos, Lagos, His Grace, Most Rev. (Dr.) Alfred Adewale Martins; Priest in ...

January 2, 2019 No Responses

Photo News

Recipient of Baby of the Year award for 2019, at Nyanya General Hospital, Baby Dominion Ameh. Representative of Her Excellency, wife of the President, Dr. Mrs. Aisha Muhammadu Buhari, Dr. Hajo Sani, cuddling Baby Dominion Ameh, flanked on the right ...

January 2, 2019 No Responses

Five Years of Spreading Luck – Everyone Needs a Little Help

In business the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work...

December 27, 2018 No Responses

Firm Faces $9.6m Fine Over Subcontracting Practices

Citing unlawful subcontracting practices, the South Korean Fair Trade Commission has fined Daewoo Shipbuilding & Marine Engineering (DSME) $9.6 million. According to investigators, from 2013 to 2016, DSME appointed 27 subcontractor...

December 27, 2018 No Responses

SEC Nigeria Pledges To Tackle Identity Theft In Capital Market

The Securities and Exchange Commission, SEC, has urged shareholders to monitor their investments in the capital market, assuring that the Apex Regulator will live up to its responsibilities on investor protection. Acting Director General of the SEC...

December 27, 2018 No Responses

World’s Largest FLNG Facility Begins Production

Royal Dutch Shell’s Prelude FLNG facility, the world’s largest floating liquefied gas facility, has commenced production offshore Western Australia. “Today the wells have been opened at the Prelude FLNG facility and the initial phase of production has co...

December 26, 2018 No Responses

2018 Tanker Deliveries May Slip Into 2019

2018 has been a challenging year for tankers with rates bottoming out in the third quarter of the year, and finally ushering in a long-anticipated market recovery. Due to weak industry returns and attractive scrap prices, owners provided some relief...

December 17, 2018 No Responses

Malaysia Airlines Explains ‘challenging’ Q3, To Receive 10 Boeing 737 MAX 8 Aircraft In 2020

Malaysia Airlines has described third quarter of 2018 as “challenging”, reporting “stiff competition, rising fuel prices and adverse foreign exchange movements, further exacerbated by crew shortages”. Meanwhile, the Airline is to receive 10 Boeing 737 ...

December 11, 2018 No Responses

COSCO, Abu Dhabi Ports Open New Terminal

COSCO Shipping Ports and Abu Dhabi Ports on Monday inaugurated CSP Abu Dhabi Terminal at Khalifa Port, adding Abu Dhabi as the regional hub for COSCO’s global network of 36 ports as part of China’s Belt and Road Initiative. This...