Transport Archives — Page 37 of 49

April 12, 2017 No Responses

Minister explains N243.7b capital project for land transport, maritime, aviation in 2017

Barring any further adjustment, the Federal Ministry of Transportation, comprising of Land Transport, Maritime and Aviation is to execute N243,746,507,321.00 capital project in 2017. In 2016, the total Capital budget of the Ministry was N171,652,299,451.00 out of whichN42,000,000,000.00 was released...

April 12, 2017 No Responses

Truck Masters: We handle auto maintenance, training of drivers for firms

The major focus of Truck Masters is to provide quality after-sales services on a multi-brand basis through well-equipped workshop for passenger and commercial vehicles, Executive Director, Dr. Oseme Oigiagbe has said. Speaking at a special training for motorin...

April 11, 2017 No Responses

FRSC earmarks N1.2B for new vehicles, fuel, research, others in 2017

The Federal Road Safety Corps (FRSC) is to intensify its patrol and other activities in 2017 as part of measures to curtail road accident across the country. In 2016, according to the National Bureau of Statistics (NBS), Nigeria recorded not...

April 11, 2017 No Responses

Hyundai explains savings bonanza

Hyundai Motors Nigeria Limited (HMNL) has announced a starting price offer of NGN2,695,000 for prospecting customers seeking to buy Hyundai cars in the company’s periodic sales campaign, ‘Hyundai Grand Savings Bonanza.’ Announcing the offer in Lagos, HMN...

April 8, 2017 No Responses

Hyundai, Kia to recall 1.5 million vehicles over premature engine wear

Hyundai Motor Company and Kia Motors Corporation plan recalls to inspect and, if necessary, replace four-cylinder engine assemblies in as many as 1.2 million U.S. vehicles, the South Korean companies said Friday. Manufacturing errors in Hyundai’s 2.0- an...

April 7, 2017 No Responses

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...

April 6, 2017 No Responses

Weststar unveils all-new Mercedes-Benz Accelo

Weststar Associates Limited, Authorized General Distributors of Mercedes-Benz commercial and passenger vehicles in Nigeria has unveiled new medium duty truck for city and short distance operations. According to the company, the all-new Accelo 915C is the first...

April 3, 2017 No Responses

Ford recalls 52,000 pick-up trucks

Ford is recalling 52,000 F-250 pick-up trucks over a fault which can cause the vehicle to roll while the automatic transmission lever is in park position. In a statement, the company advised users of the 2017 vehicles, sold in the...

April 2, 2017 No Responses

MASSILIA Motors begins free Diagnosis on Mitsubishi Vehicles

Sole distributor of Mitsubishi vehicles in Nigeria, Massilia Motors Limited, has announced a free one week diagnosis for all Mitsubishi vehicles beginning from Monday, April 3 to Friday April 7, in Lagos. Massilia Motors which was recently unveiled as a...

April 1, 2017 No Responses

VW settles 10 U.S. state diesel claims for $157 million

By David Shepardson, Reuters – Volkswagen AG has agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the world’s largest automaker looks to move past the scandal. The settlement co...

April 1, 2017 No Responses

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...

March 31, 2017 No Responses

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...

March 31, 2017 No Responses

Abuja Airport Runway Now 57.5% Completed, says Minister

The reconstruction of the runway of the Nnamdi Azikiwe International Airport, Abuja, has reached 57.5% completion, mid-way into the six weeks earmarked for the project, the Minister of State for Aviation, Senator Hadi Sirika, disclosed in Abuja on Thursday. ...

March 31, 2017 No Responses

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...