Author name: Alison Godswill

Container ship suffers water ingress, listed, taken to port in China

Container ship suffers water ingress, listed, taken to a port in China

Container ship suffers water ingress, listed, taken to a port in China   Container ship HUA MAO 369 issued distress signal on Jan 2 off Xiamen, while en route from Zhuhai to Shanghai, according to FleetMon. It stated: “The ship suffered water ingress in cargo hold, developing list. Xiamen port authorities managed to take HUA […]

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OPEC, WAM sign deal on 8th OPEC International Seminar in Vienna

Oil price rises to $53 per barrel on OPEC, non-OPEC meeting

Oil price rises to $53 per barrel on OPEC, non-OPEC meeting   Oil prices have risen in the global oil market following the successful ending of the 13th Organisation of Petroleum Exporting Countries, OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 5 January 2021. For instance, the price of Brent rose

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JUST IN: OPEC+ raises Nigeria’s quota to 1.830 million bpd

13th OPEC and non-OPEC Ministerial Meeting concludes

13th OPEC and non-OPEC Ministerial Meeting concludes   The 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, has ended with many decisions targeted at making positive impact on the volatile oil market. In a statement obtained by The Daily, www.thedaily-ng.com, OPEC stated: “The Meeting, which reconvened following an initial round of discussions on 4

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Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery

Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery

Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and

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Arab Investment Bank selects Temenos to drive digital growth, financial inclusion

Temenos Infinity accelerates time-to-market for new products and deliver a seamless, multi-experience digital journey for its customers Arab Investment Bank selects Temenos Infinity to offer differentiated digital customer experience and grow digital customer base; Temenos Infinity enables Arab Investment Bank to bring new products to market faster, accelerate digital customer onboarding and increase front office

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SERAP sues Akpabio, Abass over ‘plan to spend N110bn on bulletproof cars, others’

SERAP drags FG to UN over arbitrary detention, torture of Sowore, others

SERAP drags FG to UN over arbitrary detention, torture of Sowore, others   Socio-Economic Rights and Accountability Project (SERAP) has sent “an urgent complaint to the United Nations Working Group on Arbitrary Detention over the arbitrary detention, torture, and other ill-treatment of journalist Omoyele Sowore and four other activists simply for peacefully exercising their human rights.”

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CCOVID-19: Confirmed cases rise to 205, 484 in Nigeria

COVID-19: Confirmed cases rise to 91,351 in Nigeria

COVID-19: Confirmed cases rise to 91,351 in Nigeria   The confirmed Coronavirus pandemic cases in Nigeria have risen to 91,351, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 4th of January 2021, 1204 new confirmed cases and 7 deaths were recorded in Nigeria. Till date, 91351 cases have been confirmed,

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container ship was attacked at 0045 UTC Jan 4 at Pointe-Noire anchorage, Republic of Congo,

Container ship suffers attack in Republic of Congo

Container ship suffers attack in the Republic of Congo   Cargo ship was attacked at 0045 UTC Jan 4 at Pointe-Noire anchorage, Republic of Congo, according to FleetMon. It stated: “According to attack coordinates and ships’ positions, container ship NILEDUTCH BREDA (IMO 9612765, dwt 47200, capacity 3510 TEU) seems to be the ship which was

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How Iran seized Chemical tanker HANKUK CHEMI over ‘environment protection violations’

How Iran seized Chemical tanker HANKUK CHEMI over ‘environment protection violations’

How Iran seized Chemical tanker HANKUK CHEMI over ‘environment protection violations’   Chemical tanker HANKUK CHEMI, reportedly loaded with ethanol, on Jan 4, 2020 was seized by Iranian military in Strait of Hormuz, and taken to Bandar Abbas waters, Iran, under the pretext of “environment protection” violations, according to FleetMon. It stated: “As it later

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