How MSC container ship runs aground in Livorno Container ship MSC ANIELLO has run aground at Livorno entrance while entering the port on arrival from Genoa, at around 0800 UTC Feb 6, 2021, according to FleetMon. It stated: “For a reason yet unknown, the ship strayed off the fairway and headed straight for breakwater near the
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By Eyo Nsima The International Energy Agency, IEA has predicted that oil market recovery will become more visible in the second half of 2021. In its latest report obtained by The Daily, www.thedaily-ng.com, IEA stated: “Global oil demand is expected to recover by 5.5 mb/d to 96.6 mb/d in 2021, following an unprecedented collapse of
OIL MARKET: Expect recovery in the second half of 2021 — IEA Read More »
At last, the United States has endorsed Dr. Ngozi Okonjo-Iweala as a candidate for the post of Director General of the World Trade Organization (WTO) following the withdrawal of South Korea’s Trade Minister Yoo Myung-hee. In a statement from the Office of the United States Trade Representative sighted by The Daily, www.thedaily-ng.com, the nation stated:
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By Eyo Nsima The price of Nigeria’s Bonny Light has risen to $58.93 per barrel in the international oil market, thus increasing hope for the execution of the nation’s 2021 budget. The budget was benchmarked on $40 per barrel, and 1.8 million barrels per day, mb/d. The prices of other crudes, including Brent, OPEC Basket
The South Korean Trade Minister, Yoo Myung-hee, has withdrawn from the World Trade Organisation, WTO race. The battle to become the next Director General of the World Trade Organization (WTO) was highly contested by Nigeria’s Ngozi Okonjo-Iweala and the South Korean Trade Minister, Yoo Myung-hee. This means that Okonjo-Iweala now remains the only candidate for
WTO RACE: Korean candidate quits, leaving Nigeria’s Okonjo-Iweala as last woman standing Read More »
By Eyo Nsima The Centre for Climate Change and Development, Alex Ekwueme Federal University, has concluded plans to hold a webinar on the legal perspectives of the Nationally Determined Contributions, NDC, in Nigeria. The event to be held in collaboration with the World Resources Institute, United Kingdom, titled “legal Perspectives to raising ambition and implementing
Bulk carrier SALLY M with a cargo of salt ran aground at Katakolo port entrance, Pyrgos, Greece, Ionian sea, according to FleetMon. It stated: “According to local sources, the ship ran aground in the morning Feb 5, but according to track, SALLY M ran aground much earlier, at around 1600 UTC Feb 4, on arrival
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Ro-ro cargo ship TRANS-ASIA 5 has run aground in the morning Feb 5, 2021, in Cebu Strait on the coast of Cabilao Island in the Philippines, according to FleetMon. It stated: “Ro-ro cargo ship TRANS-ASIA 5 ran aground in the morning Feb 5, 2021, in Cebu Strait on the coast of Cabilao Island, Philippines, being
Ro-ro cargo ship runs aground on resort island beach in the Philippines Read More »
The Securities and Exchange Commission, SEC, has released new requirements for companies applying to act as Nominees for asset owners in Nigeria. Unlike in the past, SEC stated: “a Nominee Company shall have a minimum of three sponsored Individuals, one of whom shall be a compliance officer; b) The Managing Director of the Company shall
ASSET OWNERS: SEC emerges with new requirements firms registration for Nominees Read More »
Chevron Corporation has submitted a non-binding proposal to the Board of Directors of Noble Midstream GP LLC, the general partner of Noble Midstream Partners LP (NASDAQ: NBLX), to acquire all of the publicly held common units representing limited partner interests in NBLX not already owned by Chevron and its affiliates (the Common Units). In a
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