JUST IN: Russia opens North Sea Route to international traffic By Our Correspondent At last, Russia has opened its strategic port, Tiksi, to foreign cargo ships, intending to boost trade with partners in Asia and Africa, according to FleetMon. It stated: “The move is expected to increase the port’s cargo turnover to approximately 30 million […]
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Climate Change is Key, Don tells President Tinubu of Nigeria By Our Correspondent The Director, Centre for Climate Change and Development, CCD, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, AEFUNAI, Prof. Chukwumerije Okereke, has urged President Bola Ahmed Tinubu to give priority to climate change. In what appears to be the review of President Tinubu’s inaugural
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FUEL SUBSIDY: Why Nigerians should accept policy — Speaker, Lagos Assembly By Eyo Nsima The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has called on Nigerians to embrace the nation’s fuel subsidy as a way of life. Speaking at the occasion of his inauguration in Lagos, he said that
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We have responsibility to harness potential, maximize benefits for people of Lagos By Rt. Hon. Mudashiru Ajayi Obasa Mr Babajide Sanwo-Olu, Executive Governor of Lagos State; our highly esteemed royal fathers here present, Captains of industry, leaders of our pace-setting party, the All Progressives Congress (APC), Community leaders, Chairmen of Local Governments and Local Council
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ENVIRONMENT: Royal Caribbean plans Sustainable Biofuel Test on two vessels By Our Correspondent A Royal Caribbean is undertaking a groundbreaking test of a sustainable biofuel blend on two of its vessels, according to FleetMon. It stated: “Royal Caribbean is undertaking a groundbreaking test of a sustainable biofuel blend on two of its vessels, specifically the
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MARKET UPDATE: Oil price to average $79 per barrel in second half of 2023, $84/b in 2024 — EIA By Eyo Nsima The United States Energy Information Administration, EIA, has put the average spot price of Brent at $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024. In its
MARITIME: How Iranian Revolutionary Guard boats allegedly harassed merchant ship in Hormuz By Our Correspondent On June 4th, the U.S. and U.K. forces came to aid a merchant ship that was being harassed by Iranian fast attack boats while transiting the Strait of Hormuz, according to FleetMon, It stated: “The attack boats departed the area after the mobilization
MARITIME ACCIDENT: General cargo ship runs aground in Inner Japan Sea By Our Correspondent A General cargo ship TAISEI MARU No. 21 ran aground at around 0100 on June 7, 2023, according to FleetMon. It stated that the accident occurred in Tokyo at “Kogochi Island tip, Okayama Prefecture, Inner Japan Sea, while en route from
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MARITIME ACCIDENT: MSC container ship catches fire By Our Correspondent It has been confirmed that it was MSC RITA on fire on June 6, 2023, according to FleetMon. It stated: “The ship arrived at Dubai late Jun 4, left Dubai in the morning June 5, 2023, bound for Abu Dhabi, was anchored probably after fire,
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JUST IN: Depots owners pledge support, set agenda for President Tinubu’s govt By Eyo Nsima The Chairman of Depots and Petroleum Products Marketers Association of Nigeria, DAPPMAN, Dame Winifred Akpani, has tasked the President, Bola Tinubu, to adopt measuring capable of ending the fuel crisis while achieving stability in Nigeria’s downstream sector. Akpani, who visited
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