By Eyo Nsima Offshore supply tug TRITON HARMONY with 18 crew on board on January 4, 2023, reported suffering mass water ingress in the Arabian sea some 280 nm west of Mumbai, according to FleetMon. It stated: “The ship is en route to Mumbai ETA January 7, 2023. As of 0710 UTC Jan 4 AIS […]
MARITIME ACCIDENT: Offshore supply tug suffers water ingress in Arabian Sea Read More »
By Eyo Nsima Two companies – BUA Foods Plc and Wema Bank Plc – have joined the list of most liquid stocks in the Nigerian Exchange Limited (NGX). The NGX-30 index is dedicated to capturing the top 30 companies in terms of the total value of equities listed on the NGX (market capitalization) and liquidity.
CAPITAL MARKET: Union Bank, Oando exit NGX-30 index, as Wema Bank, BUA Foods step in Read More »
OPEC daily basket price stood at $82.07 a barrel Tuesday, 3 January 2023, compared with $81.29 the previous Friday https://www.opec.org/opec_web/en/press_room/7082.htm
OPEC daily basket price Read More »
Leading energy and infrastructure conglomerate Sahara Group has flagged off the “Responsibly Sahara” initiative to enhance the organisation’s sustainability footprint across Africa, Asia, Europe, and the Middle East. Ejiro Gray, Director, Governance and Sustainability, Sahara Group, said the initiative would embody Sahara Group’s march towards greening its operations progressively to promote access to clean energy
Sahara Group unveils ‘Responsibly Sahara’ initiative to enhance sustainability Read More »
By Eyo Nsima The Central Bank of Nigeria, CBN, has disclosed that the deficit spending by the Federal Government fell by 21 percent, Month-on-Month, MoM, to N530 billion in October 2021, from N670.7 billion in September last year, due to a decline in interest payment on domestic debts. According to the CBN October 2022 Economic
Nigeria’s deficit spending drops by 21% to N530bn in October, says CBN Read More »
By Our Correspondent The Chief Engineer of bulk carrier AL DANAH was found dead in his cabin in the morning January 3, 2023, at Paradip Anchorage, India, according to FleetMon. It stated: “Chief Engineer of bulk carrier AL DANAH was found dead in his cabin in the morning Jan 3, at Paradip Anchorage, India. “51-year
MARITIME: Russian Chief Engineer died on board in India Read More »
By Our Correspondent Through its subsidiary CMA Terminals, France-based CMA CGM has entered into a deal to divest its ownership in Russia’s Yanino’s Logistics Park and Moby Dik ocean terminal, according to FleetMon. It stated: “This is the latest in western shipping companies dissolving their stakes in Russian companies. As it stands, CMA Terminals holds
MARITIME: CMA CGM to Divest Out of Its Ownership in Russian Terminals Read More »
The voice of the African energy sector, the African Energy Chamber (AEC), will host a special New Year reception event at the Waldorf Hilton luxury hotel in London on 26 January where participants will be encouraged to explore new avenues in financing energy projects on the African continent. During the event, investors and African energy
African Energy Chamber to Host New Year Reception in London on 26 January Read More »
The EU commends the resolute African-led initiatives to address the root causes of the conflict in the eastern Democratic Republic of the Congo (DRC). The EU reaffirms its full support to the Luanda and Nairobi processes and calls on all parties to rapidly implement the decisions taken within their frame. The EU welcomes the political
Four suspects of human trafficking are awaiting trial in jail following their failure to pay bail. They are Mpho Ramonotsi (50) from Khapung Butha-Buthe who lives in South Africa Centurion, Sehlomeng Labane (23) from Koalabata, Nyatso Mokete (23) from Matelile, Ha Makhakhe and ’Mamanyesemane Thoabala (38) from Ha Foso. The suspects appeared in Magistrate court
Lesotho: Four Nabbed for Human Trafficking Read More »
