A humanitarian partnership in times of COVID In Burkina Faso, the Islamic Development Bank and Islamic Solidarity Fund for Development – the bank’s poverty alleviation arm joined hands with Light for The World to get immediate help to the communities hit hardest by the COVID-19 crisis The COVID-19 pandemic has changed the lives of […]
A humanitarian partnership in times of COVID Read More »
Container ship DEVON reportedly, suffered crack in portside fuel tank area, followed by oil leak, on Jun 16, some 260 nm SE of Chennai, India, in Bay of Bengal, according to FleetMon. It stated: “The ship duly informed MRCC Colombo on accident, she was drifting for some time, resumed sailing, then stopped for the second
Container ship suffered fuel tank crack, fuel leak, Bay of Bengal Read More »
Sweden had its first cruise call for the year on June 15 and it was made possible through the collaborative efforts of ports in Visby, Stockholm, and Gothenburg, according to FleetMon. It stated: “Technically cruise ship MEIN SCHIFF 1 had arrived on 25th May in Stockholm but no passengers were allowed to disembark. Now Sweden
Bubble Concept to kickstart Cruise Ship Tourism in Sweden Read More »
The Africa Renewable Energy Fund II has achieved its first close at €130 million, following a joint investment of €17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank. AREF II, a successor to the original Fund, is a 10-year closed-ended renewable energy Private Equity Fund
Mediterranean Shipping Corporation (MSC) is on the verge of surpassing their 2M alliance Maersk as the world’s largest carrier amidst its fleet capacity approaching 4 million TEU, according to FleetMon. It stated; “According to Alphaliner, the Swiss carrier currently holds a fleet of 604 ships with a combined capacity of 4,015,674 TEU, closing the gap
MSC to overtake Maersk as the largest Container Line in the world Read More »
South Korea-based Samsung Heavy Industries (SHI) has concluded plans to develop a new offshore nuclear power plant technology, according to FleetMon. It stated: “To make this happen, the company has signed a joint hand with Korea’s only comprehensive nuclear research and development institute, Korea Atomic Energy Research Institute (KAERI). The company has contracted a Molten-Salt
Samsung Heavy Industries to develop Offshore Nuclear Power Plant Read More »
Kola Adesina, Executive Director, Sahara Group has said the World Trade Organisation (WTO) needs to galvanise the interest and support of various stakeholders to promote equitable global trade relations and energy access in Africa where almost 600 million live without electricity. Adesina who spoke on ‘Redirecting the World Trade Organisation’ at the virtual 2021 Horasis
Sahara Group urges WTO to promote equitable trade, access to energy Read More »
Spanish Security Forces Seize Record Drugs Worth $270 Million; after getting tip off from Irish Authorities, according to FleetMon. It stated: “On 1st June, the Spanish navy acted upon a fresh intelligence report by Irish authorities and seized a consignment of hashish worth €220 million ($270 million) from a trawler named ODYSSEY 227 near the
Spanish Security Forces seize drugs worth $270m Read More »
By Eyo Nsima General cargo ship RIX EMERALD remains aground in Randers Fjord Denmark since around 1400 UTC June 10, 2021, according to FleetMon. It stated: “Still aground, refloating is planned to take place at night Jun 11 with high tide, obviously. The ship is loaded with manure. No hull breaches, no leaks reported. Fairway
General cargo ship RIX EMERALD remains aground in Denmark Read More »
OPEC, in collaboration with the African Energy Commission (AFREC), the African Petroleum Producers’ Organization (APPO) and African Refiners and Distributors Association (ARDA), joined efforts during the inaugural OPEC-Africa Energy Dialogue to promote continent-wide energy cooperation initiatives. The High-Level meeting culminates more than two years of work to expand dialogue, technical cooperation and enhanced research on
OPEC hosts first Energy Dialogue with Africa Read More »
