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Monthly Archives: June 2017

Day of the Seafarer: Shipowners should engage Nigerian Seafarers to aid cabotage trade – Peterside

  (TRADE NEWSWIRE): As part of events commemorating Day of the Seafarer, a Strategic Management Professional and Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has tasked indigenous shipowners to employ Nigerian seafarers as against the practice of engaging foreign seafarers to facilitate cabotage trade, TRADE NEWSWIRE reports. Peterside, who is also the Chairman of ...

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Strategic report to Nigerian security agencies

    (TRADE NEWSWIRE): Camps of Internally Displaced Persons (IDPs) in Borno State, especially those located in the outskirts of Maiduguri should be thoroughly combed for possible Boko Haram agents therein; while not totally exempting IDP Camps in Maiduguri, please this is important, TRADE NEWSWIRE reports. -Close watch should be placed on Adamawa state to avoid attack by insurgents any ...

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NPA MD Hadiza Usman reiterates support for export of non-oil products as Nigeria kick-starts yam export to UK

  (TRADE NEWSWIRE): A Socio-Economic Reformer and Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has reiterated her commitment to the export of non-oil products through the nation’s ports, as Nigeria commenced exportation of yam produce to the United Kingdom through Lily Pond Container Terminal Apapa, TRADE NEWSWIRE reports. She made this pledge at the official flag off ...

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International businesses caught in Qatar crossfire

DUBAI/DOHA: International businesses are being caught in the crossfire of Qatar’s dispute with its Arab neighbours as it delays shipments, lengthens travel times and prompts contingency plans in case the crisis deepens. The feud between Arab powers threatens to undermine the region’s progress in positioning itself as business friendly and raises concerns that some firms may be forced to pick ...

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China Launches New-Class Destroyer

China’s new 10,000-ton guided-missile destroyer was launched at Shanghai’s Jiangnan Shipyard on Wednesday. The new Type 055 destroyer was independently developed and manufactured by China, with the nation claiming to have made a series of technical breakthroughs in overall vessel design, information integration and assembly. The new destroyer is equipped with new types of air defense, anti-missile, anti-ship and anti-submarine ...

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Struggling British PM faces confidence vote

LONDON: British Prime Minister Theresa May’s government faces a vote of confidence on Thursday (Jun 29), three weeks after a disastrous election left her authority in tatters and her Brexit strategy in doubt. Members of the House of Commons will vote on the Conservative leader’s legislative plans — the Queen’s Speech — in a key test of whether she can ...

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Trump travel ban: US lays out visa criteria for applicants from 6 Muslim nations

WASHINGTON: Visa applicants from six Muslim-majority countries must have a close US family relationship or formal ties to a US entity to be admitted to the United States under guidance distributed by the US State Department on Wednesday. The guidance defined a close familial relationship as being a parent, spouse, child, adult son or daughter, son-in-law, daughter-in-law or sibling, including ...

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Massive cyberattack hits global companies, causes turmoil

  A major cyber attack worldwide disrupted computers at Russia’s biggest oil company, Ukrainian banks and multinational firms on Tuesday, reported CNBC. The virus used is similar to the ransomware attack last month that infected more than 300,000 computers, according to cybersecurity experts. The widespread cyberattack apparently targeting Ukraine rippled across Europe and spread to computer systems of banks and major ...

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Saudi Aramco unit buys into Irish wastewater company

Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of global oil giant Saudi Aramco, has acquired a major stake in Irish wastewater treatment technology company OxyMem. The Saudi group’s funding will help OxyMem to boost investment in product development and expansion of its manufacturing capacity and increase its sales force. OxyMem said its ground-breaking membrane aerated biofilm reactor (MABR) ...

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Sanctions on Qatar Could Become Permanent

  A UAE government spokesperson warned on Wednesday that Qatar’s diplomatic and economic isolation from its Arab neighbors could become a permanent state of affairs. The Saudi-led sanctions regimes include a ban on Qatari-flagged ships in Bahraini, Saudi, Emirati and Egyptian ports. “Qatar is not responding positively to [the demands] we’ve sent,” said UAE spokesman Omar Ghobash, speaking to BBC. ...

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Search Effort Continues for Missing Argentine Fishermen

  An Argentine Navy salvage vessel is working with a remotely operated vehicle to inspect the hull of the shrimp trawler Repunte, which sank in a storm about 35 nm off of the port of Rawson, Argentina on June 17. Seven men remain missing ten days after the vessel went down, and the SAR effort continues. Three crew members were ...

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WWL Executives Indicted for Price Fixing

  Shipping executives Anders Boman, Arild Iversen and Kai Kraass have been indicted with participating in a long-running price fixing conspiracy. The indictments were unsealed in the U.S. District Court in Baltimore and relate to price fixing on international ro-ro cargo shipments to and from the U.S. and elsewhere, including the Port of Baltimore. A federal grand jury returned the ...

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Meat processor cuts deal with ABC in ‘pink slime’ defamation case

REUTERS: Beef Products Inc has settled its defamation and libel lawsuit against American Broadcasting Co and its reporter Jim Avila, the meat processor said on Wednesday. BPI had claimed ABC, a unit of Walt Disney Co , and Avila defamed the company by using the term “pink slime” and making errors and omissions in its 2012 reporting on what the ...

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US defence secretary says Syria appears to have heeded US warning on chemical attack

BRUSSELS: Syria appears to have heeded a U.S. warning against staging any new chemical weapons attack as no such action has been launched, U.S. Defense Secretary Jim Mattis said on Wednesday. “It appears that they took the warning seriously,” Mattistold reporters flying with him to Brussels for a meeting of NATOdefence ministers. “They didn’t do it.” Asked whether he believed ...

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‘Thank you all for the birthday wishes’

  (TRADE NEWSWIRE): I thank you all for reminding me on my birthday June 27, that I am aging by the day and no matter how long the remaining number of years might be, it is still a pointer to the fact that, I should be cautious of my actions and inactions to my fellow mankind and environment at large, ...

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World Seafarers day: No maritime sector without seafarers- NIMASA DG

  .Peterside assures seafarers of better working condition . Your challenges are our challenges, just as your successes are our successes- Peterside (TRADE NEWSWIRE): The Nigerian Maritime Administration and Safety Agency, (NIMASA) has joined the rest of the world in commemorating the International Day of the Seafarer with the Director-General, Dr. Dakuku Peterside, averring that there can be no maritime ...

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‘Terrorists are neither representing Islam nor Muslims’

  (TRADE NEWSWIE): Terrorists are neither representing Islamic religion nor Muslims with their nefarious operations, TRADE NEWSWIRE reports. It should be noted that terrorists are not in any way representing Muslims or perpetrating their dastardly acts for Islam, because Allah does not need them to kill for Him to be worshiped or propagate the Islamic religion. ON WORSHIP:  Allah has ...

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Opec, non-Opec conformity level hits 106pc

Organization of the Petroleum Exporting Countries (Opec) and the participating non-Opec countries have recorded the highest conformity ever with their voluntary adjustments in production, achieving a level of 106 per cent, reported AzerNews. The overall conformity levels by Opec and participating non-Opec producing countries have steadily increased from January to May 2017, exceeding 100 per cent in both April and ...

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Gulf Air celebrates debut flight to Georgia

Bahrain’s national carrier Gulf Air on (June 22) celebrated the launch of its direct thrice-a-week service to the Georgian capital Tbilisi. A celebratory event took place at Bahrain International Airport with The Georgian Ambassador to Saudi Arabia, Bahrain and  Oman George Janjgava joining the officials of Bahrain Civil Aviation Affairs, Bahrain International Airport and Gulf Air. Commenting on the launch, Gulf ...

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Mitsubishi, Sumitomo seal Tunisia power project deal

Mitsubishi Hitachi Power Systems (MHPS) and Sumitomo Corporation signed an engineering, procurement and construction (EPC) contract with Societe Tunisienne de l’Electricite et du Gaz (STEG) for a gas-fired combined cycle power plant in Tunisia. The project, which boasts a 450 MW generation capacity, will come up at Rades in Ben Arous Governorate. The power plant construction site is located about ...

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Airbus wins $40bn of commercial jet orders at Paris

Airbus announced $39.7 billion worth of new business during the 2017 Paris Air Show, providing strong evidence that the commercial aircraft market remains healthy. The company won commitments for a total of 326 aircraft, including firm orders for 144 aircraft worth $18.5 billion and MoUs for 182 aircraft worth $21.2 billion. A320 Family aircraft sales and commitments were robust, with ...

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Knowledge transfer: NIMASA set to aid Ghana’s maritime capacity development

  .Peterside justifies essence of AAMA Chairmanship (TRADE NEWSWIRE): The Nigerian Maritime Administration and Safety Agency (NIMASA) is set to sign a Memorandum of Understanding (MoU) with the Ghana Maritime Authority (GMA) in order to improve the latter’s maritime development capacity through knowledge transfer, TRADE NEWSWIRE reports. The Chairman of the Association of African Maritime Administrations (AAMA) and Director-General of ...

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Keel Laid for Hapag-Lloyd’s First Expedition Cruise Ship

A keel-laying ceremony was held on June 20 for Hanseatic nature, the first of two expedition cruise ships being built for Hapag-Lloyd. Hanseatic nature‘s maiden voyage is planned for April 2019. The second ship, Hanseatic inspiration, will launch six months later in October 2019. The vessels are being built by the Vard shipyard in Tulcea, Romania. The ships’ hulls will ...

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Shipping Confidence Hits Three-Year High

  Shipping confidence reached its equal highest rating in the past three years during March to May this year, according to the latest Shipping Confidence Survey from shipping adviser Moore Stephens. The average confidence level expressed by respondents to the survey was up to 6.1 out of 10.0 from the 5.6 recorded in the previous survey in February 2017. Increased ...

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Evergreen Links Up With Alibaba

  Taiwan’s Evergreen Line has teamed up with the Chinese wholesale marketplace Alibaba to offer Alibaba.com members the option of booking sea freight services online with guaranteed space and prices. The growth of e-commerce has resulted in small, fragmented orders from global buyers. Taking note of the need for user-friendly logistics services of smaller volume shippers, Evergreen Line is collaborating ...

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Amnesty: EU Should Cut Ties with Libyan Coast Guard

  In advance of an upcoming European Council session, Amnesty International called on the European Union to stop working with the Libyan Coast Guard, which is receiving EU assistance in its counter-human trafficking mission. “The EU is allowing the Libyan coastguard to return refugees and migrants to a country where unlawful detention, torture and rape are the norm. They are ...

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White House aims to speed US drone, wireless technologies

WASHINGTON: The White House is bringing together drone makers, wireless companies and venture capitalists on Thursday to look at ways government can help speed new technologies to the marketplace. President Donald Trump will meet with the chief executives of General Electric Co , Honeywell International Inc and AT&T Inc AT&T Inc , major drone industry firms and venture capitalists in ...

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Commercial flying cars ‘a possibility by 2035’

The arrival of Airbus, Google, and Uber into the flying cars market is expected to infuse the much needed momentum to make limited commercial applications of flying cars a possibility by 2035, said an industry expert. “The flying cars industry is at a nascent stage where a number of companies are developing different models of flying cars, many of which ...

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Belgium has identified station bomber: Interior minister

BRUSSELS: Belgian security forces have identified the man who set off an explosion at one of Brussels’ busiest train stations before he was shot and killed, in the latest attack to hit Europe, authorities said on Wednesday (Jun 21). Interior Minister Jan Jambon said the attack Tuesday evening could have been much worse because the “big explosion did not happen,” ...

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Saudi king ousts nephew, names son as crown prince

RIYADH: Saudi King Salman ousted his nephew as crown prince on Wednesday and installed his son Mohammed bin Salman — the first of a new generation set for power in a conservative kingdom used to ageing leaders. His appointment completes a gradual removal of powers from Mohammed bin Nayef, 57, who has been fired, with his rise symbolising the hopes ...

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Amazon launches ‘try-before-you-buy’ fashion service

REUTERS: Amazon.com Inc wants to turn your living room into a fitting room. The e-commerce giant, already one of the biggest apparel sellers in the United States, on Tuesday unveiled a test programme called Prime Wardrobe. Part of the Amazon Prime shopping club, the new feature will allow members to order three or more items without paying for them up ...

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Uber founder Travis Kalanick resigns as CEO: Report

NEW YORK: Founder of ride-hailing company Uber Travis Kalanick resigned as CEO on Wednesday (Jun 21) after a shareholder revolt made it untenable for him to stay, the New York Times (NYT) reported. Kalanick had earlier taken a leave of absence following a months-long investigation led former US Attorney General Eric Holder, who was hired by Uber to look into ...

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Qatar says news agency hacking linked to states boycotting Doha

DOHA: Qatar’s attorney general said on Tuesday his country has evidence that the hacking of Qatar’s state news agency was linked to countries that have severed ties with Doha. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates cut their ties with Doha over comments allegedly made by the emir and posted briefly on the Qatar News Agency’s website on ...

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China opens gates to US beef imports

BEIJING: China opened its gates to US beef imports this week, giving American cattle farmers much sought-after access to the country’s massive market following a 14-year ban. Shipments of eligible US beef have been allowed to enter China since Tuesday, the General Adminstration of Quality Supervision, Inspection and Quarantine said in a statement. Announced last month, the lifting of the ...

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Chinese and Russians aim to end Airbus-Boeing duopoly

PARIS: China’s C919 and Russia’s MC-21 may be absent from the tarmac at the Paris Air Show, but their makers don’t hide their ambition to nose into the biggest part of the civil aviation market – single-aisle medium-haul aircraft – which is dominated by Airbus and Boeing. “For decades there were just two families of competing aircraft in the single-aisle ...

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USOC backs proposal for dual award of 2024, 2028 Olympics Games

LOS ANGELES: A top U.S. Olympic Committee official has welcomed the prospect of the 2024 and 2028 Games being awarded simultaneously, which would all but guarantee Los Angeles as one of the hosts. Earlier this month, the International Olympic Committee’s executive board recommended that hosting rights for both Games be awarded at the same time. Los Angeles and Paris are ...

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Explosion rocks Brussels train station, suspect shot dead

BRUSSELS: Belgian soldiers shot a terror suspect after an explosion rocked the central train station in Brussels on Tuesday (Jun 20) in the latest attack to hit Europe. Witnesses said the suspect shouted “Allahu Akbar” (God is Greatest) before setting off the blast, with initial reports saying the explosion could have come from an explosive belt. Subsequent accounts pointed to ...

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Maritime development: NIMASA seeks IMO input in drafting of MTP to complement NTP

  (TRADE NEWSWIRE): In recognition of Nigeria’s need for Maritime Transport Policy (MTP)  to complement the existing National Transport Policy (NTP) the Nigerian Maritime Administration and Safety Agency (NIMASA) under the leadership of a Strategic Management Professional and Director-General of the Agency, Dr. Dakuku Peterside, has moved to have the input of the International Maritime Organisation (IMO) in the draft ...

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Leadership by example: NPA MD Hadiza Usman inspects 24-hour port operation from Saturday midnight till dawn on Sunday

  (TRADE NEWSWIRE): As part of efforts to ensure total compliance to the Presidential order on 24-hour port operation , a Socio-Economic Reformer and Managing Director of the Nigerian Ports Authority (NPA) Hadiza Bala Usman, has ‘led by example’ by inspecting operations at the Lagos Ports Complex, Apapa from Saturday  midnight till dawn on Sunday, TRADE NEWSWIRE reports. Following her ...

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A deserving honour: ‘Maritime Security Architecture & Infrastructure’ scheme influences TELL Award -NIMASA DG

  Peterside dedicates award to Board and Management staff of NIMASA NIMASA operational processes fully automated NIMASA operation now decentralised NIMASA ensures strict compliance with International Ships and Port Facility Security (ISPS) Code   (TRADE NEWSWIRE): ……..and the winner of TELL Award of Excellence for the 2016 Public Organization of the year 2016 is the Nigerian Maritime Administration and Safety ...

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Chief M.K Ajayi conferred with Adegboye of Ogidi Land’s chieftaincy title in Kogi State

    (TRADE NEWSWIRE): The Traditional Council of Ogidi in Kogi State, headed by the Ologidi of Ogidi Land, Oba Rabiu Oladimeji Sule, has conferred the Chieftaincy title of ‘the Adegboye of Ogidi Land’ on the former Nigerian Ports Authority  (NPA) Publicist, Chief Micheal Ajayi JP, in recognition of his selfless service to the community, TRADE NEWSWIRE reports. The conferment ...

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Turkey to start building first nuke plant in 2018

The Turkish subsidiary of Russia’s nuclear energy company Rusatom plans to launch its project to build the first nuclear power plant (NPP) in Turkey next year, Russian news agency Tass reported, citing a statement from the Rosatom State Nuclear Corporation. Russia and Turkey signed an inter-governmental agreement in 2010 on cooperation in the construction and operation of Turkey’s first NPP. ...

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GE signs $575m railway contract with Egypt

GE has signed an agreement worth $575 million with Egyptian authorities to supply 100 locomotives that can be used for passengers or freight rail, as well as a 15-year contract for parts and technical support for GE locomotives. The Letter of Intent for the supply of GE ES30ACi Light Evolution Series as well as the service contract was signed with ...

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Boeing sees strong interest in potential new 737 model

PARIS: Boeing has received strong interest in a potential new member of its best-selling 737 aircraft range, the planemaker’s new commercial chief said on Sunday. Boeing is widely expected to launch the 190-230-seat 737 MAX 10 at the opening of the Paris Airshow on Monday, adding a larger new variant to its narrowbody medium-haul family. Boeing Commercial Airplanes Chief Executive ...

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With Whole Foods, Amazon on collision course with Wal-Mart

  CHICAGO/SAN FRANCISCO: When Wal-Mart Stores Inc bought online retailer Jet.com for US$3 billion last year, it marked a crucial moment: the world’s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete. On Friday, Amazon.com Inc countered. With its US$14 billion purchase of grocery chain Whole Foods Market Inc, the largest e-commerce company ...

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US destroyer almost foundered after collision, bodies found: Seventh Fleet

    YOKOSUKA, Japan: The bodies of missing sailors were found in flooded compartments of the USS Fitzgerald, which came close to sinking after a collision with a container ship off Japan tore a gash under the warship’s waterline, the US Navy’s Seventh Fleet commander said on Sunday (Jun 18). Vice Adm. Joseph P Aucoin declined to say how many ...

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Armed police swoop on knifeman at UK parliament

  LONDON: Armed police arrested a man with a knife at the gates of the British parliament on Friday (Jun 16), nearly three months after an Islamist terror attack in exactly the same spot. Officers swooped and fired an electric stun gun, while detectives are keeping an open mind as to whether the man had an extremist motive. At 11.10am ...

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Your car could become your virtual personal assistant

We are now used to cars that understand what we say. Experts predict that in future they may also know how we feel – sometimes without us having to say a word. Nearly 90 per cent of all new cars are expected to offer voice recognition capability by 2022. The next step for the cars of tomorrow could be to ...

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DP World, Kazakhstan to build port community system

Dubai-based DP World, a leading enabler of global trade and the Kazakhstan government have signed two agreements for the development of a Port Community System (PCS) and to integrate customs processes ahead of the Astana Economic Forum. PCS is a one stop electronic platform developed by DP World company Dubai Trade that enables the exchange of information between organisations involved ...

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Amazon to buy Whole Foods Market for US$13.7b

    NEW YORK: Amazon will acquire upscale US grocer Whole Foods Market, known for its pricey organic options, for US$13.7 billion, the companies announced Friday (Jun 16), in a deal that underscores the online retailer’s growing influence. Under the all-cash deal, Amazon will acquire the Texas-based champion of organic and specialty food for $42 a share. Whole Foods traded ...

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White House says no determination yet on ‘Dreamer’ immigrants

WASHINGTON: The Trump administration is still reviewing a policy set in 2012 by U.S. President Barack Obama that protects from deportation nearly 600,000 immigrants brought into the country illegally by their parents, known as “Dreamers,” a White House spokesman said on Friday. “No final determination has been made,” said the spokesman, who asked that his name not be used. Rescinding ...

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Trump says no proof on ‘collusion’ with Russians

WASHINGTON: Donald Trump took to Twitter Friday (Jun 16) to insist that despite months of investigating, no proof has emerged that he colluded with Russia to tilt the 2016 presidential election in his favor. “After 7 months of investigations & committee hearings about my ‘collusion with the Russians,’ nobody has been able to show any proof. Sad!” the US president ...

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Wreckage of missing Malaysian fighter jet found

KUALA LUMPUR: The wreckage of a Malaysian fighter jet which crashed a day ago was found on Friday, the air force said. The Hawk 108 fighter jet took off at 11am Thursday and contact was lost 30 minutes later when the plane was believed to be near the border of the Malaysian states of Pahang and Terengganu. In a statement ...

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Pilots of missing Malaysian air force plane found dead

KUALA LUMPUR: The pilots of a Royal Malaysian Air Force (RMAF) jet that went missing north of Kuantan near the Pahang-Terengganu border have been found dead, Malaysian state media reported on Thursday (Jun 15). The two pilots of the Hawk 108 fighter jet were found in a swamp near Chukai in Terengganu at 2.30pm on Thursday, according to the Bernama ...

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Prince F.A.B Adenekan re-elected Vice President of Nigerian Wrestling Federation

  (TRADE NEWSWIRE): Prince. F.A.B Adenekan, has been re-elected un-opposed as Vice President of the Nigerian Wrestling Federation at the just-concluded National Sports Federation’s elections held on Tuesday in Abuja, TRADE NEWSWIRE reports. Prince Adenekan, who is the Chairman of Laofem Nigeria Limited, a Lagos-based Steel Structural Engineering Company, was re-elected as Vice President to Daniel Igali, who also won ...

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Safety of Navigation: NPA courts Hydrographic Society to make Nigerian waters more navigable

  (TRADE NEWSWIRE): The Management of the Nigerian Ports Authority (NPA), made up of upwardly mobile professionals has moved swiftly to partner the Nigerian Hydrographic Society (NHS) in order to make Nigerian waters safe for navigation of ships, a Socio-Economic Reformer and Managing Director of NPA, Hadiza Bala Usman, has said, TRADE NEWSWIRE reports. The NPA MD expressed the Authority’s readiness ...

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IEA: Qatar Sanctions May Affect Tanker Loadings

In its latest oil market report, the International Energy Agency (IEA) warned that the ongoing embargo on Qatari shipping was causing “logistical headaches” for crude oil transportation.“Qatar pumps just over 600,000 barrels a day of crude and exports some 500,000 barrels a day, almost exclusively to Asia. Buyers often co-load cargoes from elsewhere in the Gulf, typically sold as 500,000 ...

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Spain’s Ports Shuttered as 48-Hour Strike Begins

  Spanish dockers intensified a series of strikes Wednesday with a 48-hour full stoppage, the first of its kind in their ongoing dispute with port employers’ association Anesco over job guarantees and labor reforms. Negotiations late Tuesday that were intended to head off the strike were not successful. The unions, led by Coordinadora Estatal de Trabajadores del Mar (CETM), had ...

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China Aircraft Leasing buys 50 Boeing aircraft for US$5.8 billion

HONG KONG: China Aircraft Leasing Group Holdings Ltd said it would buy 50 Boeing 737MAX series aircraft from Boeing for an aggregate list price of US$5.8 billion, to meet demand for more efficient aircraft while expanding its fleet portfolio. The aircraft lessor’s unit had agreed to buy the Boeing aircraft, in a deal to be settled from internal resources and ...

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Bank of America to lay off more workers

REUTERS: Bank of America Corp has begun laying off employees in its operations and technology division, part of the second-largest U.S. bank’s plan to cut costs. On Wednesday the bank cut jobs across that division, many of which came from its Charlotte, N.C., headquarters, a spokesman said. He would not specify the number of jobs lost. The cuts come as ...

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China censures Emirates airline after two safety incidents: Report

SHANGHAI/DUBAI: China’s civil aviation authority has fined Dubai-based carrier Emirates and barred it from adding new destinations and aircraft in China for six months after two incidents of “unsafe operations”, the state news agency Xinhua said on Thursday (Jun 15). According to the report the Civil Aviation Administration of China (CAAC) said that the pilots were responsible for an incident ...

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Tigerair to operate under Scoot brand from July

SINGAPORE: Tigerair will officially come under Scoot – its sister budget airline under the Singapore Airlines Group – on Jul 25, the two airlines said in a news release on Thursday (Jun 15). This marks the completion of the two carriers’ integration, a process which began in May last year, when they were brought under a common holding company, Budget ...

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Malaysian air force plane missing; search and rescue mission launched

KUALA LUMPUR: The Royal Malaysian Air Force has reported that it has lost contact with a Hawk 108 fighter jet which is believed to have gone missing north of Kuantan near the Pahang-Terengganu border. The RMAF said in a statement on Thursday (Jun 15) that contact was lost at 11.30am after the aircraft took off from the Kuantan airbase. “The ...

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Maritime safety: Much-awaited Egina FPSO‘ll arrive August to up ship inspection, classification – NIMASA DG

    (TRADE NEWSWIRE): The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said that the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) project, undergoing construction in South Korea will further aid NIMASA knowledge in ship inspection and classification upon arrival in August, TRADE NEWSWIRE reports. Peterside, who made this known during a ...

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COSCO and MSC Recognized for Whale Protection

The International Fund for Animal Welfare (IFAW) and Stellwagen Bank National Marine Sanctuary (SBNMS) have released a report card on shipping company efforts to help protect endangered North Atlantic right whales.Collisions between endangered North Atlantic right whales and large shipping vessels are one of the leading causes of death for these rare whales and hinder the recovery of their entire ...

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Another Japanese Shipbuilding Alliance Announced

  Mitsubishi Heavy Industries has reached an agreement with Oshima Shipbuilding to form a commercial shipbuilding alliance. The agreement will establish a technical alliance that focuses on development of new ship designs and technologies, standardization of design and construction and efficient shared use of tools and equipment. The alliance follows on from a previous agreement reached at the end of ...

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Israeli minister backs closing Al-Jazeera bureau

    JERUSALEM: Israeli Defence Minister Avigdor Lieberman said Wednesday that he was in favour of closing the offices of Qatari channel Al-Jazeera, after several Arab states did so. “There is no reason for Al-Jazeera to continue to transmit from Israel,” he told public radio. “It is not media, it is a propaganda outfit in the style of the Soviets ...

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Senior US congressman Steve Scalise shot at Virginia baseball practice: Lawmaker

ALEXANDRIA: At least five people people including a top Republican congressman were wounded in a Washington suburb early Wednesday morning (Jun 14) when a shooting erupted as they practiced for an annual baseball game between lawmakers. Senior congressman Steve Scalise was shot in the hip, according to fellow Republican lawmaker Mo Brooks who told CNN at least two law enforcement ...

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At least 6 dead in London Grenfell Tower fire

LONDON: At least six people were killed on Wednesday (Jun 14) when a massive fire tore through a London apartment block in the middle of the night, with witnesses reporting terrified people had leapt from the 24-storey tower. “I can confirm six fatalities at this time but this figure is likely to rise during what will be a complex recovery ...

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Big Ships Account for 80 Percent of Shipping’s CO2

At Nor-Shipping 2017, researchers with DNV GL released a study that points to the difficulty of reducing the industry’s CO2 output below current levels. The problem is structural: big cargo vessels emit 80 percent of shipping’s greenhouse gases, but they’re also the industry’s most efficient ships, and squeezing out additional improvements may be a challenge. Just 35 percent of the fleet – mostly large ...

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Rolls Royce under fire after engine leaves gaping hole in Chinese carrier

British engineering company Rolls-Royce is under fire after its faulty engine unit left a gaping hole in the left engine covering of a China Eastern flight, said a report. Flight 736, which was heading to Shanghai from Sydney, was forced to make a return just minutes after takeoff. “The moment that we took off the wing to my left just ...

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Petrofac wins big Kuwait Oil Company contract

British oilfield services firm Petrofac said it has been awarded a five-year contract to provide specialist technical training and competency development services for Kuwait Oil Company (KOC). Petrofac clinched the $35 million contract following a competitive tendering process. The work will be undertaken within Kuwait by the training services team who form part of Petrofac’s Engineering & Production Services division. ...

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Global mobile subscriptions hit 7.6 billion in Q1

    Global mobile subscriptions are growing at around four per cent year-on-year, reaching 7.6 billion in the first quarter (Q1) of the year, according to the latest Ericsson Mobility Report. India grew the most in terms of net additions during the quarter (+43 million), followed by China (+24 million), Indonesia (+10 million), Pakistan (+5 million) and Nigeria (+3 million). ...

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Electric and Hybrid Propulsion Leaders Recognized

  The fourth annual Electric & Hybrid Marine Awards were announced in Amsterdam this week, highlighting a range of innovative vessels and the people and equipment that made them possible. An international jury of 42 maritime journalists, marine industry experts and academics from 20 countries decided the winners in each of the five categories: Supplier of the Year, Innovation of ...

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Subsea Pipelines Act as Fish Havens

  A first-of-its-kind study led by the University of Western Australia into the ecological value of offshore infrastructure has revealed that subsea pipelines in north-west Australia provide safe havens for commercially important fish. The study, published in Continental Shelf Research, was carried out by researchers from UWA’s Oceans Institute in collaboration with Woodside. It is the most extensive research published ...

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New Rescue Boat Tows New Sea Shepherd Boat

On Monday afternoon, the newly christened rescue vessel Anneliese Kramer provided a tow to the newly christened Sea Shepherd patrol boat Emanuel Bronner. Both vessels were commissioned early this month, and it was the Kramer’s very first rescue mission. According to private SAR organization Deutsche Gesellschaft zur Rettung Schiffbrüchiger (DGzRS), the Bronner suffered an engine casualty near the mouth of the ...

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Boeing and Huntington Ingalls Partner Up on Unmanned Subs

  Boeing has joined forces with Huntington Ingalls to develop its “Echo Voyager” prototype autonomous submarine for the U.S. Navy. Boeing is best known as an aerospace giant, but it also has decades of experience in building unmanned underwater vehicles for the military. But the Voyager takes the concept to an entirely new level, Boeing says: it is capable of ...

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NPA implements Directive on Agencies at Ports- Advertorial

  (TRADE NEWSWIRE): The Nigerian Ports Authority (NPA) hereby reiterates the subsistence of a 2011 presidential directive for the reduction of the number of agencies that are to operate and have physical representation at the ports to eight. The  directive communicated to the Managing Director of the NPA in a 26th October, 2011 memo from the  Federal Ministry of Transportation, ...

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Osinbajo signs 2017 budget

  Acting President Yemi Osinbajo on Monday signed the 2017 Appropriation bill into law. Osinbajo accented the Budget around 4:42 p.m. The budget was passed by the National Assembly some weeks back while President Muhammadu Buhari left Nigeria for the United Kingdom on 7th May to follow up on his medical consultation with his doctors. The budget, which was presented ...

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Qatar Airways profits reach US$540 million before Gulf crisis

DOHA: Qatar Airways said Sunday its net profits rose by almost 22 percent in the last financial year that ended in March, before the diplomatic fallout with its Gulf neighbours. The results cover the period from Apr 1, 2016 to Mar 31, 2017, well before Saudi Arabia and several of its allies cut ties with Qatar and severed air links ...

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NIMASA bags ‘Public Organisation of the year 2016’ award

    (TRADE NEWSWIRE): The Nigerian Maritime Administration and Safety Agency (NIMASA), has emerged the winner of the 2016 Public Organization of the year award organized by TELL Magazine Nigeria Limited, TRADE NEWSWIRE reports. During a recent visit to the Director-General of NIMASA, Dr. Dakuku Peterside, to inform him of the award, the Chairman, Awards Committee of TELL Magazine, Mr. ...

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NPA celebrates excellence, as IAPH awards staff in Azerbaijan

    (TRADE NEWSWIRE): The International Association of Ports and Harbours (IAPH) women forum has awarded an officer of the Nigerian Ports Authority (NPA) Mrs Ngozi Obikili, AGM/Head of the Occupational Health unit with a scholarship for the attendance to the forthcoming  conference which  comes up between the 8th and 11th May, 2018 in Baku, Azerbaijan, TRADE NEWSWIRE reports In ...

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Dollar cleans up as UK election shock stuns sterling

LONDON: A shock British election result that left no single party with a clear claim to power hit sterling on Friday and left the dollar on course for its best week in over a month, while world shares headed toward their first weekly fall since April. The outcome of the snap poll, called by Prime Minister Theresa May to try ...

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EU fears Brexit delay, uncertainty after shock UK vote

BRUSSELS: European Union leaders fear Prime Minister Theresa May’s shock loss of her majority in the snap British election will delay Brexit talks due to start this month and so raise the risk of negotiations failing. “We don’t know when Brexit talks start. We know when they must end,” tweeted Donald Tusk, the EU summit chair overseeing negotiations that the ...

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Executive order: Unapproved agencies should leave port ‘immediately’ to allow NPA implement 24 hours operation- FG

  .NPA MD Hadiza Bala Usman talks tough, battle-ready to implement Executive order to the letter .Only NPA, Customs, NIMASA, Police, DSS, Immigration and Ports Health are authorized agencies to operate in ports .Illegal operators in ports to be heavily sanctioned . Unauthorized personnel would henceforth be refused access to ports .No more Wharf rats, touting in ports .Don’t give ...

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Rejoinder: Nigeria’s blooming port cake for ‘all’ not select ‘powerful’ few- NPA

  . NPA thanks Committee of Maritime Professionals {CMP} for issues raised in THISDAY publication NPA allays fear, says there is ‘absolutely nothing’ to worry about .NPA places interest of Nigeria above ‘any’ contractual agreement that is a rip-off .’Allow your reasoning to supersede emotions when condemning other people’s actions in public’ . Ease of Doing Business: NPA’s efforts to ...

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E.U. Industry Sets Offshore Wind Targets

  The governments of leading offshore wind markets, Germany, Belgium and Denmark joined industry leaders in signing a joint statement on boosting offshore wind development in Europe. The statement, setting targets for 2030, was signed at the opening of Offshore Wind Energy 2017, the industry event co-organised by WindEurope and RenewableUK in London. The industry has been on a steep ...

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Seismic Ships Could Clean Up Ocean Plastic

  Seismic survey company Petroleum Geo-Services has developed a concept for efficient, large scale collection of plastic from the oceans. The solution uses seismic vessels and takes advantage of their air compressors and capabilities for handling large towing configurations. The PGS concept consists of a seismic vessel and a support vessel towing booms, in a fan formation, which are connected ...

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Offshore Drilling Market Not Turning Around Yet

Research consultancy Maritime Strategies International (MSI) has forecast a challenging earnings environment for the offshore rig market during the next two years. In the first of its new quarterly sector reports, MSI compares the current market to the slump of the 1980s. Its data model shows the rig market to be in an even deeper hole than 30 years ago, ...

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Australia Ratifies Ballast Water Convention

  Australia has ratified the Ballast Water Management Convention, with Australia’s High Commissioner to Britain, Alexander Downer, signing the protocol in London this week. Teresa Lloyd, CEO of industry body Maritime Industry Australia Ltd (MIAL), says Australian shipowners applaud the move. “The convention requires ships to have equipment to ‘treat’ ballast water so as to render it harmless. This technological ...

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New BIMCO President Elected

Anastasios Papagiannopoulos, CEO of the Greek shipping company Common Progress, has been elected President of BIMCO, the world’s largest international shipping association, with 2,100 members in more than 120 countries.Papagiannopoulos has set three clear themes for his two-year presidential term. The first is to promote digitization across the industry. BIMCO will be working on a range of projects using convergent ...

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Turkey seizes tonne of heroin in Congo-flagged ship raid – police

ISTANBUL: Turkish security forces have seized more than a tonne of heroin hidden in a Democratic Republic of Congo-flagged cargo ship in a raid in international waters, the largest such seizure in recent Turkish history, police said on Wednesday. The operation was launched after the narcotics squad received a tip-off that the ship, Commander Tide, was heading towards Turkey with ...

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Attackers raid Iran parliament and mausoleum, up to 7 dead: Report

  TEHRAN: Attackers raided Iran’s parliament and opened fire at the Mausoleum of Ayatollah Khomeini a few kilometres south of the capital on Wednesday morning (Jun 7), in near simultaneous assaults that killed up to seven people, media reported. Tasmin news agency said there were unconfirmed reports that the attackers had taken four hostages inside the parliament building. The Islamic ...

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Apple makes iPhone screen fixes easier as states mull repair laws

SAN FRANCISCO: Hey Siri, where can I get my cracked iPhone screen fixed? Apple customers will soon have more choices as the company looks to reduce long wait times for iPhone repairs at its retail stores. By the end of 2017, Apple will to put its proprietary machines for mending cracked iPhone glass in about 400 authorised third-party repair centres ...

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AstraZeneca sells migraine drug for up to US$302 million

LONDON: AstraZeneca continued its program of divesting old medicines on Wednesday with the sale for up to US$302 million of migraine drug Zomig to Germany’s Grunenthal. The British firm, which is betting on new drugs for cancer and other diseases to revive its fortunes, has sold or licensed out a raft of aging products recently. Some analysts have criticized the ...

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HSA recalls 9 lots of HIV test kits that may give false negative results

SINGAPORE: Nine lots of a brand of HIV screening test kits have been recalled, after it was found that the kits could result in false negative results for some people in the early stages of an HIV infection, announced the Health Sciences Authority (HSA) on Monday (Jun 5). The affected lots of SD Bioline HIV Ag/Ab Combo were supplied to ...

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Changi Airport unveils 14,000 sq m Canopy Park at Jewel

    SINGAPORE: Changi Airport on Wednesday (Jun 7) gave a glimpse into a sprawling rooftop park featuring play attractions, gardens and walking trails at Jewel, its new retail and lifestyle development. Located five floors above ground, the Canopy Park spans 14,000 sq m, or the size of 11 Olympic-size pools. Visitors can walk and bounce on sky nets, challenge ...

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Market positioning: Nigerian maritime sector an investment haven for prospective strategic investors- Amaechi

  .Peterside backs Minister of Transport in marketing Nigeria globally (TRADE NEWSWIRE): The Minister of Transportation, Rt. Hon Rotimi Amaechi, is adopting ‘Market Positioning Strategies’ to market Nigerian maritime sector as a haven of investment to woo prospective strategic investors in the industry to Nigeria, TRADE NEWSWIRE reports. The Minister’s ‘Market Positioning statement’ to global maritime stakeholders at ‘Africa @ ...

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London terror attack: The victims

LONDON: Seven people were killed in Saturday’s terror assault in central London and 48 taken to hospital after three assailants attacked an area thronged with international revellers. The dead include a Canadian charity worker, an Australian nurse and a French bistro worker, while the injured came from a variety of countries including Bulgaria, Germany, Greece, Spain and New Zealand. Here ...

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US-backed force enters IS-held Raqa

  Members of the US-backed Syrian Democratic Forces (SDF) stand in the village of Hazima on the northern outskirts of the Islamic States (IS) group’s Syrian bastion of Raqa on Jun 6, 2017. (Photo: AFP/Delil Souleiman) HAZIMA: US-backed fighters broke into the city of Raqa on Tuesday (Jun 6) as they launched a final assault to drive the Islamic State ...

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