Home :: Author Archives: Sulaiman Adenekan

Author Archives: Sulaiman Adenekan

NPA Management takes over Agura Hotels ownership

.Chief Michael Ajayi appointed interim General Manager, as NPA MD chairs the hotel (TRADE NEWSWIRE): The Management of the Nigerian Ports Authority (NPA) has finally taken over the ownership of Agura Hotels, Abuja after a legal judgement was given in favour of the NPA against Fasel Services Limited, Omeire Pharmaceutical Manufacturing Industry Limited, Chief M.O. Kanu and Daniel Kanu, TRADE NEWSWIRE ...

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Africa is next maritime investment haven- NIMASA DG

  .Charges African countries to develop maritime infrastructure (TRADE NEWSWIRE): The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has stated that with the potentials of the African maritime sector, competitive operating environment, proper regulation, incentives and infrastructural development; Africa would be the next maritime investment haven, TRADE NEWSWIRE reports. In a statement obtained ...

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’I will stick to government regulations in the discharge of my duties’ –NPA MD Hadiza Bala Usman

(TRADE NEWSWIRE): A Socio-Economic Reformer and Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has asserted that she would continue to stick to laid down regulations and adhere to Government policies in the discharge of her duties, TRADE NEWSWIRE reports. Speaking, when she received the visiting President of the Institute of Chartered Accountants of Nigeria (ICAN), Alhaji ...

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NPA charges HSOP on safety, security in Nigerian waters

  (TRADE NEWSWIRE): A Socio-Economic Reformer and Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated Management concern over the safety and security of operations and activities on the nation’s territorial waters, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from the General Manager, Corporate &Strategic Communications, NPA, Abdullahi Goje, NPA MD said this ...

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Social welfare: Chief M.K Ajayi donates 10 multipurpose hospital beds, other healthcare materials to Mopa General Hospital

(TRADE NEWSWIRE): Our highly revered Yoruba elders say: [Na’wo na’wo ki I se apa, alubarika lo n wa] English meaning (A kind giver/ money spender is not a prodigal person, but he is only seeking the blessings of God], TRADE NEWSWIRE reports. They also say:[Owo afunni, oke lo n gbe, nitori idi eyi, oke ni emu ma n ru si] ...

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The Agents of Change: ‘How Peterside, TEAM NIMASA ‘strategically’ increased revenue by 500% within a year in office’

-Amaechi keeps NIMASA DG on his toes always, just as gold wouldn’t have been a premium metal without going through fire   The astronomic 500% increase in the revenue generated by the Nigerian Maritime Administration and Safety Agency (NIMASA) into the Federal Government purse in 2016 compared to the amount generated in 2015 has become a song on the lips ...

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Policing: An integral part of maritime security- NIMASA DG

  .Assures Nigerian Police Force of continuous collaboration   (TRADE NEWSWIRE): The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has stated that effective policing is an essential component of the Maritime security, with a multiplier effect on the development and growth of the Nigerian maritime sector, TRADE NEWSWIRE reports. In a statement obtained by ...

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FG praises NIMASA for outstanding performance on revenue generation

.Finance Minister, AGF Acknowledges Agency’s Increased Contribution to CRF (TRADE NEWSWIRE): The Federal Government through the Ministry of Finance and the Office of the Accountant-General of the Federation has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for its revenue performance in the past one year, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from the Head ...

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NPA prepares staff ahead for a stress free retirement

  (TRADE NEWSWIRE): The Management of the Nigerian Ports Authority (NPA) has reaffirmed its position on preparing its workforce towards an appreciable and stress free retirement, TRADE NEWSWIRE reports. Addressing cross section of the upcoming set of retirees in a sensitization and awareness programme held recently in Lagos,  a Socio-Economic Reformer and Managing Director of the NPA Ms Hadiza Bala ...

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‘NPA committed to improving access to Apapa Ports’

  (TRADE NEWSWIRE): Over the past couple of weeks, stakeholders have expressed concern over the state of access roads to the Lagos Port Complex in Apapa, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from the Asst. Gen. Manager, Corporate & Strategic Communications, Ibrahim Nasiru on behalf of the General Manager, the dilapidated state of the road, which ...

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Management promotion: NPA elevates Managers

  (TRADE NEWSWIRE): The Management of Nigeria Ports Authority NPA has approved the elevation of some of its managers to the rank of Assistant General Manager (AGM), in line with its commitment towards operational efficiency, TRADE NEWSWIRE reports. Amongst those affected are Ibrahim Nasiru of the Public Affairs Division which has been rechristened Corporate and Strategic Communications under the new ...

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Amaechi, Sultan of Sokoto, NIMASA DG, Tambuwal others brainstorm at 15th NCT Meeting in Sokoto- Photos

(TRADE NEWSWIRE): The Minister of Transport, Rt. Hon Rotimi Amaechi; The Sultan of Sokoto, Alhaji Muhammad SA’AD Abubakar; The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside; and the Governor of Sokoto State, Rt. Hon. Aminu Tambuwal, among others brainstormed the progress of Nigerian transport system at the 15th National Council on Transportation Meeting in Sokoto, ...

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‘Our goal is to have 100% compliance on ISPS Code implementation’- NIMASA DG

    (TRADE NEWSWIRE): The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has stated that the Agency would not rest on its oars until 100% compliance of the International Ship and Port Facility Security (ISPS) Code is achieved in all port facilities across the country, TRADE NEWSWIRE reports. The Director General who spoke ...

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NPA Management embarks on facility tour of Ports in Lagos Pilotage district-Photo

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NPA reshuffles Management team for operational efficiency, effectiveness

  (TRADE NEWSWIRE): In a bid to re-jig its operations, the Nigerian Ports Authority managed by a Socio-Economic Reformer Hadiza Bala Usman, as approved by the Board of the Authority, has re-shuffled its management team with immediate effect for efficient and effective operations, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from the Principal Manager, Corporate & Strategic Communications, ...

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NPA Board approves new structure-Advertorial

    Scraps zonal structures Redeploys General Managers The Board of the Nigerian Ports Authority (NPA) has approved a new organisational structure and the commencement of a Business Process Re-engineering initiative that will create synergies to improve efficiency. It has also approved the redistribution of all General Managers in its employment. The far reaching initiatives which are aimed at making ...

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Shippers express confidence in administration of NIMASA DG, as Peterside reiterates commitment to safe maritime domain

  (TRADE NEWSWIRE):The Shipping Association of Nigeria (SAN) has expressed confidence in the transformation strides in the maritime sector by the Dr. Dakuku Peterside led Management of the Nigerian Maritime Administration and Safety Agency (NIMASA). The Chairman of the Association, Mr. Val Usifoh who made this disclosure during a courtesy visit to the Agency with other members of the association, ...

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Happy birthday: Prince F.A.B. Adenekan celebrates 70 years modestly-classical

{TRADE NEWSWIRE): Yoruba Language (Bi o ba ye eni ki a wi, o ye Alao Adenekan, ni ojo nkan eye re, gege ni o n se bi oba) English meaning (If an honour showered on a person is deserving and befitting, lets acknowledge so, it was indeed a deserving honour for Alao Adenekan on his birthday party, as his personality carriage ...

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Security alert: Strategic report to Nigerian security agencies

  (TRADE NEWSWIRE): I urge Nigerian security agencies to beef up security across the country specifically in the month of ‘September’; please this is important, TRADE NEWSWIRE reports.   May God Guide Our Leaders Right NIGERIA SHALL BE GREAT Sulaiman Adenekan A Strategist/ Publisher TRADE NEWSWIRE (www.tradenewswire.net).    

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NPA strengthens business relationship with establishments, foreign firms – MD NPA Hadiza Usman

(TRADE NEWSWIRE): A Socio-Economic Reformer and Managing Director of Nigerian Ports Authority, (NPA) Hadiza Bala Usman has announced the collaboration of the Authority with relevant establishments and foreign firms towards increased trade ties for mutual benefits, TRADE NEWSWIRE reports. Speaking at the tenth anniversary of NIMPORT annual maritime conference, holding at the Oriental Hotels, Lagos, the Managing Director who was ...

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Welcome President Muhammadu Buhari: Special praise be to God,the Sustainer of creation

Your Excellency sir, TRADE NEWSWIRE: (Special Praise be to Allah, the Sustainer of the creation) Arabic meaning (Alhamdu lillahi Rabbil ‘alamin), who showered His mercy on President and Commander-in-Chief of the Armed Forces of Nigeria, Muhammadu Buhari GCFR, for his safe and healthy return to Nigeria, TRADE NEWSWIRE reports. Arabic language (Kadara Allahu Wakankadiri!) English meaning (What will be will ...

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Cabotage: NISA commends NIMASA NCCS initiative

  .Dakuku extols ship owners’ role in maritime sector (TRADE NEWSWIRE): The recent moves by the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure full implementation of the Cabotage Act, 2003 through the New Cabotage Compliance Strategy (NCCS) has continued to receive commendation from Stakeholders, TRADE NEWSWIRE reports. This is coming on the heels of the visit to the ...

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A descendant of Alake Onika-mogu: Egba-born F.R.S.C Chieftain Alhaji Alao Adenekan clocks 70 years princely

  (TRADE NEWSWIRE): (I commence in the name of Almighty Allah, the Most Gracious, the Most Merciful; There is neither might nor power except with Allah; and Special Praise be to Allah, the Sustainer of the creation) Arabic meaning (Bismillahi’r Rahmani’r Raheem; Laa Hawla Wa Laa Quwwata Il-la Bil-laah; Alhamdu lillahi Rabbil ‘alamin), TRADE NEWSWIRE reports. Alhaji Alao Adenekan, a ...

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NPA meets Lagos State Safety Commission on intermodal transportation model

[TRADE NEWSWIRE] The Management of Nigerian Ports Authority (NPA) welcomed Executive members of Lagos State Safety Commission today in Marina, Lagos, TRADE NEWSIRE reports The dual organizations engaged in an interactive session over effective safety of lives and properties on the state roads, the implementation of this, as well as the sustenance of the implementation. The discussion prioritized intermodal transportation model. ...

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Disclaimer on fake employment exercise in NIMASA- Advertorial

(TRADE NEWSWIRE): The attention of the Nigerian Maritime Administration and Safety Agency (NIMASA) has been drawn to the misinformation making the round in media, particularly online platforms, that there is an ongoing recruitment exercise in the Agency. It is imperative to state, in the interest of the unsuspecting public, that the Agency has not launched a recruitment campaign of any kind ...

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Strategic report to Nigerian security agencies on Adamawa State

  (TRADE NEWSWIRE): Attacks on Adamawa State by Boko Haram insurgents may likely be continuous if efforts are not immediately made to put a stop to it, as there could be another attack anytime soon, TRADE NEWSWIRE reports. So security agents should please step-up intelligence gathering to curb further attacks in Adamawa which could turned serial, don’t underestimate this and ...

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NIMASA DG commiserates with Nigerian Police over demise of AIG Maritime

  (TRADE NEWSIRE): The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, commiserates with the Inspector General of Police; Mr. Ibrahim Idris, the immediate family and the entire Police Force on the demise of the Assistant Inspector General of Police (AIG) in charge of maritime command, AIG Pius Imue, TRADE NEWSWIRE reports. Peterside who expressed ...

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Liberation: NPA MD Hadiza Bala Usman receives Nigerian Women Journalists- Photos

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd right), the National President, Nigeria Association of Women Journalists (NAWJ), Ifeyinwa Omowole (4th right), and stakeholders during an interactive session between the two organizations at the Corporate Headquarters of the NPA, Marina, Lagos.

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Nigeria to benefit from deep sea mining- Peterside

  .Seeks support on capacity building   (TRADE NEWSWIRE): The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has stated that Nigeria is set to benefit from the deep sea mining through effective harnessing of the opportunities by working with the International Seabed Authority (ISBA), TRADE NEWSWIRE reports. The NIMASA DG who made this ...

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NPA partners Women Professional Group on manpower, canvasses for national development

  (TRADE NEWSWIRE): A Socio-Economic Reformer and Managing Director of Nigerian Ports Authority [NPA] Hadiza Bala Usman, has reiterated management position concerning developmental programmes and goals initiated by credible Women Organizations across all spheres of national endeavour  especially in the area of manpower development,TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from I.S Nasir, on behalf of the ...

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To President Donald Trump of America:’Adopt diplomacy instead of force on North Korean stand off’-Strategic report

.‘Let Doves fly the sky instead of missiles’   Your Excellency sir, (TRADE NEWSWIRE): I humbly urge the Government of the United States of America to adopt diplomacy in place of brutal force against North Korea to address its controversial nuclear and missile programmes, TRADE NEWSWIRE reports. A proverb by my highly revered elders in Yoruba land, Nigeria goes thus: ...

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TypicalNija collaborates Dime to showcase Ice Prince in Dubai Live performance

    (TRADE NEWSWIRE): The leading Nigerian-rooted Music and Entertainment promoter based in Dubai, Typical Naija Entertainment is collaborating Sensation Dime, a world-acclaimed music promoter to showcase Ice Prince in a live music performance in Dubai on Tue, August 22nd, 2017, TRADE NEWSWIRE reports. Ice Prince, a rapper and Hip-hop music star, whose real name is Panshak Zamani, is a ...

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NPA MD Hadiza Bala Usman hosts Republic of Korea’s Ambassador

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Happy birthday to a Veteran journalist: ‘Our boss Alhaji Yusuf Alli who made me a Journalist clocks 55 years editorially,graciously’

    (TRADE NEWSWIRE): My and our boss, Alhaji Yusuf Alli, a Veteran Journalist and Managing Editor, Northern Operation, The Nation Newspapers, who opened the gate of journalism profession for me to start practicing clocks55 years on earth today 8th of August, 2017 graciously to God Almighty and editorially professionally, TRADE NEWSWIRE reports. Yoruba elders say: (Bi egungun ba pe ...

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Cabotage implementation: NIMASA Introduces new compliance strategy

.Seeks more opportunities for Nigerians   (TRADE NEWSWIRE):In continuation of its quest to ensure full implementation of the Cabotage Act, 2003 for the benefits of Nigerians, the Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced New NIMASA Cabotage Compliance Strategy (NCCS) towards the actualization of a successful coastal and inland trade regime,TRADE NEWSWIRE, reports. Speaking with newsmen recently, Dr. ...

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Executive Order: NPA Commissions 24/7 Emergency Clinic

(TRADE NEWSWIRE): In order to ensure effective implementation of the Executive Order concerning the ease of doing Business at Ports, the Management of the Nigerian Ports Authority (NPA) has commissioned a 24 hour emergency clinic to cater for health concerns, TRADE NEWSWIRE reports. A Socio-Economic Reformer and Managing Director of NPA, Hadiza Bala Usman, who declared open the clinic located ...

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Africa set to tackle piracy, other maritime crimes- Peterside

(TRADE NEWSWIRE): The Chairman of the Association of African Maritime Administrations (AAMA) Dr. Dakuku Peterside, has stated that Maritime Administrations (MARADs) in Africa are set to tackle the twin issue of piracy, sea crime and illegal migration in the continent, TRADE NEWSWIRE reports. The AMAA Chairman who disclosed this to maritime journalists at the sidelines of the International Maritime Organisation ...

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Global maritime politics: AAMA Chairman Dakuku Peterside champions Africa’s call for more representatives on Council

    . Seeks MoU on Capacity Building (TRADE NEWSWIRE): The Chairman of the Association of African Maritime Administration (AAMA), Dr. Dakuku Peterside has called for increased representation of the continent on the International Maritime Organization (IMO), Council and its Secretariat, TRADE NEWSWIRE reports. Peterside, who made the appeal when he led a delegation of some members of AAMA Executive Committee ...

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AAMA Chairman Dakuku Peterside storms IMO conference, meets African Representatives

  .Pledges better share of global maritime trade for Africa (TRADE NEWSWIRE): The Chairman of Association of African Maritime Administration ( AAMA), Dr Dakuku Peterside  has charged African stakeholders in the maritime sector to work together to ensure Africa takes its rightful place in the global maritime community, TRADE NEWSWIRE reports. Dakuku stated this in a meeting with representatives of ...

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Alleged 282 Missing vessels: ‘Vessels are not needles’- Advertorial

.Even needle can be sighted when it drops off hand if painstakingly looked for, not to talk of 282 vessels disappearing (TRADE NEWSWIRE): Following allegations that 282 Vessels got missing under the watch of the Nigerian Ports Authority (NPA) between 2010 and 2016 by the Senate Committee on Customs, Excise and Tariff, the management of the NPA wishes to issue the ...

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Amaechi, NPA MD Hadiza Usman attend NIWA International Conference & Exhibition -Photos

   

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NIMASA DG graces African Day of the Seas and Oceans celebration- Photos

   

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African seas, oceans posses huge economic opportunities- NIMASA DG

(TRADE NEWSWIRE): At a well-attended event by stakeholders and experts in the maritime sector to commemorate this year’s “Africa Day of Seas and Oceans”, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that Africa seas and oceans possess huge economic opportunities that can take the continent to the next level, TRADE ...

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Nakilat concludes half year 2017 with net profit of QR 409 million

    (TRADE NEWSWIRE): Nakilat recorded its financial results for the first half of the year ended 30 June 2017 with a net profit of QR 409 million compared to QR 501 million of the same period last year in 2016,TRADE NEWSWIRE reports. The lower profit was mainly attributed to the lower number of charter hire days in the current ...

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Executive Order: NIMASA commences 24-hour turnaround time for issuing Debit notes

  (TRADE NEWSWIRE): In compliance with the Presidential directive on the resumption of 24 hour port operations in Lagos ports, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a 24 hour turnaround time for analysing cargo manifests and issuing Debit Notes to Shipping Agents, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from the Head of ...

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Allegation: Nigerians should stop registering with nucdeng.top, its fraud-like – investigation

  (TRADE NEWSWIRE): Haven painstakingly followed the website http://nucdengi.top and http://ahadengi.club to actually unravel the authenticity of the e-commerce site, ordinarily, the investigation would have been carried out independently without informing the public, but it will be a hard task to do without getting the public involved in their activities because of the number of referrals demanded before payment could ...

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Nigerian Wrestling Federation executives at inauguration of National Sports Federations board- Photo

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9mobile to Host Abuja SMEs at its Market Access Forum

    (TRADE NEWSWIRE): In further demonstration of its commitment to the growth of start-up businesses, innovative and customer-friendly telecommunication company, 9mobile in partnership with the Enterprise Development Centre of the Pan Atlantic University will host Small and Medium Scale Enterprises (SMEs) in Abuja and environs at the 17th edition of its quarterly business networking and empowerment session, Market Access ...

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Port efficiency: AAMA chair identifies infrastructure, Regulatory framework as antidotes to make African ports competitive

   (TRADE NEWSWIRE): The Chairman, Association of African Maritime Administrators, Dr Dakuku Peterside, has identified investment in world class infrastructure; strengthened Regulatory Frameworks: enhanced Institutional Cooperation; and implementation of one-stop portals like the national single window and adequate Investment in human capital as remedial factors that will make African ports efficient and competitive, TRADE NEWSWIRE reports. Perterside, who is the ...

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FSRU Project: Nakilat in strategic alliance with Höegh LNG for ‘flexible delivery’ of LNG to global market

    (TRADE NEWSWIRE): Nakilat has signed a Memorandum of Understanding (MoU) with Höegh LNG to collaborate on the utilisation of Floating Storage and Regasification Unit (FSRU) as part of its strategic solutions to diversify and explore opportunities for effective and efficient delivery of LNG product to the global market  on Tuesday in Qatar, TRADE NEWSWIRE reports. (Floating Storage and ...

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Calabar Fire outbreak: NPA condoles with families, state government- Advertorial

  (TRADE NEWSWIRE): The management and board of the Nigerian Ports Authority commiserate with the Cross River State Government and families of people who lost their lives in the unfortunate fire incident which occurred at the Linc Oil and Gas tank farm located at the Calabar free trade zone facility on Sunday, July 16, 2017. The Authority has commenced an ...

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Executive Order: NPA commences Single Interface Cargo Examination in ports

    .No more other cargo examinations outside single interface .Approved govt agencies to implement Single Interface Cargo Examination in their designated locations at ports . Single Interface Cargo Examination to be implemented at ports across Nigeria (TRADE NEWSWIRE): Following the commencement of 24-hour port operations born out of Executive order issued by the Federal Government of late, a Socio-Economic ...

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Visitation: NPA MD Hadiza Bala Usman receives LSSTF to strengthen security in Lagos- Photos

  (TRADE NEWSWIRE): In view of her recent pledge to contribute to engendering safety and security of Lagos state, the Management of the Nigerian Ports Authority (NPA) led by a Socio-Economic Reformer and Managing Director of the NPA, Hadiza Bala Usman, has received the Management of the Lagos State Security Trust Fund (LSSTF) to this effect, TRADE NEWSWIRE reports. Members ...

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Security: NPA pledges continuous support for Lagos State Security Trust Fund

    (TRADE NEWSWIRE): The Management of the Nigerian Ports Authority (NPA) has pledged its support for the operations of the Lagos State Security Trust Fund (LSSTF), as part of its contributions to engendering safety and security of the state, TRADE NEWSWIRE reports In a statement obtained by TRADE NEWSWIRE from the Principal Manager, Public Affairs, NPA, Ibrahim Nasiru,a Socio-Economic ...

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Environmental protection: Let’s conserve marine ecosystem to sustain ocean resources- Peterside

      (TRADE NEWSWIRE): The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has called on stakeholders to conserve marine ecosystem for the sustenance of ocean resources so as to engender environmental protection, TRADE NEWSWIRE reports. Peterside, who made this appeal while speaking at a two-day Regional Conference on Marine Safety and Fisheries Protection ...

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Admirality law: No maritime sector without legal framework- NIMASA DG

    (TRADE NEWSWIRE): The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that there can be no maritime sector without admiralty law considering its strategic importance in the governance of every aspect of shipping, TRADE NEWSWIRE reports. Peterside, who stated this when the Executive members of the Nigerian Maritime Law Association (NMLA), ...

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Symbol of Unity: Nakilat installs ‘Tamim Al-Majd’ portrait in solidarity with Qatar

    (TRADE NEWSWIRE): Nakilat has installed a mural board- (portrait) of the artwork ‘Tamim Al Majd’ on Monday at its Head Office in Shoumoukh Tower, as a symbol of Unity to all Qataris and those residing in the State of Qatar, TRADE NEWSWIRE reports. In a statement obtained by TRADENEWSWIRE from Nakilat, present during the installation of the mural ...

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Lagos Island flood disaster: Note of warning to victim mockers, Islanders and the Government

    (TRADE NEWSWIRE): Yoruba elders say (Ojo n pa iyo inu ori n dun, ta ni ko mo pe bi ojo bada tan, orun lo ma ran lati yo ori na) English meaning (While the rain falls on salt and got it dissolved, shea-butter was making jest of salt as it dissolves, who does not know that once its ...

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Fire breaks out at London’s Camden Lock Market

LONDON: Firefighters have brought under control the blaze in a building in London’s Camden Market, the London Fire Brigade said on Monday (Jul 10). The cause of the fire was unknown and there were no immediate reports of any injuries or casualties. The London Fire Brigade said on Twitter the “fire is now under control but crews will be damping ...

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Iraq PM hails forces for securing Mosul ‘victory’

MOSUL: Iraq’s Prime Minister Haider al-Abadi visited Mosul on Sunday (Jul 9), hailing his forces for securing “victory” over the Islamic State group, their biggest yet against the militants. Abadi’s office said he was visiting “liberated” Mosul to congratulate his “heroic fighters”, but the premier later indicated he would only declare victory once final pockets of resistance were cleared. “Victory ...

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COSCO Shipping, Orient Overseas shares leap after lofty US$6.3 billion bid

SHANGHAI: COSCO Shipping’s and Hong Kong’s Orient Overseas International Ltd’s (OOIL) shares leapt on Monday after the Chinese shipping giant made a US$6.3 billion offer for its smaller rival on Sunday. Analysts said the pricing of the deal, at a 31.1 percent premium to OOIL’s previous close, was high given the global container shipping industry is only just beginning to ...

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North Korea warns of nuclear ‘tipping point’ over US bomber drill

SEOUL: North Korea on Sunday (Jul 9) lashed out at a live-fire drill the US and South Korea staged in a show of force against Pyongyang, accusing Washington of pushing the peninsula to the “tipping point” of nuclear war. The allies held the rare live-fire drill as tensions grew over the peninsula following the North’s first intercontinental ballistic missile (ICBM) ...

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NIMASA Executive Director, 23 others bag NSE Fellowship

    (TRADE NEWSWIRE): The Executive Director in charge of Operations in the Nigerian Maritime Administration and Safety Agency (NIMASA), Engineer Rotimi Fashakin, has been conferred with the Fellowship of the Nigerian Society of Engineers (FNSE), the umbrella body of the Engineering profession in Nigeria, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from the Head of Corporate ...

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Nakilat assumes management of LNG Al Sheehaniya

    (TRADE NEWSWIRE): Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Al Sheehaniya from STASCo (Shell Trading and Shipping Company Ltd.) with effect from 6 July 2017, as part of the planned and phased transition announced on 19th October 2016, TRADE NEWSWIRE reports. According to a statement obtained by TRADE NEWSWIRE from Nakilat Shipping Qatar ...

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Performance review: NPA MD Hadiza Usman receives report on implementation of 24-hours Port operation

  (TRADE NEWSWIRE):  A Socio-Economic Reformer and Managing Director of the Nigerian Ports Authority, Hadiza Bala Usman, has received a Joint Stakeholders Committee report on the 24-hours port operation so far implemented for performance review, TRADE NEWSWIRE reports. Upon receipt of the submitted Joint Stakeholders Committee report, NPA MD had consequently put in place effective machinery to comprehensively review the ...

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‘Welcome to Hell’ anti-G20 protests begin

HAMBURG: Several thousand demonstrators vowing to “Smash G20!” marched on Thursday (Jul 6) with Hamburg police bracing for possible violence from a hardcore of several hundred hard-left activists. Police put the number of participants at some 8,000 at the beginning of the procession that was due to head towards and encircle the venue for the Group of 20 summit starting ...

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France takes guns from people on list of might-be militants – minister

PARIS: France is confiscating weapons from roughly 100 people on a watchlist of potential Islamist militants, the interior minister said on Thursday, two weeks after state prosecutors said an assailant inspired by Islamic State had been a gun-club member. Minister Gerard Collomb was speaking ahead of a parliamentary vote to extend emergency search-and-arrest powers given to police after Islamist gunmen ...

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Transparency of operations: NPA welcomes Senate’s investigation of its JV Enterprises

  (TRADE NEWSWIRE): As part of her supports for transparent operations, a Socio-Economic Reformer and Managing Director of the Nigerian Ports Authority (NPA), Ms Hadiza Bala-Usman, has welcomed the decision of the Nigerian Senate to look into the activities of the Joint Venture Enterprises of the NPA with contracting companies, TRADE NEWSWIRE reports. The contracting companies in this regard are ...

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US, South Korea stage show of force after North Korea ICBM test

WASHINGTON: US and South Korean troops fired missiles into the waters off South Korea, the US military said on Tuesday (Jul 4), in a show of force after North Korea’s ICBM test. “The deep strike precision capability enables the (South Korean)-US alliance to engage the full array of time critical targets under all weather conditions,” the US Army said in ...

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North Korea test-fires ballistic missile ahead of G20 summit

SEOUL: North Korea test-launched a ballistic missile from its western region into the sea off its east coast on Tuesday, South Korea’s military said, ahead of a summit of leaders from the Group of 20 nations in Germany later this week. The missile flew for about 40 minutes and landed in Japan’s Exclusive Economic Zone (EEZ), the Japanese government said, ...

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A life of service to God & humanity: Kano-born Pan African leader Yusuf Maitama Sule goes home @ 88

  (TRADE NEWSWIRE): Yusuf Maitama Sule, the Dan Masanin Kano, who was born on October 1929 and died on 3rd of July 2017, was a politician, acclaimed orator and diplomat of note in Nigeria in particular and Africa in general, who lived a life of service to God and humanity, TRADE NEWSWIRE reports. In 1976, he became the Federal Commissioner ...

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GE closes Baker Hughes deal, becomes No. 2 oilfield service provider

HOUSTON: General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield service provider by revenue. The new company, to be called “Baker Hughes, a GE company,” will begin trading on Wednesday on the New York Stock Exchange under the stock ...

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Feeling unwanted and unwelcome, African migrants hit by new tax in Israel

TEL AVIV: Nine years ago, Teklit Michael fled Eritrea to avoid military conscription, survived a perilous journey across the Sinai peninsula and sought asylum in Israel. The 29-year-old Eritrean community organiser now works as a cook at a restaurant in south Tel Aviv – alone, without family and in legal limbo, awaiting a response to his asylum request. Since May, ...

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Total signs major Iran gas deal, defying US pressure

TEHRAN: French energy giant Total was set to defy US pressure on Monday (Jul 3), signing a multi-billion-dollar gas deal with Iran, the first by a European firm in more than a decade. Total is to invest an initial US$1 billion (€880 million) in the South Pars offshore gas field as part of a consortium with Chinese and Iranian firms. ...

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China opens up US$10 trillion bond market in liberalisation step

SHANGHAI: China on Monday (Jul 3) widened access to its US$10 trillion bond market, which analysts said will boost Beijing’s drive to internationalise the yuan and more deeply integrate its markets with the world financial system. The new window for foreign investors was opened via Hong Kong, where “qualified investors” such as central banks, sovereign wealth funds and major financial ...

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Islamic State cornered in Mosul as Iraq prepares victory celebrations

MOSUL, Iraq: Islamic State fighters were battling to hold on to the last few streets under their control in the Old City of Mosul on Monday, in what looked like a hopeless last stand in their former stronghold. In fierce fighting, Iraqi army units forced the insurgents back, cornering them in a shrinking rectangle no more than 300 metres (yards) ...

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Qatar responds to demands after deadline extended

KUWAIT: Qatar on Monday (Jul 3) responded to a list of demands from Saudi Arabia and its allies after they agreed to give a defiant Doha another 48 hours to address their grievances. Details of the response were not immediately available, but a Gulf official told AFP that Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani had delivered it during ...

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Trump talks North Korea threat in calls with China, Japan leaders

BRIDGEWATER, N.J.: The threat posed by North Korea was a key topic in phone calls between U.S. President Donald Trump and the leaders of China and Japan, along with trade issues, the White House said on Sunday. Trump spoke with Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe ahead of expected meetings with the leaders of Asia’s two ...

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Saudi Arabia, allies give Qatar two more days to accept demands

DUBAI/DOHA: Four Arab states which accuse Qatar of supporting terrorism agreed to extend until late on Tuesday a deadline for Doha to comply with a list of demands, as U.S. President Donald Trump voiced concern to both sides about the dispute. Qatar has called the charges baseless and says the demands – including closing Qatar-based al Jazeera TV and ejecting ...

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U.S. Warship Claims Freedom of Navigation

  The U.S. guided-missile destroyer USS Stethem sailed near a disputed island in the South China Sea claimed by China, Taiwan and Vietnam on Sunday. The freedom-of-navigation operation was designed to challenge the competing claims of all three nations, a U.S. Defense Department official said. The vessel sailed within 12 nautical miles of Triton Island, part of the Paracel Islands. ...

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Japanese Carriers Forge Ahead with Alliance

Kawasaki Kisen Kaisha (K-Line), Mitsui O.S.K. (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) have formally established a joint holding company for their container business alliance. The new company, named Ocean Network Express, includes terminal operation businesses outside Japan. The three companies have received all the necessary approvals with local competition laws, except for South Africa. In South Africa, the new ...

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CMA CGM Sells Stake in Los Angeles Terminal

  CMA CGM has signed a binding agreement for the sale of a 90 percent equity interest in the Global Gateway South terminal in Los Angeles for $817 million. CMA CGM is selling the share to EQT Infrastructure III and its partner P5 Infrastructure but will retain a minority 10 percent share of the terminal, which it acquired last year ...

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Keppel Readies World’s First FLNG Conversion

    Keppel Offshore & Marine’s subsidiary, Keppel Shipyard will soon deliver the world’s first converted floating LNG (FLNG) to Golar LNG. The vessel was named Hilli Episeyo at a ceremony in Keppel Shipyard on Sunday. Upon completion, the FLNG will be put in operation offshore Kribi, Cameroon, for Société Nationale des Hydrocarbures and Perenco Cameroon, and will be the ...

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‘Govt working to commence academic activities in Nigeria Maritime University next session’

  (TRADE NEWSWIRE): The Nigeria Maritime University (NMU), academic activities will possibly commence by next academic session owing to efforts of governments at both Federal and State levels to that effect, a Strategic Management Professional and Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said, TRADE NEWSWIRE reports. In a statement obtained by TRADE NEWSWIRE from ...

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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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