CMA CGM in exclusive talks to acquire Bollore Logistics in €5bn deal
Photo: SSA Marine CMA CGM PATAGONIA IN MIT CMA CGM is looking to further expand its logistics business with it entering into exclusive talks to acquire Bollore Logistics. Bollore said…
IMO receives technical feasibility assessment on shipping decarbonisation
A study on the readiness and availability of low- and zero-carbon ship technology and marine fuels, commissioned by IMO under its Future Fuels and Technology for Low- and Zero-Carbon Shipping…
OPEC keeps world oil demand growth outlook unchanged
The OPEC Reference Basket ORB declined in March by $, or cent, m-o-m to average $ The ICE Brent first-month contract fell by $, or cent, m-o-m to $, while…
IMB records 30-year low global piracy attacks in Q1…As Gulf of Guinea incidents further decline
The ICC International Maritime Bureau IMB has recorded the lowest level of reported global piracy and armed robbery incidents since 1993 but calls for continued vigilance and naval response in…
Crisis rocks MARAN over mismanagement of N6m cooperative fund…Integrity group petitions Lagos Commerce Ministry
A major crisis has erupted in the Maritime Association of Nigeria MARAN, over the alleged mismanagement of funds of the association’s Cooperative Society fund estimated at over N6million by a…
SIFAX Group appoints Odeyemi group head, legal services
*Odeyemi SIFAX Group, a conglomerate with investments in maritime, aviation, logistics, oil & gas, financial services and hospitality, has appointed a new group head, legal services/Company Secretary. She is Jesuyemisi…
Nigeria’s future lies in her rich Blue Economy, says DG NIMASA
From left: Member, Board of Trustees, Centre for Financial Journalism; Dr Uju Ogubunka, Chairman of the Centre, Mr. Ernest Ebi, Special Adviser to the President on Media and Publicity; Mr.…
We promoted our directors strictly on merit, says DG NIMASA
DG NIMASA, Dr. Bashir Jamoh, OFR. The Nigerian Maritime Administration and Safety Agency NIMASA, has stoutly defended its recent promotion exercise, which has become an annual ritual, in which two…
OECD, Nigeria meet to maximise benefits of Two-Pillar Tax Solution
Executive Chairman, FIRS, Muhammad Nami. A delegation from the Organisation for Economic Co-operation and Development OECD met with Nigeria’s representatives April 4th and 5th 2023, at a workshop it jointly…
China-Russia vs. US-EU: How global shipping slowly splits in two
Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait. Last summer’s meeting between Taiwan President Tsai Ing-wen and Nancy Pelosi prompted Chinese…
