Navigating the Challenges of Mediterranean Security- SHADE MED 2023

Navigating the Challenges of Mediterranean Security- SHADE MED 2023

Navigating the Challenges of Mediterranean Security- SHADE MED 2023 EUNAVFOR MED and MARCOM jointly organized the SHADE MED conference, held between December 6 and 7 in Rome, with a focus on discussing Mediterranean maritime security. In its 12th edition, this year’s conference addressed the theme, underscoring the ongoing commitment to addressing and navigating the complex…

Nigeria Among Eight Gulf of Guinea Countries Confronting Piracy Challenges

Nigeria Among Eight Gulf of Guinea Countries Confronting Piracy Challenges

Nigeria Among Eight Gulf of Guinea Countries Confronting Piracy Challenges Nigeria is one of the eight countries situated in the Gulf of Guinea (GoG), along with Benin, Côte d’Ivoire, Ghana, Guinea, Liberia, Sierra Leone, and Togo. The Gulf of Guinea encompasses the northeastern part of the tropical Atlantic Ocean, extending from Cape Lopez in Gabon…

Senior Marine Suggests U.S. Should Capitalize on China's Recent 'Malign Behavior

Senior Marine Suggests U.S. Should Capitalize on China’s Recent ‘Malign Behavior

Senior Marine Suggests U.S. Should Capitalize on China’s Recent ‘Malign Behavior “Like when you’re ramming ships, when you’re using water cannons, when you’re using underwater sonar, lasers blinding people — not helpful, not helpful at all,” said Brig. Gen. Stephen Lightfoot. The escalating “increasingly malign behavior” exhibited by China in the southwest Pacific may be…

African Development Bank Greenlights $1 Billion Guarantee from the United Kingdom to Back South Africa's Just Energy Transition

African Development Bank Greenlights $1 Billion Guarantee from the United Kingdom to Back South Africa’s Just Energy Transition

African Development Bank Greenlights $1 Billion Guarantee from the United Kingdom to Back South Africa’s Just Energy Transition The Board of Directors of the African Development Bank Group has sanctioned a groundbreaking $1 billion guarantee program in partnership with the UK Foreign Commonwealth and Development Office (FCDO). This collaboration will empower the Bank to amplify…

Philippines and India to Conduct Maritime Partnership Exercise in West Philippine Sea

Philippines and India to Conduct Maritime Partnership Exercise in West Philippine Sea

Philippines and India to Conduct Maritime Partnership Exercise in West Philippine Sea India and the Philippines are conducting a maritime partnership exercise (MPX) in the West Philippine Sea to enhance maritime cooperation. The exercise involves India’s warship INS Kadmatt and the Philippine Navy’s BRP Ramon Alcaraz. The collaboration aims to boost interoperability and share best…

Activator HQ Unveils Africa’s Top 100 Business Opportunities to Monitor in 2024

Activator HQ Unveils Africa’s Top 100 Business Opportunities to Monitor in 2024

Activator HQ Unveils Africa’s Top 100 Business Opportunities to Monitor in 2024 The 2024 edition of the “Top 100 Business Opportunities in Africa to Watch,” an annual selection of lucrative business ideas and investment opportunities, has been released by Activator HQ. Despite challenges such as rising food and fuel costs, currency depreciation, climate change impacts,…

Dark Fleet Tanker Grounds Near Singapore, Prompting Response Efforts

Dark Fleet Tanker Grounds Near Singapore, Prompting Response Efforts

Dark Fleet Tanker Grounds Near Singapore, Prompting Response Efforts The “dark fleet” tankers, and vessels involved in carrying oil from countries such as Russia, Venezuela, and Iran, pose serious challenges for both Western sanctions enforcement and maritime safety. These tankers, characterized by their older age and light regulation, present a heightened risk of accidents and…

Nigeria’s NOC NNPC faces $3bn backlog on petrol payments - Sources

NNPC Ltd Secures LNG Deals for Domestic and International Markets at COP28 in Dubai

NNPC Ltd Secures LNG Deals for Domestic and International Markets at COP28 in Dubai In a bid to boost natural gas utilization and enhance Nigeria’s gas revenue, NNPC Ltd has signed two major agreements for the delivery of LNG to both the domestic and international markets. The agreements were signed on the sidelines of the…

$1.28bn Divestment: Seplat Confirms NNPC's Termination of Court Case

Seplat Energy COO Commends Divestment Initiatives in Nigeria’s Energy Sector

Seplat Energy COO Commends Divestment Initiatives in Nigeria’s Energy Sector The Chief Operating Officer of Seplat Energy Plc, Mr. Samson Ezugworie, has highlighted the success of divestment in Nigeria’s petroleum upstream sector in terms of value creation, realization, and retention for the economy. Speaking during a panel discussion at the 12th Practical Nigerian Content Forum,…

Bulker Faces Consequences for Bilge Discharge Off Australian Coast

Bulker Faces Consequences for Bilge Discharge Off Australian Coast

Bulker Faces Consequences for Bilge Discharge Off Australian Coast The owner and master of a Chinese bulker, TS Golf, is facing legal trouble in Western Australia due to an ill-timed discharge of bilgewater. The vessel’s chief mate pumped sulfur-contaminated bilge water from a cargo hold when the ship was transiting off Esperance, 15 nautical miles…