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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
 Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such potential investors is the fourth largest shipping group in the world, STX Group, which has indicated interest in investing in the Nigerian maritime sector and has scheduled a visit to Nigeria in June this year.
This was disclosed when the director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, met with representatives of the group at the just concluded 11th edition of the Asia Pacific Maritime Expo 2010, which took place in Singapore.
At the meeting, Omatseye educated them on the opportunities in the Nigerian maritime sector to which the deputy president of the STX group, Yao Han Thung, who led the delegation from STX, admitted ignorance.
Enlightened about the Nigerian maritime potential, Thung then said that his company is delighted at the prospect of investing in Nigeria and immediately scheduled a visit to Nigeria in June.
In a release signed by the deputy director, Public Relations of NIMASA, Ego Nwokocha, she noted that NIMASA has assured investors from the Asian region of a conducive investment atmosphere in Nigeria in its quest to attract Foreign Direct Investment into the Nigerian maritime sector.
According to the release, NIMASA DG gave the assurance during his meeting with various maritime stakeholders at the just concluded Asia Pacific Maritime Expo, where over 800 leading international organizations in the maritime sector from 52 countries converged for the exhibition on latest trends in marine equipment, technology services and policies and Nigeria was the only African country.
Omatseye described the agency's participation as highly rewarding for the Nigerian maritime sector. He said, "It is interesting to see all these potential investors coming to make enquiries about the Nigerian maritime industry. I am sure the nation will soon start enjoying the benefits of this campaign.
"We have also learnt a lot from our participation and we will surely implement all we have learnt from here". He said.
The potential investors were educated on investment opportunities in the Nigerian maritime sector, reasons why they should invest in Nigeria, and details about NIMASA. Omatseye described the world as a global village where effective collaboration between nations will be symbiotic in nature and enhance maritime safety the world over.
The NIMASA helmsman also led a delegation from the Agency to meet with the management of the Maritime Ports Administration of Singapore where avenues of cooperation were explored.
The group director of Policy and Planning, Yee Cheok Hong, commended NIMASA for reaching out to them and promised cooperation in the area of capacity building, encouraging Singaporean maritime service providers to explore the Nigerian maritime industry, and in the area of ship building and acquisition.
While commending NIMASA for the initiative to attract foreign direct investment into Nigeria from Asia in general and Singapore in particular, the Nigerian ambassador to Singapore, Adegoke Osunkeye pointed out that the embassy have been inundated with request from indigenous shipowners in Singapore for information about the Nigerian maritime sector.
The embassy also collaborated with NIMASA at the exhibition by educating Asians on travel to Nigeria.
The Chairman, House Committee on Marine Transport, Ifeanyi Ugwuanyi, who was also at the Asian Maritime Expo, described the event as an ideal environment to network for investment.
He commended the management of NIMASA for taking the lead in exploring the Asian market and restated the commitment of Nigerian lawmakers to formulating policies that will make Nigeria an investor friendly environment.
Singapore is considered the maritime hub of the Asian continent and has an economy predominantly dependent on maritime trade. It is also considered as one of the emerging Asian Dragons.
Chairman, Indigenous Ship owners Association of Singapore, Richard Lee, described the Nigerian shipping sector as highly viable adding that the time has come for effective collaboration between indigenous ship owners in Singapore and their counterparts in Nigeria, who also had a delegation led by chairman, Indigenous Ship Owners Association of Nigeria, (ISAN), Isaac Jolapamo.
Source: Daily Independent / Hellenic Shipping
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Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complain ...
Thursday, 08 April 10
NAPOCOR GETS ONE OFFER AT COAL TENDER - ABS CBN
ABS- CBN News reported that, Philippine power producer National Power Corp. (Napocor) is likely to buy 50,000 tons of steam coal from PT Berau Coal ...
Wednesday, 07 April 10
DRY BULK MARKET LOOKING FOR DIRECTION
The dry bulk market has kept a low profile during the past week, as evidenced by the small changes of a usually rather turbulent Baltic Dry Index (B ...
Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power st ...
Tuesday, 06 April 10
UAE STEEL TRADERS FEAR LOSSES ON GLOBAL HIKE
A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-depen ...
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Showing 5896 to 5900 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Australian Coal Association
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
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