AMBODE RESTATES COMMITMENT TO $2.3BN BADAGRY DEEP SEAPORT PROJECT, MEETS APM TERMINALS REPS IN LONDON

Governor Akinwunmi Ambode of Lagos State on Thursday met with representatives of APM Terminals to advance the development of the Badagry Deep Sea Port project, restating his administration’s key strategic imperative to creating a friendly environment to encourage private sector participation in driving economic development in the State. At the meeting which took place in London, United Kingdom, Ambode said […]

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A.P. MOLLER MAERSK TO SPLIT INTO TRANSPORT, ENERGY DIVISIONS

Danish oil and shipping conglomerate A.P. Moller-Maersk said on Thursday it would split the the group into separate businesses for transport and energy as it faces headwinds in both sectors. “The industries in which we are operating are very different, and both face very different underlying fundamentals and competitive environments,” chairman Michael Pram Rasmussen said in a statement.

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