Shanghai Dingheng Shipping Unveils Agenda to Build 100 Ships

Shanghai Dingheng Shipping Unveils Agenda to Build 100 Ships

Chinese tanker owner Shanghai Dingheng Shipping has inked a strategic cooperation agreement with local shipbuilders and steel and equipment manufacturers for its plan of constructing 100 ships in the next ten to twenty years.   The company’s parent Dinghen Group said...
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MOWCA Seeks Co-operation with Association of African Maritime Adminstration

MOWCA Seeks Co-operation with Association of African Maritime Adminstration

The Chairman of the Association of African Maritime Administration, (AAMA) Dr. Dakuku Peterside has stated that the maritime sector is crucial to the growth and development of the African economy.  The AAMA Chairman who stated this when the Secretary General....
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NIMASA, Nigeria Gas Association Seek Green Environment

NIMASA, Nigeria Gas Association Seek Green Environment

In continuation of its drive to ensure cleaner oceans and safer environment in the Nigerian maritime space, the Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed commitment to the green environment initiative, which is a global strategy...
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Indigenous shipowners may get nod to lift crude

Indigenous shipowners may get nod to lift crude

Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance and Freight (CIF) which would enable them to begin to lift Nigeria...
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Singapore seeks global maritime hub with $3.4b agenda

Singapore seeks global maritime hub with $3.4b agenda

Singapore has unveiled a new plan, the Sea Transport Industry Transformation Map (ITM), in an aim to grow the industry’s value-add by SGD 4.5 billion (USD 3.4 billion) by 2025. Specific initiatives have been laid out under the Sea Transport ITM,...
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Minister: Dakuku is not corrupt, has reduced NIMASA’s operating cost by 50 per cent

Minister: Dakuku is not corrupt, has reduced NIMASA’s operating cost by 50 per cent

The Minister of Transportation, Rotimi Amaechi has described the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside as an epitome of good governance and great character.    The Minister stated this in Por...
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NIMASA to aquire fast intervention vessels

NIMASA to aquire fast intervention vessels

In line with the recent approval by the Federal Executive Council (FEC), the Nigerian Maritime Administration and Safety Agency, NIMASA is set to acquire strategic maritime safety and security assets, which are also in line with the total spectrum of...
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NIMASA to unveil maritime forecast

NIMASA to unveil maritime forecast

As part of measures to reposition the maritime sector for greater efficiency in line with International best practices, the Nigerian Maritime Administration and Safety Agency (NIMASA) will release the empirical forecast that will determine the outlook of the i...
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HSH to sell shares in FSL Trust

HSH to sell shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, the sponsor of the trust. FSL Holdings, through FSL Asset Management, owns all...
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NIMASA DG at Shippers’ Council, seeks maritime framework for Africa

NIMASA DG at Shippers’ Council, seeks maritime framework for Africa

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that in order to harness the opportunities derivable from the Blue Economy in Africa, there is a need for a proper framework and structure...
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Maersk Line Pulls out of Transpacific Stabilization Agreement

Maersk Line Pulls out of Transpacific Stabilization Agreement

Danish container carrier, Maersk Line is withdrawing from the Transpacific Stabilization Agreement (TSA) this month as part of its commitments to regulatory authorities made in the context of the acquisition of Hamburg Süd. “In light of the commitments prov...
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