Maritime – Page 102 – City Business News

March 6, 2021 No Responses

NIMASA Partners Delta On Blue Economy

Governor . Dr Ifeanyi Okowa of Delta has pledged to partner the Nigerian Maritime Administration and Safety Agency (NIMASA) to build a virile blue economy in the country. Okowa made the pledge in a statement signed by Mr Philip Kyanet,...

March 4, 2021 No Responses

Shippers’ Council Mourns Justice Kafarati

The Board, Management and Staff of Nigerian Shippers’ Council, (NSC) have expressed sadness over the sudden passing of the former Chief Judge of the Federal High Court, Hon. Justice Abdul Kafarati. The Executive Secretary, NSC, Mr Hassan Bello, in a...

March 1, 2021 No Responses

Fitch: Global Container Shipping Rates High, Unsustainable

Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, according to Fitch Ratings.Spot freight rates will remain high in the short term which will flow through to contracted rates fo...

February 27, 2021 No Responses

World Trade Bounces Back To Pre-Coronavirus Levels

International trade recovered at the end of 2020 to pre-coronavirus levels, making up for the sharp hit from the COVID-19 pandemic in the first half of the year, Dutch economic policy adviser CPB said on Thursday.World trade increased 4% on...

February 26, 2021 No Responses

Shippers’ Council Partners NPA, Customs, Others On Vessel Inspection

The Nigerian Shippers’ Council (NSC), Nigerian Ports Authority (NPA) and other government agencies on Thursday disclosed the need to jointly collaborate to inspect vessels. The other government agencies include Nigeria Customs Service (NCS), Nigerian I...

February 25, 2021 No Responses

Seaport Deploys Drones To Maintain Safety

Port of Antwerp is deploying an autonomous drone for the first time to maintain safety at the port’s critical infrastructure. The fully-independent drone will test various use cases in the field of inspection and control, the goal being to establish...

February 17, 2021 No Responses

APM Terminals Apapa Lifts Operation With Four New RTG Cranes

APM Terminals Apapa, Nigeria has boosted its operation with the delivery of additional four Rubber Tyred Ganrty (RTG) cranes. Chief Operating Officer of APM Terminals, Apapa, Mr Steen Knudsen, explained onn Tuesday that it was part of a lar...

February 16, 2021 No Responses

CMA CGM Creates Air Cargo Division, Buys Four Aircraft

CMA CGM has unveiled a decision to create a specialised air freight division, CMA CGM Air Cargo. The move into air freight is said to strengthen the group’s transport and logistics business. To support its expansion, the CMA CGM Group...

February 14, 2021 No Responses

Shippers Council Pledges Enhanced Services

The Nigeria Shippers’ Council has pledged to scale up its services to Kogi Shippers to ensure an effective transport /maritime system. Zonal Director, North-Central Zone of the council, Mrs Ify Okolue, said this at the validation and inauguration of a n...

February 13, 2021 No Responses

Maersk CEO: Global Shipping Turmoil Expected To Calm Down By Mid-Year

The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, disappointing investors but signaling eventual relief for cargo shippers.A.P. Moller-Ma...

February 11, 2021 No Responses

Ports & Cargo Terminal Targets 300,000 TEUs In 2021

Ports & Cargo Handling Services, a subsidiary of SIFAX Group, is targeting 300,000 Twenty-foot Equivalent Units (TEUs) cargo capacity for 2021. Managing Director, Ports & Cargo Handling Services, Mr John Jenkins, disclosed this in a statement on ...

February 11, 2021 No Responses

Despite COVID-19, Maersk Attains $39.7b Revenue In 2020

A.P. Moller – Maersk, the world’s largest container carrier, has ended 2020 on a strong note despite the impact of COVID-19. The company’s underlying earnings before interest, tax, depreciation and amortisation (EBITDA) grew 44 pct. to $8.2bn and r...

February 9, 2021 No Responses

Maersk Appoints Vikash Agarwal MD For South Asia

Integrated container logistics firm Maersk has appointed Vikash Agarwal as its new Managing Director for South Asia, according to a company release on Monday.Agarwal, who moves to Maersk from CEVA Logistics, will join the com...

February 7, 2021 No Responses

Maersk Tankers Signs Sea Cargo Charter

Maersk Tankers has become a signatory of the Sea Cargo Charter, a global framework that establishes a common baseline for global traders to report on CO2 emission reductions of their shipping activities. The Sea Cargo Charter is consistent with the...

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Category: Maritime