Shippers Council, FRSC Inspect TinCan Island Ports’ Access Road, Insist On Uninterupted Truck Movement

Shippers Council, FRSC Inspect TinCan Island Ports’ Access Road, Insist On Uninterupted Truck Movement

Executive Secretary, Nigerian Shippers’ Council (NSC),  Mr Hassan Bello and some officers of the Federal Road Safety Corp(FRSC) on Monday toured the TinCan Island Ports to ensure effective truck movement. Head, Public Relations, NSC, Mrs Rakiya Zubairu, in a statement on...
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Osinbajo Unveils New Manual To Promote Transparency At Seaports

Osinbajo Unveils New Manual To Promote Transparency At Seaports

Aside the benefit of improved efficiency in the operations of the nation’s seaports, an effective implementation of innovative ideas in the port sector will rapidly change the narrative, the perception, and the ranking of Nigeria in the Corruption Perception...
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Ports & Cargo Terminal Donates Office Equipment To NPA

Ports & Cargo Terminal Donates Office Equipment To NPA

Ports & Cargo Handling Services Limited (PCHS), operator of Terminal C, Tin Can Island Port, Lagos, has donated some office equipment to the Nigerian Ports Authority to cushion the effect of the agency’s losses during the EndSARS protest that was...
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Experts Lament Inadequate Capacity For Green Recycling Of Large Ships

Experts Lament Inadequate Capacity For Green Recycling Of Large Ships

Lack of sufficient recycling capability among shipyards included in the EU list to dismantle large ships remains an issue, BIMCO has said. The EU Ship Recycling Regulation requires all large sea-going vessels sailing under an EU member state flag to ...
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Commission Rules Out Tax Exemptions For Seaports

Commission Rules Out Tax Exemptions For Seaports

The European Commission has requested from Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU State aid rules.   As explained, profits earned by port authorities from economic activities must....
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Abu Dhabi, Daewoo Seal $260m Contract For Three Crude Carriers

Abu Dhabi, Daewoo Seal $260m Contract For Three Crude Carriers

Abu Dhabi National Oil Company (ADNOC) has placed an order for three Very Large Crude Carriers (VLCCs) with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. The contract is worth KRW 282 billion ($ 260 million), according to the...
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Jamoh: NIMASA e-library Equipped To Bridge Industry Knowledge Gap

Jamoh: NIMASA e-library Equipped To Bridge Industry Knowledge Gap

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has said that its newly commissioned e-library was equipped to bridge the knowledge gap in the industry. Jamoh, who disclosed this in a statement on Sunday,&nb...
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Firm Receives World’s First Zero-Emission Vessel

Firm Receives World’s First Zero-Emission Vessel

The long-awaited zero-emission container vessel Yara Birkeland has been delivered to its owner Yara International, Norway-based shipbuilder Vard informed. Upon delivery, the vessel is scheduled to undergo testing for container loading and stability, before it ...
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Bayelsa, NIMASA Reiterate Maritime Partnership

Bayelsa, NIMASA Reiterate Maritime Partnership

The  maritime sector has great potential for the economic advancement of Bayelsa State, Governor Douye Dire has said.   According to Diri, his administration cherishes its relationship with the Nigeria Maritime Administration and Safety Age...
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Firms Unveil Agenda For Maritime Biofuel

Firms Unveil Agenda For Maritime Biofuel

Uniper Energy DMCC (UED), a supplier of very low sulphur fuel oil (VLSFO), and Neutral Fuels, a pioneer of net zero biofuels in the UAE, have teamed up to provide maritime biofuel in Fujairah, UAE.   The two companies plan to...
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Shipbreaking Cartel In Bangladesh Comes To An End

Shipbreaking Cartel In Bangladesh Comes To An End

After exactly two months in operation, the shipbreaking cartel in Bangladesh has collapsed as it failed to secure enough tonnage, GMS, the world’s largest cash buyer of ships for recycling, said.   During the sixty-day period ended 21 November, a f...
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Samsung Secures $2.5b Ship Block Deal

Samsung Secures $2.5b Ship Block Deal

South Korean shipbuilder Samsung Heavy Industries (SHI) has won a major ship block deal, the biggest ever single contract deal in the yard’s history.  The deal, revealed on Monday in a stock exchange filing, comes from an unnamed European shipowner...
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Danica: Each Crew Change Costing Up To $2,000 More Amid COVID-19 Impact

Danica: Each Crew Change Costing Up To $2,000 More Amid COVID-19 Impact

Individual crew changes are costing up to an additional $2,000, doubling the price since last year as a result of the COVID-19 pandemic, Danish-managed crewing specialist Danica has said. The crewing agency said that the figure resulted from analysing a...
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UNCTAD Warns Of Grim Maritime Trade

UNCTAD Warns Of Grim Maritime Trade

Global maritime trade will plunge in 2020 due to the unprecedented disruption caused by COVID-19, the United Nations Conference on Trade and Development (UNCTAD) said in a new report. The report, entitled the Review of Maritime Transport 2020, warns that...
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