Maritime – Page 106 – City Business News

September 23, 2020 No Responses

Nigeria Mulls Tax Holiday For Maritime Sector

As part of measures to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation is seeking a package of tax incentives for the sector. Director-General of the Nigerian Maritime...

September 18, 2020 No Responses

NIMASA, Air Force To Deploy Assets For Deep Blue Project

Air assets acquired under the Deep Blue Project, also called the Integrated National Security and Waterways Protection Infrastructure, are set for deployment, the Chief of Air Staff, Air Marshal Sadique Abubakar, has said Abubakar said in a st...

September 15, 2020 No Responses

Nigeria Secures Sea Time For 400 Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) has secured more sea time berths for 400 cadets in spite of limitations caused by COVID-19 pandemic. In a statement on Monday, the Director-General of NIMASA, Dr Bashir Jamoh explained that the...

September 10, 2020 No Responses

Anxiety As 300,000 Seafarers Are Stuck At Sea

Some seafarers have now been on board their ships for more than 17 months, exceeding the 11-months limit set out in the Maritime Labour Convention (MLC), IMO Secretary-General, Kitack Lim has said. The IMO boss has also urg...

September 9, 2020 No Responses

CMA CGM Suspends Shipping Surcharge

The French Container Transportation and Shipping Company, CMA CGM, has announced suspension of the application of peak season surcharge on ships calling in Nigeria from October 1, 2020.Mrs Rakiya Zubairu, Head, Public Relations, Nigerian Shippers’ Council (N...

September 9, 2020 No Responses

Pirates Attack Vessel Off Nigeria

A Liberia-flagged reefer vessel has been reportedly attacked by perpetrators off the Nigerian coast. The ship, identified as Water Phoenix, was approached and boarded by an unknown number of persons some 31 nautical miles south-southwest of Lagos on 8 Septembe...

September 8, 2020 No Responses

CMA CGM Declares $7b Revenue In Q2

For the second quarter of 2020, French container shipping major, CMA CGM improved profitability in all its business activities despite challenges related to COVID-19. The company posted a net income of $136 million in Q2 2020, up sharply compared with...

September 8, 2020 No Responses

Diri: Nigeria’s Future Lies in Maritime Development

The Governor of Bayelsa, Sen. Duoye Diri, on Monday said Nigerian Maritime Administration and Safety Agency (NIMASA) was key in weaning Nigeria from its dependence on crude oil. A statement signed by Mr Philip Kyanet, Head, Corporate Communications, NIMA...

September 5, 2020 No Responses

Shippers’ Council Seeks Support For Abuja Children’s Home

The Nigerian Shippers Council (NSC) has urged stakeholders and well meaning Nigerians to support the effective operation of Abuja Children’s Home. Executive Secretary of the council, Hassan Bello, made the quest while presenting some items t...

September 4, 2020 No Responses

Nigeria, Korea Pledge to Deepen Cooperation in Shipping

Nigeria and South Korea have agreed to intensify their collaboration in trade and shipping development. This was disclosed in Lagos during a meeting between the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr...

September 4, 2020 No Responses

Shippers’ Council Inaugurates Shipping Insurance Technical Committee

Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, on Thursday said that insurance was a good way to mitigate the risks and additional cost in shipping.Bello stated this during the inauguration of the NSC and National Insurance Commissio...

September 1, 2020 No Responses

Maersk Line Suspends Peak Season Surcharge

The Nigerian Shippers’ Council (NSC) on Monday disclosed that MAERSK Line had instructed its commercial department to stop applying the peak season surcharge from September 1, 2020. Head of Public Relations, NSC, Rakiya Zubairu, in a statement on Monda...

August 30, 2020 No Responses

Nigeria To Deploy Special Mission Aircraft For Maritime Security

The Chief of the Air Staff, Air Marshal Sadique Abubakar, on Saturday said plans have been concluded for the deployment of a special mission aircraft to Benin to secure the maritime environment. Abubakar made this known during an on-the-spot assessment.....

August 28, 2020 No Responses

NPA To Receive 27 Ships At Lagos Seaports

The Nigerian Ports Authority (NPA) is expecting 27 ships laden with petroleum products, food items and other goods from August 28 to September 5, 2020. According to NPA’s `Shipping Position’, the ships are expected to arrive at the Lagos Port...

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Category: Maritime