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 industry in...
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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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NIMASA secures seatime training for 289 cadets in Egypt, UK

NIMASA secures seatime training for 289 cadets in Egypt, UK

By citybusinessnews@yahoo.com  –       The Nigerian Maritime Adminstration and Safety Agency (NIMASA) has concluded arrangement  for 289 cadets to proceed to Egypt and the United Kingdom between this month and January 2018 for seatime training in O...
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INTELS wins Nigerian Shippers’ Council CSR award

INTELS wins Nigerian Shippers’ Council CSR award

Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), which is a Federal Governmen...
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Dakuku: Nigeria spent ‘less than N100m’ on IMO election campaigns

Dakuku: Nigeria spent ‘less than N100m’ on IMO election campaigns

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday in Lagos identified late preparations as a major factor responsible for the inability of Nigeria to secure a seat in the category ‘C’ of International Maritime Organisation (IMO).  ...
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APM Terminals unveils refrigerated truck transport

APM Terminals unveils refrigerated truck transport

APM Terminals, in conjunction with Naija Pride and with the assistance of international development groups is working to provide modern cold chain transportation alternatives for farmers in the agricultural centers of northern Nigeria as part of measures to br...
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NIMASA to partner defence agencies on research, development

NIMASA to partner defence agencies on research, development

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector.   .....
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CMA CGM Wraps Up Mercosul Takeover from Maersk Line

CMA CGM Wraps Up Mercosul Takeover from Maersk Line

French shipping major, CMA CGM has completed the acquisition of Brazil’s container shipping line, Mercosul Line from Maersk Line. CMA CGM and Maersk Line announced the deal in June as part of Maersk Line’s move to acquire Hamburg Süd, which...
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EU approves COSCO’s OOCL takeover

EU approves COSCO’s OOCL takeover

The European Commission has given the green light to COSCO Shipping’s bid to take over Orient Overseas (International) Limited. Under the offer launched in July, COSCO Shipping Holdings and Shanghai International Port Group (SIPG) seek to acquire all issu...
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Maritime workers vow to shut Saipem over $29m debt

Maritime workers vow to shut Saipem over $29m debt

The Maritime Workers Union of Nigeria (MWUN) has vowed to shut down the operations of Saipem in Nigeria over the company’s indebtedness running into more than $29 million (N10.6 billion) for various services at the port. President-General of MWUN, Comrade...
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China to Conduct Ship Pollution Control

China to Conduct Ship Pollution Control

China has launched a year-long inspection campaign on Ship Pollution Control in the Hainan Province as part of its efforts to reduce air and water pollution associated with shipping, marine insurer Gard said. The Chinese Maritime Safety Authority (MSA) said i...
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Flame-Defying Maritime Pilots Win IMO Bravery Award

Flame-Defying Maritime Pilots Win IMO Bravery Award

Two maritime pilots who defied fire to bring a burning ship to safety, averting a major maritime catastrophe, received the 2017 IMO Award for Exceptional Bravery at Sea during the 2017 IMO awards ceremony, held on November 27. Pilots Captain...
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