Category: Maritime

Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B
August 16, 2018 No Responses

Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B

The multimillion dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the Country millions of dollars in capital flight once operational.   The Director General of the Agency, Dr....
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Dakuku: We Are Committed To Repositioning NIMASA
August 14, 2018 No Responses

Dakuku: We Are Committed To Repositioning NIMASA

The Director-General, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has stressed that the Board and the entire management of the Agency are committed to ensuring that the Agency responds to its core mandate of advancin...
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Firm Begins Testing Of Scrubbers, LNG As Alternative Fuel
August 13, 2018 No Responses

Firm Begins Testing Of Scrubbers, LNG As Alternative Fuel

German container shipping company Hapag-Lloyd revealed in its half-year results that it is preparing two pilot projects as a way of getting ready for the IMO’s 2020 sulphur cap. Namely, the company is testing exhaust gas cleaning technology (scrubbers) on...
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Firms To Accelerate Adoption Of LNG As Marine Fuel
August 11, 2018 No Responses

Firms To Accelerate Adoption Of LNG As Marine Fuel

Mexico-based LNG company ÉNESTAS has joined SEA\LNG, a multi-sector industry coalition aiming at accelerating the adoption of LNG as a marine fuel. With the addition of ÉNESTAS, the SEA\LNG coalition bolsters its efforts to drive forward LNG as a marine fue...
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Firms Unveil Blockchain Shipping Solution
August 10, 2018 No Responses

Firms Unveil Blockchain Shipping Solution

A.P. Moller – Maersk and IBM have created TradeLens, a solution jointly developed by the two companies to apply blockchain to the world’s global supply chain.   This follows the January announcement when the duo unveiled the collaboration aimed at...
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Sarumi, Folarin To Speak At Taiwo Afolabi Maritime Conference
August 9, 2018 No Responses

Sarumi, Folarin To Speak At Taiwo Afolabi Maritime Conference

Chief Adebayo Sarumi, former Managing Director, Nigeria Ports Authority and Otunba Kunle Folarin, Chairman, Nigerian Ports Consultative Forum, will lead other maritime experts and stakeholders at the third edition of the Taiwo Afolabi Annual Maritime Conferenc...
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Maersk Lowers Profit Forecast amid Uncertainties
August 8, 2018 No Responses

Maersk Lowers Profit Forecast amid Uncertainties

A.P. Møller – Mærsk A/S has downgraded its profit guidance for 2018 amid growing uncertainties on the market impacting container freight rates including geopolitical risks, high bunker prices and trade tensions. As a result, Maersk forecasts that its EBITD...
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Newcastle Eyes Container Terminal
August 6, 2018 No Responses

Newcastle Eyes Container Terminal

A container terminal has been planned for Australian Port of Newcastle, the world’s largest coal export port which is now ready to diversify.     The new CEO of the port, Craig Carmody, has committed the Port of Newcastle to...
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Special Anti-Piracy Operation Gets Extension
August 4, 2018 No Responses

Special Anti-Piracy Operation Gets Extension

European shipowners have welcomed the EU’s decision to extend the Operation Atalanta until the end of 2020.  On July 30, the European Council decided to extent the mandate of EU NAVFOR Somalia’s operation until December 31, 2020. The objectives of...
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Firm Takes Delivery of LNG Carrier
August 2, 2018 No Responses

Firm Takes Delivery of LNG Carrier

Japanese shipping company Mitsui O.S.K. Lines (MOL) has unveiled its first transportation service contract with German utility company Uniper following the delivery of LNG Schneeweisschen, an LNG carrier. The 180,000 cbm newbuilding, jointly ordered by MOL ...
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Firm Orders 12 Ethane Carriers
July 29, 2018 No Responses

Firm Orders 12 Ethane Carriers

US investment banking and principal investment firm Delos Shipping has been linked to an order of up to twelve very large ethane carriers (VLECs). According to data provided by Asiasis, the company ordered the units from two South Korean shipbuilding...
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EU, US To Boost LNG Trade, Hold Further Tariffs
July 28, 2018 No Responses

EU, US To Boost LNG Trade, Hold Further Tariffs

  The trade relations between the United States and Europe, which were on roller coaster ride over the past few months amid trade tariff threats and retaliation measures being thrown from each side, seem to be on the path of...
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Dakuku: Creation Of More Agencies Not Solution To Maritime Security Challenges
July 27, 2018 No Responses

Dakuku: Creation Of More Agencies Not Solution To Maritime Security Challenges

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that creating additional agencies in the maritime sector would only overburden the sector; adding that what needed to be done was to strengt...
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NIMASA Sets Up Committee On Sustainable Blue Economy
July 26, 2018 No Responses

NIMASA Sets Up Committee On Sustainable Blue Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that partnership is a crucial element to the effective utilization of Africa’s maritime resources, just as a committee of Stakeholders has...
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