Category: Maritime

ISPS Code: NIMASA Seals Heyden Petroleum Jetty, NIPCO, Others
July 25, 2018 No Responses

ISPS Code: NIMASA Seals Heyden Petroleum Jetty, NIPCO, Others

As part of measures to ensure total compliance with the provisions of the International Ships and Ports Facility Security (ISPS) code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has taken stern measures against three alleged erring facilities namely; Heyden...
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Nigerdock Lauds SIFAX Ferry After Facility Inspection
July 25, 2018 No Responses

Nigerdock Lauds SIFAX Ferry After Facility Inspection

Nigerdock Nigeria Limited has commended SIFAX Group for the quality service and excellent facilities it has put in place for the recently-launched ferry service. The ferry service is currently available on Ebute-Ojo-Apapa and Mile 2 – Apapa routes. Nigerdock...
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Terminals In Europe, Australia Lift DP World’s Performance By 4.8 Per cent In Six Months
July 25, 2018 No Responses

Terminals In Europe, Australia Lift DP World’s Performance By 4.8 Per cent In Six Months

Despite geopolitical tensions, Dubai-based port developer DP World said that the first half of 2018 saw an upswing in global trade, especially at its container terminals in Europe and Asia. The port operator reported a 4.8 pct growth in gross container...
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Nigeria Lifts Suspension On Maersk Line, Cosco, Two Others
July 24, 2018 No Responses

Nigeria Lifts Suspension On Maersk Line, Cosco, Two Others

The Management of Nigerian Ports Authority (NPA) has ordered restoration of services to the four shipping Companies whose operations were suspended for their alleged failure to comply with the directive of acquiring and operating holding bays for their contain...
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Samsung Secures $366.1M Contract For Special-Purpose Ships
July 24, 2018 No Responses

Samsung Secures $366.1M Contract For Special-Purpose Ships

South Korean shipbuilder Samsung Heavy Industries (SHI) has won a deal for the construction of three special-purpose ships worth KRW 415.7 billion ($ 366.1 million).  The shipbuilder said the order was received from an undisclosed North American shipowner. T...
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Firm Gets 1st LNG-Powered Ship
July 23, 2018 No Responses

Firm Gets 1st LNG-Powered Ship

U.S.-based shipping company Crowley Maritime Corporation has taken delivery of its first LNG-powered Combination Container Roll-on/Roll off (ConRo) ship from VT Halter Marine. El Coquí, which is one of the first ConRos in the world, is also the first of two....
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‘Consolidation Between Top Tier Carriers Unlikely’
July 22, 2018 No Responses

‘Consolidation Between Top Tier Carriers Unlikely’

The consolidation between top tier carriers such as French liner giant CMA CGM and its German counterpart Hapag-Lloyd is unlikely, according to Simon Heaney, Senior Manager for Container Research at Drewry. As explained by Heaney, the merger of carriers of su...
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NPA Hosts International Maritime Conference
July 21, 2018 No Responses

NPA Hosts International Maritime Conference

The Nigerian Ports Authority would be hosting the International Association of Ports and Harbours (IAPH) Africa Regional Conference in Abuja, Nigeria between 17 – 19 September, 2018.  According to information obtained from the Local Organising Commi...
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Firm Ships 1st LNG Cargo To China
July 20, 2018 No Responses

Firm Ships 1st LNG Cargo To China

Russian gas company PAO Novatek has shipped its first cargoes of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. To commemorate the occasion, the arrival of LNG carriers Vladimir Rusanov and Eduard...
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LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio
July 15, 2018 No Responses

LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio

French energy giant Total has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.5 billion. Should the oil market mark a major improvement in the coming years, Total’s...
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Nigeria Suspends Maerskline, Cosco, Two Others
July 14, 2018 No Responses

Nigeria Suspends Maerskline, Cosco, Two Others

The Nigerian Ports Authority (NPA) has announced a ten-day suspension of the services of Maerskline, Cosco Shipping, APS and Lansal with effect from July 14, 2018 as part of efforts to resolve the protest by truck drivers at the Lagos...
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Holding Bays: NPA To Sanction Shipping Firms, Terminal Operators
July 13, 2018 No Responses

Holding Bays: NPA To Sanction Shipping Firms, Terminal Operators

The Nigerian Ports Authority (NPA) is to sanction shipping firms and terminal operators over failure to comply with agreement on holding bays.   The agreement which was reached in November, 2017 between the Shipping Companies, Terminal Operators and the NPA,...
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NIMASA Engages CBN On Special Interest Rate
July 10, 2018 No Responses

NIMASA Engages CBN On Special Interest Rate

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has disclosed that the Agency is engaging the Central Bank of Nigeria to create a special interest rate for maritime assets acquisition in Nigeria stating t...
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LNG: Japan To Launch First Bunkering Vessel in 2020
July 9, 2018 No Responses

LNG: Japan To Launch First Bunkering Vessel in 2020

Central LNG Shipping Japan Corporation (CLS)  has placed an order for a 3,500 m3 LNG bunkering vessel (LBV) on July 6, the first to be operated in Japan. The joint venture company, established by Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota...
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