Category: Maritime

Cosco shipping ports generates $155.5m revenue in Q3
October 29, 2017 No Responses

Cosco shipping ports generates $155.5m revenue in Q3

China-based Cosco Shipping Ports Limited delivered improved earnings, accompanied by greater volumes in the third quarter of 2017, driven by the growth of international trade. Amid improvement in international trade, and the support from shipping alliances and shipping fleets of parent company, the...
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MWUN at NIMASA,seeks sustained industrial peace
October 28, 2017 No Responses

MWUN at NIMASA,seeks sustained industrial peace

The President General of the Maritime Workers Union of Nigeria, Comrade Adewale Adeyanju has commended the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) led by Dr. Dakuku Peterside for creating the platform for sustained labour ...
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NIMASA to enforce strict observance to safety regulations at sea
October 27, 2017 No Responses

NIMASA to enforce strict observance to safety regulations at sea

The Director General of the Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated the Agency’s commitment towards the enforcement of strict safety regulations at sea, in order to ensure the protection of Marine Environ...
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NIMASA faults NLNG’s demand for $315m judgment debt
October 20, 2017 No Responses

NIMASA faults NLNG’s demand for $315m judgment debt

The Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos in the matter between Nigeria Liquefied Natural Gas (NLNG), Attorney General of the Federation, Global West Vessels Specialists Ltd and ...
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INTELS: NPA frustrated attempts to resolve TSA logjam
October 18, 2017 No Responses

INTELS: NPA frustrated attempts to resolve TSA logjam

The management of Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited says the present management of Nigerian Ports Authority (NPA) deliberately frustrated attempts to address the issues raised by introduction of the Treasury Single Account (TSA) i...
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NLNG demands $315m judgment debt from NIMASA
October 17, 2017 No Responses

NLNG demands $315m judgment debt from NIMASA

The Management of Nigeria LNG (NLNG) has formally issued a demand notice for the sum of $315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA).   According to NLNG, the sum represents the payments made under protest.....
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South Korea gets order for 26 new vessels in September
October 13, 2017 No Responses

South Korea gets order for 26 new vessels in September

Following the last year’s turmoil in the sector, shipyards from South Korea won the majority of orders worldwide in September 2017 and their order backlog increased for the first time in almost a 2-year period. Specifically, the country’s shipyards bagged....
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South African Regulator Approves Maersk Line’s Deal
October 8, 2017 No Responses

South African Regulator Approves Maersk Line’s Deal

South Africa’s competition tribunal has cleared Maersk Line’s proposed acquisition of German liner company Hamburg Süd. “The clearance is conditional upon Hamburg Süd’s withdrawal from the SAAF vessel sharing agreement operating in the South Africa...
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NLNG floors NIMASA in court as Dakuku vows to appeal
October 3, 2017 No Responses

NLNG floors NIMASA in court as Dakuku vows to appeal

By citybusinessnews@yahoo.com –  The Federal High Court sitting in Lagos today delivered judgment in favour of Nigeria LNG Limited (NLNG) in a case between the Company and the Nigerian Maritime Administration and Safety Agency (NIMASA) over applicabilit...
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NIMASA implores stakeholders on development, growth in maritime sector
October 3, 2017 No Responses

NIMASA implores stakeholders on development, growth in maritime sector

 The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the need for stakeholders to actively participate in the Nigerian maritime sector in order to support the growth of the country’s blue...
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COSCO shipyard secures orders for 10 new ships
September 29, 2017 No Responses

COSCO shipyard secures orders for 10 new ships

COSCO Shipyard Group, part of COSCO Shipping International (Singapore), has, through its subsidiaries, won contracts for up to ten new ships if all options are exercised. These include a contract for four 82,000 tons bulk carriers secured by COSCO (Zhoushan) ...
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Maritime Crimes: NIMASA partners Interpol
September 27, 2017 No Responses

Maritime Crimes: NIMASA partners Interpol

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that proper legal frame work, synergy and information sharing amongst government Agencies and Stakeholders will help curb the issues of c...
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COSCO gets $54m fleet renewal backing
September 26, 2017 No Responses

COSCO gets $54m fleet renewal backing

China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating f...
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‘Concerted efforts needed to stop menace of climate change’
September 25, 2017 No Responses

‘Concerted efforts needed to stop menace of climate change’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stressed the need for collaborative efforts to tackle the scourge of climate change. Dr. Dakuku stated this while speaking at an event on climate....
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