Category: Maritime

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) Shipyard....
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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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ESL names 2nd LNG-Fueled Bulker
September 24, 2017 No Responses

ESL names 2nd LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has named Haaga, the second of the company’s two LNG-fueled dry cargo vessels.   The naming ceremony took place at the Jinling shipyard in Nanjing, China, on September 22,...
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Ports & Cargo resumes handling of general Cargo, receives first voyage vessel from Singapore
September 23, 2017 No Responses

Ports & Cargo resumes handling of general Cargo, receives first voyage vessel from Singapore

Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group has made history again at its terminal with the arrival MV Maritime Challenger, a brand new general cargo vessel that embarked on its first ever voyage to any port...
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Develop maritime infrastructure, NIMASA boss tells African countries
September 21, 2017 No Responses

Develop maritime infrastructure, NIMASA boss tells African countries

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that with the potentials of the African maritime sector, competitive operating environment, proper regulation, incentives and infrastru...
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CMA CGM places order for nine 22,000 TEU ships
September 17, 2017 No Responses

CMA CGM places order for nine 22,000 TEU ships

 French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of 2017. “In order to keep pace with market growth and the group’s needs, the Board of Directors...
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Cosco to acquire 76% stake of APMT Zeebrugge Terminal
September 12, 2017 No Responses

Cosco to acquire 76% stake of APMT Zeebrugge Terminal

Dutch container terminal operator APM Terminals has reached a deal to sell its 76% share in the APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports. Under the agreement signed between APM Terminals and the Hong Kong-based subsidiary of China C...
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Korean firm to build 15 LNG carriers for Russia
September 11, 2017 No Responses

Korean firm to build 15 LNG carriers for Russia

A Korean company has received a contract to build 15 ice-breaking LNG carriers for Russia, the President of South Korea Moon Jae-in said while speaking at the Eastern Economic Forum in Vladivostok.   The tankers are said to be intended for the transpo...
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Qatar inaugurates new seaport
September 6, 2017 No Responses

Qatar inaugurates new seaport

Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani has inaugurated  the Hamad Port in Umm Al Houl. The port, located 40km south of Doha, is the largest of its kind in the Middle East and has the capacity to handle all...
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Seaport operator to expand container facilities
September 4, 2017 No Responses

Seaport operator to expand container facilities

Malaysian port operator, Westports Holdings Berhad (Westports) informed that its wholly-owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), has received an approval-in-principle (AiP) to expand its container facilities from Container Terminal 10 (CT10) to Con...
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COSCO Shipping records $26.3m profit in six months
August 30, 2017 No Responses

COSCO Shipping records $26.3m profit in six months

COSCO Shipping International (Hong Kong) Limited witnessed a rise in its earnings during the first half of 2017, driven by long-awaited signs of recovery in the shipping industry.   For the six months ended 30th June 2017, the group’s profit...
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Dakuku: We are ready to disburse CVFF Fund according to Law
August 29, 2017 No Responses

Dakuku: We are ready to disburse CVFF Fund according to Law

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured Nigerian shipowners that the agency is making frantic efforts to disburse the Cabotage Vessel Financing Fund (CVFF) in line with set down regul...
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