Category: Maritime

CMA CGM Secures $1.1b Loan
May 13, 2020 No Responses

CMA CGM Secures $1.1b Loan

French container shipping major, CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan. According to the company, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70%...
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Maritime Law Association Inaugurates Committee To Review Admiralty law
May 13, 2020 No Responses

Maritime Law Association Inaugurates Committee To Review Admiralty law

The Nigerian Maritime Law Association has inaugurated a 16-member committee to ensure review of procedural rules and substantive laws as part of measures to boost industry confidence in dispute resolution.  A statement issued by the President of the Assoc...
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Group Seeks Quarantine Exception For 200,000 Seafarers, Maritime Workers
May 12, 2020 No Responses

Group Seeks Quarantine Exception For 200,000 Seafarers, Maritime Workers

The UK Chamber of Shipping — the voice of the country’s shipping industry — has urged the UK government to exempt seafarers and maritime workers from any quarantine restrictions planned to be imposed. The trade association has also called on the...
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COSCO, Firm Complete Trial Of 5G Smart Seaports
May 12, 2020 No Responses

COSCO, Firm Complete Trial Of 5G Smart Seaports

An automated driverless truck for containers on Monday delivered containers to load a containership and collected unloaded containers from the vessel at the Port of Xiamen, passing a trial run as part of a project aimed at developing 5G smart...
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Group Tasks NIMASA, NESREA, Others On Cause Of Dead Fishes Along Coastline
May 8, 2020 No Responses

Group Tasks NIMASA, NESREA, Others On Cause Of Dead Fishes Along Coastline

Stakeholders in the Niger Delta have called on regulatory agencies to expedite investigations into the dead fishes littering the Atlantic Ocean coastline. The stakeholders made the call in a report titled “Massive Death of Fishes across the Atlantic Coastlin...
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COVID-19: SIFAX Group Boss Lists Recovery Strategies For Businesses
May 8, 2020 No Responses

COVID-19: SIFAX Group Boss Lists Recovery Strategies For Businesses

In order for businesses to survive the current economic crunch as a result of the COVID-19 pandemic, a comprehensive review of business processes and operations as well as willingness to adapt to new realities will be key. According to Mr....
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Seaport Secures $500m Loan
May 7, 2020 No Responses

Seaport Secures $500m Loan

The Port of Long Beach has secured a $500 million loan from the U.S. Government to help finance a massive infrastructural project aimed at allowing larger ships to enter the port. “This $500 million federal investment reflects the President’s continued...
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WISTA Canvasses Support For Seafarers
May 6, 2020 No Responses

WISTA Canvasses Support For Seafarers

The Women’s International Shipping and Trading Association, on Wednesday announced  new initiative aimed at seafarers.  Under the arrangement, WISTA Norway, WISTA UK, WISTA Singapore, WISTA Brazil, and WISTA Argentina have come together to off...
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Customs Impounds Cocaine At Seaport
May 6, 2020 No Responses

Customs Impounds Cocaine At Seaport

Customs officers have found around 500 kilograms of cocaine on board a bulker that  arrived in the Port of Hamburg. The large-scale operation, which lasted several days, ended with an arrest and confiscation of illicit drugs during. One of the...
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Seaport Gets New Stevedoring Firm
May 5, 2020 No Responses

Seaport Gets New Stevedoring Firm

Marine Terminals Corporation (Ports America), Ceres Marine Terminals and SSA Atlantic LLC have formed a joint venture company to provide container terminal and stevedoring services in the Port of Charleston in South Carolina. The new joint venture, known as Ch...
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16 Seafarers Kidnapped In Lagos, Gabon
May 4, 2020 No Responses

16 Seafarers Kidnapped In Lagos, Gabon

Over the past five days, a total of 16 seafarers were kidnapped by pirates off the coast of West Africa, marking a continuation of rampant pirate activity in the region. Ten mariners were kidnapped in an attack reported by Dryad...
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Shippers’ Council Explains Phased Resumption Of Duties
May 4, 2020 No Responses

Shippers’ Council Explains Phased Resumption Of Duties

The Executive Secretary/Chief Executive Officer, Nigerian Shippers’ Council (NSC), Hassan Bello has advised all staff to stay safe and observe personal hygiene, physical distancing and wearing of face masks.  In a memo announcing phased resumption of du...
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CRFFN To Freight Forwarders: Don’t Embark On Strike
May 4, 2020 No Responses

CRFFN To Freight Forwarders: Don’t Embark On Strike

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) on Sunday in Lagos urged freight forwarders to suspend their strike. The appeal is contained in a letter by Mr Sam Nwakohu, Registrar/Chief Executive Officer of CRFFN, to heads...
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Apapa Freight Shuttles Top Priority As NRC Resumes Monday
May 2, 2020 No Responses

Apapa Freight Shuttles Top Priority As NRC Resumes Monday

The Mass Transit Train Services (MTTS) in Lagos State will not resume yet in spite of the gradual easing of COVID-19 lockdown in the state, the Nigerian Railway Corporation (NRC) disclosed on Saturday.  The Lagos Railway District Manager, Mr Jerry...
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