Shipping Firm To Introduce Fuel Surcharge

Shipping Firm To Introduce Fuel Surcharge

  South Korean liner company Hyundai Merchant Marine (HMM) is joining the club of liner giants that are planning to add fuel adjustment surcharge ahead of the 2020 sulphur cap. The company said that the surcharge would be introduced in...
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World’s Largest LNG Bunker Supply Vessel Departs South Korea

World’s Largest LNG Bunker Supply Vessel Departs South Korea

The world’s largest LNG bunker supply vessel Kairos departed from the Hyundai Mipo Dockyard in Ulsan, South Korea, on October 17, heading for the ship’s primary area of operation in Northwest Europe. The ship, with an LNG capacity of 7,500...
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NIMASA Boss Tasks Enforcement Officers On Zero Tolerance To Marine Accidents

NIMASA Boss Tasks Enforcement Officers On Zero Tolerance To Marine Accidents

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged players in the maritime sector especially enforcement officers to comply with safety rules that would eliminate marine accidents and other re...
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Firm  Takes Delivery of LNG Carrier

Firm Takes Delivery of LNG Carrier

Japanese shipping giant Mitsui O.S.K. Lines has taken delivery of the LNG carrier Marvel Eagle, the first of three vessels intended to transport gas in the U.S. The MOSS-type ship, featuring a capacity of 155,000 cbm, was named on September...
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NPA Reiterates Waterways Security Partnership With Navy

NPA Reiterates Waterways Security Partnership With Navy

The Managing Director, Nigerian Ports Authority (NPA),Hadiza Bala Usman has reiterated determination of the Authority to collaborate and corporate with all stakeholders responsible for safeguarding the nation’s territorial waters within budgetary limitation....
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DAKUKU: MARITIME, CATALYST FOR NIGERIA’S INDUSTRIALISATION

DAKUKU: MARITIME, CATALYST FOR NIGERIA’S INDUSTRIALISATION

For Nigeria to effectively move away from an oil-dependent economy and industrialise, it must develop the blue economy. This was the position of the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside and o...
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World Maritime Day: NPA Explains Critical Role Of Sustained Collaborations With Sister Agencies

World Maritime Day: NPA Explains Critical Role Of Sustained Collaborations With Sister Agencies

On behalf of the Board of Directors, Management and staff of the Nigerian Ports Authority, I congratulate the International Maritime Organisation (IMO) and stakeholders in the country’s maritime sector on the occasion of the 2018 edition of the World Maritim...
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NIMASA Team Meets Korean Ambassador On Maritime Development

NIMASA Team Meets Korean Ambassador On Maritime Development

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has assured seafarers and other members of the international community of the country’s continued efforts to ensure our waters are safer for naviga...
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Seaport Gets New Terminal

Seaport Gets New Terminal

After years of planning and preparation, construction of an entirely new terminal in the outer area of the Port of Gothenburg has started. The 220,000 square metre terminal, scheduled for completion around 2025, will be constructed using 350,000 cubic metres ...
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CABOTAGE: NO MORE WAIVERS, DAKUKU TELLS OIL COMPANIES

CABOTAGE: NO MORE WAIVERS, DAKUKU TELLS OIL COMPANIES

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said the Agency will no longer encourage the application of any form of waivers under the Cabotage Act, particularly from the oil firms operation...
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Maersk Invests In Digital Freight-Booking

Maersk Invests In Digital Freight-Booking

Danish shipping major Maersk has unveiled an investment in a US-based digital freight broker, Loadsmart, as the company expands its footprint. Namely, the company’s launchpad for new ventures, Maersk Growth, is leading a USD 21.6 million Series A funding fo...
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ICTSI To Upgrade Terminal

ICTSI To Upgrade Terminal

International Container Terminal Services, Inc. (ICTSI) has received a nod from the Philippine Ports Authority (PPA) to further expand its Manila flagship terminal.  The capacity improvements at the company’s Manila International Container Terminal (MICT)...
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Firm Seals $75.9m LNG Carriers Deal

Firm Seals $75.9m LNG Carriers Deal

Keppel Offshore & Marine (Keppel O&M) has signed two additional contracts with Stolt-Nielsen Limited, following the exercise of options to build two additional small-scale LNG carriers. The deal, signed through the companies’ subsidiaries Keppel Sin...
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CMA CGM Begins Congestion Surcharge At Lagos Seaports

CMA CGM Begins Congestion Surcharge At Lagos Seaports

By citybusinessnews@yahoo.com –     Citing increase in operational costs and   service disruption, the management of CMA CGM has resolved to commence congestion surcharge on Lagos import cargo with effect from October 15th, 2018.  In a circular iss...
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