Category: Maritime

Maritime CEOs Renew Clamour For Decarbonization
October 5, 2018 No Responses

Maritime CEOs Renew Clamour For Decarbonization

The shipping industry must rise to the biggest technology challenge in 100 years in order to meet its decarbonization ambitions, a group of 34 maritime CEOs and industry leaders stressed in a call for action towards a new decarbonized future.  The...
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Samsung Secures Order For $180m LNG Carrier
October 2, 2018 No Responses

Samsung Secures Order For $180m LNG Carrier

South Korea’s shipbuilder Samsung Heavy Industries has clinched another order for a liquefied natural gas (LNG) carrier. According to the company’s stock exchange filing, the deal is worth around KRW 200.1 billion (USD 180 million). SHI added that the orde...
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Hyundai Signs Final Contracts for 20 Eco-friendly Containerships
October 1, 2018 No Responses

Hyundai Signs Final Contracts for 20 Eco-friendly Containerships

South Korean shipping company, Hyundai Merchant Marine (HMM) has signed formal contracts for its twenty eco-friendly mega containerships with three shipyards. Under the deals, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SH...
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Maritime Stakeholders Tackle Shipping of Counterfeit Goods
September 30, 2018 No Responses

Maritime Stakeholders Tackle Shipping of Counterfeit Goods

Representatives of the maritime industry have developed a set of best practices to reduce the volume of counterfeits shipped around the globe through checks on their customers and supply chains. The recommended best practices were developed as part of the...
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Shipowners Seek More Compliant Recycling Facilities
September 28, 2018 No Responses

Shipowners Seek More Compliant Recycling Facilities

Worried that the current recycling capacity included on the EU list is not enough to meet the demands of the EU Ship Recycling Regulation, the European Community Shipowners’ Association (ECSA) is asking for more capacity to be added to the...
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Shippers Forum Implores Maersk Line On New Fuel Surcharge
September 26, 2018 No Responses

Shippers Forum Implores Maersk Line On New Fuel Surcharge

Danish shipping company needs to reconsider its plan to introduce new fuel surcharge arrangements from January 1, 2019, the Global Shippers Forum (GSF) has said.   Earlier this month, Maersk Line said it will change fuel adjustment surcharge to recover pres...
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Dakuku Re-Elected AAMA Chairman
September 26, 2018 No Responses

Dakuku Re-Elected AAMA Chairman

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has been re-elected the Chairman of the Association of African Maritime Administration (AAMA) for another term. Dr. Dakuku who is the incumbent Chairm...
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Pirates Kidnap Ship’s Crew In Nigeria, Destroys Communications Equipment
September 24, 2018 No Responses

Pirates Kidnap Ship’s Crew In Nigeria, Destroys Communications Equipment

Pirates have kidnapped 12 crew members from a Swiss cargo vessel in Nigerian waters. Massoel Shipping said its vessel, MV Glarus, was carrying wheat from Lagos to Port Harcourt when it was attacked on Saturday. “The pirate gang boarded the...
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ICPC Seeks Joint Vessel Inspection At Seaports
September 21, 2018 No Responses

ICPC Seeks Joint Vessel Inspection At Seaports

The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies in the maritime sector to carry out joint inspection of vessels at the ports...
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A.P. Moller – Maersk Explains Integration, Improved Customer Experience
September 20, 2018 No Responses

A.P. Moller – Maersk Explains Integration, Improved Customer Experience

To better serve customers and unlock growth potential in the Logistics &Services segment, A.P. Moller – Maersk will combine its offering for ocean products and supply chain services to be able to offer more comprehensive end-to-end logistic solutions...
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NPA, Guangzhou Port Seal MoU On Effective Logistics, Trade, Training, Others
September 19, 2018 No Responses

NPA, Guangzhou Port Seal MoU On Effective Logistics, Trade, Training, Others

By Moses Ebosele, citybusinessnews@yahoo.com –       Citing need to promote cooperation in a variety of fields, the Nigerian Ports Authority (NPA) and Guangzhou Port Authority, China, on Tuesday in Abuja signed a Memorandum of Understanding (MoU).  ...
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Maersk Line To Introduce New Fuel Adjustment Surcharge
September 18, 2018 No Responses

Maersk Line To Introduce New Fuel Adjustment Surcharge

World’s largest container shipping company Maersk Line is planning to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap.  As explained, the new Bunker Adjustment Factor (BAF) surcharge aims at recovering Maersk Line’s costs of compl...
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Dakuku In Egypt, Seeks Maritime Development Through Continental Collaboration
September 17, 2018 No Responses

Dakuku In Egypt, Seeks Maritime Development Through Continental Collaboration

The chairman of the Association of African Maritime Administrations AAMA, Dr Dakuku Peterside has restated the place of continental collaboration to grow the African maritime industry. This was the thrust of his message as he arrived Sharm El Sheik, Egypt...
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LNG-Powered ConRo Begins Full Speed Trial
September 16, 2018 No Responses

LNG-Powered ConRo Begins Full Speed Trial

Crowley’s second commitment class ConRo, Taíno, currently under construction at VT Halter Marine in Pascaguola, Mississippi, has aced its first speed trial, bringing it a step closer to delivery, the company said. “As part of the testing and commissionin...
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