Category: Maritime

NIMASA Canvasses Sustainable Use of Ocean Resources
April 25, 2018 No Responses

NIMASA Canvasses Sustainable Use of Ocean Resources

The Nigerian Maritime Administration and Safety Agency (NIMASA) has inaugurated Marine Litter Marshals to assist the Agency in ridding the oceans of unwanted waste materials that could cause environmental degradation and also impede safety of navigation on the nation’s territorial...
read more
Improve Health, Safety Operations, ITF Urges Hutchison Ports
April 25, 2018 No Responses

Improve Health, Safety Operations, ITF Urges Hutchison Ports

The International Transport Workers’ Federation (ITF) has urged Hutchison Ports to address health and safety incidents across their global operations, after a dockworker suffered multiple injuries in a fall at the company’s Port Botany terminal. The ITF...
read more
Eximbank Pledges $700m For Shipping
April 22, 2018 No Responses

Eximbank Pledges $700m For Shipping

The Export–Import Bank of Korea (KEXIM) has committed to provide the country’s shipping industry with KRW 800 billion ( approximately USD 750 million) worth of loans and guarantees this year. The loans will be provided to shipping companies for buying...
read more
Report: LNG Tanker Violates Safety Rules
April 21, 2018 No Responses

Report: LNG Tanker Violates Safety Rules

The 2017-built LNG tanker Boris Vilkitsky, owned by Dynagas Holdings, violated a number of safety rules by entering the Northern Sea Route (NSR) with deficiencies, World Maritime News has indicated.  Namely, the 96,958 dwt ice class tanker, which trans...
read more
South Africa, KCT Seal Agenda For New Terminal
April 18, 2018 No Responses

South Africa, KCT Seal Agenda For New Terminal

South Africa’s Transnet National Ports Authority (TNPA) has signed a deal with KwaZulu Cruise Terminal (KCT) that will see the delivery of a new cruise facility in the Port of Durban by October 2020. Under the agreement, signed between the parties on Apr...
read more
CMA CGM to Operate Lekki Port’s Container Terminal
April 17, 2018 No Responses

CMA CGM to Operate Lekki Port’s Container Terminal

French container shipping giant CMA CGM and Lekki Port LFTZ Enterprise have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations an...
read more
IMO Members Agree on 50 % Emissions Cut
April 15, 2018 No Responses

IMO Members Agree on 50 % Emissions Cut

Countries attending the International Maritime Organization (IMO) meeting in London agreed to require the shipping sector to reduce its emissions by at least 50 pct by 2050 compared to 2008. “Today’s commitment by governments to require international shipp...
read more
NIMASA Signs MoU With World Maritime University On Capacity Building
April 14, 2018 No Responses

NIMASA Signs MoU With World Maritime University On Capacity Building

The Nigerian Maritime Administration and safety Agency, NIMASA, has signed a Memorandum of Understanding (MoU) with the World Maritime University, Malmo Sweden to develop human capacity for the Nigerian maritime sector.   Speaking shortly after the signing of...
read more
Growing US Imports Threatened by Developing Trade War
April 10, 2018 No Responses

Growing US Imports Threatened by Developing Trade War

Imports at major retail container ports in the US are expected to grow 5.8 percent in April, but could be threatened by a developing trade war between the US and China, the National Retail Federation said. “Tariffs are a tax on...
read more
Samsung Electronics Stakes $192m On SHI Shares
April 8, 2018 No Responses

Samsung Electronics Stakes $192m On SHI Shares

Samsung Electronics intends to participate in Samsung Heavy Industries’ (SHI) rights offering by investing KRW 204.06 billion (USD 191.8 million). The technology company unveiled the decision to acquire 34.76 million shares in SHI in its stock exchange filin...
read more
NPA Implores Stakeholders On $42.3m, N600m Debt
April 4, 2018 No Responses

NPA Implores Stakeholders On $42.3m, N600m Debt

Ahead of the proposed “aggressive debt recovery exercise” of Nigerian Ports Authority (NPA), Rivers Port Complex has explained  that it generated $62.3million and N1.2Billion in 2017, compared to $57.6million and N772.4million recorded in 2016.   Out of ...
read more
First LNG Cargo From United States Arrives In Indian
April 3, 2018 No Responses

First LNG Cargo From United States Arrives In Indian

India has received its first LNG cargo from the United States, gas utility company GAIL said. The Denmark-flagged Meridian Spirit carrying 120,000 tons of cargo docked at Dabhol on March 30, 2018. GAIL hired the ship in September 2017 to...
read more
India Blacklists Two Firms For Abandoning Seafarers
April 2, 2018 No Responses

India Blacklists Two Firms For Abandoning Seafarers

The Government of India has blacklisted two companies from United Arab Emirates (UAE) for seafarer abandonment.  The companies in question are shipping and management firm Shah Al Arab Marine Agency and M/s Alco Shipping Services LLC, the Directorate General...
read more
COSCO Shipping Declares $423.3m Profit In 2017
April 1, 2018 No Responses

COSCO Shipping Declares $423.3m Profit In 2017

China’s major COSCO Shipping Holdings delivered improved earnings in 2017 on the back of a broad economic recovery globally and increasing demand for container shipping services. The company informed that profit attributable to its equity holders for the ye...
read more
1 … 113 114 115 116 117 … 142