Category: Maritime

Firm Orders 12 Ethane Carriers
July 29, 2018 No Responses

Firm Orders 12 Ethane Carriers

US investment banking and principal investment firm Delos Shipping has been linked to an order of up to twelve very large ethane carriers (VLECs). According to data provided by Asiasis, the company ordered the units from two South Korean shipbuilding...
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EU, US To Boost LNG Trade, Hold Further Tariffs
July 28, 2018 No Responses

EU, US To Boost LNG Trade, Hold Further Tariffs

  The trade relations between the United States and Europe, which were on roller coaster ride over the past few months amid trade tariff threats and retaliation measures being thrown from each side, seem to be on the path of...
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Dakuku: Creation Of More Agencies Not Solution To Maritime Security Challenges
July 27, 2018 No Responses

Dakuku: Creation Of More Agencies Not Solution To Maritime Security Challenges

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that creating additional agencies in the maritime sector would only overburden the sector; adding that what needed to be done was to strengt...
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NIMASA Sets Up Committee On Sustainable Blue Economy
July 26, 2018 No Responses

NIMASA Sets Up Committee On Sustainable Blue Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that partnership is a crucial element to the effective utilization of Africa’s maritime resources, just as a committee of Stakeholders has...
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ISPS Code: NIMASA Seals Heyden Petroleum Jetty, NIPCO, Others
July 25, 2018 No Responses

ISPS Code: NIMASA Seals Heyden Petroleum Jetty, NIPCO, Others

As part of measures to ensure total compliance with the provisions of the International Ships and Ports Facility Security (ISPS) code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has taken stern measures against three alleged erring facilit...
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Nigerdock Lauds SIFAX Ferry After Facility Inspection
July 25, 2018 No Responses

Nigerdock Lauds SIFAX Ferry After Facility Inspection

Nigerdock Nigeria Limited has commended SIFAX Group for the quality service and excellent facilities it has put in place for the recently-launched ferry service. The ferry service is currently available on Ebute-Ojo-Apapa and Mile 2 – Apapa routes. Nigerdock...
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Terminals In Europe, Australia Lift DP World’s Performance By 4.8 Per cent In Six Months
July 25, 2018 No Responses

Terminals In Europe, Australia Lift DP World’s Performance By 4.8 Per cent In Six Months

Despite geopolitical tensions, Dubai-based port developer DP World said that the first half of 2018 saw an upswing in global trade, especially at its container terminals in Europe and Asia. The port operator reported a 4.8 pct growth in gross container...
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Nigeria Lifts Suspension On Maersk Line, Cosco, Two Others
July 24, 2018 No Responses

Nigeria Lifts Suspension On Maersk Line, Cosco, Two Others

The Management of Nigerian Ports Authority (NPA) has ordered restoration of services to the four shipping Companies whose operations were suspended for their alleged failure to comply with the directive of acquiring and operating holding bays for their contain...
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Samsung Secures $366.1M Contract For Special-Purpose Ships
July 24, 2018 No Responses

Samsung Secures $366.1M Contract For Special-Purpose Ships

South Korean shipbuilder Samsung Heavy Industries (SHI) has won a deal for the construction of three special-purpose ships worth KRW 415.7 billion ($ 366.1 million).  The shipbuilder said the order was received from an undisclosed North American shipowner. T...
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Firm Gets 1st LNG-Powered Ship
July 23, 2018 No Responses

Firm Gets 1st LNG-Powered Ship

U.S.-based shipping company Crowley Maritime Corporation has taken delivery of its first LNG-powered Combination Container Roll-on/Roll off (ConRo) ship from VT Halter Marine. El Coquí, which is one of the first ConRos in the world, is also the first of two....
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‘Consolidation Between Top Tier Carriers Unlikely’
July 22, 2018 No Responses

‘Consolidation Between Top Tier Carriers Unlikely’

The consolidation between top tier carriers such as French liner giant CMA CGM and its German counterpart Hapag-Lloyd is unlikely, according to Simon Heaney, Senior Manager for Container Research at Drewry. As explained by Heaney, the merger of carriers of su...
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NPA Hosts International Maritime Conference
July 21, 2018 No Responses

NPA Hosts International Maritime Conference

The Nigerian Ports Authority would be hosting the International Association of Ports and Harbours (IAPH) Africa Regional Conference in Abuja, Nigeria between 17 – 19 September, 2018.  According to information obtained from the Local Organising Commi...
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Firm Ships 1st LNG Cargo To China
July 20, 2018 No Responses

Firm Ships 1st LNG Cargo To China

Russian gas company PAO Novatek has shipped its first cargoes of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. To commemorate the occasion, the arrival of LNG carriers Vladimir Rusanov and Eduard...
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LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio
July 15, 2018 No Responses

LNG Business: Total Seals $1.5B Takeover of Engie’s Portfolio

French energy giant Total has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of USD 1.5 billion. Should the oil market mark a major improvement in the coming years, Total’s...
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