Dry Bulk Shipping CEO Steps Down

Dry Bulk Shipping CEO Steps Down

Torben Janholt,  Chief Executive Officer of the dry bulk shipping company Pioneer Marine Inc. is retiring from his role effective March 1, 2020. He has been a member of the Pioneer Marine board of directors since 2013. “I have decided...
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Seaports Seek More Funds To Tackle Coronavirus

Seaports Seek More Funds To Tackle Coronavirus

The British ports industry is requesting further support for port health authorities to prevent coronavirus spreading and impacting businesses. As the number of new confirmed cases of the Wuhan COVID-19 grows, particularly in mainland Europe, the British Ports...
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Coronavirus Costing Shipping Industry $350m A Week

Coronavirus Costing Shipping Industry $350m A Week

The impact of the outbreak of the coronavirus is estimated to be costing the shipping industry USD 350 million a week in lost revenues, according to the International Chamber of Shipping (ICS). The virus outbreak is having a significant impact...
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Iran To Acquire 158 New Ships

Iran To Acquire 158 New Ships

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NIMASA Donates Relief Materials To 20, 000 Displaced Persons In Borno

NIMASA Donates Relief Materials To 20, 000 Displaced Persons In Borno

The Nigerian Maritime Administration and Safety Agency (NIMASA), on Monday donated relief materials for distribution to 20, 000 Internally Displaced Persons (IDPs) in Borno.The Director General of the Agency, Dakuku Peterside, made the disclosure at the presen...
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IMO Tasks Member States On Unnecessary Delays At Seaports

IMO Tasks Member States On Unnecessary Delays At Seaports

The International Maritime Organization (IMO) has sent a letter to its member states amid the outbreak of the novel coronavirus asking them to undertake all possible measures to prevent unnecessary delays of ships. The IMO urged state authorities and control.....
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Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook

Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook

Despite weak market conditions and slow container growth of 1.4 percent, Danish shipping heavyweight, A.P. Moller – Maersk managed to improve earnings and free cash flow in 2019. The company’s earnings before interest, tax, depreciation, and amortization (...
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Shippers’ Council, Customs To Strengthen Partnership

Shippers’ Council, Customs To Strengthen Partnership

The Nigerian Shippers’ Council (NSC) and the Nigeria Customs Service (NCS) are collaborating to provide a single-window platform that would ensure regulatory agencies at the ports.Executive Secretary of NSC, Mr Hassan Bello, explained that the platform would...
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Nigeria Set For Online Ship Registration

Nigeria Set For Online Ship Registration

As part of measures to have a world-class Ship Registry and enhance the Ease of Doing Business in the maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to set up an automated ship registration process...
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APM Terminals Seeks Construction Permit

APM Terminals Seeks Construction Permit

APM Terminals Poti, part of Dutch terminal operator APM Terminals, has re-initiated the process of obtaining the necessary permits to build a new deep-water multipurpose port in Poti.On February 11, 2020, APM Terminals submitted an application to the Technical...
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Photo News

Photo News

Representatives of Ports & Cargo Handling Services Limited, subsidiary of SIFAX Group, Infrastructure Concession and Regulatory Commission and the Nigerian Ports Authority during the 2020 Compliance and Performance Monitoring of Public Private Partnership ...
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NSC Joins NISER Joint Action Committee

NSC Joins NISER Joint Action Committee

The Nigerian Institute of Social & Economic Research (NISER) has included Nigerian Shippers’ Council (NSC) in its Joint Action Committee to aid information gathering on research -based matters relating to the Council’s regulatory role.NISER made this k...
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NLNG Seals Sales, Purchase Agreement With Galp

NLNG Seals Sales, Purchase Agreement With Galp

Nigeria LNG Limited (NLNG) and Galp Trading S.A have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3.According to NLNG, the agreement is for the supply of 1mtpa...
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Edo Lauds NPA’s Empowerment Scheme For 197 Women

Edo Lauds NPA’s Empowerment Scheme For 197 Women

Edo Government has commended the Nigerian Ports Authority (NPA) for empowering 197 women in Igarra, the Headquarter of Akoko-Edo Local Government Area of the state.Edo Deputy Governor, Mr Philip Shaibu, gave the commendation on Monday, when the beneficiaries t...
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