Maritime – Page 117 – City Business News

February 9, 2020 No Responses

NPA Revokes LADOL’s Land Lease Agreement

The Nigerian Ports Authority (NPA) has sanctioned the Lagos Deep Offshore Logistics Base (LADOL) for violating the terms of the land lease at Tarkwa Bay, near Light House Beach in Lagos.This, it claimed, was part of the efforts to boost...

February 6, 2020 No Responses

WISTA President Tasks Incoming Executives On Dedication, Team Work

The outgoing President of the Women International Shipping and Trading Association (WISTA) Nigeria, Mrs Mary Hamman, has urged incoming executives of the association to work as a team and create more awareness.Hamman made the appeal in an interview with the...

February 5, 2020 No Responses

China’s Oil Demand Drops

The rippling effect of the spread of the coronavirus is being felt across the shipping markets, the tanker and cruise sectors being at the front line.The impact of the virus outbreak is already being felt on oil markets as China,...

February 4, 2020 No Responses

Nigeria Acquires Six Armoured Aircraft, Helicopters, Vessel, Others For Maritime Security

By Citybusinessnews@yahoo.com — As part of measures to comprehensively tackle insecurity on Nigeria’s territorial waters and exclusive economic zone, the Federal Government has concluded arrangement to deploy its integrated maritime security infrastruc...

February 3, 2020 No Responses

Shipowners Seek Fluidity Of Trade Despite Brexit

As the United Kingdom stopped being a member of the European Union on January 31, 2020, European shipowners have called on both UK and EU regulators to continue their close alignment when it comes to shipping issues.The European shipowners emphasized...

February 3, 2020 No Responses

Seaports’ Infrastructure Takes Centre Stage As Hassan Bello Briefs IMF Team

By Moses Ebosele, ebosele@gotmail.com — All hands are on deck to improve state of infrastructure at Nigerian Seaports, the Executive Secretary and Chief Executive Officer of Nigerian Shippers Council (NSC), Hassan Bello, has said. Briefing a deleg...

January 31, 2020 No Responses

Prices Of Vehicles May Soar As NADDC Proposes 125% Import Tariff

Nigeria’s automotive sector regulator, National Automotive Design and Development Council (NADDC) has proposed 100 per cent import tariff for Fully Built Units (FBUs) and 125 per cent for used cars. The Federal Government had in November 2013, raised d...

January 28, 2020 No Responses

NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) will participate in a consortium that would set up and operate a dedicated automotive terminal at East Port in Egypt.On December 19, 2019, NYK and its partners Bolloré Africa Logistics and Toyota....

January 25, 2020 No Responses

NSC Visits Marine Command’s New AIG, Explains Activities

The Management of Nigerian Shippers’ Council (NSC) has congratulated the newly appointed Assistant Inspector General (AIG) of Police, Marine Command, Muhammad Uba Kura on his appointment.Speaking during a courtesy visit to the AIG, NSC Director, Consumer Aff...

January 24, 2020 No Responses

Grimaldi Takes Delivery of New Car, Truck Carrier

Italian Grimaldi Group has welcomed to its fleet Grande Houston, a new pure car & truck carrier (PCTC). On January 15, 2020, Grimaldi took delivery of the third of the seven ships built the Chinese shipyard Yangfan, located in Zhoushan....

January 22, 2020 No Responses

A.P. Møller Secures Approval For Port Terminals In West Africa

The European Commission has approved the acquisition of joint control over four project companies with concessions to build or operate port terminals in West Africa by Denmark’s A.P. Møller Capital (APMC). These include GSEZ Cargo Ports, a company operating...

January 20, 2020 No Responses

Nigeria Targets Economic Growth Through Maritime

Describing the maritime sector as economic anchor, the Federal Government is targeting placing Nigeria among the first 70 countries in the World Bank Ease of Doing Business index by 2023. The Secretary to the Government of the Federation (SGF), Mr....

January 19, 2020 No Responses

Firm Seals Charter Deal With Maersk, MSC

German shipping major Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC). Under the arrangement, the space charter deal will give Hapag-Lloyd access to selected services of 2...

January 17, 2020 No Responses

Dangote: Maritime Key To Economic Development, Growth

The President of Dangote Group of Companies, Alhaji Aliko Dangote, has identified the maritime industry as key in the efforts to restimulate the Nigerian economy.Dangote made the assertion in a statement in Lagos while commenting on the country’s economic po...

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Category: Maritime