Cosco Shipping records 29 % drop in profit

Cosco Shipping records 29 % drop in profit

Cosco Shipping International (Hong Kong) has seen its profit for the year ended December 31, 2016 plunge by 29 percent to HKD 236.5 million (USD 30.4 million) from HKD 362 million (USD 46.6 million) reported a year earlier. Although the...
read more
NIMASA DG reiterates commitment to ISPS Code implementation

NIMASA DG reiterates commitment to ISPS Code implementation

In spite of the success recorded in the Implementation of the International Ship and Port Facility Security (ISPS) code in Nigeria, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that th...
read more
Dakuku: 144 Port Facilities in Nigeria now fully ISPS compliant

Dakuku: 144 Port Facilities in Nigeria now fully ISPS compliant

One hundrend and fourteen (114) Port facilities out of the total 145 ports in Nigeria are now fully compliant to International Ships and Port Facility Security Code (ISPS), Director General, Nigeria Maritime Administration and Safety Agency (NIMASA), Dr Dakuku...
read more
NIMASA audits 16 maritime institutions, explains billing of pipelines, oil rigs, others

NIMASA audits 16 maritime institutions, explains billing of pipelines, oil rigs, others

The Nigeria Maritime Administration and Safety Agency (NIMASA) has concluded audit of accredited 16 maritime institutions. Accredicted by NIMASA, the  maritime training institutions offer courses in line with the International Convention on the Standards of T...
read more
NIMASA, UK School target sea time for 400 Nigerians

NIMASA, UK School target sea time for 400 Nigerians

The Nigerian Maritime Administration and Safety Agency (NIMASA) in partnership with the South Shield Marine School at the South Tyneside College, South Shield, Newcastle in the United Kingdom, is to provide sea time opportunities for about 400 cadets of NIMASA...
read more
130 Nigerian Cadets graduates in Egypt, gets seatime training offer

130 Nigerian Cadets graduates in Egypt, gets seatime training offer

The Nigerian Seafarers Development Programme (NSDP), an initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA), has once again graduated 130 cadets from the Arab Academy for Science, Technology and Maritime Transport in Alexandria, Egypt...
read more
Maritime stakeholders task FG on committee to verify, fine-tune charges adopted by terminal operators

Maritime stakeholders task FG on committee to verify, fine-tune charges adopted by terminal operators

Pending the establishment of the proposed National Transport Commission (NTC), Maritime Stakeholders in Nigeria have advised the Federal Government to constitute an ad-hoc committee to verify and fine-tune Terminal Operators current cargo handling practices a...
read more
Economic diversification: NIMASA seeks support of traditional rulers

Economic diversification: NIMASA seeks support of traditional rulers

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has solicited support of traditional rulers around the maritime domain of the country to assist the economic diversification drive of the President Mu...
read more
COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

(WMN) COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, saw a net loss of SGD 976.1 million (USD 695.5 million) in 2016, against a net loss of SGD 914.8 million (USD 651.8 million) recorded in 2015,...
read more
NIMASA targets strategic growth with 2017 Budget

NIMASA targets strategic growth with 2017 Budget

The 2017 budget of Nigerian Maritime Administration and Safety Agency (NIMASA) is tailored towards strategic growth and other developmental initiatives of the maritime sector, Director General, Dr. Dakuku Peterside has said. The DG who stated this during the 2...
read more
Nigeria to host 32 countries on future of maritime in Africa

Nigeria to host 32 countries on future of maritime in Africa

Come April 19th-21, 2017, Nigeria would be hosting the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) in Abuja, at the Transcorp Hilton Hotel. The meeting which will be hosted by the Nigerian Maritime Administr...
read more
Strategic role of professionalism in maritime’s development, by NIMASA DG

Strategic role of professionalism in maritime’s development, by NIMASA DG

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that professionalism has a key role to play in the development and growth of the maritime industry in Nigeria. Dr. Peterside who made...
read more
China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

(WMN) China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report freight tariffs to the ministry or were inconsistent with the reported ones. Companies have been punished with a total of RMB 2....
read more
CMA CGM, Alibaba seal MOU on Digital Cooperation

CMA CGM, Alibaba seal MOU on Digital Cooperation

French container shipping major CMA CGM and Chinese e-commerce company Alibaba have signed a memorandum of understanding (MOU) in Hangzhou, China, to seek cooperation in the digital area. The duo intends to provide digitized services via the One Touch platform...
read more