Category: Maritime

FG increases take-off grant of Maritime University to N5b
November 12, 2017 No Responses

FG increases take-off grant of Maritime University to N5b

The Federal Government has approved the take off grant of Maritime University, Okerenkoko, Delta, from N2 billion earlier announced to  N5 billion.   The Minister of Niger Delta Affairs, Pastor Usani Uguru Usani, made this disclosure in a statement on...
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Dakuku seeks more women participation in maritime sector
November 10, 2017 No Responses

Dakuku seeks more women participation in maritime sector

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has called for more female participation in the Nigerian maritime industry, adding that their contribution is key to the development of the sector for ...
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Daewoo shipbuilding declares $41m profit in Q3
November 9, 2017 No Responses

Daewoo shipbuilding declares $41m profit in Q3

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) ended the third quarter of this year with a profit of KRW 45.7 billion (USD 41 million), compared to a net loss of KRW 284 billion posted a year earlier.  As...
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CMA CGM to power 22,000 TEU ship with LNG
November 8, 2017 No Responses

CMA CGM to power 22,000 TEU ship with LNG

French shipping major CMA CGM Group has unveiled the decision to equip its nine future ships of 22,000 TEUs with engines using liquefied natural gas. “We have made the bold decision to equip our future 22,000 TEUs vessels with a...
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Cosco shipping ports generates $155.5m revenue in Q3
October 29, 2017 No Responses

Cosco shipping ports generates $155.5m revenue in Q3

China-based Cosco Shipping Ports Limited delivered improved earnings, accompanied by greater volumes in the third quarter of 2017, driven by the growth of international trade. Amid improvement in international trade, and the support from shipping alliances ...
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MWUN at NIMASA,seeks sustained industrial peace
October 28, 2017 No Responses

MWUN at NIMASA,seeks sustained industrial peace

The President General of the Maritime Workers Union of Nigeria, Comrade Adewale Adeyanju has commended the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) led by Dr. Dakuku Peterside for creating the platform for sustained labour ...
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NIMASA to enforce strict observance to safety regulations at sea
October 27, 2017 No Responses

NIMASA to enforce strict observance to safety regulations at sea

The Director General of the Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated the Agency’s commitment towards the enforcement of strict safety regulations at sea, in order to ensure the protection of Marine Environ...
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NIMASA faults NLNG’s demand for $315m judgment debt
October 20, 2017 No Responses

NIMASA faults NLNG’s demand for $315m judgment debt

The Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos in the matter between Nigeria Liquefied Natural Gas (NLNG), Attorney General of the Federation, Global West Vessels Specialists Ltd and ...
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INTELS: NPA frustrated attempts to resolve TSA logjam
October 18, 2017 No Responses

INTELS: NPA frustrated attempts to resolve TSA logjam

The management of Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited says the present management of Nigerian Ports Authority (NPA) deliberately frustrated attempts to address the issues raised by introduction of the Treasury Single Account (TSA) i...
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NLNG demands $315m judgment debt from NIMASA
October 17, 2017 No Responses

NLNG demands $315m judgment debt from NIMASA

The Management of Nigeria LNG (NLNG) has formally issued a demand notice for the sum of $315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA).   According to NLNG, the sum represents the payments made under protest.....
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South Korea gets order for 26 new vessels in September
October 13, 2017 No Responses

South Korea gets order for 26 new vessels in September

Following the last year’s turmoil in the sector, shipyards from South Korea won the majority of orders worldwide in September 2017 and their order backlog increased for the first time in almost a 2-year period. Specifically, the country’s shipyards bagged....
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South African Regulator Approves Maersk Line’s Deal
October 8, 2017 No Responses

South African Regulator Approves Maersk Line’s Deal

South Africa’s competition tribunal has cleared Maersk Line’s proposed acquisition of German liner company Hamburg Süd. “The clearance is conditional upon Hamburg Süd’s withdrawal from the SAAF vessel sharing agreement operating in the South Africa...
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NLNG floors NIMASA in court as Dakuku vows to appeal
October 3, 2017 No Responses

NLNG floors NIMASA in court as Dakuku vows to appeal

By citybusinessnews@yahoo.com –  The Federal High Court sitting in Lagos today delivered judgment in favour of Nigeria LNG Limited (NLNG) in a case between the Company and the Nigerian Maritime Administration and Safety Agency (NIMASA) over applicabilit...
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NIMASA implores stakeholders on development, growth in maritime sector
October 3, 2017 No Responses

NIMASA implores stakeholders on development, growth in maritime sector

 The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the need for stakeholders to actively participate in the Nigerian maritime sector in order to support the growth of the country’s blue...
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