Category: Maritime

NIMASA Projects Five Per Cent Maritime Growth In 2018, Post 2019 Election
February 28, 2018 No Responses

NIMASA Projects Five Per Cent Maritime Growth In 2018, Post 2019 Election

The Nigerian Maritime industry is projected to grow by 2.5 – 5 % within the period 2018-2019 and a projected increase in demand for maritime services in Nigeria during the period of projection.   This was contained in the Nigerian...
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FG, Maritime Stakeholders To Automate All Processes
February 26, 2018 No Responses

FG, Maritime Stakeholders To Automate All Processes

In its quest to ensure the growth and development of the maritime sector in line with the Presidential order on the Ease of Doing Business in Nigeria, the Federal Government is set to automate all shipping related administrative processes in...
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Firm Extends LNG Supply Network for Ships
February 25, 2018 No Responses

Firm Extends LNG Supply Network for Ships

Hamburg-based supplier of LNG Nauticor has extended its LNG supply network for ships within the North Sea region by including the Port of Rotterdam.   The company has been awarded the contract for a bunker operation in Rotterdam for the first...
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Transport Minister Assures Stakeholders of Safe Maritime Domain
February 24, 2018 No Responses

Transport Minister Assures Stakeholders of Safe Maritime Domain

The Minister of Transportation, Rotimi Amaechi has assured stakeholders in the maritime sector that the Federal Government will leave no stone unturned in actualizing its goal for a safer and more secured maritime domain.   The Minister who said this...
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‘Maersk, Nine Other Shipping Lines Control 90 Per Cent Of Deep Sea Market’
February 21, 2018 No Responses

‘Maersk, Nine Other Shipping Lines Control 90 Per Cent Of Deep Sea Market’

More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines operating fully cellular containerships, which is less than 7 pct of the total lines, according to the data from MDS Transmodal....
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‘Overcapacity, Weak ‘Trading Demand’ Extends into 2018’
February 20, 2018 No Responses

‘Overcapacity, Weak ‘Trading Demand’ Extends into 2018’

Overcapacity, weak ‘trading demand’ and weak OPEC output have depressed the conditions that usually boost long hauls in the tanker shipping market, according to BIMCO. As illustrated by the very weak rates for oil product transports during most parts of 2...
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Cosco Shipping Specialized Carriers Becomes World’s Largest Multipurpose Operator
February 16, 2018 No Responses

Cosco Shipping Specialized Carriers Becomes World’s Largest Multipurpose Operator

China’s Cosco Shipping Specialized Carriers (CoscoSSC) has become the world’s largest multipurpose operator by deadweight, a new report issued by Dynamar shows.  CoscoSSC’s existing fleet has a total deadweight of 1.76 million tons. In addition, the com...
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Africa Welcomes First Nickel Ore Carrier
February 15, 2018 No Responses

Africa Welcomes First Nickel Ore Carrier

The Autonomous Port of Abidjan in Africa hosted its first nickel ore carrier on February 14.  The 50,000 dwt Luzern docked at the port’s Wharf 15.  The port said that the nickel ore came from a mine located in Foungbesso in the...
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Minister Canvasses Support For $16b Egina project
February 14, 2018 No Responses

Minister Canvasses Support For $16b Egina project

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Tuesday commended the management of Total Upstream Nigeria Ltd. (TUPNI), for its 16 billion dollars (N5.76 trillion) Egina project in Nigeria. Kachikwu gave the commendation during his visit to...
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NIMASA Boss Tasks Media on Blue Economy
February 14, 2018 one Response

NIMASA Boss Tasks Media on Blue Economy

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has urged the media to collaborate in enlightening the public on potential of the Blue Economy. Peterside made the plea at a one-day seminar organised for m...
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Evergreen, Firm Seal Charter Deal for 11,000 TEU Boxships
February 13, 2018 No Responses

Evergreen, Firm Seal Charter Deal for 11,000 TEU Boxships

Taiwanese shipping company, Evergreen Line has entered into a charter deal with Japanese counterpart Shoei Kisen Kaisha for twelve 11,000 TEU containerships. The charter deal was announced in January, but today the duo made it official. The twelve ships will.....
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Qatar Accedes to Ballast Water Management Convention
February 12, 2018 No Responses

Qatar Accedes to Ballast Water Management Convention

Qatar has become the latest state to sign up to the International Maritime Organization’s (IMO) Ballast Water Management Convention, the treaty helping to protect the marine environment. A total of sixty-eight signatories now represent more than 75% of the w...
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27 ships expected at Lagos Seaports
February 2, 2018 No Responses

27 ships expected at Lagos Seaports

The Nigerian Ports Authority (NPA) says 27 ships are expected to arrive in Apapa and Tin Can Island Ports in Lagos from Feb. 2 to Feb. 24. NPA, in its daily publication, `Shipping Position’, issued on Friday in Lagos, said...
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USCG expresses satisfaction with ISPS code compliance level in Nigeria
February 1, 2018 No Responses

USCG expresses satisfaction with ISPS code compliance level in Nigeria

The United States Coast Guard (USCG) has expressed satisfaction at the compliance level of Nigeria with the International Ships and Ports Security (ISPS) facility Code at the nation’s ports.   A delegation from the USCG led by Lt. Commander Jacob...
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