Category: Maritime

Hyundai Secures $189m LNG Carrier Order
September 3, 2019 No Responses

Hyundai Secures $189m LNG Carrier Order

South Korean biggest shipbuilder Hyundai Heavy Industries (HHI) has secured an order for the construction of an LNG carrier.Placed by an unnamed shipowner from Oceania, the order amounts to KRW 228.9 billion (USD 188.8 million), HHI said in a stock...
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LNG Firm Secures $180m Loan
September 2, 2019 No Responses

LNG Firm Secures $180m Loan

Bermuda-registered shipping company, Golar LNG has secured a number of charter deals and a new loan, the company said in its second quarter of 2019 financial report. Namely, Golar LNG fixed four LNG carriers on floating rate contracts and two...
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NNPC Retail Partner Navy On Floating Mega Stations
September 2, 2019 No Responses

NNPC Retail Partner Navy On Floating Mega Stations

NNPC Retail, the downstream subsidiary of the Nigerian National Petroleum Corporation with interest in retail marketing, sales and distribution of petroleum products, has revved up plans with the Nigerian Navy to ensure effective service delivery and security ...
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COSCO Shipping Declares 5.4 Per Cent Increase In Throughput
August 31, 2019 No Responses

COSCO Shipping Declares 5.4 Per Cent Increase In Throughput

Despite the ongoing trade war between China and the US, Hong Kong-based port operator COSCO Shipping Ports ended the first six months of this year with a total throughput rise of 5.4 percent year on year (yoy). The total container...
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Consortium To Build New LNG Terminal
August 29, 2019 No Responses

Consortium To Build New LNG Terminal

A consortium led by China Petroleum Pipeline Engineering Corporation (CPPEC) has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. The consortium, comprising Wilhelmsen Ship Management Limited, Aktor S.A...
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SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others
August 28, 2019 No Responses

SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others

By Moses Ebosele, ebosele@hotmail. com To sustain faster turnaround of its operations, Sifax Group has placed order for 24 new trucks, four mobile harbor cranes and other strategic equipments.Already, a subsidiary of the Group, Skyway Aviation Handling Company...
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Kenya Exports First Crude Oil
August 27, 2019 No Responses

Kenya Exports First Crude Oil

Kenya has exported its first batch of crude oil. President Uhuru Kenyatta flagged off the crude shipment from the port of Mombasa on Monday. According to BBC, the development  is being described as historic and an important step on the...
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Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference
August 26, 2019 No Responses

Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference

By Moses Ebosele, ebosele@hotmail.com — The 2019 Global Maritime Security Conference (GMSC) is to hold  October 7th—9th, at the International Conference Centre, Abuja, Nigeria.  Put together by Nigerian Maritime Administration and Safety ...
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Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference
August 25, 2019 No Responses

Regional Integration Tops Agenda As Nigeria Host Global Maritime Security Conference

By Moses Ebosele, ebosele@hotmail.com The 2019 Global Maritime Security Conference (GMSC) is to hold  October 7th—9th, at the International Conference Centre, Abuja, Nigeria.Hosted by Nigerian Maritime Administration and Safety Agency (NIMASA),...
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Samsung Secures $186m LNG Carrier Deal
August 18, 2019 No Responses

Samsung Secures $186m LNG Carrier Deal

South Korean shipbuilder, Samsung Heavy Industries, has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer. According to the builder’s stock exchange filing, the construction contract has a value of around KRW 225.5 billion.....
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NIMASA Graduates 298 Military Personnel In Intelligence Training
August 17, 2019 No Responses

NIMASA Graduates 298 Military Personnel In Intelligence Training

The Nigerian Maritime Administration and Safety Agency (NIMASA) has graduated another 298 surveillance officers in basic training course for the implementation of the Integrated Security and Waterway Protection Infrastructure also known as the Deep Blue Projec...
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APM Terminals To Expand Terminal
August 13, 2019 No Responses

APM Terminals To Expand Terminal

APM Terminals Yucatán, operator of the Port of Progreso in Mexico has  unveiled an investment to expand and modernize the port’s container terminal. The terminal has doubled its volumes from 80,000 to 140,000 TEUs throughput over the last two years....
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Gbajabiamila: Nigeria Looks to Marine Resources for Economic Recovery
July 26, 2019 No Responses

Gbajabiamila: Nigeria Looks to Marine Resources for Economic Recovery

Nigeria’s rich maritime resources represent a vital economic safeguard and vehicle for the successful implementation of the President Muhammadu Buhari government’s Economic Recovery and Growth Plan (ERGP), which must be sustainably tapped, Speaker of the H...
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LNG: Firm Seals Long-Term Contract To China
July 22, 2019 No Responses

LNG: Firm Seals Long-Term Contract To China

Canadian company, FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corporation to export to China. This term supply agreement is said to be a major development in Canada’s LNG...
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