Category: Maritime

Amaechi, Saraki Fine-Tune Agenda For Maritime Sector
September 13, 2019 No Responses

Amaechi, Saraki Fine-Tune Agenda For Maritime Sector

The Minister of Transportation, Mr Rotimi Amaechi, on Thursday said that the Minister of State for Transportation, Sen. Gbemisola Saraki would personally be in charge of all maritime agencies. Amaechi made this known in Lagos at the 3rd Maritime Stakeholders’...
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Stakeholders Caution Against Use Of Private Armed Guards Onboard Vessels
September 12, 2019 No Responses

Stakeholders Caution Against Use Of Private Armed Guards Onboard Vessels

By ebosele@hotmail.com — The West African shipping market on Tuesday took the centre stage in London at the West Africa Shipping Summit in London.   It was a full house of industry experts and professionals. Hosted by Nigerian shipping and...
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CMA CGM Declares $7.7b Revenue In Q2
September 11, 2019 No Responses

CMA CGM Declares $7.7b Revenue In Q2

French shipping major CMA CGM has reported a strong growth in its volumes in the second quarter of 2019, despite an uncertain worldwide geopolitical environment. The company said that its shipping business remained strong in the second quarter, with significan...
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OPEC Lauds Nigeria As 70 Countries Indicate Interest In Global Maritime Security Conference
September 11, 2019 No Responses

OPEC Lauds Nigeria As 70 Countries Indicate Interest In Global Maritime Security Conference

The Organisation of Petroleum Exporting Countries (OPEC) has commended the Federal Government of Nigeria for accepting to host the upcoming Global Maritime Security Conference, saying the talks will go a long way in addressing security concerns in the maritime...
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Firms Team Up On Intermodal LNG Shipping
September 9, 2019 No Responses

Firms Team Up On Intermodal LNG Shipping

Russian transportation and logistics company, Fesco has formed an intermodal LNG shipping partnership with China’s Best Ship Energy Management and Zhejiang Rui Neng Ocean Shipping. The company explained that the move would see the parties jointly develop int...
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Seaport Gets New Terminal, Additional Berths
September 7, 2019 No Responses

Seaport Gets New Terminal, Additional Berths

Ukraine’s Port of Chornomorsk is set to undergo an upgrade worth over UAH 3 billion (USD 118.8 million), receiving a new grain terminal and additional berths. The investment is part of a public private partnership between state-owned Ukrainian Sea Ports...
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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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