Category: Maritime

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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COSCO shipyard secures orders for 10 new ships
September 29, 2017 No Responses

COSCO shipyard secures orders for 10 new ships

COSCO Shipyard Group, part of COSCO Shipping International (Singapore), has, through its subsidiaries, won contracts for up to ten new ships if all options are exercised. These include a contract for four 82,000 tons bulk carriers secured by COSCO (Zhoushan) ...
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Maritime Crimes: NIMASA partners Interpol
September 27, 2017 No Responses

Maritime Crimes: NIMASA partners Interpol

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that proper legal frame work, synergy and information sharing amongst government Agencies and Stakeholders will help curb the issues of c...
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COSCO gets $54m fleet renewal backing
September 26, 2017 No Responses

COSCO gets $54m fleet renewal backing

China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating f...
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‘Concerted efforts needed to stop menace of climate change’
September 25, 2017 No Responses

‘Concerted efforts needed to stop menace of climate change’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stressed the need for collaborative efforts to tackle the scourge of climate change. Dr. Dakuku stated this while speaking at an event on climate....
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ESL names 2nd LNG-Fueled Bulker
September 24, 2017 No Responses

ESL names 2nd LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has named Haaga, the second of the company’s two LNG-fueled dry cargo vessels.   The naming ceremony took place at the Jinling shipyard in Nanjing, China, on September 22,...
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Ports & Cargo resumes handling of general Cargo, receives first voyage vessel from Singapore
September 23, 2017 No Responses

Ports & Cargo resumes handling of general Cargo, receives first voyage vessel from Singapore

Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group has made history again at its terminal with the arrival MV Maritime Challenger, a brand new general cargo vessel that embarked on its first ever voyage to any port...
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Develop maritime infrastructure, NIMASA boss tells African countries
September 21, 2017 No Responses

Develop maritime infrastructure, NIMASA boss tells African countries

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that with the potentials of the African maritime sector, competitive operating environment, proper regulation, incentives and infrastru...
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CMA CGM places order for nine 22,000 TEU ships
September 17, 2017 No Responses

CMA CGM places order for nine 22,000 TEU ships

 French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of 2017. “In order to keep pace with market growth and the group’s needs, the Board of Directors...
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Cosco to acquire 76% stake of APMT Zeebrugge Terminal
September 12, 2017 No Responses

Cosco to acquire 76% stake of APMT Zeebrugge Terminal

Dutch container terminal operator APM Terminals has reached a deal to sell its 76% share in the APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports. Under the agreement signed between APM Terminals and the Hong Kong-based subsidiary of China C...
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