Category: Maritime

NIMASA DG: We Are Determined To End Piracy
May 4, 2019 No Responses

NIMASA DG: We Are Determined To End Piracy

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside  has said that his agency is determined to run pirates and other bandits operating on the nation’s territorial waters out of business. Peterside while noting that...
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NPA Photo News
May 3, 2019 No Responses

NPA Photo News

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Second LNG Terminal Begins Operations In Bangladesh
May 3, 2019 No Responses

Second LNG Terminal Begins Operations In Bangladesh

Bangladesh has commissioned its second LNG terminal with the launch of operations of FSRU Summit LNG offshore Moheshkhali Island in the Bay of Bengal. According to Excelerate Energy, the FSRU completed commissioning of the LNG terminal, owned by Summit LNG...
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NIMASA Photo News
May 2, 2019 No Responses

NIMASA Photo News

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Samsung Builds 1st LNG-Fueled Ships With Own Technology
May 2, 2019 No Responses

Samsung Builds 1st LNG-Fueled Ships With Own Technology

South Korea’s Samsung Heavy Industries (SHI) informed it has successfully constructed its first LNG-fueled vessels with the shipbuilder’s own technology. The LNG-powered 113,000 dwt oil tanker pair delivered to an Asian shipowner early this year just compl...
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Samsung Delivers Sixth MR Unit To Maersk Tankers
April 30, 2019 No Responses

Samsung Delivers Sixth MR Unit To Maersk Tankers

Denmark’s Maersk Tankers has received its latest medium range (MR) product tanker from Samsung Heavy Industries (SHI). Maersk Corsica was officially delivered to Maersk Tankers on April 26, two days after a naming ceremony at SHI’s Ningbo shipyard, in Chin...
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China Acquires Stake In LNG Project
April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...
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Shipyard Begins Construction Of First Grimaldi GG5G RoRo Vessel
April 27, 2019 No Responses

Shipyard Begins Construction Of First Grimaldi GG5G RoRo Vessel

China’s Jinling Shipyard has started construction of the first hybrid roll-on/roll-off (RoRo) freighter for Italian shipping company Grimaldi Group. Danish marine consultancy Knud E. Hansen, which was in charge of designing the vessels, confirmed the milesto...
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Samsung Secures Order For $970m FPSO Unit
April 23, 2019 No Responses

Samsung Secures Order For $970m FPSO Unit

South Korean shipbuilder,  Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit. The contract worth KRW 1.1 trillion (around USD 970 million) has been signed with an unnamed Asi...
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NIMASA Extends AID To Ondo
April 22, 2019 No Responses

NIMASA Extends AID To Ondo

The Nigerian Maritime Administration and Safety Agency (NIMASA) has continued its donation of relief materials to victims affected by flood and other disasters across the country. The Agency took the exercise to Akure in Ondo state where various items were do...
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Hyundai LNG Shipping Orders First Very Large Gas Carrier
April 21, 2019 No Responses

Hyundai LNG Shipping Orders First Very Large Gas Carrier

South Korean shipowner Hyundai LNG Shipping (HLS) has placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).The duo signed an agreement on April 16, 2019, which includes one optional...
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AAMA Reiterates Commitment To Build Competitive Maritime Sector In Africa
April 20, 2019 No Responses

AAMA Reiterates Commitment To Build Competitive Maritime Sector In Africa

The Chairman of the Association of African Maritime Administration (AAMA), Dr. Dakuku Peterside has reiterated the commitment of the African body to build a competitive maritime sector in Africa through continuous engagements and sharing of ideas.   ...
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LNG Firm Secures $700m Financing Option
April 18, 2019 No Responses

LNG Firm Secures $700m Financing Option

Golar LNG Limited has received a firm USD 700 million underwritten financing commitment for the conversion of the floating liquefied natural gas (FLNG) vessel Gimi. The financing has been provided to Gimi MS Corporation, owned by Golar LNG Limited with...
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Diana Shipping Approves $7m Share Buyback
April 17, 2019 No Responses

Diana Shipping Approves $7m Share Buyback

Greek dry bulk owner Diana Shipping has signed a Memorandum of Agreement to sell its 2004-built Panamax bulker vessel Erato to an unaffiliated third party.The company said that the 74,444 dwt unit, built by China’s Jiangnan Shipyard, was sold at...
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