Category: Maritime

Dakuku: Africa set to tackle piracy, other maritime crimes
August 2, 2017 No Responses

Dakuku: Africa set to tackle piracy, other maritime crimes

The Chairman of the Association of African Maritime Administrations (AAMA) Dr. Dakuku Peterside has stated that Maritime Administrations (MARADs) in Africa are set to tackle the twin issue of piracy, sea crime and illegal migration in the continent.   The...
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‘IMO’s emission reduction plan makes ‘modest’ progress’
July 30, 2017 No Responses

‘IMO’s emission reduction plan makes ‘modest’ progress’

The International Maritime Organisation’s (IMO) tentative step towards a plan to cut shipping’s climate emissions represents only ‘modest’ progress, Transport & Environment cited the Marshall Islands’ transport minister Mike Halferty. Earlier ...
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How to harness huge economic potentials in African seas, oceans, by NIMASA DG, others
July 25, 2017 No Responses

How to harness huge economic potentials in African seas, oceans, by NIMASA DG, others

To commemorate this year’s “Africa Day of Seas and Oceans”, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA),  Dr. Dakuku Peterside has explained that Africa seas and oceans possess huge economic opportunities that...
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NIMASA begins 24 hour turnaround time for issuing debit notes
July 24, 2017 No Responses

NIMASA begins 24 hour turnaround time for issuing debit notes

In compliance with the Presidential directive on the resumption of 24 hour port operations in Lagos ports, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a 24 hour turnaround time for analysing cargo manifests and issuing Debit N...
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COSCO forecasts 50 % drop in profit
July 20, 2017 No Responses

COSCO forecasts 50 % drop in profit

Hong Kong-listed COSCO Shipping Energy Transportation forecasts a drop in profit for the first six months of this year of up to 57 percent year-on-year. Specifically, the group’s net profit attributable to the equity holders is expected to range between...
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How to make African seaports competitive, by NIMASA DG
July 20, 2017 No Responses

How to make African seaports competitive, by NIMASA DG

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Samsung wins conditional deal for vessel pair
July 20, 2017 No Responses

Samsung wins conditional deal for vessel pair

South Korean shipbuilder Samsung Heavy Industries (SHI) revealed it has inked a shipbuilding contract for two vessels with an unnamed shipowner.   As informed, the contract value is KRW 271 billion (around USD 242 million). The agreement remains conditional a...
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Rolls-Royce Inks service deal for 74 Vessels
July 19, 2017 No Responses

Rolls-Royce Inks service deal for 74 Vessels

UK-based engineering company Rolls-Royce has signed a three-year service agreement with Siem Offshore and Subsea 7 covering a total of 74 offshore vessels. Under the deal, Rolls-Royce will maintain and service all of the equipment it has delivered to the two....
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Dakuku: Integrity is the bedrock of success in politics
July 17, 2017 No Responses

Dakuku: Integrity is the bedrock of success in politics

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged Christian youths to embrace the biblical principles of honesty and integrity, which he described as the bedrock to success in politics and go...
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2015: Importation of consumables, household items into Nigeria gulps N7tri
July 15, 2017 No Responses

2015: Importation of consumables, household items into Nigeria gulps N7tri

The Minister of State for Industry, Trade and Investment, Mrs. Aisha Abubakar has said the sum of about N7 trillion was spent on the importation of consumables and household items into Nigeria in 2015. In her address in Kano on...
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Shell aquires Turritella FPSO
July 13, 2017 No Responses

Shell aquires Turritella FPSO

Shell Offshore has revealed that its affiliate, Shell E and P Offshore Services, will exercise a contractual right to buy the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore. The 159,100 dwt vessel is contracted for the....
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Workers shutdown Seaports over proposed law
July 12, 2017 No Responses

Workers shutdown Seaports over proposed law

Maritime Workers Union of Nigeria (MWUN) and the maritime branch of the Senior Staff Association of Communication, Transportation and Corporation (SSACTAC) on Tuesday shut down Seaports across the country to protest  against  which seeks to privatise some as...
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Critical role of Admiralty law to maritime sector’s growth, by Dakuku
July 12, 2017 No Responses

Critical role of Admiralty law to maritime sector’s growth, by Dakuku

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that there can be no maritime sector without admiralty law and that every aspect of shipping is governed by one law or the...
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Cosco to aquire OOIL for $6.3b, hits 400 vessels
July 10, 2017 No Responses

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...
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