Category: Maritime

Port of Virginia hosts COSCO Development
May 11, 2017 No Responses

Port of Virginia hosts COSCO Development

The Port of Virginia welcomed on May 8 COSCO Development, the largest containership to call this port and the US East Coast.  The 13,092 TEU boxship breaks the previous record held by the 10,000 MOL Benefactor when it sailed to Norfolk International Terminals...
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Bahri explains partnership with Hyundai
May 9, 2017 No Responses

Bahri explains partnership with Hyundai

The National Shipping Company of Saudi Arabia (Bahri) has signed a Memorandum of Understanding (MoU) with the South Korean shipbuilder Hyundai Heavy Industries (HHI) for cooperation in the field of big data. The agreement sets up a comprehensive framework for...
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COSCO Shipping to sell stake in shipyard assets
May 8, 2017 No Responses

COSCO Shipping to sell stake in shipyard assets

COSCO Shipping International (Singapore) has decided to sell equity interest in its shipyard assets for a price of CNY 1.46 billion (USD 211.5 million) to COSCO Shipping Heavy Industry. In an effort to centralize operations and management, the company said i...
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Shippers Council unveils agenda for Truck Transit Park, Container Depot in Edo
May 5, 2017 No Responses

Shippers Council unveils agenda for Truck Transit Park, Container Depot in Edo

Edo State Governor, Mr. Godwin Obaseki has indicated his administration’s readiness to support the Nigeria Shippers Council (NSC) to establish an Inland Container Depot and a Truck Transit Terminal, which would facilitate diversity in economic activities.  ...
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FPSO vessel to berth at LADOL’s multi-purpose facility in September
May 4, 2017 No Responses

FPSO vessel to berth at LADOL’s multi-purpose facility in September

Arrangements are in top gear to receive Egina Floating Production Storage and Offloading (FPSO) Vessel at Lagos Deep Offshore Logistics Base (LADOL) facility in September.    FPSO is a floating vessel located near an oil platform, where oil is processed...
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Singapore: Well-Positioned for Maritime Industry
May 2, 2017 No Responses

Singapore: Well-Positioned for Maritime Industry

Singapore has once again clinched the top position in Menon’s Leading Maritime Capitals of the World Report, the third edition of the maritime report where Singapore was also ranked first in 2015 and 2012. Singapore was ranked number one in...
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AAMA: Ship owners seek support for NIMASA DG
April 28, 2017 No Responses

AAMA: Ship owners seek support for NIMASA DG

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Cosco Shipping Ports’ profit down as volumes rise
April 26, 2017 No Responses

Cosco Shipping Ports’ profit down as volumes rise

China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended March 31, 2017 reach USD 45.2 million, slightly down from USD 48.3 million reported in the same period a year earlier. The terminal operator als...
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NIMASA renews MOU with the Navy
April 25, 2017 No Responses

NIMASA renews MOU with the Navy

In line with its mandate to ensure safety and security in the Nigerian territorial waters, the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy have renewed the existing Memorandum of Understanding (MoU) to protect and secure o...
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Daewoo Shipbuilding seeks court approval for debt rescheduling
April 24, 2017 No Responses

Daewoo Shipbuilding seeks court approval for debt rescheduling

After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) filed for a court approval for debt rescheduling on April 20, Yonhap News Agency said. An approval from the...
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Buhari congratulates NIMASA DG as IMO seeks increased participation of Africa in global shipping
April 23, 2017 No Responses

Buhari congratulates NIMASA DG as IMO seeks increased participation of Africa in global shipping

President Muhammadu Buhari has congratulated the Director General of the Nigerian Maritime Administration and safety Agency (NIMASA) Dr. Dakuku Peterside over his election as the Chairman of the Association of African Maritime Administrations (AAMA). The Presi...
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Dakuku emerges new Chairman of AAMA
April 22, 2017 No Responses

Dakuku emerges new Chairman of AAMA

The Director General of Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside has been elected as the new Chairman of the Association of African Maritime Administrators (AAMA). This is one of the decisions reached at the just concluded third...
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Buhari implores African maritime administrators on security
April 21, 2017 No Responses

Buhari implores African maritime administrators on security

President Muhammadu Buhari on Thursday urged African maritime administrators and regulators to ensure a coherent collaborative continental response to the challenges facing the maritime space.   Represented by his Vice, Prof Yemi Osinbajo, Buhari  gave the c...
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NPA MD: Optimal utilisation of Tarkwa Bay facilities to create more employment
April 20, 2017 No Responses

NPA MD: Optimal utilisation of Tarkwa Bay facilities to create more employment

The Management of the Nigerian Port Authority (NPA) has assured stakeholders that it would not relent in its efforts at ensuring optimal utilization of the organization facilities at all locations.   The Managing Director of  NPA, Hadiza Bala Usman made...
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