Maritime – Page 131 – City Business News

March 23, 2019 No Responses

NIMASA Signs Sea Time Training MoU For Nigerian Cadets With India

The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to partnerships with international institutions for sea time training of Nigerians under the Nigerian Seafarers Development Programme (NSDP). Director General of NIMASA, Dr. Dakuku Peterside, said this in...

March 23, 2019 No Responses

Samsung Secures Fresh Order For $190.6m LNG Carrier

South Korea’s Samsung Heavy Industries has signed a deal for the construction of one more liquefied natural gas (LNG) carrier. According to the company’s stock exchange filing, the new order has a value of KRW 215.4 billion (USD 190.6 million)....

March 22, 2019 No Responses

NIMASA, Stakeholders Move To End Cabotage Waivers

As part of efforts to actualise the full implementation of the Cabotage Act, 2003, which aims to promote indigenous participation in shipping in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) and key industry players have mapped out a...

March 21, 2019 No Responses

LNG Bunkering Begins At Seaport

Polish Natural Gas Companies (PGNiG) and LOTOS have completed two commercial bunkering operations of Liquefied Natural Gas (LNG) in what PGNiG says are the first operations of this kind carried out at seaports in Gdańsk and Gdynia. The first bunkering.....

March 20, 2019 No Responses

NIMASA, Stakeholders Seal Service Level Agreement

The Federal Government has restated its commitment to prompt an effective service delivery, especially in its Ministries, Departments and Agencies (MDAs), saying it is an essential condition for economic development. President Muhammadu Buhari’s Specia...

March 19, 2019 No Responses

Shipping Firm Invests $55m In Scrubbers

Swedish tanker shipping company Stena Bulk has made a USD 55 million investment in scrubbers that will encompass sixteen of the company’s vessels. As World Maritime News already reported, ten of the company’s IMOIIMAX vessels and five Suezmaxes will be...

March 18, 2019 No Responses

New LNG Carrier Begins Charter To Shell

Greece-based LNG carrier, GasLog Gladstone and GasLog Warsaw are to commence long term charter to Shell. Owner and operator, GasLog recently named the two new Samsung Heavy Industries-built ships at a ceremony on March 12. According to the company, the.....

March 15, 2019 No Responses

MSC Seals Deal On New Ships

Switzerland-based shipping company MSC Cruises and Italian shipbuilder Fincantieri on Thursday signed the final contracts for the construction of four luxury cruise ships. This announcement follows a memorandum of agreement inked between the two parties in Oct...

March 13, 2019 No Responses

CMA CGM To Test Sustainable Marine Biofuel

French container shipping company CMA CGM and Dutch Port of Rotterdam have joined forces with IKEA Transport & Logistics Services and the GoodShipping Program to test and scale the use of sustainable marine biofuel oil. The test will commence with...

March 11, 2019 No Responses

Container Terminal Declares $1.2B Revenue For 2018

Philippines-based port management company International Container Terminal Services (ICTSI) has increased its 2018 profit on the back of a six percent increase in TEU volume and inclusion of new terminals. Consolidated volume for 2018 rose to 9,736,621 TEUs, c...

March 10, 2019 No Responses

Hyundai Acquires Daewoo Shipbuilding Firm

South Korea’s shipbuilding group Hyundai Heavy Industries (HHI) has signed a formal deal to proceed with the acquisition of its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME). The deal was inked with Korean state lender Korea Development...

March 9, 2019 No Responses

DAKUKU SEEKS ACTIVE INVOLVEMENT OF WOMEN IN BLUE ECONOMY

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has praised women in the country for their contributions and achievements in the typically male-dominated maritime sector. But he also called for the...

March 5, 2019 No Responses

CMA CGM Explains $1.2b Cost-Cutting Plan

French shipping major CMA CGM is launching a USD 1.2 billion cost reduction plan despite record revenues seen in 2018. As informed, the company will implement “a global plan” in 2019 to improve its operational performance. CMA CGM intends to...

March 5, 2019 No Responses

Firm Invites Bids For Design Of New LNG Bunkering Vessels

Greece-based company probunkers is taking one more step towards the implementation of its LNG bunkering project by inviting stakeholders’ proposals for the design of the company’s LNG bunkering vessels (LNGBVs). As part of its new project, probunkers&nbs...

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Category: Maritime