Category: Maritime

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...
read more
AAMA: Ship owners seek support for NIMASA DG
April 28, 2017 No Responses

AAMA: Ship owners seek support for NIMASA DG

read more
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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
37 ships to fly Saudi Arabia’s flag
April 19, 2017 No Responses

37 ships to fly Saudi Arabia’s flag

National Shipping Company of Saudi Arabia (Bahri) has revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017. The move comes amid a...
read more
CMG eyes stake in Brazilian container port
April 17, 2017 No Responses

CMG eyes stake in Brazilian container port

Chinese state-owned corporation China Merchants Group (CMG) is looking to spread its footprint in Brazil as the company is reportedly in negotiations to buy Advent International Corp’s 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, loc...
read more
World’s largest boxship joins Maersk Line’s fleet
April 13, 2017 No Responses

World’s largest boxship joins Maersk Line’s fleet

Danish container shipping major Maersk Line has taken delivery of Madrid Maersk, a 20,568 TEU boxship, from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), the shipping company told World Maritime News.  The ultra large container...
read more
World’s 1st Ship tunnel step closer to construction
April 7, 2017 No Responses

World’s 1st Ship tunnel step closer to construction

Norway’s Stad Ship Tunnel project, also known as the world’s first full-scale ship tunnel, is moving toward construction process. Already, about $173million has been earmarked for the project in the first half of the planning period (2018 – 2029).  Th...
read more
Report explains 22.4 per cent drop in terminal operators’ earnings
April 3, 2017 No Responses

Report explains 22.4 per cent drop in terminal operators’ earnings

A report published in March by top global accounting and audit firm, Deloitte has revealed that Terminal Handling Charges (THC), which is the main revenue stream of terminal operators in Nigeria, declined by 22.4 per cent between 2006 and 2016...
read more
1 … 131 132 133 134 135 … 148