Category: Maritime

Firm Faces $9.6m Fine Over Subcontracting Practices
December 27, 2018 No Responses

Firm Faces $9.6m Fine Over Subcontracting Practices

Citing unlawful subcontracting practices, the South Korean Fair Trade Commission  has fined Daewoo Shipbuilding & Marine Engineering (DSME)  $9.6 million.    According to investigators, from 2013 to 2016, DSME appointed 27 subcontractors for work related to offshore plants and vessels....
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2018 Tanker Deliveries May Slip Into 2019
December 26, 2018 No Responses

2018 Tanker Deliveries May Slip Into 2019

2018 has been a challenging year for tankers with rates bottoming out in the third quarter of the year, and finally ushering in a long-anticipated market recovery.  Due to weak industry returns and attractive scrap prices, owners provided some relief...
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NIMASA, STOAN, MWUN Others Sign Collective Bargaining Agreement
December 20, 2018 No Responses

NIMASA, STOAN, MWUN Others Sign Collective Bargaining Agreement

In a bid to ensure a better living standard for dock workers in the Nigeria maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) alongside other associations in the sector under the aegis of the National Joint Industrial Council.....
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Firm Secures $12m For Hydrogen-Powered Vessels
December 19, 2018 No Responses

Firm Secures $12m For Hydrogen-Powered Vessels

The Havyard project with Havila Kystruten on hydrogen-powered coastal route operations is to receive $12 million in funding from Pilot-E. The company said that the initiative could result in vessels with up to five times longer zero-emission voyages than other...
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US Coast Guard Lauds NIMASA, Offers Advise On Port Security
December 18, 2018 No Responses

US Coast Guard Lauds NIMASA, Offers Advise On Port Security

The United States Coast Guard has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for its efforts to improve security and operational efficiency within Nigeria’s maritime domain. The commendation was given in Lagos by a visiting coa...
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Firm Takes Delivery Of First LNG-Powered Container
December 17, 2018 No Responses

Firm Takes Delivery Of First LNG-Powered Container

Finland-based company Containerships, recently acquired by French CMA CGM, has welcomed into the fleet its first LNG-powered container vessel, M/S Containerships Nord, at Wenchong Shipyard, China. This is the first of a total of four LNG-fu...
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Agency Explains New Seaports Development Agenda
December 16, 2018 No Responses

Agency Explains New Seaports Development Agenda

The Ukrainian Sea Ports Authority has taken the next step in its development plans for the ports of Mariupol and Berdiansk in the Azov Sea. Namely, the authority, which was created for the integrated development of the port infrastructure of Ukraine,...
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Nigeria Approves $22.99m For Maritime Security
December 13, 2018 No Responses

Nigeria Approves $22.99m For Maritime Security

The Federal Executive Council (FEC) on Wednesday approved 22.995million dollars (N7.14billion) to enhance security of the nation’s Maritime sector The Minister of Transportation, Mr Rotimi Amaechi, disclosed this when he briefed State House correspondents on...
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COSCO, Abu Dhabi Ports Open New Terminal
December 11, 2018 No Responses

COSCO, Abu Dhabi Ports Open New Terminal

COSCO Shipping Ports and Abu Dhabi Ports on Monday inaugurated  CSP Abu Dhabi Terminal at Khalifa Port, adding Abu Dhabi as the regional hub for COSCO’s global network of 36 ports as part of China’s Belt and Road Initiative. This...
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US Imports Hit Two Million Containers In One Month
December 10, 2018 No Responses

US Imports Hit Two Million Containers In One Month

Imports at the major retail container ports in the US have set another record reaching 2 million containers in a single month as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from...
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Nigeria Implores Maritime Stakeholders On Sustained Economic Growth
December 8, 2018 No Responses

Nigeria Implores Maritime Stakeholders On Sustained Economic Growth

The Senate Committee on Marine Transport and the Federal Ministry of Transportation (FMOT) have called on stakeholders to join the Government in its recent efforts to pay more attention to the development of the maritime sector as it has enormous...
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Air Quality Violations: MSC Pays $630,625 Fine
December 7, 2018 No Responses

Air Quality Violations: MSC Pays $630,625 Fine

Swiss container shipping company Mediterranean Shipping Company (MSC) paid USD 630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean-Going Vessel At-Berth Regulation. As informed, the violations were discovered during a rou...
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Grimaldi Gets New Car, Truck Carrier
December 6, 2018 No Responses

Grimaldi Gets New Car, Truck Carrier

Italian shipping company Grimaldi Group has taken delivery of its newest Pure Car and Truck Carrier (PCTC) Grande Torino from the Chinese shipyard of Yangfan, Zhoushan.  According to the company, the unit is the first one from a series of seven sister...
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Maersk Explains 2050 Target For Zero CO2 Emission
December 6, 2018 No Responses

Maersk Explains 2050 Target For Zero CO2 Emission

A.P. Moller -Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for strong industry involvement   Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2...
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