Category: Maritime

Shipping Firm Develops New Port Supply Chain
April 7, 2019 No Responses

Shipping Firm Develops New Port Supply Chain

Hong Kong-based port operator COSCO Shipping Ports signed an investment agreement with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau. Under the deal, the company plans to develop phase I of terminal extended business in the land near Nansha...
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CMA CGM Christens New Ship For French West Indies
April 6, 2019 No Responses

CMA CGM Christens New Ship For French West Indies

French container shipping company CMA CGM has christened CMA CGM Fort De France, the company’s 1st vessel dedicated to the French West Indies. The Post-Panamax containership was christened by Annick Girardin, French Minister for Overseas Territories, in Mart...
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Firm Seals LNG Carrier Charter Deal With JERA
April 3, 2019 No Responses

Firm Seals LNG Carrier Charter Deal With JERA

Greece-based shipping company Maran Gas Maritime, a subsidiary of the Angelicoussis Group, has concluded a time charter contract with Japan’s JERA for one LNG carrier newbuild. Maran Gas signed the agreement with LNG Marine Transport Limited (LMT), a unit of...
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Shipping Firm Secures $407m Financing
March 31, 2019 No Responses

Shipping Firm Secures $407m Financing

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has decided to raise JPY 45 billion (USD 406.6 million) through a new subordinate loan. As informed, the loan proceeds will be used for the repayment of interest-bearing debts and capital expenditures...
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Firms Seal 12-Year LNG Deal
March 29, 2019 No Responses

Firms Seal 12-Year LNG Deal

Monaco-based LNG carrier owner and operator GasLog has entered into a 12-year fixed-term charter with Japan’s JERA for a newbuild LNG carrier. GasLog signed the agreement with LNG Marine Transport Limited, the principal LNG shipping entity of JERA. The vesse...
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LNG Fueled Ferry Joins Brittany Network
March 27, 2019 No Responses

LNG Fueled Ferry Joins Brittany Network

French shipping company Brittany Ferries has confirmed the charter of a third brand new cruise-ferry to serve its long-haul routes. To be powered by LNG, the ship will be built at the AVIC Weihai Shipyard in China and is due...
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LNG Firm Seals 12 Months Charter Deal
March 25, 2019 No Responses

LNG Firm Seals 12 Months Charter Deal

UK-based Flex LNG has entered into a time-charter agreement with an international energy major for one of its LNG carriers. As announced by the company, the time charter period is for a firm period of 12 months and will start...
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Shell, Unilever, Heineken, Others Partner Maersk On Decarbonixation Of Ocean Shipping
March 23, 2019 No Responses

Shell, Unilever, Heineken, Others Partner Maersk On Decarbonixation Of Ocean Shipping

Convinced of the urgency to act on climate, a group of Dutch multinationals – FrieslandCampina, Heineken, Philips, DSM, Shell and Unilever – all members of the Dutch Sustainable Growth Coalition (DSGC), will join forces with A.P. Moller – Mae...
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NIMASA Signs Sea Time Training MoU For Nigerian Cadets With India
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...
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Samsung Secures Fresh Order For $190.6m LNG Carrier
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)....
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NIMASA, Stakeholders Move To End Cabotage Waivers
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...
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LNG Bunkering Begins At Seaport
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.....
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NIMASA, Stakeholders Seal Service Level Agreement
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...
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Shipping Firm Invests $55m In Scrubbers
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...
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