Category: Maritime

Firm Gets $716m Contract For 15 Petrochemical Carriers
January 10, 2024 No Responses

Firm Gets $716m Contract For 15 Petrochemical Carriers

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured $716 million contract for fifteen petrochemical product carriers. According to the shipbuilder company, the units will be constructed at Hyundai Mipo Dockyard (HMD) and are expected...
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LNG Firm Seals Charter Deals
January 5, 2024 No Responses

LNG Firm Seals Charter Deals

UK-based small-scale LNG company, Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Under the arrangement, Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter...
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Customs Boss Tasks Personnel On N5.1Trillion Revenue Target For 2024
January 4, 2024 No Responses

Customs Boss Tasks Personnel On N5.1Trillion Revenue Target For 2024

The Nigeria Customs Service (NCS) cannot afford to disappoint the country in realising its N5 trillion revenue target for 2024.  Comptroller General, Adewale Adeniyi, said this shortly after decorating some promoted officers of the service on Thursday, in...
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Tinubu Appoints New Executive Directors For NPA, NIMASA
January 4, 2024 No Responses

Tinubu Appoints New Executive Directors For NPA, NIMASA

President Bola Tinubu has approved New Executive Directors for Nigerian Ports Authority (NPA):and Nigerian Maritime Administration and Safety Agency (NIMASA) under the Federal Ministry of Marine and Blue Economy: Nigerian Ports Authority (NPA): (A) Ms. Vivian ...
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Nasarawa Partners Shippers Council On Inland Dry Port, Export
January 1, 2024 No Responses

Nasarawa Partners Shippers Council On Inland Dry Port, Export

As part of measures to facilitate seamless export out of the country, the Nasarawa State Government has expressed willingness to partner with the Nigerian Shippers’ Council (NSC) for the establishment of an Inland Dry Port (IDP) in the state. Speaking...
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Revamping Nigeria’s Seaports For Growth
December 31, 2023 No Responses

Revamping Nigeria’s Seaports For Growth

On assumption of duty as Managing Director/CEO of the Nigerian Ports Authority NPA, Mohammed Bello-Koko was quite clear and intentional on his mission and vision for the nation’s seaports, which were then seriously grappling with infrastructural decay across...
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China Maintains Lead In Global Shipbuilding
December 28, 2023 No Responses

China Maintains Lead In Global Shipbuilding

China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023, capturing over 50 percent of the world market. New orders followed suit, witnessing an impressive 63.8 percent YoY increas...
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Photo News
December 28, 2023 No Responses

Photo News

L-R: Mrs. Afolashade Afolabi, wife of SIFAX Group Chairman; Guest Artiste, Titilayo Gbadebo (EyinjuJesu Ministry) and Dr. Taiwo Afolabi, Chairman, SIFAX Group at the maiden edition of the SIFAX Group Annual Thanksgiving held at the Lagos Marriott Hote
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MSC Containership Attacked In Red Sea
December 28, 2023 No Responses

MSC Containership Attacked In Red Sea

MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted...
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Samsung Secures $240m Contract For Two LPG Carriers
December 27, 2023 No Responses

Samsung Secures $240m Contract For Two LPG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has won $240 million contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to comp...
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Firm Seals $3.1b Deal For 11 LNG Carriers
December 23, 2023 No Responses

Firm Seals $3.1b Deal For 11 LNG Carriers

A maritime firm, Shipowner Capital Product Partners has sealed  agreement for  the acquisition of 11 newbuild Liquefied Natural Gas (LNG) carrier vessels worth $3.1billion.  World Maritime News report that each vess...
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NIMASA, NSML Partner To Train 150 NSDP Cadets
December 22, 2023 No Responses

NIMASA, NSML Partner To Train 150 NSDP Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a training agreement with the Nigerian Liquified Natural Gas, NLNG Ship Management Limited, NSML, to facilitate Certificate of Competency (CoC) examinations for beneficiaries of the Nig...
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Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation
December 20, 2023 No Responses

Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation

The minister of Marine and Blue Economy, Adegboyega Oyetola, has said that access roads leading to the ports in Nigeria play a pivotal role in the efficiency of the ports. To this end, he has appealed to the minister of...
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Oyetola Raises Committee To Review E- Call Up
December 20, 2023 No Responses

Oyetola Raises Committee To Review E- Call Up

As part of efforts to reduce the Apapa gridlock and strengthen the E-call up system, Marine and Blue Economy minister, Adegboyega Oyetola has set up a committee to review the E-call up system and come up with measures to ensure...
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