Category: Maritime

CABOTAGE: NO MORE WAIVERS, DAKUKU TELLS OIL COMPANIES
October 11, 2018 No Responses

CABOTAGE: NO MORE WAIVERS, DAKUKU TELLS OIL COMPANIES

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said the Agency will no longer encourage the application of any form of waivers under the Cabotage Act, particularly from the oil firms operations as...
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Maersk Invests In Digital Freight-Booking
October 11, 2018 No Responses

Maersk Invests In Digital Freight-Booking

Danish shipping major Maersk has unveiled an investment in a US-based digital freight broker, Loadsmart, as the company expands its footprint. Namely, the company’s launchpad for new ventures, Maersk Growth, is leading a USD 21.6 million Series A funding fo...
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ICTSI To Upgrade Terminal
October 9, 2018 No Responses

ICTSI To Upgrade Terminal

International Container Terminal Services, Inc. (ICTSI) has received a nod from the Philippine Ports Authority (PPA) to further expand its Manila flagship terminal.  The capacity improvements at the company’s Manila International Container Terminal (MICT)...
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Firm Seals $75.9m LNG Carriers Deal
October 8, 2018 No Responses

Firm Seals $75.9m LNG Carriers Deal

Keppel Offshore & Marine (Keppel O&M) has signed two additional contracts with Stolt-Nielsen Limited, following the exercise of options to build two additional small-scale LNG carriers. The deal, signed through the companies’ subsidiaries Keppel Sin...
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CMA CGM Begins Congestion Surcharge At Lagos Seaports
October 6, 2018 No Responses

CMA CGM Begins Congestion Surcharge At Lagos Seaports

By citybusinessnews@yahoo.com –     Citing increase in operational costs and   service disruption, the management of CMA CGM has resolved to commence congestion surcharge on Lagos import cargo with effect from October 15th, 2018.  In a circular iss...
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Maritime CEOs Renew Clamour For Decarbonization
October 5, 2018 No Responses

Maritime CEOs Renew Clamour For Decarbonization

The shipping industry must rise to the biggest technology challenge in 100 years in order to meet its decarbonization ambitions, a group of 34 maritime CEOs and industry leaders stressed in a call for action towards a new decarbonized future.  The...
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Samsung Secures Order For $180m LNG Carrier
October 2, 2018 No Responses

Samsung Secures Order For $180m LNG Carrier

South Korea’s shipbuilder Samsung Heavy Industries has clinched another order for a liquefied natural gas (LNG) carrier. According to the company’s stock exchange filing, the deal is worth around KRW 200.1 billion (USD 180 million). SHI added that the orde...
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Hyundai Signs Final Contracts for 20 Eco-friendly Containerships
October 1, 2018 No Responses

Hyundai Signs Final Contracts for 20 Eco-friendly Containerships

South Korean shipping company, Hyundai Merchant Marine (HMM) has signed formal contracts for its twenty eco-friendly mega containerships with three shipyards. Under the deals, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SH...
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Maritime Stakeholders Tackle Shipping of Counterfeit Goods
September 30, 2018 No Responses

Maritime Stakeholders Tackle Shipping of Counterfeit Goods

Representatives of the maritime industry have developed a set of best practices to reduce the volume of counterfeits shipped around the globe through checks on their customers and supply chains. The recommended best practices were developed as part of the...
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Shipowners Seek More Compliant Recycling Facilities
September 28, 2018 No Responses

Shipowners Seek More Compliant Recycling Facilities

Worried that the current recycling capacity included on the EU list is not enough to meet the demands of the EU Ship Recycling Regulation, the European Community Shipowners’ Association (ECSA) is asking for more capacity to be added to the...
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Shippers Forum Implores Maersk Line On New Fuel Surcharge
September 26, 2018 No Responses

Shippers Forum Implores Maersk Line On New Fuel Surcharge

Danish shipping company needs to reconsider its plan to introduce new fuel surcharge arrangements from January 1, 2019, the Global Shippers Forum (GSF) has said.   Earlier this month, Maersk Line said it will change fuel adjustment surcharge to recover pres...
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Dakuku Re-Elected AAMA Chairman
September 26, 2018 No Responses

Dakuku Re-Elected AAMA Chairman

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has been re-elected the Chairman of the Association of African Maritime Administration (AAMA) for another term. Dr. Dakuku who is the incumbent Chairm...
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Pirates Kidnap Ship’s Crew In Nigeria, Destroys Communications Equipment
September 24, 2018 No Responses

Pirates Kidnap Ship’s Crew In Nigeria, Destroys Communications Equipment

Pirates have kidnapped 12 crew members from a Swiss cargo vessel in Nigerian waters. Massoel Shipping said its vessel, MV Glarus, was carrying wheat from Lagos to Port Harcourt when it was attacked on Saturday. “The pirate gang boarded the...
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ICPC Seeks Joint Vessel Inspection At Seaports
September 21, 2018 No Responses

ICPC Seeks Joint Vessel Inspection At Seaports

The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies in the maritime sector to carry out joint inspection of vessels at the ports...
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