Category: Maritime

Critical role of Admiralty law to maritime sector’s growth, by Dakuku
July 12, 2017 No Responses

Critical role of Admiralty law to maritime sector’s growth, by Dakuku

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that there can be no maritime sector without admiralty law and that every aspect of shipping is governed by one law or the...
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Cosco to aquire OOIL for $6.3b, hits 400 vessels
July 10, 2017 No Responses

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...
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Abu Dhabi opens new seaport
July 9, 2017 No Responses

Abu Dhabi opens new seaport

Port developer and operator Abu Dhabi Ports officially inaugurated the new Delma Port, set to play an active role in promoting economic and social growth in the Al Dhafra region. Located on the eastern side of Delma Island, the new port...
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CMA CGM to sell majority stake in GGS terminal
July 4, 2017 No Responses

CMA CGM to sell majority stake in GGS terminal

French shipping major CMA CGM has signed a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA). Under the agreement signed with EQT Infrastructure III and its partner P5 Infrastructure on July...
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‘NIMASA is working with agencies to ensure academic activities at maritime varsity commence next session’
July 3, 2017 No Responses

‘NIMASA is working with agencies to ensure academic activities at maritime varsity commence next session’

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NIMASA to Shipowners: Give preference to Nigerian seafarers
July 1, 2017 No Responses

NIMASA to Shipowners: Give preference to Nigerian seafarers

In commemorating this year’s Day of the Seafarers with the theme; “Seafarers Matter”, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has assured Seafarers that their welfare is critical to th...
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ESL names First LNG-Fueled Bulker
June 30, 2017 No Responses

ESL names First LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has christened its new LNG-powered dry cargo vessel at the Jinling shipyard in Nanjing, China.  As informed, the first of the two ordered vessels was christened Viikki in line with...
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Group to Osinbajo: Intervene in NPA, INTELS face-off to save 20,000 jobs
June 29, 2017 No Responses

Group to Osinbajo: Intervene in NPA, INTELS face-off to save 20,000 jobs

The Nigerian Importers Integrity Association (NIIA) has said that no fewer than 20,000 jobs in the Niger Delta region could be lost as a result of the face-off between Nigerian Ports Authority (NPA) and oil and gas logistics giant, INTELS...
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New cyber attack goes global, hits Maersk
June 28, 2017 No Responses

New cyber attack goes global, hits Maersk

A cyber attack has shut down IT systems across multiple sites and business units owned by Danish transport and logistics major A.P. Moller – Maersk, the company confirmed earlier today.  APM Terminals is said to be among the hit business units, with...
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NIMASA DG reiterates support for Nigerian seafarers
June 27, 2017 No Responses

NIMASA DG reiterates support for Nigerian seafarers

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has joined the rest of the world in commemorating the International Day of the Seafarer with the Director General, Dr. Dakuku Peterside averring that there can be no maritime sector without the.....
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Drewry: West African Port Projects in Uncertain Waters
June 27, 2017 No Responses

Drewry: West African Port Projects in Uncertain Waters

Most West African port projects are in uncertain waters amid a change in the location and nature of transhipment hubs serving the region’s port market, according to shipping consultancy Drewry. In the long run, major new port projects “will make...
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COSCO votes $1.7B on 14 ULCVs
June 26, 2017 No Responses

COSCO votes $1.7B on 14 ULCVs

China COSCO Shipping Corp has embarked on a major shopping spree, adding 14 ultra large containership newbuilds to its fleet. The investment comes as the company targets routes from Asia to Europe prompted by new free trade deals, as informed by the China.....
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maritime transport policy critical to national economic growth, says NIMASA DG
June 20, 2017 No Responses

maritime transport policy critical to national economic growth, says NIMASA DG

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has stated that Nigeria is in dire need of a Maritime Transport policy which will complement the existing National Transport Policy and advance the c...
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Rolls-Royce’s engines to power world’s largest hybrid ferry
June 19, 2017 No Responses

Rolls-Royce’s engines to power world’s largest hybrid ferry

UK-based engineering company Rolls-Royce has received an order for four diesel engines to power the world’s largest hybrid ferry being built for the Norwegian cruise and transport company Color Line. The ferry is designed by Fosen and will be built...
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