COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

COSCO posts $695m loss in 2016, records 22.6 % drop in shipping, others

(WMN) COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, saw a net loss of SGD 976.1 million (USD 695.5 million) in 2016, against a net loss of SGD 914.8 million (USD 651.8 million) recorded in 2015,...
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NIMASA targets strategic growth with 2017 Budget

NIMASA targets strategic growth with 2017 Budget

The 2017 budget of Nigerian Maritime Administration and Safety Agency (NIMASA) is tailored towards strategic growth and other developmental initiatives of the maritime sector, Director General, Dr. Dakuku Peterside has said. The DG who stated this during the 2...
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Nigeria to host 32 countries on future of maritime in Africa

Nigeria to host 32 countries on future of maritime in Africa

Come April 19th-21, 2017, Nigeria would be hosting the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) in Abuja, at the Transcorp Hilton Hotel. The meeting which will be hosted by the Nigerian Maritime Administr...
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Strategic role of professionalism in maritime’s development, by NIMASA DG

Strategic role of professionalism in maritime’s development, by NIMASA DG

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that professionalism has a key role to play in the development and growth of the maritime industry in Nigeria. Dr. Peterside who made...
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China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

(WMN) China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report freight tariffs to the ministry or were inconsistent with the reported ones. Companies have been punished with a total of RMB 2....
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CMA CGM, Alibaba seal MOU on Digital Cooperation

CMA CGM, Alibaba seal MOU on Digital Cooperation

French container shipping major CMA CGM and Chinese e-commerce company Alibaba have signed a memorandum of understanding (MOU) in Hangzhou, China, to seek cooperation in the digital area. The duo intends to provide digitized services via the One Touch platform...
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NIIA faults clamour for transfer of containers to Ikorodu terminal

NIIA faults clamour for transfer of containers to Ikorodu terminal

An importer and President of the Nigerian Importers Integrity Association (NIIA), Godwin Onyekazi, has said that the nation’s seaports are operating well below capacity and should not transfer long-standing (overtime) containers to offdock facilities especia...
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CMA CGM gets new CEO

CMA CGM gets new CEO

(WMN)-Rodolphe Saadé has been appointed as the new Chief Executive Officer of the French shipping company CMA CGM Group, taking over the reins from his father Mr. Jacques Saadé. Jacques Saadé remains Chairman of the Board of Directors, the company informe...
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NIMASA refutes report on Maritime Varsity as Board reiterates  support for resource development  centre

NIMASA refutes report on Maritime Varsity as Board reiterates support for resource development centre

By Moses Ebosele –   The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied report alleging its opposition to the establishment ofMaritime University at Okerenkoko, in Warri South West Local Government Area of Delta State. A stateme...
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NPA partners NIM on capacity building

NPA partners NIM on capacity building

The Nigerian Ports Authority ( NPA) has expressed its readiness to partner with the Nigerian Institute of Management (NIM) ) for effective training and capacity building of its workforce. Managing Director of NPA, Ms Hadiza Bala Usman stated this when...
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2,500 NSDP graduates to get seatime training in 2017, says NIMASA DG

2,500 NSDP graduates to get seatime training in 2017, says NIMASA DG

About 2500 graduates of the NSDP programme will be assisted to get trained on Sea going Vessels for their mandatory sea time in 2017, the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Peterside Dakuku has said...
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GMS: Uncertainty looms over Pakistani Shipbreaking yards

GMS: Uncertainty looms over Pakistani Shipbreaking yards

(WMN) The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for the fate of new arrivals and clearance permissions on existing deals, according to GMS, a cash buyer of ships for recycling. Namely, the uncertainty...
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Peterside pledges to sustain reforms at NIMASA

Peterside pledges to sustain reforms at NIMASA

By Moses Ebosele   The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated that the present Management is on course in its bid to reform, reposition, restructure and reorganise the Agency.  D...
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CMA CGM to reorganise Asia, West Africa offering

CMA CGM to reorganise Asia, West Africa offering

With effect from March 2017, CMA CGM Group is to streamline its product offering from 5 to 4 direct weekly services on the Asia – West Africa market with an optimised port coverage: The new development entails: Withdrawal of WAX...
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