NIMASA Set To Deploy Modular Floating Dock

NIMASA Set To Deploy Modular Floating Dock

The Nigerian Maritime Administration and Safety Agency, NIMASA has taken over areas leased to it by the Nigerian Ports Authority (NPA) at the Continental Shipyard for the operations of the Modular Floating Dock. According to NIMASA, the areas include but...
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Ocean Giants To Forge Mega Fleet

Ocean Giants To Forge Mega Fleet

China-based companies specializing in ocean-based heavy lift transport COSCO SHIPPING Specialized and Guangzhou Salvage have concluded a joint venture deal leading to the creation of a fleet of 18 semi-submersible vessels by the end of 2023. World Maritime New...
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Four Contenders Join Race For HMM’s $3.9b Privatization

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...
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EU Adopts Final Rules On Regulating Shipping’s Climate Impact

EU Adopts Final Rules On Regulating Shipping’s Climate Impact

The Council of the European Union has adopted the final rules on climate-neutral shipping as proposed in the FuelEU Maritime as a key part of the EU’s Fit for 55 package. World Maritime report that the final hurdle has been...
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Navy Deploys Deep Blue Assets Across South West, Central, Eastern Zonal Operations

Navy Deploys Deep Blue Assets Across South West, Central, Eastern Zonal Operations

The Nigerian Navy says assets acquired by the Nigerian Maritime Administration and Safety Agency, NIMASA under the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue project have been deployed across the Sout...
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NPA Raises Alarm  Over Increasing Extortion Along Port Access Road

NPA Raises Alarm  Over Increasing Extortion Along Port Access Road

The Nigerian Ports Authority (NPA) has raised the alarm on increasing extortion along the access roads of the Lagos and Tin Can Island Port Complexes.This is coming on the heels of the clearance operations the Authority undertook on 16th to...
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Nigeria, Benin Republic To Tackle Multiple Taxes On Transit Cargoes

Nigeria, Benin Republic To Tackle Multiple Taxes On Transit Cargoes

The Nigeria Customs Service (NCS) and the Benin Republic counterpart on Monday agreed to address the multiple taxes on transit cargoes along the ECOWAS corridor. They also agreed to harmonise the import prohibition policy to ensure that whatever was banned...
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Bidding Begins For South Korea’s Flagship Carrier

Bidding Begins For South Korea’s Flagship Carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM has been launched in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development B...
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No Vessel Caught Fire At Ports & Cargo Handling Services

No Vessel Caught Fire At Ports & Cargo Handling Services

Management of Ports & Cargo Handling Services Ltd., at Tin Can Island Port, on Friday, said that no vessel caught fire at its terminal. Group Head, Corporate Communications, SIFAX Group, Mr Olumuyiwa Akande, said: “Our attention has been drawn to...
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Shippers’ Council Visits Apapa LG, Seeks Collaboration

Shippers’ Council Visits Apapa LG, Seeks Collaboration

The management of Nigerian Shippers Council (NSC) has paid a courtesy visit to the Chairman of the Apapa Local Government, Idowu Adejumoke Senbanjo, to explore enhanced collaboration on smooth access to Apapa Ports roads. Speaking during the courtesy visit, th...
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US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

The United States Coast Guard says it is committed to Nigeria’s quest to implement the International Ships and Ports Security (ISPS) Facility Code in line with acceptable global best practices.  Lt. Cdr. Jonna L. Clouse who is leading a team...
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NPA Generates N191.4b Revenue In Six  Months, Remits N55.7b To CRF 

NPA Generates N191.4b Revenue In Six  Months, Remits N55.7b To CRF 

The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 (One hundred and ninety-one billion, four hundred and thirty million, ninety-three thousand and five hundred and one naira only) from its operations in the first half of.....
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WARRI PILOTAGE DISTRICT BERTHING VESSELS DESPITE  CHALLENGES

WARRI PILOTAGE DISTRICT BERTHING VESSELS DESPITE  CHALLENGES

Although the Escravos breakwaters constructed to prevent the siltation of the Warri channels collapsed decades ago and the current Management of the Authority, led by the Managing Director, Mohammed Bello Koko, has concluded the survey and mapping of the chann...
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LNG: Shell, Morocco Seal 12-Year Deal

LNG: Shell, Morocco Seal 12-Year Deal

The management of Shell has signed a 12-year arrangement to supply Morocco with 0.5 billion cubic meters (bcm) of liquefied natural gas (LNG) per year. A statement from the Energy Ministry explained that the agreement was signed by the National...
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