Ports & Cargo Launches Graduate Training Scheme

Ports & Cargo Launches Graduate Training Scheme

Ports & Cargo Handling Services Ltd. (PCHS), a subsidiary of SIFAX Group has inducted 25 young engineers into its newly-established Graduate Trainee Programme.  Managing Director, PCHS, Mr John Jenkins, in  a statement on Monday explained that the programme was in line...
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CIECOBON At Shippers’ Council, Harps On Nigerian Exports  

CIECOBON At Shippers’ Council, Harps On Nigerian Exports  

The Chartered Institute of Export and Commodity Brokers of Nigeria (CIECOBON) has urged the Federal Government through the Nigerian Shippers’ Council (NSC) to establish an export-specific port to further encourage exports.   The President/Council Chairm...
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Ministry Of Transportation Inaugurates N300.67m Projects At Seme Border  

Ministry Of Transportation Inaugurates N300.67m Projects At Seme Border  

The Federal Government on Friday inaugurated three projects executed by the Federal Ministry of Transportation worth N300.67 million at the Seme-Krake Joint Border Post, Lagos.      Inaugurating the projects, Prince Ademola Adegoroye, the Minist...
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NPA Photo News

NPA Photo News

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Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization 

Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization 

Foremost Container shipping heavyweight, A.P. Moller – Maersk has reported exceptional financial results for the year 2022.  Despite the abnormal market conditions caused by the COVID-19 pandemic, the company reported solid performance across all its bu...
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Korean Envoy Harps On African Continent’s Blue Economy Potentials 

Korean Envoy Harps On African Continent’s Blue Economy Potentials 

The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong has described Nigeria as the gateway to unlocking the potential of the African Continent’s Blue Economy.  Choi Yeong, who made the assertion during a courtesy cal...
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World’s Largest Containership Squeezes Through Suez Canal 

World’s Largest Containership Squeezes Through Suez Canal 

Evergreen’s giant 24,000 TEU containership, Ever Acme has transited the Suez Canal while on its maiden voyage from Malaysia to the Netherlands.  The ship is the newest addition to Evergreen’s A-type vessel series and can carry over 24,000 co...
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Six Die In Lagos Ship Accident

Six Die In Lagos Ship Accident

Contrary to earlier reports, six yet-to-be-identified persons were at the weekend confirmed dead after an accident in a vessel around Atlas Cove, Lagos State.  The deceased were said to have been working on the tanker of the vessel identified as...
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NPA To Receive 22 Ships At Lagos Ports 

NPA To Receive 22 Ships At Lagos Ports 

The Nigerian Ports Authority (NPA) on Friday disclosed that out of the 22 ships expected to arrive at the Lagos Port Complex, one was carrying petrol.  According to NPA, the remaining 21 ships expected to arrive at the ports were...
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CNG Declares 2023 Multinational Maritime Exercise Successful 

CNG Declares 2023 Multinational Maritime Exercise Successful 

The Chief Of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Friday said the 2023 multinational maritime exercise in the Gulf of Guinea, codenamed ‘Obangame Express’, was a huge success.  Gambo said this during the review of the exercise at...
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NPA Probes Ojuelegba Container Accident  

NPA Probes Ojuelegba Container Accident  

The Management of Nigerian Ports Authority (NPA) has commenced full scale investigation to ascertain the source of container linked to last Sunday accident that clamed nine lives.   NPA in a statement obtained by City Business News on Tuesday, commis...
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Maersk, MSC Terminate Alliance  

Maersk, MSC Terminate Alliance  

Container shipping giants, MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025.   2M is a container shipping line vessel sharing agr...
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NIMASA Photo News

NIMASA Photo News

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NIMASA Task Banks On $350m Cabotage Fund Guidelines 

NIMASA Task Banks On $350m Cabotage Fund Guidelines 

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350 million Cabotage Vessels Finance Fund (CVFF).  The PLIs approved ...
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