Category: Maritime

Shell Suspends All Red Sea Shipments 
January 18, 2024 No Responses

Shell Suspends All Red Sea Shipments 

Shell has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial vessels on the key global trade route. Shell is the latest firm in a long line of companies, which decided to...
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NSC Decries Rail Tracks Vandalism 
January 18, 2024 No Responses

NSC Decries Rail Tracks Vandalism 

The Nigerian Shippers’ Council (NSC) has expressed concern over the vandalism and theft of railway tracks connecting inland ports across the country. The council’s Executive Secretary, Pius Akutah, raised the concern on Tuesday while inspecting the Funtua ...
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APM Terminals To Invest $500m In Port Terminal
January 16, 2024 No Responses

APM Terminals To Invest $500m In Port Terminal

A.P. Moller-Maersk’s APM Terminals has partnered with Plaquemines Port Harbor and Terminal District (Plaquemines Port) to build a major container terminal on the West Bank of Plaquemines Parish, Louisiana, United States. According to APM Terminals, the new t...
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Ministers Harp On Use Of Scanners At Seaports
January 16, 2024 No Responses

Ministers Harp On Use Of Scanners At Seaports

As part of efforts to ensure ports efficiency and competitiveness, the ministers of Marine and Blue Economy, Adegboyega Oyetola, Transportation, Senator Said Ahmed Alkali and CG Customs, Bashir Adeniyi met on Monday and agreed that physical inspection of cargo...
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QatarEnergy Seals $2.4b Contract For Eight LNG Carriers
January 14, 2024 No Responses

QatarEnergy Seals $2.4b Contract For Eight LNG Carriers

QatarEnergy has sealed a contract with Chinese shipbuilder, CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers valued at over $2.4 billion and are to be delivered between 2028 and 2029. According to World Maritime Ne...
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Blue Economy: The Role Of Academia, By Jamoh
January 11, 2024 No Responses

Blue Economy: The Role Of Academia, By Jamoh

The academia has a major role to play in the development of the Blue Economy in Nigeria, Director General of the Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh has said Dr Jamoh, who stated this during a courtesy...
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Firm Gets $716m Contract For 15 Petrochemical Carriers
January 10, 2024 No Responses

Firm Gets $716m Contract For 15 Petrochemical Carriers

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured $716 million contract for fifteen petrochemical product carriers. According to the shipbuilder company, the units will be constructed at Hyundai Mipo Dockya...
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LNG Firm Seals Charter Deals
January 5, 2024 No Responses

LNG Firm Seals Charter Deals

UK-based small-scale LNG company, Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Under the arrangement, Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter...
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Customs Boss Tasks Personnel On N5.1Trillion Revenue Target For 2024
January 4, 2024 No Responses

Customs Boss Tasks Personnel On N5.1Trillion Revenue Target For 2024

The Nigeria Customs Service (NCS) cannot afford to disappoint the country in realising its N5 trillion revenue target for 2024.  Comptroller General, Adewale Adeniyi, said this shortly after decorating some promoted officers of the service on Thursday, in...
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Tinubu Appoints New Executive Directors For NPA, NIMASA
January 4, 2024 No Responses

Tinubu Appoints New Executive Directors For NPA, NIMASA

President Bola Tinubu has approved New Executive Directors for Nigerian Ports Authority (NPA):and Nigerian Maritime Administration and Safety Agency (NIMASA) under the Federal Ministry of Marine and Blue Economy: Nigerian Ports Authority (NPA): (A) Ms. Vivian ...
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Nasarawa Partners Shippers Council On Inland Dry Port, Export
January 1, 2024 No Responses

Nasarawa Partners Shippers Council On Inland Dry Port, Export

As part of measures to facilitate seamless export out of the country, the Nasarawa State Government has expressed willingness to partner with the Nigerian Shippers’ Council (NSC) for the establishment of an Inland Dry Port (IDP) in the state. Speaking...
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Revamping Nigeria’s Seaports For Growth
December 31, 2023 No Responses

Revamping Nigeria’s Seaports For Growth

On assumption of duty as Managing Director/CEO of the Nigerian Ports Authority NPA, Mohammed Bello-Koko was quite clear and intentional on his mission and vision for the nation’s seaports, which were then seriously grappling with infrastructural decay across...
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China Maintains Lead In Global Shipbuilding
December 28, 2023 No Responses

China Maintains Lead In Global Shipbuilding

China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023, capturing over 50 percent of the world market. New orders followed suit, witnessing an impressive 63.8 percent YoY increas...
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Photo News
December 28, 2023 No Responses

Photo News

L-R: Mrs. Afolashade Afolabi, wife of SIFAX Group Chairman; Guest Artiste, Titilayo Gbadebo (EyinjuJesu Ministry) and Dr. Taiwo Afolabi, Chairman, SIFAX Group at the maiden edition of the SIFAX Group Annual Thanksgiving held at the Lagos Marriott Hote
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