Maritime – Page 50 – City Business News

November 20, 2023 No Responses

NPA To Clampdown On Illegal Container Stripping

The Managing Director of the Nigerian Ports Authority, Mr. Mohammed Bello Koko, over the weekend in Lagos, issued a stern warning against the illegal stripping of containers along the port access road, stressing that the Authority will deal decisively with...

November 19, 2023 No Responses

Firm Gets $530m Contract For Two LNG Carriers

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering Company (HD KSOE) has received an order to build two liquified natural gas (LNG) carriers for an undisclosed shipowner from Africa. According to the company’s stock exchange fi...

November 16, 2023 No Responses

Firm Earmarks $3b For Eleven LNG Carriers

After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. Under the agreement,...

November 15, 2023 No Responses

NIMASA DG Host Western Naval Command

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh says collaboration with the Nigerian Navy has played a key role in the achievements of his Administration in terms of maritime security in Nigerian waters and th...

November 13, 2023 No Responses

Cyber-Attack Disrupts Port Operations

Australia’s largest ports operator is set to keep its sites closed for days as it recovers from a cyber-attack, according to government officials. Operations at its container terminals in Melbourne, Sydney, Brisbane and Perth have been suspended since Fr...

November 12, 2023 No Responses

Firm Boosts Fleet With New LNG-Powered PCTC

Japanese shipping company, Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard, the 77,644 GT vessel...

November 9, 2023 No Responses

Bello, Onyema, Yusuf,Maida, Sheidu-Shabi , List Pathways To Nigeria’s Economic Growth

Former Executive Secretary, Nigerian Shippers Council (NSC), Hassan Bello has called for persistent capital market enlightenment campaign as part of measures to boost investors interest and the economy. Besides, Bello urged Nigerians to invest in Nigeria...

November 9, 2023 No Responses

Bello, Sheidu-Shabi, Harp On Exports, AfCFTA Opportunities

The Federal Government has been urged to devise an actionable plan for Nigeria to increase its exports and stop depending on importation of goods. Stakeholders who spoke at the 2023 summit organised by City Business News Online in Lagos, said...

November 6, 2023 No Responses

Ogbeifun, Shittu, Others For 2nd National Discourse On Maritime

As the countdown to the 2nd National Discourse with Distinguished Maritime Personalities approaches, the organizers, Maritime Nigeria and its associates have revealed the names of personalities expected at the event. Notable among maritime personalities expect...

November 5, 2023 No Responses

Hyundai Rolls Out Low-Carbon Electric Propulsion System For Large Ships

HD Korea Shipbuilding & Marine Engineering and HD Hyundai Heavy Industries (HHI), affiliates of HD Hyundai Shipbuilding, has received approval in principle (AIP) for the low-carbon electric propulsion system (phase II) for solid oxide fuel cell (SOFC) batt...

November 4, 2023 No Responses

Blue Economy: Jamoh, Gunter Paul Meet To Discuss Possibilities

The Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, has met with Professor Gunter Pauli to discuss possibilities in Nigeria’s Blue Economy, in Abuja. A statement issued by NIMASA explained that the meeting is a...

November 4, 2023 No Responses

Maersk To Sack 10,000 Workers

Danish container shipping giant, A.P. Moller-Maersk has revealed further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the contain...

November 3, 2023 No Responses

New Shippers Council Boss Harps On Teamwork

The newly appointed Executive Secretary/CEO of Nigerian Shippers’ Council (NSC), Mr. Akutah Pius Ukeyima on Wednesday officially assumed duty at the Council’s headquarters in Lagos. The new Shippers Council boss who was received by management and members o...

November 2, 2023 No Responses

AfCFTA: Nigeria To Host West, Central African Ports

In recognition of the remarkable improvements demonstrated by the Nigerian Ports Authority (NPA) toward advancing the frontiers of trade facilitation, the Port Management Association of West & Central Africa (PMAWCA) has conferred the hosti...

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Category: Maritime