Samsung Secures $240m Contract For Two LPG Carriers

Samsung Secures $240m Contract For Two LPG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has won $240 million contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to complete and deliver the...
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Firm Seals $3.1b Deal For 11 LNG Carriers

Firm Seals $3.1b Deal For 11 LNG Carriers

A maritime firm, Shipowner Capital Product Partners has sealed  agreement for  the acquisition of 11 newbuild Liquefied Natural Gas (LNG) carrier vessels worth $3.1billion.  World Maritime News report that each vess...
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NIMASA, NSML Partner To Train 150 NSDP Cadets

NIMASA, NSML Partner To Train 150 NSDP Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a training agreement with the Nigerian Liquified Natural Gas, NLNG Ship Management Limited, NSML, to facilitate Certificate of Competency (CoC) examinations for beneficiaries of the Nig...
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Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation

Ports access roads: Oyetola meets Umahi, lists 15 roads requiring urgent rehabilitation

The minister of Marine and Blue Economy, Adegboyega Oyetola, has said that access roads leading to the ports in Nigeria play a pivotal role in the efficiency of the ports. To this end, he has appealed to the minister of...
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Oyetola Raises Committee To Review E- Call Up

Oyetola Raises Committee To Review E- Call Up

As part of efforts to reduce the Apapa gridlock and strengthen the E-call up system, Marine and Blue Economy minister, Adegboyega Oyetola has set up a committee to review the E-call up system and come up with measures to ensure...
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FG WELCOMES UN DECISION TO EXTEND NIGERIA’S MARITIME BORDER

FG WELCOMES UN DECISION TO EXTEND NIGERIA’S MARITIME BORDER

The Federal Government has welcomed the decision by the United Nations to extend Nigeria’s continental shelf from 200 Nautical Miles to 220 Nautical Miles. This coincides with the creation of the Ministry of Marine and Blue Economy by President Bola...
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Shipping Firms Stop Red Sea Routes After Attacks

Shipping Firms Stop Red Sea Routes After Attacks

The world’s largest shipping group, Mediterranean Shipping Company (MSC), has announced it is diverting its ships away from the Red Sea because of an increased threat of attacks. French company CMA CGM took a similar step a day after Danish...
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Firm Orders Four Methanol-Fueled Bulkers

Firm Orders Four Methanol-Fueled Bulkers

China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry. The 325,000 dwt vessels will be time chartered to Brazilian mining giant...
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Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

The Minister of Marine and Blue Economy, Adegboyega Oyetola has presented a N10.9bn, 2024 budget for his Ministry to the joint House Committees of the Senate on Marine Transport and the House of Representatives Committees on Ports and Harbour, Maritime...
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NNPC, Firm Seal Floating LNG Project Deal

NNPC, Firm Seal Floating LNG Project Deal

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation Limited (NNPCL) for the development of a floating LNG project in Nigeria, target...
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NIMASA Photo News

NIMASA Photo News

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA),  Dr Bashir Jamoh OFR paid a working visit to the Chief of Naval Staff, Vice Admiral E I Ogala in a quest to deepen the relationship between NIMASA and the...
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Firm Welcomes LNG-Powered Containership

Firm Welcomes LNG-Powered Containership

Chinese shipbuilder, Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group. The ship has a total length of 336 meters, a width of 51 meters, a depth of 26.8 me...
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Nestle, Shipping Majors Seal Green Fuel Deals

Nestle, Shipping Majors Seal Green Fuel Deals

Container shipping companies, Hapag-Lloyd and CMA CGM on Thursday revealed that they have entered into collaboration with Nestlé, a Switzerland-based food & beverage company, aiming to advance cleaner shipping. “Nestlé has selected our emissi...
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Shipping CEOs Seek End To Fossil-Only Powered Newbuilds

Shipping CEOs Seek End To Fossil-Only Powered Newbuilds

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory condition...
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