Shippers Council, NIWA Inaugurate Committee To Tackle Inland Waterways’ Challenges

Shippers Council, NIWA Inaugurate Committee To Tackle Inland Waterways’ Challenges

The Nigerian Shippers’ Council (NSC) and the National Inland Waterways Authority (NIWA) have constituted a Joint Technical Committee to address factors mitigating the development of inland waterways transport in the country.  The eight-member committee saddled with the responsibility of attaining...
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Firm Welcomes First LNG Tanker

Firm Welcomes First LNG Tanker

Greek shipowner Latsco has received Hellas Diana from South Korea’s Hyundai Samho Heavy Industries (HSHI), as the first LNG carrier in the fleet.  The 173,400 cubic metres LNG tanker Hellas Diana set sail on 1 April from Hyundai Samho Heavy In...
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Two Tankers Run Aground In Suez Canal

Two Tankers Run Aground In Suez Canal

Two tankers ran aground in the Suez Canal this morning, GAC Egypt informed. One is reported to have been successfully refloated while work is continuing to refloat the second.   “As per information received, a 107,505 DWT ballast oil tanker ship...
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APM Terminals Apapa Acquires Seven New Forklifts

APM Terminals Apapa Acquires Seven New Forklifts

APM Terminals, Apapa, has acquired seven new forklifts to facilitate customs examination and improve on movement of heavy materials at the terminal.  The Chief Operating Officer (COO) of Nigeria’s leading container terminal operator, Apapa, Mr...
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Last Group Of Stranded Ships To Cross Suez Canal

Last Group Of Stranded Ships To Cross Suez Canal

The last group of ships, stranded due to the grounding of the massive container ship Ever Given in the Suez Canal, were scheduled to  cross the waterway on Saturday.  In a statement, Chairman of the Suez Canal Authority (SCA), Osama Rabie,...
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Egypt Seeks $1b Compensation For Suez Blockage

Egypt Seeks $1b Compensation For Suez Blockage

Egypt will ask for over $1 billion in compensation for damages caused by the grounding of Evergreen and the resulting blockage of the Suez Canal last week, Reuters reports citing Suez Canal Authority (SCA) Chairman Osama Rabie as saying to local...
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Cosco Starts Conversion Work On Large Crude Carrier Into FPSO

Cosco Starts Conversion Work On Large Crude Carrier Into FPSO

Chinese shipyard Cosco Shipping Heavy has started working on a conversion of a very large crude carrier (VLCC) into floating production storage and offloading (FPSO) vessel for the Woodside-operated Sangomar project located offshore Senegal. Woodside informed ...
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LNG Vessels Waiting For Normalised Operations As Suez Canal Reopens

LNG Vessels Waiting For Normalised Operations As Suez Canal Reopens

After the unblocking of the Suez Canal, a number of LNG and other vessels are waiting for the canal to become fully operational.  Suez Canal, the shortest shipping route between Europe and Asia, is now reopened for navigation, almost a...
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Japan’s Ports Waive Fees For LNG, Hydrogen-Powered Ships

Japan’s Ports Waive Fees For LNG, Hydrogen-Powered Ships

The Tokyo Port is waiving port entry fees for LNG-powered and hydrogen-powered vessels as a way of encouraging greater uptake of these fuels in the maritime sector. The waiver is set to enter into force on April 1 running for...
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Samsung Secures $2.5b Deal For 20 Evergreen Boxships

Samsung Secures $2.5b Deal For 20 Evergreen Boxships

South Korean shipbuilder Samsung Heavy Industries (SHI) has been selected by Taiwanese shipping major Evergreen Marine Corporation  to build twenty 15,000 TEU containerships.  Already, Evergreen Marine has unveiled plans to build the b...
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Stranded Suez Container Ship Freed

Stranded Suez Container Ship Freed

A huge container ship that has been wedged in the Suez Canal since Tuesday has reportedly been refloated.  Video posted social media on Monday appeared to show the stern of the Ever Given swung towards the canal bank, opening space...
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BPE DG Seeks Increased PPP In Maritime Sector

BPE DG Seeks Increased PPP In Maritime Sector

Director General, Bureau of Public Enterprise (BPE), Mr. Alex Okoh, has reiterated the need for an increase in the private sector involvement in financing critical infrastructural development in the maritime sector in order for the industry to become a ma...
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Shippers Council Tasks Stakeholders On Rules Of International Commercial Terms

Shippers Council Tasks Stakeholders On Rules Of International Commercial Terms

The Nigerian Shippers’ Council (NSC) on Thursday urged stakeholders in the trade and transport sector to understand the rules of International Commercial Terms (INCOTERMS) 2020 to mitigate disputes and litigation.  The NSC Executive Secretary, Hassan Be...
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Shippers’ Council Advises Service Providers To Register Category Of Operations

Shippers’ Council Advises Service Providers To Register Category Of Operations

The Nigerian Shippers’ Council (NSC) has advised service operators in the industry to register their category of businesses accordingly.  According to it, registration in specified categories will determine their scope of operation in the industry.&nbsp...
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