Container Lines May Lose 17m TEU In 2020

Container Lines May Lose 17m TEU In 2020

It can no longer be ruled out that the container shipping industry might be looking at developments similar to the financial crisis of 2008, SeaIntelligence said, referring to the impact of the coronavirus pandemic. “This implies a potential volume loss...
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Jos Inland Dry Port Gets New Investor

Jos Inland Dry Port Gets New Investor

By Moses Ebosele, ebosele@hotmail.com The Inland Container Depot (ICD) in Heipang, Jos, Plateau State is set to get a new investor following the buyout of the Duncan Maritime Ventures, the concessionaire of the project.Addressing stakeholders in Lagos , E...
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Jamoh, New NIMASA DG Resumes

Jamoh, New NIMASA DG Resumes

Newly appointed Director General of Nigeria Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh on Wednesday resumed after the official handing over ceremony.Speaking after the handing over ceremony, Jamoh reiterated the agency’s Commitment t...
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Victor Ochei Joins NIMASA As Executive Director

Victor Ochei Joins NIMASA As Executive Director

President Muhammadu Buhari has approved the appointment of Rt Hon Victor Ochei as the  Executive Director of Maritime Labour and Cabotage Services in the Nigerian Maritime Administration And Security Agency(NIMASA). A statement issued by Chief Press Secre...
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NPA To Coastal Communities: Stop Dumping Waste In Waterways

NPA To Coastal Communities: Stop Dumping Waste In Waterways

The Calabar Port Manager, Mrs Marie Asien, on Thursday called on communities along coastlines in the state to stop dumping waste into the waterways.Asien, who spoke at a sensitisation campaign on waste management and prevention of marine litters in Calabar,...
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National Assembly Committee Backs Deep Blue Project

National Assembly Committee Backs Deep Blue Project

The Integrated Security and Waterways Protection Infrastructure, commonly called the Deep Blue Project, received rave reviews on Tuesday from members of the House of Representatives Committee on Maritime Safety, Education and Administration during an oversight...
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Shipping Experts Confident In Nigeria’s Antipiracy Fight

Shipping Experts Confident In Nigeria’s Antipiracy Fight

Major stakeholders in the international shipping community have said they are confident of the measures and satisfied with the effectiveness of Nigeria’s efforts to contain piracy and armed robbery on the country’s maritime environment. A statement issued ...
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Dry Bulk Shipping CEO Steps Down

Dry Bulk Shipping CEO Steps Down

Torben Janholt,  Chief Executive Officer of the dry bulk shipping company Pioneer Marine Inc. is retiring from his role effective March 1, 2020. He has been a member of the Pioneer Marine board of directors since 2013. “I have decided...
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Seaports Seek More Funds To Tackle Coronavirus

Seaports Seek More Funds To Tackle Coronavirus

The British ports industry is requesting further support for port health authorities to prevent coronavirus spreading and impacting businesses. As the number of new confirmed cases of the Wuhan COVID-19 grows, particularly in mainland Europe, the British Ports...
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Coronavirus Costing Shipping Industry $350m A Week

Coronavirus Costing Shipping Industry $350m A Week

The impact of the outbreak of the coronavirus is estimated to be costing the shipping industry USD 350 million a week in lost revenues, according to the International Chamber of Shipping (ICS). The virus outbreak is having a significant impact...
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Iran To Acquire 158 New Ships

Iran To Acquire 158 New Ships

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NIMASA Donates Relief Materials To 20, 000 Displaced Persons In Borno

NIMASA Donates Relief Materials To 20, 000 Displaced Persons In Borno

The Nigerian Maritime Administration and Safety Agency (NIMASA), on Monday donated relief materials for distribution to 20, 000 Internally Displaced Persons (IDPs) in Borno.The Director General of the Agency, Dakuku Peterside, made the disclosure at the presen...
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IMO Tasks Member States On Unnecessary Delays At Seaports

IMO Tasks Member States On Unnecessary Delays At Seaports

The International Maritime Organization (IMO) has sent a letter to its member states amid the outbreak of the novel coronavirus asking them to undertake all possible measures to prevent unnecessary delays of ships. The IMO urged state authorities and control.....
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Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook

Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook

Despite weak market conditions and slow container growth of 1.4 percent, Danish shipping heavyweight, A.P. Moller – Maersk managed to improve earnings and free cash flow in 2019. The company’s earnings before interest, tax, depreciation, and amortization (...
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