Category: Maritime

Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook
February 21, 2020 No Responses

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 (EBITDA) were up...
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Shippers’ Council, Customs To Strengthen Partnership
February 20, 2020 No Responses

Shippers’ Council, Customs To Strengthen Partnership

The Nigerian Shippers’ Council (NSC) and the Nigeria Customs Service (NCS) are collaborating to provide a single-window platform that would ensure regulatory agencies at the ports.Executive Secretary of NSC, Mr Hassan Bello, explained that the platform would...
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Nigeria Set For Online Ship Registration
February 18, 2020 No Responses

Nigeria Set For Online Ship Registration

As part of measures to have a world-class Ship Registry and enhance the Ease of Doing Business in the maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to set up an automated ship registration process...
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APM Terminals Seeks Construction Permit
February 14, 2020 No Responses

APM Terminals Seeks Construction Permit

APM Terminals Poti, part of Dutch terminal operator APM Terminals, has re-initiated the process of obtaining the necessary permits to build a new deep-water multipurpose port in Poti.On February 11, 2020, APM Terminals submitted an application to the Technical...
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Photo News
February 14, 2020 No Responses

Photo News

Representatives of Ports & Cargo Handling Services Limited, subsidiary of SIFAX Group, Infrastructure Concession and Regulatory Commission and the Nigerian Ports Authority during the 2020 Compliance and Performance Monitoring of Public Private Partnership ...
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NSC Joins NISER Joint Action Committee
February 13, 2020 No Responses

NSC Joins NISER Joint Action Committee

The Nigerian Institute of Social & Economic Research (NISER) has included Nigerian Shippers’ Council (NSC) in its Joint Action Committee to aid information gathering on research -based matters relating to the Council’s regulatory role.NISER made this k...
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NLNG Seals Sales, Purchase Agreement With Galp
February 12, 2020 No Responses

NLNG Seals Sales, Purchase Agreement With Galp

Nigeria LNG Limited (NLNG) and Galp Trading S.A have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3.According to NLNG, the agreement is for the supply of 1mtpa...
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Edo Lauds NPA’s Empowerment Scheme For 197 Women
February 10, 2020 No Responses

Edo Lauds NPA’s Empowerment Scheme For 197 Women

Edo Government has commended the Nigerian Ports Authority (NPA) for empowering 197 women in Igarra, the Headquarter of Akoko-Edo Local Government Area of the state.Edo Deputy Governor, Mr Philip Shaibu, gave the commendation on Monday, when the beneficiaries t...
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NPA Revokes LADOL’s Land Lease Agreement
February 9, 2020 No Responses

NPA Revokes LADOL’s Land Lease Agreement

The Nigerian Ports Authority (NPA) has sanctioned the Lagos Deep Offshore Logistics Base (LADOL) for violating the terms of the land lease at Tarkwa Bay, near Light House Beach in Lagos.This, it claimed, was part of the efforts to boost...
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WISTA President Tasks Incoming Executives On Dedication, Team Work
February 6, 2020 No Responses

WISTA President Tasks Incoming Executives On Dedication, Team Work

The outgoing President of the Women International Shipping and Trading Association (WISTA) Nigeria, Mrs Mary Hamman, has urged incoming executives of the association to work as a team and create more awareness.Hamman made the appeal in an interview with the...
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China’s Oil Demand Drops
February 5, 2020 No Responses

China’s Oil Demand Drops

The rippling effect of the spread of the coronavirus is being felt across the shipping markets, the tanker and cruise sectors being at the front line.The impact of the virus outbreak is already being felt on oil markets as China,...
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Nigeria Acquires Six Armoured Aircraft, Helicopters, Vessel, Others For Maritime Security
February 4, 2020 No Responses

Nigeria Acquires Six Armoured Aircraft, Helicopters, Vessel, Others For Maritime Security

By Citybusinessnews@yahoo.com — As part of measures to comprehensively tackle insecurity on Nigeria’s territorial waters and exclusive economic zone, the Federal Government has concluded arrangement to deploy its integrated maritime security infrastruc...
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Shipowners Seek Fluidity Of Trade Despite Brexit
February 3, 2020 No Responses

Shipowners Seek Fluidity Of Trade Despite Brexit

As the United Kingdom stopped being a member of the European Union on January 31, 2020, European shipowners have called on both UK and EU regulators to continue their close alignment when it comes to shipping issues.The European shipowners emphasized...
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Seaports’ Infrastructure Takes Centre Stage As Hassan Bello Briefs IMF Team
February 3, 2020 No Responses

Seaports’ Infrastructure Takes Centre Stage As Hassan Bello Briefs IMF Team

By Moses Ebosele, ebosele@gotmail.com — All hands are on deck to improve state of infrastructure at Nigerian Seaports, the Executive Secretary and Chief Executive Officer of Nigerian Shippers Council (NSC), Hassan Bello, has said.   Briefing a deleg...
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