LNG Vessel To Face Further Sea Test

LNG Vessel To Face Further Sea Test

Nauticor-operated LNG bunker supply vessel Kairos completed the first LNG bunkering operation in the port of Södertälje, Sweden, delivering 150 tons of LNG. The operation with the product tanker Ternsund, chartered by the Finnish fuel supply company NEOT (North European...
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NIMASA Acquires New Helicopter, To Establish International Arbitration Centre

NIMASA Acquires New Helicopter, To Establish International Arbitration Centre

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to take delivery of new surveillance Helicopter before the end of this year as part of measures to boost security in the Gulf of Guinea.   Speaking at the Taiwo Afolabi...
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Amaechi, Saraki Fine-Tune Agenda For Maritime Sector

Amaechi, Saraki Fine-Tune Agenda For Maritime Sector

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Stakeholders Caution Against Use Of Private Armed Guards Onboard Vessels

Stakeholders Caution Against Use Of Private Armed Guards Onboard Vessels

By ebosele@hotmail.com — The West African shipping market on Tuesday took the centre stage in London at the West Africa Shipping Summit in London.   It was a full house of industry experts and professionals. Hosted by Nigerian shipping and...
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CMA CGM Declares $7.7b Revenue In Q2

CMA CGM Declares $7.7b Revenue In Q2

French shipping major CMA CGM has reported a strong growth in its volumes in the second quarter of 2019, despite an uncertain worldwide geopolitical environment. The company said that its shipping business remained strong in the second quarter, with significan...
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OPEC Lauds Nigeria As 70 Countries Indicate Interest In Global Maritime Security Conference

OPEC Lauds Nigeria As 70 Countries Indicate Interest In Global Maritime Security Conference

The Organisation of Petroleum Exporting Countries (OPEC) has commended the Federal Government of Nigeria for accepting to host the upcoming Global Maritime Security Conference, saying the talks will go a long way in addressing security concerns in the maritime...
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Firms Team Up On Intermodal LNG Shipping

Firms Team Up On Intermodal LNG Shipping

Russian transportation and logistics company, Fesco has formed an intermodal LNG shipping partnership with China’s Best Ship Energy Management and Zhejiang Rui Neng Ocean Shipping. The company explained that the move would see the parties jointly develop int...
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Seaport Gets New Terminal, Additional Berths

Seaport Gets New Terminal, Additional Berths

Ukraine’s Port of Chornomorsk is set to undergo an upgrade worth over UAH 3 billion (USD 118.8 million), receiving a new grain terminal and additional berths. The investment is part of a public private partnership between state-owned Ukrainian Sea Ports...
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Hyundai Secures $189m LNG Carrier Order

Hyundai Secures $189m LNG Carrier Order

South Korean biggest shipbuilder Hyundai Heavy Industries (HHI) has secured an order for the construction of an LNG carrier.Placed by an unnamed shipowner from Oceania, the order amounts to KRW 228.9 billion (USD 188.8 million), HHI said in a stock...
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LNG Firm Secures $180m Loan

LNG Firm Secures $180m Loan

Bermuda-registered shipping company, Golar LNG has secured a number of charter deals and a new loan, the company said in its second quarter of 2019 financial report. Namely, Golar LNG fixed four LNG carriers on floating rate contracts and two...
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NNPC Retail Partner Navy On Floating Mega Stations

NNPC Retail Partner Navy On Floating Mega Stations

NNPC Retail, the downstream subsidiary of the Nigerian National Petroleum Corporation with interest in retail marketing, sales and distribution of petroleum products, has revved up plans with the Nigerian Navy to ensure effective service delivery and security ...
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COSCO Shipping Declares 5.4 Per Cent Increase In Throughput

COSCO Shipping Declares 5.4 Per Cent Increase In Throughput

Despite the ongoing trade war between China and the US, Hong Kong-based port operator COSCO Shipping Ports ended the first six months of this year with a total throughput rise of 5.4 percent year on year (yoy). The total container...
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Consortium To Build New LNG Terminal

Consortium To Build New LNG Terminal

A consortium led by China Petroleum Pipeline Engineering Corporation (CPPEC) has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. The consortium, comprising Wilhelmsen Ship Management Limited, Aktor S.A...
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SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others

SIFAX Group Consolidates Operation With 25 New Trucks, Four Harbour Cranes, Others

By Moses Ebosele, ebosele@hotmail. com To sustain faster turnaround of its operations, Sifax Group has placed order for 24 new trucks, four mobile harbor cranes and other strategic equipments.Already, a subsidiary of the Group, Skyway Aviation Handling Company...
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