World Maritime Day

World Maritime Day

L-R: Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko,  Rector, Maritime Academy Of Nigeria, Commodore Emmanuel Effedua (retd.) and Executive Secretary, Nigeria Shippers’ Council (NSC), Emmanuel Jime at the 2022 World Maritime Day celebration on Thursday in Lagos  
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Nigeria Joins IMO On Greener Shipping For Sustainable Shipping

Nigeria Joins IMO On Greener Shipping For Sustainable Shipping

Nigeria is committed to achieving greener shipping in line with the campaign by the International Maritime Organization, IMO, to attain sustainable development in the maritime industry, the Minister of Transportation, Mu’azu Sambo, has declare...
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CMA CGM Orders Biogas-Powered Containership Fleet

CMA CGM Orders Biogas-Powered Containership Fleet

French container shipping and logistics major CMA CGM has ordered seven containerships powered by biogas that will serve the French West Indies. The order was unveiled by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, during ...
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Study: Mobile Shore Power Is Fit For Smaller Ports

Study: Mobile Shore Power Is Fit For Smaller Ports

Mobile shore power solutions are particularly suitable for smaller ports or in port sections that are less utilised, a new study finds.  Commissioned by NOW, the study entitled ‘Mobile shore power – technological possibilities and prerequisites‘, co...
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Tanker Refloated After Blocking Suez Canal

Tanker Refloated After Blocking Suez Canal

The Suez Canal was blocked for several hours after an oil tanker got stranded in the single-lane stretch of the canal — nearly the same spot where the Ever Given containership remained stuck for days in March 2021. On late...
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Daewoo Secures $495m Order For Two LNG Carriers

Daewoo Secures $495m Order For Two LNG Carriers

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for two liquefied natural gas (LNG) carriers valued at $495 million from undisclosed European shipowners. According to local media, DSME will construct ...
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Global Think-Tank Hails Nigeria For Making Gulf Of Guinea Safer

Global Think-Tank Hails Nigeria For Making Gulf Of Guinea Safer

Chattam House, a world-leading policy institute based in London, has praised the efforts of Nigeria and its military in making the Gulf of Guinea safer for operations.  The Global think-tank gave the commendation on Wednesday in London during a meeti...
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Evergreen Takes Delivery Of ‘world’s Largest’ 24,000 TEU Containership

Evergreen Takes Delivery Of ‘world’s Largest’ 24,000 TEU Containership

Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered ‘the world’s largest’ 24,000 TEU-class containership ordered by Taiwanese shipping firm Evergreen Group.  The ship, named Ever Alot, was delivered on...
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Zero-Emission Shipping Mission Publishes Industry Roadmap

Zero-Emission Shipping Mission Publishes Industry Roadmap

Zero-Emission Shipping Mission, which aims to accelerate international public-private collaboration to scale and deploy new green maritime solutions, has published the Industry Roadmap as a step closer to achieving its goal. The newly-published Industry Roadma...
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Price Fixing: 23 Shipping Firms To Pay $81m Fine

Price Fixing: 23 Shipping Firms To Pay $81m Fine

The antitrust regulator in South Korea has sanctioned 23 domestic and foreign container shipping companies for fixing maritime freight rates. On 18 January 2022, the Fair-Trade Commission (KFTC) said it has imposed a fine of KRW 96.2 billion (about $80.7...
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EU Blocks Hyundai, Daewoo Shipping Merger

EU Blocks Hyundai, Daewoo Shipping Merger

The European Commission has adopted a decision to prohibit a mega-merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME). The merger between the two So...
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New IMO Council To Elect Chair, Vice-Chair Wednesday

New IMO Council To Elect Chair, Vice-Chair Wednesday

The newly elected council of the International Maritime Organization (IMO) will meet for its 126th session on 15 December and will elect its Chair and Vice-Chair for the next two years.  The assembly normally meets once every two years in r...
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Samsung Secures $622m Contract For Three New LNG Carriers

Samsung Secures $622m Contract For Three New LNG Carriers

South Korean shipyard Samsung Heavy Industries (SHI) has received orders for three new LNG carriers valued at  $622 million . Specifically, the shipyard received these orders from a Bermuda regional shipping company and from an Oceania regi...
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Shipowners Seek Sector-Dedicated Fund

Shipowners Seek Sector-Dedicated Fund

In a new policy paper, European shipowners have supported a dedicated fund to be set up under the EU Emission Trading System (EU ETS) to stabilise the carbon price.  World Maritime reports that the policy paper on the EU ETS ECSA...
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