Maritime Business – Page 4 – City Business News

April 3, 2021 No Responses

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...

March 29, 2021 No Responses

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...

February 4, 2021 No Responses

Majority Of World’s Seaports Still Don’t Use Digital Tech

The majority of the world’s 4,900 ports are not yet using digital technology for even the most basic processes, Innovez One, a Singapore-based provider of smart-tech and AI solutions for the maritime sector, has said. As explained, 80 per cent...

January 30, 2021 No Responses

Grimaldi Welcomes 3rd Hybrid RO-RO Vessel

Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group by the Chinese Jinling shipyard located in Nanjing. The Eco Livorno, which flies the Italian f...

January 28, 2021 No Responses

Firm Budgets $565m For 12 Ships

Taiwanese container shipping company Wan Hai Lines has ordered twelve 3,013 TEU container vessels worth a total of $565 million. The containerships will be built by Japanese shipbuilder Japan Marine United Corporation’s Nihon Shipyard, Wan Hai Lines sai...

January 27, 2021 No Responses

Maritime Stakeholders Sign Declaration To End Crew Change Crisis

Over 300 maritime industry and human rights leaders have signed a new global pledge urging for industry accountability and finally ending the deepening crew change crisis. The signatories of the Neptune Declaration on Seafarer Wellbeing and Cre...

January 26, 2021 No Responses

SIFAX Group Appoints ED, Head Legal

SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has announced two new executive appointments. OyebodeOjeniyi and OlujimiOsho joined as Group Executive Di...

January 1, 2021 No Responses

How To Enhance Maritime Contribution To GDP In 2021, By NIS

The Nigerian Institute of Shipping (NIS) on Thursday said that adopting new measures in the maritme industry would enhance its contribution to the country’s Gross Domestic Product (GDP) in 2021. NIS President, Capt. Tony Onoharigho, disclosed this in an inte...

December 1, 2020 No Responses

Photo News

President, Chartered Institute of Transport Administration of Nigeria (CIoTA), Dr. Bashir Jamoh flanked by the Executive Secretary, Nigerian Shippers’ Council Barr. Hassan Bello (L) and Dean Faculty Of Environmental Management, Olabisi Onabanjo University, A...

November 25, 2020 No Responses

Firms Unveil Agenda For Maritime Biofuel

Uniper Energy DMCC (UED), a supplier of very low sulphur fuel oil (VLSFO), and Neutral Fuels, a pioneer of net zero biofuels in the UAE, have teamed up to provide maritime biofuel in Fujairah, UAE. The two companies plan to...

November 13, 2020 No Responses

UNCTAD Warns Of Grim Maritime Trade

Global maritime trade will plunge in 2020 due to the unprecedented disruption caused by COVID-19, the United Nations Conference on Trade and Development (UNCTAD) said in a new report. The report, entitled the Review of Maritime Transport 2020, warns that...

November 3, 2020 No Responses

SIFAX Group Subsidiaries Get ISO Quality Certification

Three of SIFAX Group’s subsidiaries- Ports & Cargo Handling Services Limited, SIFAX Shipping Company Limited and SIFAX Nigeria Limited all bagged the ISO 9001:2015 certificates. The award presentation ceremony was held at SIFAX Group’s head office at A...

October 8, 2020 No Responses

SIFAX Group Expands Network, Opens New Terminal

SIFAX Group, a conglomerate with investments in Maritime, Aviation, Logistics, Oil & Gas, Hospitality and Financial Services sectors, on Wednesday opened a new container terminal in Lagos as a response to the difficulties experienced by stakeholders in acc...

September 9, 2020 No Responses

CMA CGM Suspends Shipping Surcharge

The French Container Transportation and Shipping Company, CMA CGM, has announced suspension of the application of peak season surcharge on ships calling in Nigeria from October 1, 2020.Mrs Rakiya Zubairu, Head, Public Relations, Nigerian Shippers’ Council (N...