Maritime Business Archives — Page 7 of 8

June 3, 2020 No Responses

Firm Secures LNG Contract Extension

Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four...

June 2, 2020 No Responses

Firms Seal $19.2b LNG Shipbuilding Deal

Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea...

May 22, 2020 No Responses

Covid-19: Seaport Lay Off Entire Personnel

The Port of Helsinki will temporarily dismiss its entire personnel due to the impact of the coronavirus pandemic and related travel restrictions on the port’s business. “Because of this, we have been forced to start extensive cost reductions. As a...

May 7, 2020 No Responses

Seaport Secures $500m Loan

The Port of Long Beach has secured a $500 million loan from the U.S. Government to help finance a massive infrastructural project aimed at allowing larger ships to enter the port. “This $500 million federal investment reflects the President’s continued...

May 6, 2020 No Responses

Customs Impounds Cocaine At Seaport

Customs officers have found around 500 kilograms of cocaine on board a bulker that arrived in the Port of Hamburg. The large-scale operation, which lasted several days, ended with an arrest and confiscation of illicit drugs during. One of the...

May 4, 2020 No Responses

CRFFN To Freight Forwarders: Don’t Embark On Strike

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) on Sunday in Lagos urged freight forwarders to suspend their strike. The appeal is contained in a letter by Mr Sam Nwakohu, Registrar/Chief Executive Officer of CRFFN, to heads...

May 1, 2020 No Responses

Singapore Unveils $27m Maritime Support Package

The Maritime and Port Authority of Singapore (MPA) revealed it would provide further financial support to the maritime industry in the wake of the global COVID-19 outbreak. As informed, the MaritimeSG Together Package will take effect from 1 May 2020....

April 25, 2020 No Responses

COVID-19: Seaport Defers Rent For Customers

Abu Dhabi Ports is offering a three-month rent deferment for the second quarter of the year for its customers as part of the relief measures aimed at curbing the impact of the coronavirus pandemic on their operations. The package also...

April 15, 2020 No Responses

COVID-19: Terminal Operators Donates N300m

Two Port Terminal Operators, APM Terminals Apapa and West Africa Container Terminal (WACT) Onne, have jointly committed more than N300 million to helping to contain the spread of the coronavirus disease in Nigeria. Mr Martin Jacob, the Managing Director ...

April 8, 2020 No Responses

Total, AET Seal LNG Charter Deal

Petroleum and chemical tanker owner, AET Tanker Holdings has inked a charter deal with Chartering and Shipping Services SA, a wholly-owned subsidiary of Total SA, for two LNG dual-fuel VLCCs. The two newbuilds are scheduled to be delivered to AET...

March 30, 2020 No Responses

Nigeria Bans International Vessels Without Thermal Screening Facilities

Nigerian Maritime Administration and Safety Agency (NIMASA) is to ban international vessels without thermal screening facilities. The Director General of NIMASA, Dr Bashir Jamoh, made this known in a statement on Sunday. Jimoh said that following the outbreak ...

March 16, 2020 No Responses

Maritime Stakeholder Laud New NIMASA Management

More stakeholders in the maritime industry have commended the new executive management team appointed by President Muhammadu Buhari for the Nigerian Maritime Administration and Safety Agency (NIMASA) led by Dr. Bashir Jamoh. According to the Stakeholders...

March 1, 2020 No Responses

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...

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...