Maritime News Archives — Page 11 of 14

June 20, 2020 No Responses

Amaechi Unveils Two Tug Boats, Lauds NPA Management

The Minster of Transportation, Rotimi Chibuike Amaechi has commissioned two tug boats; MT Musawa and MT Ikoro-Ekiti in line with Government‘s desire of sustaining the ease of doing business at the Nation‘s Sea Ports. Addressing Stakeholders at the unveiling ceremony...

June 19, 2020 No Responses

Maersk Targets Over $1.5b Earnings In Q2

Danish shipping major A.P. Møller – Mærsk A/S has revealed that it expects an EBITDA before restructuring and integration costs for Q2 2020 slightly above the level for Q1 2020 ($ 1.5bn). The forecast is being upgraded based as demand...

June 14, 2020 No Responses

Marine Engineer Tasks NIMASA On Discrimination Against Nigerian Seafarers’ Certificate

A Marine Engineer, Daniel Ikueyemi, on Saturday urged the Nigerian Maritime Administration and Safety Agency (NIMASA) to address the issue of discrimination against the Nigerian Seafarers’ Certificate of Competence (COC). He made the appeal on an Instagram l...

June 12, 2020 No Responses

300 Maersk Vessels To Assist Research Efforts On Weather Patterns, Climate Change

Danish container shipping major Maersk will be assisting global research efforts on weather patterns and climate change by committing its 300 owned vessels to participate in the global Voluntary Observing Ship (VOS) program. While Maersk already has many vesse...

June 10, 2020 No Responses

Another Seafarer Tests Positive For COVID-19

Another crew member of MV Montpellier, a containership chartered by German shipping major Hapag-Lloyd, has tested positive for coronavirus in South Africa. As a result, the vessel will have to remain in quarantine at anchorage and will not be able to...

June 9, 2020 No Responses

CMA CGM Declares $48m Income In Q1

Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result. The company saw a net income of $48 million in Q1 2020, an increase of...

June 8, 2020 No Responses

Piracy: Nigeria Hands Over Vessel, Crew To Ghana

The Nigerian Government has handed over the fishing vessel Marine 707 suspected to be carrying out illegal activities in the Gulf of Guinea to the Ghanian authorities for further investigation and possible prosecution. A statement issued by Ph...

June 6, 2020 No Responses

Seaport Adopts $1.5b Budget For 2020/21

The Port of Los Angeles, North America’s leading container seaport, has adopted a $1.5 billion budget for Fiscal Year 2020/21. The port said the budget was based on expectations of slower cargo volumes in the near term and a continued...

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....