Maritime News Archives — Page 14 of 14

October 9, 2019 No Responses

Samsung Secures $920m Contract For Six Evergreen Containerhips

South Korea’s Samsung Heavy Industries has signed shipbuilding deals for Evergreen’s latest ultra-large containerships, valued at a total of USD 920 million. The order was placed for the construction of six of the world’s largest container ships, with a capacity...

October 7, 2019 No Responses

Seaport Concludes Expansion, Ready For Larger Ships

The project to deepen the Nieuwe Waterweg waterway and the Botlek area at the Port of Rotterdam has been officially completed, allowing Europe’s largest port to accommodate ever-larger ocean-going vessels. One of the busiest waterways in the Netherlands has ...

October 6, 2019 No Responses

Firm Delivers 15 LNG Cargoes In Third Quarter

The planned 2019 volumes of LNG delivered eastbound to the Asian Pacific markets via the Northern Sea Route by Russian gas company, Novatek will increase by more than four times compared to last year. During the third quarter of the...

October 2, 2019 No Responses

NPA Replies Bua, Alleges Blackmail

The Nigerian Ports Authority (NPA) has accused the management of Bua Ports and Terminal Limited of alleged blackmail.Reacting to newspaper advertisement published by Bua Ports in some National Newspaper on Monday, NPA alleged that it was designed to among othe...

September 27, 2019 No Responses

Rating Agency Downgrades CMA CGM

The corporate family rating of French shipping major CMA CGM was downgraded to B2 from B1 amid the company’s weakened liquidity profile, according to rating agency Moody’s.Additionally, CMA CGM’s probability default rating was set to B2-PD from B1-PD, se...

September 17, 2019 No Responses

At TAAM Conference, Experts Chart Course For Maritime Sector’s Growth

To achieve a greater level of growth in the country’s maritime sector, there is a need to devise a strategic framework that guarantees innovations and sustainable solutions that could address the problems in the industry. This was the submission of...

September 11, 2019 No Responses

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...

September 9, 2019 No Responses

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...

September 8, 2019 No Responses

NIMASA Explains Support For Essay Competition

The Nigerian Maritime Administration and Safety Agency (NIMASA) has stated that one of the reasons for purring the annual essay competitions together as part of the activities to commemorate the 2019 World Maritime Day is to encourage youth participation in...

September 7, 2019 No Responses

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...

September 3, 2019 No Responses

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...

September 2, 2019 No Responses

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 ...