Maritime News Archives — Page 6 of 14

June 26, 2021 No Responses

Nigeria Seeks Fair Treatment, Enhanced Living Condition For Seafarers

The Nigerian Minister of Transportation, Mr Rotimi Amaechi, has called for fair treatment as well as better living and working conditions for seafarers. The Minister made the call at the Nigeria Maritime Administration and Safety Agency (NIMASA) 2021 Day of the...

June 23, 2021 No Responses

Daewoo Secures Order For Six LNG-Powered Container Vessels

South Korean shipping major Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of six ultra large LNG-powered container vessels (ULCVs). The contract, worth KRW 1.1 trillion (about $1 billion), was signed with ...

June 22, 2021 No Responses

Seaport Terminal Operators List Challenges, Proffer Solutions

Dilapidated access roads, poor traffic management and manual examination of cargo by the Nigeria Customs Service (NCS) remain some of the major challenges facing port operations in the country, Seaport Terminal Operators Association of Nigeria (STOAN), de...

June 18, 2021 No Responses

NIMASA Unveils Campaign To End War Risk Insurance On Nigerian Bound Cargoes.

The Director General of Nigerian Maritime Administration and Safety agency (NIMASA), Dr Bashir Jamoh has expressed worry over the persisting War Risk Insurance on Nigerian bound cargoes, calling for its removal. This came as it has been disclosed t...

June 10, 2021 No Responses

ANLCA Faults CBN On Increase In Cargo Clearance Exchange Rate

The increase of customs exchange rate for cargo clearance by the Central Bank of Nigeria (CBN) is coming at a wrong time, the Association of Nigerian Licensed Customs Agent (ANLCA) has said. The Chairman of Tincan Island Chapter of ANLCA, Mr.....

June 8, 2021 No Responses

CMA CGM Records $10.7 b Revenue In Q1

French container shipping major CMA CGM closed the first quarter of this year with strong earnings growth. The company’s net income increased to $2.1 billion in Q1 2021 from $48 million seen in Q1 2020. EBITDA came in at $3.2...

June 5, 2021 No Responses

Buhari To Unveil Deep Blue Project In Lagos

President Muhammadu Buhari, GCFR, will on Thursday, June 10, in Lagos perform the official launch of the assets under the Integrated National Security and Waterways Protection Infrastructure, also known as the Deep Blue Project. Preparatory to the ...

June 3, 2021 No Responses

Shippers’ Council Visits Seaport Terminals As Operators Lament Poor Access Roads

Seaport terminal operators have appealed to the Federal Government to hasten the construction of ports access roads as part of measures to reduce the cost of doing business. The operators made the appeal when the Executive Secretary of the Nigerian...

May 25, 2021 No Responses

LNG Firm Completes First Reloading Operation

Croatia’s first Liquefied Natural Gas (LNG) import terminal, located on the island of Krk has completed its first small-scale reloading operation. The project noted that the liquefied natural gas was reloaded from the FSRU LNG Croatia to Avenir LNG’s...

May 20, 2021 No Responses

IMO Unveils New Measures To Address Containers Lost At Sea

The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) has agreed to initiate new measures to detect and report containers lost at sea, which may enhance their positioning, tracking and recovery. The UN maritime body agreed to establ...

May 19, 2021 No Responses

Shipping Firms Unveil New Agenda To Curb Piracy In Gulf Of Guinea

After more than 95% of sea kidnappings happened in the Gulf of Guinea in 2020, almost 100 shipping companies, organizations, and flag states have signed a new declaration calling for and to piracy in the Gulf of Guinea. The violence,...

May 13, 2021 No Responses

Egypt To Expand Suez Canal

Abdel Fattah al-Sisi, Egyptian President has approved the widening and deepening of the southern part of the Suez Canal, after the 20,000TEU container vessel Ever Given crippled the critical maritime artery recently. With a length of 400 meters and a...

May 6, 2021 No Responses

NIMASA Collaborates With Navy On Training, Accreditation

FOC, Naval Training Command, Rear Admiral Kamarudeen Lawal (Left) and DG, NIMASA, Dr Bashir Jamoh The Nigerian Maritime Administration and Safety Agency (NIMASA) said it would assist the Nigerian Navy with accreditation of professional courses a...

May 1, 2021 No Responses

CMA CGM Seals Order For 22 Containership

French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history. The orders are spread across three Chinese shipbuilders, Jia...