Five Abducted Maritime Workers, Others Regain Freedom

Five Abducted Maritime Workers, Others Regain Freedom

The eight Nigerians, among them five members of the Maritime Workers of Nigeria (MWUN) kidnapped by gunmen  in Rivers State waters on Monday have regained their freedom.   A statement issued by Assistant Director, Public Relations, Nigerian Maritime Administration and Safety...
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South African Port Operator Hit By Cyber Attack

South African Port Operator Hit By Cyber Attack

South Africa’s logistics company, Transnet SOC has announced that its IT system was hit with a “disruption” that halted operations at the port’s terminals. The company confirmed that the cyber-attack occurred early on Thursday, 22 July and that th...
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Air Liquide Pledges Support For World’s First Hydrogen Ship

Air Liquide Pledges Support For World’s First Hydrogen Ship

Air Liquide, French gas and technology company has announced that it will become the main partner of the Energy Observer, “the world’s first hydrogen vessel”, for the next four years.  The two partners have been working since the launch of the....
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Volkswagen Acquires Six LNG Car Carrier Ships

Volkswagen Acquires Six LNG Car Carrier Ships

Foremost automobile firm, Volkswagen Group has concluded arrangement to boosts it logistics network with six Liquefied Natural Gas (LNG) Ships    Under the arrangement, Volkswagen will transport most of its new vehicles overseas using ...
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NIMASA Introduces New Certificates Of Ship Registration

NIMASA Introduces New Certificates Of Ship Registration

The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced the issuance of new certificates of ship registration while simultaneously phasing out the old permits.   A statement issued by Assistant Director, Edward Osagie explained ...
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Crewing Costs Rise Due To Vaccination Delays

Crewing Costs Rise Due To Vaccination Delays

Crewing costs are rising and crew shortages are beginning to be seen due to COVID-19 travel restrictions and vaccination delays, warns crewing agency Danica Crewing Services. “Not unexpectedly … when there is a shortage the cost goes up and we...
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Firm Extends Charter Period With COSCO For 17 Ships

Firm Extends Charter Period With COSCO For 17 Ships

Hong Kong-based containership owner Seaspan Corporation has forward fixed contracts, extending current lease terms for 17 containerships with China’s COSCO Shipping Line. The vessels were initially scheduled to conclude current charters with COSCO for a...
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Report: South Africa To Become Green Fuel Maritime Hub

Report: South Africa To Become Green Fuel Maritime Hub

South Africa holds an untapped opportunity to supply the global shipping industry with zero carbon fuels, a new report by Ricardo and Environmental Defense Fund reveals. The report “South Africa: fueling the future of shipping”, issued on behalf of P4...
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Nigeria Seeks Fair Treatment, Enhanced Living Condition For Seafarers

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 ...
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Bayelsa Seeks South Korea’s Partnership On Agric, Maritime, Others

Bayelsa Seeks South Korea’s Partnership On Agric, Maritime, Others

Governor Douye Diri of Bayelsa has sought the partnership and support of South Korea in areas of agricultural, maritime and infrastructure development of the state.  At a meeting with the South Korean Ambassador to Nigeria, Kim Young-Chae, in Abuja on...
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Nigeria Partners Ghana On Maritime Security, Others

Nigeria Partners Ghana On Maritime Security, Others

The Nigerian navy and its Ghanaian counterpart, on Friday, in Abuja, agreed to partner to secure the maritime domains of their two countries against piracy and other criminal activities.  Nigeria’s Chief of Naval Staff (CNS), Vice Admiral Awwal Gam...
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COSCO Mulls Acquisition Of Container Terminal

COSCO Mulls Acquisition Of Container Terminal

Hong Kong-based COSCO Shipping Ports Limited has revealed that  it started negotiations with German container terminal operator Hamburger Hafen und Logistik AG (HHLA) to potentially acquire a minority stake in HHLA Container Terminal Tollerort (CTT)....
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CMA CGM Records $10.7 b Revenue In Q1

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...
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US Bans Investment In China’s Shipbuilders

US Bans Investment In China’s Shipbuilders

The Biden administration has banned U.S. investments in Chinese companies allegedly linked to China’s military, expanding hard-line policies introduced by the previous administration.  The executive order bans American citizens from investing in some of...
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