Maritime Archives — Page 109 of 140

January 17, 2018 No Responses

Indigenous shipowners may get nod to lift crude

Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance and Freight (CIF) which would enable them to begin to lift Nigeria...

January 14, 2018 one Response

Singapore seeks global maritime hub with $3.4b agenda

Singapore has unveiled a new plan, the Sea Transport Industry Transformation Map (ITM), in an aim to grow the industry’s value-add by SGD 4.5 billion (USD 3.4 billion) by 2025. Specific initiatives have been laid out under the Sea Transport ITM,...

January 4, 2018 No Responses

Minister: Dakuku is not corrupt, has reduced NIMASA’s operating cost by 50 per cent

The Minister of Transportation, Rotimi Amaechi has described the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside as an epitome of good governance and great character. The Minister stated this in Por...

January 4, 2018 No Responses

NPA reiterates commitment to safety, security standards

The Management of Nigerian Ports Authority (NPA) has expressed concern while sympathizing with those affected in the unfortunate fire incident which occurred at locations in the Tin Can Island Port Complex (TCIPC), Apapa during which no lives were lost. ...

January 3, 2018 No Responses

APM Terminals waives charges on container for IDPs

APM Terminals Apapa Limited has waived handling and storage charges running into several millions of naira on a container load of fish which was donated by the Federal Government to Internally Displaced Persons (IDPs) in Yobe State. The Federal...

December 30, 2017 No Responses

NIMASA to aquire fast intervention vessels

In line with the recent approval by the Federal Executive Council (FEC), the Nigerian Maritime Administration and Safety Agency, NIMASA is set to acquire strategic maritime safety and security assets, which are also in line with the total spectrum of...

December 27, 2017 No Responses

NIMASA to unveil maritime forecast

As part of measures to reposition the maritime sector for greater efficiency in line with International best practices, the Nigerian Maritime Administration and Safety Agency (NIMASA) will release the empirical forecast that will determine the outlook of the i...

December 24, 2017 No Responses

HSH to sell shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, the sponsor of the trust. FSL Holdings, through FSL Asset Management, owns all...

December 21, 2017 No Responses

BIMCO: Dry Bulk Demand to Outstrip Supply in 2018

Next year promises to provide some breathing space for bulker owners as the dry bulk fleet is likely to grow at the slowest pace seen since 1999, according to BIMCO, which expects global demand to outstrip supply growth in 2018....

December 18, 2017 No Responses

NIMASA DG at Shippers’ Council, seeks maritime framework for Africa

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that in order to harness the opportunities derivable from the Blue Economy in Africa, there is a need for a proper framework and structure...

December 15, 2017 No Responses

Maersk Line Pulls out of Transpacific Stabilization Agreement

Danish container carrier, Maersk Line is withdrawing from the Transpacific Stabilization Agreement (TSA) this month as part of its commitments to regulatory authorities made in the context of the acquisition of Hamburg Süd. “In light of the commitments prov...