Maritime Archives — Page 110 of 135

August 28, 2017 No Responses

Photo News

Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr. Dakuku Peterside (middle), in a photograph with some Management staff of the Agency and members of the Shipping Association of Nigeria led by Representative of the Chairman of the Association,...

August 28, 2017 No Responses

Top ships under investigation over share issuance scheme

An investigation has been launched on behalf of investors of Top Ships, a Marshall Islands-incorporated tanker owner and operator, into the company’s dealings with Kalani Investment. According to US-based law firm Glancy Prongay & Murray LLP (GPM), the...

August 28, 2017 No Responses

Firm to test autonomous boxship in 2019

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) intends to test an autonomous containership in the Pacific Ocean in 2019. The ship would sail from Japan to North America with a crew on standby, Hideyuki Ando, a senior general manager at Monoh...

August 27, 2017 No Responses

Gunmen attack anchored oil tanker in Lagos

Armed robbers boarded a tanker and stole some oil from the ship while it was anchored at Lagos General Purpose Anchorage, Nigeria, the International Maritime Bureau (IMB).has reported. Quoting report put together by ICC, IMB explained that the incident...

August 26, 2017 No Responses

UNILAG, OAU, UNN emerge winners of maritime blueprint competition

University of Lagos, Obafemi Awolowo University (OAU), Ile Ife and University of Nigeria, Nsukka (UNN) have emerged winners of the Maritime Blueprint Competition in which law students from eight universities participated. The competition, sponsored by SIFAX ...

August 26, 2017 No Responses

NPA gets new structure, redeploys General Managers

The Board of the Nigerian Ports Authority (NPA) has approved a new organisational structure and the commencement of a Business Process Re-engineering initiative that will create synergies to improve efficiency. The Board has also approved the redistribution of...

August 22, 2017 No Responses

Total stakes $7.5billion for Maersk Oil Business

Danish transport and energy conglomerate, A.P. Møller – Mærsk A/S has signed an agreement to sell Maersk Oil to Total S.A for $7.45 billion in a combined share and debt transaction. As explained by Maersk, the separation of the energy...

August 21, 2017 No Responses

CMA CGM to build world’s largest boxships

French liner major CMA CGM has reportedly signed a letter of intent (LOI) with two Chinese yards on the construction of up to nine 22,000 TEU megaships. Specifically, in line with the LOI, CSSC Hudong-Zhonghua would be in charge of...

August 21, 2017 No Responses

NISA lauds new cabotage compliance strategy

The recent moves by the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure full implementation of the Cabotage Act, 2003 through the New Cabotage Compliance Strategy (NCCS) has continued to receive commendation from Stakeholders. This is ...

August 18, 2017 No Responses

Maersk CEO: For now, no reason to order new megaships

There is no incentive to order new ultra large containerships from a cost perspective right now, despite extremely low prices of newbuilding tonnage, Chief Executive Officer of A.P. Møller – Mærsk A/S,Søren Skou has said As highlighted by Skou, five ...

August 17, 2017 No Responses

Maersk Group posts $264m loss in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of $ 264 million in the second quarter of 2017, a switch from last year’s profit of $118 million. Maersk said the loss was due to impairments...

August 11, 2017 No Responses

NIMASA DG in Jamaica, explains benefit of deep sea mining

Nigeria is set to benefit from deep sea mining through effective harnessing of opportunities by working with the International Seabed Authority (ISBA), the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside ha...

August 10, 2017 No Responses

Hong Kong issues block exemption for liner VSAs

Hong Kong has granted a block exemption order (BEO) for vessel sharing agreements (VSAs) in the liner shipping industry. The country’s competition commission issued the order on August 8 in response to an application received from the Hong Kong Liner Sh...

August 8, 2017 No Responses

At Taiwo Afolabi’s maritime conference, experts task FG on PPP model for port infrastructure development

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, and other maritime experts have urged the Federal Government to adopt the public-private partnership (PPP) model to a...