Maritime – Page 122 – City Business News

April 21, 2019 No Responses

Hyundai LNG Shipping Orders First Very Large Gas Carrier

South Korean shipowner Hyundai LNG Shipping (HLS) has placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).The duo signed an agreement on April 16, 2019, which includes one optional...

April 16, 2019 No Responses

NPA Board Members Decry Condition Of Port Access Road

Board Members of the Nigerian Ports Authority (NPA) have added their voice to the perennial traffic gridlock on road leading to Port in Apapa and Tin-Can Island.While assuring that the Board would continue to identify with all efforts to find...

April 16, 2019 No Responses

Group Unveils Agenda To Tackle Maritime Corruption

The International Maritime Organization (IMO) is to address maritime corruption by including the issue in its work programme for the Facilitation Committee. The decision to include an anti-corruption agenda came at the latest meeting of the IMO’s Facilitatio...

April 10, 2019 No Responses

Fire Destroys RoRo Ship

Panama-flagged roll-on/roll-off (RoRo) ship Al Fayrouz caught fire while underway in the Red Sea on April 8. According to Saudi Arabian Border Guards, the 101-meter was in international waters, 60 nautical miles off Saudi Arabia’s Farasan Islands, when the i...

April 9, 2019 No Responses

Global Piracy Drops By 42 Per Cent

The first quarter of 2019 saw fewer incidents of piracy and armed robbery against ships, compared to the first three months of 2018, a report shows. According to the report issued by the International Chamber of Commerce (ICC) International Maritime...

April 7, 2019 No Responses

Shipping Firm Develops New Port Supply Chain

Hong Kong-based port operator COSCO Shipping Ports signed an investment agreement with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau. Under the deal, the company plans to develop phase I of terminal extended business in the land n...

April 6, 2019 No Responses

CMA CGM Christens New Ship For French West Indies

French container shipping company CMA CGM has christened CMA CGM Fort De France, the company’s 1st vessel dedicated to the French West Indies. The Post-Panamax containership was christened by Annick Girardin, French Minister for Overseas Territories, in Mart...

March 31, 2019 No Responses

Shipping Firm Secures $407m Financing

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has decided to raise JPY 45 billion (USD 406.6 million) through a new subordinate loan. As informed, the loan proceeds will be used for the repayment of interest-bearing debts and capital expenditures...

March 29, 2019 No Responses

Firms Seal 12-Year LNG Deal

Monaco-based LNG carrier owner and operator GasLog has entered into a 12-year fixed-term charter with Japan’s JERA for a newbuild LNG carrier. GasLog signed the agreement with LNG Marine Transport Limited, the principal LNG shipping entity of JERA. The vesse...

March 27, 2019 No Responses

LNG Fueled Ferry Joins Brittany Network

French shipping company Brittany Ferries has confirmed the charter of a third brand new cruise-ferry to serve its long-haul routes. To be powered by LNG, the ship will be built at the AVIC Weihai Shipyard in China and is due...

March 23, 2019 No Responses

Shell, Unilever, Heineken, Others Partner Maersk On Decarbonixation Of Ocean Shipping

Convinced of the urgency to act on climate, a group of Dutch multinationals – FrieslandCampina, Heineken, Philips, DSM, Shell and Unilever – all members of the Dutch Sustainable Growth Coalition (DSGC), will join forces with A.P. Moller – Mae...

March 23, 2019 No Responses

NIMASA Signs Sea Time Training MoU For Nigerian Cadets With India

The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to partnerships with international institutions for sea time training of Nigerians under the Nigerian Seafarers Development Programme (NSDP). Director General of NIMASA...

March 21, 2019 No Responses

LNG Bunkering Begins At Seaport

Polish Natural Gas Companies (PGNiG) and LOTOS have completed two commercial bunkering operations of Liquefied Natural Gas (LNG) in what PGNiG says are the first operations of this kind carried out at seaports in Gdańsk and Gdynia. The first bunkering.....

March 19, 2019 No Responses

Shipping Firm Invests $55m In Scrubbers

Swedish tanker shipping company Stena Bulk has made a USD 55 million investment in scrubbers that will encompass sixteen of the company’s vessels. As World Maritime News already reported, ten of the company’s IMOIIMAX vessels and five Suezmaxes will be...