Maritime – Page 130 – City Business News

March 23, 2018 one Response

NPA MD at Onne Port Stakeholders Forum, Inspect Tug Boat

By Moses Ebosele, ebosele@hotmail.com The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated her commitment to sustain periodic engagement with stakeholders in the sector. Addressing Onne Port Stakeholders on Thursday, Bala Usman explained that...

March 23, 2018 No Responses

Initiative For Climate-Smart Shipping Debuts

Electromobility for Shipping is the name of a new collaboration between six actors with the aim to increase the electrification of shipping. Swedish ferry company Stena AB, the Swedish Shipowners’ Association, ABB Sweden AB, ABB Marine Oy, research institut...

March 20, 2018 No Responses

Dakuku: Maritime Sector Has Capacity to Catalyze Economic Growth

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that the Nigerian maritime sector has the capacity to catalyze economic growth and also gave the assurance that the Agency will not...

March 20, 2018 No Responses

‘Beacons Of Nigeria Maritime Industry’ For Public Presentation March 22

A spectacular ‘Who-is-Who’ book featuring people in the maritime industry titled ‘Beacons of Nigeria Maritime Industry’ will be launched on March 22, 2018 at the Nigerian Institute of International Affairs, Victoria Island, by 10 am. Promoters of the b...

March 18, 2018 No Responses

CMA CGM Lifts 19m Containers In 2017, Explains $701m Income

French shipping giant CMA CGM returned to profitability in 2017 as its consolidated net income group share for the year amounted to USD 701 million, a sharp increase compared to the loss of USD 452 million reported in 2016. In...

March 16, 2018 No Responses

Maritime Aircraft

President Muhammadu Buhari with The Crew Of ATR42-500 Maritime Patrol Aircraft, Nigerian Air Force, On Thursday. Photo: Bayo Omoboriowo

March 15, 2018 No Responses

Budget Implementation: Dakuku Assures House Committee on Accountability

The Nigerian Maritime Administration and Safety Agency (NIMASA) has received commendations from the House of Representatives Committee on Maritime Safety, Education and Administration for its performance in the 2017 budget implementation adding that NIMASA sho...

March 13, 2018 No Responses

Lexus Announces Future Production of Larger Luxury Yacht

The unique Lexus Sport Yacht concept was recognized with a special award by Japan’s “Boat of the Year” committee at the Japan International Boat Show in Yokohama on Monday According to reports, the one-of-a-kind Lexus Sport Yacht stunned the automotive...

March 13, 2018 No Responses

Daewoo Shipbuilding Posts $629.7 million Income In 2017

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has managed to improve its financial performance for the first time since 2011. The company recorded a net income of KRW 669.9 billion (USD 629.7 million) in 2017, compared to a...

March 12, 2018 No Responses

NIMASA To Partner BPE On National Shipping Line

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday expressed willingness to partner the Bureau of Public Enterprises (BPE) to refloat a National Shipping Line. The Director General of NIMASA, Dr. Dakuku Peterside who made this known when...

March 11, 2018 No Responses

Hyundai Abandons Options for Five Additional Tankers

South Korean shipping giant Hyundai Merchant Marine has decided to abandon its options for five additional tankers, the company confirmed to World Maritime News. The company’s very large crude carrier (VLCC) options were a part of an earlier shipbuilding a...

March 10, 2018 No Responses

Report: Seafarers Happiness Index Down

The average seafarer happiness level in the fourth quarter of 2017 was 6.25 out of 10, according to the Mission to Seafarers’ relaunched Seafarer Happiness Index (SHI). The results show a downward trend when compared to the surveys conducted in 2015 and...

March 5, 2018 No Responses

NIMASA elevates 638 staff

The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the promotion of 85 Management Staff and 553 non-staff. The promotions were ratified at the meeting of the Board of the Agency in Lagos under the...

March 2, 2018 No Responses

Kaztec Engineering To Invest $1.5b In Shipyard

Mr Marc Robillard, the Commercial Manager of Kaztec Engineering Limited, said his company would invest another 750 million dollars to its existing 300 million dollars investment in Nigeria’s maritime sector. Robillard disclosed this on Thursday in Abuja afte...