Maritime – Page 132 – City Business News

August 4, 2018 No Responses

Special Anti-Piracy Operation Gets Extension

European shipowners have welcomed the EU’s decision to extend the Operation Atalanta until the end of 2020. On July 30, the European Council decided to extent the mandate of EU NAVFOR Somalia’s operation until December 31, 2020. The objectives of...

July 31, 2018 No Responses

Tincan Island Customs Generates N162.7B In Six Months

Between January and June this year, Tincan Island Command of the Nigeria Customs Service generated a total of N162.7Billion, higher than N130.1Billion generated in the corresponding period of 2017 with N32.6Billion. This declaration was made by the Customs ...

July 29, 2018 No Responses

Firm Orders 12 Ethane Carriers

US investment banking and principal investment firm Delos Shipping has been linked to an order of up to twelve very large ethane carriers (VLECs). According to data provided by Asiasis, the company ordered the units from two South Korean shipbuilding...

July 28, 2018 No Responses

EU, US To Boost LNG Trade, Hold Further Tariffs

The trade relations between the United States and Europe, which were on roller coaster ride over the past few months amid trade tariff threats and retaliation measures being thrown from each side, seem to be on the path of...

July 27, 2018 No Responses

Dakuku: Creation Of More Agencies Not Solution To Maritime Security Challenges

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that creating additional agencies in the maritime sector would only overburden the sector; adding that what needed to be done was to strengt...

July 26, 2018 No Responses

NIMASA Sets Up Committee On Sustainable Blue Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that partnership is a crucial element to the effective utilization of Africa’s maritime resources, just as a committee of Stakeholders has...

July 25, 2018 No Responses

ISPS Code: NIMASA Seals Heyden Petroleum Jetty, NIPCO, Others

As part of measures to ensure total compliance with the provisions of the International Ships and Ports Facility Security (ISPS) code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has taken stern measures against three alleged erring facilit...

July 25, 2018 No Responses

Nigerdock Lauds SIFAX Ferry After Facility Inspection

Nigerdock Nigeria Limited has commended SIFAX Group for the quality service and excellent facilities it has put in place for the recently-launched ferry service. The ferry service is currently available on Ebute-Ojo-Apapa and Mile 2 – Apapa routes. Nigerdock...

July 25, 2018 No Responses

Terminals In Europe, Australia Lift DP World’s Performance By 4.8 Per cent In Six Months

Despite geopolitical tensions, Dubai-based port developer DP World said that the first half of 2018 saw an upswing in global trade, especially at its container terminals in Europe and Asia. The port operator reported a 4.8 pct growth in gross container...

July 24, 2018 No Responses

Samsung Secures $366.1M Contract For Special-Purpose Ships

South Korean shipbuilder Samsung Heavy Industries (SHI) has won a deal for the construction of three special-purpose ships worth KRW 415.7 billion ($ 366.1 million). The shipbuilder said the order was received from an undisclosed North American shipowner. T...

July 23, 2018 No Responses

Firm Gets 1st LNG-Powered Ship

U.S.-based shipping company Crowley Maritime Corporation has taken delivery of its first LNG-powered Combination Container Roll-on/Roll off (ConRo) ship from VT Halter Marine. El Coquí, which is one of the first ConRos in the world, is also the first of two....

July 22, 2018 No Responses

‘Consolidation Between Top Tier Carriers Unlikely’

The consolidation between top tier carriers such as French liner giant CMA CGM and its German counterpart Hapag-Lloyd is unlikely, according to Simon Heaney, Senior Manager for Container Research at Drewry. As explained by Heaney, the merger of carriers of su...

July 21, 2018 No Responses

NPA Hosts International Maritime Conference

The Nigerian Ports Authority would be hosting the International Association of Ports and Harbours (IAPH) Africa Regional Conference in Abuja, Nigeria between 17 – 19 September, 2018. According to information obtained from the Local Organising Commi...