Maritime – Page 137 – City Business News

February 20, 2018 No Responses

‘Overcapacity, Weak ‘Trading Demand’ Extends into 2018’

Overcapacity, weak ‘trading demand’ and weak OPEC output have depressed the conditions that usually boost long hauls in the tanker shipping market, according to BIMCO. As illustrated by the very weak rates for oil product transports during most parts of 2017,...

February 19, 2018 No Responses

INTELS 2018 women empowerment training scheme gets 700 applications

No fewer than 700 women applied for admission into the 2018 Women Empowerment Programme Synergy Scheme (WEPSS) of oil and gas logistics giant, INTELS Nigeria Limited. A corporate social responsibility initiative of INTELS, WEPSS was established in 2013 with th...

February 16, 2018 No Responses

Cosco Shipping Specialized Carriers Becomes World’s Largest Multipurpose Operator

China’s Cosco Shipping Specialized Carriers (CoscoSSC) has become the world’s largest multipurpose operator by deadweight, a new report issued by Dynamar shows. CoscoSSC’s existing fleet has a total deadweight of 1.76 million tons. In addition, the com...

February 15, 2018 No Responses

Africa Welcomes First Nickel Ore Carrier

The Autonomous Port of Abidjan in Africa hosted its first nickel ore carrier on February 14. The 50,000 dwt Luzern docked at the port’s Wharf 15. The port said that the nickel ore came from a mine located in Foungbesso in the...

February 15, 2018 No Responses

Dakuku: Judiciary Key to Developing Blue Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency is taking deliberate steps to work with the Judiciary and other arms of Government to reposition Nigeria’s maritime indust...

February 14, 2018 No Responses

MAERSK, GAC, Charkings, Others Bag NIMASA Achievement Awards

In recognition of the numerous contributions of Stakeholders to the growth and development of the maritime sector in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) bestowed awards on outstanding maritime companies; Maersk Nigeria Limi...

February 14, 2018 No Responses

Minister Canvasses Support For $16b Egina project

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Tuesday commended the management of Total Upstream Nigeria Ltd. (TUPNI), for its 16 billion dollars (N5.76 trillion) Egina project in Nigeria. Kachikwu gave the commendation during his visit to...

February 14, 2018 one Response

NIMASA Boss Tasks Media on Blue Economy

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has urged the media to collaborate in enlightening the public on potential of the Blue Economy. Peterside made the plea at a one-day seminar organised for m...

February 14, 2018 No Responses

IOSCO Issues Report on Risk, Protection for Investors of OTC Products

The International Organization of Securities Commissions (IOSCO) on Tuesday issued a consultation report proposing policy measures for its members to consider when addressing the risks arising from the offer and sale of OTC leveraged products to retail clients...

February 13, 2018 No Responses

Evergreen, Firm Seal Charter Deal for 11,000 TEU Boxships

Taiwanese shipping company, Evergreen Line has entered into a charter deal with Japanese counterpart Shoei Kisen Kaisha for twelve 11,000 TEU containerships. The charter deal was announced in January, but today the duo made it official. The twelve ships will.....

February 12, 2018 No Responses

Qatar Accedes to Ballast Water Management Convention

Qatar has become the latest state to sign up to the International Maritime Organization’s (IMO) Ballast Water Management Convention, the treaty helping to protect the marine environment. A total of sixty-eight signatories now represent more than 75% of the w...

February 5, 2018 No Responses

LNG Carrier, Pan Americas handed over to owner

The liquefied natural gas (LNG) carrier Pan Americas, the second one constructed for the Queensland Curtis LNG Project, has been handed over to its owners. Jointly owned by Teekay LNG Partners, China LNG Shipping International, and China’s CNOOC Limited,...

February 4, 2018 No Responses

CMD organises 2,198 courses in 10 years

The Centre for Management Development (CMD) says it has organised no fewer than 2,198 programmes in 10 years to build the capacity of government officials in various management sector. CMD Director- General, Dr Kabir Usman, stated this in a document...

February 2, 2018 No Responses

27 ships expected at Lagos Seaports

The Nigerian Ports Authority (NPA) says 27 ships are expected to arrive in Apapa and Tin Can Island Ports in Lagos from Feb. 2 to Feb. 24. NPA, in its daily publication, `Shipping Position’, issued on Friday in Lagos, said...