Maritime – Page 146 – City Business News

September 12, 2017 No Responses

Cosco to acquire 76% stake of APMT Zeebrugge Terminal

Dutch container terminal operator APM Terminals has reached a deal to sell its 76% share in the APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports. Under the agreement signed between APM Terminals and the Hong Kong-based subsidiary of China COSCO Shipping...

September 11, 2017 No Responses

Korean firm to build 15 LNG carriers for Russia

A Korean company has received a contract to build 15 ice-breaking LNG carriers for Russia, the President of South Korea Moon Jae-in said while speaking at the Eastern Economic Forum in Vladivostok. The tankers are said to be intended for the transpo...

September 8, 2017 No Responses

NPA reiterates commitment to ‘stress free’ retirement for workers

The Management of the Nigerian Ports Authority (NPA) has reiterated its commitment to ensure ‘stress free retirement’ for workers. Addressing cross section of upcoming set of retirees during a sensitization and awareness programme in Lagos, the Managi...

September 7, 2017 No Responses

‘NPA is committed to improving access to Apapa Ports’

Over the past couple of weeks, stakeholders have expressed concern over the state of access roads to the Lagos Port Complex in Apapa. The dilapidated state of the road, which has gone on for almost two decades has become a...

September 6, 2017 No Responses

Qatar inaugurates new seaport

Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani has inaugurated the Hamad Port in Umm Al Houl. The port, located 40km south of Doha, is the largest of its kind in the Middle East and has the capacity to handle all...

September 4, 2017 No Responses

Seaport operator to expand container facilities

Malaysian port operator, Westports Holdings Berhad (Westports) informed that its wholly-owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), has received an approval-in-principle (AiP) to expand its container facilities from Container Terminal 10 (CT10) to Con...

August 31, 2017 No Responses

NPA elevates Nasiru, Eze, Fawole, others to AGMs

The Management of Nigeria Ports Authority (NPA) has approved the elevation of some of its managers to the rank of Assistant General Manager (AGM), in line with its commitment towards operational efficiency. Amongst those list are Ibrahim Nasiru of the...

August 30, 2017 No Responses

COSCO Shipping records $26.3m profit in six months

COSCO Shipping International (Hong Kong) Limited witnessed a rise in its earnings during the first half of 2017, driven by long-awaited signs of recovery in the shipping industry. For the six months ended 30th June 2017, the group’s profit...

August 29, 2017 No Responses

Dakuku: We are ready to disburse CVFF Fund according to Law

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured Nigerian shipowners that the agency is making frantic efforts to disburse the Cabotage Vessel Financing Fund (CVFF) in line with set down regul...

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 ...

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 ...