Maritime – Page 147 – City Business News

March 31, 2017 No Responses

No dividend for shareholders as COSCO Shipping posts 1.4b loss in 2016

Shanghai-listed COSCO Shipping Holdings Company, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), has reported a loss of $1.4 billion in its annual report for 2016. As a result the company proposed that no dividend is distributed this...

March 31, 2017 No Responses

EU Ministers adopts transport declaration

European Transport Ministers have adopted a ministerial declaration on maritime transport, the European Community Shipowners’ Association (ECSA) informed. The so-called ‘Valletta Declaration’ outlines priorities for the EU’s maritime transport policy...

March 30, 2017 No Responses

Nigeria to showcase maritime potential in Norway

As part of measures to attract foreign investors to tap into opportunities that abound in the Nigerian maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) would be showcasing the potentials of the Nigerian Maritime Sector at the ...

March 28, 2017 No Responses

CMA CGM, PSA Singapore start 2nd phase of box terminal JV

(WMN)–French container shipping company CMA CGM and PSA Singapore, a subsidiary of PSA International, launched the second phase of their container terminal joint venture in Singapore on March 27. The CMA CGM – PSA Lion Terminal (CPLT) started operati...

March 24, 2017 No Responses

Cosco Shipping records 29 % drop in profit

Cosco Shipping International (Hong Kong) has seen its profit for the year ended December 31, 2016 plunge by 29 percent to HKD 236.5 million (USD 30.4 million) from HKD 362 million (USD 46.6 million) reported a year earlier. Although the...

March 23, 2017 No Responses

NIMASA DG reiterates commitment to ISPS Code implementation

In spite of the success recorded in the Implementation of the International Ship and Port Facility Security (ISPS) code in Nigeria, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that th...

March 21, 2017 No Responses

NIMASA audits 16 maritime institutions, explains billing of pipelines, oil rigs, others

The Nigeria Maritime Administration and Safety Agency (NIMASA) has concluded audit of accredited 16 maritime institutions. Accredicted by NIMASA, the maritime training institutions offer courses in line with the International Convention on the Standards of T...

March 17, 2017 No Responses

NIMASA, UK School target sea time for 400 Nigerians

The Nigerian Maritime Administration and Safety Agency (NIMASA) in partnership with the South Shield Marine School at the South Tyneside College, South Shield, Newcastle in the United Kingdom, is to provide sea time opportunities for about 400 cadets of NIMASA...

March 17, 2017 No Responses

NSE Photo News

L – R: Tinuade Awe, General Counsel & Head, Regulation, The Nigerian Stock Exchange (NSE); Olumide Orojimi, Head, Corporate Communications Department, NSE; Boluwatiwi Omidiji, CSR Analysts, NSE; Godstime Iwenekhai, Acting Head, Listings Regulation, NSE; ...

March 12, 2017 No Responses

130 Nigerian Cadets graduates in Egypt, gets seatime training offer

The Nigerian Seafarers Development Programme (NSDP), an initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA), has once again graduated 130 cadets from the Arab Academy for Science, Technology and Maritime Transport in Alexandria, Egypt...

March 9, 2017 No Responses

Forum hings Seaports’ growth on adequate infrastructure, single window, others

For Seaports in Nigeria to attain sustainable growth and development, there is the urgent need for the Federal Government to implement existing laws, provide adequate infrastructure and streamline cargo clearance operations and procedure. Speaking in Lagos on ...

March 7, 2017 No Responses

Intels debunks alleged sponsorship of OGFZA Act amendment, CEO’s removal

Intels Nigeria Limited has described allegations that it was sponsoring the proposed Bill to amend the Oil and Gas Free Zones Authority (OGFZA) Act as “ridiculous, preposterous and laughable”. Media Consultant to Intels Nigeria Limited, Mr. Bolaji Akinola ...

March 6, 2017 No Responses

LCCI, MAN, Maritime business leaders to grace Town Hall on cargo charges

The Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and business leaders in the maritime industry have all geared up for a one-day town hall meeting on cargo and port handling charges. The town hall which...

March 2, 2017 No Responses

Economic diversification: NIMASA seeks support of traditional rulers

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has solicited support of traditional rulers around the maritime domain of the country to assist the economic diversification drive of the President Mu...