Maritime – Page 150 – City Business News

May 19, 2017 No Responses

BPE, NPA renew commitment to ensure review of seaport concession agreement

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has pledged the Bureau’s seamless collaboration with the Nigerian Ports Authority (NPA) for a sustained development of the maritime industry. Receiving the Managing Director of the NPA,...

May 17, 2017 No Responses

FRSC, Seaport Truckers bicker over alleged extortion

Seaport truck owners under the aegis of Joint Council of Seaport Truckers (JCOST) on Tuesday in Lagos threatened to sue the Nigerian Ports Authority (NPA) and the Federal Road Safety Corps (FRSC) over alleged extortion. But, in a swift...

May 17, 2017 No Responses

NPA Photo News

Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd right); Executive Director, Finance and Admin. NPA, Mohammed Bello-Koko (2nd right); the President SSA, Comrade Benson Adegbeyeni (1st right); President General, Maritime Workers Uni...

May 13, 2017 No Responses

Haastrup: Success of port concession has opened more business opportunities

The Federal Government has been commended for its foresight in concessioning terminal operations at the nation’s seaports. Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, who gave the commendation said the succes...

May 12, 2017 No Responses

Maersk Group declares $253m profit in first quarter

Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD 253 million for the first quarter of 2017, compared to USD 224 million seen a year earlier, in line with expectations. The group’s revenue increased by 5 percent...

May 11, 2017 No Responses

Port of Virginia hosts COSCO Development

The Port of Virginia welcomed on May 8 COSCO Development, the largest containership to call this port and the US East Coast. The 13,092 TEU boxship breaks the previous record held by the 10,000 MOL Benefactor when it sailed to Norfolk International Termin...

May 10, 2017 No Responses

NPA, Japanese govt to collaborate on projects

The Nigerian Ports Authority (NPA) has stated that it would collaborate with the Japanese Government especially in the areas of technical and manpower support. This assurance was given by the NPA Managing Director, Hadiza Bala Usman who was represented...

May 9, 2017 No Responses

Bahri explains partnership with Hyundai

The National Shipping Company of Saudi Arabia (Bahri) has signed a Memorandum of Understanding (MoU) with the South Korean shipbuilder Hyundai Heavy Industries (HHI) for cooperation in the field of big data. The agreement sets up a comprehensive framework for...

May 8, 2017 No Responses

COSCO Shipping to sell stake in shipyard assets

COSCO Shipping International (Singapore) has decided to sell equity interest in its shipyard assets for a price of CNY 1.46 billion (USD 211.5 million) to COSCO Shipping Heavy Industry. In an effort to centralize operations and management, the company said i...

May 8, 2017 No Responses

Photo News

L-R: Executive Secretary, Nigerian Shippers’ Council, Hassan Bello, Managing Director, Nigerian Ports Authority, Hadiza Bala Usman, Executive Director, Finance and Admin, NIMASA, Bashir Yusuf Jamoh and Mrs Ify Anazonwu-Akerele, member, NCS at the investi...

May 5, 2017 No Responses

Shippers Council unveils agenda for Truck Transit Park, Container Depot in Edo

Edo State Governor, Mr. Godwin Obaseki has indicated his administration’s readiness to support the Nigeria Shippers Council (NSC) to establish an Inland Container Depot and a Truck Transit Terminal, which would facilitate diversity in economic activities. ...

May 5, 2017 No Responses

Critical role of Seaports in economic development, by NPA boss

The strategic role of ports in economic development is that they function as gateways to international trade and are regarded as major accelerators of local economic development, the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman has sai...

May 4, 2017 No Responses

NPA deploys $30m tug boats, reiterates commitment to operational efficiency

Citing need for greater operational efficiency at the nation’s Seaports, the Nigerian Ports Authority (NPA) on Wednesday in Lagos commissioned four new tug boats valued at $30 million. Christened Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya, the...

May 4, 2017 No Responses

FPSO vessel to berth at LADOL’s multi-purpose facility in September

Arrangements are in top gear to receive Egina Floating Production Storage and Offloading (FPSO) Vessel at Lagos Deep Offshore Logistics Base (LADOL) facility in September. FPSO is a floating vessel located near an oil platform, where oil is processed...