Maritime – Page 59 – City Business News

July 27, 2023 No Responses

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...

July 27, 2023 No Responses

EU Adopts Final Rules On Regulating Shipping’s Climate Impact

The Council of the European Union has adopted the final rules on climate-neutral shipping as proposed in the FuelEU Maritime as a key part of the EU’s Fit for 55 package. World Maritime report that the final hurdle has been...

July 26, 2023 No Responses

Navy Deploys Deep Blue Assets Across South West, Central, Eastern Zonal Operations

The Nigerian Navy says assets acquired by the Nigerian Maritime Administration and Safety Agency, NIMASA under the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue project have been deployed across the Sout...

July 26, 2023 No Responses

NDDC Boss Harps On Partnership, Investment Opportunities Beyond Oil

The Niger Delta Development Commission (NDDC) is focused on deepening partnerships and promoting investments to secure the future of Niger Delta people in the years beyond oil-driven economy, Managing Director, Dr. Samuel Ogbuku, has said. Speaking durin...

July 25, 2023 No Responses

NPA Raises Alarm Over Increasing Extortion Along Port Access Road

The Nigerian Ports Authority (NPA) has raised the alarm on increasing extortion along the access roads of the Lagos and Tin Can Island Port Complexes.This is coming on the heels of the clearance operations the Authority undertook on 16th to...

July 25, 2023 No Responses

Nigeria, Benin Republic To Tackle Multiple Taxes On Transit Cargoes

The Nigeria Customs Service (NCS) and the Benin Republic counterpart on Monday agreed to address the multiple taxes on transit cargoes along the ECOWAS corridor. They also agreed to harmonise the import prohibition policy to ensure that whatever was banned...

July 23, 2023 No Responses

Bidding Begins For South Korea’s Flagship Carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM has been launched in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development B...

July 22, 2023 No Responses

No Vessel Caught Fire At Ports & Cargo Handling Services

Management of Ports & Cargo Handling Services Ltd., at Tin Can Island Port, on Friday, said that no vessel caught fire at its terminal. Group Head, Corporate Communications, SIFAX Group, Mr Olumuyiwa Akande, said: “Our attention has been drawn to...

July 21, 2023 No Responses

Shippers’ Council Visits Apapa LG, Seeks Collaboration

The management of Nigerian Shippers Council (NSC) has paid a courtesy visit to the Chairman of the Apapa Local Government, Idowu Adejumoke Senbanjo, to explore enhanced collaboration on smooth access to Apapa Ports roads. Speaking during the courtesy visit, th...

July 20, 2023 No Responses

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...

July 19, 2023 No Responses

US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

The United States Coast Guard says it is committed to Nigeria’s quest to implement the International Ships and Ports Security (ISPS) Facility Code in line with acceptable global best practices. Lt. Cdr. Jonna L. Clouse who is leading a team...

July 19, 2023 No Responses

IMO Gets New Secretary-General

The International Maritime Organization (IMO) Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial 4-year term as the next Secretary-General. Valesco will start his tenure as of 1 January 2024, subject to the Assemb...

July 18, 2023 No Responses

NPA Generates N191.4b Revenue In Six Months, Remits N55.7b To CRF

The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 (One hundred and ninety-one billion, four hundred and thirty million, ninety-three thousand and five hundred and one naira only) from its operations in the first half of.....

July 17, 2023 No Responses

Ogbueshi Osamgbi For Burial July 28

The Osamgbi family of Umu Nnikwu Village in Asaba Delta State, has announced the funeral arrangement of their Father and Diokpa Nnikwu, Ogbueshi Alexander Chukwuma Osamgbi. The Late Ogbueshi Osamgbi, who passed on recently in Asaba at the glorious age...