Maritime Archives — Page 68 of 142

May 20, 2021 No Responses

Wike Lauds NIMASA’s Blue Economy Strategy

Rivers State Governor, Nyesom Wike has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for designing and pursuing a Blue Economy strategy purposed to replace the current oil economy in about 10 years. Wike stated this in Port Harcourt, when he...

May 5, 2021 No Responses

NPA, NBS Sign MoU On Data Collection At Seaports

The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities. The MoU was signed on Tuesday in Abuja by Mr Yemi...

May 3, 2021 No Responses

MSC Rolls Out New Electronic Bill Of Lading

MSC Mediterranean Shipping Company is introducing an electronic bill of lading (eBL) for its customers, following a successful pilot phase. The company is using a solution on an independent blockchain platform WAVE BL. The system uses distributed ledger t...

April 29, 2021 No Responses

Shipowners, Seafarers Meeting On Revised Minimum Wage Deadlock

The world’s seafarers on Wednesday decided to shut down negotiations over the future of seafarers’ minimum wages with national shipowners represented by the International Chamber of Shipping. The seafarers’ unions said they would prefer to tackle the shi...

April 28, 2021 No Responses

Shipping Industry Records More Spike In Lost Containers

Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the...

April 19, 2021 No Responses

SPOMO Act Improving Nigeria’s Image, Says NIMASA DG

The Suppression of Piracy and Other Maritime Offences (SPOMO) Act, signed into law by President Muhammadu Buhari in June 2019, is producing a better appreciation of Nigeria’s determination to end piracy and sea robbery in Nigeria and the Gulf of...

April 15, 2021 No Responses

NIMASA Implores Refinery Operators, Suppliers On Ship Pollution

The Nigerian Maritime Administration and Safety Agency (NIMASA) is determined to ensure availability of marine fuels that comply with the regulation by the International Maritime Organisation (IMO) limiting the sulphur in the fuel oil used on board ships ...

April 4, 2021 No Responses

Last Group Of Stranded Ships To Cross Suez Canal

The last group of ships, stranded due to the grounding of the massive container ship Ever Given in the Suez Canal, were scheduled to cross the waterway on Saturday. In a statement, Chairman of the Suez Canal Authority (SCA), Osama Rabie,...

April 3, 2021 No Responses

Egypt Seeks $1b Compensation For Suez Blockage

Egypt will ask for over $1 billion in compensation for damages caused by the grounding of Evergreen and the resulting blockage of the Suez Canal last week, Reuters reports citing Suez Canal Authority (SCA) Chairman Osama Rabie as saying to local...

April 2, 2021 No Responses

Cosco Starts Conversion Work On Large Crude Carrier Into FPSO

Chinese shipyard Cosco Shipping Heavy has started working on a conversion of a very large crude carrier (VLCC) into floating production storage and offloading (FPSO) vessel for the Woodside-operated Sangomar project located offshore Senegal. Woodside informed ...

March 31, 2021 No Responses

LNG Vessels Waiting For Normalised Operations As Suez Canal Reopens

After the unblocking of the Suez Canal, a number of LNG and other vessels are waiting for the canal to become fully operational. Suez Canal, the shortest shipping route between Europe and Asia, is now reopened for navigation, almost a...

March 29, 2021 No Responses

Stranded Suez Container Ship Freed

A huge container ship that has been wedged in the Suez Canal since Tuesday has reportedly been refloated. Video posted social media on Monday appeared to show the stern of the Ever Given swung towards the canal bank, opening space...

March 27, 2021 No Responses

BPE DG Seeks Increased PPP In Maritime Sector

Director General, Bureau of Public Enterprise (BPE), Mr. Alex Okoh, has reiterated the need for an increase in the private sector involvement in financing critical infrastructural development in the maritime sector in order for the industry to become a ma...

March 26, 2021 No Responses

Shippers Council Tasks Stakeholders On Rules Of International Commercial Terms

The Nigerian Shippers’ Council (NSC) on Thursday urged stakeholders in the trade and transport sector to understand the rules of International Commercial Terms (INCOTERMS) 2020 to mitigate disputes and litigation. The NSC Executive Secretary, Hassan Be...