Maritime Archives — Page 74 of 135

February 27, 2020 No Responses

Coronavirus Costing Shipping Industry $350m A Week

The impact of the outbreak of the coronavirus is estimated to be costing the shipping industry USD 350 million a week in lost revenues, according to the International Chamber of Shipping (ICS). The virus outbreak is having a significant impact...

February 24, 2020 No Responses

Iran To Acquire 158 New Ships

February 21, 2020 No Responses

Maersk Declares $ 5.7b Earnings For 2019, Projects 2020 Outlook

Despite weak market conditions and slow container growth of 1.4 percent, Danish shipping heavyweight, A.P. Moller – Maersk managed to improve earnings and free cash flow in 2019. The company’s earnings before interest, tax, depreciation, and amortization (...

February 20, 2020 No Responses

Shippers’ Council, Customs To Strengthen Partnership

The Nigerian Shippers’ Council (NSC) and the Nigeria Customs Service (NCS) are collaborating to provide a single-window platform that would ensure regulatory agencies at the ports.Executive Secretary of NSC, Mr Hassan Bello, explained that the platform would...

February 18, 2020 No Responses

Nigeria Set For Online Ship Registration

As part of measures to have a world-class Ship Registry and enhance the Ease of Doing Business in the maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to set up an automated ship registration process...

February 14, 2020 No Responses

Photo News

Representatives of Ports & Cargo Handling Services Limited, subsidiary of SIFAX Group, Infrastructure Concession and Regulatory Commission and the Nigerian Ports Authority during the 2020 Compliance and Performance Monitoring of Public Private Partnership ...

February 9, 2020 No Responses

NPA Revokes LADOL’s Land Lease Agreement

The Nigerian Ports Authority (NPA) has sanctioned the Lagos Deep Offshore Logistics Base (LADOL) for violating the terms of the land lease at Tarkwa Bay, near Light House Beach in Lagos.This, it claimed, was part of the efforts to boost...

February 6, 2020 No Responses

WISTA President Tasks Incoming Executives On Dedication, Team Work

The outgoing President of the Women International Shipping and Trading Association (WISTA) Nigeria, Mrs Mary Hamman, has urged incoming executives of the association to work as a team and create more awareness.Hamman made the appeal in an interview with the...

February 5, 2020 No Responses

China’s Oil Demand Drops

The rippling effect of the spread of the coronavirus is being felt across the shipping markets, the tanker and cruise sectors being at the front line.The impact of the virus outbreak is already being felt on oil markets as China,...

February 4, 2020 No Responses

Nigeria Acquires Six Armoured Aircraft, Helicopters, Vessel, Others For Maritime Security

By Citybusinessnews@yahoo.com — As part of measures to comprehensively tackle insecurity on Nigeria’s territorial waters and exclusive economic zone, the Federal Government has concluded arrangement to deploy its integrated maritime security infrastruc...

February 3, 2020 No Responses

Shipowners Seek Fluidity Of Trade Despite Brexit

As the United Kingdom stopped being a member of the European Union on January 31, 2020, European shipowners have called on both UK and EU regulators to continue their close alignment when it comes to shipping issues.The European shipowners emphasized...

January 28, 2020 No Responses

NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) will participate in a consortium that would set up and operate a dedicated automotive terminal at East Port in Egypt.On December 19, 2019, NYK and its partners Bolloré Africa Logistics and Toyota....

January 25, 2020 No Responses

NSC Visits Marine Command’s New AIG, Explains Activities

The Management of Nigerian Shippers’ Council (NSC) has congratulated the newly appointed Assistant Inspector General (AIG) of Police, Marine Command, Muhammad Uba Kura on his appointment.Speaking during a courtesy visit to the AIG, NSC Director, Consumer Aff...

January 24, 2020 No Responses

Grimaldi Takes Delivery of New Car, Truck Carrier

Italian Grimaldi Group has welcomed to its fleet Grande Houston, a new pure car & truck carrier (PCTC). On January 15, 2020, Grimaldi took delivery of the third of the seven ships built the Chinese shipyard Yangfan, located in Zhoushan....