Maersk To Focus On Transport, Lists Drilling As Stand Alone Firm

Maersk To Focus On Transport, Lists Drilling As Stand Alone Firm

Danish transport and logistics group A.P. Moller – Maersk has decided to list Maersk Drilling as a standalone company on Nasdaq Copenhagen in 2019 in an effort to focus on transport and logistics. Having evaluated the different options for Maersk Drilling,...
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Firm Secures $47m Grimaldi’s Nine RoRo Vessels Contract

Firm Secures $47m Grimaldi’s Nine RoRo Vessels Contract

Norwegian maritime technology group Kongsberg Maritime has been awarded contracts with China’s Nanjing Jinling Shipyard to deliver power and hybrid systems to nine roll-on/roll-off (RoRo) vessels ordered by Italian Grimaldi Group. The contracts are valued at...
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NIMASA Boss Seeks Maritime Data Bank

NIMASA Boss Seeks Maritime Data Bank

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency is pushing for a single data window system of all activities in the Nigerian maritime sector in such a way that...
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Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B

Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B

The multimillion dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the Country millions of dollars in capital flight once operational.   The Director General of the A...
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Dakuku: We Are Committed To Repositioning NIMASA

Dakuku: We Are Committed To Repositioning NIMASA

The Director-General, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has stressed that the Board and the entire management of the Agency are committed to ensuring that the Agency responds to its core mandate of advancin...
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NIMASA Photo News

NIMASA Photo News

The  Head, Public Relations, Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Isichei Osamgbi presenting relief materials to the Coordinator, at the Bakassi Internally Displaced Persons (IDP) Resettlement Camp in Cross River State.
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Firms To Accelerate Adoption Of LNG As Marine Fuel

Firms To Accelerate Adoption Of LNG As Marine Fuel

Mexico-based LNG company ÉNESTAS has joined SEA\LNG, a multi-sector industry coalition aiming at accelerating the adoption of LNG as a marine fuel. With the addition of ÉNESTAS, the SEA\LNG coalition bolsters its efforts to drive forward LNG as a marine fue...
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Firms Unveil Blockchain Shipping Solution

Firms Unveil Blockchain Shipping Solution

A.P. Moller – Maersk and IBM have created TradeLens, a solution jointly developed by the two companies to apply blockchain to the world’s global supply chain.   This follows the January announcement when the duo unveiled the collaboration aimed at...
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Sarumi, Folarin To Speak At Taiwo Afolabi Maritime Conference

Sarumi, Folarin To Speak At Taiwo Afolabi Maritime Conference

Chief Adebayo Sarumi, former Managing Director, Nigeria Ports Authority and Otunba Kunle Folarin, Chairman, Nigerian Ports Consultative Forum, will lead other maritime experts and stakeholders at the third edition of the Taiwo Afolabi Annual Maritime Conferenc...
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Maersk Lowers Profit Forecast amid Uncertainties

Maersk Lowers Profit Forecast amid Uncertainties

A.P. Møller – Mærsk A/S has downgraded its profit guidance for 2018 amid growing uncertainties on the market impacting container freight rates including geopolitical risks, high bunker prices and trade tensions. As a result, Maersk forecasts that its EBITD...
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Newcastle Eyes Container Terminal

Newcastle Eyes Container Terminal

A container terminal has been planned for Australian Port of Newcastle, the world’s largest coal export port which is now ready to diversify.     The new CEO of the port, Craig Carmody, has committed the Port of Newcastle to...
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Special Anti-Piracy Operation Gets Extension

Special Anti-Piracy Operation Gets Extension

European shipowners have welcomed the EU’s decision to extend the Operation Atalanta until the end of 2020.  On July 30, the European Council decided to extent the mandate of EU NAVFOR Somalia’s operation until December 31, 2020. The objectives of...
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Tincan Island Customs Generates N162.7B In Six Months

Tincan Island Customs Generates N162.7B In Six Months

Between January and June this year, Tincan Island Command of the Nigeria Customs Service generated a total of N162.7Billion, higher than N130.1Billion generated in the corresponding period of 2017 with N32.6Billion.   This declaration was made by the Customs ...
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Firm Orders 12 Ethane Carriers

Firm Orders 12 Ethane Carriers

US investment banking and principal investment firm Delos Shipping has been linked to an order of up to twelve very large ethane carriers (VLECs). According to data provided by Asiasis, the company ordered the units from two South Korean shipbuilding...
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