Maritime Archives — Page 81 of 122

August 11, 2018 No Responses

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...

August 10, 2018 No Responses

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...

August 9, 2018 No Responses

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...

August 8, 2018 No Responses

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...

August 6, 2018 No Responses

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...

August 4, 2018 No Responses

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...

July 31, 2018 No Responses

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 ...

July 29, 2018 No Responses

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...

July 28, 2018 No Responses

EU, US To Boost LNG Trade, Hold Further Tariffs

The trade relations between the United States and Europe, which were on roller coaster ride over the past few months amid trade tariff threats and retaliation measures being thrown from each side, seem to be on the path of...

July 27, 2018 No Responses

Dakuku: Creation Of More Agencies Not Solution To Maritime Security Challenges

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that creating additional agencies in the maritime sector would only overburden the sector; adding that what needed to be done was to strengt...

July 26, 2018 No Responses

NIMASA Sets Up Committee On Sustainable Blue Economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that partnership is a crucial element to the effective utilization of Africa’s maritime resources, just as a committee of Stakeholders has...

July 25, 2018 No Responses

ISPS Code: NIMASA Seals Heyden Petroleum Jetty, NIPCO, Others

As part of measures to ensure total compliance with the provisions of the International Ships and Ports Facility Security (ISPS) code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has taken stern measures against three alleged erring facilit...

July 25, 2018 No Responses

Nigerdock Lauds SIFAX Ferry After Facility Inspection

Nigerdock Nigeria Limited has commended SIFAX Group for the quality service and excellent facilities it has put in place for the recently-launched ferry service. The ferry service is currently available on Ebute-Ojo-Apapa and Mile 2 – Apapa routes. Nigerdock...