Maritime Archives — Page 91 of 122

December 30, 2017 No Responses

NIMASA to aquire fast intervention vessels

In line with the recent approval by the Federal Executive Council (FEC), the Nigerian Maritime Administration and Safety Agency, NIMASA is set to acquire strategic maritime safety and security assets, which are also in line with the total spectrum of...

December 27, 2017 No Responses

NIMASA to unveil maritime forecast

As part of measures to reposition the maritime sector for greater efficiency in line with International best practices, the Nigerian Maritime Administration and Safety Agency (NIMASA) will release the empirical forecast that will determine the outlook of the i...

December 24, 2017 No Responses

HSH to sell shares in FSL Trust

Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is in discussions with investors for a potential sale of all of its shares in FSL Holdings, the sponsor of the trust. FSL Holdings, through FSL Asset Management, owns all...

December 21, 2017 No Responses

BIMCO: Dry Bulk Demand to Outstrip Supply in 2018

Next year promises to provide some breathing space for bulker owners as the dry bulk fleet is likely to grow at the slowest pace seen since 1999, according to BIMCO, which expects global demand to outstrip supply growth in 2018....

December 18, 2017 No Responses

NIMASA DG at Shippers’ Council, seeks maritime framework for Africa

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that in order to harness the opportunities derivable from the Blue Economy in Africa, there is a need for a proper framework and structure...

December 15, 2017 No Responses

Maersk Line Pulls out of Transpacific Stabilization Agreement

Danish container carrier, Maersk Line is withdrawing from the Transpacific Stabilization Agreement (TSA) this month as part of its commitments to regulatory authorities made in the context of the acquisition of Hamburg Süd. “In light of the commitments prov...

December 15, 2017 No Responses

INTELS offers scholarship to 66 physically challenged persons

The Management of oil and gas logistics giant, INTELS Nigeria Limited has taken its community support a notch higher by offering full scholarships to no fewer than 66 physically challenged persons. The scholarship scheme, which was set up in 2003...

December 12, 2017 No Responses

NIMASA secures seatime training for 289 cadets in Egypt, UK

By citybusinessnews@yahoo.com – The Nigerian Maritime Adminstration and Safety Agency (NIMASA) has concluded arrangement for 289 cadets to proceed to Egypt and the United Kingdom between this month and January 2018 for seatime training in O...

December 12, 2017 No Responses

INTELS wins Nigerian Shippers’ Council CSR award

Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), which is a Federal Governmen...

December 12, 2017 No Responses

Dakuku: Nigeria spent ‘less than N100m’ on IMO election campaigns

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday in Lagos identified late preparations as a major factor responsible for the inability of Nigeria to secure a seat in the category ‘C’ of International Maritime Organisation (IMO). ...

December 11, 2017 No Responses

NIMASA to partner defence agencies on research, development

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector. .....

December 10, 2017 No Responses

CMA CGM Wraps Up Mercosul Takeover from Maersk Line

French shipping major, CMA CGM has completed the acquisition of Brazil’s container shipping line, Mercosul Line from Maersk Line. CMA CGM and Maersk Line announced the deal in June as part of Maersk Line’s move to acquire Hamburg Süd, which...

December 7, 2017 No Responses

EU approves COSCO’s OOCL takeover

The European Commission has given the green light to COSCO Shipping’s bid to take over Orient Overseas (International) Limited. Under the offer launched in July, COSCO Shipping Holdings and Shanghai International Port Group (SIPG) seek to acquire all issu...

December 4, 2017 No Responses

Maritime workers vow to shut Saipem over $29m debt

The Maritime Workers Union of Nigeria (MWUN) has vowed to shut down the operations of Saipem in Nigeria over the company’s indebtedness running into more than $29 million (N10.6 billion) for various services at the port. President-General of MWUN, Comrade...