Seaport Archives — Page 18 of 47

June 22, 2020 No Responses

Terminal Operators Decry Continued Physical Examination Of Cargoes At Seaports

Seaport Terminal Operators Association of Nigeria (STOAN) at the weekend expressed worry at the continued manual examination of cargoes at the seaports in the face of the current global health crisis. The Chairman of the association, Princess Vicky Haastrup, in a...

June 11, 2020 No Responses

Bello Advocates Virtual Port Operations, Decries Physical Examination

By Moses Ebosele, ebosele@hotmail.com — The Executive Secretary and Chief Executive Office of Nigerian Shippers’ Council (NSC), Hassan Bello, on Wednesday challenged stakeholders in the maritime sector to embrace virtual ports operation as part of meas...

June 9, 2020 No Responses

CMA CGM Declares $48m Income In Q1

Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result. The company saw a net income of $48 million in Q1 2020, an increase of...

June 7, 2020 No Responses

NPA To Receive 16 Ships Laden With Petroleum Products, Frozen Fish, Soya Beans, Others

The Nigerian Ports Authority (NPA) is expecting 16 ships laden with petroleum products, food items and other goods from June 6 to June 20. NPA in its publication, `Shipping Position,’ explained on Saturday that the ships are expected to arrive...

June 6, 2020 No Responses

Seaport Adopts $1.5b Budget For 2020/21

The Port of Los Angeles, North America’s leading container seaport, has adopted a $1.5 billion budget for Fiscal Year 2020/21. The port said the budget was based on expectations of slower cargo volumes in the near term and a continued...

May 22, 2020 No Responses

Covid-19: Seaport Lay Off Entire Personnel

The Port of Helsinki will temporarily dismiss its entire personnel due to the impact of the coronavirus pandemic and related travel restrictions on the port’s business. “Because of this, we have been forced to start extensive cost reductions. As a...

May 16, 2020 No Responses

Customs Generates N117.8b At Tin-Can Port

The Nigeria Customs Service (NCS), Tin-Can Island Port Command, Lagos, generated N117.8 billion between January and April 2020, by deploying Time Release Study (TRS) tool to aid trade facilitation and revenue generation. The Customs Area Controller (CAC), Comp...

May 8, 2020 No Responses

Nigeria‘s Seaport Revenue To Drop By 75 Per Cent in 2020

By citybusinessnews@yahoo.com — Due to the ongoing economic crisis generated by the outbreak of Coronavirus pandemic (Covid-19), Nigeria is to lose 75% of its Seaport revenue in 2020. Speaking on Thursday during an interactive session on Webinar ta...

May 7, 2020 No Responses

Seaport Secures $500m Loan

The Port of Long Beach has secured a $500 million loan from the U.S. Government to help finance a massive infrastructural project aimed at allowing larger ships to enter the port. “This $500 million federal investment reflects the President’s continued...

May 6, 2020 No Responses

Customs Impounds Cocaine At Seaport

Customs officers have found around 500 kilograms of cocaine on board a bulker that arrived in the Port of Hamburg. The large-scale operation, which lasted several days, ended with an arrest and confiscation of illicit drugs during. One of the...

April 28, 2020 No Responses

Seaport Authorities Vow To Sustain Trade

Twenty port authorities from different parts of the world on Monday signed a declaration calling for collaboration and sharing of best practices in ensuring port operations remain open to trade as part of the global efforts to fight the COVID-19...

April 24, 2020 No Responses

NPA Renews Engagement With Customs On Overtime Containers, Inagurates N33.6 b Cranes

By Moses Ebosele, ebosele@hormail.com — As the Seaports become more efficient, efforts must be made to enhance cargo delivery processes and free the ports of longstanding cargo, the Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usm...

April 19, 2020 No Responses

Seaport Welcomes Largest Boxship

The 19,200 TEU MSC Anna, owned by Mediterranean Shipping Company, has docked at the port’s Oakland International Container Terminal on the Oakland Estuary, claiming the title of the largest ship ever to call in Oakland. The massive ship can carry...

April 15, 2020 No Responses

COVID-19: Terminal Operators Donates N300m

Two Port Terminal Operators, APM Terminals Apapa and West Africa Container Terminal (WACT) Onne, have jointly committed more than N300 million to helping to contain the spread of the coronavirus disease in Nigeria. Mr Martin Jacob, the Managing Director ...