Seaport Archives — Page 22 of 48

December 6, 2018 No Responses

Maersk Explains 2050 Target For Zero CO2 Emission

A.P. Moller -Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for strong industry involvement Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2050. To...

December 4, 2018 No Responses

NPA Boss Seeks Improved Security At Seaports

To curb high level of insecurity and threats in Nigeria’s Maritime domain, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has called on all Ports Facility Security Officers (PFSOs) to double their efforts and remain ever vigilant....

November 28, 2018 No Responses

Firm Unveils New LNG-Fueled Ferry

Spanish ferry company Baleària has splashed Marie Curie, its new smart ship with LNG engines. The launching ceremony took place on Tuesday at Cantiere Navale Visentini in Italy. The newbuilding is the company’s first ferry fueled by LNG that will oper...

November 21, 2018 No Responses

Evergreen Orders Four Feeder Vessels

Taiwan-listed container shipping major Evergreen Marine has placed an order for the construction of four feeder vessels at a Chinese yard. The containerships, which were ordered from Jiangnan Shipyard, will feature 2,500 TEU. Evergreen Marine is paying USD 31...

November 14, 2018 No Responses

A.P. Moller – Maersk Reports $10.1b Revenue In Q3

For the 2018 third quarter, A.P. Moller – Maersk has reported growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Süd. Growth in non-Ocean was at 15%, which now contributes...

November 10, 2018 No Responses

NPA To Terminal Operators: Be Part Of Trade Fairs, Exhibitions

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has advised Terminal Operators to take advantage of Trade Fairs and Exhibitions as part of measures to promote their activities as concessionaires in the nation’s seaports. Spea...

November 8, 2018 No Responses

Terminal Operator Explains $344m Revenue In Q3

Philippine terminal operator International Container Terminal Services (ICTSI) witnessed a rise in its earnings supported by an improvement in volumes in the peeriod ended September 30, 2018. For the third quarter of the year, revenue from port operations incr...

November 2, 2018 No Responses

APM Terminals To Offer 18m Shares For Sale

APM Terminals Bahrain revealed its plans to raise around USD 32 million through its planned initial public offering (IPO). APM Terminals Bahrain will offer 18 million shares, equivalent to 20 per cent of its issued share capital, at BHD 0.66...

November 1, 2018 No Responses

CMA CGM Introduces Sulphur Surcharge

French container shipping company CMA CGM is implementing low sulphur surcharge from/to the ports of Shanghai and Ningbo in China. Since October 1, 2018, the 0.5% sulphur limit is applicable to the above mentioned ports. As informed, the company will impose.....

October 26, 2018 No Responses

CMA CGM Gets EU Approval To Acquire Finland’s Containerships

French shipping major CMA CGM has received a green light from the European Commission to acquire Finland’s Containerships. The European Commission concluded that the proposed merger, which was agreed on June 20, 2018, would not raise competition concerns d...

October 12, 2018 No Responses

Obasanjo: Atiku’s Administration Will Be Business-Friendly, Boost Economy

I am happy to welcome the distinguished leaders of goodwill who have led the PDP Presidential Candidate and my former Vice-President, Atiku Abubakar, to my humble abode and I welcome the Presidential Candidate himself. Let me start by congratulating President-...

September 30, 2018 No Responses

Maritime Stakeholders Tackle Shipping of Counterfeit Goods

Representatives of the maritime industry have developed a set of best practices to reduce the volume of counterfeits shipped around the globe through checks on their customers and supply chains. The recommended best practices were developed as part of the...

September 18, 2018 No Responses

Maersk Line To Introduce New Fuel Adjustment Surcharge

World’s largest container shipping company Maersk Line is planning to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap. As explained, the new Bunker Adjustment Factor (BAF) surcharge aims at recovering Maersk Line’s costs of compl...

September 4, 2018 No Responses

Maersk Adds Digital Freight Forwarder To Its Brand

Digital freight forwarder Twill has changed its brand affiliation from Damco to Maersk, Danish shipping and logistics major A.P. Moller – Maersk said. Maersk explained that the realigning of the brand will make it possible to offer Twill to all Maersk...