Seaport Archives — Page 24 of 45

March 30, 2018 No Responses

FG Seeks Speedy Completion Of Lekki Deep Seaport

The Federal Government has challenged promoters of the Lekki Deep Sea Port to facilitate speedy completion of the project. President Muhammadu Buhari, represented by Vice President Yemi Osinbajo flagged off the construction of the Sea Port in Lagos on Thursday....

March 28, 2018 No Responses

COSCO Names Another 20,000 TEU Boxship

China’s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild. The naming ceremony for the giant boxship was held in Nantong on March 22, 2018. Built by Nantong COSCO KHI Ship Engineering (NACKS), COSCO Shipping Leo is...

March 26, 2018 No Responses

NPA To Start Aggressive Debt Recovery, Tasks Terminal Operators On Equity

The Nigerian Ports Authority (NPA) is to commence aggressive recovery of debt owed by Terminal Operators and other stakeholders in the maritime sector. Addressing stakeholders in Port Harcourt, Rivers State, Managing Director of NPA Hadiza Bala-Usman said pr...

March 25, 2018 No Responses

1,000 Seaports Commit To Sustainable Growth, Development

Nearly 1,000 ports and port-related companies have committed themselves in Antwerp to achieving the 17 Sustainable Development Goals (SDGs) set by the United Nations. On March 22, a two-day event held under the auspices of the World Ports Sustainability Prog...

March 18, 2018 No Responses

CMA CGM Lifts 19m Containers In 2017, Explains $701m Income

French shipping giant CMA CGM returned to profitability in 2017 as its consolidated net income group share for the year amounted to USD 701 million, a sharp increase compared to the loss of USD 452 million reported in 2016. In...

March 13, 2018 No Responses

Daewoo Shipbuilding Posts $629.7 million Income In 2017

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has managed to improve its financial performance for the first time since 2011. The company recorded a net income of KRW 669.9 billion (USD 629.7 million) in 2017, compared to a...

March 10, 2018 No Responses

Report: Seafarers Happiness Index Down

The average seafarer happiness level in the fourth quarter of 2017 was 6.25 out of 10, according to the Mission to Seafarers’ relaunched Seafarer Happiness Index (SHI). The results show a downward trend when compared to the surveys conducted in 2015 and...

March 2, 2018 No Responses

Kaztec Engineering To Invest $1.5b In Shipyard

Mr Marc Robillard, the Commercial Manager of Kaztec Engineering Limited, said his company would invest another 750 million dollars to its existing 300 million dollars investment in Nigeria’s maritime sector. Robillard disclosed this on Thursday in Abuja afte...

March 2, 2018 No Responses

Pirates Take Two Crew Hostage off Benin

Luxembourg-flagged product-chemical tanker, ST Marseille was attacked by five armed pirates on February 26 while anchored in the Bay of Cotonou, the Gulf of Guinea. The pirates approached the tanker in a speedboat and opened fire once they boarded the vessel,...

March 2, 2018 No Responses

NPA Photo News

R-L: Caption 2. From right, Port Manager, Calabar Port, Mrs Olufunmilayo Olotu, Representative of Director of Maritime Labor Services, NIMASA, Oluyemisi Fayemi, General Manager, Procurement (NPA), Alhaji Ahmed Dandare, Director Procurement, Federal Ministry of...

February 28, 2018 8 Responses

NPA Boss Implores PMWCA on International Standards, Private Sector Involvement In Provision Of Ports Facilities

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has challenged Port Management Association of West and Central Africa (PMWCA) to devise ways to pilot the sub-region to take full advantage of trading opportunities by encouraging priva...

February 24, 2018 No Responses

Transport Minister Assures Stakeholders of Safe Maritime Domain

The Minister of Transportation, Rotimi Amaechi has assured stakeholders in the maritime sector that the Federal Government will leave no stone unturned in actualizing its goal for a safer and more secured maritime domain. The Minister who said this...

February 24, 2018 2 Responses

NPA Reiterates Support For Use Of Barges, To Fast-Track Renovation Works on Quay Apron At Ikorodu Lighter Terminal

The Nigerian Ports Authority (NPA) is to encourage the movement and evacuation of cargoes from the nation’s Seaports to the hinterland across the country. This according to the Managing Director, Hadiza Bala Usman was in order to reduce the pressure...

February 23, 2018 No Responses

SIFAX: Port Access Road Needs Reconstruction, Not Palliative

To save businesses from the impending shut down due to the deplorable state of the Tin Can–Coconut port access road, Mr. Oliver Omajuwa, General Manager, SIFAX Off Dock Limited has urged the Federal Government as a matter of urgency to...