Seaport – Page 24 – City Business News

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...

September 3, 2018 No Responses

1st LNG-Fueled Ship Begins Final Sea Trials

The world’s first cruise ship that can be powered by low-emission Liquefied Natural Gas (LNG) will be going on its first short trip,sail for Eemshaven in the Netherlands for final fit-out and sea trials at the end of September, 2018...

August 31, 2018 No Responses

Nigeria To Institute Wreck Insurance Policy

In its bid to accelerate operational efficiency and navigational safety in the nation’s seaports, the Federal Government will soon institute a Wreck Insurance Policy (WIP) on all vessels calling to the Nigerian Ports. The policy, according to the Managing Di...

August 25, 2018 No Responses

Violent Waves: Seven Ships Grounded

Seven ships are stranded outside the Kaohsiung Port in Taiwan having succumbed to heavy winds and violent waves caused by a strong storm that hit Taiwan. All 88 crew members of the seven ships are reported to be safe, according to...

August 17, 2018 No Responses

PILOTAGE DISTRICTS BOARD MEMBERS RECOMMEND URGENT REVIEW OF 1999 PORTS ACT

Members of the newly reconstituted Nigerian Port Authority (NPA) Pilotage Districts Boards have recommended the urgent review of relevant sections on pilotage in the Ports Act of 1999, to reflect the present dynamics of the industry. The members in a...

August 15, 2018 No Responses

SIFAX Group In Gambia, Secures Multi-Million Dollar Dry Port Contract

The management of SIFAX Group has signed a Memorandum of Understanding (MOU) with the Government of Gambia to build and operate a dry port in the country’s capital, Banjul. A dry port (sometimes inland port) is an inland intermodal terminal...

August 15, 2018 No Responses

NPA Boss Implores Pilotage Boards On National Interest

The Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman has charged members of the newly inaugurated pilotage boards to see their appointments as a “call to serve the nation in the national interest”. She therefore implored the appointees t...

August 13, 2018 No Responses

Firm Begins Testing Of Scrubbers, LNG As Alternative Fuel

German container shipping company Hapag-Lloyd revealed in its half-year results that it is preparing two pilot projects as a way of getting ready for the IMO’s 2020 sulphur cap. Namely, the company is testing exhaust gas cleaning technology (scrubbers) on...

August 2, 2018 No Responses

NPA Photo News

The Management of Nigerian Ports Authority (NPA) on Wednesday flags off the enforcement of Minimum Safety Standards for trucks operating in Apapa and Tincan Islands Ports (TCIP) . It was performed on behalf of the Management by the General Manager,...