Seaport – Page 29 – City Business News

February 5, 2018 No Responses

NPA exceeds N286b revenue target for 2017, generates N299b

For the financial year ended December 31, 2017, the Nigerian Ports Authority (NPA) generated N299billion. The Authority had at the beginning of 2017 set for itself revenue target of N286billion. Speaking at the weekend, Managing Director of NPA, Hadizat...

February 2, 2018 No Responses

27 ships expected at Lagos Seaports

The Nigerian Ports Authority (NPA) says 27 ships are expected to arrive in Apapa and Tin Can Island Ports in Lagos from Feb. 2 to Feb. 24. NPA, in its daily publication, `Shipping Position’, issued on Friday in Lagos, said...

February 1, 2018 No Responses

USCG expresses satisfaction with ISPS code compliance level in Nigeria

The United States Coast Guard (USCG) has expressed satisfaction at the compliance level of Nigeria with the International Ships and Ports Security (ISPS) facility Code at the nation’s ports. A delegation from the USCG led by Lt. Commander Jacob...

January 30, 2018 No Responses

Bala Usman: We shall maximize huge potential in seaports for increased revenue generation

To successfully tap huge economic potentials available in the maritime sector, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured relevant Stakeholders of the management resolve to provide enabling environment and infrastruc...

January 25, 2018 No Responses

Bala Usman: Arrival of FPSO Egina indicates NPA’s capability in handling vessels of any size

The successful arrival of the Floating, Production, Storage and Offloading (FPSO) vessel for Egina deepwater oilfield project indicates that the Nigerian Ports Authority (NPA) is prepared to take on greater challenges, Managing Director, Hadiza Bala Usman has ...

January 24, 2018 No Responses

China Harbour commences work on Gelegele Seaport

Following the signing of a Memorandum of Understanding (MoU) for the construction of Gelegele Seaport between the Edo State Government and China Habour Engineering Company (CHEC) in China three weeks ago, senior officials of the company arrived Benin City, E...

January 18, 2018 No Responses

NPA indicates interest in 39th Kaduna international trade fair

The Nigerian Ports Authority [NPA] is to participate in the forthcoming 39Th Kaduna International Trade Fair scheduled to hold between February 23rd to March 4th, 2018. The Managing Director, Hadiza Bala Usman, gave the assurance in Lagos on Wednesday...

January 14, 2018 one Response

Singapore seeks global maritime hub with $3.4b agenda

Singapore has unveiled a new plan, the Sea Transport Industry Transformation Map (ITM), in an aim to grow the industry’s value-add by SGD 4.5 billion (USD 3.4 billion) by 2025. Specific initiatives have been laid out under the Sea Transport ITM,...

January 9, 2018 No Responses

Obaseki in China, signs MoU with CHEC on Gelegele Seaport development

The Governor of Edo State, Mr Godwin Obaseki, has signed a Memorandum of Understanding (MoU) with China Harbour Engineering Company Limited (CHEC), for the development of the Gelegele Seaport and other transport infrastructure in the state. The ceremony he...

January 4, 2018 No Responses

NPA reiterates commitment to safety, security standards

The Management of Nigerian Ports Authority (NPA) has expressed concern while sympathizing with those affected in the unfortunate fire incident which occurred at locations in the Tin Can Island Port Complex (TCIPC), Apapa during which no lives were lost. ...

January 3, 2018 No Responses

APM Terminals waives charges on container for IDPs

APM Terminals Apapa Limited has waived handling and storage charges running into several millions of naira on a container load of fish which was donated by the Federal Government to Internally Displaced Persons (IDPs) in Yobe State. The Federal...

December 30, 2017 No Responses

NPA suspends operation of service boats to IOCs, may restrict Egina FPSO’s access to Nigerian waterways

The Nigerian Ports Authority (NPA) has suspended service boats operations in all its pilotage districts until the full settlement of debts accruing from unpaid pilotage dues by IOCs and other beneficiaries of the services. This is coming just as...

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....