Seaport – Page 35 – City Business News

September 4, 2017 No Responses

Seaport operator to expand container facilities

Malaysian port operator, Westports Holdings Berhad (Westports) informed that its wholly-owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), has received an approval-in-principle (AiP) to expand its container facilities from Container Terminal 10 (CT10) to Container Terminal (CT19). The approval was granted...

August 31, 2017 No Responses

NPA elevates Nasiru, Eze, Fawole, others to AGMs

The Management of Nigeria Ports Authority (NPA) has approved the elevation of some of its managers to the rank of Assistant General Manager (AGM), in line with its commitment towards operational efficiency. Amongst those list are Ibrahim Nasiru of the...

August 30, 2017 No Responses

COSCO Shipping records $26.3m profit in six months

COSCO Shipping International (Hong Kong) Limited witnessed a rise in its earnings during the first half of 2017, driven by long-awaited signs of recovery in the shipping industry. For the six months ended 30th June 2017, the group’s profit...

August 21, 2017 No Responses

CMA CGM to build world’s largest boxships

French liner major CMA CGM has reportedly signed a letter of intent (LOI) with two Chinese yards on the construction of up to nine 22,000 TEU megaships. Specifically, in line with the LOI, CSSC Hudong-Zhonghua would be in charge of...

August 21, 2017 No Responses

NISA lauds new cabotage compliance strategy

The recent moves by the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure full implementation of the Cabotage Act, 2003 through the New Cabotage Compliance Strategy (NCCS) has continued to receive commendation from Stakeholders. This is ...

August 18, 2017 No Responses

Maersk CEO: For now, no reason to order new megaships

There is no incentive to order new ultra large containerships from a cost perspective right now, despite extremely low prices of newbuilding tonnage, Chief Executive Officer of A.P. Møller – Mærsk A/S,Søren Skou has said As highlighted by Skou, five ...

August 17, 2017 No Responses

Maersk Group posts $264m loss in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of $ 264 million in the second quarter of 2017, a switch from last year’s profit of $118 million. Maersk said the loss was due to impairments...

August 12, 2017 No Responses

FG renews Hassan Bello’s appointment as NSC CEO

The Federal Government has approved the renewal of the appointment of Mr. Hassan Bello as the Executive Secretary/CEO of the Nigerian Shippers’ Council for another four-year tenure. A letter conveying the renewal dated June 9th, 2017 to the Council...

August 11, 2017 No Responses

NPA Photo News

Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (7thleft), the President, Women in Maritime Africa (WIMA), Jean Chiazor Anishere (6th left), and colleagues, during a courtesy visit to the Management of the NPA in Marina, Lagos.

August 10, 2017 No Responses

Hong Kong issues block exemption for liner VSAs

Hong Kong has granted a block exemption order (BEO) for vessel sharing agreements (VSAs) in the liner shipping industry. The country’s competition commission issued the order on August 8 in response to an application received from the Hong Kong Liner Sh...

August 9, 2017 No Responses

Customs in Tincan Island sets fresh agenda for revenue generation

As part of measures put in place by the Tincan Island Command to remain a force to reckon with in Revenue collection, the Customs Area Controller (CAC) COMPT. BASHAR YUSUF has met in different sessions with the Officers in-charge of...

August 5, 2017 No Responses

NIMASA explains new Cabotage Compliance Strategy

In continuation of its quest to ensure full implementation of the Cabotage Act, 2003 for the benefits of Nigerians, the Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced New NIMASA Cabotage Compliance Strategy (NCCS) towards the actual...

August 4, 2017 No Responses

NPA commissions 24-hour emergency clinic

As part of measures to ensure effective implementation of the Executive Order concerning the ease of doing Business at Ports, the Management of the Nigerian Ports Authority (NPA) has commissioned a 24 hour emergency clinic to cater for health concerns....

August 4, 2017 No Responses

NICIS II: Customs Tincan Island Command begins training of officers

The full automation and computerization of customs processes and procedures has received a further boost with the commencement of training of officers/men for the advanced stage of automation of NICIS II in line with the effort of the Service to...