Seaport Archives — Page 38 of 47

May 4, 2017 No Responses

NPA deploys $30m tug boats, reiterates commitment to operational efficiency

Citing need for greater operational efficiency at the nation’s Seaports, the Nigerian Ports Authority (NPA) on Wednesday in Lagos commissioned four new tug boats valued at $30 million. Christened Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya, the...

May 4, 2017 No Responses

FPSO vessel to berth at LADOL’s multi-purpose facility in September

Arrangements are in top gear to receive Egina Floating Production Storage and Offloading (FPSO) Vessel at Lagos Deep Offshore Logistics Base (LADOL) facility in September. FPSO is a floating vessel located near an oil platform, where oil is processed...

May 2, 2017 No Responses

Singapore: Well-Positioned for Maritime Industry

Singapore has once again clinched the top position in Menon’s Leading Maritime Capitals of the World Report, the third edition of the maritime report where Singapore was also ranked first in 2015 and 2012. Singapore was ranked number one in...

April 28, 2017 No Responses

NPA reiterates determination to lift infrastructural development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the organization’s determination to lift the NPA in terms of infrastructural development and rehabilitation. Usman explained that issues concerning the Safety and Se...

April 26, 2017 No Responses

Cosco Shipping Ports’ profit down as volumes rise

China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended March 31, 2017 reach USD 45.2 million, slightly down from USD 48.3 million reported in the same period a year earlier. The terminal operator als...

April 24, 2017 No Responses

Daewoo Shipbuilding seeks court approval for debt rescheduling

After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) filed for a court approval for debt rescheduling on April 20, Yonhap News Agency said. An approval from the...

April 23, 2017 No Responses

Buhari congratulates NIMASA DG as IMO seeks increased participation of Africa in global shipping

President Muhammadu Buhari has congratulated the Director General of the Nigerian Maritime Administration and safety Agency (NIMASA) Dr. Dakuku Peterside over his election as the Chairman of the Association of African Maritime Administrations (AAMA). The Presi...

April 9, 2017 No Responses

NPA presents N233.7b expenditure for 2017

The Nigerian Ports Authority (NPA) has earmarked N233.7billion expenditure for the year 2017. Presenting the budget estimate to the House of Representative Committee on Ports, Habours & Waterways under the leadership of Hon. Patrick Asadu, Managing Directo...

April 9, 2017 No Responses

NPA Photo News

: Govenor of Borno State, Kashim Shettima (left), Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle), NPA’s General Manager incharge of Public Affairs, Effiong Etim Nduonofit at the handing over of relief materials for IDPs t...

April 6, 2017 No Responses

‘How criminal gangs use UK ports to defraud EU customs’

By Andrew Hosken (BBC) Systematic failures by UK customs officials have allowed criminal gangs to defraud the European Union of at least £2bn in just four years plus billions more in lost VAT, the EU anti-fraud office OLAF has claimed....

April 3, 2017 No Responses

BPE decries inadequate dredging of Calabar Seaport Channel

Worried by the inadequate dredging of the Calabar Seaport Channel several years after its terminal was handed over to concessionares, the Bureau of Public Enterprise (BPE) has pledged to “step in” and briefed the Federal Government adequately. According to...

April 3, 2017 No Responses

Report explains 22.4 per cent drop in terminal operators’ earnings

A report published in March by top global accounting and audit firm, Deloitte has revealed that Terminal Handling Charges (THC), which is the main revenue stream of terminal operators in Nigeria, declined by 22.4 per cent between 2006 and 2016...

April 3, 2017 No Responses

NIMASA to owners of abandoned ships: Remove or lose them

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned owners of abandoned Ships/Vessels to urgently remove same from the Nigerian territorial waters on or before 28th of April 2017 or risk sanctions ranging from forfeiture or removal by th...

March 31, 2017 No Responses

Critical role of environmental safety, security, by NPA boss

The Management of Nigerian Ports Authority, (NPA) has assured stakeholders in the Maritime sub- sector of its readiness to prioritize matters concerning Operational, Safety and Security with the view to providing necessary support in this regards across the na...