Shipping Archives — City Business News

July 22, 2024 No Responses

Single Window: Shippers Council Seeks Stakeholders Collaboration

The Nigerian Shippers Council (NSC) has expressed its support for the National Single Window (NSW) Steering Committee as part of measures to promote effective operationalization of the platform. The Executive Secretary/Chief Executive Officer of NSC, Pius Akutah, stated this when...

July 22, 2024 No Responses

ECU Partners SIFAX Shipping On Global Market Access

ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and a leader in LCL consolidation, has partnered with SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, to introduce LCL consolidation services to exporters especially Small and ...

July 3, 2024 No Responses

At TAAM Conference, Experts Outline Blueprint For Sustainable Shipping

As Nigeria continues to harness the potential of its maritime sector, experts have advocated for sustainable practices to ensure the long-term health and productivity of its blue economy.According to various experts who spoke at the sixth edition of the Taiwo....

June 18, 2024 No Responses

Shipping Firm Budgets $37.1m To Fund Green Transition

Finland-based shipping company ESL Shipping has completed the sale of two Supramax vessels to support its journey towards green shipping. The vessels, Arkadia and Kumpula, were sold to companies belonging to the Turkish shipping and logistics group HGF Denizci...

June 16, 2024 No Responses

SIFAX Shipping Partners ECU Worldwide to Boost LCL Export

SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, has sealed a partnership deal with ECU Worldwide, the world’s number one LCL player, to boost export activities from Nigeria.A statement issued at the weekend explained that Less-than-Container Loa...

April 7, 2024 No Responses

UK Backs Creation Of Green International Shipping Routes

The UK government has revealed it will launch the bidding process for the £1.5 million ($1.9 million) funding aimed at establishing zero-emission shipping routes to and from the UK. The latest round of the Clean Maritime Demonstration Competition (...

February 28, 2024 No Responses

Shipping Giants Extend OCEAN Alliance Deal

CMA CGM, COSCO SHIPPING, Evergreen and Orient Overseas Container Line (OOCL), the founding members of the world’s largest shipping network, have signed a Memorandum of Understanding (MoU) in Shanghai to extend the OCEAN Alliance operational coopera...

February 4, 2024 No Responses

Firm Secures Contract For LNG Carriers Repairs, Upgrades

Singapore’s Seatrium, previously known as Sembcorp Marine, has secured a favored customer contract (FCC) with Greek shipping company, TMS Cardiff Gas for the repairs and upgrades of LNG carriers. According to Seatrium, the partnership will focus on achieving...

January 22, 2024 No Responses

Photo News

January 22, 2024 No Responses

Shippers’ Council Boss Visits NIMASA

The Management of the Nigerian Shippers’ Council, led by the Executive Secretary, Barrister Akuta Pius Ukeyima paid a working visit to the Nigerian Maritime Administration and Safety Agency, NIMASA. The Director General of NIMASA, Dr. Bashir Jamoh OFR, in hi...

January 19, 2024 No Responses

Shippers Council Boss Lauds Ports & Cargo On Investment, Dedication

The newly appointed Executive Secretary/CEO, Nigerian Shippers Council, Mr. Pius Ukeyima Akutah (MON)has expressed satisfaction over the impact Ports & Cargo Handling Services Limited, the flagship company and subsidiary of SIFAX Group has had on...

January 10, 2024 No Responses

Firm Gets $716m Contract For 15 Petrochemical Carriers

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured $716 million contract for fifteen petrochemical product carriers. According to the shipbuilder company, the units will be constructed at Hyundai Mipo Dockya...

January 5, 2024 No Responses

LNG Firm Seals Charter Deals

UK-based small-scale LNG company, Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Under the arrangement, Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter...

December 28, 2023 No Responses

China Maintains Lead In Global Shipbuilding

China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023, capturing over 50 percent of the world market. New orders followed suit, witnessing an impressive 63.8 percent YoY increas...