Shipping – Page 7 – City Business News

June 26, 2022 No Responses

Saraki Restates Ministry’s Commitment To Disburse $350m CVFF To Shipowners

The Minister of State for Transport, Senator Gbemi Saraki, has reiterated the Ministry’s commitment to disburse the Cabotage Vessel Financing Fund (CVFF) to indigenous shipping community.According to Saraki, the Ministry will work with the National Assembly for the disbursement of the...

June 1, 2022 No Responses

NDLEA Warns Shipping Lines Against Illicit Drug Deals

The National Drug Law Enforcement Agency ( NDLEA) on Tuesday warned shipping lines and agents against illicit drug deals and peddling. The NDLEA Special Area Commander, Mr Ameh Inalegwu, gave the warning during an anti-drug constructive engagement w...

May 29, 2022 No Responses

LNG Bunkering: CMA CGM Conducts First Operation In Spain

French shipping major, CMA CGM has carried out its first Liquefied Natural Gas (LNG) bunkering operation in Spain together with energy companies Enagás and Repsol. According to World Maritime News, it was the first pipe-to-ship LNG bunkering operation o...

May 12, 2022 No Responses

Experts Urge Stakeholders To Harness Maritime Potential For Economic Growth

Experts on Thursday urged stakeholders in maritime sector to harness its full potential to achieve the desired economic growth for the country. The experts said this at a virtual forum of the Nigeria Bar Association Section on Business Law (NBA-SBL...

May 10, 2022 No Responses

Maersk Supply Service To Recycle Three Vessels

Denmark-headquartered Maersk Supply Service, a provider of offshore marine services and integrated solutions for the energy sector, has arranged to recycle three of its vessels at a yard in Grenaa, as part of its strategy to optimise its fleet portfolio...

May 7, 2022 No Responses

France LNG Shipping Secures LNGC Charter Deal With EDF

French ship-owning company, France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. According to World Maritime News, South Korean shipyard, Hyundai Samho...

April 5, 2022 No Responses

Zero-Emission Shipping Mission Publishes Industry Roadmap

Zero-Emission Shipping Mission, which aims to accelerate international public-private collaboration to scale and deploy new green maritime solutions, has published the Industry Roadmap as a step closer to achieving its goal. The newly-published Industry Roadma...

March 16, 2022 No Responses

Jime: We Don’t Want Apapa Gridlock Replicated In Lekki

The Executive Secretary, Nigerian Shippers’Council (NSC), Mr Emmanuel Jime, on Tuesday said that the council does not want a replication of Apapa gridlock at the Lekki Freeport Terminal. Jime made the assertion in Lagos when a delegation from the ...

March 5, 2022 No Responses

Shippers’ Council Visits CMA CGM, Implores Shipping Lines On Desk Officers

The Nigerian Shippers’ Council (NSC) has urged shipping companies to appoint desk officers to enable smooth interface between both parties The Executive Secretary and Chief Executive Officer of NSC, Mr Emmanuel Jime, made the call in a statement issued...

February 17, 2022 No Responses

Shippers’ Council To APM Terminals: Tie Tariffs To Services Rendered

The Nigerian Shippers Council (NSC) on Wednesday urged Mr Klaus Laursen, Country Manager, APM Terminals, to ensure that tariffs are tied to services rendered. The Executive Secretary, NSC, Mr Emmanuel Jime, gave the advice when he paid a courtesy visit.....

February 17, 2022 No Responses

NLNG Refutes Report On Alleged Illegal Shipment Of Oil, Demands Apology

The management of Nigeria Liquefied Natural Gas (NLNG) has described as false and malicious report of alleged illegal shipment of over $1billion oil to the United States and South American Countries. According to NLNG, the report published Febr...

January 19, 2022 No Responses

Price Fixing: 23 Shipping Firms To Pay $81m Fine

The antitrust regulator in South Korea has sanctioned 23 domestic and foreign container shipping companies for fixing maritime freight rates. On 18 January 2022, the Fair-Trade Commission (KFTC) said it has imposed a fine of KRW 96.2 billion (about $80.7...

January 16, 2022 No Responses

EU Blocks Hyundai, Daewoo Shipping Merger

The European Commission has adopted a decision to prohibit a mega-merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME). The merger between the two So...

January 15, 2022 No Responses

Again, Singapore Is World’s Leading Maritime City

Singapore has retained the number one spot in the Leading Maritime Cities (LMC) report conducted by Norwegian classification society DNV and Norwegian consultancy Menon Economics AS. The 2022 edition of the LMC report was launched on 13 Ja...