Shipping Archives — Page 8 of 15

December 13, 2021 No Responses

Chevron Shipping commits To Emissions Reporting

Chevron Shipping Company, a California-based marine transportation unit of oil giant Chevron, has joined the Sea Cargo Charter, a global framework that establishes a common baseline for global traders to report on CO2 emission reductions of their shipping activities. Specifically, the...

October 30, 2021 No Responses

Shippers To Improve Shipping Activities At Onne, Warri Ports

The Shipping Trade Practitioners Association of Nigeria (STPAON) has pledged to boost shipping activities at Cross River, Rivers, and Delta states, popularly known as the Eastern ports. The shipping ports are in Calabar, Onne and Warri, of the three respe...

October 22, 2021 No Responses

Freight Forwarders Threaten Strike Over Alleged Extortion By Shipping Firms

Freight forwarders in Nigeria have issued a threat to the down tool from the nation’s seaports in the next two weeks due to alleged extortion and high-handedness by shipping companies. The National Association of Government Approved Freight Forwarders (NA...

October 13, 2021 No Responses

Jime Inaugurates Committee To Tackle High Shipping Cost In Africa

The Executive Secretary and Chief Executive Officer, Nigerian Shippers Council (NSC), Emmanuel Jime, has inaugurated a committee of experts to help tackle high shipping cost within the Africa sub-region. Jime inaugurated the committee at the&...

October 7, 2021 No Responses

Reps Summon NNPC GMD Over Award Of Shipping Contract To Foreigner

The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over the alleged award of a coastal shipping contract to a foreign company. Legor Idagbor, the Chairman, House&nbsp...

September 16, 2021 No Responses

Maersk Acquires Portuguese Logistics Firm

Danish shipping giant A.P. Moller – Maersk has acquired HUUB, a Portuguese cloud-based logistics startup. World Maritime News reports on Wednesday that this is the company’s third acquisition this year within E-commerce logistics and it comes thr...

August 30, 2021 No Responses

‘Piracy Decline To End War Risk Insurance, Reduce Shipping Cost‘

The Nigerian Maritime Administration and Safety Agency (NIMASA), says sustained reduction in reported cases of maritime crimes in Nigerian waters, will end regime of War Risk Insurance premium on Nigeria-bound cargoes. The Director Gene...

July 14, 2021 No Responses

Shipping Firms To Tackle Oil Transfers At Sea

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.Washington ...

July 4, 2021 No Responses

NIMASA Introduces New Certificates Of Ship Registration

The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced the issuance of new certificates of ship registration while simultaneously phasing out the old permits. A statement issued by Assistant Director, Edward Osagie explained ...

July 1, 2021 No Responses

Crewing Costs Rise Due To Vaccination Delays

Crewing costs are rising and crew shortages are beginning to be seen due to COVID-19 travel restrictions and vaccination delays, warns crewing agency Danica Crewing Services. “Not unexpectedly … when there is a shortage the cost goes up and we...

June 28, 2021 No Responses

Firm Extends Charter Period With COSCO For 17 Ships

Hong Kong-based containership owner Seaspan Corporation has forward fixed contracts, extending current lease terms for 17 containerships with China’s COSCO Shipping Line. The vessels were initially scheduled to conclude current charters with COSCO for a...

June 5, 2021 No Responses

US Bans Investment In China’s Shipbuilders

The Biden administration has banned U.S. investments in Chinese companies allegedly linked to China’s military, expanding hard-line policies introduced by the previous administration. The executive order bans American citizens from investing in some of...

May 19, 2021 No Responses

Shipping Firms Unveil New Agenda To Curb Piracy In Gulf Of Guinea

After more than 95% of sea kidnappings happened in the Gulf of Guinea in 2020, almost 100 shipping companies, organizations, and flag states have signed a new declaration calling for and to piracy in the Gulf of Guinea. The violence,...

May 13, 2021 No Responses

Egypt To Expand Suez Canal

Abdel Fattah al-Sisi, Egyptian President has approved the widening and deepening of the southern part of the Suez Canal, after the 20,000TEU container vessel Ever Given crippled the critical maritime artery recently. With a length of 400 meters and a...