Shipping – Page 9 – City Business News

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...

May 4, 2021 No Responses

LNG Cargoes Diverted As COVID-19 Crisis Dampens Demand

Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases hamper domestic gas demand, trade and shipping sources said on Monday.Six LNG tankers diverted away from India since April 20, changing the destinati...

May 1, 2021 No Responses

CMA CGM Seals Order For 22 Containership

French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history. The orders are spread across three Chinese shipbuilders, Jia...

April 24, 2021 No Responses

Shippers’ Council Implores Port Health Services On NPPM Implementation

The Nigerian Shippers Council (NSC) has urged Port Health Services to ensure timing in port clearance and implement the Nigerian Ports Process Manual (NPPM ) as part of measures to ensure port system efficiency in the country. NSC’s Executive Sec...

April 12, 2021 No Responses

CMA CGM Unveils 1st Low-Carbon Shipping Offer Based On Biomethane

French shipping and logistics giant CMA CGM is launching the first low-carbon shipping offer based on biomethane that supports the group vision to become carbon-neutral by 2050. As from May 2021, the CMA CGM’s customers will be able to select biom...

April 7, 2021 No Responses

Two Tankers Run Aground In Suez Canal

Two tankers ran aground in the Suez Canal this morning, GAC Egypt informed. One is reported to have been successfully refloated while work is continuing to refloat the second. “As per information received, a 107,505 DWT ballast oil tanker ship...

March 16, 2021 No Responses

Denmark Joins Nigeria, Other Sponsors Of $5b Research Fund To Decarbonize Shipping

Denmark has joined as a co-sponsor of the proposal to create a $5 billion International Maritime Research and Development Board (IMRB). The proposal was submitted to International Maritime Organisation (IMO) on the 10th of March 2021 by Geo...

March 4, 2021 No Responses

Shippers’ Council Mourns Justice Kafarati

The Board, Management and Staff of Nigerian Shippers’ Council, (NSC) have expressed sadness over the sudden passing of the former Chief Judge of the Federal High Court, Hon. Justice Abdul Kafarati. The Executive Secretary, NSC, Mr Hassan Bello, in a...

February 17, 2021 No Responses

APM Terminals Apapa Lifts Operation With Four New RTG Cranes

APM Terminals Apapa, Nigeria has boosted its operation with the delivery of additional four Rubber Tyred Ganrty (RTG) cranes. Chief Operating Officer of APM Terminals, Apapa, Mr Steen Knudsen, explained onn Tuesday that it was part of a lar...

February 13, 2021 No Responses

Maersk CEO: Global Shipping Turmoil Expected To Calm Down By Mid-Year

The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, disappointing investors but signaling eventual relief for cargo shippers.A.P. Moller-Ma...

February 9, 2021 No Responses

Maersk Appoints Vikash Agarwal MD For South Asia

Integrated container logistics firm Maersk has appointed Vikash Agarwal as its new Managing Director for South Asia, according to a company release on Monday.Agarwal, who moves to Maersk from CEVA Logistics, will join the com...

February 5, 2021 No Responses

Total Joins Clamour For Zero Carbon Shipping

French energy major Total has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a strategic partner as the company accelerates its R&D program for carbon-neutral shipping solutions. Based in Copenhagen, the research and development cen...

February 4, 2021 No Responses

Majority Of World’s Seaports Still Don’t Use Digital Tech

The majority of the world’s 4,900 ports are not yet using digital technology for even the most basic processes, Innovez One, a Singapore-based provider of smart-tech and AI solutions for the maritime sector, has said. As explained, 80 per cent...