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Maritime

24 Feb 2015
THE CMA CGM Group has inaugurated a new logistics platform in Douala, Cameroon. According to the company, the 3CTC platform, concessioned for 25 years has been operational since January 7th, 2015. The terminal is located in a strategic area between Douala and the port, where it occupies two hectares. A statement issued by the company…
Container-Tanker-25-2-15
24 Feb 2015
SHIPPING is a cash-driven business, and the combination of large, frequent and often short-notice receipts and payments does not sit well with private equity firms when considering cash management. According to international shipping experts, Moore Stephens, over the last two decades, the industry has moved from one populated by owner-managed businesses with cash payments authorised…
24 Feb 2015
THE new leftist Greek government has rejected suggestions it was relenting on ending privatisation of state assets and said it would stick with plans to stop the sale of  Piraeus and Thessaloniki to Cosco Pacific, the front running bidder. Prime Minister Alexis Tsipras’s new leftist government has sought to cancel key terms of Athens’ bailout…
Abdullahi-
17 Feb 2015
THE Nigerian Ports Authority (NPA) is to assist in the training of Tug Masters for Nigerian Navy after concluding all required consultations. Speaking in Lagos when the Flagg Officer commanding Western Naval Command, Rear Admiral Jonathan  Ango, paid him a courtesy visit, the Managing Director of NPA, Habib Abdullahi also pledged to partner with the…
17 Feb 2015
THE International Chamber of Shipping (ICS) has warned that a low sulphur fuel cap is “very likely” to be imposed in 2020 globally, five years before it is expected. Meanwhile, INTERTANKO has welcomed the recent European Maritime Safety Agency (EMSA) Sulphur Inspection Guidance, supporting the implementation of Council Directive 1999/32/EC (The EU Sulphur Directive). EMSA’s…
Turaki-18-2-15
17 Feb 2015
BETWEEN January and December 2014, the Federal Operations Units (FOU) of Nigeria Customs Service (NCS), zone ‘A’ Ikeja, impounded 674 used vehicles and 105,810 bags of rice. Giving a breakdown of its 2014 performance on Monday, the unit disclosed that out of the 674 impounded used vehicles, 95 were ‘scraps’ valued at N346.2 million with…
Sekimizu-28-1-15--
17 Feb 2015
Okays new training requirement for seafarers CITING reported rescue of more than 2000 migrants from the Mediterranean sea and several hundred who lost their lives, the International Maritime Organization (IMO) Secretary-General Koji Sekimizu has called for more concerted action to address the issue of criminals who organize illegal and unregulated sea passage by migrants.   …
17 Feb 2015
CHINA COSCO Holdings Company Limited has disassembled eight vessels from its aged fleet, the group said in a filing to the Hong Kong stock exchange. The scrapped vessels include eight container ships (Hutuo He, Xinhui He, Zhaoqing He, Yangjiang He and Yongding He) and three bulk carriers (Peng Jie, Peng Nian and Peng Cai) that…
Idris-Umar-11-2-15
10 Feb 2015
NOT less than twenty local and foreign investors have indicated interest in the proposed Akwa Ibom Deep Seaport. Already, the ministerial project development and steering committee   has submitted a copy of the final Outline Business Case (OBC) to the Federal Ministry of Transport and the Nigerian Ports Authority (NPA). Members of the committee comprise officials…
10 Feb 2015
AN anti-corruption inspection team raised by the central government of China has alleged corruption in the state run shipbuilding conglomerate, China State Shipbuilding Corporation (CSSC). According to the central government, corruption search light which commenced in November, 2013, is on 13 state-run groups including China State Shipbuilding Corporation, the China Shipping Group and oil giant…
10 Feb 2015
THE Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone C Owerri, has arrested 18 alleged smugglers and impounded 36 vehicles. According to the Area Controller of the unit, Dimka Victor David, the impounded vehicles are 13 cars, 14 Sports Utility Vehicles (SUV), five trucks and four buses. He said the seizures were made…
Sekimizu-28-1-15--
10 Feb 2015
ANALYSTS from IHS Maritime & Trade have predicted continued increases in fatal accidents in both the shipping and passenger sectors largely as a result of continued expansion of the global commercial shipping fleet. Last year, there were 1,639 maritime casualty incidents reported, up 10 per cent from the 1,489 incidents reported in 2013.  IHS estimates…

Latest

44 mins ago
A 25-year-old man appeared in court on Thursday after being charged with the murder of British MP David Amess, who was stabbed to death last week in what lawyers said was an attack with a "terrorist connection". Ali Harbi Ali, who was arrested at the scene of the killing in Leigh-on-Sea, east of London, last…
48 mins ago
Danbatta sees huge role for the media in conflict resolution From January to August, 2021, about 34 million calls were made by Nigerians, who were seeking succor during emergencies or under any circumstance posing security issue and unrest within their communities. These emergency calls were made using the 122 Emergency Number. The calls were processed…
57 mins ago
R&B singer R. Kelly has been placed on suicide watch following his conviction for sex trafficking charges in New York. The 54-year old singer's attorney Steve Greenburg revealed this at the first court hearing since a jury found Kelly guilty three weeks ago. Greenburg told a federal judge in Chicago that R. Kelly had been…
1 hour ago
Antigua and Barbuda prime minister Gaston Browne said the authorities will arrest a Nigerian couple who are thought to be fleeing to the country after pulling off a N22billion fraud in Nigeria. Antigua Observer reported that Browne spoke in response to claims that the Nigerian couple Bamise and Elizabeth Ajetunmobi had obtained citizenship from Antigua…
1 hour ago
Hundreds of secondary school pupils demonstrated outside the Democratic Republic of Congo's parliament on Thursday, calling for lessons to resume three weeks into a teachers' strike. "We want to study," the children chanted as they stormed up the steps and into the debating chamber. Videos shared by journalists on social media showed them being met…