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Maritime

16 Oct 2015
THE China COSCO Holdings Company Limited has placed an order for construction of eleven 19,000 TEU (Twenty foot Equivalent Unit) container ships at compatriot shipbuilders worth a total of $ 1.5. billion.
7 Oct 2015
THE Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), Zone ‘A’ Ikeja has impounded a truck carrying five thousand and twenty (5,020) cartons of smuggled frozen poultry products along Sagamu-Ijebu Ode Expressway.
7 Oct 2015
THE Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy have resolved to deepen their collaboration with the aim of providing a safe and secured maritime environment for shipping activities.
7 Oct 2015
THE Executive Secretary of Nigerian Shippers Council (NSC), Hassan Bello, has advised relevant agencies in Nigeria to put in place comfortable business environment as part of measures to attract and ensure a vibrant sea trade.
30 Sep 2015
MORE than half of the fuel savings generated from larger ships were due to design changes for slowespeeds, the Organisation for Economic Co-operation and Development (OECD) has said. The group suggested that fuel savings among mega-boxships come more from slow-steaming and less from its larger vessel size. According to d Vancouver’s Ship & Bunker, the…
30 Sep 2015
THE Standard Organisation of Nigeria (SON) in collaboration with stakeholders in the maritime sector has initiated fresh step aimed at curtailing importation of substandard products into the country. According to SON, the step involves use of e-platform and integration of its services and certificates into the Nigeria Integrated Customs Information System (NICIS). Besides, the agency…
29 Sep 2015
A Norwegian-flagged ship that was held in Kenya for more than a week over undeclared weapons belonging to the United Nations has been released, the owners of the vessel said. Kenyan authorities boarded the ship at the port of Mombasa on Sept. 17 and uncovered undeclared weapons in a U.N. shipment destined for peacekeepers in…
23 Sep 2015
MAERSK unit, APM Terminals' (APMT) is to build a new $400 million container terminal at Petkim port on Turkey's western shore that will handle general cargo as well.
23 Sep 2015
THE Federal Government should explore the possibilities of using waterways as alternative to evacuating cargoe from seaports, the Nigerian Association of Master Mariners (NAMM) has said.
22 Sep 2015
THE International Maritime Organization (IMO) has cautioned ship masters of the possible dangers associated with carriage of bauxite.IMO explained that the development is based on investigation over the loss of the 10-year-old Bahamas flag bulk carrier, Bulk Jupiter that carried 46,400 tonnes of bauxite when it sank rapidly with 18 fatalities in January 2015.
22 Sep 2015
TO successfully implement 6am to 9pm restriction order placed on truck drivers operating within Lagos metropolis, Terminal Operators have appealed to the State Government to grant a three-year moratorium.
21 Sep 2015
SOVERIGN Trust Insurance Plc has announced a gross premium income of N7.2 billion for the year ended December 31, 2014, showing a decline of 16 per cent over the pervious year of N8.6 billion. The Chairman of the company, Chief Ephraim Faloughi, addressing shareholders at the 20th yearly general meeting of the company in Lagos,…

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