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Maritime

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,…
16 Sep 2015
FORMER Minister of Interior, Capt. Emmanuel Ihenacho has called for the review of Nigerian Maritime Administration and Safety Agency (NIMASA) enabling law.
16 Sep 2015
THE Shipping Association of Nigeria has identified policy summersault as one of the challenges confronting stakeholders in the maritime sector.
16 Sep 2015
CHINA COSCO Holdings Company Limited has placed an order for construction of eleven 19,000 TEU container ships worth $1.5. Billion.
8 Sep 2015
CMA CGM and Ocean three partners have harmonized operations as part of measures to adapt to the current market situation between Asia and Europe. They will offer a new optimised rotation.  According to the group, the new FAL 23 service will provide perfect answers to customers’ needs, including: Transit times amongst the best on the…

Latest

23 mins ago
Lagos State Governor, Mr. Babajide Sanwo-Olu, yesterday, said he had concluded plan for upward review of workers’ salaries by the end of the month.
31 mins ago
After years of loss-making operations, Nigerian National Petroleum Company Limited (NNPC), yesterday, said it made profit after tax of N674 billion in 2021.
36 mins ago
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) rose from a marathon meeting Tuesday night and resolved to investigate media reports on the allegation of bribery to its members.
46 mins ago
African governments must swiftly restore macroeconomic stability to stabilise their economies, the World Bank has advised. The Bank noted that the global headwinds are slowing growth as countries continue to contend with rising inflation, which is undermining the progress made on poverty reduction in recent years. It added that the risk of stagflation comes at…
1 hour ago
Yesterday’s meeting between the Board of Trustees (BoT) of Peoples Democratic Party (PDP) and Rivers State governor, Nyesom Wike, at Government House, Port Harcourt, ended in a deadlock.