APM Terminals places order for 16 new RTGs
Apapa expansion gulps $330m in nine years THE management of APM Terminals has placed order for 16 new advanced Rubber-Tire Gantry cranes (RTGs) as part of ongoing expansion scheme in Apapa, Nigeria and Algeciras, Spain. According to the company, the new 16-wheeled RTGs, to be manufactured by Konecranes, will offer a lifting capacity of 41…
‘Shipping must remain energy-efficient despite low price’
SHIP efficiency remains just as relevant and important in a bearish oil market as it does when ship owners have to pay over $600 for a tonne of Heavy Fuel Oil. The Chief Financial Officer of Ecoships, Hakan Ozcan, said : “With crude oil prices at their lowest since April 2009, the temptation is to…
‘NIMAREX 2015 to focus on trade, funding’
THE Planning Committee of the 2015 Nigerian Maritime Expo (NIMAREX) said at the weekend that the event would focus on trade promotion and on issues that would impact on industry operators. Its Chairman, Ayorinde Adedoyin, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos. He said though the event might…
Climate change: Govt moves to reduce emission from ships
THE Nigerian government has called on the Nigerian shipping community to ensure a reduction of emission from ship, saying the entire world was facing severe threats orchestrated by climatic change.
Community demands N300m compensation from Chevron over dredging
THREE months after the Federal Government's amnesty package was introduced to stem hostility and kidnapping in the Niger Delta region, another episode of restiveness capable of truncating the prevailing normalcy in the oil-rich area may be brewing.