Maritime

Philippines-based port management company International Container Terminal Services (ICTSI) has increased its 2018 profit on the back of a six percent increase in TEU volume and inclusion of new terminals. Consolidated volume for 2018 rose to 9,736,621 TEUs, compared to 9,153,458 TEUs in 2017, the company said in its 2018 …

Nigerian Ports Authority (NPA) says it has commenced clean-up operations of Port Channel Oil spill at Onne Federal Ocean Terminal (FOT). The water channel clean-up is the first of such project being executed by the personnel of Environment Department of the Authority. NPA Spokesman, Jatto Adams, said in a statement …

The big stick wielded by the high command of the Nigeria Customs Service (NCS) over the unwholesome practice of ‘third-party’ clearance by freight forwarders has started to take its toll on clearance procedures as over 5,000 containers caught in the web of this practice are presently trapped at the ports. …

THE Terminal `B’, Warri Old Port, would not only reinvigorate the maritime sector but would also boost cargo operations in the Southeast. The Federal Government on Tuesday, concessioned the Terminal `B’ of Warri Old Port to SIFAX Group-led Consortium, Ocean and Cargo Terminal Services Ltd. Ocean and Cargo Terminal Services …

The Petroleum and Natural Gas Senior Staff Association of Nigeria, (PENGASSAN) has expressed its opposition to the current operating model for the nation’s refineries. PENGASSAN, in a statement on Monday, described the model as unsustainable, calling for the adoption of Nigeria LNG Limited’s business model “after the refineries must have …

THE Nigerian Maritime Administration and Safety Agency, (NIMASA) Director General MR. Dakuku Peterside, yesterday, said Nigeria has so far ratified 40 conventions of the International Maritime Organization, IMO, and International Labour Organization, ILO, on maritime safety, maritime labour and marine environment management. But he also said that the non-implementation and …

The Nigerian Ports Authority (NPA) on Friday said it was expecting 27 ships to sail into Apapa and Tin Can Ports with petroleum products, food and other goods, from Jan. 18 to Feb. 2. Two of the ships will sail in with petrol, and another two with diesel and aviation …

According to a statement by the top container carrier, “We have recently implemented a Physical Container Inspection Pilot within North America. We are currently performing inspections for import and export cargo into the ports of Newark Berth 88, Houston Bayport, Miami Pomtoc and New Orleans Ceres terminals.” The checks will …

The Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers, will slash their crude output by 1.195 million barrels per day (bpd) to 43.874 million bpd in the first half of 2019. The world’s oil cartel said Friday that this is part of its production-cutting deal and …

The member container lines of the Ocean Alliance have extended their cooperation until 2027. The alliance comprising CMA CGM, Cosco, OOCL and Evergreen was launched in 2017 for an initial period of five years with an option for a five-year renewal, but the partner lines have opted to extend to …