Panama Canal Faces Severe Drought, As Ships Transit Drop 29%
The severe drought suffered by the Panama Canal has resulted in a sharp drop in transits for the Fiscal Year ended 30 September 2024.
The Panama Canal Authority (ACP) reported a…
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Shipping
NNPCL Expands Global Market To Japan, China With LNG Supply On Delivered Ex-Ship…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) said it has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis.…
DEBT RECOVERY: D-G NIMASA Urged To Unveil Names Of Companies Owing Govt
By Roland Ekama
A former National President,Nigeria Merchant Navy Officers and Water Transport Senior Staff Association (NMNOWTSSA) , Captain Thomas Kemewerigha has called on management…
Bellington Cargo Terminal Sensitize Stakeholders On New Export Procedures
As part of efforts to promote and encourage export trade, Bellington Cargo Terminal on Wednesday organise another stakeholders meeting to educate shippers, truckers and other stakeholders on…
EXPORT: ECU Unveils Ultra Modern Warehouse Located At Sifax ICT Ijora
By Roland Ekama
In readiness for the commencement of the LCL export service between SIFAX Shipping and ECU Worldwide, the company has unveiled an ultra modern warehouse located…
World Shipping Council Welcomes New Regulations On Lost Of Containers At Sea
The World Shipping Council welcomes new regulations from the International Maritime Organization (IMO) on reporting containers lost at sea.
Under recently adopted amendments to the…
Maersk Line Sees Red In Q4 2023 With $537 million Loses
Danish shipping giant , Maersk Line slumped to a fourth quarter loss and forecasts at best to breakeven in 2024.
Maersk reported a loss of $537 million at an EBIT level for Q4 2023 driven…
MOWCA: President Tinubu Rally Support For Adalikwu,
President Bola Tinubu has thrown his weight behind Dr. Paul Adalikwu, Secretary General, Maritime Organisation of West and Central Africa (MOWCA) with a fresh directive that the planned…
MOWCA Seeks Collaboration With Incoming IMO Scribe Dominguez
Dr. Paul Adalikwu, Secretary General of the Maritime Organisation of West and Central Africa (MOWCA) has met Mr. Arsenio A. Dominguez Velasco , the newly elected Secretary General of the…
MSC 212 Vessels, With Capacity Of 718,000 TEUs Are Over 20 Years Old – …
In its weekly report Alphaliner highlighted that 20% of containership fleet capacity, or just under 3 million teu, was now aged 20 years or more. There are around 1,200 containerships that…