MSC takes delivery of World’s Largest Box Ship
The world’s largest container shipping line, MSC, has taken delivery of the new world’s largest box ship, in terms of capacity, the 24,346 teu scrubber-fitted MSC Irina, according to The…
CMA CGM Eyes Booming Car Carrier Market
The Loadstar is reporting that French container carrier CMA CGM, already spreading its wings by entering the air cargo and logistics markets, is looking to charter four vessels, in an attempt…
Crew Assaulted by Armed Boarders in Apparent Drug Smuggling Incident
Belgian prosecutors are confirming that they are investigating an armed assault that took place aboard a bulker arriving in port last week, according to The Maritime Executive (TME). Details are…
FEC Approves Cargo Tracking Note for Nigerian Port Operations
The Federal Executive Council yesterday approved the Electronic Cargo Tracking System for use in all Nigerian commercial ports as a device to monitor vessel movements and curtail oil theft. The Minister of…
Maersk Joins Shipping Companies Recruiting African Cadets
Africa, with its relatively young demographic and rapidly developing economies, is emerging as a new source of personnel for the maritime industry, according to The Maritime Executive. In an announcement…
U.S. Navy Releases First Photos of Chinese Spy Balloon’s Debris
The U.S. Navy has released the first photos of debris from the Chinese spy balloon that was shot down off the coast of South Carolina over the weekend, according to…
US Agency Orders MSC to Justify Fees as Reform Act Enforcement Increases
The U.S.’s Federal Maritime Commission continues to put bite into the Shipping Reform Act passed in 2022 which sought to crack down on the fees and unreasonable business practices of…
Exercise Obangame Express 2023 Kick-off: Nigeria, US, other Navies Mobilize armaments
Nigeria’s Chief of Naval Staff, Vice Admiral Auwal Gambo, yesterday at the Naval Dock Yard in Lagos, kicked off Exercise Obangame 2023 (OE23) with the US Navy leading 450 participants…
NIMASA Directs Zenith Bank, 4 Others to Release CVFF Modalities
The Nigerian Maritime Administration and Safety Agency (NIMASA) has directed the five Primary Lending Institutions (PLIs) chosen for the disbursement of the Cabotage Vessels Finance Fund (CVFF) to release modalities…
FG To Eliminate Double Taxation of Jetty Operators
Transportation Minister, Mu’azu Jaji Sambo, has disclosed the readiness of the Federal Government to eliminate double taxation and harmonise taxes paid by jetty operators in furtherance of the Ease-of-Doing-Business policy in the country. He said this…