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Wednesday, June 19, 2019

Nigeria News

Image: APM Terminals

APM Terminals Boosts Nigerian Agri-Export

The West Africa Container Terminal (WACT) has invested in a new container freight station (CFS) at the Port of Onne, Nigeria.The 1,520m2 facility - the first of its kind in East Nigeria - provides Nigerian farmers with an opportunity to grow their business by exporting goods such as cashew nuts and sesame seeds.While the country has long been associated with the oil industry, it is estimated that more than 22% of the country's GDP is generated from agriculture. "A government drive to encourage exports…

(File photo; Sea Trucks Group)

Compliant & Efficient Solutions for Telford Offshore

In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower requirements and associated mobilization and HR services, WRS undertook responsibility for two DP3 accommodation vessels and one DP2 multipurpose support vessels (MPSV), working in the offshore oil and gas industry in Brazil, Mexico and Nigeria.A combination of factors created challenges to the success of these projects…

(Photo: Topaz Energy & Marine)

Overcoming Local Crew Challenges

Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017, Topaz awarded Worldwide Recruitment Solutions (WRS) a contract as sole provider of managed services, which saw the UK based workforce solutions provider undertake crew management responsibilities for five vessels, all Topaz owned and operated…

Basra Gateway Terminal. Photo: ICTSI

ICTSI Net Income Up 22% in 2018

Manila-head quartered port and terminal operator International Container Terminal Services (ICTSI) has released solid results for 2018. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.The port operator said in a stock exchange annoucement that its consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs) and revenue from port operations increased 11 percent to US$1.4 billion (FY2017…

Dakuku Adol Peterside. Photo: NIMASA

Nigeria: No More Vessel Waivers

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Sunday said it had commenced clampdown on vessels that do not comply with the provisions of the Cabotage Compliance Strategy introduced last year to ease the implementation of the Cabotage Act 2003 in Nigeria.The Director-General of NIMASA, Dr Dakuku Peterside, said in a statement on Sunday in Lagos that the clampdown became necessary after several warnings.He has said the Agency will no longer encourage the application of any form of waivers under the Cabotage Act…

Photo: Boreas Maritime

Boreas Maritime Moves HQ

Boreas Maritime, a full-service crewing agency based in the Netherlands, moved its headquarters into a new, own building in Arkel, the Netherlands. Since the company’s start-up in 2017, Boreas Maritime has experienced rapid growth, with offices in the Netherlands, Singapore, Indonesia, India, Nigeria and the UAE. The new office location offers larger premises to accommodate the growing team, as well as better accessibility for visiting customers.The new Dutch headquarters not only houses the current team, but also offers room for future expansion.

 R-L: Head, Corporate Communications, Nigerian Maritime Administration and Safety Agency (NIMASA) Mr. Isichei Osamgbi, Executive Director, Finance and Administration, NIMASA, Mr. Bashir Jamoh, Head, Planning Research and Data Management Services, NIMASA, Mrs. Moronke Thomas and Coordinator, Central Zone, NIMASA, Engr. Femowei Abel  during the Independent Newspapers Awards 2018, held in Lagos. Photo by Nigerian Maritime Administration and Safety Agency (NIMASA).

NIMASA Redoubles Efforts to Refocus Nigerian Maritime

The Nigerian Maritime Administration and Safety Agency (NIMASA) says it would intensify its efforts to reposition the maritime industry in Nigeria, as the agency moves to become a leading maritime administration in Africa.The Director-General of NIMASA, Dr. Dakuku Peterside, stated this last week in Lagos during the Independent Newspapers Awards 2018, where the agency bagged the Federal Agency of the Year Award. Dakuku said: “We are spurred by this award and we appreciate the fact that our efforts to revitalise the maritime sector through our medium term strategy plan are yielding results.

Pic:  International Maritime Bureau’s (IMB)

Global Piracy Up in 2018, Gulf of Guinea Leads

Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals.Worldwide, the IMB Piracy Reporting Centre (PRC) recorded 201 incidents of maritime piracy and armed robbery in 2018, up from 180 in 2017.The Gulf of Guinea remains increasingly dangerous for seafarers. Reports of attacks in waters between the Ivory Coast and the Democratic Republic of Congo more than doubled in 2018…

Former, Head of State, General Abdulsalami Abubakar flanked by Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside (Right) and Minister of Transportation, Rt. Hon. Rotimi Amaechi. Photo provided by NIMASA

Nigerian Government Repositions NIMASA

The Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha has said that the Federal Government has successfully worked hard through the Nigerian Maritime Administration and Safety Agency (NIMASA) to reposition the Nigerian maritime industry for the nation’s economic growth.Mustapha said such development had also made the maritime sector a new attraction for investors.The SGF pointed out the nation was beginning to see another opportunity through which it could harness its vast resources.Mustapha…

Richard Greiner (Photo: Moore Stephens)

Moore Stephens: Leaner, Greener Shipping Will Attract Investment in 2019

Accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 if it fulfills its ESG (environmental, social and governance) responsibilities.In the latest issue of Bottom Line, the Moore Stephens shipping sector newsletter, Richard Greiner, a partner in the firm’s Shipping & Transport team, says, “It has been suggested that the future is very much like the present, only longer. Should that prove to be the case for the shipping industry…

Pic: Nigerian Ports Authority

Nigerian Ports Authority Calls for Eradicating Port Congestion

The Managing Director of Nigerian Ports Authority, Hadiza Bala Usman, has called on terminal operators, shipping companies, port managers and allied stakeholders to do all they could to eradicate or at best mitigate the effects of the present congestion at the nation’s seaports.According to the Managing Director, the issue of ports congestion should be of concern to all and therefore they should look into the issue of evacuation of empty containers, increase in free days of storage…

International Container Terminal Services, Inc.

ICTSI Appoints Andrew Dawes as Asia-Pacific Head

Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez, who has been named Global Corporate Head.Dawes will be directly responsible for the management and development of ICTSI’s Asia Pacific portfolio outside of the Philippines.With over 20 years in the port industry, Mr. Dawes has significant experience from senior roles in multinational port management companies in Europe, the Middle East, Africa and the Americas.

Photo: ATB Riva Calzoni

Record Cargo Project Loaded in Port of Venice

Two hydrocracking reactors made by ATB Riva Calzoni have sailed on board the BigLift company’s Happy Star ship, with their destination the first private Nigerian refinery owned by Dangote Refining Ltd.The high-pressure units were made both at Roncadelle, in the province of Brescia, which is the headquarters of the Lombardy company, and Marghera, in the assembly workshops owned by ATB Riva Calzoni, just a few meters from the outbound terminal. Each of the two components (pressure vessels)…

© alexyz3d / Adobe Stock

Oil Could Rise to $100 by 2019

Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran bite, commodity merchants Trafigura and Mercuria said on Monday at the Asia Pacific Petroleum Conference (APPEC) in Singapore.Almost 2 million barrels per day (bpd) of crude could be taken out of the market as a result of the U.S. sanctions against Iran by the end of the fourth quarter this year, said Daniel Jaeggi, president of commodity merchant Mercuria Energy Trading…

Image: International Maritime Organization (IMO)

Focus on African Ports and Hinterland Connectivity

When a ship comes into port it may be the end of a voyage, but just the beginning of a range of administrative tasks that need to be completed.The port is unlikely to be the final destination for the cargo – which will need to be unloaded and forwarded in a variety of ways. This requires logistics and infrastructure that connects the port to other inland places and regions – known as ‘hinterland connectivity’. This was the issue under the spotlight at the first regional conference of The International Association of Ports and Harbors (IAPH) in Abuja…

Photo: NIMASA

ICPC Advocates Joint Vessel Inspection

The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies in the maritime sector to carry out joint inspection of vessels at the ports in order to fully actualize the Ease of Doing Business initiative of the Federal Government.Dr. Abubakar who made this known when he led a joint team from the Nigerian Shippers Council (NSC) and the Commission on a courtesy visit…

Egina. Photo: Total

Egina FPSO Sails to Offshore Field

The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea (SHI) for the 200,000 barrels per day capacity Egina oilfield began to sail to the oilfield Sunday, reports local media.Following fabrication and integration works in Lagos, the FPSO will arrive in three days’ time at the Egina oilfield located in Oil Mining Lease (OML) 130, which is being developed at the cost of $16 billion by the French oil major, TotalT.Nicholas Terraz…

Image: Hansa Heavy Lift

Hansa Heavy Lift Delivers Egina Carousel to Nigeria

Hansa Heavy Lift  has transported a giant carousel together with eight reels, weighing a total of 3,508.7 metric tonnes, from Newcastle, United Kingdom to Lagos, Nigeria destined for the Egina Oil Field.The voyage took place on board the super heavy lift vessel HHL Lagos, which was mobilised in Rotterdam, the Netherlands, to prepare the vessel with additional deck strength for the extralarge carousel, which weighed over 2,200 metric tonnes including spooled product and had a diameter of over 25 metres.“Close connection between the Hansa Heavy Lift engineering…

(Photo: Siemens)

Siemens Deepens Ties to China's 'Belt and Road' Push

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's "Belt and Road" infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation, energy management, building technology and intelligent manufacturing and includes companies such as China National Chemical Engineering Group Corp, China Railway Construction Corp(International) Ltd and China Civil Engineering Construction Corp.The cooperation pact aims to target projects in countries and regions

Photo: Adriatic LNG

Adriatic LNG Receives 600th Cargo

Adriatic LNG, the company which operates the regasification terminal located off the Veneto coastline, announces the arrival of the 600th carrier, the Al Jassasiya. The carrier left Ras Laffan Port in Qatar, delivering a cargo of about 140,000 cubic meters of liquefied natural gas (LNG), equivalent to nearly 85 million cubic meters of gas. The event was celebrated on the terminal with a brief ceremony that involved the vessel's personnel and Adriatic LNG's staff, including the Operations Manager Fabian Erle, who delivered a recognition to Georgios Pissaris, the Captain of the Al Jassasiya.

© Wojciech Wrzesien / Adobe Stock

LNG Trade Grew 10% in 2017 -EIA

Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday.LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on record, the EIA said, citing the Annual Report on LNG trade by the International Association of Liquefied Natural Gas Importers (GIIGNL).New liquefaction export capacity commissioned in Australia…

© Pere Sanz / Adobe Stock

Spanish LNG Cargoes Set for Export from Gas Terminals

The following table lists liquefied natural gas (LNG) cargoes set to be loaded on tankers for onward export.Spain is Europe's most diversified gas importer and has the continent's biggest LNG import capacity spread across its six terminals, sourcing LNG from Qatar, Nigeria, Trinidad, Algeria and other producers.Imported cargoes are stored in tanks located at terminals, where the LNG can either be regasified and pumped into the local grid or loaded on to new tankers for export.PortLoading window dateVolume (in cubic meters)TankerBBGJuly 11-1395,000UnknownBarcelonaJuly 13-15159,000UnknownBarcelo

(Photo: EOS Risk Group)

35 Seafarers Kidnapped in Gulf of Guinea in 2018 -Report

Nigerian pirates have kidnapped 35 seafarers from vessels in the Gulf of Guinea so far this year, according to security firm EOS Risk Group.Nigeria continues to be the world’s epicenter for piracy activity. From January through June 2018, EOS recorded 34 Nigerian pirate attacks on merchant and fishing vessels in the Gulf of Guinea. These attacks resulted in the kidnap of 35 seafarers for ransom and the hijacking of several vessels, EOS Risk Group disclosed in its half year review…

Board Chairman, Nigerian Maritime Administration and Safety Agency, NIMASA (3rd left) Deputy Governor, Delta State, Barrister Kingsley Otuaro (middle), Director General, NIMASA, Dr. Dakuku Peterside (3rd right) and other NIMASA Board member. (Photo:NIMASA)

NIMASA Commended on Day of Seafarers

The Governor of Delta State, Senator Ifeanyi Okowa has stated that the efficiency and effectiveness of the Nigerian economy depends largely on the maritime sector, as over 90 percent of the world trade are transported through the sea.Senator Okowa who made this remarks today in his keynote address during the 2018 Day of the Seafarers celebration with the theme; “seafarers’ wellbeing” held in Warri, Delta State organized by the Nigerian Maritime Administration and Safety Agency…

Dr. Dakuku Peterside (Photo: NIMASA)

Intermodal Transport System Essential to Port Efficiency -NIMASA DG

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, said that for any country to achieve efficiency at its ports, intermodal transport system is an essential factor to consider.Addressing journalists in Lagos, the DG noted that in order to attract investment to the maritime sector, a seamless transport system is crucial as there must be a good connection between the road and rail to the ports.Accordingly, Dr. Peterside stated that “taking maritime for instance…

Photo:  ICTSI

ICTSI Income Falls as Volume Rises

Philippines-based International Container Terminal Services Inc (ICTSI)  has announced a 6% decrease in income in its consolidated financial results for the first half of 2018.However, the port operator saw overall throughput rise 4% to 4.7m teu in the first half compared to 4.5m teu handled in the previous corresponding period in 2017, mainly on robust trade in the emerging markets and contributions from new terminals in Lae and Motukea in Papua New Guinea and the Australian…