Zim cargo ship The Israeli ocean carrier successfully completed the first blockchain pilot for paperless bills of lading using tech firm Wave's application and network, ZIM said in a statement. Israeli ocean carrier ZIM has successfully completed a blockchain document exchange pilot for paperless bills of lading, the company said in a statement. The
Maritime
What failed the national carrier MoU between Nigeria and Singapore
In August 2016 Nigeria and a Singaporean firm, Pacific International Lines (PIL) signed a Memorandum of Understanding (MoU) over maritime national carrier/fleet status. But one than 15 months after inking the MoU no action has been taken by both parties to actualize it. The MoU is meant to establish a private sector driven
Largest US port complex passes plan to reach zero emissions
FILE - Containers are pictured at the ITS terminal at the Port of Long Beach, California Los Angeles - The largest port complex in the nation has set goals to drastically reduce air pollution over the next several decades. The plan approved Thursday at a meeting of the governing boards of the twin ports
Reviewing Shipping Charges on Storage
Lagos port complex Eromosele Abiodun interrogates the claims by customs agents in the country that shipping companies’ charges on storage contravene the Customs Excise Act Lagos (Thisday) - International shipping is a complex subject that includes many variables. Proper handling paves the way for a reliable and cost-effective management of ocean freight.
Nigeria moves cargo delivery from Lagos ports to Papalanto to beat Apapa Gridlock
Lagos Port Lagos - The Nigerian Government has concluded plans to make importers take delivery of their cargoes cleared from Lagos ports at Papalanto in Ogun State via rail lines. This was disclosed by the country's Minister of Transport, Mr. Rotimi Amaechi, who said the government has made provisions for the supply
Nigeria contracts firm to secure it’s maritime space
Lagos - Nigeria is taking steps to ensure the security of its waterways, maritime facilities and train personnel. The country's Minister of Transportation, Mr. Rotimi Amaechi, disclosed on Monday that the government has contracted an Israeli firm for three years to adequately train Nigerian personnel on the security of the sector, after
Maritime shipping industry could consolidate further
It's time to pull together Maersk Chief Operating Officer Soren Toft said that as growth in the shipping industry slows, merger and acquisition activity may begin to pick up again, according to a report from the Straits Times. The trend of mergers and consolidations in the maritime shipping industry in recent years
Rolls-Royce And Google Partner To Create Smarter, Autonomous Ships
A new partnership between Rolls-Royce and Google will see ships become smarter and self-learning thanks to advanced machine learning algorithms. It will also bring the company’s vision of a fully autonomous ship setting sail by 2020 a step closer to reality. Rolls Royce announced this month that it will use Google’s
Nigerian Importers to pay Additional N98.8bn Surcharge to Foreign Shipping Companies
Foreign Shipping lines are putting financial pressure on Nigerian Importers Lagos - A new surcharge by Foreign shipping lines on importers bringing cargoes into Nigeria, tagged Ports Additional Destination (PAD) has commenced on Tuesday, October 10, 2017 and attracts a charge of N38,000 for 20 ft container while a 40 ft container is N76,000. With
No distress call after fishing boat with foreign crew wrecks
This undated photo provided by the U.S. Coast Guard shows the 79-foot fishing boat HONOLULU (AP) — A boat that ran aground off Honolulu while transporting foreign fishermen to work in Hawaii’s commercial fishing industry has raised new questions about the safety and working conditions for foreign laborers in this unique