• 2018 April 16 13:38

    CMA CGM and Lekki Port LFTZ Enterprise sign a MoA to operate Lekki Port’s future container terminal (Nigeria)

    The CMA CGM Group, a world leader in maritime transport, and Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port, announce the signing of a Memorandum of Agreement to operate Lekki Port’s future container terminal. Located in Nigeria, Africa’s largest economy, the future Lekki Deep Sea Port will be developed, built and operated by LPLE, a joint venture enterprise led by the Tolaram Group, the Lagos State Government and the Nigerian Ports Authority, CMA CGM said in its press release.

    As the container terminal operator, CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations and maintenance of the container terminal at Lekki Deep Sea Port.

    Speaking about this development, Navin Nahata, Chief Executive Officer of Lekki Port LFTZ Enterprise, described the signing of the agreement with the CMA CGM Group as another step in the right direction towards the actualization of the Port, which would become the deepest port in Sub-Saharan Africa.

    The Federal Government of Nigeria recently pledged its total support to the Lekki Port project during the official flag-off ceremony by President Muhammadu Buhari who was represented by Vice President, Professor Yemi Osinbajo.

    The choice of Lekki Port, which will aid the reduction of congestion in the port of Lagos, is fully in line with the CMA CGM Group’s development in the region. Lekki Port’s container terminal will allow the Group to develop its presence into West Africa’s first consumer market and will serve as a transshipment hub, especially to neighboring countries like Togo and Benin.

    Upon completion, the container terminal will be equipped with a 1,200-meter-long quay as well as 13 quay cranes and will have a capacity of 2.5 million TEUs (Twenty-foot Equivalent Units). With its 16-meter depth, it will allow the Group to deploy ships with a capacity of up to 14,000 TEUs. Operations are planned to start end of 2020.

    The CMA CGM Group is highly committed to the development of port infrastructure on the African continent where it is the second largest shipping company. The Group is particularly present in Sub-Saharan Africa with a network of 75 agencies and nearly 1,400 experts. In the region, the Group operates 30 services thanks to a fleet of 87 ships calling at 248 ports.




2018 October 15

12:13 Kongsberg Digital and KPMG launch new complete cybersecurity partnership for the maritime industry
11:55 Nevsky Shipyard took part in Offshore Marintec Russia
11:19 ABS leads industry discussion on digitization, safety and compliance
11:12 New shipping route links Gdansk and Scandinavia
10:51 Port of Gdansk considered as transport hub for Slovakia
10:29 Brent Crude futures price up 1.21% to $81.4, Light Sweet Crude – up 1.04% to $72.08
10:10 Tuco Marine Group to build a multipurpose first responder boat for Hovedstadens Beredskab I/S
09:53 Baltic Dry Index is up to 1,579 points
09:34 Gazprom and Shell discuss next steps in Baltic LNG project
09:15 Throughput of port Helsinki (Finland) in 9M'18 up 8.4% Y-o-Y to 11.38 million tonnes (table)
08:07 PIL terminates all calls to Iran due to US sanctions
07:06 ChainPORT hackathon held for the first time simultaneously in the ports of Antwerp and Los Angeles
06:16 Vinalines posts profit of US$900,000 in the first nine months of 2018

2018 October 14

09:19 CMA CGM announces FAK rates from Asia to North Africa
09:17 CMA CGM announces FAK rates from Asia to the Mediterranean
09:16 Port of Corpus Christi moves record tonnage in first nine months of 2018
09:12 Port of New Orleans receives Excellence Award for Master Plan

2018 October 13

09:06 OOCL fleet moves forward to meet IMO 2020 regulation
09:04 CMA CGM announces FAK rates from Asia to North Europe
08:56 Algoma announces cancellation of Croatian new build contracts
08:54 Panama Canal sets record annual cargo tonnage in fiscal year 2018

2018 October 12

18:07 Port of Antwerp on track for sixth record year
17:36 Strengthening of Kaliningrad seaway canal's embankment included in Russia’s territorial development strategy through 2025
17:08 Stena Bulk in partnership with Bay Crest Management for expansion in Asia
16:04 Groundbreaking ceremony marks start of work at DP World Berbera in Somaliland
15:52 LNG Croatia invited bids for import LNG terminal infrastructure
15:35 Azerbaijan Caspian Shipping Company continues expanding its operations in international waters
15:03 Maersk Line announces an increase in FAK rates from Far East to North Europe
14:47 Minister Berner: Finland strives to reduce emissions from shipping
14:03 CMA CGM to introduce new quarterly BAF for long term contracts from 1st of January 2019
13:44 LUKOIL commissions fifth well at Filanovsky field second stage
13:21 Ocean Network Express enters bilateral feeder network cooperation with Hapag - Lloyd
13:10 MOL consolidation service succeeds with trial of remote container tracking management device
12:28 Germany furthers support to WMU with Simulator Lab refurbishment
12:05 Yangzijiang Shipbuilding Group in China and Mitsui & Co., Ltd. to establish a shipbuilding joint venture
11:47 BPO pays a visit to the Port of Ust-Luga
11:26 Rosterminalugol exported 16 million tonnes of coal YTD
11:05 Grimaldi further boosts its freight services to Sardinia
10:54 Bunker prices continue going up at the Port of Saint-Petersburg, Russia (graph)
10:50 Port of Gothenburg starts construction of new terminal
10:30 Brent Crude futures price up 1.2% to $81.22, Light Sweet Crude – up 1.18% to $71.81
10:11 De Boer holds naming ceremony for Damen RSD WID Tug 2915 Hybrid Fregate and ASD Tug 2310 SD Papillon
10:09 Baltic Dry Index is down to 1,515 points
09:58 Damen signs for another three years as founding partner of the Nederlands Dans Theater
09:51 Fuel oil prices show no significant changes in the Far East ports of Russia (graph)
09:33 RF Government approves plan for modernization and expansion of core infrastructure
09:14 Vimpel Shipyard launches border patrol boat of Project 1496М1 built for FSB Border Guard Service

2018 October 11

19:00 Gasum becomes 100% owner of Skangas, consolidates its position as the leading Nordic LNG provider
18:36 FLEX LNG to enter into transaction to acqure five 5th generation LNG newbuildings
18:27 Caterpillar Marine announces the latest generation of azimuth thrusters - MTA v3
17:50 Cruise ship crash, ship grounding force watchdog to act
17:27 Economic value of UK ports industry highlighted by British Ports Association
17:22 Throughput of Russian seaports in 9M’18 grew by 4% Y-o-Y to 604.2 million tonnes (detalization)
17:06 PSP Investments welcomes new investment partners to Forth Ports
16:25 Marine Recruiting Agency to train Rosmorport employees
16:08 CMA CGM reaffirms its ambition to turn CEVA into a stronger logistics leader
15:59 MSC adds new rail service in Spain
15:24 MABUX warns bunker prices may be vulnerable amid the uncertainties on both the supply and demand side
14:36 Okskaya Sudoverf shipyard upgrades its equipment
13:58 In-built oil recovery system of IB Polaris undergoing tests – Arctia prepared to offer oil recovery services