President Muhammadu Buhari, will on Thursday, June 10, in Lagos perform the official launch of the assets under the Integrated National Security and Waterways Protection Infrastructure, also known as the Deep Blue Project. Preparatory to the launch, the Maritime Security Unit (MSU) of the Deep Blue Project, comprising personnel from the Nigerian Navy, Nigerian Army,…
Read MoreThe U.S. government is set to release its first official estimate of the value of the nation’s marine economy, also known as the “blue economy.” NOAA and the Commerce Department’s Bureau of Economic Analysis (BEA) are set to unveil the findings next Tuesday. For the statistics, experts considered ten sectors representing businesses dependent on the…
Read MoreAn MSC containership has become the latest giant boxship to lose containers overboard in the Pacific Ocean. Cargo casualty firm WK Webster reports that the MSC Aries lost about 41 containers overboard as it sailed from Long Beach, California to China on January 29. MSC has since confirmed the incident and informs that the containers…
Read MoreGerman liner shipping company Hapag-Lloyd has placed an order for six Ultra Large Container Vessels at South Korea’s Daewoo Shipbuilding & Marine Engineering. The vessels will have capacity of more than 23,500 TEU with dual fuel engines that can operate on LNG fuel. “With the investment in six ultra large container vessels we will not…
Read More