SHIPPING & PORT SERVICES

Nigeria’s annual revenue losses  has been estimated to be over N7 trillion as a result of leakages in revenue generation and insecurity in the water ways, among others, Speaker ...

One of the biggest icebergs on record has broken away from Antarctica, creating an extra hazard for ships around the continent as it breaks up, scientists have revealed. ...

A study by Nigeria’s leading accounting firm, Akintola Williams Deloitte, has blamed the high cost of doing business at the nation’s seaports on the Nigeria Customs Service and ...

Sixty-two years after the ports came into being, the largest ship ever to call in the country last week berthed at the Tin-Can Island Port. The historic event ...

The World bank, through the International Finance Corporation, IFC, Nigeria Ports Authority,NPA,and the Nigeria Shippers’ Council, NSC, have a concluded $40 million deal to de-congest Apapa traffic gridlock ...

The Association of Nigerian Licensed Customs Agents (ANLCA) and importers have urged the Minister of Power,Works and Housing, Mr Babatunde Raji Fashola, to come up with a master ...

Global manufacturing companies have wrapped up plans to invest the sum of N240billion in the Enugu Free Trade Zone, which would also create over 20,000 jobs across three major ...

The Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman said the organisation and the management of Nigerian Liquefied Natural Gas (NLNG) would form a synergy to enhance ...

Chairman, Senate Committees, Ahmed Yerima has suggested that the Tolaran Group, sponsors of the Lekki Deep Seaport should include rail transportation in their construction works to avoid gridlock ...

In a bid to shore up its revenue amidst the  nation’s dwindling economy, the Nigerian Maritime Administration and Safety Agency (NIMASA) has appointed Snecou Financial Services Company Limited ...

The Nigerian Shippers Council (NSC) is partnering  some stakeholders to promote shipping. Its Executive Secretary, Hassan Bello, said the agency was collaborating with the Nigerian chapter of the ...

The Nigerian Ports Authority, NPA, has raked in  a total sum of $481million (N76.9billion at prevailing rate of N160 per dollar ) and N7.81billion respectively from the Eastern Ports in ...

A global shipping consultancy firm, Drewry, has made projections that container shipping firms may rake in $143 billion in revenue this year despite concerns of weak trade growth and fleet oversupply in ...

The Nigerian Maritime Administration and Safety Agency, NIMASA, lost $2,950,151,671.14 in three years between 2013 and 2015 through non implementation of the Sea Protection Levy (SPL) by past managements. ...

Revenue from Nigeria’s sea ports skyrocketed to N184bn in 2015 from N57bn in 2005  as a result of the implementation automation of process, President Muhammadu Buhari, revealed at the weekend. ...

Sixteen ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said on Friday. NPA explained ...

The Nigerian Maritime Administration and Safety Agency, NIMASA, has revealed that debts owed by some operators in the maritime industry from 2004 till date amounts to about $420.5 million. ...

  The Nigerian Ports Authority, NPA, is considering renting out all spaces hitherto occupied by government and private agencies at the nation’s seaports. This move is in part of ...

Africa will come together to battle piracy and illegal fishing for the first time at an African Union maritime security summit that kicks off in Togo on October ...

The Nigerian Maritime Administration and Safety Agency (NIMASA) has awarded a debt recovery contract to Snecou Financial Services Company Nigeria Limited, a company allegedly owned by the Rivers ...