FG Approves PPP For Badagry Deep Seaport, To Make $53.6bn

The Federal Executive Council (FEC) authorized the Badagry Deep Seaport development on a built-own-operate transfer Public Private Partnership (PPP) basis Wednesday. Mu'azu Jaji Sambo, the...

FG Makes N2.5bn Daily From TinCan Port – Customs

According to the Nigeria Customs Service, the TinCan Island Command earns an average of N2.5 billion every day. Adekunle Oloyode, the Customs Area Controller in...

Overloading Is Due To Inadequacy Of Vessels – NIWA

According to the National Inland Waterways Authority (NIWA), the overloading of boats may be caused by insufficient boats. Sarat Braimah, the NIWA's Lagos Area Manager,...

FG To Generate $562bn From Lekki Sea Port In 45 Years

The Lekki Deep Sea Port is anticipated to bring in $562 billion in revenue for the federal government in 45 years. This was revealed at...

Shippers Should Be Involved In Concession Agreement Review – FG

The Federal Ministry of Transportation (FMOT) has urged the Nigerian Ports Authority to ensure that the Nigerian Shippers Council (NSC) is involved in the...

Importers Slam Eastern Port Over Insecurity And Freight Cost

Importers prefer Lagos ports over eastern ports, according to shippers and other marine industry specialists, including freight forwarders. They attribute this preference to security...

Maritime Arbitrators Seek Alternate Dispute resolution

The Maritime Arbitrators Association of Nigeria (MAAN) has emphasised the relevance of alternative dispute resolution in resolving commercial conflicts. According to a statement from MAAN...

First Vessel Berths As Lekki Port Takes Delivery Of STS Cranes, RTG Equipment

Lekki Deep Sea Port took delivery of 3 Super Post Panamax Ships to Shore (STS) Cranes and 10 Rubber Tyred Gantries (RTGs) and also...

FG Eyes N23bn In Revenue From Onitsha River Port

The Federal Government (FG) is looking forward to generating no less than N23 billion from Onitsha River Port in 30 years from now. This...

Friend Of The Sea supports Sea Turtles Conservation In Nigeria

Friend of the Sea, the leading international sustainable seafood certification program, is pleased to announce an event to award and highlight initiatives to protect...

SON Accuse Importers Of Encouraging Insecurity In Nigeria

Salim Farouk, the Director General of the Standards Organization of Nigeria (SON), has accused importers of substandard items in Nigeria of funding unrest in...

Impact Of Covid, Crew And Congestion On The Shipping Industry

While the Covid-19 pandemic resulted in few direct claims for the marine insurance sector, the impact on the welfare of crews and the boom...

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