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Maritime
C&I Leasing acquires 2 ships to support Shell…
C&I Leasing plc, a marine servicing company, has acquired two new crude oil carrier vessels to support the…
Poor PAAR implementation and high cost of clearing goods
C learing of imports from Nigerian seaports has become a hard nut to crack in the past three months, as goods that…
$3.8bn Egina FPSO: LADOL alleges breach of court order…
There are fresh worries on the likely outcome of the court hearing on the controversial $3.8 billion Egina oil…
FG to build 4 new river ports on PPP basis
Determined to ensure that imports are shipped to the hinterlands, the Federal Government is perfecting arrangement…
Nigeria’s indigenous shipping capacity still below…
Over the years, the Federal Government has come up with several shipping policies and regulations geared towards…
NIMASA builds N58.7bn shipyard for maritime university…
As part of its effort to tackle the dearth of manpower which has been stunting shipping development in Nigerian…
‘Nigerian seaports to grow container traffic to 10m…
The volume of annual container traffic in Nigerian seaports, which currently stands at an estimated 1.4 million, is…
FG considers downward review of 110% import duty on…
There are indications that the Federal Government is considering a downward review of the 110 percent tariff on…
FG confirms granting Shippers Council economic regulator…
The Federal Government on Monday confirmed that it has granted the Nigerian Shippers Council (NSC) an approval to…
FG bows, moves implementation of 70% tariff on imported…
Following the controversies trailing the introduction of 70 percent tariff on imported vehicles, the Nigeria…
AP Moller Group records 6% profit drop in 2013 amid…
As a result of the challenges in the global shipping market last year, AP Moller Maersk Group, a Danish shipping…
NIMAREX chief sees stock exchange as source of cheap…
Worried that poor funding limits the participation of indigenous shipping firms in Nigeria’s lucrative shipping…