New global shipping convention takes off, to gulp $100bn
IMO Scribe Ki-Tack-Lim The shipping industry may collectively need to spend around $100billion in order to install the new ballast water treatment systems required by law, in order to become…
‘Low banks’ capitalisation, high interest rate hinder indigenous shipping growth’
Chairman, Genesis Worldwide Shipping, Captain Emmanuel Ihenacho Chairman of Genesis Worldwide Shipping, one of the few thriving indigenous shipping companies in Nigeria, Captain Emmanuel Iheanacho has said that the twin…
Container line rate discipline in post Hanjin era coming to an end: Alphaliner
The period of rate stability in container shipping that followed the bankruptcy of Hanjin Shipping is coming to an end according to analyst Alphaliner. Hanjin Shipping went bankrupt on 31…
Reconstituted NNPC board: Rights Group may sue FG over Federal Character Principle abuse
President Muhammadu Buhari The Human Rights Law Service HURILAWS, has asked Federal Character Commission to compel the Federal Government to implement Federal Character Principle in appointment of members of the…
Effective policing crucial to virile maritime industry, says DG NIMASA
The Nigerian Maritime Administration and Safety Agency NIMASA, has said that effective policing remains an essential component of the growth and developmental process of any maritime industry in the world…
Tin Can Customs seizes another cache of arms …As CG promises hail for smugglers
Some of the seized arms on display at the Enforcement Unit of the command. Less than five months after the Tin Can Island Command of the Nigeria Customs Service intercepted…
Sarunmi, ex- MD NPA heads team to restructure Maritime Academy
Minister of Transport, Rotimi Amaechi, The Federal Government has approved the appointment of a six-man team of professionals headed by the former Managing Director of the Nigerian Ports Authority, Chief…
Hurricanes Harvey and Irma Push US to Waive Jones Act
In recognition of the severity of Hurricanes Harvey and Irma, the US Department of Homeland Security approved a waiver of the federal Jones Act on September 8. The waiver will…
IMO Member States Back HFO Risk Mitigation Measures in Arctic
International Maritime Organization’s (IMO) Member States have supported a proposal to identify measures aimed at mitigating the risks posed by the use of heavy fuel oil (HFO) in Arctic waters,…
Optimally utilise your financial benefits, NPA warns retirees
MD NPA, Hadiza Bala Usman The Nigerian Ports Authority has warned its retiring members of staff to put into good use all financial benefits accruing to them at retirement. The…
