CG Customs’ absence at maritime agencies’ meeting worries stakeholders
Maritime stakeholders have expressed grave concerns over the conspicuous absence of the Comptroller General of the Nigeria Customs Service, Col. Hameed Ali at the inaugural strategic meeting of heads of…
NIMASA, Shippers Council, NPA close ranks to grow shipping industry
From left: Director General, Nigerian Maritime Administration and Safety Agency NIMASA, Dr. Bashir Jamoh, Managing Director, Nigerian Ports Authority NPA Ms. Hadiza Bala-Usman Executive Secretary/CEO Nigerian Shippers Council, Barr. Hassan…
AMCON seizes Deap Capital Management’s assets over N1.6bn debt
The Asset Management Corporation of Nigeria AMCON has taken over three landed property belonging to Deap Capital Management and Trust Limited over unresolved debt owed the commission since 2012. This…
Moody’s downgrades its outlook for shipping
The ratings agency Moody's has downgraded its forecast for the deep-sea shipping industry this year, and it now expects that earnings will contract by as much as 18 percent compared…
Shipping sector prioritises five solutions for decarbonisation
Shell together with Deloitte Netherlands and Deloitte UK today published joint research outlining industry perspectives on decarbonising the shipping sector. The “Decarbonising Shipping: All Hands on Deck” report sets out…
Piracy: Nigerians pay war risk insurance premium on imported goods-NIMASA
Strong indications emerged that the worsening insecurity on Nigeria’s maritime domain up to the Gulf of Guinea is taking its toll not only on the citizens but also on the…
Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal
Warren Buffett The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10…
Chinese officials investigate COVID-19 during crew change on MSC ship
Officials in Hong Kong and Mainland China are investing a cluster of COVID-19 cases aboard the Mediterranean Shipping Company (MSC) container ship MSC Flavia. The situation is especially problematic as…
NIMASA, Navy harmonise maritime training procedures to boost security
From right: Director General, Nigerian Maritime Administration and Safety Agency NIMASA Dr. Bashir Jamoh makes a presentation to the Flag Officer Commanding FOC, Naval Training Command NAVTRAC, Rear Admiral Fredrick…
Post COVID-19: How Nigeria can check economic recession
By Dr. Olisa Agbakoba SAN Introduction The massive macro-financial shock caused by Covid-19 has continued to ravage the global economy putting all systems and nations under severe financial instability never…
