IMO to amend SOLAS requiring reporting containers lost at sea
An average of over 3,000 containers were lost at sea in 2020 and 2021 (IMO photo) The Maritime Safety Committee of the International Maritime Organisation has moved a step closer…
WMD: Nigeria pledges new technologies investments to boost greener shipping
The Federal Government of Nigeria yesterday joined the entire maritime global community to celebrate the World Maritime Day with a pledge to boost greener shipping activities in the country with…
Nigeria commits to greener shipping for sustainable dev…Joins IMO on World Maritime Day
Minister of Transport, Mu’ azu Jaji Sambo Minister of Transport, Mu’ azu Jaji Sambo has said that Nigeria is committed to achieving greener shipping in line with the campaign by…
FIRS seeks good use of tax revenues to boost morale, compliance
When governments deploy tax revenues for the common good of the citizens, there is a concomitant increase in tax compliance by citizens who see the direct benefit of the taxes…
Oil prices fall for a second day on concerns for expected recession
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging…
Explosion on board kills Captain
OCEAN HARMONY Explosion occurred on board of general cargo ship OCEAN HARMONY, berthed at Pier 1, Incheon Inner Harbor, at around 2240 Seoul time September 23. The explosion led to…
Freight Forwarders seek CRFFN Act 2007 review
Freight operators under the aegis Concerned Nigeria Registered Freight Forwarders CNRFF, in Lagos, Thursday successfully held their maiden annual summit, where, they among several other recommendations sought the amendment of…
FG’s national honour award humbled me, Jamoh
DG NIMASA, Dr. Bashir Jamoh. Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, Dr Bashir Jamoh has expressed pleasant surprise over Federal Government’s conferment of National Honours…
Stop contracting consultants for tax assessment, collection, FIRS warns MDAs
Executive Chairman, FIRS, Muhammad Nami. The Federal Inland Revenue Service FIRS has warned Ministries, Departments and Agencies of Government MDAs over the appointment of consultants and concessionaires to collect taxes…
International Marine Insurers report rising cargo premiums
The International Union of Marine Insurance IUMI reports an increase in the 2021 cargo insurance premium base (from 2020) of eight per cent to USD billion alongside an improvement in…
