Hyundai Heavy sacks a third of offshore executives
South Korea’s Hyundai Heavy Industries has cut a third of the executive workforce in its offshore and engineering division, Yonhap said citing the shipbuilder. The world’s biggest shipbuilder is shrinking…
NIMASA seeks seaports’ intermodal transport connectivity to enhance efficiency
BY FRANCIS EZEM The Nigerian Maritime Administration and Safety Agency NIMASA, has said that the importance of effective intermodal transport connectivity to seaports cannot be overemphasised, especially in terms of…
Criticisms: AMCON is conscious of its core mandate, insists Nwauzor
*Nwauzor Asset Management Corporation of Nigeria AMCON has since its creation intervened in several sectors of Nigeria’s economy including the banking and transport, especially in aviation. These interventions have no…
Scores die, over 50 vehicles burnt in Lagos tanker explosion
Some officials of Lagos State Emergency Management Agency LASEMA, gathering the remains of some of the victims of the accident, many of which burnt beyond recognition, BY FRANCIS EZEM No…
Shonekan, CJN to grace Shippers Council’s maritime seminar for judges
BY FRANCIS EZEM Barring any last minute change in the scheme of things, former Head of State, Chief Ernest Shonekan has accepted to chair the 15th edition of the International…
Nigeria’s maritime industry crucial for economic growth, dev,-Gov. Okowa …As DG NIMASA says Nigeria’s seafarers among world’s best
From left: Deputy Governor, Delta State, Barrister Kingsley Otuaro, Director General, Nigerian Maritime Administration and Safety Agency NIMASA, Dr. Dakuku Peterside, NIMASA Board member, Engr. Kenneth Asekome and Executive Director,…
Extending AMCON’s sunset date will promote corporate rascality-MD
*Kuru BY FRANCIS EZEM Asset Management Corporation of Nigeria AMCON has foreclosed any possible extension of its 2024 terminal date, saying that such extension might be counterproductive, as it may…
Excessive charges: We recovered over N80m for consignees in six months-NSC
Executive Secretary/CEO NSC, Mr. Hassan Bello BY FRANCIS EZEM The Nigerian Shippers Council, the country’s seaport economic regulator has assured operators in the industry that it will continue to ensure…
Port stakeholders canvass strict enforcement of FG’s Executive Order
BY FRANCIS EZEM One year after the Federal Government issued its Executive Order 1 on the Ease of Doing Business at the nation’s seaports, maritime stakeholders have made a strong…
Nigeria’s debt stock rises to N22.7trn in Q1 2018
Nigeria's Vice President, Prof Yemi Osinbajo BY FRANCIS EZEM The Debt Management Office DMO has said that Nigeria’s national debt stock has risen to trillion in the first quarter of…
