IMF: Cost of COVID pandemic may rise beyond $12.5tr estimate
The International Monetary Fund IMF expects to raise its forecast that the COVID-19 pandemic will cost the global economy $ trillion through 2024, the head of the global lender said…
Shippers challenge container line demurrage fees in US courts
Shippers are set to challenge “disingenuous” shipping lines to claw back demurrage fees at Los Angeles and Long Beach Ports. Cash-rich container lines are facing a backlash from disgruntled shippers…
Ghana to fine vessels with unvaccinated crew
Ghana is set to fine vessels that have unvaccinated crew or passengers onboard warn P&I Club Gard. In an alert Gard said it’s local correspondents in Ghana, Sheringham P&I Services,…
Stakeholders hail NPA, say ‘eto’ is working
Maritime stakeholders under the aegis of Concerned Maritime Stakeholders of Nigeria CMSN have thumped up for the Nigerian Ports Authority NPA over the decision to streamline operations of its pet…
NPA designates Lilypond Terminal as final export hub
Managing Director, Nigerian Ports Authority, Mohammed Bello-Koko Federal Government’s efforts towards boosting non-oil exports received a boost as the Nigerian Ports Authority NPA has designated the Lilypond Container Terminal, Ijora…
LADOL leads in compliance, retains ISO 45001, 14001 certifications
Managing Director LADOL, Dr Amy Jadesimi LADOL Free Zone, LADOL has continued to maintain its industry leadership position as it has renewed and retained its International Organisation for Standardisation, ISO…
Apapa Customs nets N870bn revenue in 2021…Says installation of scanners 70% completed
Customs Area Controller, Apapa Area command, Comptroller Yusuf Ibrahim flanked on the left by the Director of the Department of State Security DSS for Apapa Port, Nasir Adimbo and on…
Korea researchers name LPG as green alternative ship fuel
LPG tanker, courtesy of Wärtsilä Korea Maritime & Ocean University researchers identify liquefied petroleum gas (LPG) as a low-cost and eco-friendly alternative to marine propulsion fuels. Although liquefied petroleum gas…
EXCLUSIVE: Workers’ agitation threatens Nigeria Maritime University accreditation
Strong indications emerged that the fate of the thousands of students of the Nigeria Maritime University NMU, Okerenkoko in Warri, Delta State may be hanging in the balance as agitation…
COVID: WTO General Council discusses call for virtual ministerial meeting
World Trade Organisation WTO General Council Chair Ambassador Dacio Castillo (Honduras) convened the 10 January meeting in response to India’s recent proposal to hold a virtual Ministerial Conference on the…
