Demurrage, detention charges rose 12% worldwide…Become significant cost centre for shippers
Surplus containers are piling up at warehouses as demand wears out, resulting in rising demurrage and detention charges, contributing substantially to the operational costs for shippers. These were a few…
Why we fully participated in NLC-ASUU protest-MWUN President
File photo showing some officials of the Maritime Workers Union of Nigeria MWUN (dressed in white), during the NLC-ASUU solidarity protest in Lagos. The Maritime Workers’ Union of Nigeria MWUN,…
SIFAX Chairman lectures Babcock University students on success factors
From left: Provost, College of Postgraduate Studies, Babcock University; Professor Ayandiji Aina, Executive Director, SIFAX Group Bode Ojeniyi, President/Vice Chancellor, Babcock University; Professor Ademola Tayo, Dr. Abimbola Abolarinwa, Surgery Department,…
Global economy in grips of serious slowdown, inflation surges to endure
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next…
NIMASA sets up team of experts on maritime security strategy…Hails IMO’s technical assistance
DG NIMASA, Dr. Bashir Jamoh (middle); Director, Marine Environment Management, Mrs. Aishatu A Jidda (3rd right); IMO Facilitator, Phillip Heyl (2ndright); Rear Admiral Medani Rtd. (3rd left); head, ISPS of…
We don’t operate secret offshore accounts, says NPA
MD NPA, Mohammed Bello-Koko The Nigerian Ports Authority NPA, has refuted insinuations in a segment of the media that it operates two secret foreign exchange accounts, which have been allegedly…
ASUU strike: Maritime Workers shun NLC solidarity protest
The Maritime Workers’ Union of Nigeria MWUN, umbrella body for port workers may have shunned the two-day solidarity street protest declared by its parent body, the Nigeria Labour Congress NLC…
Ship insurers seek more assurances on Ukraine grain corridor
Ship insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear…
EU looks to replace gas from Russia with Nigerian supplies
The European Union EU is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general of the European Commission’s energy…
Tin Can Customs records 28% revenue growth…Attributes feat to new VIN- Valuation system
Customs Area Controller, Tin Can Island command, Comptroller Stephen Oloyede The Tin Can Island command of the Nigeria Customs Service has recorded a revenue growth of cent in the first…
