Nigeria’s seaports set to begin 24-hour operations …As NIMASA, NPA, Shippers Council mull intermodal transport
From left: Executive Secretary/CEO, Nigerian Shippers Council, Hassan Bello, Managing Director, National Inland Waterways Authority, George Moghalu, Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, Managing…
SIFAX Group honours 46 staffers
From left: Ada Ihesiaba, Billing department, Ports & Cargo Handling Services, a subsidiary of SIFAX Group; Abayomi Obadare, General Manager, Billing, Ports & Cargo Handling Services and an awardee who…
IMO 4th GHG Study projects 50% rise in emissions by 2050
The International Maritime Organisation IMO released the long-awaited 575-page final report for its Fourth IMO Greenhouse Gas Study. Coming six years after the third report, the results are viewed as…
FG approves disbursement of N150bn Vessel Acquisition Fund …As NIMASA forecloses extension of Dec. deadline for Single-hull vessels
DG NIMASA, Dr. Bashir Jamoh The Federal Government has approved the disbursement of the Cabotage Vessel Financing Fund CVFF estimated at over N150billion nearly 17 years after it was created…
China, Iran sign $400bn secret oil deal
China and Iran recently signed a 25-year trade deal not surprising given that one is a major OPEC producer and the other one of the world’s largest importers of crude.…
CODIV-19: Ship orderbook shrinks to 17- year low
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as Covid-19 has massively slowed contracting (-50per cent) while deliveries of new…
CIoTA advocates safe transport system across modes … As President commiserates with container accident victims’ families
President of the Chartered Institute of Transport Administration of Nigeria CIoTA, Dr. Bashir Jamoh, has restated the institute’s commitment to safety of all modes of transportation in the country, especially…
Update: ShopRite may sell ‘all or a majority stake’ in Nigeria
South Africa's supermarket retailer, ShopRite, has announced it is considering a sale of "all or a majority stake" of its business in Africa's biggest economy, Nigeria, 15 years after it…
IMO Greenhouse Gas Study: Shipping emissions are projected to increase by 50% until 2050, relative to 2018
The greenhouse gas emissions of shipping have increased from 977 million tonnes in 2012 to 1,076 million tonnes in 2018 ( cent increase). The carbon intensity of shipping has improved…
AMCON urges Management Partners on N5tr debt recovery
The Asset Management Corporation of Nigeria AMCON has charged its Asset Management Partners AMP to deploy processes of receivership and winding-up as provided for AMCON Act 2019 (as amended) in…
