UN SDGs, catalyst for new businesses, Local Content policy, says Jadesmi
The success story of the Lagos Deep Offshore Logistics Base LADOL has proven the efficacy of the United Nations’ Sustainable Development Goals, SDGs, as a framework for the development of…
OPEC output falls as Gulf Nations step up delivery of oil cuts
The Organisation of Petroleum Exporting Countries’ OPEC output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets. Saudi Arabia,…
Nigeria’s maritime industry: A mixed grill in 2019
As the 2019 fiscal year winds down, certain major events and activities shaped the maritime industry, Francis Ezem, who undertook a review of these events, reports. Like most other segments…
IMO 2020 sulphur rules threaten GCC oil exports …As ship owners switch over to low sulphur fuels
Oil markets will go through a major transformation as new regulations covering the sulphur content of marine fuels take effect from January 1, 2020 and may have an impact on…
Shippers Council: Four years of strengthening regulatory ties with stakeholders
In a rather unique manner, the Nigerian Shippers Council has in the last four years through its stakeholders’ appreciation night fostered synergy in the industry by endearing itself to port…
2020: Expert predicts worse global decline in trade-to-GDP ratio
Peter Sand 2020: Expert predicts worse global decline in trade-to-GDP ratio One of the most worrying trends that has developed recently – which will affect shipping demand in the years…
US-China trade deal to keep oil prices at $60 range
Oil prices closed on a third straight weekly high on Friday, with prices set to remain close to the $60-$65 () range thanks to market optimism around the US-China phase…
CBN slashes ATM, other electronic transactions’ tariffs from Jan. 1, 2020
CBN Governor, Godwin Emefiele The Central Bank of Nigeria CBN has slashed charges on Automated Teller Machines ATM, electronic transfers and card maintenance fees paid by bank customers in the…
LADOL retains ISO 45001:2018, 14001:2015 certifications
The Lagos Deep Offshore Logistic Base, LADOL has retained its International Organization for Standardization certificates in ISO 45001:2018 and 14001:2015 certification, being the first company in West and North Africa…
Nigeria set to combat maritime insecurity with new mission vessels …As NIMASA graduates new intelligence officers under Deep Blue Project
From left: Deputy Director Operations; Naval Headquarters, Rear Admiral Dauda; Chief Operating Officer HLSI, Mr. Ben Haim, Chairman Project Monitoring Team and Director Project Services of the Ministry of Defence,…
