Forex shortage, low crude price stall sale of seized rigs, says AMCON
Oritsemeyin, one of the rigs tied at the Marina waterfront, Lagos. Strong indications emerged that the current shortage of foreign exchange supplies in the country and the dwindling fortunes of…
Port of Durban Grinds to a Halt, Three Ships Grounded
Port of Durban, South Africa Three vessels have run aground in the Port of Durban, South Africa, amid heavy weather that has resulted in the suspension of all vessel movements…
NPA partners FRSC restates commitment to operational safety standards
MD NPA, Hadiza Bala Usman The Managing Director of Nigerian Ports Authority NPA, Hadiza Bala Usman has said that the organisation under her watch is more than ever committed to…
Nigeria’s 60% import of fish requirement annually most unacceptable-Folarin
Chairman, PCC, Otunba Kunle Folarin. The Ports Consultative Council, a policy advisory body in Nigeria’s maritime industry has faulted Nigeria’s practice of importing about 60 per cent of her annual…
NIMASA vows to appeal judgment on NLNG tax holiday suit
DG NIMASA, Dr. Dakuku Peterside The Nigerian Maritime Administration and Safety Agency NIMASA, has vowed to appeal against the judgment delivered by a Federal High Court sitting in Lagos on…
Arms imports: Afolabi, SIFAX boss renews call for provision of scanners
Dr. Afolabi Worried by the repeated cases of illegal importation of arms and ammunition into the country through the seaports, the Group Executive Vice Chairman of SIFAX Group, Dr. Taiwo…
Lack of cleat-cut policy, decayed infrastructure mar Nigeria’s transport sector 57 years after
Nigeria’s transport system has no doubt come a long way; especially 57 years after the country achieved her political independence from Britain, her former colonial master in 1960. This sector,…
Stakeholders seek disbursement, utilisation of N150bn Cabotage Vessel Fund
Maritime stakeholders have urged the Nigerian Maritime Administration and Safety Agency NIMASA, to take urgent steps that would lead to the disbursement and utilisation of the Cabotage Vessel Financing Fund…
We’ll ensure adequate protection, optimal exploitation of Nigeria’s blue economy-NIMASA
DG NIMASA, Dr, Dakuku Peterside The Nigerian Maritime Administration and Safety Agency NIMASA, Nigeria’s apex maritime regulatory agency has reiterated its commitment towards adequate protection and optimal exploitation of the…
Viking to Build World’s first Hydrogen-Powered Cruise Ship?
Cruise ship owner Viking Cruises unveiled plans for a liquid hydrogen-fuelled cruise ship in an effort to develop the world’s first cruise ship with zero-emission technology. Serge Fossati, project manager…
