UNCTAD Warns Of Grim Maritime Trade

UNCTAD Warns Of Grim Maritime Trade

Global maritime trade will plunge in 2020 due to the unprecedented disruption caused by COVID-19, the United Nations Conference on Trade and Development (UNCTAD) said in a new report. The report, entitled the Review of Maritime Transport 2020, warns that...
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“Re-Establishment Of National Fleet Imminent”

“Re-Establishment Of National Fleet Imminent”

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has reaffirmed the agency’s commitment to the establishment of a strong and sustainable national fleet. Jamoh in a statement on Wednesday explained ...
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NIWA Proposes N6.6b Capital Vote For 2021

NIWA Proposes N6.6b Capital Vote For 2021

The National Inland Waterways Authority (NIWA) has proposed N6.6 billion as capital components of its N7.3 billion 2021 budget estimates to upscale development of inland water transportation in the country. The Managing Director of NIWA, Dr George Moghalu, mad...
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CMA CGM Takes Delivery Of 2nd LNG-Powered 23,000 TEU Giant

CMA CGM Takes Delivery Of 2nd LNG-Powered 23,000 TEU Giant

The CMA CGM Champs Elysees has joined CMA CGM Group’s fleet as the company’s second 23,000 TEU containership powered by liquefied natural gas.  The giant vessel is a sister ship to CMA CGM’s flagship, the CMA CGM Jacques Saade, which...
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Shippers Council Seeks Removal Of Demurrage On Cargoes

Shippers Council Seeks Removal Of Demurrage On Cargoes

The Nigerian Shippers Council (NSC) calling for the removal of demurrage on cargoes due to last week’s disruption. Head of Public Relations, NSC, Mrs Rakiya Zubairu, explained on Monday that it was one of the ways to alleviate t...
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FG Pledges Support For SIFAX Group’s New Container Terminal

FG Pledges Support For SIFAX Group’s New Container Terminal

The Federal Government has promised to support the vision of the newly-opened terminal in Lagos by SIFAX Group.  SIFAX Container Terminal located at Ijora, Lagos was established to address the challenge of traffic congestion around the Lagos ports. Its va...
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CMA Condemns Alleged Murder Of Protesters In Nigeria

CMA Condemns Alleged Murder Of Protesters In Nigeria

The Commonwealth Medical Association (CMA) has expressed concern over what it described as “callous assault and murder of defenseless civilian protesters, on Tuesday, October 20, 2020, at the Lekki Toll Plaza in Lagos State, Nigeria”.   &nbs...
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Ganduje At NSC, Implores FG On Rail Extension To Dala Inland Port

Ganduje At NSC, Implores FG On Rail Extension To Dala Inland Port

Governor of Kano State,  Abdullahi Ganduje has called on the Nigerian Shippers’ Council (NSC) to follow up with the Federal Ministry of Transportation to declare Dala Inland Dry Port as a destination port.   Ganduje made the call when he visited...
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CBN Warns Shipping Lines, Shippers On Export Proceeds Numbers

CBN Warns Shipping Lines, Shippers On Export Proceeds Numbers

Non-compliance by shipping lines to the directive by the Federal Government that all export goods leaving the country should carry Nigerian Export Proceeds (NXP) numbers was the focus of discussions during a meeting recently convened by the Central Bank of...
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CMA CGM’s LNG-Powered Giant Sets World Record

CMA CGM’s LNG-Powered Giant Sets World Record

The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel.   On its departure from Singapore on 12 October, the new flagship of...
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South Korea, Belgium Pledge  Support For Nigeria’s Maritime Security, Trade

South Korea, Belgium Pledge Support For Nigeria’s Maritime Security, Trade

South Korea and Belgium have pledged more support for the Nigerian Maritime Administration and Safety Agency (NIMASA) in its drive to enhance trade and security in the Nigerian maritime domain.   The new Consul-General of the Korean Embassy, Kang Haenggu,...
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SIFAX Group Expands Network, Opens New Terminal

SIFAX Group Expands Network, Opens New Terminal

SIFAX Group, a conglomerate with investments in Maritime, Aviation, Logistics, Oil & Gas, Hospitality and Financial Services sectors, on Wednesday opened a new container terminal in Lagos as a response to the difficulties experienced by stakeholders in acc...
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NIMASA To Ban IOCs From Engaging Unregistered Vessels

NIMASA To Ban IOCs From Engaging Unregistered Vessels

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a three-month ultimatum to companies engaged in Cabotage trade in Nigeria to register all vessels used in coastal and inland waters trade. At  the expiration of the three mont...
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Jamoh Remains President As CIoTA Elects National Officers

Jamoh Remains President As CIoTA Elects National Officers

The Chartered Institute of Transport Administration of Nigeria (CIoTA) has made public the result of its September 12 virtual elections of the National Executives Committees even as it has ratified members of the Governing Council to drive the focus of...
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