FG WELCOMES UN DECISION TO EXTEND NIGERIA’S MARITIME BORDER

FG WELCOMES UN DECISION TO EXTEND NIGERIA’S MARITIME BORDER

The Federal Government has welcomed the decision by the United Nations to extend Nigeria’s continental shelf from 200 Nautical Miles to 220 Nautical Miles. This coincides with the creation of the Ministry of Marine and Blue Economy by President Bola...
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Shipping Firms Stop Red Sea Routes After Attacks

Shipping Firms Stop Red Sea Routes After Attacks

The world’s largest shipping group, Mediterranean Shipping Company (MSC), has announced it is diverting its ships away from the Red Sea because of an increased threat of attacks. French company CMA CGM took a similar step a day after Danish...
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Firm Orders Four Methanol-Fueled Bulkers

Firm Orders Four Methanol-Fueled Bulkers

China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry. The 325,000 dwt vessels will be time chartered to Brazilian mining giant...
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Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

The Minister of Marine and Blue Economy, Adegboyega Oyetola has presented a N10.9bn, 2024 budget for his Ministry to the joint House Committees of the Senate on Marine Transport and the House of Representatives Committees on Ports and Harbour, Maritime...
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NNPC, Firm Seal Floating LNG Project Deal

NNPC, Firm Seal Floating LNG Project Deal

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation Limited (NNPCL) for the development of a floating LNG project in Nigeria, target...
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NIMASA Photo News

NIMASA Photo News

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA),  Dr Bashir Jamoh OFR paid a working visit to the Chief of Naval Staff, Vice Admiral E I Ogala in a quest to deepen the relationship between NIMASA and the...
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Firm Welcomes LNG-Powered Containership

Firm Welcomes LNG-Powered Containership

Chinese shipbuilder, Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group. The ship has a total length of 336 meters, a width of 51 meters, a depth of 26.8 me...
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Nestle, Shipping Majors Seal Green Fuel Deals

Nestle, Shipping Majors Seal Green Fuel Deals

Container shipping companies, Hapag-Lloyd and CMA CGM on Thursday revealed that they have entered into collaboration with Nestlé, a Switzerland-based food & beverage company, aiming to advance cleaner shipping. “Nestlé has selected our emissi...
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Shipping CEOs Seek End To Fossil-Only Powered Newbuilds

Shipping CEOs Seek End To Fossil-Only Powered Newbuilds

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory condition...
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Shippers’ Council, Lekki Port To Strengthen Relationship, Boost Trade

Shippers’ Council, Lekki Port To Strengthen Relationship, Boost Trade

The Nigerian Shippers’ Council (NSC) has reiterated its commitment to work with the management of Lekki Deep Seaport as part of measures to promote seamless movement of cargoes. The Executive Secretary and Chief Executive Officer of NSC, Barr....
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FRC Slams N500m Fine On NIMASA Over Financial Report

FRC Slams N500m Fine On NIMASA Over Financial Report

The Financial Reporting Council of Nigeria (FRC), has fined the Nigerian Maritime Administration and Safety Agency’s (NIMASA), the sum of N500 million over misstatement in its audited financial statements for the year ended December 31, 2018. According to FR...
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At IMO General Assembly, Oyetola  Reiterates FG’s Commitment To  Reposition Maritime Sector 

At IMO General Assembly, Oyetola  Reiterates FG’s Commitment To  Reposition Maritime Sector 

Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola has restated the commitment of President Bola Ahmed Tinubu’s administration to reposition the nation’s maritime sector in line with its agenda for economic growth and developme...
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Agency Partners DP World On Maritime Logistics

Agency Partners DP World On Maritime Logistics

The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based port developer and operator, to advance decarbonization solutions for ports and maritime logistics. Through the agreement, the two organizations w...
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Oyetola In London, To Address IMO General Assembly 

Oyetola In London, To Address IMO General Assembly 

Nigeria’s Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola has arrived in London, the United Kingdom where he will lead the country’s delegation to the 33rd session of the International Maritime Organisation (IMO) General Assembly taking...
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