Tag: Maritime
EU to Belgium, France: Abolish tax exemptions for Ports
The European Commission has asked Belgium and France to abolish the corporate tax exemptions granted to their ports, so as to align their tax regime with EU state aid rules. In Belgium, a number of sea and inland waterway ports,...
How to harness huge economic potentials in African seas, oceans, by NIMASA DG, others
To commemorate this year’s “Africa Day of Seas and Oceans”, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has explained that Africa seas and oceans possess huge economic opportunities that...
NIMASA begins 24 hour turnaround time for issuing debit notes
In compliance with the Presidential directive on the resumption of 24 hour port operations in Lagos ports, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a 24 hour turnaround time for analysing cargo manifests and issuing Debit N...
Haastrup, Agbor, others to brainstorm on Nigerian Port Reforms at Taiwo Afolabi maritime conference
The second edition of the Taiwo Afolabi Annual Maritime Conference will hold on Friday, August 4, 2017 at the University of Lagos. The conference, held in honour of Dr. Taiwo Afolabi, Group Executive Vice-Chairman, SIFAX Group, is an initiative of...
Panel blames shipping firms, terminal operators, others for alleged N30tri fraud at seaports
The Nigerian Senate Joint Committee on Customs and Marine Transport investigative panel on Thursday accused some commercial banks, shipping firms, terminal operators of allegedly conniving with some officials of Customs and Nigeria Port Authority (NPA) to de...
COSCO forecasts 50 % drop in profit
Hong Kong-listed COSCO Shipping Energy Transportation forecasts a drop in profit for the first six months of this year of up to 57 percent year-on-year. Specifically, the group’s net profit attributable to the equity holders is expected to range between...
Samsung wins conditional deal for vessel pair
South Korean shipbuilder Samsung Heavy Industries (SHI) revealed it has inked a shipbuilding contract for two vessels with an unnamed shipowner. As informed, the contract value is KRW 271 billion (around USD 242 million). The agreement remains conditional a...
Rolls-Royce Inks service deal for 74 Vessels
UK-based engineering company Rolls-Royce has signed a three-year service agreement with Siem Offshore and Subsea 7 covering a total of 74 offshore vessels. Under the deal, Rolls-Royce will maintain and service all of the equipment it has delivered to the two....
NPA probes Calabar fire outbreak, condoles families, Cross River Govt
The management and board of the Nigerian Ports Authority (NPA) on Monday condoles the Cross River State Government and families of people who lost their lives in the fire incident which occurred at the Linc Oil and Gas tank farm...
Dakuku: Integrity is the bedrock of success in politics
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged Christian youths to embrace the biblical principles of honesty and integrity, which he described as the bedrock to success in politics and go...
2015: Importation of consumables, household items into Nigeria gulps N7tri
The Minister of State for Industry, Trade and Investment, Mrs. Aisha Abubakar has said the sum of about N7 trillion was spent on the importation of consumables and household items into Nigeria in 2015. In her address in Kano on...
Dakuku seeks support for marine ecosystem
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the need for concerted and collaborative efforts of all stakeholders towards the conservation and sustainable use of ocean resources for t...