Tinubu To Commission Funtua Inland Dry Port

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Shippers’ Council, Rebecca Adamu, in a...
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Firm Orders Six Cargo Ships

Firm Orders Six Cargo Ships

French sailing freight transport company, TransOceanic Wind Transport (TOWT) has ordered six additional vessels from compatriot shipbuilder Piriou. The newbuilds are expected to debut in 2026 and 2027, TOWT said. The order comes as the company prepares to comm...
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Shippers Council Thrift Society Declares N70.9m Dividend For 2023

Shippers Council Thrift Society Declares N70.9m Dividend For 2023

The Nigeria Shippers Council (NSC) Staff Multipurpose Cooperative Society Limited has declared N70.9million (N70,927,361.19) dividend and net surplus of N141.9million (N141,854,723.73) for the fiscal year 2023,  compared to net surplus of N88.9millio...
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Seaports Unveil Top Nine Priorities

Seaports Unveil Top Nine Priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong...
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Maersk debunks $600m Investment In Nigeria

Maersk debunks $600m Investment In Nigeria

The management of AP Moller-Maersk has debunked report that it is planning to invest $600 million in Nigerian seaport infrastructure. The Nigerian Government through a statement had claimed that the Danish shipping conglomerate promised to bring an additional ...
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Grimaldi Takes Delivery Of 4th Multipurpose RoRo For West Africa

Grimaldi Takes Delivery Of 4th Multipurpose RoRo For West Africa

Italian shipping company Grimaldi has taken delivery of Great Abidjan, the fourth ship in a series of six multipurpose roll-on/roll-off (RoRo) units belonging to the new G5 class. Following the delivery, Great Abidjan will soon be transporting rolling freight ...
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Shippers Council Registers 160 Port Operators

Shippers Council Registers 160 Port Operators

The Nigerian Shippers Council (NSC) has enrolled 160 port stakeholders into its Regulated Port Service Provider and Users platform since the initiative began in 2023.  The Executive Secretary of NSC, Mr Pius Akutah, made the disclosure to the News Agency....
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Court Frees Ex-NIMASA DG Over Alleged ₦8.5b Fraud

Court Frees Ex-NIMASA DG Over Alleged ₦8.5b Fraud

The Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, over an alleged ₦8.5bn fraud brought against him by the Economic and Financial Crimes C...
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Afolabi Foundation To Award 2000 Scholarship In 2024

Afolabi Foundation To Award 2000 Scholarship In 2024

The Ajoke Ayisat Afolabi Foundation (AAAF), the philanthropic arm of SIFAX Group, has set a target of awarding a scholarship to 2,000 indigent students across the country in 2024.According to Foluke Ademokun, Executive Coordinator, AAAF, while speaking on the ...
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NPA, Customs Harp On Efficient Export Process

NPA, Customs Harp On Efficient Export Process

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, who was recently named by President Bola Ahmed Tinubu as a member of the Implementation Committee of the National Single Window Project, on Thursday met with the Comptroller General of...
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NPA Secures $700m Citibank Loan

NPA Secures $700m Citibank Loan

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report that the loan is to...
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Shippers Council To Enforce Registration For Port Service Providers

Shippers Council To Enforce Registration For Port Service Providers

The Nigeria Shippers Council is to enforce registration for port service providers and users who have failed to register on the council’s online portal by the third quarter of 2024.The Executive Secretary of the NSC, Barr. Pius Akutah disclosed this...
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Maritime: Singapore Retains Position As World’s Top City

Maritime: Singapore Retains Position As World’s Top City

Singapore has retained its position as the leading maritime city in the world, followed by Rotterdam and London, according to the 2024 Leading Maritime Cities (LMC) report. The city-state, with its large owned and managed vessel fleets, strategic geographic ad...
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Shell Sues FIrm As NLNG Risks Sanctions From UK Court

Shell Sues FIrm As NLNG Risks Sanctions From UK Court

FOLLOWING restriction of Liquefied Natural Gas (LNG) supply to its customers, Shell Plc has made claims against Venture Global LNG(VGL), a United States-based LNG exporter, for its breach of contract to supply LNG cargoes.Also, Nigeria LNG may risk sanctions f...
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