Maritime – Page 73 – City Business News

February 17, 2023 No Responses

NAVY ARREST VESSEL, HANDS OVER TO NIMASA

The Nigerian Navy has handed over a Tanker vessel “MT Sea Eunice” which was arrested on August 11, 2022 to the Nigerian Maritime Administration and Safety Agency (NIMASA). The vessel is presently located along Escravos River, close to the Aroton community. The...

February 16, 2023 No Responses

FEC Approves Electronic Cargo Tracking Scheme

The Federal Executive Council (FEC) has approved the introduction of an Electronic Cargo Tracking Note Scheme for the country. Briefing Journalists at the end of the Council meeting presided over by President Muhammadu Buhari on Wednesday in Abuja,&...

February 16, 2023 No Responses

Bidding Process For Benin Port Begins

The Federal Ministry of Transportation (FMOT) and the Nigerian Ports Authority (NPA) in collaboration with the Edo State Government, have called for bids for the development of the Benin Port (on an area of approximately 20 hectares) under a public-private...

February 14, 2023 No Responses

SNEPCo’s Bonga FPSO Hits 1b Barrel Milestone

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday. The Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Mrs Elohor Aiboni, explained in a statement t...

February 14, 2023 No Responses

Ports & Cargo Launches Graduate Training Scheme

Ports & Cargo Handling Services Ltd. (PCHS), a subsidiary of SIFAX Group has inducted 25 young engineers into its newly-established Graduate Trainee Programme. Managing Director, PCHS, Mr John Jenkins, in a statement on Monday explained th...

February 12, 2023 No Responses

CIECOBON At Shippers’ Council, Harps On Nigerian Exports

The Chartered Institute of Export and Commodity Brokers of Nigeria (CIECOBON) has urged the Federal Government through the Nigerian Shippers’ Council (NSC) to establish an export-specific port to further encourage exports. The President/Council Chairm...

February 11, 2023 No Responses

Ministry Of Transportation Inaugurates N300.67m Projects At Seme Border

The Federal Government on Friday inaugurated three projects executed by the Federal Ministry of Transportation worth N300.67 million at the Seme-Krake Joint Border Post, Lagos. Inaugurating the projects, Prince Ademola Adegoroye, the Minist...

February 11, 2023 No Responses

NPA Photo News

February 9, 2023 No Responses

Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization

Foremost Container shipping heavyweight, A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company reported solid performance across all its bu...

February 8, 2023 No Responses

CBN Disburses N1b To Banks In Edo

The Central Bank of Nigeria, CBN, on Tuesday, disclosed that over a billion naira has been disbursed to Edo State in a span of three days to cushion the hardship faced by customers in accessing redesigned naira notes. Director, Risk...

February 8, 2023 No Responses

Korean Envoy Harps On African Continent’s Blue Economy Potentials

The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong has described Nigeria as the gateway to unlocking the potential of the African Continent’s Blue Economy. Choi Yeong, who made the assertion during a courtesy cal...