Maritime – Page 75 – City Business News

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 Chairman, Dr Ayobami Omotoso, made the...

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...

February 7, 2023 No Responses

World’s Largest Containership Squeezes Through Suez Canal

Evergreen’s giant 24,000 TEU containership, Ever Acme has transited the Suez Canal while on its maiden voyage from Malaysia to the Netherlands. The ship is the newest addition to Evergreen’s A-type vessel series and can carry over 24,000 co...

February 6, 2023 No Responses

Six Die In Lagos Ship Accident

Contrary to earlier reports, six yet-to-be-identified persons were at the weekend confirmed dead after an accident in a vessel around Atlas Cove, Lagos State. The deceased were said to have been working on the tanker of the vessel identified as...

February 4, 2023 No Responses

G7, EU Announce Price Cap On Russian Diesel

The Group of Seven (G7) industrialized countries, the European Union and Australia agreed to limit the price of Russian diesel on Friday. The new price cap focuses on refined oil products, following up from a previous price cap on Russian...

February 4, 2023 No Responses

CNG Declares 2023 Multinational Maritime Exercise Successful

The Chief Of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Friday said the 2023 multinational maritime exercise in the Gulf of Guinea, codenamed ‘Obangame Express’, was a huge success. Gambo said this during the review of the exercise at...

January 31, 2023 No Responses

NPA Probes Ojuelegba Container Accident

The Management of Nigerian Ports Authority (NPA) has commenced full scale investigation to ascertain the source of container linked to last Sunday accident that clamed nine lives. NPA in a statement obtained by City Business News on Tuesday, commis...

January 28, 2023 No Responses

CNS Flags-Off Obangame Express With Nine Ships, Two Helicopters, Others

The Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, on Friday flagged-off the 13th Obangame Express with nine ships, two helicopters, maritime awareness domain assets and elements of the Special Boat Services (SBS). Gambo flagged-off the maritime exer...

January 27, 2023 No Responses

CBN Unveils Africa-Led Domestic Card Scheme

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local peculiarities. At the event, which was monitored virtually, Emefiele said the new...

January 27, 2023 No Responses

FG Raises Steering Committee For Proposed Ondo, Benin Ports

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports. The inauguration was performed by the Permanent Secretary of the Ministry of Transportation, Dr Magdalen...