Vessel – City Business News

October 30, 2026 No Responses

Experts Blame Banks, NIMASA For Delays In Vessel Financing

Maritime experts have blamed regulatory uncertainty, delays in vessel financing and stringent banking requirements for the slow growth of Nigeria’s indigenous shipping industry, calling for urgent reforms to improve access to capital and strengthen local operators.The experts, who spoke at...

March 17, 2026 No Responses

NDLEA Arraigns Vessel, Ten Filipinos

The National Drug Law Enforcement Agency (NDLEA), on Monday, arraigned the vessel MV Nord Bosporus and 10 Filipino nationals before the Federal High Court in Lagos for alleged conspiracy and unlawful importation of 20 kilogrammes of cocaine into Nigeria.The de...

January 2, 2026 No Responses

Customs, NDLEA Intercept 30kg Cocaine On Foreign Vessel At Apapa Port

Operatives of the Nigeria Customs Service (NCS), Apapa Area Command, working in synergy with the National Drug Law Enforcement Agency (NDLEA), have intercepted 30 slabs of cocaine weighing 30.1 kilograms aboard a foreign vessel at the Apapa Port, Lagos.A state...

December 17, 2025 No Responses

NDLEA Secures Court Order To Detain Vessel, 21 Crew

The National Drug Law Enforcement Agency (NDLEA) has secured an order of a Federal High Court in Lagos to detain a ship, its captain and 20 other crew members following the seizure of 25.5 kilograms of cocaine in the hatch...

November 11, 2025 No Responses

Navy Rescues 10 Crew Members From Distressed Vessel

The Nigerian Navy has rescued 10 crew members from a distressed vessel, MV SEMA III, which was en route to Calabar from Malabo, Equatorial Guinea.This is contained in a statement by the Director of Naval Information, Commodore Ayiwuyor Adams-Aliu, on...

October 30, 2025 No Responses

EFCC Arraigns Vessel, Crew For Alleged N12b Oil Theft

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a vessel, MT Ostria, alongside three men before the Ikeja Special Offences Court over the alleged theft of petroleum products valued at N12 billion.The defendants — Raymundo Panaligam...

August 18, 2025 No Responses

Photo News

Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, right, (representing the President) and the Iyaloja-General of Nigeria, Alhaja Folasade Mujidat Tinubu-Ojo at the official naming ceremony of the 40,000 cubic metres (CBM) WAGL Energy Li...

August 1, 2025 No Responses

Nigerian-Owned Container Vessel Berths At Onne Port

The Managing Director, Nigerian Ports Authority (NPA), Abubakar Dantsoho has restated the readiness of the NPA to promote the indigenous ownership of shipping vessels in line with the ‘Nigeria First’ policy of President Bola Ahmed Tinubu.Speaking d...

July 4, 2025 No Responses

NPA Berths First Wholly Nigerian-Owned Container Vessel

To maximize the gains derivable from the African Continental Free Trade Area (AfCFTA), the Nigerian Ports Authority (NPA) on July 2nd, 2025 at 05:05 hours deployed its state-of-the-art marine crafts to berth the first wholly Nigerian-owned container vessel.The...

June 17, 2025 No Responses

Ports & Cargo Welcomes Largest General Cargo Vessel

Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, has recorded a historic milestone with the arrival of IPSARION, the largest general cargo vessel ever handled at its terminal at the Tin Can Island Port, Lagos. IPSARION, a...

May 20, 2024 No Responses

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. BGT was founded in 1989 to provide...

January 23, 2024 No Responses

World’s Largest Car Carrier Debuts

SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji ...

November 12, 2023 No Responses

Firm Boosts Fleet With New LNG-Powered PCTC

Japanese shipping company, Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard, the 77,644 GT vessel...

August 30, 2023 No Responses

JTF Arrest Vessel, 10 Crew Members

THE Joint Task Force Operation Delta Safe (OPDS), on Tuesday arrested an oil vessel MV Ofuoma and 10 crew members conveying alleged illegally refined petroleum products in Rivers. The Component Commander OPDS, Commodore John Siyanbade, who represented the OPDS...