High hopes as NIMASA begins construction of dockyard

The Nigeria Maritime Administration and Safety Agency (NIMASA) has announced its readiness to begin the construction of a dockyard and a shipyard in Okerenkoko...

NIMASA cautions firms against polluting ports

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned shipping companies against polluting the ports. It said it had adopted best practices to protect...

FG sues Agip, Total for $635m over undeclared oil cargoes; Chevron, Exxon next

The cash strapped Nigerian Federal Government is  demanding $635million from two multinational oil companies, Agip and Total for undeclared crude oil shipped out of the...

Arco Marine procures N3b boats for oil firms

Arco Marine and Oil field Services Limited, a subsidiary of the Arco Group has procured two boats specifically built to service oil firms operating in the...

Nigerian October crude cargoes clearing steadily

Traders said on Monday that the number of unsold Nigerian crude cargoes for October loading is getting steadily smaller due to robust demand, amid...

FG to forward four maritime bills to National Assembly — Jonathan

President Goodluck Jonathan has said that the Federal Government will soon forward four maritime bills to the National Assembly for consideration and passage into...

Nigeria’s cash-strapped FG increases oil swaps to reduce petrol shortages

Nigeria is set to ramp up the amount of crude oil it swaps for vital petrol imports by more than a third as a more...

Cabotage waiver: Foreign ship owners fuel capital flight in Nigeria – Japaul boss

A major operator in Nigeria’s maritime industry and the oil and gas sector has expressed fresh fears that the continuous granting of Ministerial Waiver...

New opportunity for indigenous ship-owners to lift crude oil

The announcement by the federal government according indigenous shipping companies the right to be involved in crude oil carriage is no doubt a cheering...

Court upholds shippers’ right to sue on Cabotage Act violation

The Federal High Court in Lagos on Friday upheld the right of any ship owner in Nigeria to challenge any violations of the Cabotage...

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