Port concessionaire acquires more equipment to enhance operations

One of the concessionaires in the nation’s seaports, Ports and Cargo Limited, has acquired more equipment to enhance its operations. The firm, which is one...

Nigeria loses N24bn annually to vessel delay – Report

The cost of doing business at the nation’s ports remains high despite the reduction in the number of security agencies operating there from 14...

Offshore supply vessel operations face increased piracy threats off Nigeria

Offshore supply vessel operations off Nigeria will continue to face increased threats from maritime criminals engaged in cargo theft, robbery and kidnapping in the...

Pirates release fuel tanker hijacked off the coast of Nigeria

Gunmen have released a fuel tanker which was hijacked off the coast of Nigeria, security sources and the vessel’s manager said on Wednesday. Indian-based managers...

Youths give Warri Refinery 2 week ultimatum over kerosene

Amalgamation of Oil Producing Communities Youths, AOPCY, has issued a two-week ultimatum to the Depot Manager, Warri Refinery, Delta State, Engr. Ali Abdallah, to...

Indigenous ship owners decry govt’s failure to enforce Cabotage Act

The Indigenous Ship Owners Association of Nigeria(ISAN) has deplored the Federal Government’s inability to enforce the Coastal and Inland Shipping Act 2003 (Cabotage Act) to...

Pre-shipment inspection agents contract extended

The contract for the six pre-shipment inspection agents(PIAs) for the exportation of petroleum products has been extended by one year by the Federal Government....

Federal Government blamed for corruption in ports

A group, Save Nigeria Freight Forwarders, Importers and Exporters Coalition (SNFFIEC), has berated the Federal Government for not allowing Nigerians to reap the benefits of...

Oando to build more mega stations around the country

Oando Marketing Plc, a subsidiary of Oando Group, is repositioning its fuel retailing with the construction of mega filling stations across the country. The petroleum...

Indigenous operators kept in suspense over president’s approval of ship fund

Local shipping industry operators are kept in suspense as they await the decision of President Jonathan over who benefits from the repackaged Cabotage Vessel...

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