Shipping & Maritime

The federal government has revealed that it has proposed a $1 billion investment for the rehabilitation of  the nation’s sea ports. The Minister of Marine and Blue Economy, Gboyega Oyetola, said the government has not achieved the maximum benefits to be derived from…

The Nigerian Ports Authority has said that its annual revenue grew to N501bn in 2023 from N361bn in the prior year. The Managing Director of NPA, Mohammed Bello-Koko, in a statement on Thursday, attributed the revenue growth to the implementation of performance improvement…

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Pius Akutah, has announced that all service providers and users are required to register and obtain certification to be recognized as legal operators in all the seaports in Nigeria. The CEO…

The Lagos State Government says the first Liquefied Natural Gas (LNG)-powered container vessel to sail to West Africa berthed at the Lekki Freeport Terminal, Lagos Free Zone, Ibeju Lekki, on Monday. Governor Babajide Sanwo-Olu, who welcomed the ‘CMA CGM Scandola’ vessel, the Lekki…

The Nigerian Ports Authority (NPA) has urged the comptroller general of Customs, Adewale Adeniyi, to collapse the export desk in various commands to strengthen the designated export command at Lilypond. Mohammed Bello-Koko, the managing director, NPA, made the appeal when Adeniyi paid him…

The Nigerian Ports Authority (NPA) has announced the berthing of the largest container carrier to sail on Nigerian territorial waters. According to the Authority, the vessel christened ‘Maersk Edirne’, berthed at the Lekki Deep Seaport on January 21, 2024. In a statement, the NPA…

Nigerian Ports Authority (NPA), yesterday, stated that INTELS Nigeria Limited waived $193 million as part of efforts to resolve stalemate on pilotage contract with the Federal Government. The agency explained that the agreement was struck in the spirit of national interest, adding that…

Members of the Maritime Workers Union of Nigeria (MWUN) have shutdown the Tin-can Island Port, Apapa, Lagos in compliance with the nationwide strike by the organized labour. The strike is coming on the instructions of the Nigeria Labour Congress (NLC) after its national…

The Nigeria Customs Service (NCS) has adjusted the exchange rate for cargo clearing at the port to N783.174/$ from N770.88/$, according to the information obtained from Customs’ official website. This is the second exchange rate adjustment the port industry is witnessing five months…

The management of the Lekki Deep Seaport has announced that Rimbaud has become the first transshipment vessel to berth at the port. Making this known in a series of tweets on Friday, the port management said the ship operated by CMA CGM, has…