Shipping & Maritime

DHL To Stop Global Shipments Worth Over $800 To US Consumers

Global shipping giant DHL will “temporarily” suspend the shipping of parcels worth more than $800 from businesses to individuals in the United States as of Monday, the company said, citing delays in US customs clearances. “As a result of recent US Customs regulatory…

2 days ago

Foreign Insurers Impose $525,000 WRI on Nigerian-bound Vessels – NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has lamented that foreign insurers impose a war risk insurance (WRI) charge of $445,000 per voyage for a very large crude carrier (VLCC) valued at $130 million plying Nigerian waters and $525,000 per voyage…

02/04/2025

32 Years After, NPA Jerks Up Tariffs, Fees by 15 per cent

The Nigerian Ports Authority (NPA) has announced a 15 percent increase on all its tariffs and fees across board. The increment, the Authority says, is coming after 32 years of such increase. The increase is expected to lead to high cost of Port services …

10/02/2025

Nigeria Proposes $1bn For Rehabilitation Of Ports

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…

16/03/2024

NPA Generated N501bn Revenue in 2023 – Bello-Koko

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…

08/03/2024

Online Registration Now Mandatory For Regulated Port Service Providers/Users – NSC

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…

10/02/2024

‘Largest’ LNG-Powered Vessel Arrives Lagos

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…

30/01/2024

NPA Seeks Collapse Of Export Desk In Customs Commands

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…

29/01/2024

‘Largest’ Container Vessel Berths At Lekki Seaport – NPA

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…

22/01/2024

INTELS Waived $193m Debt to Resolve Pilotage Crisis – 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…

04/12/2023