New IMO rule to cost shippers $60billion yearly
There are indications that the new rules by the International Maritime Organisation (IMO) would cost shipping firms additional $60 billion yearly, as the industry tilts towards cleaner fuel for water transport.
House Committee directs NPA, NIMASA, to clarify forex charges
The House of Representatives Adhoc Committee on Review of Pump Price of Petrol last week, directed the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration...
Intels denies sponsoring OGFZA Act amendment
Intels Nigeria Limited has described allegations that it was sponsoring the proposed Bill to amend the Oil and Gas Free Zones Authority (OGFZA) Act as “ridiculous, preposterous and laughable”.
Grimaldi introduces new e-payment options for port users
For easy payment, Grimaldi Agency Nigeria Limited has developed and introduced multiple payment options for port users. The Deputy Managing Director, Grimaldi Agency Nigeria, Nitin Senan......
SIFAX Haulage boss backs enforcement of truck standardisation programme
The Executive Director, SIFAX Haulage & Logistics Limited, Henry Ajetunmobi, has described the new move on enforcement of Minimum Standard of Safety and Road Worthiness (MSSRW) for all trucks entering Nigerian ports....
Concerns as stakeholders call for audit of N9.2b scanners at ports
The sorry state of the ports scanners has continued to raise concerns among stakeholders, who insist that the Federal Government must probe the events that led...
Crude tanker market hit hard by OPEC’s output cut
The predicted influx of new tonnage, combined with the Organisation of the Petroleum Exporting Countries’ (OPEC) production cap and lower levels of refinery throughput are hitting hard on the crude tanker vessel market.
Charkin Maritime buoys capacity building with new Rivers facility
Rivers State Governor, Chief Nyesom Wike has formally unveiled Nigeria’s first ever land ship, MV Rivers Pride to boost capacity development in the maritime sector.
Importers kick against transfer of containers to Ikorodu terminal
Importers under the aegis of the Nigerian Importers Integrity Association (NIIA), has described as unnecessary the move to transfer long-standing (overtime) containers to off-dock facilities especially the Ikorodu Lighter Terminal....