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Daily Archives: May 2, 2019

Senate Committee seeks waivers to decongest Lagos ports

Senate Committee seeks waivers to decongest Lagos ports

The Senate Committee on Works has called for a multi-sector approach between the Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS), and Nigerian Maritime Administration and Safety Agency (NIMASA), to give waivers to encourage the use of other Eastern ports ...

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NIMASA extends CSR to flood ravaged areas

NIMASA extends CSR to flood ravaged areas

As part of its Corporate Social Responsibility (CSR), the Nigerian Maritime Administration and Safety Agency (NIMASA), continued with the donation of relief materials to victims affected by flood and other disasters across the country. The Agency took the exercise to ...

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Vessels sales hit $121.9 in one week, as firms count earnings

Vessels sales hit $121.9 in one week, as firms count earnings

New records from VesselsValue, an international maritime research firm, have revealed that shipping companies spent about $121.9 million on 12 new vessels in the last one week. The data obtained by media source recently, showed that vessels purchased between April ...

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DPR approves one-million-barrel onshore terminal for Otakikpo marginal field

DPR approves one-million-barrel onshore terminal for Otakikpo marginal field

The Department of Petroleum Resources (DPR), has approved the construction of a one-million-barrel capacity onshore terminal at the Otakikpo marginal field in OML 11, being operated by Green Energy International Ltd. (GEIL). Chairman of GEIL, Prof. Anthony Adegbulugbe, who disclosed this in ...

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