Maritime

14 ships arrive Lagos ports with petrol, others

Jan 14, 2019

The Nigerian Ports Authority (NPA), on Monday, said 14 ships had arrived at the Apapa and Tin-Can Island ports, Lagos, and were discharging petrol and other products. Three of the vessels are discharging petroleum products, while the other 15 ships are discharging buckwheat, frozen fish, bulk salt, containers, general cargo, diesel, bulk sugar and aviation…

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Nigeria lost $2.8bn to oil related crimes in 2018 – UN report

Jan 8, 2019

The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General on the activities of the United Nations Office for West Africa and the Sahel’ on Monday in New York. The report, which covered from July…

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Samsung eyes future opportunities in Nigeria following Egina FPSO project

Jan 8, 2019

With the successful completion of the Egina Floating Production Storage Offloading (FPSO) unit and the achievement of First Oil in the facility, Samsung Heavy Industries, together with partners, could be justified in spending time looking back with pride. According to a statement by the company at the weekend, the completion of the largest floating oil…

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Ensco ultra-deepwater drillship gets Shell extension offshore Nigeria

Jan 7, 2019

Ensco Plc has issued an update on its offshore drilling rig fleet. Offshore Nigeria, in particular, Shell has awarded a one-year contract extension to the high-spec ultra-deepwater drillship ENSCO DS-10. The ENSCO DS-10 commenced work with Shell offshore Nigeria in the first quarter 2018. The contract duration was originally for one year and includes five…

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18 ships laden with petrol waiting at Lagos ports

Dec 28, 2018

The massive importation of petroleum products better explained how the Federal Government avoided fuel scarcity this Yuletide season, even as 18 more ships laden with Premium Motor Spirit (PMS) also known as petrol, are currently waiting at the Lagos ports to discharge products. It was gathered that eight of those vessels had arrived Nigerian shores…

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LADOL Free Zone bags ISO certification

Dec 19, 2018

LADOL Free Zone’s logistics company has been awarded International Organisation Standardization, ISO 9001:2015 and 45001:2018+14001:2015. LADOL is the first company in West Africa to meet this standard. The certification reflects LADOL’s success built on hard work, consistency, long-term planning and sustainable business practices. Being the first company in Nigeria to achieve the new ISO 45001:2018…

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Ship owners tackle NNPC over crude lifting

Dec 19, 2018

Despite the enactment of the Nigerian Content Act and its introduction into the oil and gas sector in 2013, significant changes have not been recorded in the nation’s coastal shipping business due to resistance from the Nigerian National Petroleum Corporation (NNPC).   Challenges For more than three decades, Nigerian shipping companies have met a lot…

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NCDMB releases list of profitable vessels for Nigerian shipowners

Dec 16, 2018

The Nigerian Content Development and Monitoring Board has identified the types of vessels that local operators in the shipping business should purchase that can guarantee good business and return on investment. The Executive Secretary, NCDMB, Simbi Wabote, stated this in Lagos on Tuesday, during the Shipowners Association of Nigeria’s annual workshop and dinner. Speaking at…

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Court prevents LADOL from ejecting Samsung over Egina FPSO

Dec 12, 2018

A Lagos State High Court sitting in Igbosere has granted an interlocutory injunction restraining Global Resources Management Limited and LADOL from ejecting Samsung Heavy Industries (SHIN) Nigeria Limited and its subsidiary, SHI-MCI FZE, from the free zone in Lagos pending the delivery of the judgment to the substantive suit on January 25, 2019. The presiding…

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Pirates board offshore vessel en route to Egina

Dec 11, 2018

An offshore vessel was attacked and boarded by pirates on Tuesday while on its way to an FPSO offshore Nigeria. An EOS Risk Group analyst shared a social media post on Tuesday, according to which the pirates boarded the Saavedra Tide offshore support vessel while the vessel was on it way from the Abo field…

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