Maritime

Hijacked C&I Leasing vessel released off Equatorial Guinea

Jun 11, 2019

The C&I Leasing Plc has commended the Nigerian Maritime Administration and Safety Agency (NIMASA), the Nigerian Ambassador to Equatorial Guinea, Ambassador Toko Ali Gongulong, the Defence Attaché, Navy Captain Seyi Oladipo, and the Spanish Navy, for their intervention and timely release of its, MV CHARIS, which was hijacked by sea pirates in Equatorial Guinea. Managing…

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National fleet can help Nigeria lift its crude – NIMASA DG

Jun 6, 2019

Nigeria will be able to lift its country’s crude oil for export immediately the national fleet comes into operation, the Director General of NIMASA, Dr Dakuku Peterside, has said. Dakuku, who was speaking at a media breakfast meeting on the sidelines of the ongoing Nor Shipping Conference and Exhibition in Oslo, Norway, said such an…

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16.6m litres of PMS worth N6.1bn leads May import chart

Jun 5, 2019

A total of 16.6 million litres of Premium Motor Spirit, PMS worth N6.1 billion led the import chart for the month of May, the import statistical chat of the Nigerian Ports Authority, NPA, the shipping position has shown. This represents 12,120 metric tonnes which are 681,840 metric tonnes less than 803,960 metric tonnes imported in…

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Switzerland takes legal action against Nigeria over seizure of oil tanker

Jun 3, 2019

Switzerland has asked an international court to order Nigeria to release a Swiss-flagged oil tanker, its cargo and crew, that have been detained off Port Harcourt for the past 16 months. The Swiss foreign ministry said in a statement sent to AFP that it had appealed on May 21 to the International Tribunal for the…

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FG, Isreali firm to begin deployment of $195m maritime security equipment to curb oil theft in June

May 31, 2019

Deployment of specialised security tools and manpower on the Nigerian maritime domain for safe and secure waters will begin in June, to be completed by first quarter of 2020, immediate past Minister of Transportation, Mr. Chibuike Amaechi, has said. The $195m three-year security contract to the Israeli firm, HLSI Security Systems and Technologies, which was…

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Indigenous ship owners look to engage NNPC on oil exports using large carriers

May 31, 2019

The Shipowners’ Association of Nigeria (SOAN) has expressed readiness to engage the Nigerian National Petroleum Corporation (NNPC) on how the nation can export its crude in Very Large Crude Carriers (VLCCs). The VLCC are the largest operating cargo vessels in the world with a size in excess of 250,000 Dead Weight Tonnage (DWT). These giant…

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FG gets two helicopters, 20 speedboats to beef up maritime security

May 24, 2019

The Federal Government on Thursday announced that it had taken delivery of two helicopters, 20 speedboats and other key equipment needed to secure Nigeria’s waterways. In 2018, President Muhammadu Buhari approved $195m for the purchase of security tools to secure the country’s waters, as well as curb criminal activities in the maritime sector. In his…

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Addax extends contract for Adoon FPSO

May 24, 2019

Malaysian floater specialist Yinson Holdings has received a short contract extension for its Adoon floating production, storage and offloading vessel. Yinson is in talks with Sinopec subsidiary Addax Petroleum over a “Substantive extension” for the FPSO which is stationed at the Antan field off Nigeria. With those negotiations still ongoing, Yinson revealed Thursday Addax had…

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Intels says it is not indebted to NPA, claims it is owed $750m instead

May 22, 2019

Intels Nigeria Limited is not indebted to the Nigerian Ports Authority (NPA), the Management of the oil and gas logistics giant, has said. It said in a statement yesterday that on the contrary, NPA owed it more than $750 million. The logistics firm which responded to what it termed the “termination of its boats pilot-age…

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NIMASA partners Belgium’s Port of Antwerp to boost maritime trade

May 22, 2019

The Nigerian Maritime Administration and Safety Agency (NIMASA), has unveiled plans to partner with the Port of Antwerp in Belgium, to boost trade and encourage foreign direct investment opportunities in the Nigerian maritime sector. Director-General of NIMASA, Dakuku Peterside, disclosed this when he hosted a team from the Port of Antwerp led by the Director,…

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