Maritime

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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NIMASA begins process to end vessels’ greenhouse gas emissions

May 16, 2019

The Nigerian Maritime Administration and Safety Agency (NIMASA) last Friday held inaugural installation of the Thorium-X tablet, a fuel consumption data collection device, on board a Nigerian-flagged fuel tanker vessel, MT KINGIS, commencing the process of ending green-house gas (GHG) emissions on vessels.  The pilot project, which came as fallout of the Maritime Technology Cooperation Centre…

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Indigenous shipping businesses suffer as NNPC dominates downstream sector

May 16, 2019

The fortune of local shipowners has gone from bad to worse following the Nigerian National Petroleum Corporation’s domination of the downstream petroleum sector of the economy. Our correspondent gathered that business has been dull for local operators in the local shipping sector since the NNPC moved from importing 90 per cent of petroleum product to…

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NIMASA preparing for transition away from oil to renewable energy – DG

May 14, 2019

The Nigerian Maritime Administration and Safety Agency (NIMASA) has emphasised its readiness to develop policies that will see to a smooth transition from the regime of intense wet cargo operations, which is the major source of income for the maritime sector in Nigeria, to the inevitable era of renewable energy which may see less activities in…

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NIMASA partners INTERPOL on fresh strategy against crimes at sea

May 8, 2019

In a bid to sustain the reduced rate of criminal activities on the nation’s coastal and territorial waters, the Nigerian Maritime Administration and Safety Agency, NIMASA, and the International Police Organization, INTERPOL, have commenced partnership in the fight against crimes at sea. Disclosing this in Lagos during a visit by a team from the INTERPOL…

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Pirates kidnap six crew members from tanker offshore Nigeria

Apr 24, 2019

The International Maritime Bureau’s Piracy Reporting Centre confirmed Wednesday that six crew members were kidnapped from an anchored tanker off the coast of Bonny Island, Nigeria last week. The incident occurred April 19 at around 1430 local time as the ship was anchored at the Bonner Outer Anchorage. The report said the tanker was boarded…

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