Nigeria set to migrate from FOB to CIF for its crude trading

Mar 5, 2019

The Nigerian Maritime Administration and Safety Agency has said that it achieved a level of success on the discussion around the migration from Free On Board to Cost, Insurance and Freight trade terms for the nation’s crude oil. The agency added that this migration would enable indigenous shipowners and the economy benefit from the nation’s…

Read More

88 piracy attacks recorded in Niger Delta over one year – NSC

Mar 4, 2019

The Executive Secretary of the Nigerian Shippers’ Council, Mr Hassan Bello, has said in the Niger Delta, there were 88 piracy attacks on ships entering Nigeria in the space of one year. Bello reportedly said this while on a courtesy visit to the office of the Chief of Naval Staff, Rear Admiral, Ibok –Ete Ibas…

Read More

Nigeria sees fuel imports drop as 26 vessels sail to Lagos before mid-March

Mar 2, 2019

Petroleum products imports into Nigeria, slumped as just one of the 26 vessels expected into the Lagos ports between now and March 11, is conveying premium motor spirit (PMS). Latest Shipping Position released by the Nigerian Ports Authority (NPA), and obtained by The Guardian yesterday, showed that only one vessel (MV Joyce), is conveying PMS,…

Read More

34 Pirate Ship attacks recorded in 2018 – Navy

Feb 27, 2019

The Nigerian Navy has said that it recorded about thirty-four (34) pirate ship attacks in 2018, stating that evasive maneuver from the legal regime have been the bane in the fight against oil theft prosecution. Director of Training and Operation, Rear Admiral Mackson Makonju Kadiri stated while delivering 2018 scorecard of the Nigerian Navy at…

Read More

Chevron distances self from contractors row with maritime workers

Feb 25, 2019

Chevron Nigeria Limited has advised the Maritime Workers Union of Nigeria to direct issues concerning employees of its contractors to the contractors themselves, saying that it does not interfere in the internal matters of its contractors. The oil giant was responding to a 21-day ultimatum by the MWUN, directing it to make available a list…

Read More

23 ships carrying petroleum products, others expected at Lagos ports

Feb 23, 2019

The Nigerian Ports Authority (NPA) yesterday disclosed that it is expecting 23 ships bringing in petroleum products and other goods between today and February 28, 2019 at the Apapa and Tin Can Island Ports. The NPA in its daily publication, “Shipping Position’’ also disclosed that two of the 23 ships will sail in with petrol.…

Read More

Nigeria’s Navy declares loss of 277,040 barrels of crude, others

Feb 13, 2019

The Nigerian Navy, said that the nation lost over a whopping 277,040, barrels of crude oil through illegal oil bunkering activities in 2019. This was as the nation also lost about 223.1million liters of Automated Gasoline Oil(AGO), and 1.2million liters of Dual Purpose Kerosene(DPK), at the same time. Chief of Training And Operations (COPP), Rear…

Read More

NIMASA detains LPG ship for breaking cabotage law

Feb 11, 2019

The Nigerian Maritime Administration and Safety Agency, NIMASA, has said it detained a Liquefied Petroleum Gas vessel, MT Navigator Capricorn, for contravening sections of the country’s cabotage Act as part of its efforts at clamping down on vessels that do not comply with the provisions of the Cabotage Compliance Strategy. The agency said in a…

Read More

Nigeria, Denmark to explore investment opportunities in maritime sector

Feb 6, 2019

Nigeria and Denmark have commenced negotiation targeted at increasing investment in the maritime sector in both nations. The Managing Director, Nigerian Ports Authority, Mrs Hadiza Usman, while receiving the Danish Ambassador to Nigeria, Jesper Kamp, said that the Authority was fully committed to providing the enabling environment for business to grow in the nation’s maritime…

Read More

30 fuel vessels, others face delays on Lagos high sea

Feb 1, 2019

The Nigerian Customs Service (NCS) cumbersome documentation process may have delayed about 25 vessels currently stuck on the Lagos high sea, laden with petroleum products, and other goods waiting to berth and discharge the products for domestic consumption. The latest Shipping Position released by the Nigerian Ports Authority (NPA), revealed that the vessels carrying Premium…

Read More


Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...