Maritime

CAMAC secures FPSO ARMADA PERDANA for up to seven years offshore Nigeria

Jan 8, 2014

CAMAC Energy has announced that a letter of intent (‘LOI’) has been signed regarding terms and conditions of a long-term agreement for the floating, production, storage, and offloading system (‘FPSO’) ARMADA PERDANA. The signed LOI provides for an initial term of five years beginning January 1, 2014, with an automatic extension for an additional term…

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‘NIMASA should learn from content development fund’

Jan 8, 2014

While shipping operators in the maritime sector are battling with high interest rate for loans collected from banks and failed promises for assistance in that regards from the Nigerian Maritime Administration and Safety Agency (NIMASA), their counterparts in the oil and gas sector are benefiting from a scheme by the Nigerian Content Development Monitoring Board…

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92 ships to arrive Lagos ports in January, says NPA

Jan 7, 2014

A total of 92 ships are expected to berth at the Lagos ports starting from yesterday to January  30. The Nigerian Ports Authority (NPA) announced the ‘Shipping Position’ in a statement made available to the News Agency of Nigeria (NAN) on Monday in Lagos. According to the statement, 20 of the ships are loaded with…

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Terminal operators pledge support for new risk management regime

Jan 6, 2014

Concessionaires under the aegis of Seaport Terminal Operators Association of Nigeria (STOAN) has pledged to provide necessary support to the Nigeria Customs Service (NCS) to ensure hitch-free implementation of the new import assessment and risk management regime. This comes four weeks after the NCS took over implementation of the Destination Inspection Scheme (DI), and introduced…

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NIMASA seeks speedy trial of maritime cases

Jan 6, 2014

The Nigerian Maritime Administration and Safety Agency (NIMASA) has appealed to judicial and legal officers to aid the agency through timely prosecution of persons involved in illegal activities in the nation’s territorial waters. The Director-General of the agency, Mr. Ziakede Patrick Akpobolokemi spoke while declaring open the Fifth Strategic Admiralty Seminar for Judges, organised by…

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3 Nigerians, 4 Cameroonians arrested for oil theft

Jan 6, 2014

Commander, Nigerian Navy, NNS Jubilee, in Ikot Abasi, Akwa Ibom, Commodore Isaac Ogbole, weekend, said the command had arrested seven persons, including four Cameroonians, believed to be oil theft suspects. The four Camerounians arrested were identified as Elias Mume, Lappa Bamileke, Fabian Lemonmu and Meluis Amah. Their Nigerian accomplices were Emeka Igbokwe, Michael John and…

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Nimasa vows to curb crude oil theft in 2014

Jan 4, 2014

The increasing criminality in Nigeria’s territorial waters such as illegal bunkering, crude oil theft, smuggling, and piracy would be effectively curbed in the next one year. Lt-Col. Abu Kefas (rtd), Chairman of Nigeria Maritime Administration and Safety Agency, NIMASA, board, made the pledge while speaking with newsmen, on Tuesday in Jalingo, Taraba State. He said…

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2013: Marked policy changes defined Maritime

Jan 3, 2014

Nigeria’s maritime industry in the 2013 fiscal year was to a very high extent very eventful. This is both in terms of introduction of critical policies that would shape the direction of the economy and also policy summersaults that cut across the nation’s economic landscape. The Federal Government more than ever before continued to demonstrate…

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Piracy situation risk assessment, January 2014

Jan 2, 2014

In December the reported criminal activity against shipping was one of the lowest in 2013. Two crew members have been abducted near Nigeria on 18.12. and there is no news on them in public media since then. Probably the negotiations over the ransom are ongoing. There were also two serious attempts of hijacking in Gulf…

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Nigeria bottlenecks will divert more cargo to Togo, Ghana, Benin in 2014

Jan 2, 2014

Analysts reviewing the maritime industry in the past year and predicting the outlook for 2014, foresee that  Nigerian ports will witness a drastic drops in the number of vessels  bringing  in cargoes. The implication they say, is that the volume of importation into the country will also witness a significant drop, as importers of containerised…

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