Lagos Ports Await 25 Vessels Laden With Fuel

shippers
  • Lagos Ports Await 25 Vessels Laden With Fuel, Others

No fewer than 25 vessels are expected to arrive at the Lagos pilotage district with various cargoes, including petroleum products, wheat, salt, and fish and a host of others.

This is coming on the heels of another two motor vessels carrying fertiliser and fish; and another one motor vessels with Premium Motor Spirit (PMS) otherwise known as petrol and F/fish are waiting to berth at the Lagos ports.
With inflation at 11 year high of 18.55 percent, the cargoes are essential commodities, which arrivals will their boost availability in the market and hold prices steady.

The Nigerian Ports Authority (NPA), which revealed these in its shipping position on Monday, said the three motor vessels were currently at ENL port, while the petroleum-laden ship is at PWA port with 15000 metric tonnes of PMS.

The fuel, which is expected to boost supply in the downstream market is yet to be cleared for discharge, as the cargo is labeled Customs release not applicable (CRNAPP).

Meanwhile, the 25 other ships that are expected in the Lagos pilotage district were scheduled to start arriving from January 13 to 28th, 2017.

The vessels expected include; Green Guatamela; Pretty Lady; Orwell; Zante; Arcadia; Jin Sha Ling; Oceaneagle; Desert Victory; Mol Dedication; Jonathan Swift; Safmarine Chambal; HS Debusy; SafmarineChachai; Rossini; Quadriga; Autumn E; Solstice N and Maersk Cairo and a host of others.

Petroleum products, such as PMS, Automated Gas Oil (AGO), Jet A1 and base oil are leading the expected cargoes, while other products such as F/Fish, B/Salt, B/Gypsum and wheat, and many others are being imported.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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