Nigeria’s maritime sector is facing a annual loss of approximately N1 trillion ($1 billion) due to inadequate infrastructure, according to shipowners in the country. This alarming...
The proposed establishment of the Maritime Development Bank of Nigeria (MDBN) has been shelved for the Regional Maritime Development Bank (RMDB), which is the brainchild of...
As part of directives for Federal Government revenue collecting institutions to remit proceeds for national development, the Nigerian Maritime Administration and Safety Agency (NIMASA) remitted a...
Ship Owners Are Paying Illegal $36,000 Per Month for Secure Anchorage in Nigeria Mr. Rotimi Amaechi, the Minister of Transportation, on Thursday said certain people are...
NIMASA to Commence Online Ship Registration In a bid to improve ease of doing business in the maritime sector, the Nigerian Maritime Administration and Safety Agency...
NIMASA Beats Target, Remits N16b to Revenue Fund The Nigerian Maritime Administration and Safety Agency (NIMASA) exceeded target in the first 10 months, according to Peterside...
1st Vessel Berths at Calabar Seaport in 13 Years Calabar Port Complex received its first container vessel thirteen years after it was concessioned. Marguisa Shipping Line’s...
Firm Urges Govt to Boost South-South Cargo Activities The founder and Managing Director of PrimePort Logistics, a Port Harcourt-based logistics company, Mr Femi Adewunmi, has called...
Coastal Trade: Nigerian Operators Fall Behind Amid Challenges The implementation of the Coastal and Inland Shipping (Cabotage) Act is being hampered by the myriad of challenges...
Shipping Firms to Slash Overtime Cargo Charges by 90% Shipping firms and terminal operators have agreed to waive demurrage charges on overtime containers by up to...