Tag: Nigerian Shipping

Coastal, Deep sea Oil & Gas Shipping: Indigenous Shipping Trade Group seeks stake in Nigeria’s oil cargoes

Aminu Imam
Indigenous Shipping Group seek

The Shipping Trade Group  (STG) have sent petition to President Tinubu for intervention  on alleged economic sabotage by top NNPCL officials for collecting a minimum of $20 US Dollar as kickbacks, tagged as commissions  on each barrel of crude oil from foreign ship owners for freighting the export of Nigerian crude oil cargoes and import of fuel products, thereby killing the development of indigenous shipping in Nigeria. According to a chieftain of the Association of Nigerian Licensed Customs Agents, Kayode Fatinto, foreigners control over 90 percent of the nation’s shipbuilding…

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Illegal Crude Oil Shipping: Security agencies accuse FG MDAs, foreign local oil companies of collusion

Aminu Imam

Security agencies have accused some Ministries, Department and Agencies (MDAs), including oil companies and communities in the Niger Delta, of colluding to steal the country’s oil. The security agencies said this when they appeared before the House of Representatives ad-hoc committee investigating crude oil theft and loss of revenue accrued from oil and gas in Abuja on Thursday. A representative of the Nigerian Army, Gabriel Esho, a Brigadier-General, who is in the army’s Department of Operations, said actors responsible for oil theft are often encouraged by the agencies of the…

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Apapa Port receives largest container carrier

Aminu Imam

Lagos Port Complex, Apapa, said it received the largest container carrier in its history with the berthing of a 300m length overall vessel, named: ‘Kota Cantik’ at the port. The Port announced this in an issued statement yesterday. The statement said that the unprecedented development is a testament to the commitment of the Mohammed Bello-Koko-led management of the Nigerian Ports Authority to sustain investment in port infrastructure and equipment that enable operational excellence. The statement read in part: “The vessel, christened Kota Cantik, which is translated to mean “beautiful point,”…

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