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Maritime

Japa!: Four Nigerian stowaways make surprise landing in Brazil

Sopuruchi Onwuka, with agency reports Four men from Nigeria who hid in the rudder of an ocean going vessel with the hope of reaching Europe ended up in Brazil where authorities gave them a surprise rescue after surviving harrowing two…

Iran seizes one oil tanker, chased away from two

Sopuruchi Onwuka It has been a busy week for the United States Navy in the Persian Gulf where it was struggling to ward off relentless Iranian forces from disrupting flow of merchant vessels ferrying commodities through the Strait of Hormuz….

Snake Island Port to earn FG N3.6 trn revenue

Sopuruchi Onwuka The development and expansion of the Snake Island Port in Lagos State generate over $5.2 billion or N3.6 trillion in revenues for the government of Nigeria under a project outline that commands princely $1.85 billon private investment. The…

Nigerdock to invest N700 bn in Snake Island Port

Sopuruchi Onwuka Nigeria’s leading maritime and logistics company operating an integrated port and free zone in Lagos, Nigerdock, is working out detail of fresh investment that would transform the Snake Island into a robust quayside. The new wharfs would provide…

Iran seizes Chevron chartered oil tanker

Iranian Navy on Thursday arrested and detained an ocean going tanker chartered by Chevron Corporation and sailing from Kuwait to Houston, United States. According to a story broken by Reuters news service quoting the U.S. Navy, the Marshall Islands-flagged oil…

Logistics captains hinge energy sustainability on collaboration

Sopuruchi Onwuka Logistics services providers in the full energy value chain have declared that all stakeholders in the industries related to energy production and supply must evolve common quality standards for sustainability. Panel discussants who examined issues on Offshore Energy,…

NCDMB rallies oil contractors with NOGOF 2023

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) will in the middle of next month host a robust expo on contract opportunities in the upcoming projects in the petroleum industry. The event which is in its fourth edition…

UK pays £1.7bn import fraud charges to EU

Great Britain ruled by King Charles III has agreed to pay the European Union princely £1.7 billion in reparation for stolen customs duties on imported goods, concluding payment of the £2.4 billion slammed on the Nigeria’s colonial master for fraudulent…

Lekki deep sea port promises $360 bn benefits

Sopuruchi Onwuka Cumulative economic benefits of the Lekki deep sea port would topple whopping $360 billion, but players in the nation’s maritime industry fear that meeting the economic target might be stalled by channel occlusions that currently plague existing ports…

Two of 3 Nigeria stowaways face deportation from Spain

Two of the three stowaways who boarded the rudder of a Maltese ocean going tanker to Spain would now be returned home after taking timely opportunity to seek asylum in the Mediterranean country. The third stowaway is said to be…