NIGERIA: NPA Proceeds on Ports Concession

The Ports Concession Agreements Year is closer to a conclusion, as the Nigerian Ports Authority (NPA) hosted the Ports Concession Assessment Framework (PCAF) from the World Bank. The concession agreements were signed 13 years ago and tenure of the concession ranged from 15 to 25 years. It was stated that the Federal Government has realized… Continue reading NIGERIA: NPA Proceeds on Ports Concession

NIGERIA: NPA to Move More Cargoes to Eastern Port

The Nigerian Port Authority (NPA) has disclosed that the authority is set to move more cargoes to eastern ports this year. The NPA General Manager Corporate and Strategic Communication, Mr. Adams Jatto stated that sequel to Nigerian Land Border closure with other neighboring countries, Lagos seaport experience has been more of traffic congestion due to… Continue reading NIGERIA: NPA to Move More Cargoes to Eastern Port

NIGERIA: ANLCA Highlights Eastern Port Problems

The Association of Nigeria Licensed Customs Agents has highlighted port problems and also faulted the Federal Government for paying less attention to these ports in the Eastern part of Nigeria especially Delta Port and has only focused on Lagos Port. The National President of Association of Nigeria Licensed Customs, Mr. Tony Nwabunike stated that the… Continue reading NIGERIA: ANLCA Highlights Eastern Port Problems

DJIBOUTI: DP World Gets A Compensation Of $385million From The Horn Of Africa

Photo Credit: Google

The Horn of Africa has been ordered by the London Court of International Arbitration to pay a sum of $385 million in compensation to UAE global ports operator, DP World over a breach of contract. According to a statement, the London Court of International Arbitration ordered Djibouti to pay interest for unilaterally scrapping a 50-year… Continue reading DJIBOUTI: DP World Gets A Compensation Of $385million From The Horn Of Africa

Maritime Transportation (Shipping) Safety: Threats To The Maritime Domain

The Maritime industry has been saddled with long term safety issues which have posed several threats to its daily activities; making the maritime industry as well as its operations vulnerable. The industry irrespective of the various hazards threatening its operations and activities is still regarded as the cheapest and easiest way to move goods and… Continue reading Maritime Transportation (Shipping) Safety: Threats To The Maritime Domain

A Foray Into The Future Of The World’s Economy Without Maritime

This article expounds the importance of the maritime sector in the world’s economy. The maritime sector is the unsung hero of the world’s economy-responsible for virtually every aspect of the economy; it is an aspect that requires more projection by the media than it is presently accrued. Interestingly, a high chunk of the world’s trade… Continue reading A Foray Into The Future Of The World’s Economy Without Maritime