A cargo scanner installed by Global Scansysystems Ltd and valued at over 5 million dollars (N750 million) has been under_utilised at the Calabar port, the Chief Executive Officer of the firm, Mr Fred Udechukwu has said.

THE Executive Secretary and Chief Executive officer of the Nigerian Shippers’ Council (NSC), Captain Adamu Biu. has blamed state governments’ lack of commitment for the delay in the commencement of Inland Container Depots (ICDs)

As a means of subverting the Cabotage Act meant to protect the nation’s coastal trade, foreign shipowners bringing in petroleum products into the country have resorted to anchoring outside the country’s waters to prevent enforcement of the law.

IFC, a member of the World Bank Group, on Monday signed a loan agreement for $100 million with Kosmos Energy, one of the key partners developing Ghana’s Jubilee field, an offshore oil and gas project that will help diversify Ghana’s economy and meet domestic power demand.

Truck operators in the maritime sector, have again cried out to the federal government to check the excesses of the Lagos Ports Access Roads Monitoring Unit (LAPARMU), alleging their extortionary tendencies would wind the economy if allowed to continue.