NIWA moves to improve waterways security
IN bid to attract private investments to enhance the nation's Blue Economy initiative, the management of the National Inland Waterways Authority, NIWA, has commenced moves to improve security on waterways across the country.
PIRACY: NIMASA, NAF commence aerial surveillance
IN a bid to tackle the menace of pirates in the Gulf of Guinea, GoG, Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Air Force (NAF) have commenced aerial surveillance of the nation’s coastal and territorial waters with a view to securing investments in the marine sector.
NPA, Intels claim, counter claim rocks maritime industry
THE Nigerian maritime industry is in some form of confusion as the Nigerian Port Authority, NPA, terminated the boat service contract of the Integrated Logistics Limited, Intels, an action the firm said it had a restraining court order on the Authority.
NEW CBN DIRECTIVE: Zenith commences issuance of form ‘M’ directly to importers’ suppliers
ZENITH Bank Plc has commenced the issuance of the import trade instrument form ‘M’ saying that it “will only open form ‘M’ for Letter Of Credit, Bills For Collection and other forms of payment in favour of the ultimate supplier of the products.”
PEAK SEASON CHARGES More international shipping firms suspend planned increase
There are indications that the Nigerian Shippers Council, NSC, has secured complete victory in the battle to get international shipping firms to back-down on their plans to increase Peak Season Charges by 400 percent.
Consequently, more of the multinationals have started announcing reversal of the plans.
DERAILMENT: Cargo evacuation at Apapa port stalled
Cargo evacuation by rail from Apapa port has been stalled since Sunday as a wagon has derailed at Apapa Bulk Terminal Limited, ABTL, a subsidiary of Flour Mills Nigeria Limited.
