November 24, 2014

News

Nov 24 Photo

  • News

  • November 24, 2014

President Goodluck Jonathan welcoming former Head of State and Chairman of APM Terminals Apapa Limited, Chief Ernest Shonekan and CEO of APM Terminals, Mr. Kim Fejfer during a courtesy visit to the President in Abuja recently.

Intels is my most successful business, says Atiku Abubakar

  • News

  • November 24, 2014

“Of all the businesses into which I would venture, the most successful and the most lucrative would be a small oil services company I established with an Italian business man in the early 1980s. I met Gabriel Volpi when he was working at ...

Maritime Microfinance Bank to commence operation Dec. 1

  • News

  • November 24, 2014

Following approval granted it by the Central Bank of Nigeria (CBN), a new financial institution, the Maritime Microfinance Bank will formally commence operation on Monday 1st December 2014. The Maritime MFB is the first financial institution ...

Nigerian ports record 12.5% rise in cargo volumes

  • News

  • November 24, 2014

Cargo throughput handled at Nigerian ports in the third quarter of 2014 stood at 22.3 million metric tonnes (mmt), showing an increase of 12.5% over 19.8mmt handled in the third quarter of 2013, according to the Nigerian Ports Authority (NPA). ...

Ship chandlers seek FG’s support

  • News

  • November 24, 2014

The Nigerian Licensed Ships Chandlers’ Association (NLSCA) has called on the Federal Government to save its members who are unable to get jobs from being thrown out of business. Speaking with newsmen in Lagos, President of the association, ...

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Feature

10 Reasons Why Ship Operators Should be Nervous About the 2015 ECA Regulations

  • November 24, 2014

As of the 1st January 2015 the sulphur limit in Emission Control Areas (ECAs) will take a highly significant drop from 1% to 0.1%. It may only ...

Periscope

Fracking, shale gas and the Nigerian economy

  • November 10, 2014

The Middle East region has been embroiled in an unprecedented dimension of crisis of late yet rather than climb, the prices of crude oil have ...

Interview

Concessioning has reduced militancy at the port

  • November 24, 2014

  Alhaji Adegoke Salvador is the Chief Executive Officer of Dock Management Nigeria Limited. He is also a member of the recently concluded ...

Editorial

Penny wise!

  • November 24, 2014

The basic interest of this piece is first, to look inwards to what is happening, and then importantly, to consider taking immediate actions that ...

Foreign News

Australia intercepts huge stash of heroin

  • November 21, 2014

While supporting Combined Task Force 150 (CTF 150) off the coast of east Africa, Australia’s Anzac-class frigate HMAS Toowoomba discovered ...