Category: Commentary

IMO condemns tanker attacks in Strait of Hormuz

Shipping industry under threat in Strait of Hormuz

Recent attacks on a number of vessels and the seizure of a British- registered tanker undermine the right of transit passage and threaten the maritime security of all...

IMO 2020 starting to rock oil market

They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery feedstocks. The price of...

Breaking down stereotypes in a male-dominated industry

Breaking down stereotypes in a male-dominated industry

Breaking down gender stereotypes in the maritime industry is not just important in its own right, it is also beneficial for the industry as a whole. That was one of the...

calabar-port-complex

Attracting cargoes to Eastern ports

  Eastern ports are the seaports located in Calabar, Port Harcourt, Onne, Warri, Sapele, Koko, and Burutu. All these ports played significant roles in the colonial...

Panama Canal

Panama City and what you should know about Panama Canal

An engineering marvel connecting two oceans, easing trade routes and employing 10,000 Panamanians in over 600 occupations. The Panama Canal is an essential living...

CBD

Heeding the caution in Nigeria’s economic projections

The projections by numerous economists, both international and local, on Nigeria’s 2019 growth, have been cautiously optimistic. The International Monetary Fund (IMF),...

Whither the local content in Nigerian shipping?

Whither the local content in Nigerian shipping?

For the past decade, the common refrain listed among the top challenges in Nigeria’s maritime sector is the issue of foreign domination. From all reported accounts,...

pipeline-vandals

When Nigeria’s N9.3bn no longer secures its oil pipelines 

The Nigerian National Petroleum Corporation (NNPC) recently announced an alarming increase in the spate of pipeline vandalism across the country. The state oil company...

Somali region once riddled with pirates sees peaceful power transfer

Somali region once riddled with pirates sees peaceful power transfer

By Abdiqani Hassan and Omar Mohammed A region of war-ravaged Somalia elected a new president on Tuesday, a peaceful transfer of power in a part of the country notorious...

Against legislative hooliganism

Nigeria’s bloated recurrent expenditure  

  There is a proven correlation between declining economic growth and sluggish investment in Africa, research from the World Bank has shown. In an Africa Pulse...

Rice smugglers

State-sponsored rice smuggling

Three Cameroonians were last week arrested with 16 Nigerian accomplices, trying to smuggle in 834 bags of parboiled rice worth N13 million in Calabar, Cross Rivers...

Buhari can proclaim self as petroleum minister- Court rules

Maritime Development: The missing piece in President Buhari’s policy document

In campaigning for the 2019 Polls, President Muhammadu Buhari, recently launched his policy document dubbed Next Level. Based on specified priority areas, the document...