Making a case for more women in maritime businesses
Samson Echenim
July 3, 2019
Across the globe, cultural and legal inhibitions are keeping women off sea jobs. In this report, SAMSON ECHENIM writes on the growing need for gender equality onboard vessels. All over the world, participation of women in seafaring has remained unacceptably low, wobbling around one or two percent, with the weaker sex clinching only 25,000 of […]
Nigerian govt woos oil companies for multibillion naira investment in national fleet
Samson EchenimJuly 3, 2019
By Samson Echenim As shippers council plans $500m dry port in Ibadan The Nigerian government is in talks with operators in the country’s upstream oil sector for possible investment in its planned national shipping line. A top government official and chairman of committee on the re-establishment of a national shipping line, Hassan Bello told […]
NCDMB disburses $160m from Nigerian Content Intervention Fund
Businessam StaffJuly 2, 2019
The Nigerian Content Development and Monitoring Board on Monday revealed that it had so far disbursed $160m out of the $200m Nigerian Content Intervention Fund to oil companies for the development of modular refineries, and capacity building, among others. It also lambasted international oil companies operating in Nigeria for not appreciating the in-country capacities that […]
Only foreign vessels responsible for freighting $9bn worth of Nigeria crude oil
Samson EchenimJune 26, 2019
In 2015, Nigeria lost $9 billion in crude oil freight to foreign vessels which lifted all of the country’s production for that year without a single Nigerian flagged vessel going to oceans and the development may have continued till 2019, Hassan Bello, executive secretary, Nigerian Shippers Council, has revealed. “In 2015, Nigeria lost $9 billion in freight on dry […]
Nigeria’s cabotage trade grows by 32% as NIMASA calls for action to develop female seafarers
Samson EchenimJune 26, 2019
Nigerian wholly owned ships and other vessels operating in the country’s cabotage waters increased by 32 percent in 2018, the industry’s regulator, Nigerian Maritime Administration and Safety Agency (NIMASA) has said. Owing to the increase, the agency said number of seafarers engaged in 2018 rose by 200 percent from 1,000 in 2017 to 3,000 in […]