Shippers’ Council To Enforce Demurrage Refund   The Nigerian Shippers’ Council has called on freight forwarders charged demurrage fees by shipping lines from March 30 to May 3 to come forward for refunds. Recall that the NSC had met with the Shipping Association of Nigeria in April...

Reps Investigate N4bn Demurrage On NIMASA’s N50bn Floating Dock   The House of Representatives on Wednesday resolved to investigate payment of $30,000 daily or N4bn annually as demurrage on a floating dock acquired by the Nigerian Maritime Administration and Safety Agency for N50bn. The House urged the...

NIMASA’s Floating Dockyard Accumulates $10.44m Demurrage In One Year   Following the insecurity in the Niger Delta region, the floating dockyard acquired by the Nigeria Maritime Administration and Safety Agency (NIMASA) in 2018, is currently gulping $30, 000 per day, which translates to $10.440 million (N3.758...

Polls Delay: 40 Ships Lose $28m In Demurrage Not less than 40 ships have suffered losses amounting to over $28m in demurrage owing to the postponement of the presidential and National Assembly elections that were earlier scheduled for February 16. Our correspondent learnt that the affected...