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FG Vows to Achieve Greener Shipping in Nigeria

FG Vows to Achieve Greener Shipping in Nigeria The Federal Government has disclosed plans to ensure that Nigeria achieve greener shipping, saying this is in line with the International Maritime Organisation’ determination to achieve sustainable development in the maritime industry. A statement by the Assistant Directors, Public...

Nigeria Faces Increased Fuel Costs — PwC

Nigeria Faces Increased Fuel Costs — PwC   the landing costs of petroleum products imported into Nigeria are expected to increase when stricter shipping fuel standards by the International Maritime Organisation kick in on January 1, 2020. The new IMO rules prohibit ships from using fuels containing...

As IMO Sets To Cap Sulphur, Global Fuel Costs Rises To $60bn

As IMO Sets To Cap Sulphur, Global Fuel Costs Rises To $60bn     As the International Maritime Organisation (IMO’s) 0.5wt per cent sulphur cap for bunker fuels kicks in, global bunker fuel costs could rise by up to $60billion yearly from 2020. In a bid to drastically...