According to Mohammed Bello Koko, the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), the effective operations of Nigeria’s ports and the maritime industry have improved its revenue generation. 

Maritime Industry Needs $3.4trn To Replace Existing Ships       The shipping industry will need to invest about $3.4 trillion in the next 30 years to replace the existing fleet in line with the sector’s decarbonization plans. An industry top analyst and Non-Executive President of Clarkson Research Services...

Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines         Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to foreign ship owners due to the inability of the country to lift her cargoes. According to shipping experts and economists,...

NNPC, NIMASA, Others Review Crude Oil Regime A meeting of stakeholders in the maritime industry has been convened to generate ideas on how best to export Nigeria’s crude oil in order to attract maximum benefits for the country. The meeting, which had the theme, ‘Free On-Board...