Nigeria Loses $120bn In Gross Freight Cost In 4 Years   The Chairman of National Fleet Implementation Committee, Mr Hassan Bello has disclosed that Nigeria recorded a loss of over $120 billion in gross freight paid to foreign vessels owners, between 2014 and 2018. Bello, who is...

As NSC Moves To Cut Charges By Shipping Companies   Eromosele Abiodun examines the move by the Nigerian Shippers Council to get shipping companies reduce their charges and the impact it will have on the economy International shipping is a complex subject that includes many variables. Proper...

Shippers Council Saves Exporters, Importers N2.3bn   Exploring alternative dispute resolution options for shippers and other stakeholders in the maritime industry has fetched the Nigerian Shippers’ Council (NSC) N2.3billion. It was saved from complainants who approached it for any discrepancy in their business transaction. The NSC...

Shippers Council To Audit Seaport Terminals Across Nigeria   Against the backdrop of several complaints from importers, clearing agents as well as the need to drive efficiency and make Nigeria a shipping hub in West Africa, the Nigerian Shippers Council (NSC) has revealed plan to audit...

Nigeria Losing $9bn To Foreign Ship Owners Yearly - NSC   Nigeria is losing about $9bn annually to foreign shipowners because the country has no single vessel that is involved in international freight services, the Nigerian Shippers’ Council stated on Thursday. According to the council, Nigeria makes...

NSC Intensifies Moves To Abolish Container Deposit The Nigerian Shippers’ Council may soon end the payment of Container Deposits. Container deposit is a refundable amount charged by a shipping company payable by a shipper for the use of the item but which acts as a guarantee...