Fed Govt Considers Zero Import Duty For Ships, Spare Parts       The federal government may soon announce a zero-import duty on all imported new vessels and spare parts of vessels. The move is aimed at boosting efforts of indigenous shipping firms, said Director General of the Nigerian...

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...