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Maritime

Nigeria Begins Restructuring Of Ship Registration  

The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced the issuance of new certificates of ship registration while simultaneously phasing out the old permits. Edward Osagie , Head, Corporate…

LASG Seals Illegal Container Terminal In Ikorodu

The Lagos State Government has sealed an illegal and unauthorised container terminal operating in Ibeshe, Ikorodu axis of the State. Our correspondent gathered that the  named termial;  DSS Liberal Containers Terminal has been…

Container Freight Rates Up 346% In One Year

Container freight rates are continuing to rise to record levels due to ongoing disruption to global supply chains. The Drewry World Container Index (WCI) increased 4.2% over the last week to an average of $8,399.09…