Maritime - Page 67

The anticipated growth in participation of indigenous firms in the Nigerian oil and gas industry may have begun to manifest as indications emerged that about $12 billion worth of projects were implemented

THE Nigeria Shippers’ Council (NSC) has announced plans to strengthen foreign exchange conditions for commercial banks and their customers in the maritime sector. Under the arrangement, unveiled by the Central Bank of

SOME maritime issues presently facing shipping industry globally   include regulatory burdens concerning the environment, maritime security and the supply and demand imbalance with new building orders reaching “worrying” levels, global shipping association BIMCO

THE Lekki Deep Seaport project will transform Nigeria’s economy into global recognition, the Managing Director of Nigerian Ports Authority (NPA), Habib Abdullahi has said ‘Lekki deep seaport will transform Nigeria’s economy.

According to the cabotage law, foreign vessels are not allowed to partake in any domestic coastal trade as obtainable in other developed countries of the world, while it will at the same