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Tags NIGERIA

Tag: NIGERIA

India is Nigeria’s biggest trading partner

Latest figures from the National Bureau of Statistics (NBS) have shown that India was Nigeria’s biggest trading partner in the third quarter of 2018,...

Operators accuse Maersk Group of monopolistic practice

Operators in the maritime industry have accused the Maersk Group of gradually building a monopolistic market for it self in Nigeria by creating more...

CMA CGM applies surcharges in Nigeria

CMA CGM has decided to implement a Peak Season Surcharge, applicable as from December 1st, 2018 (date of loading in the origin port) until further notice:   This...

What happened with the 500 containers trapped in Apapa port?

There are controversies surrounding the whereabouts of about 500 containers which are believed to be on transit to the Lilipond Terminal in Ijora, Lagos. While...

Lagos ports is the only traders’ option

Despite making heavy losses estimated at N70 billion yearly in demurrage on Lagos ports, crippling traffic congestion caused by bad access roads and high...

Importers to pay additional charges in Nigeria

Importers using the ports in Tincan Island, Lagos and Kirikiri Lighter Terminal, are now to pay charges on bulk cargoes of cement, fish, fertilizer,...

Port of Lomé overtakes Lagos’

Lomé now hosts West Africa’s leading container port, snatching the position from Lagos, Nigeria. This was revealed by Netherlands firm Dynamar which provides intelligence...

Nigerian ship owners struggle with importation cost

The Ship Owners Association of Nigeria (SOAN) has expressed worry over the 14 percent importation cost on Nigerian vessels.They said they are unable to...

CMA CGM, Emergency Congestion Surcharge

Port congestion at Lagos ports, Nigeria, is currently increasing CMA CGM's operational costs and generating severe service disruption for several weeks.   CMA CGM will therefore...

Maersk Line imposes $2b on Nigeria

Maesk Line imposes $2bn on Nigeria, other importers over fuel Ahead of the International Maritime Organisation (IMO) deadline, Maersk Line has said that importers using...
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China’s securities watchdog punishes Antong bosses

Guo Dongze and Guo Dongsheng, majority shareholders of Chinese domestic container operator Antong Holdings, and other senior staff have been penalised by the China...

Maersk acquires European customs and trade solutions provider

Maersk has reached an agreement with Bridgepoint Development Capital, a dedicated team that focuses on buyouts and capital investments, to acquire KGH Customs Services...

Rotterdam increases truck parking spaces

The total number of secure parking spaces for trucks across the area of the port of Rotterdam has increased, as the Maasvlakte Plaza truck...

The growing threat that lurks below the waterline

A recent study published by I-Tech AB proved that barnacle fouling is a big headache for the global fleet, even before the Covid-19 forced...