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Tuesday, April 7, 2020
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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MABUX bunker index – 6 April

OPEC and Russia have postponed a meeting set for today to discuss supply cuts and ending a brutal price war, according to CNN.  The meeting...

Blanked sailings rise more than 400% in a week

Over the course of the next few weeks carriers will know what kind of losses they will make over the course of the year,...

Maersk introduces Portugal PSS rates

Maersk has introduced a peak season surcharge (PSS) for all dry cargo from Portugal, Lisbon, PT (PTLIS) to Southern and West Africa, effective from...

Milano Bridge hits Port of Busan gantry crane

The 13,870TEU container ship Milano Bridge, owned by Mi Das Line SA has collided with a gantry crane at Busan Port, South Korea, which...