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Dar Scales Up Trade with East African Community (EAC), Southern African Development Community (SADC)

Dar Scales Up Trade with East African Community (EAC), Southern African Development Community (SADC)

Economy, Maritime
The Tanzania Private Sector Foundation (TPSF) said there has been an increase in trade between Tanzania and the countries in the East African Community (EAC) and the Southern African Development Community (SADC) region since the sixth-phase government entered into power. TPSF Chairperson, Ms. Angelina Ngalula made the remarks when she met with the Foreign Affairs and East African Cooperation Minister, Ambassador Liberata Mulamula in Dar es Salaam yesterday. The friendly environment created by the government with the private sector has contributed immensely in enhancing trade between Tanzania with the EAC and SADC countries She said the trade and bilateral relations between Tanzania and neighbouring countries like Kenya, Uganda and Burundi has scaled up, thanks to the growth of e...
WHO Logistics Hub Airlifts its Largest Single Shipment of Humanitarian Cargo to Ethiopia

WHO Logistics Hub Airlifts its Largest Single Shipment of Humanitarian Cargo to Ethiopia

Business, Innovation, Maritime
The World Health Organization (WHO) Logistics Hub in Dubai delivered 85 metric tons of life-saving medical supplies to Ethiopia, the largest single shipment of humanitarian cargo to date airlifted by the Hub. The supplies including essential medicines, trauma and surgical medicines, infusions, consumables equipment and cholera kits were flown by a charter flight donated by the United Arab Emirates that landed in Addis Ababa on 10 September. The supplies will address the urgent needs of more than 150 000 people. The delivery of health supplies is vital to alleviate the suffering of people around the world “This is an important demonstration of solidarity with people in need. This delivery will help bolster our efforts to provide relief to hundreds of thousands of families who ...
Lull in NPA as probe, leadership crisis lingers

Lull in NPA as probe, leadership crisis lingers

Corporate Stories, Maritime
Operations at the Nigerian Ports Authority (NPA) are currently in low key as allegations and counter-allegations mire the leadership position of the authority. The Guardian observed that the management of the authority is increasing as the crisis rocking the entity is being resolved even as the probe of the suspended Managing Director, Hadiza Bala Usman, is yet to take shape. The Minister for Transportation, Rotimi Amaechi, had, on Thursday, May 6, announced the suspension of Hadiza Bala Usman over an allegation of shortage in the authority’s remittance to the Federal Government’s coffer from 2016 till date. Since the suspension, NPA has been split, a situation, which is adversely affecting their commitments to duties. The Guardian gathered that some of the major operation...
‘Akwa Ibom can’t afford environmental impact of dugout port’

‘Akwa Ibom can’t afford environmental impact of dugout port’

Maritime
A former managing director of Nigerdock Plc and Chairman Oron Nation Technical Committee for Ibaka Deep Sea Port, Nkpubre Okon Nkpubre, has called on the Federal Government to disallow the building of a dugout port to be built in Nigeria, owing to the adverse environmental and social impact it will have on the people. He said the environmental and social impact of creating an artificial ocean for a dugout deep-sea port is unquantifiable. Nkpubre stressed that a situation where dry land is dug out and water channeled in to build a seaport should not be contemplated in the country. He added that Nigeria has over one thousand kilometer of coastline with a natural harbour and numerous river estuaries and channels where seaports could be sited. He added that the proposed dugout se...
Stakeholders advocate fair hearing as NPA probe begins

Stakeholders advocate fair hearing as NPA probe begins

Maritime
Stakeholders in the maritime sector have urged the Federal Government to give fear hearing to the suspended Managing Director of the Nigeria Ports Authority (NPA) in the N165.3 billion non-remittance dispute. The Minister of Transportation, Rotimi Amaechi had petitioned the presidency about an estimated shortfall in remittances by NPA between 2016 and 2020. However, Bala Usman in her response said the total of N76.384 billion (2017 and 2018) and another N82.687 billion for the period 2019 and 2020 were remitted to the government in line with the template issued by the Fiscal Responsibility Commission (FRC). Few days after her suspension, stakeholders have clamoured for sincerity of purpose in the process, calling on the presidency to give the process fair hearing. The Guardian...
Maritime industry rattled as Bala Usman faces probe

Maritime industry rattled as Bala Usman faces probe

Maritime
The suspension of Hadiza Bala Usman as the managing director of Nigeria Ports Authority (NPA) has caused a crack on the wall of the authority, leaving the maritime sector with substantial afflictions. Few days after the suspension of Bala Usman who is currently facing a probe, the development has unsettled the NPA and the entire maritime sector. The Guardian gathered that the removal of Bala Usman has caused a row among various powerful blocks in the transport sector and loyalists of the Transport Minister, Rotimi Amaechi; the Chief of Staff, Prof. Ibrahim Gambari among others. While many believe that the suspension was hastily taken due to personal grudges and to pave way for Mohammed Koko to head the agency. Koko, according to sources, was the former account manager of A...
$1.6 billion Lekki deep sea port reaches 50% completion

$1.6 billion Lekki deep sea port reaches 50% completion

Maritime
Hope on delivery of the much-expected Lekki Deep Sea Port looks brighter as the construction of the $1.6 billion project reaches about 50 per cent completion. The company said it has completed its 1,909m long core of the main breakwater while work on the quay wall and landside infrastructure has reached an advanced stage. The significant milestone of the completion of the core of the main breakwater was achieved on Thursday, April 29, 2021. The Managing Director, Lekki Port LFTZ Enterprise Limited, Du Ruogang, disclosed this while briefing the Permanent Secretary, the Federal Ministry of Transportation, Dr. Magdalene Ajani, and other key stakeholders. Ruogang assured that the construction would be completed as scheduled with a targeted commercial operation expected in the las...
Maritime industry needs $3.4 trillion to replace existing ships

Maritime industry needs $3.4 trillion to replace existing ships

Maritime
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 Limited, Mr. Martin Stopford, made the projection while giving a keynote address during Capital Link’s decarbonisation in the shipping forum.   Stopford said the estimated investment requirement is extremely high and is based on the current ship prices over the next 30 years, but the figure is likely to be higher as more complex ships expected in the future could be more expensive. According to him, the extremely high bill poses a question on financing options.   “The industry’s cash flow in the past 20-30 years has been driven by the spot ...
Collaborating for prosecution of maritime offences

Collaborating for prosecution of maritime offences

Corporate Stories, Maritime
The concept of maritime security and safety goes beyond policing waterways to keep them free of criminals and objects that impede activities that are associated with the entire maritime ecosystem. It also goes beyond deployment of equipment and manpower to keep pirates and other criminally-minded elements at bay, or clearing of waterways of wrecks and relics to prevent accidents and ensure free navigational pathways for maritime activities to thrive. Achievement of a secure and safe maritime environment requires the collaboration of stakeholders within and outside the sector; those directly involved in maritime activities – regulators, security agencies, operators, etc. – as well as those who may not be directly connected to the sector, but whose inputs may impact on the overall ac...
NSML: Driving sustainable shipping to transform Nigeria into proud maritime nation

NSML: Driving sustainable shipping to transform Nigeria into proud maritime nation

Maritime
As a maritime nation, Nigeria is yet to take its rightful place in the comity of maritime nations. This is because the nation’s inland and international shipping business is presently dominated by both foreign-owned and crewed ships, leaving very little to Nigerian-owned vessels and seafarers, despite the existence of Coastal and Inland Shipping (Cabotage) Act as well as Local Content Act. These acts were enacted with the aim of restricting the use of foreign vessels to trade in and out of Nigeria, and promote the development of indigenous tonnage for the purpose of job creation. Years down the line, Nigerian economy still loses billions of dollars annually as freight cost paid on import and export cargoes to foreign-owned ships, while many Nigerian seafarers roam the streets wi...

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