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Rising Opposition to Cargo Palletization

Eromosele Abiodun examines maritime stakeholders’ resistance to the federal government’s directive that all containerized cargoes coming into Nigeria must be on a pallet In late 2017, the federal government directed all containerized cargoes coming into Nigeria to be on a pallet as effective January this year. The Minister of Finance, KemiAdeosun

Nigerian’s Maritime Agencies disregard presidential directive to charge fees in local currency

Despite a presidential directive to Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) to suspend further collection of petroleum products imports charges in dollars, Daily Sun findings have revealed the two agencies have continued to disregard the government order. According to a letter dated January 17, 2018,

Panalpina profits soar on record airfreight volumes

The Swiss-based freight forwarder reported net earnings of 57.5 million Swiss francs (U.S. $60.6 million) on CHF 5.53 billion in net forwarding revenues during 2017, year-over-year increases of 9.9 percent and 6.5 percent, respectively. Panalpina saw its consolidated profits jump 9.9 percent to 57.5 million Swiss francs (U.S. $60.6 million) during

Seaport of NY/NJ growth continues in January

The largest port on the U.S. East Coast handled 585,864 TEUs during the month, the most of any January in port history, according to the most recent data from the Port Authority of New York and New Jersey (PANYNJ). The Port of New York and New Jersey handled 585,864 TEUs in

Nigerian Seaports Record 10% Lower Ship traffic Over Govt’s Unfavourable Policies; Air Passenger Traffic Fell 8% to 13.4M in 2017 – NBS

  the inability of importers and exporters to secure foreign exchange to transact their business and insecurity in Nigeria's coastal waters were major factors.  arrivals and departures air passengers nearly evened out at 6.7 million and 7 million respectively. The fortunes of Nigeria's seaports have continued to dwindle following the

Maersk vessel catches fire in Arabian Sea

  The 15,226-TEU Maersk Honam experienced a serious fire in one of its cargo holds Tuesday in the Arabian Sea, One dead, leaving four crew members still missing. Amidst concerns over its Saturday night's loss of 70 or more containers onboard its container ship, Maersk Shanghai, in rough seas caused by stormy weather off North Carolina, the world's largest

Maersk ship loses dozens of containers off N.C. coast

The container ship MAERSK SHANGHAI lost 70 or more containers in rough seas caused by stormy weather off North Carolina, The 10,081-TEU Maersk Shanghai lost between 70 and 73 cargo containers Saturday night about 17 miles off the coast of Oregon Inlet, N.C., but all crew members are safe and accounted for.   The Maersk Shanghai lost