Volume 6, Issue 119
9th March 2020.


To become the premier marine logistics and charter services company in Nigeria, and a leading and internationally recognized marine services provider in West Africa.


Haulage from Lagos ports 10 times costlier than in Ghana, South Africa 

A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the seaports in Lagos than it is to move them from the ports in Ghana and South Africa.

The Apapa and Tincan Island ports, which are Nigeria’s busiest seaports, have suffered severe traffic congestion for years due to bad roads and lack of truck parks. 

Data compiled by SBM Intelligence showed that local transport from the port in Lagos costs an estimated $2,055. This is compared to $285 spent in moving goods from the Tema port in Ghana and $208 from the Durban port in South Africa.

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Buhari: Nigeria has attained food security since border closure

President Muhammadu Buhari on Tuesday said Nigeria has attained food security after the partial closure of its land borders.

Buhari was speaking during a meeting with Bashir Mamman Ifo. The outgoing president of the ECOWAS bank for investment and development (EBID) and George Nana Donkor, his successor.

“We have saved millions of dollars. We have realized that we don’t have to import rice. We have achieved food security.

“We have curtailed the importation of drugs and proliferation of small arms which threaten our country,” the President said.

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There’s need to harness the latent energy, wisdom of women in oil and gas industry

Knowledge driven Dr Dunni Owo is a founding partner and president of Women in Energy Oil and Gas (WEOG) Nigeria, a body designed to harness female talents in the oil and gas industry that has remained dormant. In this exclusive interview with Guardian Woman, Dr Dunni, a refinery guru and an award-winning author talks about her journey in the industry and her passion to support women in male-dominated industries.

Union issues 21 days ultimatum to shipping companies over salaries 

The Maritime Workers Union of Nigeria (MWUN) has issued a 21-day ultimatum to shipping companies over alleged poor remuneration and terminal benefits of its members.

MWUN, in a letter dated February 2, 2020 and addressed to the Chairman, Shipping Association of Nigeria (SAN), expressed disappointment that since May 2019 that the union requested for a meeting with the association to negotiate an upward review of the overdue terminal benefits currently being paid to workers, there has been no response.

The letter, signed by the union’s Secretary-General, Comrade Felix Akingboye, a copy of which was made available to SHIPS & PORTS, said the stance of the shipping companies to the issue is an indication of the level of contempt it has for the union and lack of regard for workers’ welfare.

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AAPA: Cargo Volumes at U.S. Ports Expected to Drop by 20 Pct Due to Coronavirus

During the first quarter of 2020, cargo volumes at many U.S. ports are expected to go down by 20 percent or more compared to 2019 due to the impact of the coronavirus outbreak, according to the American Association of Port Authorities (AAPA).

The drop is ascribed to longer than usual Lunar New Year shutdowns of factories in China, in what is usually a slow season, amid measures aimed at curbing the spread of the virus. As a result, imports at major U.S. retail container ports have decreased substantially.

In order to address the lower demand, carriers have employed capacity management measures in the form of blanked sailings.

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China Overtakes Germany as Biggest Container ship Nation

China has overtaken Germany as the biggest nation in the container shipping sector in terms of total TEU.

The fact that China would overtake us in this respect was quite foreseeable: for one thing, the simple reason is that very much larger container ships are being built today; for another, this was to be expected in the wake of the long crisis after 2009,” said Alfred Hartman, President of the German Shipowners’ Association (VDR).

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