NISA inaugurates new executives, BoT

The Nigeria Shipowners Association of Nigeria (NISA) has inaugurated its newly elected Executive Council to pilot the affairs of the association for the next two years. At the event that took place in Lagos, the newly elected President, Otunba Sola Adewunmi thanked members of the association for the confidence reposed in the new executives to […]

Blue Economy can generate 350 Million Jobs, says Jamoh

The Director-General of Nigerians Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has projected that the Blue Economy is capable of generating 350 million jobs for Nigeria if adequately harnessed. Dr. Jamoh was unhappy that the maritime sector had been underutilized in Nigeria, describing the situation as ‘sea-blindness’. Jamoh who disclosed this on Monday […]

Lilypond Export Command facilitates N86. 4b export in 3 months

The Lilypond Export Command of the Nigeria Customs Service, has processed non-oil export with a total tonnage of 118,184.96. The processed export goods worth N86,426,279,070.59 which is equivalent to free on-board value (FOB) of $204,656,119.04. Addressing the press on Wednesday at the command, the Area Controller, Compt. Babandede Mohammed disclosed that the items processed are […]

Brookfield to buy Container Lessor Triton for $4.7B

In real display of opportunities in the container industry, well-known alternative asset manager Brookfield announced a deal to acquire Triton International, the world’s largest owner and lessor of intermodal containers. The cash and stock transaction values Triton’s common equity at approximately $4.7 billion and reflects a total enterprise value of approximately $13.3 billion. The deal […]

COMTUA debunks OYRTMA’s allegations, aghast at unfair handling of truck obstruction issue

The National President, Council of Maritime Transport Unions and Associations (COMTUA), Comrade Adeyinka Aroyewun has debunked the allegations made against him by the Chairman, Oyo State Road Transport Management Authority (OYRTMA), Mr. Akin Fagbemi, just as he flayed the agency for the way it has been handling the case of container obstruction which is fraught […]