At least 16 vessels have arrived at Lagos ports, including Lekki, Tincan Island, and Apapa, carrying petrol, diesel, bulk gas, and food items, the Nigerian Ports Authority (NPA) has confirmed. According to the NPA’s latest Shipping Position report, made available to journalists on Thursday, a total of 40 ships transporting petroleum products, food items, and …
Peter Obi and others highlight benefits of decentralised ports to the Nigerian economy. The recent approval of a $1 billion investment aimed at modernising the Apapa and Tin-Can Island ports in Lagos by the Federal Government has reignited calls for decentralisation of seaport infrastructure across Nigeria. Analysts believe that developing seaports in other maritime …
By Esther Ososanya A powerful 8.8-magnitude earthquake off Russia’s Kamchatka Peninsula sent tsunami waves sweeping across the Pacific on Wednesday, disrupting maritime trade, halting port operations, and triggering emergency alerts as far as Hawaii, Japan, and California. The quake, the region’s strongest since 1952, rattled global logistics chains already grappling with inflation and fuel volatility. …
