Business – Page 5 – Shipping World News Magazine

Oct302017 by Our EditorNo Comments

Why Nigeria Needs A Functional Coast Guard – Amaechi

Transportation Minister Rotimi AMAECHI, took a retrospective look at the challenges facing Nigeria's Maritime Security architecture and concluded that there could be no better time than now to have a functional Coast Guard. AMAECHI made the disclosure while contributing to a lecture titled " Ensuring Safe and Secure Water ways Transportation " presented by Rear Admiral AA Oshinowo. Amaechi was speaking at the World Maritime Day which held Monday at Eko Hotel and Suites Lagos with the theme "Connecting Sips, Ports and People. The minister explained all stakeholders must come together and agree on the methodology to create an enabling environment for a full fledged Coast Guard. Said AMAECHI, " We cannot call the present collaboration between NIMASA , the Navy and Air force as a Coast G...

Oct302017 by Our EditorNo Comments

INTELS in fresh crises with OGFZA

Business, Law, Port News

Oil and gas logistics giant and port concessionaire, INTELS Nigeria Limited (INL), is in fresh trouble as the Oil and Gas Free Zones Authority (OGFZA) has ordered a comprehensive audit of a decade of its operations (2006-2016).The development came as INTELS, a company largely owned by former Vice President Atiku Abubakar, began to feel relief from a similar rift with the Nigerian Ports Authority (NPA). OGFZA, in a letter to the Managing Director of INTELS, Simone Volpi, obtained by Our Correspondent yesterday, said it had appointed a team of auditors to carry out the compliance audit of the embattled firm, a concessionaire of NPA, over alleged “serial violation” of the laws and regulations governing operations in the free zone. The Managing Director of OGFZA, Umana Okon Umana, said t...

Oct302017 by Our EditorNo Comments

NIMASA approves 250 Cadets for Sea time Training

Breaking News, Business, Port News

Succour has last come the way of the graduates of NIMASA's seaferers development program as the first batch of about 250 Cadets have been invited to the NIMASA' Corporate head office , Lagos, this week for documentation . The documentation Shipping World learnt is preparatory to the placement of the Cadets who completed their degree programs over three years ago to be placed on the mandatory one year on board training before certification. The Agency's Executive Director Maritime Labour and Cabotage Services ,Mr Gambo Ahmed confirmed to Shipping World exclusively in Lagos Monday that NIMASA have concluded arrangements with selected Ship owners in the UK and Cairo , Egypt for the placements. One of the beneficiaries Eniye Emokpo was full of praises for the Director General of NIMAS...

Oct292017 by Our EditorNo Comments

INTELS collected naira bills in dollars— Stakeholders

Business, Law, Politics, Port News

As Nigerians await patiently for the outcome of the lucrative boat pilotage contract which INTELS monopolized for almost two decades, more facts have emerged on how the Logistics giants fraudulently ripped off Nigerian importers. Chief Reginald Amadi ,the Spokesman for the Edo/ Delta chapter if the Association of Nigeria Licensed Customs Agents revealed that was wrong for INTELS to collect dollar payments for local transactions. He said , " I think INTELS got into trouble because they went beyond the brief of the agreement, they took things for granted. I think NPA just found out that INTELS was deviating from its obligations and decided to wield the big stick', he said. Chief Amadi said it was not true that 11,000 jobs would be lost if INTELS lost the contract insisting there were o...

Oct272017 by Our EditorNo Comments

NPA to Partner Women in ANLCA on Port Operation, Says Usman

Business, Port News

The Managing Director of Nigerian Ports Authority, Hadiza Bala Usman has said that as a strong believer in partnership and collaboration, she will tap into the knowledge and experience of Women in ANLCA (Association of Nigeria Licensed Customs Agents) which will guide the Authority in making policy decisions on Ports Operation. Hadiza Bala Usman made this assertion while receiving a delegation of Women in ANLCA led by its Governor, Hajia Bola Muse who paid her a courtesy call in her office in Marina, Lagos Thursday . She continued; “I would like to say that in Nigerian Ports Authority, we believe in partnership and collaboration, we believe that there is a need for the Authority to reach out to critical Stakeholders and partner with them in any way we can, We understand and appreciate ...

Oct272017 by Our EditorNo Comments

8 Female Professionals Bag MMS Plus Awards

Business, Misc

Eight prominent female professionals who have excelled in their various fields of specialization were Thursday inducted into the MMS Plus Woman of Fortune Hall of Fame in Lagos. Among the women who also received awards were Priscillia Ogwemoh, Managing Partner, Olisa Agbakoba Legal; Funke Agbo, SAN, Senior Partner, Adepetun Carton-Martins Agboh & Segun (Barr & Solicitor); Dr. Amy Jadesimi, Managing Director , Lagos Deep Offshore Logistics Base(LADOL); Chief (Mrs) Ijeoma J. Uche-okoro, Director Legal Services, Federal Ministry of Transport; Dr. (Mrs) Lucy S. Newman, Managing Director Financial Institutions Training Centre (FITC). Others were Mrs Chinyere Annie Okonkwo, Director, Topwide Ventures Limited; Janet Adeyemi, President, Women in Mining and Sylvia Asana Own, Deputy Ch...

Oct272017 by Our EditorNo Comments

NIMASA to Enforce Strict Observation of Safety Regulations at Sea

Business, Law

The Director General of the Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has restated the Agency’s commitment towards the enforcement of strict safety regulations at sea, in order to ensure the protection of Marine Environment and Safety of assets. The DG who made this assurance during the opening of the ongoing 4th Regional Technical Search and Rescue Committee meeting in Lagos, said that the establishment of an Emergency Service Division which is entrusted with the responsibility of rendering Search and Rescue Services to vessels and mariners in distress within the Nigerian territorial waters is a major accomplishment for the Agency. Dr. Peterside who was represented at the event by the Agency’s Executive Director Maritime Labour and Cabotage Ser...

Oct272017 by Our EditorNo Comments

Agge Sea Port: Gov. Dickson Visits Amaechi

Business, Port News

The Bayelsa State Governor, Honorable Henry Seriake Dickson on Thursday, led a high-powered Bayelsa delegation to visit the Minister of Transport, Honorable Rotimi Chibuike Amaechi to seek collaboration on the Deep Seaport in Agge, International Cargo Airport and Coastal Railway in Bayelsa State. The Governor urged leaders and government functionaries to always work for the good of country. He said once elections are over, political actors must close rank irrespective of party affiliations to work for the security and the development of the country. While stressing that the Agge Deep Seaport will be viable, Governor Dickson said the Deep Seaport and the Airport will open up the state and make Bayelsa play an active role in the Gulf of Guinea since Bayelsa is on the tip of the Atlant...

Oct212017 by Our EditorNo Comments

NPA acquires modern equipment to tackle environmental pollution

Business, Port News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has unveiled modern pollution and environmental equipment namely Drones, Jet skis and Booms for surveillance, monitoring and containing oil spillages. Others are Blowers, Pressure Washers, Skimmers, Power Pack Absorbers and Multiple Dispersant Sprays. Speaking during the event, the Managing Director urged the officer and staff in charge of the equipment to put them into optimal use to the appreciation of the stakeholders whilst bringing to the fore that the government was interested in ensuring the effective compliance and sustenance of the Ease of Doing Business at the Ports. She therefore postulated that matters concerning the occupational health of the officers and staff of the Authority was constantly paid...

Oct212017 by Our EditorNo Comments

Usman pledges to facilitate ease of doing business at seaports

Business, Port News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured the business community in Nigeria that the authority has put in place appropriate measures that would enable it facilitate business activities at the nation’s Seaports. Usman gave this assurance while delivering a keynote address at a one day sensitization workshop put together by the Presidential Enabling Business Environment Council (PEBEC) and NPA held at the Eko Hotels and Suites, Lagos Friday. According to her; “It will interest you to know that even before the Executive Orders were signed into Law by the Federal Government, the authority had put in place measures aimed at attracting investments into the maritime sub-sector of the nation’s economy”. The Managing Director who was represe...