Port News – Page 2 – Shipping World News Magazine

Jul312025 by Asu BeksNo Comments

DANTSOHO FRONTLINES PRESIDENT TINUBU’S NIGERIA FIRST POLICY AS NIGERIAN-OWNED CONTAINER VESSEL CALLS AT ONNE PORT.

Abubakar Dantsoho Managing Director Nigerian Ports Authority (NPA) has restated the readiness of the NPA to promote the indigenous ownership of shipping vessels in line with the 'Nigeria First' policy of President Bola Ahmed Tinubu GCFR. Speaking during the maiden call of wholly Nigerian-owned container vessel "MV OCEAN DRAGON" at the West African Container Terminal Onne Port Port Complex on Thursday 31st July, 2025, Dantsoho said "apart from the high loading capacity of 349 TEUs and several other distinctive features of this vessel, we are fascinated that MV Ocean Dragon is wholly Nigerian which speaks to the Renewed Hope “Nigeria first” policy of His Excellency President Bola Ahmed Tinubu GCFR and the Nigerian Ports Authority’s renewed orientation towards Nigerian content development". ...

Jul292025 by Asu BeksNo Comments

African Must Translate Marine Comparative Advantages To Economic Prosperity- Dantsoho

News Feature, Port News

The President of the Port Management Association of West and Central Africa (PMAWCA), Dr Abubakar Dantsoho, on Monday said there is an urgent need for African countries to translate their marine comparative advantages into opportunities for the collective prosperity of their respective countries. Speaking at the PMAWCA Board of Directors and Ports Statisticians Network Meetings in Luanda, Angola, Dantsoho who is also the managing director of the Nigerian Ports Authority (NPA), stated that the sustainability of Africa countries rests heavily on the sustainability of their seaports. According to the PMAWCA boss, apart from being linked by water, countries in West and Central Africa are linked by challenges and opportunities. "The need to translate our marine comparative advantages i...

Jul182025 by adminNo Comments

The Many Sins of Nigeria’s Bonded Terminals. By ASU BEKS.

News Feature, Port News

A bonded terminal is a secure facility, typically near a port or airport, where imported goods can be stored under customs supervision without immediate payment of duties and taxes. These goods remain in the terminal until they are either re-exported or cleared for domestic use, at which point the necessary duties and taxes are paid. Essentially, it's a designated area for the temporary storage of imported goods, allowing businesses to defer duty payments. Bonded terminals operate under the strict supervision of the Nigeria Customs Service Bonded terminals are strategically located near major points of entry and exit for international trade. The primary benefit is the ability to defer duty payments, which can be a significant advantage for businesses with large import volumes or...

Jul42025 by Asu BeksNo Comments

NIGERIAN PORTS AUTHORITY BERTHS FIRST WHOLE NIGERIAN-OWNED CONTAINER VESSEL.

News Feature, Port News

In a development that signposts readiness to maximize the gains derivable from the African Continental Free Trade Area (AfCFTA), the Nigerian Ports Authority (NPA) on 2nd July at 05:05 hours deployed its state-of-the-art marine crafts to berth the first wholly Nigerian-owned container vessel. The container vessel with International Maritime Organization (IMO) number 9508770 christened MV Ocean Dragon is owned by Clarion Shipping West Africa Limited has a capacity of 349 Twenty-Foot-Equivalent Units (TEUs) gives a boost to concerted investment drive geared towards reaping the cost and time saving benefits of short-sea shipping by plying in-country maritime trade routes across Nigeria and the West African sub-region and offers an efficient alternative to road transport as the Authority’s ef...

Jun242025 by Asu BeksNo Comments

NPA can rake in N1.28 trillion revenue in 2025…Dantsoho …As Agency Pushes for deep reforms in port infrastructure, automation

News Feature, Port News

The Nigerian Ports Authority (NPA) is projecting a massive revenue leap to over ₦1.27 trillion in 2025, representing a 40 percent increase from the ₦894.86 billion it realized in 2024. This ambitious target, the Authority says, is anchored on sweeping modernization efforts, the full activation of the Dangote Refinery’s marine operations, and the deployment of cutting-edge technology to enhance port efficiency. Managing Director of the NPA, Abubakar Dantsoho, disclosed this a presentation during a budget defence session wih the House of Representatives Committee on Ports and Harbours on Monday, where he defended the agency’s 2025 budget estimates and provided insights into its 2024 performance. “Our 2025 budget proposal is more than figures, it reflects our aspirations for a more e...

Jun212025 by Asu BeksNo Comments

Inspirational Leadership and Port Reforms Under the Renewed Hope Agenda…By Asu Beks.

News Feature, Port News

Inspirational leadership is a dynamic and transformative approach to leading people that goes beyond simply managing tasks or issuing directives. It's about motivating, energizing, and empowering individuals and teams to achieve their full potential and work towards a shared, compelling vision. At its heart, inspirational leadership is the ability to influence and uplift others to perform beyond expectations and contribute their best. It's about creating an environment where people are not just compliant, but genuinely enthusiastic, committed, and driven by a sense of purpose. This is the guiding principle as the port reforms driven by Adegboyega Oyetola , Nigeria's Minister of Marine and Blue Economy, begin to take root. Oyetola was "written off"by stakeholders when he was picked by Pr...

May282025 by Asu BeksNo Comments

CGC Wale Adeniyi’s Presidential Endorsement Excites Stakeholders .BY ASU BEKS.

Maritime, Misc, Port News

Some critical stakeholders in the maritime sector have applauded the endorsement of the Comptroller General of Customs, Bashir Adewale Adeniyi, mfr, by President Bola Ahmed Tinubu as timely and a call to do more. In a statement last week by Presidential spokesman, Bayo Onanuga, Tinubu had commended the outstanding performance of the Customs helmsman whose leadership style it said was top notch, yielding great dividends in the area of revenue generation , trade facilitation and anti smuggling. Speaking exclusively with Shipping World, President emeritus of the Association of Nigerian Licensed Customs Agents, Prince Olayiwola Shittu, observed that President Tinubu's endorsement of Bashir Adewale's successes at Customs House, was not only a moral boosting gesture for officers and men and o...

May252025 by Asu BeksNo Comments

Lekki Deep Seaport: NPA Targets 19 metres Draft

News Feature, Port News

The Federal Government has given the Nigerian Ports Authority the nod to dredge $1.5bn Lekki Deep seaport channel from its present 16.5metres to 17metres in the first instance, as it targets 19meters depth. Disclosing this over the weekend during his maiden visit to Lekki port, the Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho in the company of senior management staff of the Authority, urged Lekki Port to consolidate transshipment volumes to landlocked neighboring countries. According to Abubakar Dantsoho, "The rise in throughput volume at Lekki Port is exciting to us. "Lekki’s capacity to berth super post-panamax vessels and deliver rapid cargo and vessel turnaround positions is a game-changer for Nigeria’s export competitiveness, particularly for agro-alli...

May132025 by Asu BeksNo Comments

NSC Saves N31 Billion as Ministry Pushes for Sectoral Transformation

News Feature, Port News

Nigerian Shippers' Council (NSC) has highlighted its impressive performance and called for critical policy and funding reforms at the ongoing 2025 Sectoral Retreat of the Federal Ministry of Marine and Blue Economy. The NSC's Executive Secretary/CEO, Dr. Pius Akutah, MON, disclosed that the Council saved the Federal Government over N31 billion between January and June 2024 through automation of demurrage, freight rate, and charter party verification. Dr. Akutah also showcased the Council's achievements, including the commissioning of the Funtua Inland Dry Port, top-ranking performance in the 2024 ICPC Ethics and Integrity Scorecard, the launch of online registration portals for port users and service providers and the development of the Trade and Transport Data Bank now nearing compl...

May32025 by Asu BeksNo Comments

Much Ado About the N12trn Customs 2025 Target. By Asu Beks.

News Feature, Port News

Nigerians were jolted early in the year by a N12trn Target slammed at the Nigeria Customs Service by the National Assembly Joint Committee on Finance. Smarting from an impressive N5.07tr target in 2024 which it surpassed by over 20 per cent, the Service was given N6.5tr as its target for 2025. But during the budget defence session in January, the Joint Committee on Appropriation, in its wisdom raised the figure by almost 100 per cent. The Committee claimed that available data from the budget office indicated a huge potential that a N12trn annual target in 2025 was achievable. This position drew criticism from experts and the organised private sector. Experts have expressed concern that the N12trn target could impact negatively on the trade environment. The contention is that increased r...