The launch of the Dangote Refinery near the Port of Lagos presents an exciting opportunity to transform the energy and shipping markets in West Africa. And it stands to boost Nigeria’s role as an influential player in the global oil industry, fostering economic growth and regional development.Nigeria’s standing in the global energy landscape is getting a boost with domestic refining capacity expanding in 2025…
“During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024…
During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024…
When the maritime trade union Nautilus International asked memberswhat they thought of AI at a forum in January, there was some positive sentiment:“We shouldn’t automatically assume there will be problems with AI, as we’ve adopted other tech over the years without it being too intrusive for crew…
Energy and marine consultancy ABL launches a new entity in Namibia, expanding its growing operations in-country to support the local oil & gas market while developing its offering to support Namibia’s energy transition. “ABL has supported energy and marine projects in Namibia for over a decade…
The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, has reaffirmed Nigeria’s commitment to strengthening maritime collaboration with The Gambia to bolster regional security and economic growth. Speaking at the Fourth Blue Economy Conference in Banjul…
The Nigerian Maritime Administration and Safety Agency (NIMASA) is reviewing 16 proposals for amendments to the Maritime Labour Convention (MLC), 2006, which is often referred to as the “Seafarers' Bill of Rights.”This much was made public at a three-day Tripartite Technical session…
McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tanker demand and supply projections across eight vessel classes…
Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has purchased and put into operation two new mobile harbor cranes and a container freight station. These investments underscore…
Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement and expansion of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within Snake Island Integrated Free Zone…
Russian drone and missile attacks have damaged 321 Ukrainian port infrastructure facilities since July last year, President Volodymyr Zelenskiy said on Saturday.Twenty merchant ships belonging to other countries were also damaged by Russian strikes…
At least five cargoes of LNG have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.On Saturday Gazprom…
Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favor of BP, prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue (GTA) project offshore Senegal and Mauritania.LNG is key to BP's strategy and broader energy transition plan…
APM Terminals celebrated the inauguration of a comprehensive $115 million upgrade project at its West Africa Container Terminal (WACT) in Onne, Nigeria.The inauguration ceremony was attended by several dignitaries, including the Secretary to the Government of the Federation (SGF)…
Nigeria's state-owned NNPC Ltd oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.The oil refineries, which are being upgraded after being shut for several years…
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