Nigerian oil services firm Caverton plans to start the process of raising fresh equity by the fourth quarter after its $197 million stock market listing next Tuesday, the company's chief executive told Reuters on Thursday. Caverton, which…
Owner Operator standardizes on AVEVA Engineering & Design Solutions for increased efficiency on all new projects.AVEVA announced that TOTAL E&P Nigeria Ltd (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach…
Incat Crowther is pleased to announce that Veecraft Marine has delivered a pair of 20m Monohull Crewboats and signed a contract to build a 30m Wave Piercing Catamaran Crew Boat. Hot on the heels of delivering Magen Defender and Masud Defender…
International energy technology services company Proserv has reinforced its expanding global reach by appointing a country manager in one of West Africa's emerging provinces.Olu Phillips takes up the post in Nigeria where Proserv has experienced…
The United States Coast Guard has declared that the Nigerian Maritime Administration and Safety Agency (NIMASA) is on the right path to the successful implementation of the International Ships and Ports Facility Security (ISPS) Code in Nigeria…
The United States of America government has issued a 90-day ultimatum to Nigeria to improve security in its ports and waterways or face a ban on ships from entering the country.At the opening of a two day General Stakeholders Conference on 'Reviving ISPS Code Implementation in Nigeria…
Nigeria currently loses about N80 billion (US$500-million) annually to foreign shipping operators due to Federal Government not enforcing ship chandlery laws.Citing Head of government and international matters of Nigerian Customs Licensed Ship Chandlers Association (NCLSCA)…
The Federal Government has been advised by the Director, Nigerian Navy Chaplaincy, to provide appropriate & adequate platforms for the Nigerian Navy to quell piracy.Director, Nigerian Navy Chaplaincy, Lt. Commander Iyobosa Osaghae, at an…
The British High Commissioner to Nigeria, Dr Andrew Pocock, voices concern over increasing insecurity in the area, urges action.The diplomat made his remarks at the West African Maritime Security and Development Conference in Lagos, adding…
In September 2012 Moscow-based crew members of the arms-carrying 'MV Myre Seadiver' were arrested in Lagos & detained without trial.The owners of the vessel, the Moscow-based Moran Security Group, state as follows:In September 2012 Moscow…
Jee Ltd, a U.K.-based independent multi-discipline engineering and training firm, has launched a series of initiatives to update its training courses through geographical expansion and technological innovation.The company will expand the current course schedule to include Lagos…
US Government Consul-General, Jeffrey Hawkins, observes ineffectual Nigeria Government response to a growing incidence of piracy.The US envoy made his comment at the recently concluded Nigeria Maritime Expo (NIMAREX 2013) in Lagos. Acknowledging that Nigeria has enormous maritime potentials…
Nigeria Liquefied Natural Gas Company (NLNG) $1.6 billion bank loan on the cards.The company, which is majority owned jointly by the state oil company NNPC and Royal Dutch Shell, told Reuters a year ago it had contacted global banks to appoint advisers to explore the best option to raise funds…
The International Chamber of Commerce (ICC) notes pirate attacks off Nigeria, Indonesia & Mauritania in past week.Off the coast of NigeriaA product tanker under way noticed three skiffs approaching it at high speed. A suspected mother vessel was observed on radar at a distance of around 1…
This article deals with the evolution of piracy in the Gulf of Guinea. It was proclaimed in 2012 that the Somali pirate business model had been broken by a combination of coordinated naval patrols, heightened vessel security, and the ubiquitous presence of armed guards aboard valuable ships…
