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How Nigeria, others can check economic loss from insecurity — Business — The Guardian Nigeria News – Nigeria and World News

Major stakeholders in the maritime industry have decried the spate of piracy in the Gulf of Guinea, identifying several factors that may have contributed to the lingering attacks on ships and seafarers in recent times. Stakeholders, who spoke at the Maritime Virtual Breakfast Meeting (MVBF) organised by the Nigerian Chamber of Shipping (NCS), said security […]

Breaking News | Industry Chieftains Brainstorm On Maritime Security In GoG

Greek shipping company wins Nigeria s coastal, bunkering services contract

IMO Regulation: FG Charges Operators on $2bn Bunker Fuel Market

Eromosele Abiodun The federal government has charged modular and other refinery operators as well as fuel suppliers in the country to harness the $2 billion bunker fuel market in Africa, as the regulation by the International Maritime Organisation (IMO) limiting the sulphur in fuel oil used on board ships comes into force. Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, made the call at the opening of a two-day meeting of the agency with modular and other refinery operators and fuel oil suppliers in the country. The NIMASA boss said the agency was determined to ensure availability of marine fuels that comply with the regulation by the International Maritime Organisation limiting the sulphur in the fuel oil used on board ships to 0.50 per cent m/m (mass by mass).

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