APM Terminals, BMS Sign Deal to Enhance Lagos Port Operations
APM Terminals and Barging Marine Solutions sign exclusive lease to expand Apapa port services, aiming to ease congestion and boost trade capacity. Read the full story.
Category : Search result: maritime trade
Ecobank, Bank of China Partner to Strengthen Financial Ties
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
China Imposes High Tariffs on EU Dairy Products
China imposes duties up to 42.7% on EU dairy, escalating a trade spat. EU calls the move unjustified. Get the latest on this economic clash.
Lula to EU: Show courage, sign Mercosur trade deal
Brazil's President Lula da Silva calls on the European Union to finalize the long-delayed Mercosur trade pact, aiming to create the world's largest free trade zone. Read the latest updates.
EU-Mercosur Trade Deal Postponed to January 12
The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.
EU-Mercosur Trade Deal Faces Crucial Vote
A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.
EU-Mercosur Trade Deal Hits French, Italian Roadblock
A landmark EU-Mercosur trade deal faces a major setback as Italy and France demand more safeguards for farmers, casting doubt on a signing ceremony planned for this weekend in Brazil.
NSC Chief: Nigeria Must Remove Barriers to Regional Trade
NSC CEO Pius Akutah urges Nigeria to become a maritime hub, detailing reforms in ports, dry ports, transit parks & dispute resolution saving billions. A must-read for business.
UNCTAD: 2025 Global Trade to Surpass $35 Trillion
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. Read the full analysis.
Industry Leaders Demand Urgent Cybersecurity Framework for Maritime
Maritime experts warn of rising AI-driven cyberattacks on Nigeria's ports and vessels. Stakeholders push for a national cybersecurity framework to protect trade and national security. Read the full report.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
China Imposes 5-Year Anti-Dumping Duties on EU Pork
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
China imposes 5-year anti-dumping duties on EU pork
China announces five-year anti-dumping duties on EU pork imports, effective Dec 17. Rates are 4.9% to 19.8%, lower than previous temporary tariffs. Read the full trade dispute analysis.
Trump Tariffs Hit Canadian Snowplow Exporter Hard
Arctic Snowplows, a Canadian manufacturer, faces uncertain times as US tariffs add $500 to its products, driving away American customers. Discover the impact of the trade war.
Nigeria risks losing maritime race to Indonesia
Nigeria is falling behind Indonesia in the blue economy race, warns Maritime Innovations Hub CEO Ronke Kosoko. Urgent investment and action are needed to close the gap. Read more.
Shipping lines decry $4.6m stowaway fines in Nigeria
Shipping lines in Nigeria pay $4.6 million annually to repatriate stowaways, despite paying security fees in dollars. SAN Chairman Boma Alabi criticizes the failed security system.
Lagos MSME Trade Fair Aims to Strengthen Grassroots Economy
Lagos State announces a week-long MSME trade fair to empower small businesses, foster economic inclusion, and create jobs. Event runs from December 8-14 at Surulere National Stadium.
2,300 Stowaways Annually at Nigerian Ports
The Shipping Association of Nigeria reports 2,300 security breaches by stowaways yearly, costing firms $2,000 per case. Port security agencies dispute the figures. Read more.
Nigerian Shippers Protest Hostile Port System, High Costs
Nigerian shippers raise alarm over excessive levies, delays, and corruption at seaports, threatening trade. Calls for Single Window implementation grow. Read more.
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
Cartels Smuggle Drugs in Livestock Vessels to Europe
International drug cartels are exploiting filthy livestock ships to smuggle tonnes of cocaine into Europe. Learn how poor sanitary conditions create a 'logistical nightmare' for authorities.
NNS BEECROFT Intercepts 172kg of Illicit Drugs
Nigerian Navy Ship BEECROFT has intercepted and handed over 172kg of Cannabis sativa to the NDLEA. The seizure highlights ongoing efforts to secure Nigeria's maritime domain. Read more.
FG Urged to Unlock N70tr Maritime Revenue for Debt
Olisa Agbakoba Legal urges FG to implement maritime reforms, unlocking N70 trillion yearly to service Nigeria's N152.4 trillion public debt and stop massive revenue losses.
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
WIME Congratulates Nigeria on IMO Category C Re-election
Women in Maritime and Energy (WIME) celebrates Nigeria's re-election to IMO Council Category C, calling it a win for Africa's maritime leadership and a boost for the blue economy. Read more.
Weak Standards Cost Nigeria N1 Trillion in Maritime
Maritime experts reveal Nigeria's blue economy loses N1 trillion yearly due to foreign dependence and weak standards. Discover how technical sovereignty could transform the sector.
Nigeria returns to IMO Council after 14 years
President Tinubu celebrates Nigeria's election to IMO Council after 14-year absence. A major win for maritime safety and blue economy ambitions. Read more!
Nigeria Returns to IMO Council After 14-Year Absence
Nigeria has regained its seat in Category C of the International Maritime Organization Council, strengthening its global maritime influence. NPA MD Dantsoho credits Minister Oyetola's leadership for this achievement.
Nigeria Returns to IMO Council After 14 Years
Nigeria elected to IMO Council Category C for 2026-2027 term after 14-year absence. Minister Oyetola says victory reflects global confidence in maritime reforms and Tinubu's blue economy agenda.
Digital Call-Up System Transforms Nigerian Port Operations
TTP's electronic call-up system Eto has scheduled over 3.38 million truck movements, reducing congestion and improving turnaround times at Lagos ports. Stakeholders urged to unite for continued progress.
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