Category : Search result: Panamanian vessel


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.

Police foil vessel attack in Lagos, arrest 7 suspects

Port Authority Police in Lagos arrested seven suspects attempting to board a Liberian-flagged vessel using a bamboo pole with a steel hook. The marine unit intercepted them during a routine patrol near PTML terminal.

Foreigners Face Court Over ₦12B Oil Theft in Nigeria

Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.

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