Category : Search result: maritime trade


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.

FG Issues Bakassi Deep Seaport Compliance Certificate

Cross River Governor Bassey Otu receives Federal Government's compliance certificate for the $3.5 billion Bakassi Deep Seaport, hailing it as a game-changer for Nigeria's maritime economy. Read more.

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.

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.

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.

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.

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.

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.

China Supports Nigeria's Port Modernisation Drive

China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.

China Backs Nigeria's Push for Digital Ports

China offers technical support to modernize Nigeria's seaports, including automation and digital systems. Partnership aims to boost trade efficiency and maritime security.

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